IFC.TO vs. DFY.TO

Last updated Apr 2, 2026

Compare and contrast key facts about Intact Financial Corporation (IFC.TO) and Definity Financial Corp (DFY.TO).

Performance

IFC.TO vs. DFY.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Intact Financial Corporation (IFC.TO) and Definity Financial Corp (DFY.TO). The values are adjusted to include any dividend payments, if applicable.

IFC.TO vs. DFY.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
IFC.TO Intact Financial Corporation	-14.02%	11.22%	31.00%	6.96%	21.06%	-0.87%
DFY.TO Definity Financial Corp	-16.42%	31.30%	57.75%	-0.93%	32.39%	8.69%

Fundamentals

Market Cap IFC.TO : CA$43.48B DFY.TO : CA$7.64B
EPS IFC.TO : CA$18.86 DFY.TO : CA$3.49
PE Ratio IFC.TO : 12.95 DFY.TO : 18.14
PEG Ratio IFC.TO : 0.60 DFY.TO : 1.11
PS Ratio IFC.TO : 1.67 DFY.TO : 1.56
PB Ratio IFC.TO : 2.28 DFY.TO : 1.89
Total Revenue (TTM) IFC.TO : CA$26.07B DFY.TO : CA$4.87B
Gross Profit (TTM) IFC.TO : CA$5.70B DFY.TO : CA$933.70M
EBITDA (TTM) IFC.TO : CA$5.33B DFY.TO : CA$739.00M

Returns By Period

In the year-to-date period, IFC.TO achieves a -14.02% return, which is significantly higher than DFY.TO's -16.42% return.

IFC.TO

• 1D: -3.09%
• 1M: -6.22%
• YTD: -14.02%
• 6M: -7.52%
• 1Y: -16.57%
• 3Y*: 10.31%
• 5Y*: 11.55%
• 10Y*: 12.93%

DFY.TO

• 1D: -3.41%
• 1M: -7.03%
• YTD: -16.42%
• 6M: -9.68%
• 1Y: -1.35%
• 3Y*: 23.06%
• 5Y*: —
• 10Y*: —

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

Return for Risk

IFC.TO vs. DFY.TO — Risk / Return Rank

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

IFC.TO

IFC.TO Risk / Return Rank: 12
IFC.TO Sharpe Ratio Rank: 8
IFC.TO Sortino Ratio Rank: 10
IFC.TO Omega Ratio Rank: 11
IFC.TO Calmar Ratio Rank: 16
IFC.TO Martin Ratio Rank: 16

DFY.TO

DFY.TO Risk / Return Rank: 36
DFY.TO Sharpe Ratio Rank: 38
DFY.TO Sortino Ratio Rank: 31
DFY.TO Omega Ratio Rank: 31
DFY.TO Calmar Ratio Rank: 41
DFY.TO Martin Ratio Rank: 40

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.

IFC.TO vs. DFY.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Intact Financial Corporation (IFC.TO) 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.

	IFC.TO	DFY.TO	Difference
Sharpe ratio Return per unit of total volatility	-0.83	-0.05	-0.77
Sortino ratio Return per unit of downside risk	-1.06	0.10	-1.17
Omega ratio Gain probability vs. loss probability	0.87	1.01	-0.14
Calmar ratio Return relative to maximum drawdown	-0.70	0.00	-0.71
Martin ratio Return relative to average drawdown	-1.25	0.00	-1.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IFC.TO vs. DFY.TO - Sharpe Ratio Comparison

The current IFC.TO Sharpe Ratio is -0.83, which is lower than the DFY.TO Sharpe Ratio of -0.05. The chart below compares the historical Sharpe Ratios of IFC.TO and DFY.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

	IFC.TO	DFY.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.83	-0.05	-0.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	0.99	-0.37

Correlation

The correlation between IFC.TO and DFY.TO is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

IFC.TO vs. DFY.TO - Dividend Comparison

IFC.TO's dividend yield for the trailing twelve months is around 2.24%, more than DFY.TO's 1.23% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IFC.TO Intact Financial Corporation	2.24%	1.86%	1.85%	2.16%	2.05%	2.07%	2.20%	2.16%	2.82%	2.44%	2.41%	2.39%
DFY.TO Definity Financial Corp	1.23%	0.99%	1.09%	1.47%	1.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

IFC.TO vs. DFY.TO - Drawdown Comparison

The maximum IFC.TO drawdown since its inception was -53.53%, which is greater than DFY.TO's maximum drawdown of -19.73%. Use the drawdown chart below to compare losses from any high point for IFC.TO and DFY.TO.

Drawdown Indicators

	IFC.TO	DFY.TO	Difference
Max Drawdown Largest peak-to-trough decline	-53.53%	-19.73%	-33.80%
Max Drawdown (1Y) Largest decline over 1 year	-21.67%	-19.64%	-2.03%
Max Drawdown (5Y) Largest decline over 5 years	-21.67%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-30.57%	—	—
Current Drawdown Current decline from peak	-21.67%	-19.64%	-2.03%
Average Drawdown Average peak-to-trough decline	-8.84%	-6.00%	-2.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.20%	9.83%	+2.37%

Volatility

IFC.TO vs. DFY.TO - Volatility Comparison

Intact Financial Corporation (IFC.TO) and Definity Financial Corp (DFY.TO) have volatilities of 6.72% and 6.60%, 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.

Volatility by Period

	IFC.TO	DFY.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.72%	6.60%	+0.12%
Volatility (6M) Calculated over the trailing 6-month period	14.49%	15.85%	-1.36%
Volatility (1Y) Calculated over the trailing 1-year period	20.19%	24.93%	-4.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.13%	23.34%	-6.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.44%	23.34%	-4.90%

Financials

IFC.TO vs. DFY.TO - Profitability Comparison

The chart below illustrates the profitability comparison between Intact Financial Corporation and Definity Financial Corp over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

IFC.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Intact Financial Corporation reported a gross profit of 1.63B and revenue of 6.64B. Therefore, the gross margin over that period was 24.5%.

DFY.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Definity Financial Corp reported a gross profit of 143.80M and revenue of 1.17B. Therefore, the gross margin over that period was 12.3%.

IFC.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Intact Financial Corporation reported an operating income of 1.21B and revenue of 6.64B, resulting in an operating margin of 18.2%.

DFY.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Definity Financial Corp reported an operating income of 85.90M and revenue of 1.17B, resulting in an operating margin of 7.4%.

IFC.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Intact Financial Corporation reported a net income of 961.00M and revenue of 6.64B, resulting in a net margin of 14.5%.

DFY.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Definity Financial Corp reported a net income of 58.00M and revenue of 1.17B, resulting in a net margin of 5.0%.