NHYDY vs. SJ.TO
NHYDY (Norsk Hydro ASA ADR) and SJ.TO (Stella-Jones Inc.) are both stocks. Both are in the Basic Materials sector — NHYDY in Aluminum, SJ.TO in Lumber & Wood Production. Over the past 10 years, NHYDY returned 17.75%/yr vs 5.76%/yr for SJ.TO. At a 0.22 correlation, their price movements are largely independent.
Performance
NHYDY vs. SJ.TO - Performance Comparison
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Different Trading Currencies
NHYDY is traded in USD, while SJ.TO is traded in CAD. To make them comparable, the SJ.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, NHYDY achieves a 57.28% return, which is significantly higher than SJ.TO's -5.51% return. Over the past 10 years, NHYDY has outperformed SJ.TO with an annualized return of 17.75%, while SJ.TO has yielded a comparatively lower 5.76% annualized return.
NHYDY
- 1D
- -1.57%
- 1M
- 4.09%
- YTD
- 57.28%
- 6M
- 66.38%
- 1Y
- 126.05%
- 3Y*
- 26.98%
- 5Y*
- 19.63%
- 10Y*
- 17.75%
SJ.TO
- 1D
- 1.78%
- 1M
- 12.57%
- YTD
- -5.51%
- 6M
- -2.99%
- 1Y
- 2.79%
- 3Y*
- 8.47%
- 5Y*
- 10.32%
- 10Y*
- 5.76%
NHYDY vs. SJ.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NHYDY Norsk Hydro ASA ADR | 57.28% | 47.30% | -14.94% | -4.18% | 5.95% | 76.35% | 34.91% | -15.68% | -38.01% | 65.31% |
SJ.TO Stella-Jones Inc. | -5.57% | 27.33% | -13.70% | 65.25% | 16.37% | -12.11% | 28.35% | 0.14% | -26.86% | 25.51% |
Correlation
The correlation between NHYDY and SJ.TO is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.22 |
Fundamentals
NHYDY:
$23.36B
SJ.TO:
CA$4.46B
NHYDY:
$3.10
SJ.TO:
CA$5.52
NHYDY:
3.84
SJ.TO:
14.79
NHYDY:
0.16
SJ.TO:
0.93
NHYDY:
0.12
SJ.TO:
1.28
NHYDY:
0.23
SJ.TO:
2.13
NHYDY:
$201.27B
SJ.TO:
CA$3.51B
NHYDY:
$60.54B
SJ.TO:
CA$678.00M
NHYDY:
$24.40B
SJ.TO:
CA$617.00M
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Return for Risk
NHYDY vs. SJ.TO — Risk / Return Rank
NHYDY
SJ.TO
NHYDY vs. SJ.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Norsk Hydro ASA ADR (NHYDY) and Stella-Jones Inc. (SJ.TO). 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.
| NHYDY | SJ.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.88 | ||
| Sortino ratioReturn per unit of downside risk | +4.15 | ||
| Omega ratioGain probability vs. loss probability | 1.57 | 1.04 | +0.52 |
| Calmar ratioReturn relative to maximum drawdown | 10.97 | 0.10 | +10.88 |
| Martin ratioReturn relative to average drawdown | 39.71 | 0.28 | +39.44 |
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
| NHYDY | SJ.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.99 | 0.11 | +3.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.37 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.22 | +0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.59 | -0.13 |
Drawdowns
NHYDY vs. SJ.TO - Drawdown Comparison
The maximum NHYDY drawdown since its inception was -73.90%, smaller than the maximum SJ.TO drawdown of -78.70%. Use the drawdown chart below to compare losses from any high point for NHYDY and SJ.TO.
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Drawdown Indicators
| NHYDY | SJ.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.90% | -78.70% | +4.80% |
Max Drawdown (1Y)Largest decline over 1 year | -11.56% | -29.37% | +17.81% |
Max Drawdown (3Y)Largest decline over 3 years | -29.35% | -35.89% | +6.54% |
Max Drawdown (5Y)Largest decline over 5 years | -46.67% | -35.89% | -10.78% |
Max Drawdown (10Y)Largest decline over 10 years | -73.90% | -60.01% | -13.89% |
Current DrawdownCurrent decline from peak | -8.68% | -20.49% | +11.81% |
Average DrawdownAverage peak-to-trough decline | -25.23% | -17.16% | -8.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.19% | 10.12% | -6.93% |
Volatility
NHYDY vs. SJ.TO - Volatility Comparison
Norsk Hydro ASA ADR (NHYDY) has a higher volatility of 10.64% compared to Stella-Jones Inc. (SJ.TO) at 6.77%. This indicates that NHYDY's price experiences larger fluctuations and is considered to be riskier than SJ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NHYDY | SJ.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.64% | 6.77% | +3.87% |
Volatility (6M)Calculated over the trailing 6-month period | 26.84% | 20.51% | +6.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.79% | 26.56% | +5.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.27% | 27.73% | +11.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.36% | 26.71% | +12.65% |
Dividends
NHYDY vs. SJ.TO - Dividend Comparison
NHYDY's dividend yield for the trailing twelve months is around 2.67%, more than SJ.TO's 1.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NHYDY Norsk Hydro ASA ADR | 2.67% | 2.65% | 4.30% | 8.10% | 9.59% | 1.86% | 5.44% | 3.92% | 4.96% | 1.91% | 2.60% | 0.00% |
SJ.TO Stella-Jones Inc. | 1.18% | 1.46% | 1.57% | 1.19% | 1.65% | 1.80% | 1.30% | 1.49% | 1.21% | 0.87% | 0.92% | 0.61% |
Financials
NHYDY vs. SJ.TO - Financials Comparison
This section allows you to compare key financial metrics between Norsk Hydro ASA ADR and Stella-Jones 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
NHYDY vs. SJ.TO - Profitability Comparison
NHYDY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Norsk Hydro ASA ADR reported a gross profit of 16.09B and revenue of 50.39B. Therefore, the gross margin over that period was 31.9%.
SJ.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Stella-Jones Inc. reported a gross profit of 150.00M and revenue of 791.00M. Therefore, the gross margin over that period was 19.0%.
NHYDY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Norsk Hydro ASA ADR reported an operating income of 9.11B and revenue of 50.39B, resulting in an operating margin of 18.1%.
SJ.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Stella-Jones Inc. reported an operating income of 93.00M and revenue of 791.00M, resulting in an operating margin of 11.8%.
NHYDY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Norsk Hydro ASA ADR reported a net income of 4.24B and revenue of 50.39B, resulting in a net margin of 8.4%.
SJ.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Stella-Jones Inc. reported a net income of 60.00M and revenue of 791.00M, resulting in a net margin of 7.6%.
Frequently Asked Questions
NHYDY and SJ.TO have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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