ATH.TO vs. BX
ATH.TO (Athabasca Oil Corporation) and BX (Blackstone Inc.) are both stocks. ATH.TO operates in Oil & Gas E&P (Energy), while BX operates in Asset Management (Financial Services). Over the past 10 years, ATH.TO returned 21.70%/yr vs 23.16%/yr for BX. At a 0.19 correlation, their price movements are largely independent.
Performance
ATH.TO vs. BX - Performance Comparison
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Different Trading Currencies
ATH.TO is traded in CAD, while BX is traded in USD. To make them comparable, the BX values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, ATH.TO achieves a 44.95% return, which is significantly higher than BX's -21.15% return. Over the past 10 years, ATH.TO has underperformed BX with an annualized return of 21.70%, while BX has yielded a comparatively higher 23.16% annualized return.
ATH.TO
- 1D
- 0.10%
- 1M
- -6.60%
- YTD
- 44.95%
- 6M
- 45.36%
- 1Y
- 81.64%
- 3Y*
- 52.56%
- 5Y*
- 59.73%
- 10Y*
- 21.70%
BX
- 1D
- -0.53%
- 1M
- 1.11%
- YTD
- -21.15%
- 6M
- -21.51%
- 1Y
- -18.06%
- 3Y*
- 13.24%
- 5Y*
- 9.93%
- 10Y*
- 23.16%
ATH.TO vs. BX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ATH.TO Athabasca Oil Corporation | 44.95% | 31.89% | 27.82% | 73.03% | 102.52% | 600.00% | -71.19% | -40.40% | -7.48% | -47.80% |
BX Blackstone Inc. | -21.15% | -12.05% | 46.51% | 78.40% | -36.20% | 107.00% | 16.93% | 88.23% | 8.52% | 18.72% |
Correlation
The correlation between ATH.TO and BX is 0.01, 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 | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Apr 20, 2010 | 0.19 |
The correlation between ATH.TO and BX shifts across timeframes, from 0.01 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.
Fundamentals
ATH.TO:
CA$4.95B
BX:
$90.02B
ATH.TO:
CA$0.45
BX:
$3.90
ATH.TO:
22.82
BX:
29.43
ATH.TO:
0.87
BX:
10.82
ATH.TO:
3.71
BX:
6.00
ATH.TO:
2.68
BX:
10.75
ATH.TO:
CA$1.35B
BX:
$14.99B
ATH.TO:
CA$518.18M
BX:
$13.12B
ATH.TO:
CA$505.02M
BX:
$7.37B
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Return for Risk
ATH.TO vs. BX — Risk / Return Rank
ATH.TO
BX
ATH.TO vs. BX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Athabasca Oil Corporation (ATH.TO) and Blackstone Inc. (BX). 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.
| ATH.TO | BX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.70 | ||
| Sortino ratioReturn per unit of downside risk | +3.12 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 0.94 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 4.00 | -0.40 | +4.40 |
| Martin ratioReturn relative to average drawdown | 12.30 | -0.72 | +13.03 |
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Drawdowns
ATH.TO vs. BX - Drawdown Comparison
The maximum ATH.TO drawdown since its inception was -99.41%, which is greater than BX's maximum drawdown of -86.02%. Use the drawdown chart below to compare losses from any high point for ATH.TO and BX.
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Drawdown Indicators
| ATH.TO | BX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.41% | -86.02% | -13.39% |
Max Drawdown (1Y)Largest decline over 1 year | -20.50% | -45.44% | +24.94% |
Max Drawdown (3Y)Largest decline over 3 years | -25.62% | -47.94% | +22.32% |
Max Drawdown (5Y)Largest decline over 5 years | -43.37% | -47.94% | +4.57% |
Max Drawdown (10Y)Largest decline over 10 years | -94.63% | -47.94% | -46.69% |
Current DrawdownCurrent decline from peak | -45.24% | -38.34% | -6.90% |
Average DrawdownAverage peak-to-trough decline | -73.56% | -25.88% | -47.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.66% | 24.95% | -18.29% |
Volatility
ATH.TO vs. BX - Volatility Comparison
The current volatility for Athabasca Oil Corporation (ATH.TO) is 12.89%, while Blackstone Inc. (BX) has a volatility of 13.68%. This indicates that ATH.TO experiences smaller price fluctuations and is considered to be less risky than BX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ATH.TO | BX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.89% | 13.68% | -0.79% |
Volatility (6M)Calculated over the trailing 6-month period | 32.02% | 29.15% | +2.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.70% | 35.25% | +2.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.58% | 39.84% | +9.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.54% | 36.25% | +25.29% |
Dividends
ATH.TO vs. BX - Dividend Comparison
ATH.TO has not paid dividends to shareholders, while BX's dividend yield for the trailing twelve months is around 4.33%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ATH.TO Athabasca Oil Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BX Blackstone Inc. | 4.33% | 3.04% | 2.00% | 2.54% | 6.66% | 2.76% | 2.95% | 3.43% | 8.12% | 7.25% | 6.14% | 11.76% |
Financials
ATH.TO vs. BX - Financials Comparison
This section allows you to compare key financial metrics between Athabasca Oil Corporation and Blackstone Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ATH.TO vs. BX - Profitability Comparison
ATH.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Athabasca Oil Corporation reported a gross profit of 134.91M and revenue of 377.38M. Therefore, the gross margin over that period was 35.8%.
BX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Blackstone Inc. reported a gross profit of 4.04B and revenue of 4.10B. Therefore, the gross margin over that period was 98.5%.
ATH.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Athabasca Oil Corporation reported an operating income of 90.74M and revenue of 377.38M, resulting in an operating margin of 24.0%.
BX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Blackstone Inc. reported an operating income of 1.59B and revenue of 4.10B, resulting in an operating margin of 38.8%.
ATH.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Athabasca Oil Corporation reported a net income of 46.29M and revenue of 377.38M, resulting in a net margin of 12.3%.
BX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Blackstone Inc. reported a net income of 649.73M and revenue of 4.10B, resulting in a net margin of 15.8%.
Frequently Asked Questions
ATH.TO and BX have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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