INCY vs. GWO.TO
INCY (Incyte Corporation) and GWO.TO (Great-West Lifeco Inc.) are both stocks. INCY operates in Biotechnology (Healthcare), while GWO.TO operates in Insurance - Life (Financial Services). Over the past 10 years, INCY returned 2.27%/yr vs 13.25%/yr for GWO.TO. At a 0.19 correlation, their price movements are largely independent.
Performance
INCY vs. GWO.TO - Performance Comparison
Loading charts...
Different Trading Currencies
INCY is traded in USD, while GWO.TO is traded in CAD. To make them comparable, the GWO.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, INCY achieves a 1.89% return, which is significantly lower than GWO.TO's 18.50% return. Over the past 10 years, INCY has underperformed GWO.TO with an annualized return of 2.27%, while GWO.TO has yielded a comparatively higher 13.25% annualized return.
INCY
- 1D
- -1.70%
- 1M
- 2.11%
- YTD
- 1.89%
- 6M
- 4.07%
- 1Y
- 46.34%
- 3Y*
- 18.14%
- 5Y*
- 3.15%
- 10Y*
- 2.27%
GWO.TO
- 1D
- -2.37%
- 1M
- 3.83%
- YTD
- 18.50%
- 6M
- 27.09%
- 1Y
- 59.19%
- 3Y*
- 32.32%
- 5Y*
- 19.48%
- 10Y*
- 13.25%
INCY vs. GWO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
INCY Incyte Corporation | 1.89% | 43.00% | 10.00% | -21.83% | 9.43% | -15.61% | -0.39% | 37.32% | -32.86% | -5.55% |
GWO.TO Great-West Lifeco Inc. | 18.50% | 55.48% | 5.36% | 51.29% | -17.79% | 31.51% | -0.28% | 29.88% | -22.29% | 11.64% |
Correlation
The correlation between INCY and GWO.TO is 0.04, 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 | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2006 | 0.19 |
The correlation between INCY and GWO.TO shifts across timeframes, from 0.04 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.
Fundamentals
INCY:
$20.82B
GWO.TO:
CA$72.78B
INCY:
$7.06
GWO.TO:
CA$4.85
INCY:
14.26
GWO.TO:
16.53
INCY:
0.01
GWO.TO:
1.84
INCY:
3.81
GWO.TO:
2.13
INCY:
3.70
GWO.TO:
2.69
INCY:
$5.36B
GWO.TO:
CA$34.77B
INCY:
$3.76B
GWO.TO:
CA$15.81B
INCY:
$1.80B
GWO.TO:
CA$6.15B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
INCY vs. GWO.TO — Risk / Return Rank
INCY
GWO.TO
INCY vs. GWO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Incyte Corporation (INCY) and Great-West Lifeco Inc. (GWO.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.
| INCY | GWO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.03 | ||
| Sortino ratioReturn per unit of downside risk | -2.17 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.60 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | 5.09 | -2.55 |
| Martin ratioReturn relative to average drawdown | 5.67 | 19.10 | -13.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| INCY | GWO.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.41 | 3.45 | -2.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.11 | 1.08 | -0.98 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.07 | 0.61 | -0.54 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.34 | -0.14 |
Drawdowns
INCY vs. GWO.TO - Drawdown Comparison
The maximum INCY drawdown since its inception was -98.54%, which is greater than GWO.TO's maximum drawdown of -76.31%. Use the drawdown chart below to compare losses from any high point for INCY and GWO.TO.
Loading charts...
Drawdown Indicators
| INCY | GWO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.54% | -76.31% | -22.23% |
Max Drawdown (1Y)Largest decline over 1 year | -18.33% | -11.68% | -6.65% |
Max Drawdown (3Y)Largest decline over 3 years | -33.83% | -13.33% | -20.50% |
Max Drawdown (5Y)Largest decline over 5 years | -41.53% | -33.34% | -8.19% |
Max Drawdown (10Y)Largest decline over 10 years | -66.47% | -49.31% | -17.16% |
Current DrawdownCurrent decline from peak | -34.08% | -2.37% | -31.71% |
Average DrawdownAverage peak-to-trough decline | -59.91% | -14.29% | -45.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.19% | 3.11% | +5.08% |
Volatility
INCY vs. GWO.TO - Volatility Comparison
Incyte Corporation (INCY) has a higher volatility of 9.23% compared to Great-West Lifeco Inc. (GWO.TO) at 4.85%. This indicates that INCY's price experiences larger fluctuations and is considered to be riskier than GWO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| INCY | GWO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.23% | 4.85% | +4.38% |
Volatility (6M)Calculated over the trailing 6-month period | 23.30% | 12.77% | +10.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.04% | 17.29% | +15.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.41% | 18.09% | +11.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.28% | 21.96% | +12.32% |
Dividends
INCY vs. GWO.TO - Dividend Comparison
INCY has not paid dividends to shareholders, while GWO.TO's dividend yield for the trailing twelve months is around 3.19%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
INCY Incyte Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
INCY vs. GWO.TO - Financials Comparison
This section allows you to compare key financial metrics between Incyte Corporation and Great-West Lifeco 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
INCY vs. GWO.TO - Profitability Comparison
INCY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Incyte Corporation reported a gross profit of 0.00 and revenue of 1.27B. Therefore, the gross margin over that period was 0.0%.
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%.
INCY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Incyte Corporation reported an operating income of 301.12M and revenue of 1.27B, resulting in an operating margin of 23.7%.
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%.
INCY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Incyte Corporation reported a net income of 303.33M and revenue of 1.27B, resulting in a net margin of 23.8%.
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%.
Frequently Asked Questions
INCY and GWO.TO have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for INCY and GWO.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer