BDGI.TO vs. IDXX
BDGI.TO (Badger Infrastructure Solutions Ltd.) and IDXX (IDEXX Laboratories, Inc.) are both stocks. BDGI.TO operates in Engineering & Construction (Industrials), while IDXX operates in Diagnostics & Research (Healthcare). Over the past 10 years, BDGI.TO returned 18.87%/yr vs 20.00%/yr for IDXX. At a 0.15 correlation, their price movements are largely independent.
Performance
BDGI.TO vs. IDXX - Performance Comparison
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Different Trading Currencies
BDGI.TO is traded in CAD, while IDXX is traded in USD. To make them comparable, the IDXX values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, BDGI.TO achieves a 35.23% return, which is significantly higher than IDXX's -17.21% return. Over the past 10 years, BDGI.TO has underperformed IDXX with an annualized return of 18.87%, while IDXX has yielded a comparatively higher 20.00% annualized return.
BDGI.TO
- 1D
- 3.10%
- 1M
- 11.54%
- 6M
- 26.75%
- YTD
- 35.23%
- 1Y
- 84.93%
- 3Y*
- 49.13%
- 5Y*
- 25.77%
- 10Y*
- 18.87%
- ALL TIME*
- 24.90%
IDXX
- 1D
- 0.97%
- 1M
- -1.70%
- 6M
- -19.80%
- YTD
- -17.21%
- 1Y
- 2.54%
- 3Y*
- 1.51%
- 5Y*
- -2.52%
- 10Y*
- 20.00%
- ALL TIME*
- 18.69%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$12.61M | CA$11.37M | CA$12.71M | |
| CA$439.37M | CA$523.03M | CA$506.61M |
BDGI.TO vs. IDXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BDGI.TO Badger Infrastructure Solutions Ltd. | 35.23% | 106.79% | -10.29% | 56.01% | -14.16% | -14.97% | 10.27% | 10.51% | 20.89% | -14.08% |
IDXX IDEXX Laboratories, Inc. | -17.21% | 56.16% | -19.21% | 32.82% | -34.12% | 31.66% | 86.88% | 34.59% | 28.96% | 24.32% |
Correlation
The correlation between BDGI.TO and IDXX is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Aug 23, 2006 | 0.15 |
The correlation between BDGI.TO and IDXX shifts across timeframes, from 0.15 (all time) to 0.28 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
BDGI.TO:
CA$3.31B
IDXX:
$42.94B
BDGI.TO:
$2.01
IDXX:
$20.36
BDGI.TO:
34.68
IDXX:
26.73
BDGI.TO:
0.96
IDXX:
2.31
BDGI.TO:
2.47
IDXX:
6.58
BDGI.TO:
$955.05M
IDXX:
$4.45B
BDGI.TO:
$221.07M
IDXX:
$2.76B
BDGI.TO:
$178.82M
IDXX:
$1.52B
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Return for Risk
BDGI.TO vs. IDXX — Risk / Return Rank
BDGI.TO
IDXX
BDGI.TO vs. IDXX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Badger Infrastructure Solutions Ltd. (BDGI.TO) and IDEXX Laboratories, Inc. (IDXX). 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.
| BDGI.TO | IDXX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.25 | ||
| Sortino ratioReturn per unit of downside risk | +2.77 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.06 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 3.27 | 0.08 | +3.19 |
| Martin ratioReturn relative to average drawdown | 8.35 | 0.13 | +8.22 |
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Drawdowns
BDGI.TO vs. IDXX - Drawdown Comparison
The maximum BDGI.TO drawdown since its inception was -61.09%, which is greater than IDXX's maximum drawdown of -52.40%. Use the drawdown chart below to compare losses from any high point for BDGI.TO and IDXX.
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Drawdown Indicators
| BDGI.TO | IDXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.09% | -52.40% | -8.69% |
Max Drawdown (1Y)Largest decline over 1 year | -26.11% | -33.06% | +6.95% |
Max Drawdown (3Y)Largest decline over 3 years | -30.75% | -34.35% | +3.60% |
Max Drawdown (5Y)Largest decline over 5 years | -32.53% | -52.40% | +19.87% |
Max Drawdown (10Y)Largest decline over 10 years | -61.09% | -52.40% | -8.69% |
Current DrawdownCurrent decline from peak | 0.00% | -29.09% | +29.09% |
Average DrawdownAverage peak-to-trough decline | -19.48% | -12.44% | -7.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.21% | 19.03% | -8.82% |
Volatility
BDGI.TO vs. IDXX - Volatility Comparison
Badger Infrastructure Solutions Ltd. (BDGI.TO) and IDEXX Laboratories, Inc. (IDXX) have volatilities of 9.69% and 9.51%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BDGI.TO | IDXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.69% | 9.51% | +0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 31.21% | 22.31% | +8.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.02% | 42.70% | -5.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.70% | 35.88% | -2.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.96% | 33.68% | +1.28% |
Dividends
BDGI.TO vs. IDXX - Dividend Comparison
BDGI.TO's dividend yield for the trailing twelve months is around 0.78%, while IDXX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDGI.TO Badger Infrastructure Solutions Ltd. | 0.78% | 1.03% | 2.01% | 1.69% | 2.48% | 1.97% | 1.57% | 1.62% | 1.61% | 1.55% | 1.20% | 1.47% |
IDXX IDEXX Laboratories, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
BDGI.TO vs. IDXX - Financials Comparison
This section allows you to compare key financial metrics between Badger Infrastructure Solutions Ltd. and IDEXX Laboratories, 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
BDGI.TO vs. IDXX - Profitability Comparison
BDGI.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Badger Infrastructure Solutions Ltd. reported a gross profit of 49.86M and revenue of 203.24M. Therefore, the gross margin over that period was 24.5%.
IDXX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, IDEXX Laboratories, Inc. reported a gross profit of 722.74M and revenue of 1.14B. Therefore, the gross margin over that period was 63.4%.
BDGI.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Badger Infrastructure Solutions Ltd. reported an operating income of 13.08M and revenue of 203.24M, resulting in an operating margin of 6.4%.
IDXX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, IDEXX Laboratories, Inc. reported an operating income of 362.59M and revenue of 1.14B, resulting in an operating margin of 31.8%.
BDGI.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Badger Infrastructure Solutions Ltd. reported a net income of 862.00K and revenue of 203.24M, resulting in a net margin of 0.4%.
IDXX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, IDEXX Laboratories, Inc. reported a net income of 278.45M and revenue of 1.14B, resulting in a net margin of 24.4%.
Frequently Asked Questions
BDGI.TO and IDXX have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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