RMD vs. MDA.TO
RMD (ResMed Inc.) and MDA.TO (MDA Space Ltd.) are both stocks. RMD operates in Medical Instruments & Supplies (Healthcare), while MDA.TO operates in Aerospace & Defense (Industrials). Over the past 5 years, RMD returned -1.41%/yr vs 24.65%/yr for MDA.TO. At a 0.16 correlation, their price movements are largely independent.
Performance
RMD vs. MDA.TO - Performance Comparison
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Different Trading Currencies
RMD is traded in USD, while MDA.TO is traded in CAD. To make them comparable, the MDA.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, RMD achieves a -18.71% return, which is significantly lower than MDA.TO's 91.90% return.
RMD
- 1D
- 1.24%
- 1M
- -3.52%
- YTD
- -18.71%
- 6M
- -22.38%
- 1Y
- -21.12%
- 3Y*
- -2.26%
- 5Y*
- -1.41%
- 10Y*
- 13.85%
MDA.TO
- 1D
- -8.74%
- 1M
- -1.78%
- YTD
- 91.90%
- 6M
- 103.10%
- 1Y
- 71.71%
- 3Y*
- 80.31%
- 5Y*
- 24.65%
- 10Y*
- —
RMD vs. MDA.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RMD ResMed Inc. | -18.71% | 6.26% | 34.18% | -16.55% | -19.47% | 33.38% |
MDA.TO MDA Space Ltd. | 91.90% | -5.47% | 136.33% | 84.39% | -36.65% | -33.73% |
Correlation
The correlation between RMD and MDA.TO is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Apr 7, 2021 | 0.16 |
Fundamentals
RMD:
$13.78
MDA.TO:
CA$0.81
RMD:
14.14
MDA.TO:
64.10
RMD:
0.44
MDA.TO:
0.26
RMD:
3.88
MDA.TO:
3.86
RMD:
$5.54B
MDA.TO:
CA$1.75B
RMD:
$3.42B
MDA.TO:
CA$366.40M
RMD:
$2.10B
MDA.TO:
CA$291.70M
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Return for Risk
RMD vs. MDA.TO — Risk / Return Rank
RMD
MDA.TO
RMD vs. MDA.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ResMed Inc. (RMD) and MDA Space Ltd. (MDA.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.
| RMD | MDA.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.04 | ||
| Sortino ratioReturn per unit of downside risk | -2.85 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.24 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.59 | 1.35 | -1.94 |
| Martin ratioReturn relative to average drawdown | -1.34 | 2.90 | -4.23 |
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Drawdowns
RMD vs. MDA.TO - Drawdown Comparison
The maximum RMD drawdown since its inception was -61.61%, smaller than the maximum MDA.TO drawdown of -70.91%. Use the drawdown chart below to compare losses from any high point for RMD and MDA.TO.
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Drawdown Indicators
| RMD | MDA.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.61% | -70.91% | +9.30% |
Max Drawdown (1Y)Largest decline over 1 year | -37.28% | -54.42% | +17.14% |
Max Drawdown (3Y)Largest decline over 3 years | -40.09% | -54.42% | +14.33% |
Max Drawdown (5Y)Largest decline over 5 years | -53.99% | -68.48% | +14.49% |
Max Drawdown (10Y)Largest decline over 10 years | -53.99% | — | — |
Current DrawdownCurrent decline from peak | -33.18% | -23.02% | -10.16% |
Average DrawdownAverage peak-to-trough decline | -16.00% | -32.40% | +16.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.49% | 25.24% | -8.75% |
Volatility
RMD vs. MDA.TO - Volatility Comparison
The current volatility for ResMed Inc. (RMD) is 9.81%, while MDA Space Ltd. (MDA.TO) has a volatility of 21.78%. This indicates that RMD experiences smaller price fluctuations and is considered to be less risky than MDA.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RMD | MDA.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.81% | 21.78% | -11.97% |
Volatility (6M)Calculated over the trailing 6-month period | 19.30% | 45.84% | -26.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.09% | 65.21% | -41.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.07% | 49.78% | -18.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.54% | 49.81% | -18.27% |
Dividends
RMD vs. MDA.TO - Dividend Comparison
RMD's dividend yield for the trailing twelve months is around 1.23%, while MDA.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDA.TO MDA Space Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RMD ResMed Inc. | 1.23% | 0.94% | 0.88% | 1.07% | 0.83% | 0.62% | 0.73% | 0.98% | 1.26% | 1.61% | 2.03% | 2.16% |
Financials
RMD vs. MDA.TO - Financials Comparison
This section allows you to compare key financial metrics between ResMed Inc. and MDA Space Ltd.. 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
RMD vs. MDA.TO - Profitability Comparison
RMD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ResMed Inc. reported a gross profit of 890.98M and revenue of 1.43B. Therefore, the gross margin over that period was 62.3%.
MDA.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MDA Space Ltd. reported a gross profit of 84.00M and revenue of 464.10M. Therefore, the gross margin over that period was 18.1%.
RMD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ResMed Inc. reported an operating income of 499.81M and revenue of 1.43B, resulting in an operating margin of 34.9%.
MDA.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MDA Space Ltd. reported an operating income of 32.30M and revenue of 464.10M, resulting in an operating margin of 7.0%.
RMD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ResMed Inc. reported a net income of 398.73M and revenue of 1.43B, resulting in a net margin of 27.9%.
MDA.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MDA Space Ltd. reported a net income of 29.60M and revenue of 464.10M, resulting in a net margin of 6.4%.
Frequently Asked Questions
RMD and MDA.TO have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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