SLF.TO vs. ^TNX

Last updated Apr 2, 2026

Compare and contrast key facts about Sun Life Financial Inc. (SLF.TO) and Treasury Yield 10 Years (^TNX).

Performance

SLF.TO vs. ^TNX - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Sun Life Financial Inc. (SLF.TO) and Treasury Yield 10 Years (^TNX). The values are adjusted to include any dividend payments, if applicable.

SLF.TO vs. ^TNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SLF.TO Sun Life Financial Inc.	3.00%	4.75%	29.69%	14.37%	-6.73%	28.82%	-0.52%	35.86%	-9.44%	4.39%
^TNX Treasury Yield 10 Years	5.06%	-13.14%	28.45%	-2.53%	174.83%	63.40%	-53.02%	-32.07%	21.16%	-7.94%

Different Trading Currencies

SLF.TO is traded in CAD, while ^TNX is traded in USD. To make them comparable, the ^TNX values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, SLF.TO achieves a 3.00% return, which is significantly lower than ^TNX's 5.06% return. Over the past 10 years, SLF.TO has outperformed ^TNX with an annualized return of 12.00%, while ^TNX has yielded a comparatively lower 9.92% annualized return.

SLF.TO

• 1D: 0.22%
• 1M: -2.05%
• YTD: 3.00%
• 6M: 6.33%
• 1Y: 9.58%
• 3Y*: 16.36%
• 5Y*: 10.99%
• 10Y*: 12.00%

^TNX

• 1D: 0.05%
• 1M: 8.43%
• YTD: 5.06%
• 6M: 4.89%
• 1Y: 0.97%
• 3Y*: 8.32%
• 5Y*: 23.30%
• 10Y*: 9.92%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

SLF.TO vs. ^TNX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SLF.TO

SLF.TO Risk / Return Rank: 54
SLF.TO Sharpe Ratio Rank: 58
SLF.TO Sortino Ratio Rank: 48
SLF.TO Omega Ratio Rank: 50
SLF.TO Calmar Ratio Rank: 58
SLF.TO Martin Ratio Rank: 59

^TNX

^TNX Risk / Return Rank: 22
^TNX Sharpe Ratio Rank: 26
^TNX Sortino Ratio Rank: 23
^TNX Omega Ratio Rank: 22
^TNX Calmar Ratio Rank: 19
^TNX Martin Ratio Rank: 18

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SLF.TO vs. ^TNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sun Life Financial Inc. (SLF.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.

	SLF.TO	^TNX	Difference
Sharpe ratio Return per unit of total volatility	0.48	0.05	+0.43
Sortino ratio Return per unit of downside risk	0.74	0.21	+0.53
Omega ratio Gain probability vs. loss probability	1.11	1.02	+0.09
Calmar ratio Return relative to maximum drawdown	0.75	-0.12	+0.87
Martin ratio Return relative to average drawdown	1.76	-0.20	+1.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SLF.TO vs. ^TNX - Sharpe Ratio Comparison

The current SLF.TO Sharpe Ratio is 0.48, which is higher than the ^TNX Sharpe Ratio of 0.05. The chart below compares the historical Sharpe Ratios of SLF.TO and ^TNX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SLF.TO	^TNX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.48	0.05	+0.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	0.69	-0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	0.21	+0.39
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.07	+0.33

Correlation

The correlation between SLF.TO and ^TNX is 0.23, 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.

Drawdowns

SLF.TO vs. ^TNX - Drawdown Comparison

The maximum SLF.TO drawdown since its inception was -71.53%, smaller than the maximum ^TNX drawdown of -84.33%. Use the drawdown chart below to compare losses from any high point for SLF.TO and ^TNX.

Drawdown Indicators

	SLF.TO	^TNX	Difference
Max Drawdown Largest peak-to-trough decline	-71.53%	-93.78%	+22.25%
Max Drawdown (1Y) Largest decline over 1 year	-14.08%	-13.99%	-0.09%
Max Drawdown (5Y) Largest decline over 5 years	-24.48%	-31.74%	+7.26%
Max Drawdown (10Y) Largest decline over 10 years	-45.99%	-84.57%	+38.58%
Current Drawdown Current decline from peak	-6.05%	-46.17%	+40.12%
Average Drawdown Average peak-to-trough decline	-14.78%	-51.38%	+36.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.02%	8.39%	-2.37%

Volatility

SLF.TO vs. ^TNX - Volatility Comparison

The current volatility for Sun Life Financial Inc. (SLF.TO) is 4.74%, while Treasury Yield 10 Years (^TNX) has a volatility of 6.30%. This indicates that SLF.TO experiences smaller price fluctuations and is considered to be less risky than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SLF.TO	^TNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.74%	6.30%	-1.56%
Volatility (6M) Calculated over the trailing 6-month period	13.47%	11.34%	+2.13%
Volatility (1Y) Calculated over the trailing 1-year period	20.05%	19.20%	+0.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.55%	33.89%	-17.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.35%	48.45%	-28.10%