SAIA vs. CP
SAIA (Saia, Inc.) and CP (Canadian Pacific Kansas City Limited) are both stocks. Both are in the Industrials sector — SAIA in Trucking, CP in Railroads. Over the past 10 years, SAIA returned 33.14%/yr vs 14.23%/yr for CP. At a 0.38 correlation, their price movements are largely independent.
Performance
SAIA vs. CP - Performance Comparison
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Returns By Period
In the year-to-date period, SAIA achieves a 33.54% return, which is significantly higher than CP's 16.60% return. Over the past 10 years, SAIA has outperformed CP with an annualized return of 33.14%, while CP has yielded a comparatively lower 14.23% annualized return.
SAIA
- 1D
- 0.21%
- 1M
- -4.42%
- YTD
- 33.54%
- 6M
- 31.88%
- 1Y
- 70.07%
- 3Y*
- 11.71%
- 5Y*
- 15.79%
- 10Y*
- 33.14%
CP
- 1D
- -0.42%
- 1M
- -0.68%
- YTD
- 16.60%
- 6M
- 15.52%
- 1Y
- 7.79%
- 3Y*
- 3.09%
- 5Y*
- 3.21%
- 10Y*
- 14.23%
SAIA vs. CP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SAIA Saia, Inc. | 33.54% | -28.35% | 4.00% | 108.99% | -37.79% | 86.41% | 94.16% | 66.82% | -21.10% | 60.25% |
CP Canadian Pacific Kansas City Limited | 16.60% | 2.60% | -7.84% | 6.85% | 4.71% | 4.64% | 37.33% | 45.04% | -1.81% | 29.32% |
Correlation
The correlation between SAIA and CP is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Sep 12, 2002 | 0.38 |
The correlation between SAIA and CP shifts across timeframes, from 0.38 (all time) to 0.50 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
SAIA:
$11.69B
CP:
$76.87B
SAIA:
$9.52
CP:
$4.47
SAIA:
45.80
CP:
19.18
SAIA:
16.51
CP:
8.06
SAIA:
3.59
CP:
5.22
SAIA:
4.45
CP:
1.62
SAIA:
$3.25B
CP:
$14.98B
SAIA:
$1.27B
CP:
$8.47B
SAIA:
$603.31M
CP:
$8.30B
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Return for Risk
SAIA vs. CP — Risk / Return Rank
SAIA
CP
SAIA vs. CP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Saia, Inc. (SAIA) and Canadian Pacific Kansas City Limited (CP). 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.
| SAIA | CP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.10 | ||
| Sortino ratioReturn per unit of downside risk | +1.46 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.08 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.83 | 0.48 | +2.34 |
| Martin ratioReturn relative to average drawdown | 7.35 | 0.92 | +6.43 |
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Drawdowns
SAIA vs. CP - Drawdown Comparison
The maximum SAIA drawdown since its inception was -80.35%, which is greater than CP's maximum drawdown of -69.17%. Use the drawdown chart below to compare losses from any high point for SAIA and CP.
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Drawdown Indicators
| SAIA | CP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.35% | -69.17% | -11.18% |
Max Drawdown (1Y)Largest decline over 1 year | -24.92% | -16.23% | -8.69% |
Max Drawdown (3Y)Largest decline over 3 years | -60.94% | -25.88% | -35.06% |
Max Drawdown (5Y)Largest decline over 5 years | -60.94% | -25.88% | -35.06% |
Max Drawdown (10Y)Largest decline over 10 years | -60.94% | -33.70% | -27.24% |
Current DrawdownCurrent decline from peak | -28.04% | -6.13% | -21.91% |
Average DrawdownAverage peak-to-trough decline | -28.95% | -20.28% | -8.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.56% | 8.51% | +1.05% |
Volatility
SAIA vs. CP - Volatility Comparison
Saia, Inc. (SAIA) has a higher volatility of 12.22% compared to Canadian Pacific Kansas City Limited (CP) at 6.73%. This indicates that SAIA's price experiences larger fluctuations and is considered to be riskier than CP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SAIA | CP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.22% | 6.73% | +5.49% |
Volatility (6M)Calculated over the trailing 6-month period | 35.79% | 17.69% | +18.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.71% | 22.75% | +25.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.49% | 24.49% | +27.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.80% | 25.60% | +20.20% |
Dividends
SAIA vs. CP - Dividend Comparison
SAIA has not paid dividends to shareholders, while CP's dividend yield for the trailing twelve months is around 0.77%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CP Canadian Pacific Kansas City Limited | 0.77% | 0.86% | 0.76% | 0.78% | 0.96% | 0.84% | 0.76% | 0.93% | 1.07% | 0.92% | 0.98% | 0.98% |
SAIA Saia, 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
SAIA vs. CP - Financials Comparison
This section allows you to compare key financial metrics between Saia, Inc. and Canadian Pacific Kansas City Limited. 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
SAIA vs. CP - Profitability Comparison
SAIA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Saia, Inc. reported a gross profit of 741.90M and revenue of 806.23M. Therefore, the gross margin over that period was 92.0%.
CP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Canadian Pacific Kansas City Limited reported a gross profit of 2.55B and revenue of 3.70B. Therefore, the gross margin over that period was 69.0%.
SAIA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Saia, Inc. reported an operating income of 66.81M and revenue of 806.23M, resulting in an operating margin of 8.3%.
CP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Canadian Pacific Kansas City Limited reported an operating income of 1.26B and revenue of 3.70B, resulting in an operating margin of 34.0%.
SAIA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Saia, Inc. reported a net income of 49.87M and revenue of 806.23M, resulting in a net margin of 6.2%.
CP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Canadian Pacific Kansas City Limited reported a net income of 846.00M and revenue of 3.70B, resulting in a net margin of 22.9%.
Frequently Asked Questions
SAIA and CP have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SAIA has higher volatility (12.22%) compared to CP (6.73%). In terms of maximum drawdown, SAIA dropped -80.35% vs CP's -69.17%.
SAIA currently has the higher Sharpe Ratio (1.45 vs 0.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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