GSY.TO vs. AC.TO

Last updated Apr 1, 2026

Compare and contrast key facts about goeasy Ltd. (GSY.TO) and Air Canada (AC.TO).

Performance

GSY.TO vs. AC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in goeasy Ltd. (GSY.TO) and Air Canada (AC.TO). The values are adjusted to include any dividend payments, if applicable.

GSY.TO vs. AC.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GSY.TO goeasy Ltd.	-70.88%	-18.20%	10.02%	56.89%	-38.17%	88.94%	45.57%	98.94%	-1.48%	55.88%
AC.TO Air Canada	-6.07%	-13.34%	19.10%	-3.61%	-8.23%	-7.20%	-53.06%	86.86%	0.31%	89.32%

Fundamentals

Market Cap GSY.TO : CA$639.93M AC.TO : CA$5.36B
EPS GSY.TO : CA$13.94 AC.TO : CA$2.07
PE Ratio GSY.TO : 2.74 AC.TO : 8.76
PEG Ratio GSY.TO : 0.10 AC.TO : 0.05
PS Ratio GSY.TO : 0.39 AC.TO : 0.25
PB Ratio GSY.TO : 0.52 AC.TO : 2.07
Total Revenue (TTM) GSY.TO : CA$1.66B AC.TO : CA$22.37B
Gross Profit (TTM) GSY.TO : CA$1.24B AC.TO : CA$6.85B
EBITDA (TTM) GSY.TO : CA$861.41M AC.TO : CA$3.26B

Returns By Period

In the year-to-date period, GSY.TO achieves a -70.88% return, which is significantly lower than AC.TO's -6.07% return. Over the past 10 years, GSY.TO has outperformed AC.TO with an annualized return of 10.66%, while AC.TO has yielded a comparatively lower 7.43% annualized return.

GSY.TO

• 1D: 5.11%
• 1M: -64.40%
• YTD: -70.88%
• 6M: -77.70%
• 1Y: -73.94%
• 3Y*: -23.26%
• 5Y*: -18.48%
• 10Y*: 10.66%

AC.TO

• 1D: 3.48%
• 1M: -12.17%
• YTD: -6.07%
• 6M: 3.19%
• 1Y: 27.88%
• 3Y*: -1.83%
• 5Y*: -7.29%
• 10Y*: 7.43%

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

Return for Risk

GSY.TO vs. AC.TO — Risk / Return Rank

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

GSY.TO

GSY.TO Risk / Return Rank: 5
GSY.TO Sharpe Ratio Rank: 5
GSY.TO Sortino Ratio Rank: 7
GSY.TO Omega Ratio Rank: 2
GSY.TO Calmar Ratio Rank: 9
GSY.TO Martin Ratio Rank: 1

AC.TO

AC.TO Risk / Return Rank: 64
AC.TO Sharpe Ratio Rank: 68
AC.TO Sortino Ratio Rank: 64
AC.TO Omega Ratio Rank: 63
AC.TO Calmar Ratio Rank: 64
AC.TO Martin Ratio Rank: 60

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.

GSY.TO vs. AC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for goeasy Ltd. (GSY.TO) and Air Canada (AC.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.

	GSY.TO	AC.TO	Difference
Sharpe ratio Return per unit of total volatility	-0.98	0.75	-1.73
Sortino ratio Return per unit of downside risk	-1.36	1.31	-2.67
Omega ratio Gain probability vs. loss probability	0.71	1.17	-0.46
Calmar ratio Return relative to maximum drawdown	-0.88	0.98	-1.86
Martin ratio Return relative to average drawdown	-2.28	1.79	-4.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GSY.TO vs. AC.TO - Sharpe Ratio Comparison

The current GSY.TO Sharpe Ratio is -0.98, which is lower than the AC.TO Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of GSY.TO and AC.TO, 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

	GSY.TO	AC.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.98	0.75	-1.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.39	-0.21	-0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	0.18	+0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	-0.01	+0.11

Correlation

The correlation between GSY.TO and AC.TO is 0.18, 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

GSY.TO vs. AC.TO - Dividend Comparison

GSY.TO's dividend yield for the trailing twelve months is around 11.46%, while AC.TO has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GSY.TO goeasy Ltd.	11.46%	4.45%	4.40%	3.99%	4.21%	1.64%	2.62%	1.78%	2.52%	1.94%	2.05%	2.11%
AC.TO Air Canada	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

GSY.TO vs. AC.TO - Drawdown Comparison

The maximum GSY.TO drawdown since its inception was -96.30%, roughly equal to the maximum AC.TO drawdown of -96.09%. Use the drawdown chart below to compare losses from any high point for GSY.TO and AC.TO.

Drawdown Indicators

	GSY.TO	AC.TO	Difference
Max Drawdown Largest peak-to-trough decline	-96.30%	-96.09%	-0.21%
Max Drawdown (1Y) Largest decline over 1 year	-83.95%	-28.90%	-55.05%
Max Drawdown (5Y) Largest decline over 5 years	-83.95%	-55.34%	-28.61%
Max Drawdown (10Y) Largest decline over 10 years	-83.95%	-76.67%	-7.28%
Current Drawdown Current decline from peak	-81.85%	-65.21%	-16.64%
Average Drawdown Average peak-to-trough decline	-43.16%	-56.55%	+13.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	32.38%	15.78%	+16.60%

Volatility

GSY.TO vs. AC.TO - Volatility Comparison

goeasy Ltd. (GSY.TO) has a higher volatility of 89.69% compared to Air Canada (AC.TO) at 10.93%. This indicates that GSY.TO's price experiences larger fluctuations and is considered to be riskier than AC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GSY.TO	AC.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	89.69%	10.93%	+78.76%
Volatility (6M) Calculated over the trailing 6-month period	94.14%	22.57%	+71.57%
Volatility (1Y) Calculated over the trailing 1-year period	75.52%	37.33%	+38.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.31%	35.34%	+11.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.02%	42.55%	+5.47%

Financials

GSY.TO vs. AC.TO - Profitability Comparison

The chart below illustrates the profitability comparison between goeasy Ltd. and Air Canada over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

GSY.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, goeasy Ltd. reported a gross profit of 409.73M and revenue of 440.22M. Therefore, the gross margin over that period was 93.1%.

AC.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Air Canada reported a gross profit of 2.73B and revenue of 5.77B. Therefore, the gross margin over that period was 47.4%.

GSY.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, goeasy Ltd. reported an operating income of 121.30M and revenue of 440.22M, resulting in an operating margin of 27.6%.

AC.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Air Canada reported an operating income of 324.00M and revenue of 5.77B, resulting in an operating margin of 5.6%.

GSY.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, goeasy Ltd. reported a net income of 33.09M and revenue of 440.22M, resulting in a net margin of 7.5%.

AC.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Air Canada reported a net income of 296.00M and revenue of 5.77B, resulting in a net margin of 5.1%.