OCFT vs. CASH.TO

Last updated Jun 4, 2026

OCFT (OneConnect Financial Technology Co., Ltd.) is a stock, while CASH.TO (Global X High Interest Savings ETF) is Money Market fund actively managed by Global X. At a 0.16 correlation, their price movements are largely independent.

Performance

OCFT vs. CASH.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in OneConnect Financial Technology Co., Ltd. (OCFT) and Global X High Interest Savings ETF (CASH.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

OCFT is traded in USD, while CASH.TO is traded in CAD. To make them comparable, the CASH.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

OCFT

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CASH.TO

• 1D: -0.40%
• 1M: -1.84%
• YTD: -0.41%
• 6M: 1.40%
• 1Y: 0.91%
• 3Y*: 2.44%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

OCFT vs. CASH.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
OCFT OneConnect Financial Technology Co., Ltd.	0.00%	224.69%	-24.77%	-39.17%	-78.50%	-18.48%
CASH.TO Global X High Interest Savings ETF	-0.41%	7.36%	-3.73%	7.51%	-4.46%	-1.95%

Correlation

The correlation between OCFT and CASH.TO is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (All Time) Calculated using the full available price history since Nov 4, 2021	0.16

The correlation between OCFT and CASH.TO shifts across timeframes, from -0.01 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.

Return for Risk

OCFT vs. CASH.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CASH.TO

CASH.TO Risk / Return Rank: 100
CASH.TO Sharpe Ratio Rank: 99
CASH.TO Sortino Ratio Rank: 100
CASH.TO Omega Ratio Rank: 100
CASH.TO Calmar Ratio Rank: 100
CASH.TO Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OCFT vs. CASH.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for OneConnect Financial Technology Co., Ltd. (OCFT) and Global X High Interest Savings ETF (CASH.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	OCFT	CASH.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.21	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.13	—

Drawdowns

Drawdown Indicators

	OCFT	CASH.TO	Difference
Max Drawdown Largest peak-to-trough decline	—	-9.42%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-2.96%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-6.41%	—
Current Drawdown Current decline from peak	—	-2.26%	—
Average Drawdown Average peak-to-trough decline	—	-2.75%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.46%	—

Volatility

Volatility by Period

	OCFT	CASH.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.77%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.36%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	4.47%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	6.24%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	6.24%	—

Dividends

OCFT vs. CASH.TO - Dividend Comparison

OCFT has not paid dividends to shareholders, while CASH.TO's dividend yield for the trailing twelve months is around 2.19%.

Position	TTM	2025	2024	2023	2022	2021
CASH.TO Global X High Interest Savings ETF	2.19%	2.53%	4.37%	5.06%	2.30%	0.10%
OCFT OneConnect Financial Technology Co., Ltd.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both OCFT and CASH.TO in my portfolio?

OCFT and CASH.TO have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.