BR vs. CNQ.TO
BR (Broadridge Financial Solutions, Inc.) and CNQ.TO (Canadian Natural Resources Limited) are both stocks. BR operates in Information Technology Services (Technology), while CNQ.TO operates in Oil & Gas E&P (Energy). Over the past 10 years, BR returned 10.42%/yr vs 22.36%/yr for CNQ.TO. At a 0.23 correlation, their price movements are largely independent.
Performance
BR vs. CNQ.TO - Performance Comparison
Loading charts...
Different Trading Currencies
BR is traded in USD, while CNQ.TO is traded in CAD. To make them comparable, the CNQ.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, BR achieves a -34.29% return, which is significantly lower than CNQ.TO's 34.74% return. Over the past 10 years, BR has underperformed CNQ.TO with an annualized return of 10.42%, while CNQ.TO has yielded a comparatively higher 22.36% annualized return.
BR
- 1D
- 0.68%
- 1M
- 1.34%
- YTD
- -34.29%
- 6M
- -36.25%
- 1Y
- -38.35%
- 3Y*
- -0.94%
- 5Y*
- -0.50%
- 10Y*
- 10.42%
CNQ.TO
- 1D
- -0.48%
- 1M
- -4.02%
- YTD
- 34.74%
- 6M
- 38.66%
- 1Y
- 44.24%
- 3Y*
- 25.10%
- 5Y*
- 30.02%
- 10Y*
- 22.36%
BR vs. CNQ.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BR Broadridge Financial Solutions, Inc. | -34.29% | 0.27% | 11.65% | 56.23% | -25.26% | 21.12% | 26.28% | 30.59% | 7.86% | 39.10% |
CNQ.TO Canadian Natural Resources Limited | 34.74% | 15.70% | -0.18% | 30.08% | 53.38% | 91.35% | -10.82% | 44.81% | -27.46% | 18.95% |
Correlation
The correlation between BR and CNQ.TO is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Apr 2, 2007 | 0.23 |
The correlation between BR and CNQ.TO shifts across timeframes, from -0.12 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.
Fundamentals
BR:
$16.95B
CNQ.TO:
CA$132.89B
BR:
$9.35
CNQ.TO:
CA$4.65
BR:
15.50
CNQ.TO:
13.64
BR:
1.37
CNQ.TO:
0.66
BR:
2.33
CNQ.TO:
3.34
BR:
6.01
CNQ.TO:
2.98
BR:
$7.32B
CNQ.TO:
CA$39.61B
BR:
$2.29B
CNQ.TO:
CA$12.42B
BR:
$1.98B
CNQ.TO:
CA$17.78B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BR vs. CNQ.TO — Risk / Return Rank
BR
CNQ.TO
BR vs. CNQ.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Broadridge Financial Solutions, Inc. (BR) and Canadian Natural Resources Limited (CNQ.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.
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.
| BR | CNQ.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.01 | ||
| Sortino ratioReturn per unit of downside risk | -4.22 | ||
| Omega ratioGain probability vs. loss probability | 0.73 | 1.26 | -0.53 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | 3.08 | -3.92 |
| Martin ratioReturn relative to average drawdown | -1.55 | 6.83 | -8.38 |
Loading charts...
Drawdowns
BR vs. CNQ.TO - Drawdown Comparison
The maximum BR drawdown since its inception was -59.02%, smaller than the maximum CNQ.TO drawdown of -76.64%. Use the drawdown chart below to compare losses from any high point for BR and CNQ.TO.
Loading charts...
Drawdown Indicators
| BR | CNQ.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.02% | -76.64% | +17.62% |
Max Drawdown (1Y)Largest decline over 1 year | -45.55% | -14.43% | -31.12% |
Max Drawdown (3Y)Largest decline over 3 years | -45.55% | -36.25% | -9.30% |
Max Drawdown (5Y)Largest decline over 5 years | -45.55% | -36.25% | -9.30% |
Max Drawdown (10Y)Largest decline over 10 years | -45.55% | -76.64% | +31.09% |
Current DrawdownCurrent decline from peak | -44.60% | -9.64% | -34.96% |
Average DrawdownAverage peak-to-trough decline | -9.04% | -21.20% | +12.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.78% | 6.49% | +18.29% |
Volatility
BR vs. CNQ.TO - Volatility Comparison
Broadridge Financial Solutions, Inc. (BR) and Canadian Natural Resources Limited (CNQ.TO) have volatilities of 8.82% and 8.84%, 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.
Loading charts...
Volatility by Period
| BR | CNQ.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.82% | 8.84% | -0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 21.61% | 24.25% | -2.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.53% | 29.57% | -4.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.44% | 31.39% | -7.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.90% | 38.81% | -14.91% |
Dividends
BR vs. CNQ.TO - Dividend Comparison
BR's dividend yield for the trailing twelve months is around 2.69%, less than CNQ.TO's 3.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BR Broadridge Financial Solutions, Inc. | 2.69% | 1.66% | 1.49% | 1.48% | 2.04% | 1.33% | 1.46% | 1.66% | 1.77% | 1.53% | 1.90% | 2.12% |
CNQ.TO Canadian Natural Resources Limited | 3.77% | 5.05% | 6.00% | 8.53% | 12.23% | 7.63% | 11.35% | 7.29% | 8.31% | 5.00% | 4.49% | 6.22% |
Financials
BR vs. CNQ.TO - Financials Comparison
This section allows you to compare key financial metrics between Broadridge Financial Solutions, Inc. and Canadian Natural Resources Limited. 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
BR vs. CNQ.TO - Profitability Comparison
BR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Broadridge Financial Solutions, Inc. reported a gross profit of 626.90M and revenue of 1.95B. Therefore, the gross margin over that period was 32.1%.
CNQ.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Canadian Natural Resources Limited reported a gross profit of 3.47B and revenue of 10.81B. Therefore, the gross margin over that period was 32.1%.
BR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Broadridge Financial Solutions, Inc. reported an operating income of 359.50M and revenue of 1.95B, resulting in an operating margin of 18.4%.
CNQ.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Canadian Natural Resources Limited reported an operating income of 2.67B and revenue of 10.81B, resulting in an operating margin of 24.7%.
BR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Broadridge Financial Solutions, Inc. reported a net income of 276.30M and revenue of 1.95B, resulting in a net margin of 14.1%.
CNQ.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Canadian Natural Resources Limited reported a net income of 1.35B and revenue of 10.81B, resulting in a net margin of 12.5%.
Frequently Asked Questions
BR and CNQ.TO have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for BR and CNQ.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer