EFX.TO vs. INVX
EFX.TO (Enerflex Ltd.) and INVX (Innovex International, Inc) are both stocks. Both operate in the Oil & Gas Equipment & Services industry within the Energy sector. Over the past 10 years, EFX.TO returned 15.08%/yr vs -6.86%/yr for INVX. At a 0.36 correlation, their price movements are largely independent.
Performance
EFX.TO vs. INVX - Performance Comparison
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Different Trading Currencies
EFX.TO is traded in CAD, while INVX is traded in USD. To make them comparable, the INVX values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, EFX.TO achieves a 70.76% return, which is significantly higher than INVX's 26.65% return. Over the past 10 years, EFX.TO has outperformed INVX with an annualized return of 15.08%, while INVX has yielded a comparatively lower -6.86% annualized return.
EFX.TO
- 1D
- -0.66%
- 1M
- -3.43%
- YTD
- 70.76%
- 6M
- 88.19%
- 1Y
- 253.65%
- 3Y*
- 66.42%
- 5Y*
- 34.72%
- 10Y*
- 15.08%
INVX
- 1D
- -2.06%
- 1M
- 1.74%
- YTD
- 26.65%
- 6M
- 13.38%
- 1Y
- 79.07%
- 3Y*
- 4.13%
- 5Y*
- -3.81%
- 10Y*
- -6.86%
EFX.TO vs. INVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EFX.TO Enerflex Ltd. | 70.76% | 49.76% | 136.45% | -27.27% | 12.93% | 17.98% | -44.71% | -21.19% | 6.74% | -8.14% |
INVX Innovex International, Inc | 26.65% | 49.37% | -34.81% | -16.24% | 47.90% | -34.16% | -37.93% | 48.53% | -31.70% | -25.62% |
Correlation
The correlation between EFX.TO and INVX is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2011 | 0.36 |
Fundamentals
EFX.TO:
CA$4.40B
INVX:
$1.89B
EFX.TO:
CA$0.78
INVX:
$0.75
EFX.TO:
46.12
INVX:
36.51
EFX.TO:
5.04
INVX:
0.11
EFX.TO:
1.53
INVX:
1.94
EFX.TO:
3.86
INVX:
1.83
EFX.TO:
CA$2.90B
INVX:
$976.87M
EFX.TO:
CA$579.44M
INVX:
$280.46M
EFX.TO:
CA$475.56M
INVX:
$157.28M
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Return for Risk
EFX.TO vs. INVX — Risk / Return Rank
EFX.TO
INVX
EFX.TO vs. INVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enerflex Ltd. (EFX.TO) and Innovex International, Inc (INVX). 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.
| EFX.TO | INVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.15 | ||
| Sortino ratioReturn per unit of downside risk | +3.07 | ||
| Omega ratioGain probability vs. loss probability | 1.80 | 1.32 | +0.48 |
| Calmar ratioReturn relative to maximum drawdown | 18.66 | 4.49 | +14.18 |
| Martin ratioReturn relative to average drawdown | 61.86 | 11.15 | +50.71 |
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
| EFX.TO | INVX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 6.13 | 1.98 | +4.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.77 | -0.09 | +0.85 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | -0.15 | +0.49 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | -0.01 | +0.24 |
Drawdowns
EFX.TO vs. INVX - Drawdown Comparison
The maximum EFX.TO drawdown since its inception was -76.30%, smaller than the maximum INVX drawdown of -85.90%. Use the drawdown chart below to compare losses from any high point for EFX.TO and INVX.
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Drawdown Indicators
| EFX.TO | INVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.30% | -85.90% | +9.60% |
Max Drawdown (1Y)Largest decline over 1 year | -13.69% | -17.72% | +4.03% |
Max Drawdown (3Y)Largest decline over 3 years | -48.83% | -56.45% | +7.62% |
Max Drawdown (5Y)Largest decline over 5 years | -53.30% | -64.93% | +11.63% |
Max Drawdown (10Y)Largest decline over 10 years | -76.30% | -79.62% | +3.32% |
Current DrawdownCurrent decline from peak | -6.87% | -70.25% | +63.38% |
Average DrawdownAverage peak-to-trough decline | -31.98% | -45.38% | +13.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.12% | 7.12% | -3.00% |
Volatility
EFX.TO vs. INVX - Volatility Comparison
The current volatility for Enerflex Ltd. (EFX.TO) is 12.64%, while Innovex International, Inc (INVX) has a volatility of 14.09%. This indicates that EFX.TO experiences smaller price fluctuations and is considered to be less risky than INVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EFX.TO | INVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.64% | 14.09% | -1.45% |
Volatility (6M)Calculated over the trailing 6-month period | 34.20% | 29.17% | +5.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.81% | 40.60% | +1.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.65% | 44.73% | +0.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.84% | 44.90% | -0.06% |
Dividends
EFX.TO vs. INVX - Dividend Comparison
EFX.TO's dividend yield for the trailing twelve months is around 0.46%, while INVX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EFX.TO Enerflex Ltd. | 0.46% | 0.74% | 0.79% | 1.63% | 1.17% | 1.11% | 2.67% | 3.52% | 2.44% | 2.28% | 1.99% | 2.56% |
INVX Innovex International, 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
EFX.TO vs. INVX - Financials Comparison
This section allows you to compare key financial metrics between Enerflex Ltd. and Innovex International, 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
EFX.TO vs. INVX - Profitability Comparison
EFX.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Enerflex Ltd. reported a gross profit of 139.67M and revenue of 574.43M. Therefore, the gross margin over that period was 24.3%.
INVX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Innovex International, Inc reported a gross profit of 84.51M and revenue of 239.03M. Therefore, the gross margin over that period was 35.4%.
EFX.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Enerflex Ltd. reported an operating income of 64.92M and revenue of 574.43M, resulting in an operating margin of 11.3%.
INVX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Innovex International, Inc reported an operating income of -21.83M and revenue of 239.03M, resulting in an operating margin of -9.1%.
EFX.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Enerflex Ltd. reported a net income of 42.30M and revenue of 574.43M, resulting in a net margin of 7.4%.
INVX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Innovex International, Inc reported a net income of -16.67M and revenue of 239.03M, resulting in a net margin of -7.0%.
Frequently Asked Questions
EFX.TO and INVX have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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