MAL.TO vs. PNG.V
MAL.TO (Magellan Aerospace Corporation) and PNG.V (Kraken Robotics Inc) are both stocks. MAL.TO operates in Aerospace & Defense (Industrials), while PNG.V operates in Scientific & Technical Instruments (Technology). Over the past 10 years, MAL.TO returned 8.67%/yr vs 42.03%/yr for PNG.V. At a 0.06 correlation, their price movements are largely independent.
Performance
MAL.TO vs. PNG.V - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MAL.TO achieves a 84.10% return, which is significantly higher than PNG.V's 14.84% return. Over the past 10 years, MAL.TO has underperformed PNG.V with an annualized return of 8.67%, while PNG.V has yielded a comparatively higher 42.03% annualized return.
MAL.TO
- 1D
- 6.45%
- 1M
- 26.33%
- YTD
- 84.10%
- 6M
- 104.37%
- 1Y
- 100.74%
- 3Y*
- 62.06%
- 5Y*
- 28.63%
- 10Y*
- 8.67%
PNG.V
- 1D
- -2.78%
- 1M
- 5.60%
- YTD
- 14.84%
- 6M
- 18.17%
- 1Y
- 156.99%
- 3Y*
- 141.78%
- 5Y*
- 62.94%
- 10Y*
- 42.03%
MAL.TO vs. PNG.V - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MAL.TO Magellan Aerospace Corporation | 84.10% | 85.92% | 29.71% | -20.45% | 3.54% | 18.19% | -33.84% | -3.75% | -27.23% | 18.52% |
PNG.V Kraken Robotics Inc | 14.84% | 132.73% | 323.08% | 14.04% | 52.00% | -34.21% | -5.00% | 62.16% | 111.43% | 34.62% |
Correlation
The correlation between MAL.TO and PNG.V is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Feb 14, 2011 | 0.06 |
The correlation between MAL.TO and PNG.V shifts across timeframes, from 0.06 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
MAL.TO:
CA$1.94B
PNG.V:
CA$2.26B
MAL.TO:
CA$0.79
PNG.V:
-CA$0.00
MAL.TO:
1.82
PNG.V:
20.23
MAL.TO:
2.32
PNG.V:
9.54
MAL.TO:
CA$1.07B
PNG.V:
CA$107.79M
MAL.TO:
CA$151.69M
PNG.V:
CA$62.68M
MAL.TO:
CA$115.01M
PNG.V:
CA$12.49M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MAL.TO vs. PNG.V — Risk / Return Rank
MAL.TO
PNG.V
MAL.TO vs. PNG.V - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Magellan Aerospace Corporation (MAL.TO) and Kraken Robotics Inc (PNG.V). 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.
| MAL.TO | PNG.V | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.33 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 4.45 | 4.74 | -0.29 |
| Martin ratioReturn relative to average drawdown | 9.13 | 10.71 | -1.58 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| MAL.TO | PNG.V | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.30 | 2.28 | +0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 1.08 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.25 | 0.61 | -0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.20 | -0.07 |
Drawdowns
MAL.TO vs. PNG.V - Drawdown Comparison
The maximum MAL.TO drawdown since its inception was -98.40%, which is greater than PNG.V's maximum drawdown of -83.33%. Use the drawdown chart below to compare losses from any high point for MAL.TO and PNG.V.
Loading charts...
Drawdown Indicators
| MAL.TO | PNG.V | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.40% | -83.33% | -15.07% |
Max Drawdown (1Y)Largest decline over 1 year | -22.77% | -33.33% | +10.56% |
Max Drawdown (3Y)Largest decline over 3 years | -22.77% | -33.33% | +10.56% |
Max Drawdown (5Y)Largest decline over 5 years | -35.44% | -56.15% | +20.71% |
Max Drawdown (10Y)Largest decline over 10 years | -75.12% | -71.21% | -3.91% |
Current DrawdownCurrent decline from peak | 0.00% | -28.15% | +28.15% |
Average DrawdownAverage peak-to-trough decline | -45.08% | -38.67% | -6.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.07% | 14.71% | -3.64% |
Volatility
MAL.TO vs. PNG.V - Volatility Comparison
The current volatility for Magellan Aerospace Corporation (MAL.TO) is 19.03%, while Kraken Robotics Inc (PNG.V) has a volatility of 23.37%. This indicates that MAL.TO experiences smaller price fluctuations and is considered to be less risky than PNG.V based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MAL.TO | PNG.V | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.03% | 23.37% | -4.34% |
Volatility (6M)Calculated over the trailing 6-month period | 36.31% | 50.26% | -13.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.17% | 69.53% | -25.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.58% | 58.54% | -23.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.29% | 69.22% | -33.93% |
Dividends
MAL.TO vs. PNG.V - Dividend Comparison
MAL.TO's dividend yield for the trailing twelve months is around 0.59%, while PNG.V has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAL.TO Magellan Aerospace Corporation | 0.59% | 0.94% | 0.99% | 1.27% | 2.60% | 4.22% | 4.79% | 2.88% | 2.37% | 1.33% | 1.32% | 1.38% |
PNG.V Kraken Robotics 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% |
Financials
MAL.TO vs. PNG.V - Financials Comparison
This section allows you to compare key financial metrics between Magellan Aerospace Corporation and Kraken Robotics 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
MAL.TO vs. PNG.V - Profitability Comparison
MAL.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
PNG.V - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kraken Robotics Inc reported a gross profit of 9.35M and revenue of 21.71M. Therefore, the gross margin over that period was 43.1%.
MAL.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Magellan Aerospace Corporation reported an operating income of 23.24M and revenue of 285.10M, resulting in an operating margin of 8.2%.
PNG.V - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kraken Robotics Inc reported an operating income of -1.19M and revenue of 21.71M, resulting in an operating margin of -5.5%.
MAL.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Magellan Aerospace Corporation reported a net income of 16.48M and revenue of 285.10M, resulting in a net margin of 5.8%.
PNG.V - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kraken Robotics Inc reported a net income of -3.33M and revenue of 21.71M, resulting in a net margin of -15.3%.
Frequently Asked Questions
MAL.TO and PNG.V have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for MAL.TO and PNG.V
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer