DFY.TO vs. TPR

Last updated Jun 9, 2026

DFY.TO (Definity Financial Corp) and TPR (Tapestry, Inc.) are both stocks. DFY.TO operates in Insurance - Property & Casualty (Financial Services), while TPR operates in Luxury Goods (Consumer Cyclical). Over the past 3 years, DFY.TO returned 26.58%/yr vs 54.73%/yr for TPR. At a 0.17 correlation, their price movements are largely independent.

Performance

DFY.TO vs. TPR - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Definity Financial Corp (DFY.TO) and Tapestry, Inc. (TPR). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

DFY.TO is traded in CAD, while TPR is traded in USD. To make them comparable, the TPR values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, DFY.TO achieves a -7.17% return, which is significantly lower than TPR's 12.91% return.

DFY.TO

• 1D: 2.57%
• 1M: 2.45%
• YTD: -7.17%
• 6M: -0.04%
• 1Y: -4.42%
• 3Y*: 26.58%
• 5Y*: —
• 10Y*: —

TPR

• 1D: 0.85%
• 1M: 8.06%
• YTD: 12.91%
• 6M: 21.78%
• 1Y: 84.44%
• 3Y*: 54.73%
• 5Y*: 33.58%
• 10Y*: 18.18%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DFY.TO vs. TPR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DFY.TO Definity Financial Corp	-7.17%	31.30%	57.75%	-0.94%	32.39%	5.46%
TPR Tapestry, Inc.	12.91%	89.66%	98.28%	-2.22%	2.81%	-8.29%

Correlation

The correlation between DFY.TO and TPR is 0.09, 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	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (All Time) Calculated using the full available price history since Nov 18, 2021	0.17

Fundamentals

Market Cap DFY.TO : CA$8.56B TPR : $29.35B
EPS DFY.TO : CA$3.24 TPR : $3.15
PE Ratio DFY.TO : 21.68 TPR : 44.72
PS Ratio DFY.TO : 1.50 TPR : 3.78
PB Ratio DFY.TO : 2.10 TPR : 43.01
Total Revenue (TTM) DFY.TO : CA$5.62B TPR : $7.85B
Gross Profit (TTM) DFY.TO : CA$2.65B TPR : $5.98B
EBITDA (TTM) DFY.TO : CA$733.60M TPR : $1.06B

Return for Risk

DFY.TO vs. TPR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DFY.TO

DFY.TO Risk / Return Rank: 33
DFY.TO Sharpe Ratio Rank: 34
DFY.TO Sortino Ratio Rank: 28
DFY.TO Omega Ratio Rank: 29
DFY.TO Calmar Ratio Rank: 36
DFY.TO Martin Ratio Rank: 36

TPR

TPR Risk / Return Rank: 87
TPR Sharpe Ratio Rank: 89
TPR Sortino Ratio Rank: 81
TPR Omega Ratio Rank: 86
TPR Calmar Ratio Rank: 89
TPR Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DFY.TO vs. TPR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Definity Financial Corp (DFY.TO) and Tapestry, Inc. (TPR). 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.

	DFY.TO	TPR	Difference
Sharpe ratio: Return per unit of total volatility	-0.20	2.07	-2.27
Sortino ratio: Return per unit of downside risk	-0.13	2.40	-2.53
Omega ratio: Gain probability vs. loss probability	0.99	1.37	-0.38
Calmar ratio: Return relative to maximum drawdown	-0.21	4.49	-4.70
Martin ratio: Return relative to average drawdown	-0.38	11.46	-11.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DFY.TO vs. TPR - Sharpe Ratio Comparison

The current DFY.TO Sharpe Ratio is -0.20, which is lower than the TPR Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of DFY.TO and TPR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DFY.TO	TPR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.20	2.07	-2.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.83	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.41	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.06	0.31	+0.75

Drawdowns

DFY.TO vs. TPR - Drawdown Comparison

The maximum DFY.TO drawdown since its inception was -20.98%, smaller than the maximum TPR drawdown of -76.48%. Use the drawdown chart below to compare losses from any high point for DFY.TO and TPR.

Drawdown Indicators

	DFY.TO	TPR	Difference
Max Drawdown Largest peak-to-trough decline	-20.98%	-76.48%	+55.50%
Max Drawdown (1Y) Largest decline over 1 year	-20.98%	-18.92%	-2.06%
Max Drawdown (3Y) Largest decline over 3 years	-20.98%	-36.70%	+15.72%
Max Drawdown (5Y) Largest decline over 5 years	—	-40.14%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-76.48%	—
Current Drawdown Current decline from peak	-10.74%	-9.99%	-0.75%
Average Drawdown Average peak-to-trough decline	-6.38%	-24.53%	+18.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.76%	7.39%	+4.37%

Volatility

DFY.TO vs. TPR - Volatility Comparison

Definity Financial Corp (DFY.TO) and Tapestry, Inc. (TPR) have volatilities of 8.76% and 9.02%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DFY.TO	TPR	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.76%	9.02%	-0.26%
Volatility (6M) Calculated over the trailing 6-month period	17.93%	28.12%	-10.19%
Volatility (1Y) Calculated over the trailing 1-year period	22.40%	41.10%	-18.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.51%	40.68%	-17.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.51%	44.60%	-21.09%

Dividends

DFY.TO vs. TPR - Dividend Comparison

DFY.TO's dividend yield for the trailing twelve months is around 1.11%, less than TPR's 1.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFY.TO Definity Financial Corp	1.11%	0.99%	1.09%	1.47%	1.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TPR Tapestry, Inc.	1.14%	1.17%	2.14%	3.53%	2.89%	1.23%	1.09%	5.01%	3.00%	3.06%	3.85%	4.13%

Financials

DFY.TO vs. TPR - Profitability Comparison

The chart below illustrates the profitability comparison between Definity Financial Corp and Tapestry, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

DFY.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Definity Financial Corp reported a gross profit of 1.92B and revenue of 1.92B. Therefore, the gross margin over that period was 100.0%.

TPR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tapestry, Inc. reported a gross profit of 1.48B and revenue of 1.92B. Therefore, the gross margin over that period was 76.9%.

DFY.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Definity Financial Corp reported an operating income of 92.20M and revenue of 1.92B, resulting in an operating margin of 4.8%.

TPR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tapestry, Inc. reported an operating income of 427.50M and revenue of 1.92B, resulting in an operating margin of 22.3%.

DFY.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Definity Financial Corp reported a net income of 63.90M and revenue of 1.92B, resulting in a net margin of 3.3%.

TPR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tapestry, Inc. reported a net income of 343.80M and revenue of 1.92B, resulting in a net margin of 17.9%.

Frequently Asked Questions

Can I hold both DFY.TO and TPR in my portfolio?

DFY.TO and TPR have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.