KSI.TO vs. SPOT
KSI.TO (kneat.com, inc.) and SPOT (Spotify Technology S.A.) are both stocks. KSI.TO operates in Health Information Services (Healthcare), while SPOT operates in Internet Content & Information (Communication Services). Over the past 5 years, KSI.TO returned 16.90%/yr vs 18.00%/yr for SPOT. At a 0.08 correlation, their price movements are largely independent.
Performance
KSI.TO vs. SPOT - Performance Comparison
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Different Trading Currencies
KSI.TO is traded in CAD, while SPOT is traded in USD. To make them comparable, the SPOT values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, KSI.TO achieves a 30.89% return, which is significantly higher than SPOT's -15.23% return.
KSI.TO
- 1D
- 0.16%
- 1M
- 26.52%
- YTD
- 30.89%
- 6M
- 46.36%
- 1Y
- -2.42%
- 3Y*
- 34.28%
- 5Y*
- 16.90%
- 10Y*
- —
SPOT
- 1D
- -0.54%
- 1M
- 14.22%
- YTD
- -15.23%
- 6M
- -18.13%
- 1Y
- -29.81%
- 3Y*
- 49.32%
- 5Y*
- 18.00%
- 10Y*
- —
KSI.TO vs. SPOT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
KSI.TO kneat.com, inc. | 30.89% | -16.04% | 92.13% | 14.23% | -32.58% | 40.43% | 2.92% | 179.59% | 6.52% |
SPOT Spotify Technology S.A. | -15.23% | 23.88% | 158.24% | 132.35% | -64.13% | -25.66% | 105.41% | 26.33% | -27.87% |
Correlation
The correlation between KSI.TO and SPOT 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 | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2018 | 0.08 |
The correlation between KSI.TO and SPOT shifts across timeframes, from 0.08 (all time) to 0.19 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
KSI.TO:
CA$616.94M
SPOT:
$100.87B
KSI.TO:
-CA$0.09
SPOT:
€12.94
KSI.TO:
9.23
SPOT:
4.98
KSI.TO:
9.78
SPOT:
10.87
KSI.TO:
CA$66.52M
SPOT:
€17.60B
KSI.TO:
CA$39.98M
SPOT:
€5.68B
KSI.TO:
CA$12.62M
SPOT:
€2.75B
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Return for Risk
KSI.TO vs. SPOT — Risk / Return Rank
KSI.TO
SPOT
KSI.TO vs. SPOT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for kneat.com, inc. (KSI.TO) and Spotify Technology S.A. (SPOT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| KSI.TO | SPOT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.61 | ||
| Sortino ratioReturn per unit of downside risk | +1.05 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 0.90 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.05 | -0.64 | +0.59 |
| Martin ratioReturn relative to average drawdown | -0.09 | -1.11 | +1.02 |
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Drawdowns
KSI.TO vs. SPOT - Drawdown Comparison
The maximum KSI.TO drawdown since its inception was -59.87%, smaller than the maximum SPOT drawdown of -79.28%. Use the drawdown chart below to compare losses from any high point for KSI.TO and SPOT.
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Drawdown Indicators
| KSI.TO | SPOT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.87% | -79.28% | +19.41% |
Max Drawdown (1Y)Largest decline over 1 year | -50.15% | -46.97% | -3.18% |
Max Drawdown (3Y)Largest decline over 3 years | -53.91% | -46.97% | -6.94% |
Max Drawdown (5Y)Largest decline over 5 years | -53.91% | -74.30% | +20.39% |
Current DrawdownCurrent decline from peak | -10.06% | -36.63% | +26.57% |
Average DrawdownAverage peak-to-trough decline | -22.68% | -29.84% | +7.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.59% | 26.83% | +0.76% |
Volatility
KSI.TO vs. SPOT - Volatility Comparison
kneat.com, inc. (KSI.TO) has a higher volatility of 17.82% compared to Spotify Technology S.A. (SPOT) at 16.46%. This indicates that KSI.TO's price experiences larger fluctuations and is considered to be riskier than SPOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KSI.TO | SPOT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.82% | 16.46% | +1.36% |
Volatility (6M)Calculated over the trailing 6-month period | 34.81% | 37.48% | -2.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.43% | 45.31% | +2.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.90% | 47.80% | -1.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.19% | 47.65% | +10.54% |
Dividends
KSI.TO vs. SPOT - Dividend Comparison
Neither KSI.TO nor SPOT has paid dividends to shareholders.
Financials
KSI.TO vs. SPOT - Financials Comparison
This section allows you to compare key financial metrics between kneat.com, inc. and Spotify Technology S.A.. 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
KSI.TO vs. SPOT - Profitability Comparison
KSI.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, kneat.com, inc. reported a gross profit of 10.21M and revenue of 18.00M. Therefore, the gross margin over that period was 56.7%.
SPOT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Spotify Technology S.A. reported a gross profit of 1.51B and revenue of 4.61B. Therefore, the gross margin over that period was 32.9%.
KSI.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, kneat.com, inc. reported an operating income of -2.33M and revenue of 18.00M, resulting in an operating margin of -12.9%.
SPOT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Spotify Technology S.A. reported an operating income of 726.76M and revenue of 4.61B, resulting in an operating margin of 15.8%.
KSI.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, kneat.com, inc. reported a net income of -3.95M and revenue of 18.00M, resulting in a net margin of -21.9%.
SPOT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Spotify Technology S.A. reported a net income of 732.86M and revenue of 4.61B, resulting in a net margin of 15.9%.
Frequently Asked Questions
KSI.TO and SPOT 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.
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