KPT.TO vs. FFN.TO

Last updated Jun 5, 2026

KPT.TO (KP Tissue Inc.) and FFN.TO (North American Financial 15 Split Corp.) are both stocks. KPT.TO operates in Household & Personal Products (Consumer Defensive), while FFN.TO operates in Asset Management (Financial Services). Over the past 10 years, KPT.TO returned 6.35%/yr vs 18.18%/yr for FFN.TO. At a 0.12 correlation, their price movements are largely independent.

Performance

KPT.TO vs. FFN.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in KP Tissue Inc. (KPT.TO) and North American Financial 15 Split Corp. (FFN.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KPT.TO achieves a 27.94% return, which is significantly higher than FFN.TO's 8.26% return. Over the past 10 years, KPT.TO has underperformed FFN.TO with an annualized return of 6.35%, while FFN.TO has yielded a comparatively higher 18.18% annualized return.

KPT.TO

• 1D: 3.37%
• 1M: 13.66%
• YTD: 27.94%
• 6M: 27.33%
• 1Y: 54.74%
• 3Y*: 16.25%
• 5Y*: 12.73%
• 10Y*: 6.35%

FFN.TO

• 1D: 1.86%
• 1M: 6.94%
• YTD: 8.26%
• 6M: 22.43%
• 1Y: 77.02%
• 3Y*: 60.52%
• 5Y*: 21.11%
• 10Y*: 18.18%

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

KPT.TO vs. FFN.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KPT.TO KP Tissue Inc.	27.94%	34.69%	-0.65%	-4.29%	4.25%	3.49%	19.16%	29.51%	-35.12%	-10.12%
FFN.TO North American Financial 15 Split Corp.	8.26%	67.71%	93.70%	8.74%	-38.50%	119.88%	-38.82%	66.25%	-42.19%	9.18%

Correlation

The correlation between KPT.TO and FFN.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	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (10Y) Calculated over the trailing 10-year period	0.14
Correlation (All Time) Calculated using the full available price history since Dec 14, 2012	0.12

Fundamentals

Market Cap KPT.TO : CA$129.00M FFN.TO : CA$615.42M
EPS KPT.TO : CA$0.44 FFN.TO : CA$7.22
PE Ratio KPT.TO : 29.13 FFN.TO : 1.37
PEG Ratio KPT.TO : 0.34 FFN.TO : 0.05
PB Ratio KPT.TO : 1.88 FFN.TO : 1.04
Total Revenue (TTM) KPT.TO : CA$0.00 FFN.TO : CA$465.06M
Gross Profit (TTM) KPT.TO : CA$0.00 FFN.TO : CA$375.35M
EBITDA (TTM) KPT.TO : CA$76.09M FFN.TO : CA$196.23M

Return for Risk

KPT.TO vs. FFN.TO — Risk / Return Rank

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

KPT.TO

KPT.TO Risk / Return Rank: 98
KPT.TO Sharpe Ratio Rank: 97
KPT.TO Sortino Ratio Rank: 98
KPT.TO Omega Ratio Rank: 97
KPT.TO Calmar Ratio Rank: 97
KPT.TO Martin Ratio Rank: 98

FFN.TO

FFN.TO Risk / Return Rank: 93
FFN.TO Sharpe Ratio Rank: 96
FFN.TO Sortino Ratio Rank: 94
FFN.TO Omega Ratio Rank: 96
FFN.TO Calmar Ratio Rank: 86
FFN.TO Martin Ratio Rank: 92

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.

KPT.TO vs. FFN.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KP Tissue Inc. (KPT.TO) and North American Financial 15 Split Corp. (FFN.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.

	KPT.TO	FFN.TO	Difference
Sharpe ratio: Return per unit of total volatility	3.81	3.43	+0.38
Sortino ratio: Return per unit of downside risk	5.52	3.83	+1.69
Omega ratio: Gain probability vs. loss probability	1.70	1.66	+0.05
Calmar ratio: Return relative to maximum drawdown	9.98	3.61	+6.36
Martin ratio: Return relative to average drawdown	31.31	14.20	+17.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KPT.TO vs. FFN.TO - Sharpe Ratio Comparison

The current KPT.TO Sharpe Ratio is 3.81, which is comparable to the FFN.TO Sharpe Ratio of 3.43. The chart below compares the historical Sharpe Ratios of KPT.TO and FFN.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	KPT.TO	FFN.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.81	3.43	+0.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	0.60	+0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.28	0.44	-0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	0.00	+0.19

Drawdowns

KPT.TO vs. FFN.TO - Drawdown Comparison

The maximum KPT.TO drawdown since its inception was -54.78%, smaller than the maximum FFN.TO drawdown of -88.78%. Use the drawdown chart below to compare losses from any high point for KPT.TO and FFN.TO.

Drawdown Indicators

	KPT.TO	FFN.TO	Difference
Max Drawdown Largest peak-to-trough decline	-54.78%	-88.78%	+34.00%
Max Drawdown (1Y) Largest decline over 1 year	-5.50%	-21.05%	+15.55%
Max Drawdown (3Y) Largest decline over 3 years	-21.30%	-43.09%	+21.79%
Max Drawdown (5Y) Largest decline over 5 years	-25.88%	-64.95%	+39.07%
Max Drawdown (10Y) Largest decline over 10 years	-54.78%	-66.99%	+12.21%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-16.99%	-25.88%	+8.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.75%	5.35%	-3.60%

Volatility

KPT.TO vs. FFN.TO - Volatility Comparison

KP Tissue Inc. (KPT.TO) has a higher volatility of 4.14% compared to North American Financial 15 Split Corp. (FFN.TO) at 3.60%. This indicates that KPT.TO's price experiences larger fluctuations and is considered to be riskier than FFN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KPT.TO	FFN.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.14%	3.60%	+0.54%
Volatility (6M) Calculated over the trailing 6-month period	9.82%	20.20%	-10.38%
Volatility (1Y) Calculated over the trailing 1-year period	14.39%	22.19%	-7.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.48%	35.63%	-19.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.42%	41.10%	-18.68%

Dividends

KPT.TO vs. FFN.TO - Dividend Comparison

KPT.TO's dividend yield for the trailing twelve months is around 5.58%, less than FFN.TO's 13.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FFN.TO North American Financial 15 Split Corp.	13.77%	14.01%	17.88%	5.12%	13.39%	18.23%	6.63%	17.84%	24.94%	13.79%	7.69%	14.23%
KPT.TO KP Tissue Inc.	5.58%	7.02%	8.75%	7.98%	7.10%	6.92%	6.69%	7.46%	8.92%	5.37%	4.59%	6.18%

Financials

Frequently Asked Questions

Can I hold both KPT.TO and FFN.TO in my portfolio?

KPT.TO and FFN.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.