MAL.TO vs. OPXS
MAL.TO (Magellan Aerospace Corporation) and OPXS (Optex Systems Holdings Inc. Common Stock) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, MAL.TO returned 8.84%/yr vs 19.41%/yr for OPXS. At a 0.05 correlation, their price movements are largely independent.
Performance
MAL.TO vs. OPXS - Performance Comparison
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Different Trading Currencies
MAL.TO is traded in CAD, while OPXS is traded in USD. To make them comparable, the OPXS values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, MAL.TO achieves a 74.36% return, which is significantly higher than OPXS's -11.78% return. Over the past 10 years, MAL.TO has underperformed OPXS with an annualized return of 8.84%, while OPXS has yielded a comparatively higher 19.41% annualized return.
MAL.TO
- 1D
- -0.46%
- 1M
- -0.98%
- 6M
- 41.94%
- YTD
- 74.36%
- 1Y
- 80.93%
- 3Y*
- 58.79%
- 5Y*
- 27.74%
- 10Y*
- 8.84%
- ALL TIME*
- 6.57%
OPXS
- 1D
- -4.35%
- 1M
- -6.61%
- 6M
- -16.71%
- YTD
- -11.78%
- 1Y
- -10.72%
- 3Y*
- 56.23%
- 5Y*
- 54.81%
- 10Y*
- 19.41%
- ALL TIME*
- -12.58%
MAL.TO vs. OPXS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MAL.TO Magellan Aerospace Corporation | 74.36% | 85.92% | 29.71% | -20.45% | 3.54% | 18.19% | -33.84% | -3.75% | -27.23% | 18.52% |
OPXS Optex Systems Holdings Inc. Common Stock | -11.78% | 97.27% | 13.52% | 116.90% | 67.75% | 5.00% | -11.79% | 44.18% | 34.21% | 58.81% |
Correlation
The correlation between MAL.TO and OPXS 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 | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since May 4, 2009 | 0.05 |
The correlation between MAL.TO and OPXS shifts across timeframes, from 0.05 (all time) to 0.19 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
MAL.TO:
CA$1.84B
OPXS:
$85.05M
MAL.TO:
CA$0.79
OPXS:
$143.25
MAL.TO:
40.73
OPXS:
0.09
MAL.TO:
0.42
OPXS:
0.00
MAL.TO:
1.72
OPXS:
0.01
MAL.TO:
CA$1.07B
OPXS:
$3.78B
MAL.TO:
CA$151.69M
OPXS:
$1.45B
MAL.TO:
CA$115.01M
OPXS:
$664.48M
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Return for Risk
MAL.TO vs. OPXS — Risk / Return Rank
MAL.TO
OPXS
MAL.TO vs. OPXS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Magellan Aerospace Corporation (MAL.TO) and Optex Systems Holdings Inc. Common Stock (OPXS). 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.
| MAL.TO | OPXS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.87 | ||
| Sortino ratioReturn per unit of downside risk | +2.24 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.03 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 3.82 | -0.25 | +4.07 |
| Martin ratioReturn relative to average drawdown | 10.11 | -0.47 | +10.58 |
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Drawdowns
MAL.TO vs. OPXS - Drawdown Comparison
The maximum MAL.TO drawdown since its inception was -98.40%, roughly equal to the maximum OPXS drawdown of -99.85%. Use the drawdown chart below to compare losses from any high point for MAL.TO and OPXS.
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Drawdown Indicators
| MAL.TO | OPXS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.40% | -99.85% | +1.45% |
Max Drawdown (1Y)Largest decline over 1 year | -21.31% | -43.27% | +21.96% |
Max Drawdown (3Y)Largest decline over 3 years | -22.77% | -45.42% | +22.65% |
Max Drawdown (5Y)Largest decline over 5 years | -35.44% | -45.42% | +9.98% |
Max Drawdown (10Y)Largest decline over 10 years | -75.12% | -75.65% | +0.53% |
Current DrawdownCurrent decline from peak | -14.89% | -96.49% | +81.60% |
Average DrawdownAverage peak-to-trough decline | -45.00% | -95.83% | +50.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.14% | 23.34% | -15.20% |
Volatility
MAL.TO vs. OPXS - Volatility Comparison
Magellan Aerospace Corporation (MAL.TO) has a higher volatility of 17.99% compared to Optex Systems Holdings Inc. Common Stock (OPXS) at 16.77%. This indicates that MAL.TO's price experiences larger fluctuations and is considered to be riskier than OPXS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MAL.TO | OPXS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.99% | 16.77% | +1.22% |
Volatility (6M)Calculated over the trailing 6-month period | 40.70% | 45.81% | -5.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.60% | 69.10% | -21.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.74% | 54.80% | -19.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.77% | 60.50% | -24.73% |
Dividends
MAL.TO vs. OPXS - Dividend Comparison
MAL.TO's dividend yield for the trailing twelve months is around 0.62%, while OPXS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAL.TO Magellan Aerospace Corporation | 0.62% | 0.94% | 0.99% | 1.27% | 2.60% | 4.22% | 4.79% | 2.88% | 2.37% | 1.33% | 1.32% | 1.38% |
OPXS Optex Systems Holdings Inc. Common Stock | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.05% | 3.64% | 0.00% | 0.00% |
Financials
MAL.TO vs. OPXS - Financials Comparison
This section allows you to compare key financial metrics between Magellan Aerospace Corporation and Optex Systems Holdings Inc. Common Stock. 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
MAL.TO vs. OPXS - Profitability Comparison
MAL.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Magellan Aerospace Corporation reported a gross profit of 40.61M and revenue of 285.10M. Therefore, the gross margin over that period was 14.3%.
OPXS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Optex Systems Holdings Inc. Common Stock reported a gross profit of 1.44B and revenue of 3.75B. Therefore, the gross margin over that period was 38.3%.
MAL.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Magellan Aerospace Corporation reported an operating income of 23.24M and revenue of 285.10M, resulting in an operating margin of 8.2%.
OPXS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Optex Systems Holdings Inc. Common Stock reported an operating income of 660.00M and revenue of 3.75B, resulting in an operating margin of 17.6%.
MAL.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Magellan Aerospace Corporation reported a net income of 16.48M and revenue of 285.10M, resulting in a net margin of 5.8%.
OPXS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Optex Systems Holdings Inc. Common Stock reported a net income of 660.00M and revenue of 3.75B, resulting in a net margin of 17.6%.
Frequently Asked Questions
MAL.TO and OPXS 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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