FOOD.TO vs. NVAX
FOOD.TO (Goodfood Market Corp.) and NVAX (Novavax, Inc.) are both stocks. FOOD.TO operates in Personal Services (Consumer Cyclical), while NVAX operates in Biotechnology (Healthcare). Over the past 5 years, FOOD.TO returned -51.67%/yr vs -43.06%/yr for NVAX. At a 0.09 correlation, their price movements are largely independent.
Performance
FOOD.TO vs. NVAX - Performance Comparison
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Different Trading Currencies
FOOD.TO is traded in CAD, while NVAX is traded in USD. To make them comparable, the NVAX values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, FOOD.TO achieves a -37.31% return, which is significantly lower than NVAX's 43.44% return.
FOOD.TO
- 1D
- -4.55%
- 1M
- 2.44%
- YTD
- -37.31%
- 6M
- -8.70%
- 1Y
- 40.00%
- 3Y*
- -25.11%
- 5Y*
- -51.67%
- 10Y*
- —
NVAX
- 1D
- -6.67%
- 1M
- 3.65%
- YTD
- 43.44%
- 6M
- 38.56%
- 1Y
- 38.39%
- 3Y*
- 10.93%
- 5Y*
- -43.06%
- 10Y*
- -22.40%
FOOD.TO vs. NVAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FOOD.TO Goodfood Market Corp. | -37.31% | -11.84% | 55.10% | -45.56% | -88.94% | -66.42% | 287.22% | 17.23% | 8.10% | 7.39% |
NVAX Novavax, Inc. | 43.44% | -20.25% | 81.89% | -54.34% | -92.30% | 27.14% | 2,654.41% | -89.72% | 60.97% | 14.72% |
Correlation
The correlation between FOOD.TO and NVAX is -0.05, 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 | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2017 | 0.09 |
The correlation between FOOD.TO and NVAX shifts across timeframes, from -0.05 (1 year) to 0.09 (all time), reflecting how their relationship changes across market environments.
Fundamentals
FOOD.TO:
CA$20.75M
NVAX:
$1.55B
FOOD.TO:
-CA$0.13
NVAX:
-$0.52
FOOD.TO:
0.20
NVAX:
2.69
FOOD.TO:
CA$105.76M
NVAX:
$596.34M
FOOD.TO:
CA$39.66M
NVAX:
$504.72M
FOOD.TO:
CA$510.00K
NVAX:
-$57.01M
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Return for Risk
FOOD.TO vs. NVAX — Risk / Return Rank
FOOD.TO
NVAX
FOOD.TO vs. NVAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goodfood Market Corp. (FOOD.TO) and Novavax, Inc. (NVAX). 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.
| FOOD.TO | NVAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.16 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.87 | 1.12 | -0.25 |
| Martin ratioReturn relative to average drawdown | 1.58 | 2.12 | -0.54 |
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
| FOOD.TO | NVAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.45 | 0.57 | -0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.67 | -0.41 | -0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.20 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.34 | -0.08 | -0.25 |
Drawdowns
FOOD.TO vs. NVAX - Drawdown Comparison
The maximum FOOD.TO drawdown since its inception was -99.07%, roughly equal to the maximum NVAX drawdown of -98.75%. Use the drawdown chart below to compare losses from any high point for FOOD.TO and NVAX.
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Drawdown Indicators
| FOOD.TO | NVAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.07% | -98.75% | -0.32% |
Max Drawdown (1Y)Largest decline over 1 year | -46.38% | -34.58% | -11.80% |
Max Drawdown (3Y)Largest decline over 3 years | -74.04% | -73.57% | -0.47% |
Max Drawdown (5Y)Largest decline over 5 years | -98.74% | -98.51% | -0.23% |
Max Drawdown (10Y)Largest decline over 10 years | — | -98.75% | — |
Current DrawdownCurrent decline from peak | -98.55% | -96.75% | -1.80% |
Average DrawdownAverage peak-to-trough decline | -58.00% | -71.69% | +13.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.35% | 18.15% | +7.20% |
Volatility
FOOD.TO vs. NVAX - Volatility Comparison
The current volatility for Goodfood Market Corp. (FOOD.TO) is 19.22%, while Novavax, Inc. (NVAX) has a volatility of 24.10%. This indicates that FOOD.TO experiences smaller price fluctuations and is considered to be less risky than NVAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FOOD.TO | NVAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.22% | 24.10% | -4.88% |
Volatility (6M)Calculated over the trailing 6-month period | 49.90% | 50.77% | -0.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 88.46% | 67.89% | +20.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 77.45% | 105.17% | -27.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.80% | 115.09% | -45.29% |
Dividends
FOOD.TO vs. NVAX - Dividend Comparison
Neither FOOD.TO nor NVAX has paid dividends to shareholders.
Financials
FOOD.TO vs. NVAX - Financials Comparison
This section allows you to compare key financial metrics between Goodfood Market Corp. and Novavax, 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
FOOD.TO vs. NVAX - Profitability Comparison
FOOD.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Goodfood Market Corp. reported a gross profit of 5.62M and revenue of 22.51M. Therefore, the gross margin over that period was 25.0%.
NVAX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Novavax, Inc. reported a gross profit of 108.82M and revenue of 139.51M. Therefore, the gross margin over that period was 78.0%.
FOOD.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Goodfood Market Corp. reported an operating income of -2.93M and revenue of 22.51M, resulting in an operating margin of -13.0%.
NVAX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Novavax, Inc. reported an operating income of -15.43M and revenue of 139.51M, resulting in an operating margin of -11.1%.
FOOD.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Goodfood Market Corp. reported a net income of -6.77M and revenue of 22.51M, resulting in a net margin of -30.1%.
NVAX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Novavax, Inc. reported a net income of -9.49M and revenue of 139.51M, resulting in a net margin of -6.8%.
Frequently Asked Questions
FOOD.TO and NVAX have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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