DOL.TO vs. FTNT
DOL.TO (Dollarama Inc.) and FTNT (Fortinet, Inc.) are both stocks. DOL.TO operates in Discount Stores (Consumer Defensive), while FTNT operates in Software - Infrastructure (Technology). Over the past 10 years, DOL.TO returned 20.60%/yr vs 37.20%/yr for FTNT. At a 0.16 correlation, their price movements are largely independent.
Performance
DOL.TO vs. FTNT - Performance Comparison
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Different Trading Currencies
DOL.TO is traded in CAD, while FTNT is traded in USD. To make them comparable, the FTNT values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, DOL.TO achieves a -6.81% return, which is significantly lower than FTNT's 88.17% return. Over the past 10 years, DOL.TO has underperformed FTNT with an annualized return of 20.60%, while FTNT has yielded a comparatively higher 37.20% annualized return.
DOL.TO
- 1D
- -2.46%
- 1M
- 11.68%
- YTD
- -6.81%
- 6M
- -5.47%
- 1Y
- -1.31%
- 3Y*
- 31.52%
- 5Y*
- 28.29%
- 10Y*
- 20.60%
FTNT
- 1D
- 1.15%
- 1M
- 26.94%
- YTD
- 88.17%
- 6M
- 80.67%
- 1Y
- 47.29%
- 3Y*
- 29.51%
- 5Y*
- 29.88%
- 10Y*
- 37.20%
DOL.TO vs. FTNT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DOL.TO Dollarama Inc. | -6.81% | 46.59% | 47.34% | 20.96% | 25.45% | 22.47% | 16.69% | 38.01% | -37.58% | 61.41% |
FTNT Fortinet, Inc. | 88.17% | -19.79% | 75.09% | 16.87% | -27.67% | 141.85% | 35.82% | 45.34% | 74.76% | 35.23% |
Correlation
The correlation between DOL.TO and FTNT is 0.06, 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 | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2009 | 0.16 |
The correlation between DOL.TO and FTNT shifts across timeframes, from 0.06 (1 year) to 0.17 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
DOL.TO:
CA$52.20B
FTNT:
$108.67B
DOL.TO:
CA$4.86
FTNT:
$2.58
DOL.TO:
39.32
FTNT:
56.81
DOL.TO:
1.83
FTNT:
1.58
DOL.TO:
6.94
FTNT:
15.62
DOL.TO:
38.10
FTNT:
109.80
DOL.TO:
CA$7.58B
FTNT:
$7.11B
DOL.TO:
CA$3.09B
FTNT:
$5.74B
DOL.TO:
CA$2.23B
FTNT:
$2.47B
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Return for Risk
DOL.TO vs. FTNT — Risk / Return Rank
DOL.TO
FTNT
DOL.TO vs. FTNT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dollarama Inc. (DOL.TO) and Fortinet, Inc. (FTNT). 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.
| DOL.TO | FTNT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.10 | ||
| Sortino ratioReturn per unit of downside risk | -1.46 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.24 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | -0.07 | 1.55 | -1.62 |
| Martin ratioReturn relative to average drawdown | -0.15 | 2.33 | -2.48 |
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Drawdowns
DOL.TO vs. FTNT - Drawdown Comparison
The maximum DOL.TO drawdown since its inception was -44.98%, smaller than the maximum FTNT drawdown of -48.49%. Use the drawdown chart below to compare losses from any high point for DOL.TO and FTNT.
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Drawdown Indicators
| DOL.TO | FTNT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.98% | -48.49% | +3.51% |
Max Drawdown (1Y)Largest decline over 1 year | -19.07% | -30.57% | +11.50% |
Max Drawdown (3Y)Largest decline over 3 years | -19.07% | -37.19% | +18.12% |
Max Drawdown (5Y)Largest decline over 5 years | -19.07% | -37.19% | +18.12% |
Max Drawdown (10Y)Largest decline over 10 years | -44.98% | -37.19% | -7.79% |
Current DrawdownCurrent decline from peak | -7.27% | -1.59% | -5.68% |
Average DrawdownAverage peak-to-trough decline | -6.43% | -15.44% | +9.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.61% | 20.37% | -11.76% |
Volatility
DOL.TO vs. FTNT - Volatility Comparison
The current volatility for Dollarama Inc. (DOL.TO) is 11.02%, while Fortinet, Inc. (FTNT) has a volatility of 13.21%. This indicates that DOL.TO experiences smaller price fluctuations and is considered to be less risky than FTNT 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 | FTNT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.02% | 13.21% | -2.19% |
Volatility (6M)Calculated over the trailing 6-month period | 20.17% | 31.93% | -11.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.04% | 45.69% | -22.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.82% | 44.39% | -22.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.39% | 41.46% | -17.07% |
Dividends
DOL.TO vs. FTNT - Dividend Comparison
DOL.TO's dividend yield for the trailing twelve months is around 0.23%, while FTNT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DOL.TO Dollarama Inc. | 0.23% | 0.20% | 0.25% | 0.28% | 0.27% | 0.31% | 0.34% | 0.39% | 0.95% | 0.82% | 1.19% | 1.31% |
FTNT Fortinet, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
DOL.TO vs. FTNT - Financials Comparison
This section allows you to compare key financial metrics between Dollarama Inc. and Fortinet, 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
DOL.TO vs. FTNT - 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 686.75M and revenue of 1.85B. Therefore, the gross margin over that period was 37.2%.
FTNT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fortinet, Inc. reported a gross profit of 1.49B and revenue of 1.85B. Therefore, the gross margin over that period was 80.3%.
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 382.72M and revenue of 1.85B, resulting in an operating margin of 20.7%.
FTNT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fortinet, Inc. reported an operating income of 580.00M and revenue of 1.85B, resulting in an operating margin of 31.4%.
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 302.27M and revenue of 1.85B, resulting in a net margin of 16.4%.
FTNT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fortinet, Inc. reported a net income of 534.50M and revenue of 1.85B, resulting in a net margin of 28.9%.
Frequently Asked Questions
DOL.TO and FTNT have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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