MDA.TO vs. COR
MDA.TO (MDA Space Ltd.) and COR (Cencora Inc.) are both stocks. MDA.TO operates in Aerospace & Defense (Industrials), while COR operates in Medical Distribution (Healthcare). Over the past 5 years, MDA.TO returned 29.55%/yr vs 23.94%/yr for COR. At a correlation of -0.01, they often move in opposite directions.
Performance
MDA.TO vs. COR - Performance Comparison
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Different Trading Currencies
MDA.TO is traded in CAD, while COR is traded in USD. To make them comparable, the COR 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 COR's -17.04% 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*
- —
COR
- 1D
- -0.07%
- 1M
- 7.41%
- YTD
- -17.04%
- 6M
- -17.90%
- 1Y
- -2.48%
- 3Y*
- 18.09%
- 5Y*
- 23.94%
- 10Y*
- 18.08%
MDA.TO vs. COR - 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% |
COR Cencora Inc. | -17.04% | 44.57% | 19.71% | 22.35% | 34.26% | 21.83% |
Correlation
The correlation between MDA.TO and COR is -0.09, 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 | -0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since Apr 7, 2021 | -0.01 |
Fundamentals
MDA.TO:
CA$7.17B
COR:
$53.55B
MDA.TO:
CA$0.81
COR:
$13.07
MDA.TO:
66.38
COR:
20.97
MDA.TO:
0.27
COR:
9.96
MDA.TO:
4.00
COR:
0.16
MDA.TO:
3.88
COR:
15.76
MDA.TO:
CA$1.75B
COR:
$328.68B
MDA.TO:
CA$366.40M
COR:
$11.66B
MDA.TO:
CA$291.70M
COR:
$3.64B
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Return for Risk
MDA.TO vs. COR — Risk / Return Rank
MDA.TO
COR
MDA.TO vs. COR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MDA Space Ltd. (MDA.TO) and Cencora Inc. (COR). 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 | COR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.38 | ||
| Sortino ratioReturn per unit of downside risk | +1.71 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.02 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.54 | -0.07 | +1.61 |
| Martin ratioReturn relative to average drawdown | 3.32 | -0.20 | +3.52 |
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 | COR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | -0.08 | +1.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 1.03 | -0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.65 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.63 | -0.04 |
Drawdowns
MDA.TO vs. COR - Drawdown Comparison
The maximum MDA.TO drawdown since its inception was -68.33%, which is greater than COR's maximum drawdown of -44.01%. Use the drawdown chart below to compare losses from any high point for MDA.TO and COR.
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Drawdown Indicators
| MDA.TO | COR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.33% | -44.01% | -24.32% |
Max Drawdown (1Y)Largest decline over 1 year | -53.77% | -34.86% | -18.91% |
Max Drawdown (3Y)Largest decline over 3 years | -53.77% | -34.86% | -18.91% |
Max Drawdown (5Y)Largest decline over 5 years | -65.68% | -34.86% | -30.82% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.86% | — |
Current DrawdownCurrent decline from peak | -19.54% | -27.43% | +7.89% |
Average DrawdownAverage peak-to-trough decline | -30.71% | -11.10% | -19.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.95% | 12.48% | +12.47% |
Volatility
MDA.TO vs. COR - Volatility Comparison
MDA Space Ltd. (MDA.TO) has a higher volatility of 19.65% compared to Cencora Inc. (COR) at 7.14%. This indicates that MDA.TO's price experiences larger fluctuations and is considered to be riskier than COR 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 | COR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.65% | 7.14% | +12.51% |
Volatility (6M)Calculated over the trailing 6-month period | 44.14% | 27.34% | +16.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.12% | 30.89% | +33.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.14% | 23.27% | +25.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.23% | 27.98% | +21.25% |
Dividends
MDA.TO vs. COR - Dividend Comparison
MDA.TO has not paid dividends to shareholders, while COR's dividend yield for the trailing twelve months is around 0.86%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COR Cencora Inc. | 0.86% | 0.67% | 0.93% | 0.96% | 1.13% | 5.13% | 6.74% | 7.48% | 2.07% | 1.61% | 1.77% | 1.17% |
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. COR - Financials Comparison
This section allows you to compare key financial metrics between MDA Space Ltd. and Cencora 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. COR - 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%.
COR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cencora Inc. reported a gross profit of 3.59B and revenue of 78.36B. Therefore, the gross margin over that period was 4.6%.
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%.
COR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cencora Inc. reported an operating income of 1.14B and revenue of 78.36B, resulting in an operating margin of 1.5%.
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%.
COR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cencora Inc. reported a net income of 1.64B and revenue of 78.36B, resulting in a net margin of 2.1%.
Frequently Asked Questions
MDA.TO and COR have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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