POU.TO vs. ^GSPTSE
POU.TO (Paramount Resources Ltd.) is a stock, while ^GSPTSE (S&P TSX Composite Index (Canada)) is an index. Over the past 10 years, POU.TO returned 16.61%/yr vs 9.45%/yr for ^GSPTSE. At a 0.43 correlation, their price movements are largely independent.
Performance
POU.TO vs. ^GSPTSE - Performance Comparison
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Returns By Period
In the year-to-date period, POU.TO achieves a 25.46% return, which is significantly higher than ^GSPTSE's 11.05% return. Over the past 10 years, POU.TO has outperformed ^GSPTSE with an annualized return of 16.61%, while ^GSPTSE has yielded a comparatively lower 9.45% annualized return.
POU.TO
- 1D
- -4.39%
- 1M
- 2.41%
- YTD
- 25.46%
- 6M
- 15.10%
- 1Y
- 57.40%
- 3Y*
- 4.89%
- 5Y*
- 22.27%
- 10Y*
- 16.61%
^GSPTSE
- 1D
- 1.19%
- 1M
- 3.64%
- YTD
- 11.05%
- 6M
- 12.47%
- 1Y
- 33.69%
- 3Y*
- 20.89%
- 5Y*
- 11.95%
- 10Y*
- 9.45%
POU.TO vs. ^GSPTSE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
POU.TO Paramount Resources Ltd. | 25.46% | -21.48% | 30.17% | -4.83% | 21.05% | 396.81% | -33.69% | 5.01% | -63.03% | 22.39% |
^GSPTSE S&P TSX Composite Index (Canada) | 11.05% | 28.25% | 17.99% | 8.12% | -8.66% | 21.74% | 2.17% | 19.13% | -11.64% | 6.03% |
Correlation
The correlation between POU.TO and ^GSPTSE is 0.00, 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 | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2006 | 0.43 |
Over the past year, the correlation between POU.TO and ^GSPTSE has dropped to 0.00 - well below their long-term average of 0.43, suggesting their price drivers have been diverging.
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Return for Risk
POU.TO vs. ^GSPTSE — Risk / Return Rank
POU.TO
^GSPTSE
POU.TO vs. ^GSPTSE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Paramount Resources Ltd. (POU.TO) and S&P TSX Composite Index (Canada) (^GSPTSE). 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.
| POU.TO | ^GSPTSE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.77 | ||
| Sortino ratioReturn per unit of downside risk | -1.06 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.48 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 3.19 | 3.63 | -0.45 |
| Martin ratioReturn relative to average drawdown | 8.26 | 16.31 | -8.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| POU.TO | ^GSPTSE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.90 | 2.67 | -0.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.91 | -0.42 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | 0.63 | -0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.01 | 0.44 | -0.43 |
Drawdowns
POU.TO vs. ^GSPTSE - Drawdown Comparison
The maximum POU.TO drawdown since its inception was -98.31%, which is greater than ^GSPTSE's maximum drawdown of -49.99%. Use the drawdown chart below to compare losses from any high point for POU.TO and ^GSPTSE.
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Drawdown Indicators
| POU.TO | ^GSPTSE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.31% | -49.99% | -48.32% |
Max Drawdown (1Y)Largest decline over 1 year | -18.11% | -9.33% | -8.78% |
Max Drawdown (3Y)Largest decline over 3 years | -53.34% | -12.79% | -40.55% |
Max Drawdown (5Y)Largest decline over 5 years | -56.46% | -17.57% | -38.89% |
Max Drawdown (10Y)Largest decline over 10 years | -96.12% | -37.43% | -58.69% |
Current DrawdownCurrent decline from peak | -35.90% | 0.00% | -35.90% |
Average DrawdownAverage peak-to-trough decline | -54.12% | -11.51% | -42.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.97% | 2.07% | +4.90% |
Volatility
POU.TO vs. ^GSPTSE - Volatility Comparison
Paramount Resources Ltd. (POU.TO) has a higher volatility of 10.96% compared to S&P TSX Composite Index (Canada) (^GSPTSE) at 3.51%. This indicates that POU.TO's price experiences larger fluctuations and is considered to be riskier than ^GSPTSE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| POU.TO | ^GSPTSE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.96% | 3.51% | +7.45% |
Volatility (6M)Calculated over the trailing 6-month period | 24.29% | 10.36% | +13.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.40% | 12.71% | +17.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.17% | 13.16% | +32.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.52% | 15.09% | +42.43% |
Frequently Asked Questions
POU.TO and ^GSPTSE have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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