FTS.TO vs. MA
FTS.TO (Fortis Inc.) and MA (Mastercard Incorporated) are both stocks. FTS.TO operates in Utilities - Regulated Electric (Utilities), while MA operates in Credit Services (Financial Services). Over the past 10 years, FTS.TO returned 10.80%/yr vs 19.66%/yr for MA. At a 0.14 correlation, their price movements are largely independent.
Performance
FTS.TO vs. MA - Performance Comparison
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Different Trading Currencies
FTS.TO is traded in CAD, while MA is traded in USD. To make them comparable, the MA values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, FTS.TO achieves a 13.43% return, which is significantly higher than MA's -12.15% return. Over the past 10 years, FTS.TO has underperformed MA with an annualized return of 10.80%, while MA has yielded a comparatively higher 19.66% annualized return.
FTS.TO
- 1D
- 0.99%
- 1M
- 5.79%
- YTD
- 13.43%
- 6M
- 15.37%
- 1Y
- 25.87%
- 3Y*
- 16.29%
- 5Y*
- 11.27%
- 10Y*
- 10.80%
MA
- 1D
- 0.90%
- 1M
- 0.94%
- YTD
- -12.15%
- 6M
- -12.83%
- 1Y
- -9.88%
- 3Y*
- 11.98%
- 5Y*
- 9.78%
- 10Y*
- 19.66%
FTS.TO vs. MA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FTS.TO Fortis Inc. | 13.43% | 23.93% | 14.24% | 4.76% | -7.87% | 21.81% | 0.04% | 22.71% | 2.74% | 15.29% |
MA Mastercard Incorporated | -12.15% | 4.06% | 34.69% | 20.47% | 3.51% | 1.11% | 17.33% | 52.60% | 35.85% | 37.69% |
Correlation
The correlation between FTS.TO and MA is -0.03, 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 | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.14 |
The correlation between FTS.TO and MA shifts across timeframes, from -0.03 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.
Fundamentals
FTS.TO:
CA$40.48B
MA:
$437.55B
FTS.TO:
CA$3.56
MA:
$17.28
FTS.TO:
22.34
MA:
28.36
FTS.TO:
3.25
MA:
1.65
FTS.TO:
3.30
MA:
13.01
FTS.TO:
1.78
MA:
65.09
FTS.TO:
CA$12.21B
MA:
$33.94B
FTS.TO:
CA$3.98B
MA:
$26.70B
FTS.TO:
CA$5.87B
MA:
$21.23B
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Return for Risk
FTS.TO vs. MA — Risk / Return Rank
FTS.TO
MA
FTS.TO vs. MA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fortis Inc. (FTS.TO) and Mastercard Incorporated (MA). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FTS.TO | MA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.65 | ||
| Sortino ratioReturn per unit of downside risk | +3.65 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 0.90 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 4.33 | -0.68 | +5.02 |
| Martin ratioReturn relative to average drawdown | 10.47 | -1.34 | +11.81 |
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Drawdowns
FTS.TO vs. MA - Drawdown Comparison
The maximum FTS.TO drawdown since its inception was -28.27%, smaller than the maximum MA drawdown of -52.89%. Use the drawdown chart below to compare losses from any high point for FTS.TO and MA.
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Drawdown Indicators
| FTS.TO | MA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.27% | -52.89% | +24.62% |
Max Drawdown (1Y)Largest decline over 1 year | -6.09% | -21.23% | +15.14% |
Max Drawdown (3Y)Largest decline over 3 years | -10.97% | -21.23% | +10.26% |
Max Drawdown (5Y)Largest decline over 5 years | -24.01% | -22.54% | -1.47% |
Max Drawdown (10Y)Largest decline over 10 years | -28.27% | -35.63% | +7.36% |
Current DrawdownCurrent decline from peak | 0.00% | -17.40% | +17.40% |
Average DrawdownAverage peak-to-trough decline | -5.71% | -9.14% | +3.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.51% | 11.01% | -8.50% |
Volatility
FTS.TO vs. MA - Volatility Comparison
The current volatility for Fortis Inc. (FTS.TO) is 4.96%, while Mastercard Incorporated (MA) has a volatility of 6.58%. This indicates that FTS.TO experiences smaller price fluctuations and is considered to be less risky than MA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FTS.TO | MA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.96% | 6.58% | -1.62% |
Volatility (6M)Calculated over the trailing 6-month period | 10.44% | 18.15% | -7.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.12% | 22.87% | -9.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.45% | 24.68% | -10.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.86% | 27.67% | -10.81% |
Dividends
FTS.TO vs. MA - Dividend Comparison
FTS.TO's dividend yield for the trailing twelve months is around 3.18%, more than MA's 0.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTS.TO Fortis Inc. | 3.18% | 3.48% | 3.99% | 4.19% | 4.01% | 3.36% | 3.73% | 3.39% | 3.79% | 3.52% | 3.68% | 3.73% |
MA Mastercard Incorporated | 0.67% | 0.53% | 0.50% | 0.53% | 0.56% | 0.49% | 0.45% | 0.44% | 0.53% | 0.58% | 0.74% | 0.66% |
Financials
FTS.TO vs. MA - Financials Comparison
This section allows you to compare key financial metrics between Fortis Inc. and Mastercard Incorporated. 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
FTS.TO vs. MA - Profitability Comparison
FTS.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fortis Inc. reported a gross profit of 933.00M and revenue of 3.38B. Therefore, the gross margin over that period was 27.6%.
MA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mastercard Incorporated reported a gross profit of 4.91B and revenue of 8.40B. Therefore, the gross margin over that period was 58.4%.
FTS.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fortis Inc. reported an operating income of 933.00M and revenue of 3.38B, resulting in an operating margin of 27.6%.
MA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mastercard Incorporated reported an operating income of 4.91B and revenue of 8.40B, resulting in an operating margin of 58.4%.
FTS.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fortis Inc. reported a net income of 523.00M and revenue of 3.38B, resulting in a net margin of 15.5%.
MA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mastercard Incorporated reported a net income of 3.88B and revenue of 8.40B, resulting in a net margin of 46.2%.
Frequently Asked Questions
FTS.TO and MA have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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