FOOD.TO vs. NVAX

Last updated Apr 2, 2026

Compare and contrast key facts about Goodfood Market Corp. (FOOD.TO) and Novavax, Inc. (NVAX).

Performance

FOOD.TO vs. NVAX - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Goodfood Market Corp. (FOOD.TO) and Novavax, Inc. (NVAX). The values are adjusted to include any dividend payments, if applicable.

FOOD.TO vs. NVAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FOOD.TO Goodfood Market Corp.	-40.30%	-11.84%	55.10%	-45.56%	-88.94%	-66.42%	287.22%	17.23%	8.10%	122.30%
NVAX Novavax, Inc.	20.86%	-20.25%	81.89%	-54.34%	-92.30%	27.14%	2,654.41%	-89.72%	60.97%	-7.85%

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.

Fundamentals

Market Cap FOOD.TO : CA$19.70M NVAX : $1.39B
EPS FOOD.TO : -CA$0.09 NVAX : $2.58
PS Ratio FOOD.TO : 0.17 NVAX : 1.22
Total Revenue (TTM) FOOD.TO : CA$113.76M NVAX : $1.12B
Gross Profit (TTM) FOOD.TO : CA$47.03M NVAX : $1.05B
EBITDA (TTM) FOOD.TO : CA$3.21M NVAX : $452.80M

Returns By Period

In the year-to-date period, FOOD.TO achieves a -40.30% return, which is significantly lower than NVAX's 20.86% return. Over the past 10 years, FOOD.TO has outperformed NVAX with an annualized return of -15.76%, while NVAX has yielded a comparatively lower -22.52% annualized return.

FOOD.TO

• 1D: 0.00%
• 1M: -20.00%
• YTD: -40.30%
• 6M: -33.33%
• 1Y: -6.98%
• 3Y*: -29.05%
• 5Y*: -52.93%
• 10Y*: -15.76%

NVAX

• 1D: -1.61%
• 1M: -19.38%
• YTD: 20.86%
• 6M: -15.82%
• 1Y: 29.87%
• 3Y*: 5.96%
• 5Y*: -45.56%
• 10Y*: -22.52%

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

Return for Risk

FOOD.TO vs. NVAX — Risk / Return Rank

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

FOOD.TO

FOOD.TO Risk / Return Rank: 32
FOOD.TO Sharpe Ratio Rank: 36
FOOD.TO Sortino Ratio Rank: 43
FOOD.TO Omega Ratio Rank: 42
FOOD.TO Calmar Ratio Rank: 19
FOOD.TO Martin Ratio Rank: 18

NVAX

NVAX Risk / Return Rank: 57
NVAX Sharpe Ratio Rank: 56
NVAX Sortino Ratio Rank: 61
NVAX Omega Ratio Rank: 57
NVAX Calmar Ratio Rank: 57
NVAX Martin Ratio Rank: 56

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.

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 ratio Return per unit of total volatility	-0.08	0.39	-0.47
Sortino ratio Return per unit of downside risk	0.57	1.18	-0.61
Omega ratio Gain probability vs. loss probability	1.07	1.14	-0.07
Calmar ratio Return relative to maximum drawdown	-0.64	0.60	-1.25
Martin ratio Return relative to average drawdown	-1.18	1.23	-2.41
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FOOD.TO vs. NVAX - Sharpe Ratio Comparison

The current FOOD.TO Sharpe Ratio is -0.08, which is lower than the NVAX Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of FOOD.TO and NVAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FOOD.TO	NVAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.08	0.39	-0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.69	-0.43	-0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.23	-0.20	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	-0.32	-0.04	-0.29

Correlation

The correlation between FOOD.TO and NVAX is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

FOOD.TO vs. NVAX - Dividend Comparison

Neither FOOD.TO nor NVAX has paid dividends to shareholders.

Tickers have no history of dividend payments

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.

Drawdown Indicators

	FOOD.TO	NVAX	Difference
Max Drawdown Largest peak-to-trough decline	-99.07%	-98.82%	-0.25%
Max Drawdown (1Y) Largest decline over 1 year	-46.38%	-35.94%	-10.44%
Max Drawdown (5Y) Largest decline over 5 years	-98.74%	-98.61%	-0.13%
Max Drawdown (10Y) Largest decline over 10 years	-99.07%	-98.82%	-0.25%
Current Drawdown Current decline from peak	-98.62%	-97.49%	-1.13%
Average Drawdown Average peak-to-trough decline	-59.02%	-70.56%	+11.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.22%	16.94%	+8.28%

Volatility

FOOD.TO vs. NVAX - Volatility Comparison

Goodfood Market Corp. (FOOD.TO) has a higher volatility of 19.31% compared to Novavax, Inc. (NVAX) at 15.42%. This indicates that FOOD.TO's price experiences larger fluctuations and is considered to be riskier than NVAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FOOD.TO	NVAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.31%	15.42%	+3.89%
Volatility (6M) Calculated over the trailing 6-month period	46.89%	47.14%	-0.25%
Volatility (1Y) Calculated over the trailing 1-year period	92.01%	76.62%	+15.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	76.68%	106.14%	-29.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.23%	114.89%	-39.66%

Financials

FOOD.TO vs. NVAX - Profitability Comparison

The chart below illustrates the profitability comparison between Goodfood Market Corp. and Novavax, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

FOOD.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Goodfood Market Corp. reported a gross profit of 10.36M and revenue of 27.54M. Therefore, the gross margin over that period was 37.6%.

NVAX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Novavax, Inc. reported a gross profit of 123.94M and revenue of 147.14M. Therefore, the gross margin over that period was 84.2%.

FOOD.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Goodfood Market Corp. reported an operating income of -496.00K and revenue of 27.54M, resulting in an operating margin of -1.8%.

NVAX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Novavax, Inc. reported an operating income of 9.63M and revenue of 147.14M, resulting in an operating margin of 6.5%.

FOOD.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Goodfood Market Corp. reported a net income of -2.58M and revenue of 27.54M, resulting in a net margin of -9.4%.

NVAX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Novavax, Inc. reported a net income of 17.53M and revenue of 147.14M, resulting in a net margin of 11.9%.