SAP.TO vs. ^TNX
Compare and contrast key facts about Saputo Inc. (SAP.TO) and Treasury Yield 10 Years (^TNX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SAP.TO or ^TNX.
Correlation
The correlation between SAP.TO and ^TNX is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SAP.TO vs. ^TNX - Performance Comparison
Key characteristics
SAP.TO:
-0.36
^TNX:
0.16
SAP.TO:
-0.40
^TNX:
0.39
SAP.TO:
0.95
^TNX:
1.04
SAP.TO:
-0.16
^TNX:
0.06
SAP.TO:
-0.57
^TNX:
0.32
SAP.TO:
12.68%
^TNX:
10.45%
SAP.TO:
20.07%
^TNX:
21.12%
SAP.TO:
-44.56%
^TNX:
-93.78%
SAP.TO:
-38.38%
^TNX:
-44.91%
Returns By Period
In the year-to-date period, SAP.TO achieves a 1.68% return, which is significantly higher than ^TNX's -3.35% return. Over the past 10 years, SAP.TO has underperformed ^TNX with an annualized return of -1.62%, while ^TNX has yielded a comparatively higher 8.35% annualized return.
SAP.TO
1.68%
8.50%
-16.41%
-7.95%
-7.05%
-1.62%
^TNX
-3.35%
-3.89%
16.10%
2.15%
24.68%
8.35%
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Risk-Adjusted Performance
SAP.TO vs. ^TNX — Risk-Adjusted Performance Rank
SAP.TO
^TNX
SAP.TO vs. ^TNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Saputo Inc. (SAP.TO) and Treasury Yield 10 Years (^TNX). 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.
Drawdowns
SAP.TO vs. ^TNX - Drawdown Comparison
The maximum SAP.TO drawdown since its inception was -44.56%, smaller than the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for SAP.TO and ^TNX. For additional features, visit the drawdowns tool.
Volatility
SAP.TO vs. ^TNX - Volatility Comparison
Saputo Inc. (SAP.TO) has a higher volatility of 6.70% compared to Treasury Yield 10 Years (^TNX) at 5.89%. This indicates that SAP.TO's price experiences larger fluctuations and is considered to be riskier than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.