PNG.V vs. CASH.TO
PNG.V (Kraken Robotics Inc) is a stock, while CASH.TO (Global X High Interest Savings ETF) is Money Market fund actively managed by Global X. Over the past 3 years, PNG.V returned 139.55%/yr vs 3.48%/yr for CASH.TO. At a 0.05 correlation, their price movements are largely independent.
Performance
PNG.V vs. CASH.TO - Performance Comparison
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Returns By Period
In the year-to-date period, PNG.V achieves a -6.56% return, which is significantly lower than CASH.TO's 1.12% return.
PNG.V
- 1D
- 2.40%
- 1M
- -21.32%
- 6M
- -20.90%
- YTD
- -6.56%
- 1Y
- 56.54%
- 3Y*
- 139.55%
- 5Y*
- 65.61%
- 10Y*
- 43.63%
- ALL TIME*
- 30.36%
CASH.TO
- 1D
- 0.02%
- 1M
- 0.19%
- 6M
- 1.04%
- YTD
- 1.12%
- 1Y
- 2.18%
- 3Y*
- 3.48%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 3.32%
PNG.V vs. CASH.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PNG.V Kraken Robotics Inc | -6.56% | 132.73% | 323.08% | 14.04% | 52.00% | -8.54% |
CASH.TO Global X High Interest Savings ETF | 1.12% | 2.45% | 4.53% | 5.11% | 2.38% | 0.08% |
Correlation
The correlation between PNG.V and CASH.TO is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Nov 3, 2021 | 0.05 |
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Return for Risk
PNG.V vs. CASH.TO — Risk / Return Rank
PNG.V
CASH.TO
PNG.V vs. CASH.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kraken Robotics Inc (PNG.V) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PNG.V | CASH.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -8.60 | ||
| Sortino ratioReturn per unit of downside risk | -23.76 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 6.84 | -5.67 |
| Calmar ratioReturn relative to maximum drawdown | 1.32 | 109.63 | -108.30 |
| Martin ratioReturn relative to average drawdown | 2.98 | 377.07 | -374.09 |
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Drawdowns
PNG.V vs. CASH.TO - Drawdown Comparison
The maximum PNG.V drawdown since its inception was -83.33%, which is greater than CASH.TO's maximum drawdown of -0.80%. Use the drawdown chart below to compare losses from any high point for PNG.V and CASH.TO.
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Drawdown Indicators
| PNG.V | CASH.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.33% | -0.80% | -82.53% |
Max Drawdown (1Y)Largest decline over 1 year | -42.91% | -0.02% | -42.89% |
Max Drawdown (3Y)Largest decline over 3 years | -42.91% | -0.06% | -42.85% |
Max Drawdown (5Y)Largest decline over 5 years | -46.27% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -71.21% | — | — |
Current DrawdownCurrent decline from peak | -41.54% | 0.00% | -41.54% |
Average DrawdownAverage peak-to-trough decline | -38.63% | -0.00% | -38.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.04% | 0.01% | +19.03% |
Volatility
PNG.V vs. CASH.TO - Volatility Comparison
Kraken Robotics Inc (PNG.V) has a higher volatility of 18.66% compared to Global X High Interest Savings ETF (CASH.TO) at 0.08%. This indicates that PNG.V's price experiences larger fluctuations and is considered to be riskier than CASH.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PNG.V | CASH.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.66% | 0.08% | +18.58% |
Volatility (6M)Calculated over the trailing 6-month period | 51.29% | 0.16% | +51.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.24% | 0.23% | +71.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.64% | 0.61% | +58.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.04% | 0.61% | +68.43% |
Dividends
PNG.V vs. CASH.TO - Dividend Comparison
PNG.V has not paid dividends to shareholders, while CASH.TO's dividend yield for the trailing twelve months is around 2.12%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
CASH.TO Global X High Interest Savings ETF | 2.12% | 2.53% | 4.37% | 5.05% | 2.30% | 0.10% |
PNG.V Kraken Robotics Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PNG.V and CASH.TO have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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