^GSPTSE vs. PKI.TO
Compare and contrast key facts about S&P TSX Composite Index (Canada) (^GSPTSE) and Parkland Corporation (PKI.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^GSPTSE or PKI.TO.
Correlation
The correlation between ^GSPTSE and PKI.TO is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
^GSPTSE vs. PKI.TO - Performance Comparison
Key characteristics
^GSPTSE:
1.91
PKI.TO:
-0.94
^GSPTSE:
2.60
PKI.TO:
-1.25
^GSPTSE:
1.35
PKI.TO:
0.85
^GSPTSE:
2.85
PKI.TO:
-0.71
^GSPTSE:
12.69
PKI.TO:
-1.21
^GSPTSE:
1.53%
PKI.TO:
18.67%
^GSPTSE:
10.19%
PKI.TO:
23.95%
^GSPTSE:
-49.99%
PKI.TO:
-71.43%
^GSPTSE:
-4.25%
PKI.TO:
-30.35%
Returns By Period
In the year-to-date period, ^GSPTSE achieves a 17.37% return, which is significantly higher than PKI.TO's -22.00% return. Over the past 10 years, ^GSPTSE has underperformed PKI.TO with an annualized return of 5.39%, while PKI.TO has yielded a comparatively higher 8.10% annualized return.
^GSPTSE
17.37%
-1.75%
14.12%
18.46%
7.55%
5.39%
PKI.TO
-22.00%
-4.51%
-12.52%
-22.60%
-4.31%
8.10%
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Risk-Adjusted Performance
^GSPTSE vs. PKI.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P TSX Composite Index (Canada) (^GSPTSE) and Parkland Corporation (PKI.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.
Drawdowns
^GSPTSE vs. PKI.TO - Drawdown Comparison
The maximum ^GSPTSE drawdown since its inception was -49.99%, smaller than the maximum PKI.TO drawdown of -71.43%. Use the drawdown chart below to compare losses from any high point for ^GSPTSE and PKI.TO. For additional features, visit the drawdowns tool.
Volatility
^GSPTSE vs. PKI.TO - Volatility Comparison
The current volatility for S&P TSX Composite Index (Canada) (^GSPTSE) is 4.08%, while Parkland Corporation (PKI.TO) has a volatility of 8.17%. This indicates that ^GSPTSE experiences smaller price fluctuations and is considered to be less risky than PKI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.