IVZ vs. CLS.TO
IVZ (Invesco Ltd.) and CLS.TO (Celestica Inc.) are both stocks. IVZ operates in Asset Management (Financial Services), while CLS.TO operates in Electronic Components (Technology). Over the past 10 years, IVZ returned 4.48%/yr vs 43.13%/yr for CLS.TO. At a 0.35 correlation, their price movements are largely independent.
Performance
IVZ vs. CLS.TO - Performance Comparison
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Different Trading Currencies
IVZ is traded in USD, while CLS.TO is traded in CAD. To make them comparable, the CLS.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IVZ achieves a 6.54% return, which is significantly lower than CLS.TO's 30.20% return. Over the past 10 years, IVZ has underperformed CLS.TO with an annualized return of 4.48%, while CLS.TO has yielded a comparatively higher 43.13% annualized return.
IVZ
- 1D
- 0.73%
- 1M
- 0.64%
- YTD
- 6.54%
- 6M
- 8.44%
- 1Y
- 98.16%
- 3Y*
- 25.82%
- 5Y*
- 3.83%
- 10Y*
- 4.48%
CLS.TO
- 1D
- 3.51%
- 1M
- 2.58%
- YTD
- 30.20%
- 6M
- 13.02%
- 1Y
- 218.72%
- 3Y*
- 209.37%
- 5Y*
- 114.69%
- 10Y*
- 43.13%
IVZ vs. CLS.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IVZ Invesco Ltd. | 6.54% | 56.94% | 3.02% | 6.05% | -18.71% | 35.56% | 3.06% | 14.91% | -52.05% | 24.67% |
CLS.TO Celestica Inc. | 30.20% | 220.69% | 215.14% | 160.52% | 1.78% | 37.36% | -2.32% | -6.08% | -16.29% | -11.14% |
Correlation
The correlation between IVZ and CLS.TO is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2006 | 0.35 |
The correlation between IVZ and CLS.TO shifts across timeframes, from 0.18 (1 year) to 0.35 (all time), reflecting how their relationship changes across market environments.
Fundamentals
IVZ:
-$0.62
CLS.TO:
CA$8.28
IVZ:
1.96
CLS.TO:
4.52
IVZ:
$6.38B
CLS.TO:
CA$13.81B
IVZ:
$2.75B
CLS.TO:
CA$1.60B
IVZ:
$1.38B
CLS.TO:
CA$1.36B
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Return for Risk
IVZ vs. CLS.TO — Risk / Return Rank
IVZ
CLS.TO
IVZ vs. CLS.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Ltd. (IVZ) and Celestica Inc. (CLS.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.
| IVZ | CLS.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | +0.54 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.40 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 4.48 | 7.45 | -2.97 |
| Martin ratioReturn relative to average drawdown | 12.09 | 18.87 | -6.78 |
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
| IVZ | CLS.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.82 | 3.07 | -0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.11 | 2.04 | -1.93 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.11 | 0.88 | -0.77 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.43 | -0.25 |
Drawdowns
IVZ vs. CLS.TO - Drawdown Comparison
The maximum IVZ drawdown since its inception was -83.91%, roughly equal to the maximum CLS.TO drawdown of -80.63%. Use the drawdown chart below to compare losses from any high point for IVZ and CLS.TO.
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Drawdown Indicators
| IVZ | CLS.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.91% | -80.63% | -3.28% |
Max Drawdown (1Y)Largest decline over 1 year | -22.03% | -29.56% | +7.53% |
Max Drawdown (3Y)Largest decline over 3 years | -36.52% | -53.42% | +16.90% |
Max Drawdown (5Y)Largest decline over 5 years | -53.40% | -53.42% | +0.02% |
Max Drawdown (10Y)Largest decline over 10 years | -79.72% | -80.63% | +0.91% |
Current DrawdownCurrent decline from peak | -4.93% | -18.17% | +13.24% |
Average DrawdownAverage peak-to-trough decline | -36.00% | -26.18% | -9.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.15% | 11.65% | -3.50% |
Volatility
IVZ vs. CLS.TO - Volatility Comparison
The current volatility for Invesco Ltd. (IVZ) is 9.52%, while Celestica Inc. (CLS.TO) has a volatility of 27.08%. This indicates that IVZ experiences smaller price fluctuations and is considered to be less risky than CLS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IVZ | CLS.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.52% | 27.08% | -17.56% |
Volatility (6M)Calculated over the trailing 6-month period | 25.49% | 55.16% | -29.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.09% | 71.89% | -36.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.58% | 56.76% | -20.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.41% | 49.36% | -9.95% |
Dividends
IVZ vs. CLS.TO - Dividend Comparison
IVZ's dividend yield for the trailing twelve months is around 3.07%, while CLS.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLS.TO Celestica 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% |
IVZ Invesco Ltd. | 3.07% | 3.18% | 4.66% | 6.15% | 4.07% | 2.89% | 4.45% | 6.84% | 7.11% | 3.15% | 3.66% | 3.17% |
Financials
IVZ vs. CLS.TO - Financials Comparison
This section allows you to compare key financial metrics between Invesco Ltd. and Celestica 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
IVZ vs. CLS.TO - Profitability Comparison
IVZ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Invesco Ltd. reported a gross profit of 1.13B and revenue of 1.69B. Therefore, the gross margin over that period was 67.0%.
CLS.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Celestica Inc. reported a gross profit of 437.20M and revenue of 4.05B. Therefore, the gross margin over that period was 10.8%.
IVZ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Invesco Ltd. reported an operating income of -1.46B and revenue of 1.69B, resulting in an operating margin of -86.2%.
CLS.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Celestica Inc. reported an operating income of 267.70M and revenue of 4.05B, resulting in an operating margin of 6.6%.
IVZ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Invesco Ltd. reported a net income of -1.06B and revenue of 1.69B, resulting in a net margin of -62.7%.
CLS.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Celestica Inc. reported a net income of 212.30M and revenue of 4.05B, resulting in a net margin of 5.3%.
Frequently Asked Questions
IVZ and CLS.TO have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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