CSW-B.TO vs. CNQ.TO
CSW-B.TO (Corby Spirit and Wine Limited) and CNQ.TO (Canadian Natural Resources Limited) are both stocks. CSW-B.TO operates in Beverages - Wineries & Distilleries (Consumer Defensive), while CNQ.TO operates in Oil & Gas E&P (Energy). Over the past 10 years, CSW-B.TO returned 3.77%/yr vs 18.54%/yr for CNQ.TO. At a 0.05 correlation, their price movements are largely independent.
Performance
CSW-B.TO vs. CNQ.TO - Performance Comparison
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Returns By Period
In the year-to-date period, CSW-B.TO achieves a 3.47% return, which is significantly lower than CNQ.TO's 43.73% return. Over the past 10 years, CSW-B.TO has underperformed CNQ.TO with an annualized return of 3.77%, while CNQ.TO has yielded a comparatively higher 18.54% annualized return.
CSW-B.TO
- 1D
- -0.42%
- 1M
- 1.36%
- YTD
- 3.47%
- 6M
- 7.01%
- 1Y
- 18.54%
- 3Y*
- 9.19%
- 5Y*
- 1.75%
- 10Y*
- 3.77%
CNQ.TO
- 1D
- -0.21%
- 1M
- 1.47%
- YTD
- 43.73%
- 6M
- 40.76%
- 1Y
- 64.26%
- 3Y*
- 27.06%
- 5Y*
- 30.18%
- 10Y*
- 18.54%
CSW-B.TO vs. CNQ.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CSW-B.TO Corby Spirit and Wine Limited | 3.47% | 24.68% | 12.32% | -15.07% | -9.11% | 11.08% | 14.37% | -8.13% | -12.87% | 8.09% |
CNQ.TO Canadian Natural Resources Limited | 43.73% | 10.42% | 7.11% | 21.06% | 49.65% | 82.41% | -20.75% | 32.78% | -24.17% | 7.75% |
Correlation
The correlation between CSW-B.TO and CNQ.TO is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Dec 19, 1989 | 0.05 |
The correlation between CSW-B.TO and CNQ.TO shifts across timeframes, from -0.01 (1 year) to 0.09 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
CSW-B.TO:
CA$405.40M
CNQ.TO:
CA$138.80B
CSW-B.TO:
CA$1.16
CNQ.TO:
CA$4.65
CSW-B.TO:
12.23
CNQ.TO:
14.24
CSW-B.TO:
1.49
CNQ.TO:
3.49
CSW-B.TO:
2.13
CNQ.TO:
3.11
CSW-B.TO:
CA$272.58M
CNQ.TO:
CA$39.61B
CSW-B.TO:
CA$132.34M
CNQ.TO:
CA$12.42B
CSW-B.TO:
CA$67.23M
CNQ.TO:
CA$17.78B
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Return for Risk
CSW-B.TO vs. CNQ.TO — Risk / Return Rank
CSW-B.TO
CNQ.TO
CSW-B.TO vs. CNQ.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Corby Spirit and Wine Limited (CSW-B.TO) and Canadian Natural Resources Limited (CNQ.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.
| CSW-B.TO | CNQ.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.90 | ||
| Sortino ratioReturn per unit of downside risk | -0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.37 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 3.73 | 4.21 | -0.48 |
| Martin ratioReturn relative to average drawdown | 8.46 | 11.05 | -2.59 |
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
| CSW-B.TO | CNQ.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.36 | 2.26 | -0.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.11 | 1.00 | -0.89 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | 0.49 | -0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.63 | -0.34 |
Drawdowns
CSW-B.TO vs. CNQ.TO - Drawdown Comparison
The maximum CSW-B.TO drawdown since its inception was -70.11%, smaller than the maximum CNQ.TO drawdown of -76.20%. Use the drawdown chart below to compare losses from any high point for CSW-B.TO and CNQ.TO.
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Drawdown Indicators
| CSW-B.TO | CNQ.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.11% | -76.20% | +6.09% |
Max Drawdown (1Y)Largest decline over 1 year | -4.92% | -15.33% | +10.41% |
Max Drawdown (3Y)Largest decline over 3 years | -17.38% | -33.11% | +15.73% |
Max Drawdown (5Y)Largest decline over 5 years | -29.27% | -33.11% | +3.84% |
Max Drawdown (10Y)Largest decline over 10 years | -34.87% | -76.20% | +41.33% |
Current DrawdownCurrent decline from peak | -2.33% | -4.66% | +2.33% |
Average DrawdownAverage peak-to-trough decline | -16.74% | -18.90% | +2.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.15% | 5.83% | -3.68% |
Volatility
CSW-B.TO vs. CNQ.TO - Volatility Comparison
The current volatility for Corby Spirit and Wine Limited (CSW-B.TO) is 3.01%, while Canadian Natural Resources Limited (CNQ.TO) has a volatility of 9.59%. This indicates that CSW-B.TO experiences smaller price fluctuations and is considered to be less risky than CNQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CSW-B.TO | CNQ.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.01% | 9.59% | -6.58% |
Volatility (6M)Calculated over the trailing 6-month period | 9.18% | 23.65% | -14.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.48% | 28.61% | -15.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.49% | 30.46% | -13.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.55% | 38.02% | -20.47% |
Dividends
CSW-B.TO vs. CNQ.TO - Dividend Comparison
CSW-B.TO's dividend yield for the trailing twelve months is around 6.60%, more than CNQ.TO's 3.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNQ.TO Canadian Natural Resources Limited | 3.61% | 5.06% | 4.82% | 4.26% | 6.12% | 3.66% | 5.44% | 3.50% | 3.98% | 2.40% | 2.15% | 3.02% |
CSW-B.TO Corby Spirit and Wine Limited | 6.60% | 6.47% | 7.05% | 7.21% | 6.43% | 5.11% | 5.22% | 5.91% | 7.72% | 4.04% | 3.84% | 7.97% |
Financials
CSW-B.TO vs. CNQ.TO - Financials Comparison
This section allows you to compare key financial metrics between Corby Spirit and Wine Limited and Canadian Natural Resources Limited. 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
CSW-B.TO vs. CNQ.TO - Profitability Comparison
CSW-B.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Corby Spirit and Wine Limited reported a gross profit of 29.73M and revenue of 58.27M. Therefore, the gross margin over that period was 51.0%.
CNQ.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Canadian Natural Resources Limited reported a gross profit of 3.47B and revenue of 10.81B. Therefore, the gross margin over that period was 32.1%.
CSW-B.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Corby Spirit and Wine Limited reported an operating income of 11.86M and revenue of 58.27M, resulting in an operating margin of 20.4%.
CNQ.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Canadian Natural Resources Limited reported an operating income of 2.67B and revenue of 10.81B, resulting in an operating margin of 24.7%.
CSW-B.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Corby Spirit and Wine Limited reported a net income of 7.93M and revenue of 58.27M, resulting in a net margin of 13.6%.
CNQ.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Canadian Natural Resources Limited reported a net income of 1.35B and revenue of 10.81B, resulting in a net margin of 12.5%.
Frequently Asked Questions
CSW-B.TO and CNQ.TO have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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