CFP.TO vs. WFG.TO
CFP.TO (Canfor Corporation) and WFG.TO (West Fraser Timber Co. Ltd.) are both stocks. Both operate in the Lumber & Wood Production industry within the Basic Materials sector. Over the past 10 years, CFP.TO returned -0.63%/yr vs 9.47%/yr for WFG.TO. At a 0.40 correlation, their price movements are largely independent.
Performance
CFP.TO vs. WFG.TO - Performance Comparison
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Returns By Period
In the year-to-date period, CFP.TO achieves a 18.07% return, which is significantly higher than WFG.TO's 12.98% return. Over the past 10 years, CFP.TO has underperformed WFG.TO with an annualized return of -0.63%, while WFG.TO has yielded a comparatively higher 9.47% annualized return.
CFP.TO
- 1D
- 1.69%
- 1M
- 17.67%
- YTD
- 18.07%
- 6M
- 18.58%
- 1Y
- 3.59%
- 3Y*
- -11.01%
- 5Y*
- -13.03%
- 10Y*
- -0.63%
WFG.TO
- 1D
- 1.78%
- 1M
- 16.52%
- YTD
- 12.98%
- 6M
- 10.28%
- 1Y
- -4.53%
- 3Y*
- 1.43%
- 5Y*
- 2.73%
- 10Y*
- 9.47%
CFP.TO vs. WFG.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CFP.TO Canfor Corporation | 18.07% | -22.73% | -14.96% | -16.24% | -33.53% | 39.51% | 89.29% | -26.56% | -33.29% | 62.28% |
WFG.TO West Fraser Timber Co. Ltd. | 12.98% | -31.32% | 11.51% | 17.78% | -17.80% | 49.33% | 45.06% | -13.91% | -12.27% | 62.43% |
Correlation
The correlation between CFP.TO and WFG.TO is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since May 8, 1986 | 0.40 |
Over the past year, CFP.TO and WFG.TO have become more correlated (0.70) than their long-term average of 0.40, meaning their price movements have been converging.
Fundamentals
CFP.TO:
CA$1.61B
WFG.TO:
CA$7.39B
CFP.TO:
-CA$7.15
WFG.TO:
-CA$18.32
CFP.TO:
0.31
WFG.TO:
1.29
CFP.TO:
0.66
WFG.TO:
1.31
CFP.TO:
CA$5.28B
WFG.TO:
CA$5.74B
CFP.TO:
CA$353.40M
WFG.TO:
CA$572.85M
CFP.TO:
-CA$44.40M
WFG.TO:
-CA$1.02B
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Return for Risk
CFP.TO vs. WFG.TO — Risk / Return Rank
CFP.TO
WFG.TO
CFP.TO vs. WFG.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Canfor Corporation (CFP.TO) and West Fraser Timber Co. Ltd. (WFG.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.
| CFP.TO | WFG.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.25 | ||
| Sortino ratioReturn per unit of downside risk | +0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.00 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.14 | -0.20 | +0.33 |
| Martin ratioReturn relative to average drawdown | 0.24 | -0.34 | +0.57 |
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
| CFP.TO | WFG.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.11 | -0.14 | +0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.36 | 0.09 | -0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.01 | 0.25 | -0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.01 | 0.24 | -0.25 |
Drawdowns
CFP.TO vs. WFG.TO - Drawdown Comparison
The maximum CFP.TO drawdown since its inception was -90.71%, which is greater than WFG.TO's maximum drawdown of -76.19%. Use the drawdown chart below to compare losses from any high point for CFP.TO and WFG.TO.
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Drawdown Indicators
| CFP.TO | WFG.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.71% | -76.19% | -14.52% |
Max Drawdown (1Y)Largest decline over 1 year | -26.56% | -23.21% | -3.35% |
Max Drawdown (3Y)Largest decline over 3 years | -53.83% | -40.57% | -13.26% |
Max Drawdown (5Y)Largest decline over 5 years | -67.07% | -40.57% | -26.50% |
Max Drawdown (10Y)Largest decline over 10 years | -81.84% | -76.19% | -5.65% |
Current DrawdownCurrent decline from peak | -60.98% | -30.32% | -30.66% |
Average DrawdownAverage peak-to-trough decline | -53.28% | -22.47% | -30.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.18% | 13.55% | +1.63% |
Volatility
CFP.TO vs. WFG.TO - Volatility Comparison
Canfor Corporation (CFP.TO) has a higher volatility of 11.97% compared to West Fraser Timber Co. Ltd. (WFG.TO) at 9.07%. This indicates that CFP.TO's price experiences larger fluctuations and is considered to be riskier than WFG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CFP.TO | WFG.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.97% | 9.07% | +2.90% |
Volatility (6M)Calculated over the trailing 6-month period | 26.19% | 23.41% | +2.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.79% | 31.61% | +2.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.41% | 31.76% | +4.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.24% | 38.20% | +8.04% |
Dividends
CFP.TO vs. WFG.TO - Dividend Comparison
CFP.TO has not paid dividends to shareholders, while WFG.TO's dividend yield for the trailing twelve months is around 1.86%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CFP.TO Canfor Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WFG.TO West Fraser Timber Co. Ltd. | 1.86% | 2.12% | 1.39% | 1.42% | 1.55% | 0.96% | 0.98% | 1.40% | 1.04% | 0.46% | 0.58% | 0.53% |
Financials
CFP.TO vs. WFG.TO - Financials Comparison
This section allows you to compare key financial metrics between Canfor Corporation and West Fraser Timber Co. Ltd.. 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
CFP.TO vs. WFG.TO - Profitability Comparison
CFP.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Canfor Corporation reported a gross profit of 246.90M and revenue of 1.36B. Therefore, the gross margin over that period was 18.2%.
WFG.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, West Fraser Timber Co. Ltd. reported a gross profit of 16.72M and revenue of 1.31B. Therefore, the gross margin over that period was 1.3%.
CFP.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Canfor Corporation reported an operating income of -72.50M and revenue of 1.36B, resulting in an operating margin of -5.3%.
WFG.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, West Fraser Timber Co. Ltd. reported an operating income of -206.56M and revenue of 1.31B, resulting in an operating margin of -15.7%.
CFP.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Canfor Corporation reported a net income of -72.10M and revenue of 1.36B, resulting in a net margin of -5.3%.
WFG.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, West Fraser Timber Co. Ltd. reported a net income of -184.92M and revenue of 1.31B, resulting in a net margin of -14.1%.
Frequently Asked Questions
CFP.TO and WFG.TO have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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