IDXX vs. TD.TO
IDXX (IDEXX Laboratories, Inc.) and TD.TO (The Toronto-Dominion Bank) are both stocks. IDXX operates in Diagnostics & Research (Healthcare), while TD.TO operates in Banks - Diversified (Financial Services). Over the past 10 years, IDXX returned 20.14%/yr vs 15.09%/yr for TD.TO. At a 0.25 correlation, their price movements are largely independent.
Performance
IDXX vs. TD.TO - Performance Comparison
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Different Trading Currencies
IDXX is traded in USD, while TD.TO is traded in CAD. To make them comparable, the TD.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 -17.09% return, which is significantly lower than TD.TO's 26.16% return. Over the past 10 years, IDXX has outperformed TD.TO with an annualized return of 20.14%, while TD.TO has yielded a comparatively lower 15.09% annualized return.
IDXX
- 1D
- 0.53%
- 1M
- 6.09%
- YTD
- -17.09%
- 6M
- -20.35%
- 1Y
- 6.45%
- 3Y*
- 6.18%
- 5Y*
- -0.82%
- 10Y*
- 20.14%
TD.TO
- 1D
- 0.81%
- 1M
- 9.89%
- YTD
- 26.16%
- 6M
- 30.50%
- 1Y
- 72.48%
- 3Y*
- 31.02%
- 5Y*
- 15.07%
- 10Y*
- 15.09%
IDXX vs. TD.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDXX IDEXX Laboratories, Inc. | -17.09% | 63.63% | -25.51% | 36.06% | -38.04% | 31.73% | 91.43% | 40.38% | 18.95% | 33.35% |
TD.TO The Toronto-Dominion Bank | 26.16% | 85.53% | -13.39% | 4.83% | -11.62% | 40.22% | 6.24% | 16.46% | -11.97% | 23.52% |
Correlation
The correlation between IDXX and TD.TO is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2006 | 0.25 |
Fundamentals
IDXX:
$18.08
TD.TO:
CA$8.81
IDXX:
31.03
TD.TO:
18.62
IDXX:
2.68
TD.TO:
0.67
IDXX:
7.64
TD.TO:
2.47
IDXX:
$4.45B
TD.TO:
CA$112.59B
IDXX:
$2.76B
TD.TO:
CA$59.48B
IDXX:
$1.52B
TD.TO:
CA$19.98B
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Return for Risk
IDXX vs. TD.TO — Risk / Return Rank
IDXX
TD.TO
IDXX vs. TD.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IDEXX Laboratories, Inc. (IDXX) and The Toronto-Dominion Bank (TD.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.
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.
| IDXX | TD.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.53 | ||
| Sortino ratioReturn per unit of downside risk | -5.01 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.79 | -0.71 |
| Calmar ratioReturn relative to maximum drawdown | 0.21 | 9.96 | -9.75 |
| Martin ratioReturn relative to average drawdown | 0.42 | 39.77 | -39.35 |
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Drawdowns
IDXX vs. TD.TO - Drawdown Comparison
The maximum IDXX drawdown since its inception was -81.42%, which is greater than TD.TO's maximum drawdown of -62.28%. Use the drawdown chart below to compare losses from any high point for IDXX and TD.TO.
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Drawdown Indicators
| IDXX | TD.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.42% | -62.28% | -19.14% |
Max Drawdown (1Y)Largest decline over 1 year | -31.04% | -7.31% | -23.73% |
Max Drawdown (3Y)Largest decline over 3 years | -37.41% | -19.57% | -17.84% |
Max Drawdown (5Y)Largest decline over 5 years | -54.00% | -31.55% | -22.45% |
Max Drawdown (10Y)Largest decline over 10 years | -54.00% | -41.46% | -12.54% |
Current DrawdownCurrent decline from peak | -26.84% | 0.00% | -26.84% |
Average DrawdownAverage peak-to-trough decline | -21.00% | -10.66% | -10.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.39% | 1.83% | +13.56% |
Volatility
IDXX vs. TD.TO - Volatility Comparison
IDEXX Laboratories, Inc. (IDXX) has a higher volatility of 8.02% compared to The Toronto-Dominion Bank (TD.TO) at 5.09%. This indicates that IDXX's price experiences larger fluctuations and is considered to be riskier than TD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IDXX | TD.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.02% | 5.09% | +2.93% |
Volatility (6M)Calculated over the trailing 6-month period | 20.47% | 11.97% | +8.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.63% | 15.54% | +26.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.31% | 18.38% | +16.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.03% | 20.44% | +12.59% |
Dividends
IDXX vs. TD.TO - Dividend Comparison
IDXX has not paid dividends to shareholders, while TD.TO's dividend yield for the trailing twelve months is around 2.60%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDXX IDEXX Laboratories, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TD.TO The Toronto-Dominion Bank | 2.60% | 3.25% | 5.33% | 4.48% | 4.06% | 3.26% | 4.32% | 3.97% | 3.85% | 3.19% | 3.26% | 3.69% |
Financials
IDXX vs. TD.TO - Financials Comparison
This section allows you to compare key financial metrics between IDEXX Laboratories, Inc. and The Toronto-Dominion Bank. 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. TD.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%.
TD.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Toronto-Dominion Bank reported a gross profit of 14.91B and revenue of 27.03B. Therefore, the gross margin over that period was 55.2%.
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%.
TD.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Toronto-Dominion Bank reported an operating income of 5.03B and revenue of 27.03B, resulting in an operating margin of 18.6%.
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%.
TD.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Toronto-Dominion Bank reported a net income of 4.25B and revenue of 27.03B, resulting in a net margin of 15.7%.
Frequently Asked Questions
IDXX and TD.TO have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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