NTR.TO vs. COW.TO
Compare and contrast key facts about Nutrien Ltd. (NTR.TO) and iShares Global Agriculture Index ETF (COW.TO).
COW.TO is a passively managed fund by iShares that tracks the performance of the Manulife Investment Management Global Agriculture Index. It was launched on Dec 19, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NTR.TO or COW.TO.
Key characteristics
| NTR.TO | COW.TO | |
|---|---|---|
| YTD Return | -2.80% | 2.94% |
| 1Y Return | -20.50% | 1.45% |
| 3Y Return (Ann) | 4.63% | 0.41% |
| 5Y Return (Ann) | 3.45% | 8.57% |
| Sharpe Ratio | -0.73 | 0.11 |
| Daily Std Dev | 28.74% | 14.26% |
| Max Drawdown | -51.88% | -55.00% |
| Current Drawdown | -47.09% | -21.38% |
Correlation
The correlation between NTR.TO and COW.TO is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
NTR.TO vs. COW.TO - Performance Comparison
In the year-to-date period, NTR.TO achieves a -2.80% return, which is significantly lower than COW.TO's 2.94% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
NTR.TO vs. COW.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nutrien Ltd. (NTR.TO) and iShares Global Agriculture Index ETF (COW.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
NTR.TO vs. COW.TO - Dividend Comparison
NTR.TO's dividend yield for the trailing twelve months is around 2.97%, more than COW.TO's 1.57% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NTR.TO Nutrien Ltd. | 2.97% | 2.84% | 2.61% | 2.55% | 2.94% | 2.83% | 2.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
COW.TO iShares Global Agriculture Index ETF | 1.57% | 1.62% | 2.03% | 0.69% | 1.02% | 1.02% | 1.07% | 0.58% | 1.10% | 1.78% | 0.97% | 1.45% |
Drawdowns
NTR.TO vs. COW.TO - Drawdown Comparison
The maximum NTR.TO drawdown since its inception was -51.88%, smaller than the maximum COW.TO drawdown of -55.00%. Use the drawdown chart below to compare losses from any high point for NTR.TO and COW.TO. For additional features, visit the drawdowns tool.
Volatility
NTR.TO vs. COW.TO - Volatility Comparison
Nutrien Ltd. (NTR.TO) has a higher volatility of 6.22% compared to iShares Global Agriculture Index ETF (COW.TO) at 3.77%. This indicates that NTR.TO's price experiences larger fluctuations and is considered to be riskier than COW.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.