IMAX vs. NFLX
IMAX (Imax Corp) and NFLX (Netflix, Inc.) are both stocks. Both operate in the Entertainment industry within the Communication Services sector. Over the past 10 years, IMAX returned 1.73%/yr vs 23.40%/yr for NFLX. At a 0.21 correlation, their price movements are largely independent.
Performance
IMAX vs. NFLX - Performance Comparison
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Returns By Period
In the year-to-date period, IMAX achieves a 5.47% return, which is significantly higher than NFLX's -13.05% return. Over the past 10 years, IMAX has underperformed NFLX with an annualized return of 1.73%, while NFLX has yielded a comparatively higher 23.40% annualized return.
IMAX
- 1D
- -3.75%
- 1M
- 10.61%
- YTD
- 5.47%
- 6M
- 16.67%
- 1Y
- 39.56%
- 3Y*
- 29.26%
- 5Y*
- 12.71%
- 10Y*
- 1.73%
NFLX
- 1D
- -2.17%
- 1M
- -10.44%
- YTD
- -13.05%
- 6M
- -21.59%
- 1Y
- -33.07%
- 3Y*
- 26.74%
- 5Y*
- 10.50%
- 10Y*
- 23.40%
IMAX vs. NFLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IMAX Imax Corp | 5.47% | 44.37% | 70.44% | 2.46% | -17.83% | -1.00% | -11.80% | 8.61% | -18.75% | -26.27% |
NFLX Netflix, Inc. | -13.05% | 5.19% | 83.07% | 65.11% | -51.05% | 11.41% | 67.11% | 20.89% | 39.44% | 55.06% |
Correlation
The correlation between IMAX and NFLX is 0.09, 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 | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since May 24, 2002 | 0.21 |
The correlation between IMAX and NFLX shifts across timeframes, from 0.09 (1 year) to 0.26 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
IMAX:
$2.20B
NFLX:
$350.41B
IMAX:
$0.78
NFLX:
$3.09
IMAX:
49.93
NFLX:
26.37
IMAX:
1.82
NFLX:
1.04
IMAX:
5.37
NFLX:
7.52
IMAX:
6.55
NFLX:
11.26
IMAX:
$404.42M
NFLX:
$46.89B
IMAX:
$236.29M
NFLX:
$22.99B
IMAX:
$97.20M
NFLX:
$26.91B
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Return for Risk
IMAX vs. NFLX — Risk / Return Rank
IMAX
NFLX
IMAX vs. NFLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Imax Corp (IMAX) and Netflix, Inc. (NFLX). 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.
| IMAX | NFLX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.02 | -1.00 | +2.02 |
Sortino ratioReturn per unit of downside risk | 1.80 | -1.40 | +3.20 |
Omega ratioGain probability vs. loss probability | 1.22 | 0.82 | +0.40 |
Calmar ratioReturn relative to maximum drawdown | 1.75 | -0.77 | +2.51 |
Martin ratioReturn relative to average drawdown | 4.48 | -1.36 | +5.84 |
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
| IMAX | NFLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.02 | -1.00 | +2.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 0.24 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.04 | 0.57 | -0.53 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.10 | 0.57 | -0.47 |
Drawdowns
IMAX vs. NFLX - Drawdown Comparison
The maximum IMAX drawdown since its inception was -98.20%, which is greater than NFLX's maximum drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for IMAX and NFLX.
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Drawdown Indicators
| IMAX | NFLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.20% | -81.99% | -16.21% |
Max Drawdown (1Y)Largest decline over 1 year | -22.74% | -43.35% | +20.61% |
Max Drawdown (3Y)Largest decline over 3 years | -31.99% | -43.35% | +11.36% |
Max Drawdown (5Y)Largest decline over 5 years | -47.52% | -75.95% | +28.43% |
Max Drawdown (10Y)Largest decline over 10 years | -79.43% | -75.95% | -3.48% |
Current DrawdownCurrent decline from peak | -9.81% | -39.12% | +29.31% |
Average DrawdownAverage peak-to-trough decline | -48.85% | -24.89% | -23.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.86% | 24.34% | -15.48% |
Volatility
IMAX vs. NFLX - Volatility Comparison
Imax Corp (IMAX) has a higher volatility of 18.13% compared to Netflix, Inc. (NFLX) at 7.24%. This indicates that IMAX's price experiences larger fluctuations and is considered to be riskier than NFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IMAX | NFLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.13% | 7.24% | +10.89% |
Volatility (6M)Calculated over the trailing 6-month period | 32.89% | 25.66% | +7.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.96% | 33.14% | +5.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.15% | 43.11% | -2.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.28% | 41.52% | +4.76% |
Dividends
IMAX vs. NFLX - Dividend Comparison
Neither IMAX nor NFLX has paid dividends to shareholders.
Financials
IMAX vs. NFLX - Financials Comparison
This section allows you to compare key financial metrics between Imax Corp and Netflix, Inc.. 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
IMAX vs. NFLX - Profitability Comparison
IMAX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Imax Corp reported a gross profit of 45.81M and revenue of 81.38M. Therefore, the gross margin over that period was 56.3%.
NFLX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Netflix, Inc. reported a gross profit of 6.36B and revenue of 12.25B. Therefore, the gross margin over that period was 51.9%.
IMAX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Imax Corp reported an operating income of 9.95M and revenue of 81.38M, resulting in an operating margin of 12.2%.
NFLX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Netflix, Inc. reported an operating income of 3.96B and revenue of 12.25B, resulting in an operating margin of 32.3%.
IMAX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Imax Corp reported a net income of 10.91M and revenue of 81.38M, resulting in a net margin of 13.4%.
NFLX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Netflix, Inc. reported a net income of 5.28B and revenue of 12.25B, resulting in a net margin of 43.1%.
Frequently Asked Questions
IMAX and NFLX have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IMAX has higher volatility (18.13%) compared to NFLX (7.24%). In terms of maximum drawdown, IMAX dropped -98.20% vs NFLX's -81.99%.
IMAX currently has the higher Sharpe Ratio (1.02 vs -1.00), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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