CSIQ vs. SPWR
Compare and contrast key facts about Canadian Solar Inc. (CSIQ) and SunPower Corporation (SPWR).
Performance
CSIQ vs. SPWR - Performance Comparison
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CSIQ vs. SPWR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CSIQ Canadian Solar Inc. | -41.73% | 113.76% | -57.61% | -15.11% | -1.25% | -26.53% |
SPWR SunPower Corporation | -19.11% | -12.29% | 11.53% | -84.11% | 4.34% | -1.73% |
Fundamentals
CSIQ:
$937.82M
SPWR:
$1.08B
CSIQ:
-$1.54
SPWR:
$0.04
CSIQ:
0.17
SPWR:
1.91
CSIQ:
$5.60B
SPWR:
$308.94M
CSIQ:
$1.03B
SPWR:
$142.21M
CSIQ:
$282.45M
SPWR:
$59.64M
Returns By Period
In the year-to-date period, CSIQ achieves a -41.73% return, which is significantly lower than SPWR's -19.11% return.
CSIQ
- 1D
- 6.70%
- 1M
- -21.80%
- YTD
- -41.73%
- 6M
- 6.21%
- 1Y
- 60.12%
- 3Y*
- -29.67%
- 5Y*
- -22.17%
- 10Y*
- -3.12%
SPWR
- 1D
- 4.10%
- 1M
- -2.31%
- YTD
- -19.11%
- 6M
- -27.84%
- 1Y
- -18.06%
- 3Y*
- -50.25%
- 5Y*
- —
- 10Y*
- —
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Return for Risk
CSIQ vs. SPWR — Risk / Return Rank
CSIQ
SPWR
CSIQ vs. SPWR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Canadian Solar Inc. (CSIQ) and SunPower Corporation (SPWR). 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.
| CSIQ | SPWR | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.61 | -0.21 | +0.82 |
Sortino ratioReturn per unit of downside risk | 1.43 | 0.29 | +1.14 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.03 | +0.16 |
Calmar ratioReturn relative to maximum drawdown | 0.82 | -0.40 | +1.21 |
Martin ratioReturn relative to average drawdown | 1.93 | -0.79 | +2.73 |
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
| CSIQ | SPWR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.61 | -0.21 | +0.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.32 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.05 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.01 | -0.33 | +0.32 |
Correlation
The correlation between CSIQ and SPWR is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
CSIQ vs. SPWR - Dividend Comparison
Neither CSIQ nor SPWR has paid dividends to shareholders.
Drawdowns
CSIQ vs. SPWR - Drawdown Comparison
The maximum CSIQ drawdown since its inception was -96.02%, roughly equal to the maximum SPWR drawdown of -97.59%. Use the drawdown chart below to compare losses from any high point for CSIQ and SPWR.
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Drawdown Indicators
| CSIQ | SPWR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.02% | -97.59% | +1.57% |
Max Drawdown (1Y)Largest decline over 1 year | -61.35% | -44.08% | -17.27% |
Max Drawdown (5Y)Largest decline over 5 years | -86.06% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -89.46% | — | — |
Current DrawdownCurrent decline from peak | -78.41% | -88.02% | +9.61% |
Average DrawdownAverage peak-to-trough decline | -60.96% | -46.97% | -13.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.90% | 22.08% | +3.82% |
Volatility
CSIQ vs. SPWR - Volatility Comparison
Canadian Solar Inc. (CSIQ) has a higher volatility of 36.84% compared to SunPower Corporation (SPWR) at 17.00%. This indicates that CSIQ's price experiences larger fluctuations and is considered to be riskier than SPWR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CSIQ | SPWR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 36.84% | 17.00% | +19.84% |
Volatility (6M)Calculated over the trailing 6-month period | 78.87% | 50.43% | +28.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 99.99% | 85.50% | +14.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 70.47% | 102.62% | -32.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.91% | 102.62% | -39.71% |
Financials
CSIQ vs. SPWR - Financials Comparison
This section allows you to compare key financial metrics between Canadian Solar Inc. and SunPower 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
CSIQ vs. SPWR - Profitability Comparison
CSIQ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Canadian Solar Inc. reported a gross profit of 124.40M and revenue of 1.22B. Therefore, the gross margin over that period was 10.2%.
SPWR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, SunPower Corporation reported a gross profit of 32.04M and revenue of 70.01M. Therefore, the gross margin over that period was 45.8%.
CSIQ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Canadian Solar Inc. reported an operating income of -85.28M and revenue of 1.22B, resulting in an operating margin of -7.0%.
SPWR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, SunPower Corporation reported an operating income of -3.44M and revenue of 70.01M, resulting in an operating margin of -4.9%.
CSIQ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Canadian Solar Inc. reported a net income of -86.34M and revenue of 1.22B, resulting in a net margin of -7.1%.
SPWR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, SunPower Corporation reported a net income of -15.80M and revenue of 70.01M, resulting in a net margin of -22.6%.