PZA.TO vs. LULU
PZA.TO (Pizza Pizza Royalty Corp.) and LULU (Lululemon Athletica Inc.) are both stocks. Both are in the Consumer Cyclical sector — PZA.TO in Restaurants, LULU in Apparel Retail. Over the past 10 years, PZA.TO returned 5.98%/yr vs 7.25%/yr for LULU. At a 0.13 correlation, their price movements are largely independent.
Performance
PZA.TO vs. LULU - Performance Comparison
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Different Trading Currencies
PZA.TO is traded in CAD, while LULU is traded in USD. To make them comparable, the LULU values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, PZA.TO achieves a -16.24% return, which is significantly higher than LULU's -38.58% return. Over the past 10 years, PZA.TO has underperformed LULU with an annualized return of 5.98%, while LULU has yielded a comparatively higher 7.25% annualized return.
PZA.TO
- 1D
- 0.16%
- 1M
- -7.45%
- YTD
- -16.24%
- 6M
- -13.78%
- 1Y
- -7.81%
- 3Y*
- 1.98%
- 5Y*
- 10.47%
- 10Y*
- 5.98%
LULU
- 1D
- 0.06%
- 1M
- -0.34%
- YTD
- -38.58%
- 6M
- -31.13%
- 1Y
- -61.88%
- 3Y*
- -29.06%
- 5Y*
- -15.13%
- 10Y*
- 7.25%
PZA.TO vs. LULU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PZA.TO Pizza Pizza Royalty Corp. | -16.24% | 27.83% | -5.27% | 14.91% | 20.70% | 39.06% | 1.68% | 18.97% | -40.39% | -3.55% |
LULU Lululemon Athletica Inc. | -38.58% | -48.15% | -18.78% | 56.07% | -12.32% | 11.46% | 47.69% | 81.14% | 67.86% | 13.23% |
Correlation
The correlation between PZA.TO and LULU is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2009 | 0.13 |
Fundamentals
PZA.TO:
CA$0.93
LULU:
$14.61
PZA.TO:
13.77
LULU:
8.62
PZA.TO:
2.14
LULU:
0.42
PZA.TO:
10.55
LULU:
1.36
PZA.TO:
CA$40.45M
LULU:
$11.07B
PZA.TO:
CA$20.90M
LULU:
$6.47B
PZA.TO:
CA$39.78M
LULU:
$2.95B
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Return for Risk
PZA.TO vs. LULU — Risk / Return Rank
PZA.TO
LULU
PZA.TO vs. LULU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pizza Pizza Royalty Corp. (PZA.TO) and Lululemon Athletica Inc. (LULU). 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.
| PZA.TO | LULU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.92 | ||
| Sortino ratioReturn per unit of downside risk | +1.76 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 0.71 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.32 | -0.97 | +0.64 |
| Martin ratioReturn relative to average drawdown | -1.09 | -1.35 | +0.26 |
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
| PZA.TO | LULU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.40 | -1.32 | +0.92 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | -0.37 | +0.97 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | 0.18 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.51 | -0.05 |
Drawdowns
PZA.TO vs. LULU - Drawdown Comparison
The maximum PZA.TO drawdown since its inception was -61.78%, smaller than the maximum LULU drawdown of -76.07%. Use the drawdown chart below to compare losses from any high point for PZA.TO and LULU.
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Drawdown Indicators
| PZA.TO | LULU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.78% | -76.07% | +14.29% |
Max Drawdown (1Y)Largest decline over 1 year | -24.45% | -64.28% | +39.83% |
Max Drawdown (3Y)Largest decline over 3 years | -24.45% | -76.07% | +51.62% |
Max Drawdown (5Y)Largest decline over 5 years | -24.45% | -76.07% | +51.62% |
Max Drawdown (10Y)Largest decline over 10 years | -61.78% | -76.07% | +14.29% |
Current DrawdownCurrent decline from peak | -22.59% | -74.41% | +51.82% |
Average DrawdownAverage peak-to-trough decline | -10.97% | -18.47% | +7.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.20% | 45.93% | -38.73% |
Volatility
PZA.TO vs. LULU - Volatility Comparison
The current volatility for Pizza Pizza Royalty Corp. (PZA.TO) is 8.15%, while Lululemon Athletica Inc. (LULU) has a volatility of 9.60%. This indicates that PZA.TO experiences smaller price fluctuations and is considered to be less risky than LULU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PZA.TO | LULU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.15% | 9.60% | -1.45% |
Volatility (6M)Calculated over the trailing 6-month period | 18.20% | 31.30% | -13.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.62% | 47.26% | -27.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.69% | 41.04% | -23.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.28% | 39.64% | -18.36% |
Dividends
PZA.TO vs. LULU - Dividend Comparison
PZA.TO's dividend yield for the trailing twelve months is around 7.26%, while LULU has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LULU Lululemon Athletica 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% |
PZA.TO Pizza Pizza Royalty Corp. | 7.26% | 6.00% | 7.19% | 6.05% | 5.87% | 5.70% | 7.32% | 8.72% | 9.52% | 5.26% | 4.80% | 5.99% |
Financials
PZA.TO vs. LULU - Financials Comparison
This section allows you to compare key financial metrics between Pizza Pizza Royalty Corp. and Lululemon Athletica 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
PZA.TO vs. LULU - Profitability Comparison
PZA.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Pizza Pizza Royalty Corp. reported a gross profit of 0.00 and revenue of 9.39M. Therefore, the gross margin over that period was 0.0%.
LULU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lululemon Athletica Inc. reported a gross profit of 1.43B and revenue of 2.57B. Therefore, the gross margin over that period was 55.6%.
PZA.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Pizza Pizza Royalty Corp. reported an operating income of 9.26M and revenue of 9.39M, resulting in an operating margin of 98.6%.
LULU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lululemon Athletica Inc. reported an operating income of 444.69M and revenue of 2.57B, resulting in an operating margin of 17.3%.
PZA.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Pizza Pizza Royalty Corp. reported a net income of 7.43M and revenue of 9.39M, resulting in a net margin of 79.1%.
LULU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lululemon Athletica Inc. reported a net income of 306.84M and revenue of 2.57B, resulting in a net margin of 12.0%.
Frequently Asked Questions
PZA.TO and LULU have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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