AXS vs. IGM.TO
AXS (AXIS Capital Holdings Limited) and IGM.TO (IGM Financial Inc.) are both stocks. Both are in the Financial Services sector — AXS in Insurance - Property & Casualty, IGM.TO in Asset Management. Over the past 10 years, AXS returned 8.85%/yr vs 13.81%/yr for IGM.TO. At a 0.29 correlation, their price movements are largely independent.
Performance
AXS vs. IGM.TO - Performance Comparison
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Different Trading Currencies
AXS is traded in USD, while IGM.TO is traded in CAD. To make them comparable, the IGM.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, AXS achieves a -8.44% return, which is significantly lower than IGM.TO's 30.45% return. Over the past 10 years, AXS has underperformed IGM.TO with an annualized return of 8.85%, while IGM.TO has yielded a comparatively higher 13.81% annualized return.
AXS
- 1D
- 1.47%
- 1M
- -1.78%
- YTD
- -8.44%
- 6M
- -0.65%
- 1Y
- -4.53%
- 3Y*
- 24.78%
- 5Y*
- 16.62%
- 10Y*
- 8.85%
IGM.TO
- 1D
- 1.07%
- 1M
- 3.25%
- YTD
- 30.45%
- 6M
- 39.45%
- 1Y
- 89.38%
- 3Y*
- 31.82%
- 5Y*
- 15.85%
- 10Y*
- 13.81%
AXS vs. IGM.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AXS AXIS Capital Holdings Limited | -8.44% | 22.96% | 63.90% | 5.57% | 2.63% | 11.81% | -11.92% | 18.26% | 5.75% | -20.96% |
IGM.TO IGM Financial Inc. | 30.45% | 47.72% | 28.02% | 0.72% | -17.24% | 39.23% | 2.41% | 33.22% | -30.91% | 30.91% |
Correlation
The correlation between AXS and IGM.TO is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2006 | 0.29 |
Fundamentals
AXS:
$7.34B
IGM.TO:
CA$19.18B
AXS:
$13.77
IGM.TO:
CA$4.86
AXS:
7.09
IGM.TO:
16.73
AXS:
0.13
IGM.TO:
3.13
AXS:
1.15
IGM.TO:
5.01
AXS:
1.15
IGM.TO:
2.14
AXS:
$6.61B
IGM.TO:
CA$3.84B
AXS:
$3.55B
IGM.TO:
CA$1.57B
AXS:
$2.61B
IGM.TO:
CA$1.66B
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Return for Risk
AXS vs. IGM.TO — Risk / Return Rank
AXS
IGM.TO
AXS vs. IGM.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AXIS Capital Holdings Limited (AXS) and IGM Financial Inc. (IGM.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.
| AXS | IGM.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.12 | ||
| Sortino ratioReturn per unit of downside risk | -5.09 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.68 | -0.70 |
| Calmar ratioReturn relative to maximum drawdown | -0.31 | 8.07 | -8.38 |
| Martin ratioReturn relative to average drawdown | -0.68 | 35.34 | -36.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AXS | IGM.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.20 | 3.92 | -4.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.72 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.33 | 0.59 | -0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.29 | +0.04 |
Drawdowns
AXS vs. IGM.TO - Drawdown Comparison
The maximum AXS drawdown since its inception was -55.93%, smaller than the maximum IGM.TO drawdown of -64.73%. Use the drawdown chart below to compare losses from any high point for AXS and IGM.TO.
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Drawdown Indicators
| AXS | IGM.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.93% | -64.73% | +8.80% |
Max Drawdown (1Y)Largest decline over 1 year | -14.60% | -11.14% | -3.46% |
Max Drawdown (3Y)Largest decline over 3 years | -16.73% | -29.04% | +12.31% |
Max Drawdown (5Y)Largest decline over 5 years | -18.99% | -39.23% | +20.24% |
Max Drawdown (10Y)Largest decline over 10 years | -49.31% | -53.98% | +4.67% |
Current DrawdownCurrent decline from peak | -9.83% | -0.01% | -9.82% |
Average DrawdownAverage peak-to-trough decline | -12.15% | -20.46% | +8.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.69% | 2.55% | +4.14% |
Volatility
AXS vs. IGM.TO - Volatility Comparison
AXIS Capital Holdings Limited (AXS) has a higher volatility of 7.25% compared to IGM Financial Inc. (IGM.TO) at 5.56%. This indicates that AXS's price experiences larger fluctuations and is considered to be riskier than IGM.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AXS | IGM.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.25% | 5.56% | +1.69% |
Volatility (6M)Calculated over the trailing 6-month period | 15.59% | 19.03% | -3.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.73% | 22.91% | -0.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.00% | 22.14% | +2.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.58% | 23.71% | +2.87% |
Dividends
AXS vs. IGM.TO - Dividend Comparison
AXS's dividend yield for the trailing twelve months is around 1.80%, less than IGM.TO's 2.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AXS AXIS Capital Holdings Limited | 1.80% | 1.64% | 1.99% | 3.18% | 3.19% | 3.10% | 3.27% | 2.71% | 3.04% | 3.04% | 2.19% | 2.17% |
IGM.TO IGM Financial Inc. | 2.84% | 3.64% | 4.90% | 6.43% | 5.96% | 4.93% | 6.52% | 6.04% | 7.25% | 5.14% | 5.91% | 8.07% |
Financials
AXS vs. IGM.TO - Financials Comparison
This section allows you to compare key financial metrics between AXIS Capital Holdings Limited and IGM Financial 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
AXS vs. IGM.TO - Profitability Comparison
AXS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AXIS Capital Holdings Limited reported a gross profit of 1.64B and revenue of 1.64B. Therefore, the gross margin over that period was 99.9%.
IGM.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, IGM Financial Inc. reported a gross profit of 509.55M and revenue of 925.05M. Therefore, the gross margin over that period was 55.1%.
AXS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AXIS Capital Holdings Limited reported an operating income of 1.48B and revenue of 1.64B, resulting in an operating margin of 90.2%.
IGM.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, IGM Financial Inc. reported an operating income of 330.21M and revenue of 925.05M, resulting in an operating margin of 35.7%.
AXS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AXIS Capital Holdings Limited reported a net income of 254.77M and revenue of 1.64B, resulting in a net margin of 15.5%.
IGM.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, IGM Financial Inc. reported a net income of 283.82M and revenue of 925.05M, resulting in a net margin of 30.7%.
Frequently Asked Questions
AXS and IGM.TO have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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