CDUAF vs. DOV
CDUAF (Canadian Utilities Limited) and DOV (Dover Corporation) are both stocks. CDUAF operates in Utilities - Diversified (Utilities), while DOV operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, CDUAF returned 7.23%/yr vs 16.12%/yr for DOV. At a 0.15 correlation, their price movements are largely independent.
Performance
CDUAF vs. DOV - Performance Comparison
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Returns By Period
In the year-to-date period, CDUAF achieves a 18.48% return, which is significantly higher than DOV's 11.26% return. Over the past 10 years, CDUAF has underperformed DOV with an annualized return of 7.23%, while DOV has yielded a comparatively higher 16.12% annualized return.
CDUAF
- 1D
- -1.65%
- 1M
- 2.76%
- YTD
- 18.48%
- 6M
- 22.42%
- 1Y
- 36.69%
- 3Y*
- 16.26%
- 5Y*
- 9.62%
- 10Y*
- 7.23%
DOV
- 1D
- 0.67%
- 1M
- -1.41%
- YTD
- 11.26%
- 6M
- 13.56%
- 1Y
- 21.73%
- 3Y*
- 16.60%
- 5Y*
- 8.83%
- 10Y*
- 16.12%
CDUAF vs. DOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CDUAF Canadian Utilities Limited | 18.48% | 35.10% | 6.34% | -6.25% | -1.87% | 25.16% | -14.69% | 37.49% | -19.67% | 15.55% |
DOV Dover Corporation | 11.26% | 5.24% | 23.35% | 15.22% | -24.34% | 45.73% | 11.53% | 65.80% | -11.11% | 37.68% |
Correlation
The correlation between CDUAF and DOV is -0.02, 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 | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jul 17, 2007 | 0.15 |
The correlation between CDUAF and DOV shifts across timeframes, from -0.02 (1 year) to 0.19 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
CDUAF:
$9.84B
DOV:
$29.38B
CDUAF:
$0.29
DOV:
$8.01
CDUAF:
124.22
DOV:
26.98
CDUAF:
2.83
DOV:
3.59
CDUAF:
1.97
DOV:
3.92
CDUAF:
$3.46B
DOV:
$8.28B
CDUAF:
$1.39B
DOV:
$3.27B
CDUAF:
$1.76B
DOV:
$1.78B
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Return for Risk
CDUAF vs. DOV — Risk / Return Rank
CDUAF
DOV
CDUAF vs. DOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Canadian Utilities Limited (CDUAF) and Dover Corporation (DOV). 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.
| CDUAF | DOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.38 | ||
| Sortino ratioReturn per unit of downside risk | +1.59 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.18 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 6.89 | 1.42 | +5.47 |
| Martin ratioReturn relative to average drawdown | 17.11 | 3.27 | +13.84 |
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
| CDUAF | DOV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.29 | 0.91 | +1.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.36 | +0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | 0.61 | -0.32 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.09 | 0.46 | -0.37 |
Drawdowns
CDUAF vs. DOV - Drawdown Comparison
The maximum CDUAF drawdown since its inception was -71.22%, which is greater than DOV's maximum drawdown of -58.22%. Use the drawdown chart below to compare losses from any high point for CDUAF and DOV.
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Drawdown Indicators
| CDUAF | DOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.22% | -58.22% | -13.00% |
Max Drawdown (1Y)Largest decline over 1 year | -5.35% | -15.34% | +9.99% |
Max Drawdown (3Y)Largest decline over 3 years | -21.95% | -26.59% | +4.64% |
Max Drawdown (5Y)Largest decline over 5 years | -31.94% | -35.56% | +3.62% |
Max Drawdown (10Y)Largest decline over 10 years | -41.92% | -45.24% | +3.32% |
Current DrawdownCurrent decline from peak | -17.93% | -6.90% | -11.03% |
Average DrawdownAverage peak-to-trough decline | -39.89% | -13.14% | -26.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.15% | 6.67% | -4.52% |
Volatility
CDUAF vs. DOV - Volatility Comparison
Canadian Utilities Limited (CDUAF) has a higher volatility of 6.79% compared to Dover Corporation (DOV) at 5.74%. This indicates that CDUAF's price experiences larger fluctuations and is considered to be riskier than DOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CDUAF | DOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.79% | 5.74% | +1.05% |
Volatility (6M)Calculated over the trailing 6-month period | 11.69% | 17.99% | -6.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.11% | 24.02% | -7.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.07% | 24.80% | -5.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.58% | 26.74% | -1.16% |
Dividends
CDUAF vs. DOV - Dividend Comparison
CDUAF's dividend yield for the trailing twelve months is around 3.70%, more than DOV's 0.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CDUAF Canadian Utilities Limited | 3.70% | 4.21% | 5.47% | 6.05% | 5.03% | 4.85% | 5.32% | 4.24% | 4.49% | 4.82% | 4.82% | 5.11% |
DOV Dover Corporation | 0.96% | 1.06% | 1.09% | 1.32% | 1.48% | 1.10% | 1.56% | 1.68% | 2.55% | 1.80% | 2.30% | 2.67% |
Financials
CDUAF vs. DOV - Financials Comparison
This section allows you to compare key financial metrics between Canadian Utilities Limited and Dover Corporation. 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
CDUAF vs. DOV - Profitability Comparison
CDUAF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Canadian Utilities Limited reported a gross profit of 761.00M and revenue of 1.08B. Therefore, the gross margin over that period was 70.2%.
DOV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Dover Corporation reported a gross profit of 798.14M and revenue of 2.05B. Therefore, the gross margin over that period was 38.9%.
CDUAF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Canadian Utilities Limited reported an operating income of 393.00M and revenue of 1.08B, resulting in an operating margin of 36.3%.
DOV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Dover Corporation reported an operating income of 305.91M and revenue of 2.05B, resulting in an operating margin of 14.9%.
CDUAF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Canadian Utilities Limited reported a net income of 224.00M and revenue of 1.08B, resulting in a net margin of 20.7%.
DOV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Dover Corporation reported a net income of 238.43M and revenue of 2.05B, resulting in a net margin of 11.6%.
Frequently Asked Questions
CDUAF and DOV have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CDUAF has higher volatility (6.79%) compared to DOV (5.74%). In terms of maximum drawdown, CDUAF dropped -71.22% vs DOV's -58.22%.
CDUAF currently has the higher Sharpe Ratio (2.29 vs 0.91), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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