OR.TO vs. ULTA
OR.TO (Osisko Gold Royalties Ltd) and ULTA (Ulta Beauty, Inc.) are both stocks. OR.TO operates in Gold (Basic Materials), while ULTA operates in Specialty Retail (Consumer Cyclical). Over the past 10 years, OR.TO returned 10.96%/yr vs 6.94%/yr for ULTA. At a 0.02 correlation, their price movements are largely independent.
Performance
OR.TO vs. ULTA - Performance Comparison
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Different Trading Currencies
OR.TO is traded in CAD, while ULTA is traded in USD. To make them comparable, the ULTA values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, OR.TO achieves a -15.10% return, which is significantly higher than ULTA's -19.15% return. Over the past 10 years, OR.TO has outperformed ULTA with an annualized return of 10.96%, while ULTA has yielded a comparatively lower 6.94% annualized return.
OR.TO
- 1D
- 0.56%
- 1M
- -7.70%
- 6M
- -33.35%
- YTD
- -15.10%
- 1Y
- 8.83%
- 3Y*
- 28.87%
- 5Y*
- 21.64%
- 10Y*
- 10.96%
- ALL TIME*
- 9.96%
ULTA
- 1D
- -0.50%
- 1M
- -1.57%
- 6M
- -29.17%
- YTD
- -19.15%
- 1Y
- -4.10%
- 3Y*
- 4.03%
- 5Y*
- 9.31%
- 10Y*
- 6.94%
- ALL TIME*
- 17.71%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$17.21M | CA$19.53M | CA$20.24M | |
| CA$395.86M | CA$424.90M | CA$519.83M |
OR.TO vs. ULTA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OR.TO Osisko Gold Royalties Ltd | -15.10% | 88.16% | 39.17% | 17.33% | 7.02% | -2.67% | 29.76% | 6.96% | -16.11% | 12.23% |
ULTA Ulta Beauty, Inc. | -19.15% | 32.75% | -3.72% | 1.97% | 20.97% | 43.52% | 10.75% | -0.87% | 18.67% | -18.21% |
Correlation
The correlation between OR.TO and ULTA is 0.08, 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 | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Jun 2, 2014 | 0.02 |
Fundamentals
OR.TO:
CA$7.71B
ULTA:
$20.44B
OR.TO:
$1.34
ULTA:
$26.57
OR.TO:
21.79
ULTA:
17.89
OR.TO:
0.05
ULTA:
1.78
OR.TO:
17.02
ULTA:
1.67
OR.TO:
3.74
ULTA:
8.10
OR.TO:
$324.98M
ULTA:
$12.71B
OR.TO:
$282.47M
ULTA:
$5.00B
OR.TO:
$324.46M
ULTA:
$1.81B
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Return for Risk
OR.TO vs. ULTA — Risk / Return Rank
OR.TO
ULTA
OR.TO vs. ULTA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Osisko Gold Royalties Ltd (OR.TO) and Ulta Beauty, Inc. (ULTA). 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.
| OR.TO | ULTA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.31 | ||
| Sortino ratioReturn per unit of downside risk | +0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.01 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.23 | -0.12 | +0.34 |
| Martin ratioReturn relative to average drawdown | 0.49 | -0.24 | +0.73 |
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Drawdowns
OR.TO vs. ULTA - Drawdown Comparison
The maximum OR.TO drawdown since its inception was -58.25%, smaller than the maximum ULTA drawdown of -83.51%. Use the drawdown chart below to compare losses from any high point for OR.TO and ULTA.
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Drawdown Indicators
| OR.TO | ULTA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.25% | -83.51% | +25.26% |
Max Drawdown (1Y)Largest decline over 1 year | -39.37% | -34.55% | -4.82% |
Max Drawdown (3Y)Largest decline over 3 years | -39.37% | -42.47% | +3.10% |
Max Drawdown (5Y)Largest decline over 5 years | -39.37% | -42.47% | +3.10% |
Max Drawdown (10Y)Largest decline over 10 years | -57.66% | -62.07% | +4.41% |
Current DrawdownCurrent decline from peak | -36.74% | -30.50% | -6.24% |
Average DrawdownAverage peak-to-trough decline | -16.71% | -20.01% | +3.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.90% | 17.29% | +0.61% |
Volatility
OR.TO vs. ULTA - Volatility Comparison
Osisko Gold Royalties Ltd (OR.TO) and Ulta Beauty, Inc. (ULTA) have volatilities of 8.62% and 8.71%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OR.TO | ULTA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.62% | 8.71% | -0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 37.35% | 26.69% | +10.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.98% | 35.29% | +9.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.13% | 34.83% | -0.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.32% | 38.98% | -2.66% |
Dividends
OR.TO vs. ULTA - Dividend Comparison
OR.TO's dividend yield for the trailing twelve months is around 0.78%, while ULTA has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OR.TO Osisko Gold Royalties Ltd | 0.78% | 0.60% | 0.98% | 1.24% | 1.35% | 1.36% | 1.24% | 1.58% | 1.67% | 1.24% | 1.22% | 0.95% |
ULTA Ulta Beauty, 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
OR.TO vs. ULTA - Financials Comparison
This section allows you to compare key financial metrics between Osisko Gold Royalties Ltd and Ulta Beauty, 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
OR.TO vs. ULTA - Profitability Comparison
OR.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Osisko Gold Royalties Ltd reported a gross profit of 87.05M and revenue of 101.15M. Therefore, the gross margin over that period was 86.1%.
ULTA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Ulta Beauty, Inc. reported a gross profit of 1.27B and revenue of 3.16B. Therefore, the gross margin over that period was 40.1%.
OR.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Osisko Gold Royalties Ltd reported an operating income of 78.93M and revenue of 101.15M, resulting in an operating margin of 78.0%.
ULTA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Ulta Beauty, Inc. reported an operating income of 448.26M and revenue of 3.16B, resulting in an operating margin of 14.2%.
OR.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Osisko Gold Royalties Ltd reported a net income of 72.38M and revenue of 101.15M, resulting in a net margin of 71.6%.
ULTA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Ulta Beauty, Inc. reported a net income of 340.47M and revenue of 3.16B, resulting in a net margin of 10.8%.
Frequently Asked Questions
OR.TO and ULTA have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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