SAP.TO vs. L.TO
SAP.TO (Saputo Inc.) and L.TO (Loblaw Companies Limited) are both stocks. Both are in the Consumer Defensive sector — SAP.TO in Packaged Foods, L.TO in Grocery Stores. Over the past 10 years, SAP.TO returned 2.50%/yr vs 18.41%/yr for L.TO. At a 0.21 correlation, their price movements are largely independent.
Performance
SAP.TO vs. L.TO - Performance Comparison
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Returns By Period
In the year-to-date period, SAP.TO achieves a 4.36% return, which is significantly higher than L.TO's 1.44% return. Over the past 10 years, SAP.TO has underperformed L.TO with an annualized return of 2.50%, while L.TO has yielded a comparatively higher 18.41% annualized return.
SAP.TO
- 1D
- 1.30%
- 1M
- 4.61%
- YTD
- 4.36%
- 6M
- 9.14%
- 1Y
- 64.40%
- 3Y*
- 9.57%
- 5Y*
- 5.19%
- 10Y*
- 2.50%
L.TO
- 1D
- 1.91%
- 1M
- 1.32%
- YTD
- 1.44%
- 6M
- 3.70%
- 1Y
- 10.73%
- 3Y*
- 30.44%
- 5Y*
- 29.66%
- 10Y*
- 18.41%
SAP.TO vs. L.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SAP.TO Saputo Inc. | 4.36% | 69.59% | -4.35% | -18.00% | 20.36% | -18.33% | -9.55% | 4.28% | -11.88% | -3.55% |
L.TO Loblaw Companies Limited | 1.44% | 32.54% | 50.14% | 9.65% | 18.16% | 70.07% | -3.01% | 13.23% | 14.59% | -2.20% |
Correlation
The correlation between SAP.TO and L.TO is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 1997 | 0.21 |
The correlation between SAP.TO and L.TO shifts across timeframes, from 0.21 (all time) to 0.32 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
SAP.TO:
CA$17.69B
L.TO:
CA$73.99B
SAP.TO:
CA$1.56
L.TO:
CA$3.72
SAP.TO:
27.58
L.TO:
16.90
SAP.TO:
0.94
L.TO:
0.73
SAP.TO:
2.65
L.TO:
6.78
SAP.TO:
CA$18.99B
L.TO:
CA$64.25B
SAP.TO:
CA$2.37B
L.TO:
CA$19.91B
SAP.TO:
CA$1.62B
L.TO:
CA$7.21B
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Return for Risk
SAP.TO vs. L.TO — Risk / Return Rank
SAP.TO
L.TO
SAP.TO vs. L.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Saputo Inc. (SAP.TO) and Loblaw Companies Limited (L.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.
| SAP.TO | L.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.24 | ||
| Sortino ratioReturn per unit of downside risk | +2.57 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.11 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 4.03 | 0.74 | +3.29 |
| Martin ratioReturn relative to average drawdown | 14.94 | 1.77 | +13.17 |
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
| SAP.TO | L.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.76 | 0.52 | +2.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | 1.59 | -1.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.11 | 0.99 | -0.88 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.68 | -0.19 |
Drawdowns
SAP.TO vs. L.TO - Drawdown Comparison
The maximum SAP.TO drawdown since its inception was -44.63%, smaller than the maximum L.TO drawdown of -63.24%. Use the drawdown chart below to compare losses from any high point for SAP.TO and L.TO.
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Drawdown Indicators
| SAP.TO | L.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.63% | -63.24% | +18.61% |
Max Drawdown (1Y)Largest decline over 1 year | -16.05% | -14.53% | -1.52% |
Max Drawdown (3Y)Largest decline over 3 years | -32.20% | -14.53% | -17.67% |
Max Drawdown (5Y)Largest decline over 5 years | -35.29% | -14.53% | -20.76% |
Max Drawdown (10Y)Largest decline over 10 years | -44.63% | -20.23% | -24.40% |
Current DrawdownCurrent decline from peak | -4.77% | -9.12% | +4.35% |
Average DrawdownAverage peak-to-trough decline | -13.86% | -14.85% | +0.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.33% | 6.10% | -1.77% |
Volatility
SAP.TO vs. L.TO - Volatility Comparison
The current volatility for Saputo Inc. (SAP.TO) is 6.64%, while Loblaw Companies Limited (L.TO) has a volatility of 8.13%. This indicates that SAP.TO experiences smaller price fluctuations and is considered to be less risky than L.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SAP.TO | L.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.64% | 8.13% | -1.49% |
Volatility (6M)Calculated over the trailing 6-month period | 17.38% | 15.62% | +1.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.43% | 20.79% | +2.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.97% | 18.78% | +4.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.58% | 18.74% | +3.84% |
Dividends
SAP.TO vs. L.TO - Dividend Comparison
SAP.TO's dividend yield for the trailing twelve months is around 1.84%, more than L.TO's 0.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
L.TO Loblaw Companies Limited | 0.90% | 0.89% | 1.58% | 2.14% | 2.16% | 2.32% | 3.63% | 3.34% | 2.51% | 1.57% | 1.46% | 1.52% |
SAP.TO Saputo Inc. | 1.84% | 1.89% | 3.00% | 2.72% | 2.15% | 2.49% | 1.94% | 1.67% | 1.66% | 1.37% | 1.20% | 1.60% |
Financials
SAP.TO vs. L.TO - Financials Comparison
This section allows you to compare key financial metrics between Saputo Inc. and Loblaw Companies 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
SAP.TO vs. L.TO - Profitability Comparison
SAP.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Saputo Inc. reported a gross profit of 818.00M and revenue of 4.89B. Therefore, the gross margin over that period was 16.7%.
L.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Loblaw Companies Limited reported a gross profit of 4.54B and revenue of 14.48B. Therefore, the gross margin over that period was 31.3%.
SAP.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Saputo Inc. reported an operating income of 336.00M and revenue of 4.89B, resulting in an operating margin of 6.9%.
L.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Loblaw Companies Limited reported an operating income of 1.01B and revenue of 14.48B, resulting in an operating margin of 7.0%.
SAP.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Saputo Inc. reported a net income of 220.00M and revenue of 4.89B, resulting in a net margin of 4.5%.
L.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Loblaw Companies Limited reported a net income of 594.00M and revenue of 14.48B, resulting in a net margin of 4.1%.
Frequently Asked Questions
SAP.TO and L.TO have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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