^GSPTXDV vs. ^TNX
Compare and contrast key facts about S&P/TSX Dividend Aristocrats (^GSPTXDV) and Treasury Yield 10 Years (^TNX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^GSPTXDV or ^TNX.
Correlation
The correlation between ^GSPTXDV and ^TNX is 0.21, 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
^GSPTXDV vs. ^TNX - Performance Comparison
Key characteristics
^GSPTXDV:
1.34
^TNX:
0.16
^GSPTXDV:
1.93
^TNX:
0.39
^GSPTXDV:
1.23
^TNX:
1.04
^GSPTXDV:
1.22
^TNX:
0.06
^GSPTXDV:
4.53
^TNX:
0.32
^GSPTXDV:
2.55%
^TNX:
10.45%
^GSPTXDV:
8.61%
^TNX:
21.12%
^GSPTXDV:
-46.09%
^TNX:
-93.78%
^GSPTXDV:
-5.91%
^TNX:
-44.91%
Returns By Period
In the year-to-date period, ^GSPTXDV achieves a -1.47% return, which is significantly higher than ^TNX's -3.35% return. Over the past 10 years, ^GSPTXDV has underperformed ^TNX with an annualized return of 2.74%, while ^TNX has yielded a comparatively higher 8.35% annualized return.
^GSPTXDV
-1.47%
-1.35%
4.31%
12.09%
3.42%
2.74%
^TNX
-3.35%
-3.89%
16.10%
2.15%
24.68%
8.35%
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Risk-Adjusted Performance
^GSPTXDV vs. ^TNX — Risk-Adjusted Performance Rank
^GSPTXDV
^TNX
^GSPTXDV vs. ^TNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P/TSX Dividend Aristocrats (^GSPTXDV) 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.
Drawdowns
^GSPTXDV vs. ^TNX - Drawdown Comparison
The maximum ^GSPTXDV drawdown since its inception was -46.09%, smaller than the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for ^GSPTXDV and ^TNX. For additional features, visit the drawdowns tool.
Volatility
^GSPTXDV vs. ^TNX - Volatility Comparison
The current volatility for S&P/TSX Dividend Aristocrats (^GSPTXDV) is 2.91%, while Treasury Yield 10 Years (^TNX) has a volatility of 5.89%. This indicates that ^GSPTXDV experiences smaller price fluctuations and is considered to be less risky than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.