TECK-B.TO vs. CASH.TO

Last updated Jun 5, 2026

TECK-B.TO (Teck Resources Limited) is a stock, while CASH.TO (Global X High Interest Savings ETF) is Money Market fund actively managed by Global X. Over the past 3 years, TECK-B.TO returned 20.26%/yr vs 3.62%/yr for CASH.TO. At a 0.01 correlation, their price movements are largely independent.

Performance

TECK-B.TO vs. CASH.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Teck Resources Limited (TECK-B.TO) and Global X High Interest Savings ETF (CASH.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TECK-B.TO achieves a 42.68% return, which is significantly higher than CASH.TO's 0.84% return.

TECK-B.TO

• 1D: 0.09%
• 1M: 18.84%
• YTD: 42.68%
• 6M: 50.04%
• 1Y: 85.10%
• 3Y*: 20.26%
• 5Y*: 27.45%
• 10Y*: 21.75%

CASH.TO

• 1D: 0.01%
• 1M: 0.16%
• YTD: 0.84%
• 6M: 1.02%
• 1Y: 2.23%
• 3Y*: 3.62%
• 5Y*: —
• 10Y*: —

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

TECK-B.TO vs. CASH.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
TECK-B.TO Teck Resources Limited	42.68%	13.74%	5.72%	11.61%	43.23%	7.08%
CASH.TO Global X High Interest Savings ETF	0.84%	2.45%	4.53%	5.11%	2.39%	0.08%

Correlation

The correlation between TECK-B.TO and CASH.TO is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.11
Correlation (3Y) Calculated over the trailing 3-year period	-0.01
Correlation (All Time) Calculated using the full available price history since Nov 4, 2021	0.01

The correlation between TECK-B.TO and CASH.TO shifts across timeframes, from -0.11 (1 year) to 0.01 (all time), reflecting how their relationship changes across market environments.

Return for Risk

TECK-B.TO vs. CASH.TO — Risk / Return Rank

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

TECK-B.TO

TECK-B.TO Risk / Return Rank: 84
TECK-B.TO Sharpe Ratio Rank: 87
TECK-B.TO Sortino Ratio Rank: 83
TECK-B.TO Omega Ratio Rank: 81
TECK-B.TO Calmar Ratio Rank: 84
TECK-B.TO Martin Ratio Rank: 85

CASH.TO

CASH.TO Risk / Return Rank: 100
CASH.TO Sharpe Ratio Rank: 99
CASH.TO Sortino Ratio Rank: 100
CASH.TO Omega Ratio Rank: 100
CASH.TO Calmar Ratio Rank: 100
CASH.TO Martin Ratio Rank: 100

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.

TECK-B.TO vs. CASH.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teck Resources Limited (TECK-B.TO) and Global X High Interest Savings ETF (CASH.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.

	TECK-B.TO	CASH.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.93	10.38	-8.46
Sortino ratio: Return per unit of downside risk	2.58	32.63	-30.05
Omega ratio: Gain probability vs. loss probability	1.31	7.50	-6.19
Calmar ratio: Return relative to maximum drawdown	3.33	112.00	-108.67
Martin ratio: Return relative to average drawdown	8.80	470.40	-461.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TECK-B.TO vs. CASH.TO - Sharpe Ratio Comparison

The current TECK-B.TO Sharpe Ratio is 1.93, which is lower than the CASH.TO Sharpe Ratio of 10.38. The chart below compares the historical Sharpe Ratios of TECK-B.TO and CASH.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

	TECK-B.TO	CASH.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.93	10.38	-8.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.02	5.52	-5.54

Drawdowns

TECK-B.TO vs. CASH.TO - Drawdown Comparison

The maximum TECK-B.TO drawdown since its inception was -98.12%, which is greater than CASH.TO's maximum drawdown of -0.80%. Use the drawdown chart below to compare losses from any high point for TECK-B.TO and CASH.TO.

Drawdown Indicators

	TECK-B.TO	CASH.TO	Difference
Max Drawdown Largest peak-to-trough decline	-98.12%	-0.80%	-97.32%
Max Drawdown (1Y) Largest decline over 1 year	-25.67%	-0.02%	-25.65%
Max Drawdown (3Y) Largest decline over 3 years	-42.51%	-0.06%	-42.45%
Max Drawdown (5Y) Largest decline over 5 years	-42.51%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-76.97%	—	—
Current Drawdown Current decline from peak	-31.30%	0.00%	-31.30%
Average Drawdown Average peak-to-trough decline	-75.52%	-0.00%	-75.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.70%	0.00%	+9.70%

Volatility

TECK-B.TO vs. CASH.TO - Volatility Comparison

Teck Resources Limited (TECK-B.TO) has a higher volatility of 15.25% compared to Global X High Interest Savings ETF (CASH.TO) at 0.06%. This indicates that TECK-B.TO's price experiences larger fluctuations and is considered to be riskier than CASH.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TECK-B.TO	CASH.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.25%	0.06%	+15.19%
Volatility (6M) Calculated over the trailing 6-month period	33.17%	0.13%	+33.04%
Volatility (1Y) Calculated over the trailing 1-year period	44.41%	0.22%	+44.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.90%	0.61%	+42.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.06%	0.61%	+46.45%

Dividends

TECK-B.TO vs. CASH.TO - Dividend Comparison

TECK-B.TO's dividend yield for the trailing twelve months is around 0.53%, less than CASH.TO's 2.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CASH.TO Global X High Interest Savings ETF	2.19%	2.53%	4.37%	5.06%	2.30%	0.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TECK-B.TO Teck Resources Limited	0.53%	0.76%	1.72%	1.79%	1.95%	0.55%	0.87%	0.89%	0.98%	1.83%	0.37%	3.75%

Frequently Asked Questions

Can I hold both TECK-B.TO and CASH.TO in my portfolio?

TECK-B.TO and CASH.TO have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.