CVNA vs. TVK.TO
CVNA (Carvana Co.) and TVK.TO (TerraVest Industries Inc.) are both stocks. CVNA operates in Internet Retail (Consumer Cyclical), while TVK.TO operates in Oil & Gas Equipment & Services (Energy). Over the past 5 years, CVNA returned 3.14%/yr vs 43.32%/yr for TVK.TO. At a 0.15 correlation, their price movements are largely independent.
Performance
CVNA vs. TVK.TO - Performance Comparison
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Different Trading Currencies
CVNA is traded in USD, while TVK.TO is traded in CAD. To make them comparable, the TVK.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CVNA achieves a -24.06% return, which is significantly higher than TVK.TO's -29.48% return.
CVNA
- 1D
- -5.49%
- 1M
- -8.30%
- YTD
- -24.06%
- 6M
- -29.67%
- 1Y
- 0.49%
- 3Y*
- 138.89%
- 5Y*
- 3.14%
- 10Y*
- —
TVK.TO
- 1D
- -0.96%
- 1M
- -7.24%
- YTD
- -29.48%
- 6M
- -23.82%
- 1Y
- -30.81%
- 3Y*
- 62.35%
- 5Y*
- 43.32%
- 10Y*
- 36.13%
CVNA vs. TVK.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CVNA Carvana Co. | -24.06% | 107.52% | 284.13% | 1,016.88% | -97.96% | -3.24% | 160.23% | 181.41% | 71.08% | 41.63% |
TVK.TO TerraVest Industries Inc. | -29.48% | 54.92% | 134.73% | 66.85% | -3.94% | 75.36% | 29.39% | 37.67% | 4.26% | 10.64% |
Correlation
The correlation between CVNA and TVK.TO is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2017 | 0.15 |
The correlation between CVNA and TVK.TO shifts across timeframes, from 0.15 (all time) to 0.29 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
CVNA:
$9.49B
TVK.TO:
CA$2.62B
CVNA:
$8.69
TVK.TO:
CA$3.35
CVNA:
7.37
TVK.TO:
35.33
CVNA:
0.03
TVK.TO:
1.60
CVNA:
0.47
TVK.TO:
1.54
CVNA:
2.55
TVK.TO:
3.46
CVNA:
$22.52B
TVK.TO:
CA$1.68B
CVNA:
$4.50B
TVK.TO:
CA$381.90M
CVNA:
-$116.00M
TVK.TO:
CA$331.92M
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Return for Risk
CVNA vs. TVK.TO — Risk / Return Rank
CVNA
TVK.TO
CVNA vs. TVK.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Carvana Co. (CVNA) and TerraVest Industries Inc. (TVK.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.
| CVNA | TVK.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.56 | ||
| Sortino ratioReturn per unit of downside risk | +0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 0.93 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.01 | -0.82 | +0.83 |
| Martin ratioReturn relative to average drawdown | 0.03 | -1.63 | +1.65 |
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Drawdowns
CVNA vs. TVK.TO - Drawdown Comparison
The maximum CVNA drawdown since its inception was -98.99%, which is greater than TVK.TO's maximum drawdown of -45.95%. Use the drawdown chart below to compare losses from any high point for CVNA and TVK.TO.
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Drawdown Indicators
| CVNA | TVK.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.99% | -45.95% | -53.04% |
Max Drawdown (1Y)Largest decline over 1 year | -41.21% | -37.93% | -3.28% |
Max Drawdown (3Y)Largest decline over 3 years | -53.47% | -37.93% | -15.54% |
Max Drawdown (5Y)Largest decline over 5 years | -98.99% | -37.93% | -61.06% |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.95% | — |
Current DrawdownCurrent decline from peak | -33.01% | -32.64% | -0.37% |
Average DrawdownAverage peak-to-trough decline | -38.24% | -8.40% | -29.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.79% | 18.98% | -0.19% |
Volatility
CVNA vs. TVK.TO - Volatility Comparison
The current volatility for Carvana Co. (CVNA) is 16.26%, while TerraVest Industries Inc. (TVK.TO) has a volatility of 42.63%. This indicates that CVNA experiences smaller price fluctuations and is considered to be less risky than TVK.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CVNA | TVK.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.26% | 42.63% | -26.37% |
Volatility (6M)Calculated over the trailing 6-month period | 42.02% | 54.85% | -12.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.04% | 56.11% | +3.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 111.17% | 41.16% | +70.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 99.32% | 36.65% | +62.67% |
Dividends
CVNA vs. TVK.TO - Dividend Comparison
CVNA has not paid dividends to shareholders, while TVK.TO's dividend yield for the trailing twelve months is around 0.63%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVNA Carvana Co. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TVK.TO TerraVest Industries Inc. | 0.63% | 0.44% | 0.56% | 1.19% | 1.54% | 1.46% | 2.50% | 3.08% | 3.94% | 4.28% | 4.49% | 7.04% |
Financials
CVNA vs. TVK.TO - Financials Comparison
This section allows you to compare key financial metrics between Carvana Co. and TerraVest Industries Inc.. 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
CVNA vs. TVK.TO - Profitability Comparison
CVNA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Carvana Co. reported a gross profit of 1.27B and revenue of 6.43B. Therefore, the gross margin over that period was 19.8%.
TVK.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TerraVest Industries Inc. reported a gross profit of 90.64M and revenue of 442.57M. Therefore, the gross margin over that period was 20.5%.
CVNA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Carvana Co. reported an operating income of 581.00M and revenue of 6.43B, resulting in an operating margin of 9.0%.
TVK.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TerraVest Industries Inc. reported an operating income of 34.19M and revenue of 442.57M, resulting in an operating margin of 7.7%.
CVNA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Carvana Co. reported a net income of 250.00M and revenue of 6.43B, resulting in a net margin of 3.9%.
TVK.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TerraVest Industries Inc. reported a net income of 10.04M and revenue of 442.57M, resulting in a net margin of 2.3%.
Frequently Asked Questions
CVNA and TVK.TO have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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