DOL.TO vs. DFY.TO
DOL.TO (Dollarama Inc.) and DFY.TO (Definity Financial Corp) are both stocks. DOL.TO operates in Discount Stores (Consumer Defensive), while DFY.TO operates in Insurance - Property & Casualty (Financial Services). Over the past 3 years, DOL.TO returned 29.38%/yr vs 26.58%/yr for DFY.TO. At a 0.27 correlation, their price movements are largely independent.
Performance
DOL.TO vs. DFY.TO - Performance Comparison
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Returns By Period
In the year-to-date period, DOL.TO achieves a -12.94% return, which is significantly lower than DFY.TO's -7.17% return.
DOL.TO
- 1D
- -1.57%
- 1M
- 2.61%
- YTD
- -12.94%
- 6M
- -11.56%
- 1Y
- 1.54%
- 3Y*
- 29.38%
- 5Y*
- 27.68%
- 10Y*
- 20.00%
DFY.TO
- 1D
- 2.57%
- 1M
- 2.45%
- YTD
- -7.17%
- 6M
- -0.04%
- 1Y
- -4.42%
- 3Y*
- 26.58%
- 5Y*
- —
- 10Y*
- —
DOL.TO vs. DFY.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DOL.TO Dollarama Inc. | -12.94% | 46.59% | 47.34% | 20.96% | 25.45% | 10.09% |
DFY.TO Definity Financial Corp | -7.17% | 31.30% | 57.75% | -0.94% | 32.39% | 5.46% |
Correlation
The correlation between DOL.TO and DFY.TO is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2021 | 0.27 |
Fundamentals
DOL.TO:
CA$48.97B
DFY.TO:
CA$8.56B
DOL.TO:
CA$4.74
DFY.TO:
CA$3.24
DOL.TO:
37.63
DFY.TO:
21.68
DOL.TO:
1.75
DFY.TO:
1.33
DOL.TO:
6.79
DFY.TO:
1.50
DOL.TO:
33.63
DFY.TO:
2.10
DOL.TO:
CA$7.26B
DFY.TO:
CA$5.62B
DOL.TO:
CA$3.13B
DFY.TO:
CA$2.65B
DOL.TO:
CA$2.14B
DFY.TO:
CA$733.60M
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Return for Risk
DOL.TO vs. DFY.TO — Risk / Return Rank
DOL.TO
DFY.TO
DOL.TO vs. DFY.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dollarama Inc. (DOL.TO) and Definity Financial Corp (DFY.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.
| DOL.TO | DFY.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.26 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 0.99 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.08 | -0.21 | +0.29 |
| Martin ratioReturn relative to average drawdown | 0.18 | -0.38 | +0.56 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DOL.TO | DFY.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.07 | -0.20 | +0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.30 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.83 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.27 | 1.06 | +0.21 |
Drawdowns
DOL.TO vs. DFY.TO - Drawdown Comparison
The maximum DOL.TO drawdown since its inception was -44.98%, which is greater than DFY.TO's maximum drawdown of -20.98%. Use the drawdown chart below to compare losses from any high point for DOL.TO and DFY.TO.
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Drawdown Indicators
| DOL.TO | DFY.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.98% | -20.98% | -24.00% |
Max Drawdown (1Y)Largest decline over 1 year | -19.07% | -20.98% | +1.91% |
Max Drawdown (3Y)Largest decline over 3 years | -19.07% | -20.98% | +1.91% |
Max Drawdown (5Y)Largest decline over 5 years | -19.07% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -44.98% | — | — |
Current DrawdownCurrent decline from peak | -13.38% | -10.74% | -2.64% |
Average DrawdownAverage peak-to-trough decline | -6.43% | -6.38% | -0.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.51% | 11.76% | -3.25% |
Volatility
DOL.TO vs. DFY.TO - Volatility Comparison
The current volatility for Dollarama Inc. (DOL.TO) is 6.94%, while Definity Financial Corp (DFY.TO) has a volatility of 8.76%. This indicates that DOL.TO experiences smaller price fluctuations and is considered to be less risky than DFY.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DOL.TO | DFY.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.94% | 8.76% | -1.82% |
Volatility (6M)Calculated over the trailing 6-month period | 18.06% | 17.93% | +0.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.26% | 22.40% | +0.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.48% | 23.51% | -2.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.23% | 23.51% | +0.72% |
Dividends
DOL.TO vs. DFY.TO - Dividend Comparison
DOL.TO's dividend yield for the trailing twelve months is around 0.25%, less than DFY.TO's 1.11% 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% |
DOL.TO Dollarama Inc. | 0.25% | 0.20% | 0.25% | 0.28% | 0.27% | 0.31% | 0.34% | 0.39% | 0.95% | 0.82% | 1.19% | 1.31% |
Financials
DOL.TO vs. DFY.TO - Financials Comparison
This section allows you to compare key financial metrics between Dollarama Inc. and Definity Financial Corp. 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
DOL.TO vs. DFY.TO - Profitability Comparison
DOL.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Dollarama Inc. reported a gross profit of 835.51M and revenue of 2.10B. Therefore, the gross margin over that period was 39.8%.
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%.
DOL.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Dollarama Inc. reported an operating income of 511.68M and revenue of 2.10B, resulting in an operating margin of 24.4%.
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%.
DOL.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Dollarama Inc. reported a net income of 392.46M and revenue of 2.10B, resulting in a net margin of 18.7%.
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%.
Frequently Asked Questions
DOL.TO and DFY.TO have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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