MDA.TO vs. CME
MDA.TO (MDA Space Ltd.) and CME (CME Group Inc.) are both stocks. MDA.TO operates in Aerospace & Defense (Industrials), while CME operates in Financial Data & Stock Exchanges (Financial Services). Over the past 5 years, MDA.TO returned 29.55%/yr vs 10.57%/yr for CME. At a 0.04 correlation, their price movements are largely independent.
Performance
MDA.TO vs. CME - Performance Comparison
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Different Trading Currencies
MDA.TO is traded in CAD, while CME is traded in USD. To make them comparable, the CME values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, MDA.TO achieves a 102.74% return, which is significantly higher than CME's -3.78% return.
MDA.TO
- 1D
- 0.93%
- 1M
- 14.28%
- YTD
- 102.74%
- 6M
- 121.26%
- 1Y
- 82.47%
- 3Y*
- 87.15%
- 5Y*
- 29.55%
- 10Y*
- —
CME
- 1D
- -1.82%
- 1M
- -8.53%
- YTD
- -3.78%
- 6M
- -3.37%
- 1Y
- -2.64%
- 3Y*
- 17.20%
- 5Y*
- 10.57%
- 10Y*
- 15.55%
MDA.TO vs. CME - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MDA.TO MDA Space Ltd. | 102.74% | -9.79% | 156.34% | 80.00% | -32.63% | -32.81% |
CME CME Group Inc. | -3.78% | 14.36% | 25.18% | 28.20% | -18.00% | 16.49% |
Correlation
The correlation between MDA.TO and CME is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Apr 7, 2021 | 0.04 |
Fundamentals
MDA.TO:
CA$7.17B
CME:
$91.54B
MDA.TO:
CA$0.81
CME:
$11.75
MDA.TO:
66.38
CME:
21.45
MDA.TO:
0.27
CME:
1.87
MDA.TO:
4.00
CME:
13.46
MDA.TO:
3.88
CME:
3.44
MDA.TO:
CA$1.75B
CME:
$6.76B
MDA.TO:
CA$366.40M
CME:
$5.84B
MDA.TO:
CA$291.70M
CME:
$5.69B
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Return for Risk
MDA.TO vs. CME — Risk / Return Rank
MDA.TO
CME
MDA.TO vs. CME - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MDA Space Ltd. (MDA.TO) and CME Group Inc. (CME). 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.
| MDA.TO | CME | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.42 | ||
| Sortino ratioReturn per unit of downside risk | +1.84 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.00 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 1.54 | -0.13 | +1.67 |
| Martin ratioReturn relative to average drawdown | 3.32 | -0.43 | +3.75 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MDA.TO | CME | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | -0.13 | +1.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.51 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.63 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.53 | +0.06 |
Drawdowns
MDA.TO vs. CME - Drawdown Comparison
The maximum MDA.TO drawdown since its inception was -68.33%, roughly equal to the maximum CME drawdown of -71.05%. Use the drawdown chart below to compare losses from any high point for MDA.TO and CME.
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Drawdown Indicators
| MDA.TO | CME | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.33% | -71.05% | +2.72% |
Max Drawdown (1Y)Largest decline over 1 year | -53.77% | -20.44% | -33.33% |
Max Drawdown (3Y)Largest decline over 3 years | -53.77% | -20.44% | -33.33% |
Max Drawdown (5Y)Largest decline over 5 years | -65.68% | -26.71% | -38.97% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.25% | — |
Current DrawdownCurrent decline from peak | -19.54% | -19.36% | -0.18% |
Average DrawdownAverage peak-to-trough decline | -30.71% | -19.94% | -10.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.95% | 6.10% | +18.85% |
Volatility
MDA.TO vs. CME - Volatility Comparison
MDA Space Ltd. (MDA.TO) has a higher volatility of 19.65% compared to CME Group Inc. (CME) at 10.30%. This indicates that MDA.TO's price experiences larger fluctuations and is considered to be riskier than CME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MDA.TO | CME | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.65% | 10.30% | +9.35% |
Volatility (6M)Calculated over the trailing 6-month period | 44.14% | 17.22% | +26.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.12% | 20.91% | +43.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.14% | 20.88% | +28.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.23% | 24.73% | +24.50% |
Dividends
MDA.TO vs. CME - Dividend Comparison
MDA.TO has not paid dividends to shareholders, while CME's dividend yield for the trailing twelve months is around 4.44%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CME CME Group Inc. | 4.44% | 1.83% | 4.48% | 4.58% | 5.05% | 3.00% | 3.24% | 2.74% | 2.42% | 4.20% | 4.90% | 5.41% |
MDA.TO MDA Space Ltd. | 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
MDA.TO vs. CME - Financials Comparison
This section allows you to compare key financial metrics between MDA Space Ltd. and CME Group 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
MDA.TO vs. CME - Profitability Comparison
MDA.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MDA Space Ltd. reported a gross profit of 84.00M and revenue of 464.10M. Therefore, the gross margin over that period was 18.1%.
CME - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CME Group Inc. reported a gross profit of 1.66B and revenue of 1.88B. Therefore, the gross margin over that period was 88.1%.
MDA.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MDA Space Ltd. reported an operating income of 32.30M and revenue of 464.10M, resulting in an operating margin of 7.0%.
CME - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CME Group Inc. reported an operating income of 1.31B and revenue of 1.88B, resulting in an operating margin of 69.7%.
MDA.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MDA Space Ltd. reported a net income of 29.60M and revenue of 464.10M, resulting in a net margin of 6.4%.
CME - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CME Group Inc. reported a net income of 1.15B and revenue of 1.88B, resulting in a net margin of 61.4%.
Frequently Asked Questions
MDA.TO and CME have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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