DFY.TO vs. TSU.TO

Last updated Apr 2, 2026

Compare and contrast key facts about Definity Financial Corp (DFY.TO) and Trisura Group Ltd. (TSU.TO).

Performance

DFY.TO vs. TSU.TO - Performance Comparison

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

DFY.TO vs. TSU.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DFY.TO Definity Financial Corp	-16.42%	31.30%	57.75%	-0.93%	32.39%	8.69%
TSU.TO Trisura Group Ltd.	-0.80%	9.59%	14.65%	-24.93%	-5.03%	3.79%

Fundamentals

Market Cap DFY.TO : CA$7.64B TSU.TO : CA$2.06B
EPS DFY.TO : CA$3.49 TSU.TO : CA$2.93
PE Ratio DFY.TO : 18.14 TSU.TO : 14.46
PEG Ratio DFY.TO : 1.11 TSU.TO : 0.36
PS Ratio DFY.TO : 1.56 TSU.TO : 0.80
PB Ratio DFY.TO : 1.89 TSU.TO : 2.23
Total Revenue (TTM) DFY.TO : CA$4.87B TSU.TO : CA$2.58B
Gross Profit (TTM) DFY.TO : CA$933.70M TSU.TO : CA$1.74B
EBITDA (TTM) DFY.TO : CA$739.00M TSU.TO : CA$198.19M

Returns By Period

In the year-to-date period, DFY.TO achieves a -16.42% return, which is significantly lower than TSU.TO's -0.80% return.

DFY.TO

• 1D: -3.41%
• 1M: -7.03%
• YTD: -16.42%
• 6M: -9.68%
• 1Y: -1.35%
• 3Y*: 23.06%
• 5Y*: —
• 10Y*: —

TSU.TO

• 1D: -2.66%
• 1M: -8.94%
• YTD: -0.80%
• 6M: 11.94%
• 1Y: 19.25%
• 3Y*: 8.60%
• 5Y*: 6.73%
• 10Y*: —

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

Return for Risk

DFY.TO vs. TSU.TO — 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: 36
DFY.TO Sharpe Ratio Rank: 38
DFY.TO Sortino Ratio Rank: 31
DFY.TO Omega Ratio Rank: 31
DFY.TO Calmar Ratio Rank: 41
DFY.TO Martin Ratio Rank: 40

TSU.TO

TSU.TO Risk / Return Rank: 63
TSU.TO Sharpe Ratio Rank: 63
TSU.TO Sortino Ratio Rank: 60
TSU.TO Omega Ratio Rank: 56
TSU.TO Calmar Ratio Rank: 69
TSU.TO Martin Ratio Rank: 67

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. TSU.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Definity Financial Corp (DFY.TO) and Trisura Group Ltd. (TSU.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.

	DFY.TO	TSU.TO	Difference
Sharpe ratio Return per unit of total volatility	-0.05	0.65	-0.71
Sortino ratio Return per unit of downside risk	0.10	1.20	-1.09
Omega ratio Gain probability vs. loss probability	1.01	1.14	-0.13
Calmar ratio Return relative to maximum drawdown	0.00	1.46	-1.46
Martin ratio Return relative to average drawdown	0.00	3.09	-3.09
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. TSU.TO - Sharpe Ratio Comparison

The current DFY.TO Sharpe Ratio is -0.05, which is lower than the TSU.TO Sharpe Ratio of 0.65. The chart below compares the historical Sharpe Ratios of DFY.TO and TSU.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DFY.TO	TSU.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.05	0.65	-0.71
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.20	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.99	0.80	+0.19

Correlation

The correlation between DFY.TO and TSU.TO is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

DFY.TO vs. TSU.TO - Dividend Comparison

DFY.TO's dividend yield for the trailing twelve months is around 1.23%, while TSU.TO has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022
DFY.TO Definity Financial Corp	1.23%	0.99%	1.09%	1.47%	1.43%
TSU.TO Trisura Group Ltd.	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

DFY.TO vs. TSU.TO - Drawdown Comparison

The maximum DFY.TO drawdown since its inception was -19.73%, smaller than the maximum TSU.TO drawdown of -40.06%. Use the drawdown chart below to compare losses from any high point for DFY.TO and TSU.TO.

Drawdown Indicators

	DFY.TO	TSU.TO	Difference
Max Drawdown Largest peak-to-trough decline	-19.73%	-40.06%	+20.33%
Max Drawdown (1Y) Largest decline over 1 year	-19.64%	-18.33%	-1.31%
Max Drawdown (5Y) Largest decline over 5 years	—	-40.06%	—
Current Drawdown Current decline from peak	-19.64%	-14.59%	-5.05%
Average Drawdown Average peak-to-trough decline	-6.00%	-13.98%	+7.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.83%	8.66%	+1.17%

Volatility

DFY.TO vs. TSU.TO - Volatility Comparison

The current volatility for Definity Financial Corp (DFY.TO) is 6.60%, while Trisura Group Ltd. (TSU.TO) has a volatility of 7.68%. This indicates that DFY.TO experiences smaller price fluctuations and is considered to be less risky than TSU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DFY.TO	TSU.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.60%	7.68%	-1.08%
Volatility (6M) Calculated over the trailing 6-month period	15.85%	22.20%	-6.35%
Volatility (1Y) Calculated over the trailing 1-year period	24.93%	30.21%	-5.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.34%	33.75%	-10.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.34%	33.93%	-10.59%

Financials

DFY.TO vs. TSU.TO - Profitability Comparison

The chart below illustrates the profitability comparison between Definity Financial Corp and Trisura Group Ltd. 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 Apr 2026, Definity Financial Corp reported a gross profit of 143.80M and revenue of 1.17B. Therefore, the gross margin over that period was 12.3%.

TSU.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Trisura Group Ltd. reported a gross profit of 820.11M and revenue of 820.11M. Therefore, the gross margin over that period was 100.0%.

DFY.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Definity Financial Corp reported an operating income of 85.90M and revenue of 1.17B, resulting in an operating margin of 7.4%.

TSU.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Trisura Group Ltd. reported an operating income of 49.79M and revenue of 820.11M, resulting in an operating margin of 6.1%.

DFY.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Definity Financial Corp reported a net income of 58.00M and revenue of 1.17B, resulting in a net margin of 5.0%.

TSU.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Trisura Group Ltd. reported a net income of 37.57M and revenue of 820.11M, resulting in a net margin of 4.6%.