TSU.TO vs. CGL.TO
TSU.TO (Trisura Group Ltd.) is a stock, while CGL.TO (iShares Gold Bullion ETF (CAD-Hedged)) is Gold fund tracking the Gold Bullion. Over the past 5 years, TSU.TO returned 1.34%/yr vs 15.73%/yr for CGL.TO. At a 0.02 correlation, their price movements are largely independent.
Performance
TSU.TO vs. CGL.TO - Performance Comparison
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Returns By Period
In the year-to-date period, TSU.TO achieves a -0.16% return, which is significantly higher than CGL.TO's -3.19% return.
TSU.TO
- 1D
- 0.24%
- 1M
- 3.95%
- YTD
- -0.16%
- 6M
- 6.79%
- 1Y
- 6.33%
- 3Y*
- 4.15%
- 5Y*
- 1.34%
- 10Y*
- —
CGL.TO
- 1D
- 0.25%
- 1M
- -9.62%
- YTD
- -3.19%
- 6M
- -3.25%
- 1Y
- 19.93%
- 3Y*
- 27.16%
- 5Y*
- 15.73%
- 10Y*
- 10.99%
TSU.TO vs. CGL.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TSU.TO Trisura Group Ltd. | -0.16% | 9.59% | 14.65% | -24.93% | -5.03% | 114.17% | 121.18% | 54.29% | 1.32% | -3.30% |
CGL.TO iShares Gold Bullion ETF (CAD-Hedged) | -3.19% | 60.08% | 25.70% | 11.26% | -1.07% | -4.58% | 23.41% | 16.58% | -3.19% | 2.27% |
Correlation
The correlation between TSU.TO and CGL.TO is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Oct 3, 2017 | 0.02 |
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Return for Risk
TSU.TO vs. CGL.TO — Risk / Return Rank
TSU.TO
CGL.TO
TSU.TO vs. CGL.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Trisura Group Ltd. (TSU.TO) and iShares Gold Bullion ETF (CAD-Hedged) (CGL.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.
| TSU.TO | CGL.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.58 | ||
| Sortino ratioReturn per unit of downside risk | -0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.16 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.31 | 0.87 | -0.56 |
| Martin ratioReturn relative to average drawdown | 0.53 | 2.49 | -1.96 |
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Drawdowns
TSU.TO vs. CGL.TO - Drawdown Comparison
The maximum TSU.TO drawdown since its inception was -40.06%, smaller than the maximum CGL.TO drawdown of -45.96%. Use the drawdown chart below to compare losses from any high point for TSU.TO and CGL.TO.
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Drawdown Indicators
| TSU.TO | CGL.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.06% | -45.96% | +5.90% |
Max Drawdown (1Y)Largest decline over 1 year | -18.33% | -24.93% | +6.60% |
Max Drawdown (3Y)Largest decline over 3 years | -31.85% | -24.93% | -6.92% |
Max Drawdown (5Y)Largest decline over 5 years | -40.06% | -24.93% | -15.13% |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.93% | — |
Current DrawdownCurrent decline from peak | -14.05% | -22.50% | +8.45% |
Average DrawdownAverage peak-to-trough decline | -14.34% | -20.30% | +5.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.44% | 8.66% | +1.78% |
Volatility
TSU.TO vs. CGL.TO - Volatility Comparison
The current volatility for Trisura Group Ltd. (TSU.TO) is 4.11%, while iShares Gold Bullion ETF (CAD-Hedged) (CGL.TO) has a volatility of 7.67%. This indicates that TSU.TO experiences smaller price fluctuations and is considered to be less risky than CGL.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSU.TO | CGL.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.11% | 7.67% | -3.56% |
Volatility (6M)Calculated over the trailing 6-month period | 21.80% | 24.08% | -2.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.85% | 27.61% | +0.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.08% | 18.54% | +14.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.66% | 16.53% | +17.13% |
Dividends
TSU.TO vs. CGL.TO - Dividend Comparison
Neither TSU.TO nor CGL.TO has paid dividends to shareholders.
Frequently Asked Questions
TSU.TO and CGL.TO have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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