CNC.V vs. BBD-A.TO

Last updated Jun 4, 2026

CNC.V (Canada Nickel Company Inc) and BBD-A.TO (Bombardier Inc) are both stocks. CNC.V operates in Other Industrial Metals & Mining (Basic Materials), while BBD-A.TO operates in Aerospace & Defense (Industrials). Over the past 5 years, CNC.V returned -14.98%/yr vs 59.69%/yr for BBD-A.TO. At a 0.14 correlation, their price movements are largely independent.

Performance

CNC.V vs. BBD-A.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Canada Nickel Company Inc (CNC.V) and Bombardier Inc (BBD-A.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CNC.V achieves a 13.57% return, which is significantly lower than BBD-A.TO's 39.39% return.

CNC.V

• 1D: -5.36%
• 1M: -5.92%
• YTD: 13.57%
• 6M: 27.20%
• 1Y: 67.37%
• 3Y*: 6.40%
• 5Y*: -14.98%
• 10Y*: —

BBD-A.TO

• 1D: -0.27%
• 1M: 16.41%
• YTD: 39.39%
• 6M: 41.03%
• 1Y: 237.41%
• 3Y*: 78.20%
• 5Y*: 59.69%
• 10Y*: 19.64%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CNC.V vs. BBD-A.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
CNC.V Canada Nickel Company Inc	13.57%	52.17%	-19.30%	-44.39%	-44.74%	91.24%	115.56%
BBD-A.TO Bombardier Inc	39.39%	139.44%	81.98%	0.96%	22.36%	110.98%	-30.51%

Correlation

The correlation between CNC.V and BBD-A.TO is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (All Time) Calculated using the full available price history since Feb 28, 2020	0.14

Fundamentals

Market Cap CNC.V : CA$360.76M BBD-A.TO : CA$32.62B
EPS CNC.V : -CA$0.13 BBD-A.TO : CA$9.32
Total Revenue (TTM) CNC.V : CA$0.00 BBD-A.TO : CA$9.60B
Gross Profit (TTM) CNC.V : CA$0.00 BBD-A.TO : CA$1.88B
EBITDA (TTM) CNC.V : -CA$15.27M BBD-A.TO : CA$1.70B

Return for Risk

CNC.V vs. BBD-A.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CNC.V

CNC.V Risk / Return Rank: 70
CNC.V Sharpe Ratio Rank: 72
CNC.V Sortino Ratio Rank: 72
CNC.V Omega Ratio Rank: 70
CNC.V Calmar Ratio Rank: 70
CNC.V Martin Ratio Rank: 67

BBD-A.TO

BBD-A.TO Risk / Return Rank: 98
BBD-A.TO Sharpe Ratio Rank: 98
BBD-A.TO Sortino Ratio Rank: 97
BBD-A.TO Omega Ratio Rank: 96
BBD-A.TO Calmar Ratio Rank: 98
BBD-A.TO Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CNC.V vs. BBD-A.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Canada Nickel Company Inc (CNC.V) and Bombardier Inc (BBD-A.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.

	CNC.V	BBD-A.TO	Difference
Sharpe ratio Return per unit of total volatility	0.98	4.63	-3.66
Sortino ratio Return per unit of downside risk	1.84	4.89	-3.04
Omega ratio Gain probability vs. loss probability	1.22	1.63	-0.41
Calmar ratio Return relative to maximum drawdown	1.54	12.87	-11.33
Martin ratio Return relative to average drawdown	2.97	38.92	-35.95
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CNC.V vs. BBD-A.TO - Sharpe Ratio Comparison

The current CNC.V Sharpe Ratio is 0.98, which is lower than the BBD-A.TO Sharpe Ratio of 4.63. The chart below compares the historical Sharpe Ratios of CNC.V and BBD-A.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CNC.V	BBD-A.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.98	4.63	-3.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.25	1.13	-1.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.35	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.13	-0.01

Drawdowns

CNC.V vs. BBD-A.TO - Drawdown Comparison

The maximum CNC.V drawdown since its inception was -83.14%, smaller than the maximum BBD-A.TO drawdown of -97.93%. Use the drawdown chart below to compare losses from any high point for CNC.V and BBD-A.TO.

Drawdown Indicators

	CNC.V	BBD-A.TO	Difference
Max Drawdown Largest peak-to-trough decline	-83.14%	-97.93%	+14.79%
Max Drawdown (1Y) Largest decline over 1 year	-44.09%	-18.57%	-25.52%
Max Drawdown (3Y) Largest decline over 3 years	-64.25%	-39.01%	-25.24%
Max Drawdown (5Y) Largest decline over 5 years	-80.68%	-61.30%	-19.38%
Max Drawdown (10Y) Largest decline over 10 years	—	-93.18%	—
Current Drawdown Current decline from peak	-63.78%	-28.19%	-35.59%
Average Drawdown Average peak-to-trough decline	-55.10%	-58.53%	+3.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.78%	6.13%	+16.65%

Volatility

CNC.V vs. BBD-A.TO - Volatility Comparison

Canada Nickel Company Inc (CNC.V) and Bombardier Inc (BBD-A.TO) have volatilities of 13.19% and 12.92%, 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.

Volatility by Period

	CNC.V	BBD-A.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.19%	12.92%	+0.27%
Volatility (6M) Calculated over the trailing 6-month period	48.79%	40.55%	+8.24%
Volatility (1Y) Calculated over the trailing 1-year period	69.45%	51.62%	+17.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.32%	53.09%	+7.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	76.70%	56.31%	+20.39%

Dividends

CNC.V vs. BBD-A.TO - Dividend Comparison

Neither CNC.V nor BBD-A.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both CNC.V and BBD-A.TO in my portfolio?

CNC.V and BBD-A.TO have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.