CTC-A.TO vs. MDA.TO
CTC-A.TO (Canadian Tire Corporation Ltd) and MDA.TO (MDA Space Ltd.) are both stocks. CTC-A.TO operates in Specialty Retail (Consumer Cyclical), while MDA.TO operates in Aerospace & Defense (Industrials). Over the past 5 years, CTC-A.TO returned 2.32%/yr vs 28.31%/yr for MDA.TO. At a 0.21 correlation, their price movements are largely independent.
Performance
CTC-A.TO vs. MDA.TO - Performance Comparison
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Returns By Period
In the year-to-date period, CTC-A.TO achieves a 9.56% return, which is significantly lower than MDA.TO's 95.80% return.
CTC-A.TO
- 1D
- 1.21%
- 1M
- 2.40%
- YTD
- 9.56%
- 6M
- 14.57%
- 1Y
- 8.09%
- 3Y*
- 8.10%
- 5Y*
- 2.32%
- 10Y*
- 6.57%
MDA.TO
- 1D
- -8.57%
- 1M
- -0.63%
- YTD
- 95.80%
- 6M
- 106.00%
- 1Y
- 76.75%
- 3Y*
- 83.01%
- 5Y*
- 28.31%
- 10Y*
- —
CTC-A.TO vs. MDA.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CTC-A.TO Canadian Tire Corporation Ltd | 9.56% | 20.07% | 12.82% | 3.76% | -19.20% | -0.58% |
MDA.TO MDA Space Ltd. | 95.80% | -9.79% | 156.34% | 80.00% | -32.63% | -32.81% |
Correlation
The correlation between CTC-A.TO and MDA.TO is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Apr 7, 2021 | 0.21 |
Fundamentals
CTC-A.TO:
CA$9.89B
MDA.TO:
CA$6.92B
CTC-A.TO:
CA$11.14
MDA.TO:
CA$0.81
CTC-A.TO:
16.76
MDA.TO:
64.10
CTC-A.TO:
0.33
MDA.TO:
0.26
CTC-A.TO:
0.61
MDA.TO:
3.86
CTC-A.TO:
1.70
MDA.TO:
3.75
CTC-A.TO:
CA$16.43B
MDA.TO:
CA$1.75B
CTC-A.TO:
CA$5.41B
MDA.TO:
CA$366.40M
CTC-A.TO:
CA$2.09B
MDA.TO:
CA$291.70M
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Return for Risk
CTC-A.TO vs. MDA.TO — Risk / Return Rank
CTC-A.TO
MDA.TO
CTC-A.TO vs. MDA.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Canadian Tire Corporation Ltd (CTC-A.TO) 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.
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.
| CTC-A.TO | MDA.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -1.10 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.24 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.50 | 1.43 | -0.94 |
| Martin ratioReturn relative to average drawdown | 0.96 | 3.07 | -2.11 |
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Drawdowns
CTC-A.TO vs. MDA.TO - Drawdown Comparison
The maximum CTC-A.TO drawdown since its inception was -58.16%, smaller than the maximum MDA.TO drawdown of -68.33%. Use the drawdown chart below to compare losses from any high point for CTC-A.TO and MDA.TO.
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Drawdown Indicators
| CTC-A.TO | MDA.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.16% | -68.33% | +10.17% |
Max Drawdown (1Y)Largest decline over 1 year | -16.35% | -53.77% | +37.42% |
Max Drawdown (3Y)Largest decline over 3 years | -29.70% | -53.77% | +24.07% |
Max Drawdown (5Y)Largest decline over 5 years | -30.90% | -65.68% | +34.78% |
Max Drawdown (10Y)Largest decline over 10 years | -58.16% | — | — |
Current DrawdownCurrent decline from peak | -6.03% | -22.30% | +16.27% |
Average DrawdownAverage peak-to-trough decline | -15.96% | -30.65% | +14.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.47% | 25.08% | -16.61% |
Volatility
CTC-A.TO vs. MDA.TO - Volatility Comparison
The current volatility for Canadian Tire Corporation Ltd (CTC-A.TO) is 7.65%, while MDA Space Ltd. (MDA.TO) has a volatility of 21.96%. This indicates that CTC-A.TO 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
| CTC-A.TO | MDA.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.65% | 21.96% | -14.31% |
Volatility (6M)Calculated over the trailing 6-month period | 14.68% | 45.64% | -30.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.88% | 65.12% | -43.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.09% | 49.43% | -27.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.88% | 49.45% | -23.57% |
Dividends
CTC-A.TO vs. MDA.TO - Dividend Comparison
CTC-A.TO's dividend yield for the trailing twelve months is around 3.83%, while MDA.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CTC-A.TO Canadian Tire Corporation Ltd | 3.83% | 4.08% | 4.63% | 4.90% | 4.13% | 2.59% | 2.72% | 2.97% | 2.52% | 1.59% | 1.67% | 1.79% |
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
CTC-A.TO vs. MDA.TO - Financials Comparison
This section allows you to compare key financial metrics between Canadian Tire Corporation Ltd 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
CTC-A.TO vs. MDA.TO - Profitability Comparison
CTC-A.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Canadian Tire Corporation Ltd reported a gross profit of 1.21B and revenue of 3.57B. Therefore, the gross margin over that period was 34.0%.
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%.
CTC-A.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Canadian Tire Corporation Ltd reported an operating income of 254.30M and revenue of 3.57B, resulting in an operating margin of 7.1%.
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%.
CTC-A.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Canadian Tire Corporation Ltd reported a net income of 107.00M and revenue of 3.57B, resulting in a net margin of 3.0%.
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
CTC-A.TO and MDA.TO have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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