L.TO vs. AVAV
L.TO (Loblaw Companies Limited) and AVAV (AeroVironment, Inc.) are both stocks. L.TO operates in Grocery Stores (Consumer Defensive), while AVAV operates in Aerospace & Defense (Industrials). Over the past 10 years, L.TO returned 26.65%/yr vs 18.94%/yr for AVAV. At a 0.08 correlation, their price movements are largely independent.
Performance
L.TO vs. AVAV - Performance Comparison
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Different Trading Currencies
L.TO is traded in CAD, while AVAV is traded in USD. To make them comparable, the AVAV values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, L.TO achieves a 2.62% return, which is significantly higher than AVAV's -35.25% return. Over the past 10 years, L.TO has outperformed AVAV with an annualized return of 26.65%, while AVAV has yielded a comparatively lower 18.94% annualized return.
L.TO
- 1D
- -1.11%
- 1M
- 3.42%
- YTD
- 2.62%
- 6M
- 2.89%
- 1Y
- 15.10%
- 3Y*
- 34.35%
- 5Y*
- 33.11%
- 10Y*
- 26.65%
AVAV
- 1D
- -10.31%
- 1M
- -10.63%
- YTD
- -35.25%
- 6M
- -39.10%
- 1Y
- -17.42%
- 3Y*
- 21.54%
- 5Y*
- 9.37%
- 10Y*
- 18.94%
L.TO vs. AVAV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
L.TO Loblaw Companies Limited | 2.62% | 34.69% | 54.55% | 13.67% | 21.98% | 76.92% | 1.32% | 17.76% | 51.51% | 4.10% |
AVAV AeroVironment, Inc. | -35.25% | 50.01% | 32.43% | 43.64% | 46.85% | -28.65% | 37.41% | -12.88% | 31.17% | 95.15% |
Correlation
The correlation between L.TO and AVAV is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.00 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Jan 23, 2007 | 0.08 |
The correlation between L.TO and AVAV shifts across timeframes, from -0.12 (1 year) to 0.08 (all time), reflecting how their relationship changes across market environments.
Fundamentals
L.TO:
CA$74.67B
AVAV:
$7.38B
L.TO:
CA$3.72
AVAV:
-$4.63
L.TO:
0.73
AVAV:
6.15
L.TO:
6.85
AVAV:
1.73
L.TO:
CA$64.25B
AVAV:
$1.19B
L.TO:
CA$19.91B
AVAV:
$104.63M
L.TO:
CA$7.21B
AVAV:
-$242.06M
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Return for Risk
L.TO vs. AVAV — Risk / Return Rank
L.TO
AVAV
L.TO vs. AVAV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Loblaw Companies Limited (L.TO) and AeroVironment, Inc. (AVAV). 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.
| L.TO | AVAV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.95 | ||
| Sortino ratioReturn per unit of downside risk | +0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.02 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.04 | -0.28 | +1.32 |
| Martin ratioReturn relative to average drawdown | 2.43 | -0.48 | +2.92 |
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Drawdowns
L.TO vs. AVAV - Drawdown Comparison
The maximum L.TO drawdown since its inception was -44.67%, smaller than the maximum AVAV drawdown of -63.60%. Use the drawdown chart below to compare losses from any high point for L.TO and AVAV.
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Drawdown Indicators
| L.TO | AVAV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.67% | -63.60% | +18.93% |
Max Drawdown (1Y)Largest decline over 1 year | -14.53% | -62.61% | +48.08% |
Max Drawdown (3Y)Largest decline over 3 years | -14.53% | -62.61% | +48.08% |
Max Drawdown (5Y)Largest decline over 5 years | -14.53% | -62.61% | +48.08% |
Max Drawdown (10Y)Largest decline over 10 years | -18.54% | -62.61% | +44.07% |
Current DrawdownCurrent decline from peak | -8.06% | -62.61% | +54.55% |
Average DrawdownAverage peak-to-trough decline | -7.05% | -31.59% | +24.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.22% | 36.02% | -29.80% |
Volatility
L.TO vs. AVAV - Volatility Comparison
The current volatility for Loblaw Companies Limited (L.TO) is 6.47%, while AeroVironment, Inc. (AVAV) has a volatility of 28.92%. This indicates that L.TO experiences smaller price fluctuations and is considered to be less risky than AVAV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| L.TO | AVAV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.47% | 28.92% | -22.45% |
Volatility (6M)Calculated over the trailing 6-month period | 16.19% | 59.36% | -43.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.21% | 75.62% | -54.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.94% | 56.50% | -37.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.39% | 52.52% | -32.13% |
Dividends
L.TO vs. AVAV - Dividend Comparison
L.TO's dividend yield for the trailing twelve months is around 0.91%, while AVAV has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVAV AeroVironment, 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% |
L.TO Loblaw Companies Limited | 0.91% | 2.19% | 4.20% | 5.43% | 5.28% | 5.40% | 8.15% | 7.40% | 6.45% | 7.84% | 7.27% | 7.61% |
Financials
L.TO vs. AVAV - Financials Comparison
This section allows you to compare key financial metrics between Loblaw Companies Limited and AeroVironment, 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
Frequently Asked Questions
L.TO and AVAV have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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