GLXY.TO vs. COIN

Last updated Apr 1, 2026

Compare and contrast key facts about Galaxy Digital Holdings Ltd. (GLXY.TO) and Coinbase Global, Inc. (COIN).

Performance

GLXY.TO vs. COIN - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Galaxy Digital Holdings Ltd. (GLXY.TO) and Coinbase Global, Inc. (COIN). The values are adjusted to include any dividend payments, if applicable.

GLXY.TO vs. COIN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GLXY.TO Galaxy Digital Holdings Ltd.	-8.04%	22.97%	141.92%	166.93%	-82.91%	-36.11%
COIN Coinbase Global, Inc.	-21.74%	-13.10%	55.03%	380.61%	-84.98%	-22.37%

Different Trading Currencies

GLXY.TO is traded in CAD, while COIN is traded in USD. To make them comparable, the COIN values have been converted to CAD using the latest available exchange rates.

Fundamentals

Market Cap GLXY.TO : CA$11.00B COIN : $46.84B
EPS GLXY.TO : CA$1.14 COIN : $4.51
PE Ratio GLXY.TO : 24.85 COIN : 38.75
PEG Ratio GLXY.TO : 0.01 COIN : 0.03
PS Ratio GLXY.TO : 0.18 COIN : 7.59
PB Ratio GLXY.TO : 5.71 COIN : 3.17
Total Revenue (TTM) GLXY.TO : CA$58.24B COIN : $6.43B
Gross Profit (TTM) GLXY.TO : CA$10.84B COIN : $4.96B
EBITDA (TTM) GLXY.TO : CA$10.79B COIN : $1.78B

Returns By Period

In the year-to-date period, GLXY.TO achieves a -8.04% return, which is significantly higher than COIN's -21.74% return.

GLXY.TO

• 1D: 0.00%
• 1M: 0.71%
• YTD: -8.04%
• 6M: -39.96%
• 1Y: 86.29%
• 3Y*: 80.44%
• 5Y*: 0.12%
• 10Y*: 31.02%

COIN

• 1D: 8.47%
• 1M: 1.26%
• YTD: -21.74%
• 6M: -48.31%
• 1Y: -2.00%
• 3Y*: 38.54%
• 5Y*: —
• 10Y*: —

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

Return for Risk

GLXY.TO vs. COIN — Risk / Return Rank

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

GLXY.TO

GLXY.TO Risk / Return Rank: 64
GLXY.TO Sharpe Ratio Rank: 64
GLXY.TO Sortino Ratio Rank: 68
GLXY.TO Omega Ratio Rank: 62
GLXY.TO Calmar Ratio Rank: 64
GLXY.TO Martin Ratio Rank: 62

COIN

COIN Risk / Return Rank: 44
COIN Sharpe Ratio Rank: 42
COIN Sortino Ratio Rank: 46
COIN Omega Ratio Rank: 44
COIN Calmar Ratio Rank: 43
COIN Martin Ratio Rank: 43

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.

GLXY.TO vs. COIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Galaxy Digital Holdings Ltd. (GLXY.TO) and Coinbase Global, Inc. (COIN). 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.

	GLXY.TO	COIN	Difference
Sharpe ratio Return per unit of total volatility	0.61	-0.03	+0.64
Sortino ratio Return per unit of downside risk	1.42	0.54	+0.88
Omega ratio Gain probability vs. loss probability	1.16	1.06	+0.10
Calmar ratio Return relative to maximum drawdown	0.97	-0.04	+1.00
Martin ratio Return relative to average drawdown	2.07	-0.08	+2.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GLXY.TO vs. COIN - Sharpe Ratio Comparison

The current GLXY.TO Sharpe Ratio is 0.61, which is higher than the COIN Sharpe Ratio of -0.03. The chart below compares the historical Sharpe Ratios of GLXY.TO and COIN, 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

	GLXY.TO	COIN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.61	-0.03	+0.64
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.00	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.27	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.11	-0.12	+0.01

Correlation

The correlation between GLXY.TO and COIN is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

GLXY.TO vs. COIN - Dividend Comparison

Neither GLXY.TO nor COIN has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

GLXY.TO vs. COIN - Drawdown Comparison

The maximum GLXY.TO drawdown since its inception was -99.93%, which is greater than COIN's maximum drawdown of -90.07%. Use the drawdown chart below to compare losses from any high point for GLXY.TO and COIN.

Drawdown Indicators

	GLXY.TO	COIN	Difference
Max Drawdown Largest peak-to-trough decline	-99.93%	-90.90%	-9.03%
Max Drawdown (1Y) Largest decline over 1 year	-61.64%	-66.39%	+4.75%
Max Drawdown (5Y) Largest decline over 5 years	-91.88%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-91.88%	—	—
Current Drawdown Current decline from peak	-96.81%	-58.40%	-38.41%
Average Drawdown Average peak-to-trough decline	-93.29%	-49.66%	-43.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.86%	32.50%	-3.64%

Volatility

GLXY.TO vs. COIN - Volatility Comparison

Galaxy Digital Holdings Ltd. (GLXY.TO) has a higher volatility of 29.63% compared to Coinbase Global, Inc. (COIN) at 22.98%. This indicates that GLXY.TO's price experiences larger fluctuations and is considered to be riskier than COIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLXY.TO	COIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	29.63%	22.98%	+6.65%
Volatility (6M) Calculated over the trailing 6-month period	68.05%	51.63%	+16.42%
Volatility (1Y) Calculated over the trailing 1-year period	91.72%	74.49%	+17.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	96.42%	84.40%	+12.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	116.84%	84.40%	+32.44%

Financials

GLXY.TO vs. COIN - Profitability Comparison

The chart below illustrates the profitability comparison between Galaxy Digital Holdings Ltd. and Coinbase Global, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

GLXY.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Galaxy Digital Holdings Ltd. reported a gross profit of -88.68M and revenue of 10.22B. Therefore, the gross margin over that period was -0.9%.

COIN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Coinbase Global, Inc. reported a gross profit of 742.44M and revenue of 1.03B. Therefore, the gross margin over that period was 71.9%.

GLXY.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Galaxy Digital Holdings Ltd. reported an operating income of -224.31M and revenue of 10.22B, resulting in an operating margin of -2.2%.

COIN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Coinbase Global, Inc. reported an operating income of -444.41M and revenue of 1.03B, resulting in an operating margin of -43.1%.

GLXY.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Galaxy Digital Holdings Ltd. reported a net income of -195.42M and revenue of 10.22B, resulting in a net margin of -1.9%.

COIN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Coinbase Global, Inc. reported a net income of -666.73M and revenue of 1.03B, resulting in a net margin of -64.6%.