GIB-A.TO vs. NA.TO
GIB-A.TO (CGI Inc) and NA.TO (National Bank of Canada) are both stocks. GIB-A.TO operates in Information Technology Services (Technology), while NA.TO operates in Banks - Diversified (Financial Services). Over the past 10 years, GIB-A.TO returned 4.56%/yr vs 20.59%/yr for NA.TO. At a 0.25 correlation, their price movements are largely independent.
Performance
GIB-A.TO vs. NA.TO - Performance Comparison
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Returns By Period
In the year-to-date period, GIB-A.TO achieves a -25.72% return, which is significantly lower than NA.TO's 19.22% return. Over the past 10 years, GIB-A.TO has underperformed NA.TO with an annualized return of 4.56%, while NA.TO has yielded a comparatively higher 20.59% annualized return.
GIB-A.TO
- 1D
- 0.02%
- 1M
- 1.07%
- YTD
- -25.72%
- 6M
- -26.27%
- 1Y
- -36.07%
- 3Y*
- -12.47%
- 5Y*
- -2.78%
- 10Y*
- 4.56%
NA.TO
- 1D
- 0.45%
- 1M
- -1.12%
- YTD
- 19.22%
- 6M
- 21.37%
- 1Y
- 57.45%
- 3Y*
- 32.85%
- 5Y*
- 21.46%
- 10Y*
- 20.59%
GIB-A.TO vs. NA.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GIB-A.TO CGI Inc | -25.72% | -19.04% | 10.91% | 21.63% | 4.35% | 10.75% | -7.07% | 30.14% | 22.25% | 5.99% |
NA.TO National Bank of Canada | 19.22% | 36.15% | 34.65% | 15.53% | -1.45% | 39.02% | 4.01% | 34.04% | -6.92% | 19.77% |
Correlation
The correlation between GIB-A.TO and NA.TO is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2006 | 0.25 |
The correlation between GIB-A.TO and NA.TO shifts across timeframes, from 0.18 (1 year) to 0.28 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
GIB-A.TO:
CA$20.00B
NA.TO:
CA$79.99B
GIB-A.TO:
CA$7.65
NA.TO:
CA$11.69
GIB-A.TO:
12.27
NA.TO:
17.48
GIB-A.TO:
1.53
NA.TO:
4.89
GIB-A.TO:
1.26
NA.TO:
2.95
GIB-A.TO:
2.00
NA.TO:
2.58
GIB-A.TO:
CA$16.34B
NA.TO:
CA$27.33B
GIB-A.TO:
CA$3.35B
NA.TO:
CA$14.01B
GIB-A.TO:
CA$3.04B
NA.TO:
CA$6.37B
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Return for Risk
GIB-A.TO vs. NA.TO — Risk / Return Rank
GIB-A.TO
NA.TO
GIB-A.TO vs. NA.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CGI Inc (GIB-A.TO) and National Bank of Canada (NA.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.
| GIB-A.TO | NA.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.92 | ||
| Sortino ratioReturn per unit of downside risk | -6.64 | ||
| Omega ratioGain probability vs. loss probability | 0.76 | 1.69 | -0.93 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | 6.46 | -7.30 |
| Martin ratioReturn relative to average drawdown | -1.57 | 21.87 | -23.45 |
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
| GIB-A.TO | NA.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.28 | 3.64 | -4.92 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.13 | 1.23 | -1.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | 0.99 | -0.77 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.75 | -0.20 |
Drawdowns
GIB-A.TO vs. NA.TO - Drawdown Comparison
The maximum GIB-A.TO drawdown since its inception was -50.79%, smaller than the maximum NA.TO drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for GIB-A.TO and NA.TO.
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Drawdown Indicators
| GIB-A.TO | NA.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.79% | -55.45% | +4.66% |
Max Drawdown (1Y)Largest decline over 1 year | -42.78% | -8.99% | -33.79% |
Max Drawdown (3Y)Largest decline over 3 years | -50.79% | -22.58% | -28.21% |
Max Drawdown (5Y)Largest decline over 5 years | -50.79% | -22.58% | -28.21% |
Max Drawdown (10Y)Largest decline over 10 years | -50.79% | -48.22% | -2.57% |
Current DrawdownCurrent decline from peak | -45.59% | -4.23% | -41.36% |
Average DrawdownAverage peak-to-trough decline | -8.43% | -6.76% | -1.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.81% | 2.65% | +20.16% |
Volatility
GIB-A.TO vs. NA.TO - Volatility Comparison
CGI Inc (GIB-A.TO) has a higher volatility of 10.42% compared to National Bank of Canada (NA.TO) at 6.03%. This indicates that GIB-A.TO's price experiences larger fluctuations and is considered to be riskier than NA.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GIB-A.TO | NA.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.42% | 6.03% | +4.39% |
Volatility (6M)Calculated over the trailing 6-month period | 24.66% | 13.72% | +10.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.06% | 15.98% | +12.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.46% | 17.48% | +3.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.26% | 20.97% | +0.29% |
Dividends
GIB-A.TO vs. NA.TO - Dividend Comparison
GIB-A.TO's dividend yield for the trailing twelve months is around 0.70%, less than NA.TO's 2.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GIB-A.TO CGI Inc | 0.70% | 0.49% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NA.TO National Bank of Canada | 2.37% | 2.75% | 3.36% | 4.03% | 4.03% | 3.11% | 3.96% | 3.77% | 4.44% | 3.70% | 4.03% | 5.16% |
Financials
GIB-A.TO vs. NA.TO - Financials Comparison
This section allows you to compare key financial metrics between CGI Inc and National Bank of Canada. 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
GIB-A.TO vs. NA.TO - Profitability Comparison
GIB-A.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CGI Inc reported a gross profit of 682.52M and revenue of 4.16B. Therefore, the gross margin over that period was 16.4%.
NA.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, National Bank of Canada reported a gross profit of 3.66B and revenue of 8.07B. Therefore, the gross margin over that period was 45.4%.
GIB-A.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CGI Inc reported an operating income of 682.52M and revenue of 4.16B, resulting in an operating margin of 16.4%.
NA.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, National Bank of Canada reported an operating income of 1.62B and revenue of 8.07B, resulting in an operating margin of 20.0%.
GIB-A.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CGI Inc reported a net income of 444.72M and revenue of 4.16B, resulting in a net margin of 10.7%.
NA.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, National Bank of Canada reported a net income of 1.23B and revenue of 8.07B, resulting in a net margin of 15.3%.
Frequently Asked Questions
GIB-A.TO and NA.TO have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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