SAP.TO vs. FIE.TO
SAP.TO (Saputo Inc.) is a stock, while FIE.TO (iShares Canadian Financial Monthly Income ETF) is Canada Equities fund tracking the Morningstar Can Equity Tgt Alloc NR CAD. Over the past 10 years, SAP.TO returned 2.50%/yr vs 11.90%/yr for FIE.TO. At a 0.31 correlation, their price movements are largely independent.
Performance
SAP.TO vs. FIE.TO - Performance Comparison
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Returns By Period
In the year-to-date period, SAP.TO achieves a 4.36% return, which is significantly lower than FIE.TO's 8.54% return. Over the past 10 years, SAP.TO has underperformed FIE.TO with an annualized return of 2.50%, while FIE.TO has yielded a comparatively higher 11.90% annualized return.
SAP.TO
- 1D
- 1.30%
- 1M
- 4.61%
- YTD
- 4.36%
- 6M
- 9.14%
- 1Y
- 64.40%
- 3Y*
- 9.57%
- 5Y*
- 5.19%
- 10Y*
- 2.50%
FIE.TO
- 1D
- -0.37%
- 1M
- 2.99%
- YTD
- 8.54%
- 6M
- 12.57%
- 1Y
- 31.11%
- 3Y*
- 24.63%
- 5Y*
- 12.71%
- 10Y*
- 11.90%
SAP.TO vs. FIE.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SAP.TO Saputo Inc. | 4.36% | 69.59% | -4.35% | -18.00% | 20.36% | -18.33% | -9.55% | 4.28% | -11.88% | -3.55% |
FIE.TO iShares Canadian Financial Monthly Income ETF | 8.54% | 28.28% | 27.54% | 12.58% | -14.35% | 29.02% | 1.33% | 18.97% | -9.12% | 12.01% |
Correlation
The correlation between SAP.TO and FIE.TO is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Apr 19, 2010 | 0.31 |
The correlation between SAP.TO and FIE.TO shifts across timeframes, from 0.19 (1 year) to 0.31 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SAP.TO vs. FIE.TO — Risk / Return Rank
SAP.TO
FIE.TO
SAP.TO vs. FIE.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Saputo Inc. (SAP.TO) and iShares Canadian Financial Monthly Income ETF (FIE.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.
| SAP.TO | FIE.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.97 | ||
| Sortino ratioReturn per unit of downside risk | -2.06 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.71 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 4.03 | 5.48 | -1.44 |
| Martin ratioReturn relative to average drawdown | 14.94 | 22.60 | -7.66 |
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
| SAP.TO | FIE.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.76 | 3.73 | -0.97 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | 1.23 | -1.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.11 | 0.85 | -0.74 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.75 | -0.26 |
Drawdowns
SAP.TO vs. FIE.TO - Drawdown Comparison
The maximum SAP.TO drawdown since its inception was -44.63%, which is greater than FIE.TO's maximum drawdown of -42.24%. Use the drawdown chart below to compare losses from any high point for SAP.TO and FIE.TO.
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Drawdown Indicators
| SAP.TO | FIE.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.63% | -42.24% | -2.39% |
Max Drawdown (1Y)Largest decline over 1 year | -16.05% | -5.70% | -10.35% |
Max Drawdown (3Y)Largest decline over 3 years | -32.20% | -10.70% | -21.50% |
Max Drawdown (5Y)Largest decline over 5 years | -35.29% | -22.93% | -12.36% |
Max Drawdown (10Y)Largest decline over 10 years | -44.63% | -42.24% | -2.39% |
Current DrawdownCurrent decline from peak | -4.77% | -1.30% | -3.47% |
Average DrawdownAverage peak-to-trough decline | -13.86% | -4.87% | -8.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.33% | 1.38% | +2.95% |
Volatility
SAP.TO vs. FIE.TO - Volatility Comparison
Saputo Inc. (SAP.TO) has a higher volatility of 6.64% compared to iShares Canadian Financial Monthly Income ETF (FIE.TO) at 2.87%. This indicates that SAP.TO's price experiences larger fluctuations and is considered to be riskier than FIE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SAP.TO | FIE.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.64% | 2.87% | +3.77% |
Volatility (6M)Calculated over the trailing 6-month period | 17.38% | 7.16% | +10.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.43% | 8.37% | +15.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.97% | 10.44% | +12.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.58% | 14.04% | +8.54% |
Dividends
SAP.TO vs. FIE.TO - Dividend Comparison
SAP.TO's dividend yield for the trailing twelve months is around 1.84%, less than FIE.TO's 4.52% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIE.TO iShares Canadian Financial Monthly Income ETF | 4.52% | 4.81% | 5.84% | 6.98% | 7.31% | 5.85% | 7.10% | 6.65% | 7.38% | 6.28% | 6.59% | 7.43% |
SAP.TO Saputo Inc. | 1.84% | 1.89% | 3.00% | 2.72% | 2.15% | 2.49% | 1.94% | 1.67% | 1.66% | 1.37% | 1.20% | 1.60% |
Frequently Asked Questions
SAP.TO and FIE.TO have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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