L.TO vs. NVDA
L.TO (Loblaw Companies Limited) and NVDA (NVIDIA Corporation) are both stocks. L.TO operates in Grocery Stores (Consumer Defensive), while NVDA operates in Semiconductors (Technology). Over the past 10 years, L.TO returned 26.38%/yr vs 65.99%/yr for NVDA. At a 0.11 correlation, their price movements are largely independent.
Performance
L.TO vs. NVDA - Performance Comparison
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Different Trading Currencies
L.TO is traded in CAD, while NVDA is traded in USD. To make them comparable, the NVDA 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 4.19% return, which is significantly lower than NVDA's 14.26% return. Over the past 10 years, L.TO has underperformed NVDA with an annualized return of 26.38%, while NVDA has yielded a comparatively higher 65.99% annualized return.
L.TO
- 1D
- 1.51%
- 1M
- -2.79%
- 6M
- 2.69%
- YTD
- 4.19%
- 1Y
- 16.84%
- 3Y*
- 33.86%
- 5Y*
- 32.00%
- 10Y*
- 26.38%
- ALL TIME*
- 20.83%
NVDA
- 1D
- -0.87%
- 1M
- 3.08%
- 6M
- 12.81%
- YTD
- 14.26%
- 1Y
- 23.51%
- 3Y*
- 69.30%
- 5Y*
- 64.11%
- 10Y*
- 65.99%
- ALL TIME*
- 37.37%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$58.34M | CA$76.10M | CA$83.89M | |
| CA$35.05B | CA$38.11B | CA$45.14B |
L.TO vs. NVDA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
L.TO Loblaw Companies Limited | 4.19% | 34.69% | 54.55% | 13.67% | 21.98% | 76.92% | 1.32% | 17.76% | 51.51% | 4.10% |
NVDA NVIDIA Corporation | 14.26% | 32.57% | 194.22% | 230.95% | -47.11% | 125.37% | 117.02% | 69.65% | -25.00% | 69.67% |
Correlation
The correlation between L.TO and NVDA is -0.15, 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 | -0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Aug 23, 2006 | 0.11 |
The correlation between L.TO and NVDA shifts across timeframes, from -0.15 (1 year) to 0.11 (all time), reflecting how their relationship changes across market environments.
Fundamentals
L.TO:
CA$74.90B
NVDA:
$5.01T
L.TO:
CA$3.10
NVDA:
$6.53
L.TO:
20.74
NVDA:
31.70
L.TO:
0.89
NVDA:
19.96
L.TO:
6.95
NVDA:
25.81
L.TO:
CA$64.25B
NVDA:
$253.49B
L.TO:
CA$19.91B
NVDA:
$187.95B
L.TO:
CA$7.21B
NVDA:
$192.76B
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Return for Risk
L.TO vs. NVDA — Risk / Return Rank
L.TO
NVDA
L.TO vs. NVDA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Loblaw Companies Limited (L.TO) and NVIDIA Corporation (NVDA). 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 | NVDA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.13 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.16 | 1.13 | +0.03 |
| Martin ratioReturn relative to average drawdown | 2.61 | 2.39 | +0.22 |
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Drawdowns
L.TO vs. NVDA - Drawdown Comparison
The maximum L.TO drawdown since its inception was -44.67%, smaller than the maximum NVDA drawdown of -80.18%. Use the drawdown chart below to compare losses from any high point for L.TO and NVDA.
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Drawdown Indicators
| L.TO | NVDA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.67% | -80.18% | +35.51% |
Max Drawdown (1Y)Largest decline over 1 year | -14.53% | -20.81% | +6.28% |
Max Drawdown (3Y)Largest decline over 3 years | -14.53% | -38.45% | +23.92% |
Max Drawdown (5Y)Largest decline over 5 years | -14.53% | -63.60% | +49.07% |
Max Drawdown (10Y)Largest decline over 10 years | -18.54% | -63.60% | +45.06% |
Current DrawdownCurrent decline from peak | -6.65% | -9.67% | +3.02% |
Average DrawdownAverage peak-to-trough decline | -7.02% | -28.40% | +21.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.48% | 9.88% | -3.40% |
Volatility
L.TO vs. NVDA - Volatility Comparison
The current volatility for Loblaw Companies Limited (L.TO) is 5.85%, while NVIDIA Corporation (NVDA) has a volatility of 10.34%. This indicates that L.TO experiences smaller price fluctuations and is considered to be less risky than NVDA 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 | NVDA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.85% | 10.34% | -4.49% |
Volatility (6M)Calculated over the trailing 6-month period | 17.06% | 27.37% | -10.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.52% | 35.54% | -14.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.08% | 52.22% | -33.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.47% | 50.53% | -30.06% |
Dividends
L.TO vs. NVDA - Dividend Comparison
L.TO's dividend yield for the trailing twelve months is around 0.90%, more than NVDA's 0.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
L.TO Loblaw Companies Limited | 0.90% | 2.19% | 4.20% | 5.43% | 5.28% | 5.40% | 8.15% | 7.40% | 6.45% | 7.84% | 7.27% | 7.61% |
NVDA NVIDIA Corporation | 0.14% | 0.02% | 0.03% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% |
Financials
L.TO vs. NVDA - Financials Comparison
This section allows you to compare key financial metrics between Loblaw Companies Limited and NVIDIA Corporation. 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
L.TO vs. NVDA - Profitability Comparison
L.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Loblaw Companies Limited reported a gross profit of 4.54B and revenue of 14.48B. Therefore, the gross margin over that period was 31.3%.
NVDA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, NVIDIA Corporation reported a gross profit of 61.16B and revenue of 81.62B. Therefore, the gross margin over that period was 74.9%.
L.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Loblaw Companies Limited reported an operating income of 1.01B and revenue of 14.48B, resulting in an operating margin of 7.0%.
NVDA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, NVIDIA Corporation reported an operating income of 53.54B and revenue of 81.62B, resulting in an operating margin of 65.6%.
L.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Loblaw Companies Limited reported a net income of 594.00M and revenue of 14.48B, resulting in a net margin of 4.1%.
NVDA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, NVIDIA Corporation reported a net income of 58.32B and revenue of 81.62B, resulting in a net margin of 71.5%.
Frequently Asked Questions
L.TO and NVDA have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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