CSIQ vs. SPWR
CSIQ (Canadian Solar Inc.) and SPWR (SunPower Corporation) are both stocks. Both operate in the Solar industry within the Technology sector. Their 0.28 correlation means their historical movements had little consistent relationship.
Performance
CSIQ vs. SPWR - Performance Comparison
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Returns By Period
CSIQ
- 1D
- 2.17%
- 1M
- 4.32%
- 6M
- -21.15%
- YTD
- -36.56%
- 1Y
- 33.22%
- 3Y*
- -25.16%
- 5Y*
- -17.83%
- 10Y*
- 0.48%
- ALL TIME*
- -0.15%
SPWR
- 1D
- -5.55%
- 1M
- -52.26%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $29.87M | $33.52M | $47.72M | |
| $2.86M | $2.36M | $2.97M |
CSIQ vs. SPWR - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
CSIQ Canadian Solar Inc. | -20.84% |
SPWR SunPower Corporation | -71.84% |
Correlation
The correlation between CSIQ and SPWR is 0.28, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 28, 2026 | 0.28 |
Fundamentals
CSIQ:
$1.02B
SPWR:
$29.57M
CSIQ:
-$1.51
SPWR:
-$0.04
CSIQ:
0.19
SPWR:
0.83
CSIQ:
$5.48B
SPWR:
$308.76M
CSIQ:
$1.16B
SPWR:
$149.79M
CSIQ:
$398.75M
SPWR:
-$3.66M
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Return for Risk
CSIQ vs. SPWR — Risk / Return Rank
CSIQ
SPWR
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CSIQ | SPWR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.14 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.49 | — | — |
| Martin ratioReturn relative to average drawdown | 0.80 | — | — |
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Drawdowns
CSIQ vs. SPWR - Drawdown Comparison
The maximum CSIQ drawdown since its inception was -96.02%, which is greater than SPWR's maximum drawdown of -73.39%. 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% | -73.39% | -22.63% |
Max Drawdown (1Y)Largest decline over 1 year | -63.94% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -80.46% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -85.62% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -89.46% | — | — |
Current DrawdownCurrent decline from peak | -76.49% | -72.36% | -4.13% |
Average DrawdownAverage peak-to-trough decline | -61.20% | -36.55% | -24.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.35% | — | — |
Volatility
CSIQ vs. SPWR - Volatility Comparison
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Volatility by Period
| CSIQ | SPWR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.40% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 63.28% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 96.48% | 129.00% | -32.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 72.35% | 129.00% | -56.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.01% | 129.00% | -64.99% |
Dividends
CSIQ vs. SPWR - Dividend Comparison
Neither CSIQ nor SPWR has paid dividends to shareholders.
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 Aug 2026, Canadian Solar Inc. reported a gross profit of 270.82M and revenue of 1.08B. Therefore, the gross margin over that period was 25.1%.
SPWR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, SunPower Corporation reported a gross profit of 48.85M and revenue of 88.49M. Therefore, the gross margin over that period was 55.2%.
CSIQ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Canadian Solar Inc. reported an operating income of 72.87M and revenue of 1.08B, resulting in an operating margin of 6.8%.
SPWR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, SunPower Corporation reported an operating income of -1.12M and revenue of 88.49M, resulting in an operating margin of -1.3%.
CSIQ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Canadian Solar Inc. reported a net income of -32.09M and revenue of 1.08B, resulting in a net margin of -3.0%.
SPWR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, SunPower Corporation reported a net income of -1.12M and revenue of 88.49M, resulting in a net margin of -1.3%.
Frequently Asked Questions
CSIQ and SPWR have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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