EXE.TO vs. AGF-B.TO

Last updated Jun 10, 2026

EXE.TO (Extendicare Inc.) and AGF-B.TO (AGF Management Ltd) are both stocks. EXE.TO operates in Medical Care Facilities (Healthcare), while AGF-B.TO operates in Asset Management (Financial Services). Over the past 10 years, EXE.TO returned 22.41%/yr vs 19.55%/yr for AGF-B.TO. At a 0.22 correlation, their price movements are largely independent.

Performance

EXE.TO vs. AGF-B.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Extendicare Inc. (EXE.TO) and AGF Management Ltd (AGF-B.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EXE.TO achieves a 55.68% return, which is significantly higher than AGF-B.TO's 11.68% return. Over the past 10 years, EXE.TO has outperformed AGF-B.TO with an annualized return of 22.41%, while AGF-B.TO has yielded a comparatively lower 19.55% annualized return.

EXE.TO

• 1D: 0.37%
• 1M: -1.27%
• YTD: 55.68%
• 6M: 45.62%
• 1Y: 137.90%
• 3Y*: 73.39%
• 5Y*: 39.77%
• 10Y*: 22.41%

AGF-B.TO

• 1D: 4.13%
• 1M: 2.99%
• YTD: 11.68%
• 6M: 22.85%
• 1Y: 54.32%
• 3Y*: 40.79%
• 5Y*: 24.16%
• 10Y*: 19.55%

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

EXE.TO vs. AGF-B.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EXE.TO Extendicare Inc.	55.68%	108.12%	54.90%	19.31%	-3.86%	17.26%	-14.91%	40.94%	-26.10%	-2.76%
AGF-B.TO AGF Management Ltd	11.68%	59.26%	45.89%	15.54%	-10.40%	43.95%	1.07%	41.60%	-38.19%	36.77%

Correlation

The correlation between EXE.TO and AGF-B.TO is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (10Y) Calculated over the trailing 10-year period	0.23
Correlation (All Time) Calculated using the full available price history since Nov 10, 2006	0.22

The correlation between EXE.TO and AGF-B.TO shifts across timeframes, from 0.11 (1 year) to 0.23 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap EXE.TO : CA$3.18B AGF-B.TO : CA$1.18B
EPS EXE.TO : CA$1.37 AGF-B.TO : CA$1.73
PE Ratio EXE.TO : 24.08 AGF-B.TO : 10.35
PEG Ratio EXE.TO : 0.33 AGF-B.TO : 0.27
PS Ratio EXE.TO : 1.68 AGF-B.TO : 2.13
PB Ratio EXE.TO : 8.10 AGF-B.TO : 0.98
Total Revenue (TTM) EXE.TO : CA$1.75B AGF-B.TO : CA$561.40M
Gross Profit (TTM) EXE.TO : CA$553.60M AGF-B.TO : CA$342.49M
EBITDA (TTM) EXE.TO : CA$205.13M AGF-B.TO : CA$163.56M

Return for Risk

EXE.TO vs. AGF-B.TO — Risk / Return Rank

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

EXE.TO

EXE.TO Risk / Return Rank: 98
EXE.TO Sharpe Ratio Rank: 98
EXE.TO Sortino Ratio Rank: 99
EXE.TO Omega Ratio Rank: 98
EXE.TO Calmar Ratio Rank: 98
EXE.TO Martin Ratio Rank: 98

AGF-B.TO

AGF-B.TO Risk / Return Rank: 81
AGF-B.TO Sharpe Ratio Rank: 85
AGF-B.TO Sortino Ratio Rank: 78
AGF-B.TO Omega Ratio Rank: 83
AGF-B.TO Calmar Ratio Rank: 77
AGF-B.TO Martin Ratio Rank: 80

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.

EXE.TO vs. AGF-B.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Extendicare Inc. (EXE.TO) and AGF Management Ltd (AGF-B.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.

	EXE.TO	AGF-B.TO	Difference
Sharpe ratio: Return per unit of total volatility	4.12	1.66	+2.46
Sortino ratio: Return per unit of downside risk	5.84	2.08	+3.76
Omega ratio: Gain probability vs. loss probability	1.72	1.32	+0.40
Calmar ratio: Return relative to maximum drawdown	10.08	2.13	+7.95
Martin ratio: Return relative to average drawdown	29.11	6.16	+22.95
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EXE.TO vs. AGF-B.TO - Sharpe Ratio Comparison

The current EXE.TO Sharpe Ratio is 4.12, which is higher than the AGF-B.TO Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of EXE.TO and AGF-B.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EXE.TO	AGF-B.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.12	1.66	+2.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.66	0.83	+0.83
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.88	0.60	+0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.15	+0.25

Drawdowns

EXE.TO vs. AGF-B.TO - Drawdown Comparison

The maximum EXE.TO drawdown since its inception was -79.65%, smaller than the maximum AGF-B.TO drawdown of -85.07%. Use the drawdown chart below to compare losses from any high point for EXE.TO and AGF-B.TO.

Drawdown Indicators

	EXE.TO	AGF-B.TO	Difference
Max Drawdown Largest peak-to-trough decline	-79.65%	-85.07%	+5.42%
Max Drawdown (1Y) Largest decline over 1 year	-13.76%	-25.57%	+11.81%
Max Drawdown (3Y) Largest decline over 3 years	-22.07%	-25.57%	+3.50%
Max Drawdown (5Y) Largest decline over 5 years	-22.07%	-29.90%	+7.83%
Max Drawdown (10Y) Largest decline over 10 years	-46.29%	-65.63%	+19.34%
Current Drawdown Current decline from peak	-3.75%	-12.95%	+9.20%
Average Drawdown Average peak-to-trough decline	-20.42%	-49.83%	+29.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.76%	8.84%	-4.08%

Volatility

EXE.TO vs. AGF-B.TO - Volatility Comparison

Extendicare Inc. (EXE.TO) has a higher volatility of 11.51% compared to AGF Management Ltd (AGF-B.TO) at 7.81%. This indicates that EXE.TO's price experiences larger fluctuations and is considered to be riskier than AGF-B.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EXE.TO	AGF-B.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.51%	7.81%	+3.70%
Volatility (6M) Calculated over the trailing 6-month period	23.69%	27.21%	-3.52%
Volatility (1Y) Calculated over the trailing 1-year period	33.72%	32.92%	+0.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.17%	29.25%	-5.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.67%	32.85%	-7.18%

Dividends

EXE.TO vs. AGF-B.TO - Dividend Comparison

EXE.TO's dividend yield for the trailing twelve months is around 1.55%, less than AGF-B.TO's 2.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AGF-B.TO AGF Management Ltd	2.85%	3.01%	4.26%	5.58%	5.52%	4.07%	5.26%	4.97%	6.64%	3.91%	3.83%	11.35%
EXE.TO Extendicare Inc.	1.55%	2.34%	4.52%	6.59%	7.32%	6.58%	7.23%	5.69%	7.56%	5.25%	4.86%	4.97%

Financials

EXE.TO vs. AGF-B.TO - Profitability Comparison

The chart below illustrates the profitability comparison between Extendicare Inc. and AGF Management Ltd over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

EXE.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Extendicare Inc. reported a gross profit of 58.87M and revenue of 465.22M. Therefore, the gross margin over that period was 12.7%.

AGF-B.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AGF Management Ltd reported a gross profit of 73.16M and revenue of 143.70M. Therefore, the gross margin over that period was 50.9%.

EXE.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Extendicare Inc. reported an operating income of 42.70M and revenue of 465.22M, resulting in an operating margin of 9.2%.

AGF-B.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AGF Management Ltd reported an operating income of 33.41M and revenue of 143.70M, resulting in an operating margin of 23.3%.

EXE.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Extendicare Inc. reported a net income of 40.73M and revenue of 465.22M, resulting in a net margin of 8.8%.

AGF-B.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AGF Management Ltd reported a net income of 18.04M and revenue of 143.70M, resulting in a net margin of 12.6%.

Frequently Asked Questions

Can I hold both EXE.TO and AGF-B.TO in my portfolio?

EXE.TO and AGF-B.TO have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.