SPLT.TO vs. PREF.TO
SPLT.TO (Brompton Split Corp. Preferred Share ETF) and PREF.TO (Quadravest Preferred Split Share ETF) are both Preferred Stock/Convertible Bonds funds. Both are actively managed. Over the past year, SPLT.TO returned 5.71% vs 6.22% for PREF.TO. A 0.50 correlation means they provide meaningful diversification when combined.
Performance
SPLT.TO vs. PREF.TO - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with SPLT.TO having a 3.54% return and PREF.TO slightly lower at 3.47%.
SPLT.TO
- 1D
- 0.09%
- 1M
- -0.05%
- 6M
- 4.58%
- YTD
- 3.54%
- 1Y
- 5.71%
- 3Y*
- 9.46%
- 5Y*
- —
- 10Y*
- —
PREF.TO
- 1D
- 0.09%
- 1M
- 0.08%
- 6M
- 4.76%
- YTD
- 3.47%
- 1Y
- 6.22%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SPLT.TO vs. PREF.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SPLT.TO Brompton Split Corp. Preferred Share ETF | 3.54% | 5.75% | 9.21% |
PREF.TO Quadravest Preferred Split Share ETF | 3.47% | 6.77% | 9.28% |
Correlation
The correlation between SPLT.TO and PREF.TO is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 2024 | 0.50 |
The correlation between SPLT.TO and PREF.TO has been stable across timeframes, ranging from 0.50 to 0.52 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SPLT.TO vs. PREF.TO — Risk / Return Rank
SPLT.TO
PREF.TO
SPLT.TO vs. PREF.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brompton Split Corp. Preferred Share ETF (SPLT.TO) and Quadravest Preferred Split Share ETF (PREF.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SPLT.TO | PREF.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.31 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.15 | 4.16 | -1.00 |
| Martin ratioReturn relative to average drawdown | 8.32 | 9.83 | -1.51 |
Loading charts...
Drawdowns
SPLT.TO vs. PREF.TO - Drawdown Comparison
The maximum SPLT.TO drawdown since its inception was -5.36%, smaller than the maximum PREF.TO drawdown of -6.24%. Use the drawdown chart below to compare losses from any high point for SPLT.TO and PREF.TO.
Loading charts...
Drawdown Indicators
| SPLT.TO | PREF.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.36% | -6.24% | +0.88% |
Max Drawdown (1Y)Largest decline over 1 year | -1.82% | -1.50% | -0.32% |
Max Drawdown (3Y)Largest decline over 3 years | -5.36% | — | — |
Current DrawdownCurrent decline from peak | -0.40% | -0.30% | -0.10% |
Average DrawdownAverage peak-to-trough decline | -0.49% | -0.75% | +0.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.69% | 0.63% | +0.06% |
Volatility
SPLT.TO vs. PREF.TO - Volatility Comparison
The current volatility for Brompton Split Corp. Preferred Share ETF (SPLT.TO) is 0.99%, while Quadravest Preferred Split Share ETF (PREF.TO) has a volatility of 1.23%. This indicates that SPLT.TO experiences smaller price fluctuations and is considered to be less risky than PREF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SPLT.TO | PREF.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.99% | 1.23% | -0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 2.19% | 2.87% | -0.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.44% | 4.05% | -0.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.63% | 5.19% | -0.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.63% | 5.19% | -0.56% |
Dividends
SPLT.TO vs. PREF.TO - Dividend Comparison
SPLT.TO's dividend yield for the trailing twelve months is around 5.98%, less than PREF.TO's 6.59% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
PREF.TO Quadravest Preferred Split Share ETF | 6.59% | 6.60% | 3.18% | 0.00% |
SPLT.TO Brompton Split Corp. Preferred Share ETF | 5.98% | 6.01% | 5.99% | 3.55% |
Frequently Asked Questions
SPLT.TO and PREF.TO have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: Brompton Funds and Quadravest.
Find the right allocation for SPLT.TO and PREF.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer