FFH.TO vs. FRFHF
FFH.TO (Fairfax Financial Holdings Limited) and FRFHF (Fairfax Financial Holdings Ltd) are both stocks. Both operate in the Insurance - Property & Casualty industry within the Financial Services sector. Over the past 10 years, FFH.TO returned 14.59%/yr vs 14.56%/yr for FRFHF. Their correlation of 0.90 suggests significant overlap in exposure.
Performance
FFH.TO vs. FRFHF - Performance Comparison
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Different Trading Currencies
FFH.TO is traded in CAD, while FRFHF is traded in USD. To make them comparable, the FRFHF values have been converted to CAD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with FFH.TO having a -16.39% return and FRFHF slightly higher at -16.23%. Both investments have delivered pretty close results over the past 10 years, with FFH.TO having a 14.59% annualized return and FRFHF not far behind at 14.56%.
FFH.TO
- 1D
- 0.16%
- 1M
- -1.84%
- YTD
- -16.39%
- 6M
- -7.73%
- 1Y
- -5.14%
- 3Y*
- 31.57%
- 5Y*
- 32.54%
- 10Y*
- 14.59%
FRFHF
- 1D
- 0.35%
- 1M
- -1.80%
- YTD
- -16.23%
- 6M
- -7.46%
- 1Y
- -4.84%
- 3Y*
- 31.75%
- 5Y*
- 32.59%
- 10Y*
- 14.56%
FFH.TO vs. FRFHF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFH.TO Fairfax Financial Holdings Limited | -16.39% | 32.22% | 66.26% | 54.96% | 31.51% | 47.29% | -27.31% | 3.63% | -8.51% | 5.45% |
FRFHF Fairfax Financial Holdings Ltd | -16.23% | 32.42% | 66.57% | 54.09% | 31.95% | 46.89% | -27.00% | 3.53% | -8.27% | 4.25% |
Correlation
The correlation between FFH.TO and FRFHF is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2009 | 0.90 |
The correlation between FFH.TO and FRFHF has been stable across timeframes, ranging from 0.90 to 0.95 - a consistent structural relationship.
Fundamentals
FFH.TO:
CA$48.51B
FRFHF:
$35.01B
FFH.TO:
CA$205.21
FRFHF:
$218.52
FFH.TO:
10.57
FRFHF:
7.16
FFH.TO:
0.17
FRFHF:
0.18
FFH.TO:
1.63
FRFHF:
1.10
FFH.TO:
1.88
FRFHF:
1.36
FFH.TO:
CA$29.34B
FRFHF:
$29.68B
FFH.TO:
CA$6.18B
FRFHF:
$6.18B
FFH.TO:
CA$7.83B
FRFHF:
$7.97B
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Return for Risk
FFH.TO vs. FRFHF — Risk / Return Rank
FFH.TO
FRFHF
FFH.TO vs. FRFHF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fairfax Financial Holdings Limited (FFH.TO) and Fairfax Financial Holdings Ltd (FRFHF). 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.
| FFH.TO | FRFHF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.98 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | -0.26 | -0.02 |
| Martin ratioReturn relative to average drawdown | -0.63 | -0.60 | -0.04 |
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
| FFH.TO | FRFHF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.23 | -0.22 | -0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.37 | 1.36 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | 0.58 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.65 | -0.18 |
Drawdowns
FFH.TO vs. FRFHF - Drawdown Comparison
The maximum FFH.TO drawdown since its inception was -88.18%, which is greater than FRFHF's maximum drawdown of -56.12%. Use the drawdown chart below to compare losses from any high point for FFH.TO and FRFHF.
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Drawdown Indicators
| FFH.TO | FRFHF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.18% | -56.12% | -32.06% |
Max Drawdown (1Y)Largest decline over 1 year | -18.88% | -18.96% | +0.08% |
Max Drawdown (3Y)Largest decline over 3 years | -18.88% | -18.96% | +0.08% |
Max Drawdown (5Y)Largest decline over 5 years | -18.88% | -18.96% | +0.08% |
Max Drawdown (10Y)Largest decline over 10 years | -56.23% | -56.12% | -0.11% |
Current DrawdownCurrent decline from peak | -16.66% | -16.44% | -0.22% |
Average DrawdownAverage peak-to-trough decline | -27.42% | -11.07% | -16.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.13% | 8.11% | +0.02% |
Volatility
FFH.TO vs. FRFHF - Volatility Comparison
Fairfax Financial Holdings Limited (FFH.TO) has a higher volatility of 6.57% compared to Fairfax Financial Holdings Ltd (FRFHF) at 6.19%. This indicates that FFH.TO's price experiences larger fluctuations and is considered to be riskier than FRFHF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FFH.TO | FRFHF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.57% | 6.19% | +0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 18.41% | 17.68% | +0.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.61% | 22.02% | +0.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.00% | 24.09% | -0.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.57% | 25.38% | +0.19% |
Dividends
FFH.TO vs. FRFHF - Dividend Comparison
FFH.TO's dividend yield for the trailing twelve months is around 0.96%, which matches FRFHF's 0.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFH.TO Fairfax Financial Holdings Limited | 0.96% | 0.82% | 1.01% | 1.10% | 1.56% | 2.05% | 3.01% | 2.17% | 2.07% | 1.97% | 2.24% | 1.82% |
FRFHF Fairfax Financial Holdings Ltd | 0.96% | 0.79% | 1.08% | 1.09% | 1.68% | 2.03% | 2.93% | 2.13% | 2.27% | 1.89% | 2.09% | 2.12% |
Financials
FFH.TO vs. FRFHF - Financials Comparison
This section allows you to compare key financial metrics between Fairfax Financial Holdings Limited and Fairfax Financial Holdings Ltd. 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
FFH.TO vs. FRFHF - Profitability Comparison
FFH.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fairfax Financial Holdings Limited reported a gross profit of 986.70M and revenue of 6.41B. Therefore, the gross margin over that period was 15.4%.
FRFHF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fairfax Financial Holdings Ltd reported a gross profit of 986.70M and revenue of 6.41B. Therefore, the gross margin over that period was 15.4%.
FFH.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fairfax Financial Holdings Limited reported an operating income of 1.04B and revenue of 6.41B, resulting in an operating margin of 16.2%.
FRFHF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fairfax Financial Holdings Ltd reported an operating income of 1.04B and revenue of 6.41B, resulting in an operating margin of 16.2%.
FFH.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fairfax Financial Holdings Limited reported a net income of 695.70M and revenue of 6.41B, resulting in a net margin of 10.9%.
FRFHF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fairfax Financial Holdings Ltd reported a net income of 695.70M and revenue of 6.41B, resulting in a net margin of 10.9%.
Frequently Asked Questions
With a correlation of 0.95, FFH.TO and FRFHF move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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