BDGI.TO vs. LHX
BDGI.TO (Badger Infrastructure Solutions Ltd.) and LHX (L3Harris Technologies, Inc.) are both stocks. Both are in the Industrials sector — BDGI.TO in Engineering & Construction, LHX in Aerospace & Defense. Over the past 10 years, BDGI.TO returned 17.54%/yr vs 17.46%/yr for LHX. At a 0.16 correlation, their price movements are largely independent.
Performance
BDGI.TO vs. LHX - Performance Comparison
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Different Trading Currencies
BDGI.TO is traded in CAD, while LHX is traded in USD. To make them comparable, the LHX 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 24.90% return, which is significantly higher than LHX's 7.89% return. Both investments have delivered pretty close results over the past 10 years, with BDGI.TO having a 17.54% annualized return and LHX not far behind at 17.46%.
BDGI.TO
- 1D
- -1.00%
- 1M
- 12.52%
- YTD
- 24.90%
- 6M
- 17.10%
- 1Y
- 101.85%
- 3Y*
- 53.56%
- 5Y*
- 20.62%
- 10Y*
- 17.54%
LHX
- 1D
- -1.12%
- 1M
- 3.49%
- YTD
- 7.89%
- 6M
- 9.73%
- 1Y
- 27.85%
- 3Y*
- 21.81%
- 5Y*
- 11.98%
- 10Y*
- 17.46%
BDGI.TO vs. LHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BDGI.TO Badger Infrastructure Solutions Ltd. | 24.90% | 106.79% | -10.29% | 56.01% | -14.16% | -14.97% | 10.27% | 10.51% | 20.89% | -14.08% |
LHX L3Harris Technologies, Inc. | 7.89% | 35.79% | 10.51% | 1.20% | 5.82% | 14.93% | -5.06% | 43.06% | 4.75% | 31.27% |
Correlation
The correlation between BDGI.TO and LHX is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.16 |
Fundamentals
BDGI.TO:
$2.01
LHX:
$12.29
BDGI.TO:
32.35
LHX:
25.05
BDGI.TO:
0.90
LHX:
12.84
BDGI.TO:
2.30
LHX:
1.93
BDGI.TO:
$955.05M
LHX:
$22.48B
BDGI.TO:
$221.07M
LHX:
$5.50B
BDGI.TO:
$178.82M
LHX:
$3.32B
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Return for Risk
BDGI.TO vs. LHX — Risk / Return Rank
BDGI.TO
LHX
BDGI.TO vs. LHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Badger Infrastructure Solutions Ltd. (BDGI.TO) and L3Harris Technologies, Inc. (LHX). 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 | LHX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.76 | ||
| Sortino ratioReturn per unit of downside risk | +2.15 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.20 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 3.92 | 1.36 | +2.56 |
| Martin ratioReturn relative to average drawdown | 10.06 | 3.63 | +6.43 |
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Drawdowns
BDGI.TO vs. LHX - Drawdown Comparison
The maximum BDGI.TO drawdown since its inception was -61.09%, which is greater than LHX's maximum drawdown of -48.32%. Use the drawdown chart below to compare losses from any high point for BDGI.TO and LHX.
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Drawdown Indicators
| BDGI.TO | LHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.09% | -48.32% | -12.77% |
Max Drawdown (1Y)Largest decline over 1 year | -26.11% | -20.60% | -5.51% |
Max Drawdown (3Y)Largest decline over 3 years | -30.75% | -24.49% | -6.26% |
Max Drawdown (5Y)Largest decline over 5 years | -35.34% | -33.76% | -1.58% |
Max Drawdown (10Y)Largest decline over 10 years | -61.09% | -33.76% | -27.33% |
Current DrawdownCurrent decline from peak | -2.82% | -16.15% | +13.33% |
Average DrawdownAverage peak-to-trough decline | -19.47% | -12.19% | -7.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.16% | 7.70% | +2.46% |
Volatility
BDGI.TO vs. LHX - Volatility Comparison
Badger Infrastructure Solutions Ltd. (BDGI.TO) has a higher volatility of 9.01% compared to L3Harris Technologies, Inc. (LHX) at 7.50%. This indicates that BDGI.TO's price experiences larger fluctuations and is considered to be riskier than LHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BDGI.TO | LHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.01% | 7.50% | +1.51% |
Volatility (6M)Calculated over the trailing 6-month period | 30.47% | 20.59% | +9.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.69% | 25.25% | +10.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.50% | 24.60% | +8.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.88% | 26.19% | +8.69% |
Dividends
BDGI.TO vs. LHX - Dividend Comparison
BDGI.TO's dividend yield for the trailing twelve months is around 0.83%, less than LHX's 1.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDGI.TO Badger Infrastructure Solutions Ltd. | 0.83% | 1.03% | 2.01% | 1.69% | 2.48% | 1.97% | 1.57% | 1.62% | 1.61% | 1.55% | 1.20% | 1.47% |
LHX L3Harris Technologies, Inc. | 1.59% | 1.64% | 2.21% | 2.17% | 2.15% | 1.91% | 1.80% | 1.45% | 1.86% | 1.55% | 2.01% | 2.23% |
Financials
BDGI.TO vs. LHX - Financials Comparison
This section allows you to compare key financial metrics between Badger Infrastructure Solutions Ltd. and L3Harris Technologies, 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. LHX - Profitability Comparison
BDGI.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
LHX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, L3Harris Technologies, Inc. reported a gross profit of 1.40B and revenue of 5.74B. Therefore, the gross margin over that period was 24.4%.
BDGI.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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%.
LHX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, L3Harris Technologies, Inc. reported an operating income of 652.00M and revenue of 5.74B, resulting in an operating margin of 11.4%.
BDGI.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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%.
LHX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, L3Harris Technologies, Inc. reported a net income of 512.00M and revenue of 5.74B, resulting in a net margin of 8.9%.
Frequently Asked Questions
BDGI.TO and LHX have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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