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:
-0.31
^TNX:
0.23
SAP.TO:
-0.32
^TNX:
0.48
SAP.TO:
0.96
^TNX:
1.05
SAP.TO:
-0.14
^TNX:
0.09
SAP.TO:
-0.50
^TNX:
0.46
SAP.TO:
12.62%
^TNX:
10.44%
SAP.TO:
20.06%
^TNX:
21.08%
SAP.TO:
-44.56%
^TNX:
-93.78%
SAP.TO:
-37.94%
^TNX:
-43.91%
Returns By Period
In the year-to-date period, SAP.TO achieves a 2.40% return, which is significantly higher than ^TNX's -1.60% return. Over the past 10 years, SAP.TO has underperformed ^TNX with an annualized return of -1.52%, while ^TNX has yielded a comparatively higher 8.16% annualized return.
SAP.TO
2.40%
9.83%
-13.77%
-6.61%
-6.93%
-1.52%
^TNX
-1.60%
-1.62%
16.52%
4.05%
25.15%
8.16%
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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 6.53% compared to Treasury Yield 10 Years (^TNX) at 5.68%. 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.