DND.TO vs. SYZ.TO

Last updated Apr 2, 2026

Compare and contrast key facts about Dye & Durham Limited (DND.TO) and Sylogist Ltd. (SYZ.TO).

Performance

DND.TO vs. SYZ.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Dye & Durham Limited (DND.TO) and Sylogist Ltd. (SYZ.TO). The values are adjusted to include any dividend payments, if applicable.

DND.TO vs. SYZ.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
DND.TO Dye & Durham Limited	-6.47%	-76.20%	23.07%	-12.03%	-63.29%	-11.01%	241.58%
SYZ.TO Sylogist Ltd.	-43.53%	-34.60%	19.39%	21.85%	-49.79%	13.94%	6.83%

Fundamentals

Market Cap DND.TO : CA$261.97M SYZ.TO : CA$76.02M
EPS DND.TO : -CA$1.65 SYZ.TO : -CA$0.20
PS Ratio DND.TO : 0.63 SYZ.TO : 1.22
PB Ratio DND.TO : 1.18 SYZ.TO : 2.44
Total Revenue (TTM) DND.TO : CA$415.43M SYZ.TO : CA$62.24M
Gross Profit (TTM) DND.TO : CA$56.38M SYZ.TO : CA$29.67M
EBITDA (TTM) DND.TO : CA$130.55M SYZ.TO : CA$7.80M

Returns By Period

In the year-to-date period, DND.TO achieves a -6.47% return, which is significantly higher than SYZ.TO's -43.53% return.

DND.TO

• 1D: -0.26%
• 1M: -10.96%
• YTD: -6.47%
• 6M: -44.29%
• 1Y: -63.51%
• 3Y*: -39.65%
• 5Y*: -37.22%
• 10Y*: —

SYZ.TO

• 1D: -0.31%
• 1M: -11.44%
• YTD: -43.53%
• 6M: -50.83%
• 1Y: -58.68%
• 3Y*: -15.32%
• 5Y*: -24.73%
• 10Y*: -6.88%

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

Return for Risk

DND.TO vs. SYZ.TO — Risk / Return Rank

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

DND.TO

DND.TO Risk / Return Rank: 10
DND.TO Sharpe Ratio Rank: 11
DND.TO Sortino Ratio Rank: 9
DND.TO Omega Ratio Rank: 10
DND.TO Calmar Ratio Rank: 10
DND.TO Martin Ratio Rank: 12

SYZ.TO

SYZ.TO Risk / Return Rank: 4
SYZ.TO Sharpe Ratio Rank: 2
SYZ.TO Sortino Ratio Rank: 2
SYZ.TO Omega Ratio Rank: 3
SYZ.TO Calmar Ratio Rank: 7
SYZ.TO Martin Ratio Rank: 5

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.

DND.TO vs. SYZ.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dye & Durham Limited (DND.TO) and Sylogist Ltd. (SYZ.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.

	DND.TO	SYZ.TO	Difference
Sharpe ratio Return per unit of total volatility	-0.71	-1.18	+0.47
Sortino ratio Return per unit of downside risk	-1.10	-1.95	+0.84
Omega ratio Gain probability vs. loss probability	0.86	0.76	+0.09
Calmar ratio Return relative to maximum drawdown	-0.83	-0.90	+0.06
Martin ratio Return relative to average drawdown	-1.40	-1.66	+0.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DND.TO vs. SYZ.TO - Sharpe Ratio Comparison

The current DND.TO Sharpe Ratio is -0.71, which is higher than the SYZ.TO Sharpe Ratio of -1.18. The chart below compares the historical Sharpe Ratios of DND.TO and SYZ.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

	DND.TO	SYZ.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.71	-1.18	+0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.57	-0.60	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.19	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.31	-0.01	-0.30

Correlation

The correlation between DND.TO and SYZ.TO is 0.15, 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

DND.TO vs. SYZ.TO - Dividend Comparison

DND.TO's dividend yield for the trailing twelve months is around 0.49%, less than SYZ.TO's 1.23% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DND.TO Dye & Durham Limited	0.49%	0.91%	0.43%	0.53%	0.46%	0.17%	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%
SYZ.TO Sylogist Ltd.	1.23%	0.69%	0.45%	0.54%	6.25%	3.88%	3.90%	3.96%	2.68%	3.37%	3.08%	3.93%

Drawdowns

DND.TO vs. SYZ.TO - Drawdown Comparison

The maximum DND.TO drawdown since its inception was -94.75%, smaller than the maximum SYZ.TO drawdown of -99.84%. Use the drawdown chart below to compare losses from any high point for DND.TO and SYZ.TO.

Drawdown Indicators

	DND.TO	SYZ.TO	Difference
Max Drawdown Largest peak-to-trough decline	-94.75%	-99.84%	+5.09%
Max Drawdown (1Y) Largest decline over 1 year	-76.82%	-66.68%	-10.14%
Max Drawdown (5Y) Largest decline over 5 years	-94.49%	-79.78%	-14.71%
Max Drawdown (10Y) Largest decline over 10 years	—	-79.78%	—
Current Drawdown Current decline from peak	-92.44%	-79.78%	-12.66%
Average Drawdown Average peak-to-trough decline	-57.07%	-64.96%	+7.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	45.64%	36.00%	+9.64%

Volatility

DND.TO vs. SYZ.TO - Volatility Comparison

Dye & Durham Limited (DND.TO) has a higher volatility of 21.94% compared to Sylogist Ltd. (SYZ.TO) at 14.48%. This indicates that DND.TO's price experiences larger fluctuations and is considered to be riskier than SYZ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DND.TO	SYZ.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.94%	14.48%	+7.46%
Volatility (6M) Calculated over the trailing 6-month period	70.81%	39.08%	+31.73%
Volatility (1Y) Calculated over the trailing 1-year period	89.59%	49.77%	+39.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	65.47%	41.58%	+23.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	66.68%	36.41%	+30.27%

Financials

DND.TO vs. SYZ.TO - Profitability Comparison

The chart below illustrates the profitability comparison between Dye & Durham Limited and Sylogist Ltd. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

DND.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Dye & Durham Limited reported a gross profit of 39.42M and revenue of 107.02M. Therefore, the gross margin over that period was 36.8%.

SYZ.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Sylogist Ltd. reported a gross profit of 4.00M and revenue of 14.38M. Therefore, the gross margin over that period was 27.8%.

DND.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Dye & Durham Limited reported an operating income of 18.79M and revenue of 107.02M, resulting in an operating margin of 17.6%.

SYZ.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Sylogist Ltd. reported an operating income of -2.88M and revenue of 14.38M, resulting in an operating margin of -20.0%.

DND.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Dye & Durham Limited reported a net income of -21.79M and revenue of 107.02M, resulting in a net margin of -20.4%.

SYZ.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Sylogist Ltd. reported a net income of -907.00K and revenue of 14.38M, resulting in a net margin of -6.3%.