GSAT vs. TSAT
GSAT (Globalstar, Inc.) and TSAT (Telesat Corporation) are both stocks. GSAT operates in Telecom Services (Communication Services), while TSAT operates in Communication Equipment (Technology). Over the past 3 years, GSAT returned 76.29%/yr vs 70.83%/yr for TSAT. At a 0.28 correlation, their price movements are largely independent.
Performance
GSAT vs. TSAT - Performance Comparison
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Returns By Period
In the year-to-date period, GSAT achieves a 30.75% return, which is significantly lower than TSAT's 53.16% return.
GSAT
- 1D
- -0.75%
- 1M
- -3.84%
- YTD
- 30.75%
- 6M
- 19.78%
- 1Y
- 239.91%
- 3Y*
- 76.29%
- 5Y*
- 24.62%
- 10Y*
- 16.97%
TSAT
- 1D
- -2.28%
- 1M
- -16.69%
- YTD
- 53.16%
- 6M
- 49.11%
- 1Y
- 94.63%
- 3Y*
- 70.83%
- 5Y*
- —
- 10Y*
- —
GSAT vs. TSAT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
GSAT Globalstar, Inc. | 30.75% | 96.59% | 6.70% | 45.86% | 14.66% | -23.18% |
TSAT Telesat Corporation | 53.16% | 77.01% | 57.62% | 39.07% | -73.84% | -40.03% |
Correlation
The correlation between GSAT and TSAT is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 2021 | 0.28 |
The correlation between GSAT and TSAT shifts across timeframes, from 0.25 (3 years) to 0.39 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
GSAT:
$10.25B
TSAT:
$667.62M
GSAT:
-$0.11
TSAT:
-CA$12.12
GSAT:
35.97
TSAT:
2.49
GSAT:
29.90
TSAT:
1.82
GSAT:
$283.02M
TSAT:
CA$388.42M
GSAT:
$95.43M
TSAT:
CA$248.83M
GSAT:
$69.56M
TSAT:
CA$171.33M
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Return for Risk
GSAT vs. TSAT — Risk / Return Rank
GSAT
TSAT
GSAT vs. TSAT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Globalstar, Inc. (GSAT) and Telesat Corporation (TSAT). 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.
| GSAT | TSAT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.33 | ||
| Sortino ratioReturn per unit of downside risk | +1.72 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.24 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 9.10 | 2.89 | +6.21 |
| Martin ratioReturn relative to average drawdown | 22.24 | 5.84 | +16.40 |
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Drawdowns
GSAT vs. TSAT - Drawdown Comparison
The maximum GSAT drawdown since its inception was -99.14%, which is greater than TSAT's maximum drawdown of -87.09%. Use the drawdown chart below to compare losses from any high point for GSAT and TSAT.
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Drawdown Indicators
| GSAT | TSAT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.14% | -87.09% | -12.05% |
Max Drawdown (1Y)Largest decline over 1 year | -26.53% | -32.92% | +6.39% |
Max Drawdown (3Y)Largest decline over 3 years | -50.72% | -67.51% | +16.79% |
Max Drawdown (5Y)Largest decline over 5 years | -67.54% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -89.34% | — | — |
Current DrawdownCurrent decline from peak | -69.63% | -23.82% | -45.81% |
Average DrawdownAverage peak-to-trough decline | -88.36% | -64.40% | -23.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.84% | 16.27% | -5.43% |
Volatility
GSAT vs. TSAT - Volatility Comparison
The current volatility for Globalstar, Inc. (GSAT) is 4.61%, while Telesat Corporation (TSAT) has a volatility of 36.89%. This indicates that GSAT experiences smaller price fluctuations and is considered to be less risky than TSAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GSAT | TSAT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.61% | 36.89% | -32.28% |
Volatility (6M)Calculated over the trailing 6-month period | 41.16% | 65.79% | -24.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.78% | 84.05% | -14.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 77.67% | 78.54% | -0.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 89.82% | 78.54% | +11.28% |
Dividends
GSAT vs. TSAT - Dividend Comparison
Neither GSAT nor TSAT has paid dividends to shareholders.
Financials
GSAT vs. TSAT - Financials Comparison
This section allows you to compare key financial metrics between Globalstar, Inc. and Telesat Corporation. 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
GSAT vs. TSAT - Profitability Comparison
GSAT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Globalstar, Inc. reported a gross profit of 0.00 and revenue of 70.06M. Therefore, the gross margin over that period was 0.0%.
TSAT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Telesat Corporation reported a gross profit of 23.26M and revenue of 87.28M. Therefore, the gross margin over that period was 26.7%.
GSAT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Globalstar, Inc. reported an operating income of 8.17M and revenue of 70.06M, resulting in an operating margin of 11.7%.
TSAT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Telesat Corporation reported an operating income of 3.09M and revenue of 87.28M, resulting in an operating margin of 3.5%.
GSAT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Globalstar, Inc. reported a net income of -20.04M and revenue of 70.06M, resulting in a net margin of -28.6%.
TSAT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Telesat Corporation reported a net income of -45.61M and revenue of 87.28M, resulting in a net margin of -52.3%.
Frequently Asked Questions
GSAT and TSAT have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSAT has higher volatility (36.89%) compared to GSAT (4.61%). In terms of maximum drawdown, GSAT dropped -99.14% vs TSAT's -87.09%.
GSAT currently has the higher Sharpe Ratio (3.47 vs 1.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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