COR vs. MDA.TO
COR (Cencora Inc.) and MDA.TO (MDA Space Ltd.) are both stocks. COR operates in Medical Distribution (Healthcare), while MDA.TO operates in Aerospace & Defense (Industrials). Over the past 5 years, COR returned 20.49%/yr vs 25.95%/yr for MDA.TO. At a correlation of -0.02, they often move in opposite directions.
Performance
COR vs. MDA.TO - Performance Comparison
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Different Trading Currencies
COR is traded in USD, while MDA.TO is traded in CAD. To make them comparable, the MDA.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, COR achieves a -18.53% return, which is significantly lower than MDA.TO's 99.11% return.
COR
- 1D
- -0.35%
- 1M
- 5.22%
- YTD
- -18.53%
- 6M
- -18.54%
- 1Y
- -4.43%
- 3Y*
- 16.42%
- 5Y*
- 20.49%
- 10Y*
- 17.00%
MDA.TO
- 1D
- 0.66%
- 1M
- 11.96%
- YTD
- 99.11%
- 6M
- 119.52%
- 1Y
- 78.83%
- 3Y*
- 84.50%
- 5Y*
- 25.95%
- 10Y*
- —
COR vs. MDA.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
COR Cencora Inc. | -18.53% | 51.48% | 10.37% | 25.33% | 26.26% | 19.69% |
MDA.TO MDA Space Ltd. | 99.11% | -5.47% | 136.33% | 84.39% | -36.65% | -33.73% |
Correlation
The correlation between COR and MDA.TO is -0.11, 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 | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Apr 7, 2021 | -0.02 |
The correlation between COR and MDA.TO shifts across timeframes, from -0.11 (1 year) to -0.01 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
COR:
$53.55B
MDA.TO:
CA$7.17B
COR:
$13.07
MDA.TO:
CA$0.81
COR:
20.97
MDA.TO:
66.38
COR:
9.96
MDA.TO:
0.27
COR:
0.16
MDA.TO:
4.00
COR:
15.76
MDA.TO:
3.88
COR:
$328.68B
MDA.TO:
CA$1.75B
COR:
$11.66B
MDA.TO:
CA$366.40M
COR:
$3.64B
MDA.TO:
CA$291.70M
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Return for Risk
COR vs. MDA.TO — Risk / Return Rank
COR
MDA.TO
COR vs. MDA.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cencora Inc. (COR) and MDA Space Ltd. (MDA.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.
| COR | MDA.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.38 | ||
| Sortino ratioReturn per unit of downside risk | -1.74 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.25 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | 1.46 | -1.59 |
| Martin ratioReturn relative to average drawdown | -0.39 | 3.15 | -3.54 |
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
| COR | MDA.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.15 | 1.24 | -1.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.92 | 0.53 | +0.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.53 | +0.01 |
Drawdowns
COR vs. MDA.TO - Drawdown Comparison
The maximum COR drawdown since its inception was -71.01%, roughly equal to the maximum MDA.TO drawdown of -70.91%. Use the drawdown chart below to compare losses from any high point for COR and MDA.TO.
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Drawdown Indicators
| COR | MDA.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.01% | -70.91% | -0.10% |
Max Drawdown (1Y)Largest decline over 1 year | -32.44% | -54.42% | +21.98% |
Max Drawdown (3Y)Largest decline over 3 years | -32.44% | -54.42% | +21.98% |
Max Drawdown (5Y)Largest decline over 5 years | -32.44% | -68.48% | +36.04% |
Max Drawdown (10Y)Largest decline over 10 years | -32.44% | — | — |
Current DrawdownCurrent decline from peak | -26.57% | -20.13% | -6.44% |
Average DrawdownAverage peak-to-trough decline | -13.62% | -32.46% | +18.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.26% | 25.11% | -13.85% |
Volatility
COR vs. MDA.TO - Volatility Comparison
The current volatility for Cencora Inc. (COR) is 7.05%, while MDA Space Ltd. (MDA.TO) has a volatility of 19.31%. This indicates that COR experiences smaller price fluctuations and is considered to be less risky than MDA.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COR | MDA.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.05% | 19.31% | -12.26% |
Volatility (6M)Calculated over the trailing 6-month period | 26.87% | 44.24% | -17.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.25% | 64.17% | -33.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.34% | 49.48% | -27.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.49% | 49.58% | -22.09% |
Dividends
COR vs. MDA.TO - Dividend Comparison
COR's dividend yield for the trailing twelve months is around 0.86%, while MDA.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COR Cencora Inc. | 0.86% | 0.67% | 0.93% | 0.96% | 1.13% | 5.13% | 6.74% | 7.48% | 2.07% | 1.61% | 1.77% | 1.17% |
MDA.TO MDA Space Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
COR vs. MDA.TO - Financials Comparison
This section allows you to compare key financial metrics between Cencora Inc. and MDA Space 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
COR vs. MDA.TO - Profitability Comparison
COR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cencora Inc. reported a gross profit of 3.59B and revenue of 78.36B. Therefore, the gross margin over that period was 4.6%.
MDA.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MDA Space Ltd. reported a gross profit of 84.00M and revenue of 464.10M. Therefore, the gross margin over that period was 18.1%.
COR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cencora Inc. reported an operating income of 1.14B and revenue of 78.36B, resulting in an operating margin of 1.5%.
MDA.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MDA Space Ltd. reported an operating income of 32.30M and revenue of 464.10M, resulting in an operating margin of 7.0%.
COR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cencora Inc. reported a net income of 1.64B and revenue of 78.36B, resulting in a net margin of 2.1%.
MDA.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MDA Space Ltd. reported a net income of 29.60M and revenue of 464.10M, resulting in a net margin of 6.4%.
Frequently Asked Questions
COR and MDA.TO have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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