IDXX vs. DFY.TO
IDXX (IDEXX Laboratories, Inc.) and DFY.TO (Definity Financial Corp) are both stocks. IDXX operates in Diagnostics & Research (Healthcare), while DFY.TO operates in Insurance - Property & Casualty (Financial Services). Over the past 3 years, IDXX returned 7.57%/yr vs 24.79%/yr for DFY.TO. At a 0.18 correlation, their price movements are largely independent.
Performance
IDXX vs. DFY.TO - Performance Comparison
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Different Trading Currencies
IDXX is traded in USD, while DFY.TO is traded in CAD. To make them comparable, the DFY.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IDXX achieves a -17.05% return, which is significantly lower than DFY.TO's -8.84% return.
IDXX
- 1D
- -0.18%
- 1M
- 0.19%
- YTD
- -17.05%
- 6M
- -20.59%
- 1Y
- 6.91%
- 3Y*
- 7.57%
- 5Y*
- -0.19%
- 10Y*
- 20.23%
DFY.TO
- 1D
- 2.29%
- 1M
- 0.37%
- YTD
- -8.84%
- 6M
- -0.82%
- 1Y
- -6.32%
- 3Y*
- 24.79%
- 5Y*
- —
- 10Y*
- —
IDXX vs. DFY.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IDXX IDEXX Laboratories, Inc. | -17.05% | 63.63% | -25.51% | 36.06% | -38.04% | 4.85% |
DFY.TO Definity Financial Corp | -8.84% | 37.58% | 45.43% | 1.48% | 24.50% | 4.36% |
Correlation
The correlation between IDXX and DFY.TO is 0.08, 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 | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2021 | 0.18 |
Fundamentals
IDXX:
$18.08
DFY.TO:
CA$3.24
IDXX:
31.04
DFY.TO:
21.68
IDXX:
2.68
DFY.TO:
1.33
IDXX:
7.65
DFY.TO:
1.50
IDXX:
$4.45B
DFY.TO:
CA$5.62B
IDXX:
$2.76B
DFY.TO:
CA$2.65B
IDXX:
$1.52B
DFY.TO:
CA$733.60M
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Return for Risk
IDXX vs. DFY.TO — Risk / Return Rank
IDXX
DFY.TO
IDXX vs. DFY.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IDEXX Laboratories, Inc. (IDXX) and Definity Financial Corp (DFY.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.
| IDXX | DFY.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.45 | ||
| Sortino ratioReturn per unit of downside risk | +0.95 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 0.97 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.22 | -0.29 | +0.51 |
| Martin ratioReturn relative to average drawdown | 0.46 | -0.51 | +0.97 |
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
| IDXX | DFY.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.17 | -0.28 | +0.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.92 | -0.42 |
Drawdowns
IDXX vs. DFY.TO - Drawdown Comparison
The maximum IDXX drawdown since its inception was -81.42%, which is greater than DFY.TO's maximum drawdown of -21.79%. Use the drawdown chart below to compare losses from any high point for IDXX and DFY.TO.
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Drawdown Indicators
| IDXX | DFY.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.42% | -21.79% | -59.63% |
Max Drawdown (1Y)Largest decline over 1 year | -31.04% | -21.79% | -9.25% |
Max Drawdown (3Y)Largest decline over 3 years | -37.41% | -21.79% | -15.62% |
Max Drawdown (5Y)Largest decline over 5 years | -54.00% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -54.00% | — | — |
Current DrawdownCurrent decline from peak | -26.81% | -12.43% | -14.38% |
Average DrawdownAverage peak-to-trough decline | -21.00% | -7.37% | -13.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.03% | 12.49% | +2.54% |
Volatility
IDXX vs. DFY.TO - Volatility Comparison
IDEXX Laboratories, Inc. (IDXX) and Definity Financial Corp (DFY.TO) have volatilities of 8.57% and 8.72%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IDXX | DFY.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.57% | 8.72% | -0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 19.89% | 18.12% | +1.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.46% | 22.65% | +18.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.28% | 24.05% | +11.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.01% | 24.05% | +8.96% |
Dividends
IDXX vs. DFY.TO - Dividend Comparison
IDXX has not paid dividends to shareholders, while DFY.TO's dividend yield for the trailing twelve months is around 1.11%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
DFY.TO Definity Financial Corp | 1.11% | 0.99% | 1.09% | 1.47% | 1.43% |
IDXX IDEXX Laboratories, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
IDXX vs. DFY.TO - Financials Comparison
This section allows you to compare key financial metrics between IDEXX Laboratories, Inc. and Definity Financial Corp. 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
IDXX vs. DFY.TO - Profitability Comparison
IDXX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, IDEXX Laboratories, Inc. reported a gross profit of 722.74M and revenue of 1.14B. Therefore, the gross margin over that period was 63.4%.
DFY.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Definity Financial Corp reported a gross profit of 1.92B and revenue of 1.92B. Therefore, the gross margin over that period was 100.0%.
IDXX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, IDEXX Laboratories, Inc. reported an operating income of 362.59M and revenue of 1.14B, resulting in an operating margin of 31.8%.
DFY.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Definity Financial Corp reported an operating income of 92.20M and revenue of 1.92B, resulting in an operating margin of 4.8%.
IDXX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, IDEXX Laboratories, Inc. reported a net income of 278.45M and revenue of 1.14B, resulting in a net margin of 24.4%.
DFY.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Definity Financial Corp reported a net income of 63.90M and revenue of 1.92B, resulting in a net margin of 3.3%.
Frequently Asked Questions
IDXX and DFY.TO have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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