DRX.TO vs. MOD
DRX.TO (ADF Group Inc.) and MOD (Modine Manufacturing Company) are both stocks. DRX.TO operates in Metal Fabrication (Industrials), while MOD operates in Auto Parts (Consumer Cyclical). Over the past 10 years, DRX.TO returned 13.53%/yr vs 40.61%/yr for MOD. At a 0.10 correlation, their price movements are largely independent.
Performance
DRX.TO vs. MOD - Performance Comparison
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Different Trading Currencies
DRX.TO is traded in CAD, while MOD is traded in USD. To make them comparable, the MOD values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, DRX.TO achieves a 11.96% return, which is significantly lower than MOD's 109.91% return. Over the past 10 years, DRX.TO has underperformed MOD with an annualized return of 13.53%, while MOD has yielded a comparatively higher 40.61% annualized return.
DRX.TO
- 1D
- -3.47%
- 1M
- -2.09%
- YTD
- 11.96%
- 6M
- 35.50%
- 1Y
- 54.30%
- 3Y*
- 43.18%
- 5Y*
- 44.18%
- 10Y*
- 13.53%
MOD
- 1D
- -0.19%
- 1M
- 2.91%
- YTD
- 109.91%
- 6M
- 80.27%
- 1Y
- 199.96%
- 3Y*
- 107.50%
- 5Y*
- 78.74%
- 10Y*
- 40.61%
DRX.TO vs. MOD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DRX.TO ADF Group Inc. | 11.96% | -4.88% | 41.10% | 231.76% | 31.96% | 9.42% | 16.92% | 28.41% | -51.53% | -25.31% |
MOD Modine Manufacturing Company | 109.91% | 9.91% | 110.63% | 193.45% | 109.30% | -19.71% | 59.25% | -31.71% | -41.99% | 26.39% |
Correlation
The correlation between DRX.TO and MOD is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2006 | 0.10 |
The correlation between DRX.TO and MOD shifts across timeframes, from 0.10 (all time) to 0.29 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
DRX.TO:
CA$169.54M
MOD:
$14.86B
DRX.TO:
CA$1.07
MOD:
$4.66
DRX.TO:
9.59
MOD:
59.05
DRX.TO:
0.18
MOD:
3.81
DRX.TO:
0.98
MOD:
4.64
DRX.TO:
0.92
MOD:
12.36
DRX.TO:
CA$258.74M
MOD:
$3.18B
DRX.TO:
CA$59.38M
MOD:
$731.10M
DRX.TO:
CA$43.53M
MOD:
$276.90M
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Return for Risk
DRX.TO vs. MOD — Risk / Return Rank
DRX.TO
MOD
DRX.TO vs. MOD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ADF Group Inc. (DRX.TO) and Modine Manufacturing Company (MOD). 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.
| DRX.TO | MOD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.20 | ||
| Sortino ratioReturn per unit of downside risk | -1.27 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.42 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.71 | 7.31 | -5.60 |
| Martin ratioReturn relative to average drawdown | 3.25 | 21.28 | -18.03 |
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
| DRX.TO | MOD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.83 | 3.02 | -2.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | 1.31 | -0.55 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.24 | 0.69 | -0.45 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.21 | 0.00 |
Drawdowns
DRX.TO vs. MOD - Drawdown Comparison
The maximum DRX.TO drawdown since its inception was -91.59%, smaller than the maximum MOD drawdown of -97.44%. Use the drawdown chart below to compare losses from any high point for DRX.TO and MOD.
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Drawdown Indicators
| DRX.TO | MOD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.59% | -97.44% | +5.85% |
Max Drawdown (1Y)Largest decline over 1 year | -31.86% | -27.52% | -4.34% |
Max Drawdown (3Y)Largest decline over 3 years | -74.49% | -51.78% | -22.71% |
Max Drawdown (5Y)Largest decline over 5 years | -74.49% | -54.92% | -19.57% |
Max Drawdown (10Y)Largest decline over 10 years | -82.12% | -86.74% | +4.62% |
Current DrawdownCurrent decline from peak | -49.31% | -9.63% | -39.68% |
Average DrawdownAverage peak-to-trough decline | -61.70% | -48.92% | -12.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.75% | 9.44% | +7.31% |
Volatility
DRX.TO vs. MOD - Volatility Comparison
The current volatility for ADF Group Inc. (DRX.TO) is 13.37%, while Modine Manufacturing Company (MOD) has a volatility of 24.76%. This indicates that DRX.TO experiences smaller price fluctuations and is considered to be less risky than MOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DRX.TO | MOD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.37% | 24.76% | -11.39% |
Volatility (6M)Calculated over the trailing 6-month period | 40.87% | 52.64% | -11.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 66.17% | 66.69% | -0.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.63% | 60.49% | -1.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.73% | 58.79% | -2.06% |
Dividends
DRX.TO vs. MOD - Dividend Comparison
DRX.TO's dividend yield for the trailing twelve months is around 0.39%, while MOD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DRX.TO ADF Group Inc. | 0.39% | 0.43% | 0.31% | 0.29% | 0.95% | 1.24% | 1.34% | 1.54% | 1.94% | 0.93% | 0.69% | 0.68% |
MOD Modine Manufacturing Company | 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
DRX.TO vs. MOD - Financials Comparison
This section allows you to compare key financial metrics between ADF Group Inc. and Modine Manufacturing Company. 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
DRX.TO vs. MOD - Profitability Comparison
DRX.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ADF Group Inc. reported a gross profit of 16.93M and revenue of 78.79M. Therefore, the gross margin over that period was 21.5%.
MOD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Modine Manufacturing Company reported a gross profit of 214.70M and revenue of 954.40M. Therefore, the gross margin over that period was 22.5%.
DRX.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ADF Group Inc. reported an operating income of 9.02M and revenue of 78.79M, resulting in an operating margin of 11.5%.
MOD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Modine Manufacturing Company reported an operating income of 96.40M and revenue of 954.40M, resulting in an operating margin of 10.1%.
DRX.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ADF Group Inc. reported a net income of 6.36M and revenue of 78.79M, resulting in a net margin of 8.1%.
MOD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Modine Manufacturing Company reported a net income of 201.50M and revenue of 954.40M, resulting in a net margin of 21.1%.
Frequently Asked Questions
DRX.TO and MOD have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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