NRG vs. DFY.TO
NRG (NRG Energy, Inc.) and DFY.TO (Definity Financial Corp) are both stocks. NRG operates in Utilities - Independent Power Producers (Utilities), while DFY.TO operates in Insurance - Property & Casualty (Financial Services). Over the past 3 years, NRG returned 57.21%/yr vs 25.25%/yr for DFY.TO. At a 0.12 correlation, their price movements are largely independent.
Performance
NRG vs. DFY.TO - Performance Comparison
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Different Trading Currencies
NRG is traded in USD, while DFY.TO is traded in CAD. To make them comparable, the DFY.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, NRG achieves a -20.72% return, which is significantly lower than DFY.TO's -8.73% return.
NRG
- 1D
- 1.43%
- 1M
- -4.28%
- YTD
- -20.72%
- 6M
- -21.80%
- 1Y
- -15.96%
- 3Y*
- 57.21%
- 5Y*
- 30.96%
- 10Y*
- 26.90%
DFY.TO
- 1D
- -2.36%
- 1M
- 6.12%
- YTD
- -8.73%
- 6M
- -5.56%
- 1Y
- -9.44%
- 3Y*
- 25.25%
- 5Y*
- —
- 10Y*
- —
NRG vs. DFY.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NRG NRG Energy, Inc. | -20.72% | 78.91% | 78.58% | 69.36% | -23.47% | 18.22% |
DFY.TO Definity Financial Corp | -8.73% | 37.58% | 45.43% | 1.48% | 24.50% | 4.36% |
Correlation
The correlation between NRG and DFY.TO is -0.05, 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 | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2021 | 0.12 |
The correlation between NRG and DFY.TO shifts across timeframes, from -0.05 (1 year) to 0.12 (all time), reflecting how their relationship changes across market environments.
Fundamentals
NRG:
$26.10B
DFY.TO:
CA$8.57B
NRG:
$1.21
DFY.TO:
CA$3.24
NRG:
103.60
DFY.TO:
21.71
NRG:
1.56
DFY.TO:
1.33
NRG:
0.76
DFY.TO:
1.51
NRG:
6.18
DFY.TO:
2.11
NRG:
$32.38B
DFY.TO:
CA$5.62B
NRG:
$4.69B
DFY.TO:
CA$2.65B
NRG:
$2.57B
DFY.TO:
CA$733.60M
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Return for Risk
NRG vs. DFY.TO — Risk / Return Rank
NRG
DFY.TO
NRG vs. DFY.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NRG Energy, Inc. (NRG) and Definity Financial Corp (DFY.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.
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.
| NRG | DFY.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 0.95 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | -0.44 | -0.03 |
| Martin ratioReturn relative to average drawdown | -1.16 | -0.75 | -0.41 |
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Drawdowns
NRG vs. DFY.TO - Drawdown Comparison
The maximum NRG drawdown since its inception was -79.41%, which is greater than DFY.TO's maximum drawdown of -21.79%. Use the drawdown chart below to compare losses from any high point for NRG and DFY.TO.
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Drawdown Indicators
| NRG | DFY.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.41% | -21.79% | -57.62% |
Max Drawdown (1Y)Largest decline over 1 year | -34.24% | -21.79% | -12.45% |
Max Drawdown (3Y)Largest decline over 3 years | -34.24% | -21.79% | -12.45% |
Max Drawdown (5Y)Largest decline over 5 years | -34.24% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -48.76% | — | — |
Current DrawdownCurrent decline from peak | -31.61% | -12.32% | -19.29% |
Average DrawdownAverage peak-to-trough decline | -27.99% | -7.40% | -20.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.73% | 12.56% | +1.17% |
Volatility
NRG vs. DFY.TO - Volatility Comparison
NRG Energy, Inc. (NRG) has a higher volatility of 15.26% compared to Definity Financial Corp (DFY.TO) at 7.37%. This indicates that NRG's price experiences larger fluctuations and is considered to be riskier than DFY.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NRG | DFY.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.26% | 7.37% | +7.89% |
Volatility (6M)Calculated over the trailing 6-month period | 35.10% | 18.15% | +16.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.88% | 22.63% | +22.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.03% | 24.09% | +15.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.16% | 24.09% | +15.07% |
Dividends
NRG vs. DFY.TO - Dividend Comparison
NRG's dividend yield for the trailing twelve months is around 1.46%, more than DFY.TO's 1.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFY.TO Definity Financial Corp | 1.14% | 0.99% | 1.09% | 1.47% | 1.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NRG NRG Energy, Inc. | 1.46% | 1.11% | 1.81% | 2.92% | 4.40% | 3.02% | 3.20% | 0.30% | 0.30% | 0.42% | 1.92% | 4.93% |
Financials
NRG vs. DFY.TO - Financials Comparison
This section allows you to compare key financial metrics between NRG Energy, Inc. and Definity Financial Corp. 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
NRG vs. DFY.TO - Profitability Comparison
NRG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NRG Energy, Inc. reported a gross profit of 0.00 and revenue of 10.26B. Therefore, the gross margin over that period was 0.0%.
DFY.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Definity Financial Corp reported a gross profit of 1.92B and revenue of 1.92B. Therefore, the gross margin over that period was 100.0%.
NRG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NRG Energy, Inc. reported an operating income of 328.00M and revenue of 10.26B, resulting in an operating margin of 3.2%.
DFY.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Definity Financial Corp reported an operating income of 92.20M and revenue of 1.92B, resulting in an operating margin of 4.8%.
NRG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NRG Energy, Inc. reported a net income of 125.00M and revenue of 10.26B, resulting in a net margin of 1.2%.
DFY.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Definity Financial Corp reported a net income of 63.90M and revenue of 1.92B, resulting in a net margin of 3.3%.
Frequently Asked Questions
NRG and DFY.TO have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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