Capital one investing recent filings indicate a modest

Recent filings indicate a modest increase in assets under management linked to Capital One Investing accounts, up 1.7% month‑on‑month. This aligns with broader market gains in diversified ETFs and dividend‑focused equities. It is important to consider the total shareholder return, as well as the share price return, for any given stock. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. We note that for Dollarama the TSR over the last 5 years was 260%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return. When Natarajan joined Capital One in March 2023, ChatGPT was barely four months old. Despite having been used for about 15 years at that point, generative AI didn’t take off in terms of C-suite and board mindshare until OpenAI introduced ChatGPT. Capital One Investing may benefit from the improving credit outlook in Q2, as delinquency rates in consumer lending have slightly eased. Historical correlation suggests this could boost investor confidence in integrated investment service providers.