QTRH.TO vs. GRID.TO
QTRH.TO (Quarterhill Inc.) and GRID.TO (Tantalus Systems Holding Inc.) are both stocks. QTRH.TO operates in Communication Equipment (Technology), while GRID.TO operates in Electrical Equipment & Parts (Industrials). Over the past 5 years, QTRH.TO returned -3.72%/yr vs 20.56%/yr for GRID.TO. At a 0.03 correlation, their price movements are largely independent.
Performance
QTRH.TO vs. GRID.TO - Performance Comparison
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Returns By Period
In the year-to-date period, QTRH.TO achieves a 107.37% return, which is significantly higher than GRID.TO's 33.33% return.
QTRH.TO
- 1D
- -2.48%
- 1M
- 31.33%
- YTD
- 107.37%
- 6M
- 121.35%
- 1Y
- 41.73%
- 3Y*
- 14.57%
- 5Y*
- -3.72%
- 10Y*
- -4.53%
GRID.TO
- 1D
- 0.65%
- 1M
- -0.16%
- YTD
- 33.33%
- 6M
- 46.14%
- 1Y
- 160.00%
- 3Y*
- 98.32%
- 5Y*
- 20.56%
- 10Y*
- —
QTRH.TO vs. GRID.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
QTRH.TO Quarterhill Inc. | 107.37% | -42.07% | -15.90% | 24.50% | -39.78% | -7.52% |
GRID.TO Tantalus Systems Holding Inc. | 33.33% | 147.62% | 130.49% | -18.81% | -45.41% | -46.38% |
Correlation
The correlation between QTRH.TO and GRID.TO 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 | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 2021 | 0.03 |
Fundamentals
QTRH.TO:
CA$234.66M
GRID.TO:
CA$337.92M
QTRH.TO:
-CA$0.42
GRID.TO:
-CA$0.01
QTRH.TO:
1.56
GRID.TO:
5.84
QTRH.TO:
2.94
GRID.TO:
14.72
QTRH.TO:
CA$148.39M
GRID.TO:
CA$57.29M
QTRH.TO:
CA$32.15M
GRID.TO:
CA$30.13M
QTRH.TO:
-CA$978.11K
GRID.TO:
CA$2.25M
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Return for Risk
QTRH.TO vs. GRID.TO — Risk / Return Rank
QTRH.TO
GRID.TO
QTRH.TO vs. GRID.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Quarterhill Inc. (QTRH.TO) and Tantalus Systems Holding Inc. (GRID.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.
| QTRH.TO | GRID.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.97 | ||
| Sortino ratioReturn per unit of downside risk | -1.68 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.38 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.10 | 5.76 | -4.67 |
| Martin ratioReturn relative to average drawdown | 1.78 | 14.15 | -12.36 |
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
| QTRH.TO | GRID.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.88 | 2.86 | -1.97 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.09 | 0.39 | -0.49 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.11 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.01 | 0.22 | -0.22 |
Drawdowns
QTRH.TO vs. GRID.TO - Drawdown Comparison
The maximum QTRH.TO drawdown since its inception was -99.36%, which is greater than GRID.TO's maximum drawdown of -80.29%. Use the drawdown chart below to compare losses from any high point for QTRH.TO and GRID.TO.
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Drawdown Indicators
| QTRH.TO | GRID.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.36% | -80.29% | -19.07% |
Max Drawdown (1Y)Largest decline over 1 year | -37.32% | -28.32% | -9.00% |
Max Drawdown (3Y)Largest decline over 3 years | -55.72% | -37.44% | -18.28% |
Max Drawdown (5Y)Largest decline over 5 years | -67.98% | -72.80% | +4.82% |
Max Drawdown (10Y)Largest decline over 10 years | -71.84% | — | — |
Current DrawdownCurrent decline from peak | -96.56% | -3.70% | -92.86% |
Average DrawdownAverage peak-to-trough decline | -90.30% | -47.72% | -42.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.89% | 11.51% | +11.38% |
Volatility
QTRH.TO vs. GRID.TO - Volatility Comparison
Quarterhill Inc. (QTRH.TO) has a higher volatility of 17.79% compared to Tantalus Systems Holding Inc. (GRID.TO) at 13.83%. This indicates that QTRH.TO's price experiences larger fluctuations and is considered to be riskier than GRID.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QTRH.TO | GRID.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.79% | 13.83% | +3.96% |
Volatility (6M)Calculated over the trailing 6-month period | 35.99% | 37.11% | -1.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.32% | 57.13% | -10.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.27% | 52.39% | -12.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.55% | 52.86% | -10.31% |
Dividends
QTRH.TO vs. GRID.TO - Dividend Comparison
Neither QTRH.TO nor GRID.TO has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRID.TO Tantalus Systems Holding 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% |
QTRH.TO Quarterhill Inc. | 0.00% | 0.00% | 0.00% | 0.67% | 3.29% | 1.93% | 2.03% | 3.11% | 3.91% | 2.24% | 2.37% | 9.30% |
Financials
QTRH.TO vs. GRID.TO - Financials Comparison
This section allows you to compare key financial metrics between Quarterhill Inc. and Tantalus Systems Holding 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
QTRH.TO vs. GRID.TO - Profitability Comparison
QTRH.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Quarterhill Inc. reported a gross profit of 7.65M and revenue of 37.98M. Therefore, the gross margin over that period was 20.2%.
GRID.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tantalus Systems Holding Inc. reported a gross profit of 7.35M and revenue of 14.85M. Therefore, the gross margin over that period was 49.5%.
QTRH.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Quarterhill Inc. reported an operating income of -3.60M and revenue of 37.98M, resulting in an operating margin of -9.5%.
GRID.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tantalus Systems Holding Inc. reported an operating income of -14.75K and revenue of 14.85M, resulting in an operating margin of -0.1%.
QTRH.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Quarterhill Inc. reported a net income of -5.16M and revenue of 37.98M, resulting in a net margin of -13.6%.
GRID.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tantalus Systems Holding Inc. reported a net income of -398.36K and revenue of 14.85M, resulting in a net margin of -2.7%.
Frequently Asked Questions
QTRH.TO and GRID.TO 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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