STN.TO vs. CIF.TO

Last updated Jun 4, 2026

STN.TO (Stantec Inc.) is a stock, while CIF.TO (iShares Global Infrastructure Index ETF) is Energy Equities fund tracking the Manulife Investment Management Global Infrastructure Index. Over the past 10 years, STN.TO returned 13.29%/yr vs 12.99%/yr for CIF.TO. At a 0.34 correlation, their price movements are largely independent.

Performance

STN.TO vs. CIF.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Stantec Inc. (STN.TO) and iShares Global Infrastructure Index ETF (CIF.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STN.TO achieves a -21.00% return, which is significantly lower than CIF.TO's 25.20% return. Both investments have delivered pretty close results over the past 10 years, with STN.TO having a 13.29% annualized return and CIF.TO not far behind at 12.99%.

STN.TO

• 1D: -1.30%
• 1M: -17.65%
• YTD: -21.00%
• 6M: -23.39%
• 1Y: -28.58%
• 3Y*: 8.68%
• 5Y*: 14.67%
• 10Y*: 13.29%

CIF.TO

• 1D: 1.03%
• 1M: 3.28%
• YTD: 25.20%
• 6M: 16.23%
• 1Y: 35.22%
• 3Y*: 25.10%
• 5Y*: 18.52%
• 10Y*: 12.99%

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

STN.TO vs. CIF.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
STN.TO Stantec Inc.	-21.00%	15.61%	6.81%	65.43%	-7.62%	74.10%	14.27%	25.51%	-13.44%	5.18%
CIF.TO iShares Global Infrastructure Index ETF	25.20%	14.45%	25.40%	14.65%	5.90%	17.73%	-0.62%	23.55%	-5.46%	2.34%

Correlation

The correlation between STN.TO and CIF.TO is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (10Y) Calculated over the trailing 10-year period	0.39
Correlation (All Time) Calculated using the full available price history since Aug 28, 2008	0.34

The correlation between STN.TO and CIF.TO shifts across timeframes, from 0.34 (all time) to 0.45 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

STN.TO vs. CIF.TO — Risk / Return Rank

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

STN.TO

STN.TO Risk / Return Rank: 6
STN.TO Sharpe Ratio Rank: 4
STN.TO Sortino Ratio Rank: 7
STN.TO Omega Ratio Rank: 7
STN.TO Calmar Ratio Rank: 11
STN.TO Martin Ratio Rank: 2

CIF.TO

CIF.TO Risk / Return Rank: 70
CIF.TO Sharpe Ratio Rank: 70
CIF.TO Sortino Ratio Rank: 67
CIF.TO Omega Ratio Rank: 71
CIF.TO Calmar Ratio Rank: 73
CIF.TO Martin Ratio Rank: 71

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.

STN.TO vs. CIF.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Stantec Inc. (STN.TO) and iShares Global Infrastructure Index ETF (CIF.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.

	STN.TO	CIF.TO	Difference
Sharpe ratio: Return per unit of total volatility	-1.04	2.33	-3.37
Sortino ratio: Return per unit of downside risk	-1.36	3.13	-4.48
Omega ratio: Gain probability vs. loss probability	0.82	1.43	-0.61
Calmar ratio: Return relative to maximum drawdown	-0.78	3.72	-4.50
Martin ratio: Return relative to average drawdown	-1.79	13.46	-15.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

STN.TO vs. CIF.TO - Sharpe Ratio Comparison

The current STN.TO Sharpe Ratio is -1.04, which is lower than the CIF.TO Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of STN.TO and CIF.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	STN.TO	CIF.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.04	2.33	-3.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	1.28	-0.66
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	0.78	-0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.54	-0.03

Drawdowns

STN.TO vs. CIF.TO - Drawdown Comparison

The maximum STN.TO drawdown since its inception was -60.46%, which is greater than CIF.TO's maximum drawdown of -42.37%. Use the drawdown chart below to compare losses from any high point for STN.TO and CIF.TO.

Drawdown Indicators

	STN.TO	CIF.TO	Difference
Max Drawdown Largest peak-to-trough decline	-60.46%	-42.37%	-18.09%
Max Drawdown (1Y) Largest decline over 1 year	-36.84%	-9.50%	-27.34%
Max Drawdown (3Y) Largest decline over 3 years	-36.84%	-20.40%	-16.44%
Max Drawdown (5Y) Largest decline over 5 years	-36.84%	-20.40%	-16.44%
Max Drawdown (10Y) Largest decline over 10 years	-36.84%	-42.37%	+5.53%
Current Drawdown Current decline from peak	-35.45%	-0.76%	-34.69%
Average Drawdown Average peak-to-trough decline	-14.50%	-5.66%	-8.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.98%	2.63%	+13.35%

Volatility

STN.TO vs. CIF.TO - Volatility Comparison

Stantec Inc. (STN.TO) has a higher volatility of 13.16% compared to iShares Global Infrastructure Index ETF (CIF.TO) at 5.85%. This indicates that STN.TO's price experiences larger fluctuations and is considered to be riskier than CIF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STN.TO	CIF.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.16%	5.85%	+7.31%
Volatility (6M) Calculated over the trailing 6-month period	23.56%	12.44%	+11.12%
Volatility (1Y) Calculated over the trailing 1-year period	27.49%	15.23%	+12.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.74%	14.56%	+9.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.85%	16.69%	+7.16%

Dividends

STN.TO vs. CIF.TO - Dividend Comparison

STN.TO's dividend yield for the trailing twelve months is around 0.90%, less than CIF.TO's 1.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CIF.TO iShares Global Infrastructure Index ETF	1.77%	2.05%	2.84%	2.36%	2.53%	2.24%	2.06%	1.83%	2.45%	2.27%	1.81%	2.41%
STN.TO Stantec Inc.	0.90%	0.69%	0.74%	0.73%	1.11%	0.93%	1.50%	1.98%	1.85%	1.42%	1.33%	1.22%

Frequently Asked Questions

Can I hold both STN.TO and CIF.TO in my portfolio?

STN.TO and CIF.TO have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.