GWO.TO vs. FAST
GWO.TO (Great-West Lifeco Inc.) and FAST (Fastenal Company) are both stocks. GWO.TO operates in Insurance - Life (Financial Services), while FAST operates in Industrial Distribution (Industrials). Over the past 10 years, GWO.TO returned 14.28%/yr vs 19.38%/yr for FAST. At a 0.25 correlation, their price movements are largely independent.
Performance
GWO.TO vs. FAST - Performance Comparison
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Different Trading Currencies
GWO.TO is traded in CAD, while FAST is traded in USD. To make them comparable, the FAST values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, GWO.TO achieves a 20.66% return, which is significantly higher than FAST's 17.99% return. Over the past 10 years, GWO.TO has underperformed FAST with an annualized return of 14.28%, while FAST has yielded a comparatively higher 19.38% annualized return.
GWO.TO
- 1D
- -2.10%
- 1M
- 5.99%
- YTD
- 20.66%
- 6M
- 28.10%
- 1Y
- 62.42%
- 3Y*
- 34.22%
- 5Y*
- 22.89%
- 10Y*
- 14.28%
FAST
- 1D
- -1.42%
- 1M
- 6.31%
- YTD
- 17.99%
- 6M
- 14.88%
- 1Y
- 13.93%
- 3Y*
- 23.52%
- 5Y*
- 17.82%
- 10Y*
- 19.38%
GWO.TO vs. FAST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GWO.TO Great-West Lifeco Inc. | 20.66% | 48.38% | 14.28% | 47.70% | -12.58% | 31.45% | -2.64% | 24.53% | -15.76% | 4.08% |
FAST Fastenal Company | 17.99% | 8.78% | 23.14% | 37.94% | -19.55% | 33.99% | 33.36% | 39.10% | 6.67% | 11.56% |
Correlation
The correlation between GWO.TO and FAST is 0.05, 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 | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2006 | 0.25 |
The correlation between GWO.TO and FAST shifts across timeframes, from 0.05 (1 year) to 0.25 (all time), reflecting how their relationship changes across market environments.
Fundamentals
GWO.TO:
CA$72.78B
FAST:
$52.94B
GWO.TO:
CA$4.85
FAST:
$1.13
GWO.TO:
16.53
FAST:
40.72
GWO.TO:
1.84
FAST:
4.78
GWO.TO:
2.13
FAST:
6.27
GWO.TO:
2.69
FAST:
13.27
GWO.TO:
CA$34.77B
FAST:
$8.44B
GWO.TO:
CA$15.81B
FAST:
$3.79B
GWO.TO:
CA$6.15B
FAST:
$1.80B
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Return for Risk
GWO.TO vs. FAST — Risk / Return Rank
GWO.TO
FAST
GWO.TO vs. FAST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West Lifeco Inc. (GWO.TO) and Fastenal Company (FAST). 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.
| GWO.TO | FAST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.18 | ||
| Sortino ratioReturn per unit of downside risk | +3.71 | ||
| Omega ratioGain probability vs. loss probability | 1.68 | 1.11 | +0.56 |
| Calmar ratioReturn relative to maximum drawdown | 5.08 | 0.66 | +4.42 |
| Martin ratioReturn relative to average drawdown | 19.12 | 1.24 | +17.88 |
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
| GWO.TO | FAST | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.74 | 0.55 | +3.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.39 | 0.72 | +0.67 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.71 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.53 | -0.10 |
Drawdowns
GWO.TO vs. FAST - Drawdown Comparison
The maximum GWO.TO drawdown since its inception was -67.52%, which is greater than FAST's maximum drawdown of -41.82%. Use the drawdown chart below to compare losses from any high point for GWO.TO and FAST.
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Drawdown Indicators
| GWO.TO | FAST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.52% | -41.82% | -25.70% |
Max Drawdown (1Y)Largest decline over 1 year | -12.34% | -21.13% | +8.79% |
Max Drawdown (3Y)Largest decline over 3 years | -12.82% | -21.13% | +8.31% |
Max Drawdown (5Y)Largest decline over 5 years | -27.64% | -25.58% | -2.06% |
Max Drawdown (10Y)Largest decline over 10 years | -44.96% | -26.95% | -18.01% |
Current DrawdownCurrent decline from peak | -2.10% | -6.94% | +4.84% |
Average DrawdownAverage peak-to-trough decline | -11.31% | -10.62% | -0.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.27% | 11.28% | -8.01% |
Volatility
GWO.TO vs. FAST - Volatility Comparison
The current volatility for Great-West Lifeco Inc. (GWO.TO) is 4.68%, while Fastenal Company (FAST) has a volatility of 6.69%. This indicates that GWO.TO experiences smaller price fluctuations and is considered to be less risky than FAST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GWO.TO | FAST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.68% | 6.69% | -2.01% |
Volatility (6M)Calculated over the trailing 6-month period | 12.31% | 19.62% | -7.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.82% | 25.29% | -8.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.62% | 25.03% | -8.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.75% | 27.50% | -6.75% |
Dividends
GWO.TO vs. FAST - Dividend Comparison
GWO.TO's dividend yield for the trailing twelve months is around 3.19%, more than FAST's 2.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAST Fastenal Company | 2.00% | 2.18% | 2.17% | 2.75% | 2.62% | 1.75% | 2.87% | 2.35% | 2.95% | 2.34% | 2.55% | 2.74% |
GWO.TO Great-West Lifeco Inc. | 3.19% | 3.60% | 4.66% | 4.74% | 6.26% | 4.75% | 5.77% | 4.97% | 5.52% | 4.18% | 3.94% | 3.78% |
Financials
GWO.TO vs. FAST - Financials Comparison
This section allows you to compare key financial metrics between Great-West Lifeco Inc. and Fastenal Company. 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
GWO.TO vs. FAST - Profitability Comparison
GWO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Great-West Lifeco Inc. reported a gross profit of 3.62B and revenue of 7.73B. Therefore, the gross margin over that period was 46.9%.
FAST - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fastenal Company reported a gross profit of 982.90M and revenue of 2.20B. Therefore, the gross margin over that period was 44.6%.
GWO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Great-West Lifeco Inc. reported an operating income of 1.61B and revenue of 7.73B, resulting in an operating margin of 20.8%.
FAST - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fastenal Company reported an operating income of 447.60M and revenue of 2.20B, resulting in an operating margin of 20.3%.
GWO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Great-West Lifeco Inc. reported a net income of 1.24B and revenue of 7.73B, resulting in a net margin of 16.1%.
FAST - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fastenal Company reported a net income of 339.80M and revenue of 2.20B, resulting in a net margin of 15.4%.
Frequently Asked Questions
GWO.TO and FAST have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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