USA.TO vs. ^TNX
USA.TO (Americas Gold and Silver Corporation) is a stock, while ^TNX (Treasury Yield 10 Years) is an index. Over the past 10 years, USA.TO returned -2.15%/yr vs 10.97%/yr for ^TNX. At a correlation of -0.09, they often move in opposite directions.
Performance
USA.TO vs. ^TNX - Performance Comparison
Loading charts...
Different Trading Currencies
USA.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, USA.TO achieves a 16.62% return, which is significantly higher than ^TNX's 9.25% return. Over the past 10 years, USA.TO has underperformed ^TNX with an annualized return of -2.15%, while ^TNX has yielded a comparatively higher 10.97% annualized return.
USA.TO
- 1D
- -7.34%
- 1M
- 2.88%
- YTD
- 16.62%
- 6M
- 30.32%
- 1Y
- 212.76%
- 3Y*
- 79.27%
- 5Y*
- 9.56%
- 10Y*
- -2.15%
^TNX
- 1D
- 1.22%
- 1M
- 3.03%
- YTD
- 9.25%
- 6M
- 10.27%
- 1Y
- 1.99%
- 3Y*
- 8.00%
- 5Y*
- 27.08%
- 10Y*
- 10.97%
USA.TO vs. ^TNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
USA.TO Americas Gold and Silver Corporation | 16.62% | 402.86% | 69.70% | -57.14% | -24.51% | -75.00% | 0.25% | 82.51% | -51.31% | 30.86% |
^TNX Treasury Yield 10 Years | 9.25% | -13.14% | 28.45% | -2.53% | 174.83% | 63.40% | -53.02% | -32.07% | 21.16% | -7.94% |
Correlation
The correlation between USA.TO and ^TNX is -0.18, 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 | -0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.14 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2009 | -0.09 |
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
USA.TO vs. ^TNX — Risk / Return Rank
USA.TO
^TNX
USA.TO vs. ^TNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Americas Gold and Silver Corporation (USA.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.
| USA.TO | ^TNX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.26 | 0.12 | +1.15 |
Sortino ratioReturn per unit of downside risk | 2.86 | 0.29 | +2.57 |
Omega ratioGain probability vs. loss probability | 1.48 | 1.03 | +0.45 |
Calmar ratioReturn relative to maximum drawdown | 3.57 | 0.16 | +3.41 |
Martin ratioReturn relative to average drawdown | 7.29 | 0.32 | +6.97 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| USA.TO | ^TNX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 0.12 | +1.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.82 | -0.72 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.03 | 0.23 | -0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.06 | 0.05 | -0.11 |
Drawdowns
USA.TO vs. ^TNX - Drawdown Comparison
The maximum USA.TO drawdown since its inception was -99.42%, which is greater than ^TNX's maximum drawdown of -83.97%. Use the drawdown chart below to compare losses from any high point for USA.TO and ^TNX.
Loading charts...
Drawdown Indicators
| USA.TO | ^TNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.42% | -83.97% | -15.45% |
Max Drawdown (1Y)Largest decline over 1 year | -60.06% | -12.47% | -47.59% |
Max Drawdown (3Y)Largest decline over 3 years | -60.06% | -28.10% | -31.96% |
Max Drawdown (5Y)Largest decline over 5 years | -86.67% | -28.10% | -58.57% |
Max Drawdown (10Y)Largest decline over 10 years | -95.33% | -83.93% | -11.40% |
Current DrawdownCurrent decline from peak | -93.16% | -9.63% | -83.53% |
Average DrawdownAverage peak-to-trough decline | -82.01% | -32.52% | -49.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.32% | 6.24% | +23.08% |
Volatility
USA.TO vs. ^TNX - Volatility Comparison
Americas Gold and Silver Corporation (USA.TO) has a higher volatility of 28.95% compared to Treasury Yield 10 Years (^TNX) at 5.28%. This indicates that USA.TO's price experiences larger fluctuations and is considered to be riskier than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| USA.TO | ^TNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.95% | 5.28% | +23.67% |
Volatility (6M)Calculated over the trailing 6-month period | 66.34% | 11.60% | +54.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 170.37% | 17.01% | +153.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 97.69% | 33.42% | +64.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 82.49% | 48.26% | +34.23% |
Frequently Asked Questions
USA.TO and ^TNX have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for USA.TO and ^TNX
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