SCR.TO vs. BDI.TO
SCR.TO (Strathcona Resources Ltd.) and BDI.TO (Black Diamond Group Limited) are both stocks. SCR.TO operates in Oil & Gas E&P (Energy), while BDI.TO operates in Rental & Leasing Services (Industrials). Over the past 10 years, SCR.TO returned 10.03%/yr vs 15.11%/yr for BDI.TO. At a 0.14 correlation, their price movements are largely independent.
Performance
SCR.TO vs. BDI.TO - Performance Comparison
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Returns By Period
In the year-to-date period, SCR.TO achieves a 63.68% return, which is significantly higher than BDI.TO's 32.03% return. Over the past 10 years, SCR.TO has underperformed BDI.TO with an annualized return of 10.03%, while BDI.TO has yielded a comparatively higher 15.11% annualized return.
SCR.TO
- 1D
- 1.00%
- 1M
- 2.77%
- YTD
- 63.68%
- 6M
- 8.16%
- 1Y
- 56.88%
- 3Y*
- 9.49%
- 5Y*
- 15.02%
- 10Y*
- 10.03%
BDI.TO
- 1D
- -1.58%
- 1M
- 17.97%
- YTD
- 32.03%
- 6M
- 37.69%
- 1Y
- 106.72%
- 3Y*
- 47.96%
- 5Y*
- 36.01%
- 10Y*
- 15.11%
SCR.TO vs. BDI.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCR.TO Strathcona Resources Ltd. | 63.68% | -8.46% | 49.61% | -49.71% | -22.88% | 480.60% | -60.36% | -15.50% | -42.86% | -39.66% |
BDI.TO Black Diamond Group Limited | 32.03% | 58.01% | 16.69% | 71.38% | 10.69% | 63.76% | 26.51% | 2.87% | -12.55% | -44.51% |
Correlation
The correlation between SCR.TO and BDI.TO is -0.07, 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 | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Nov 11, 2009 | 0.14 |
The correlation between SCR.TO and BDI.TO shifts across timeframes, from -0.07 (1 year) to 0.20 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
SCR.TO:
CA$9.92B
BDI.TO:
CA$1.35B
SCR.TO:
CA$3.48
BDI.TO:
CA$0.48
SCR.TO:
13.34
BDI.TO:
40.58
SCR.TO:
0.16
BDI.TO:
2.97
SCR.TO:
2.69
BDI.TO:
2.65
SCR.TO:
2.30
BDI.TO:
3.32
SCR.TO:
CA$3.69B
BDI.TO:
CA$484.67M
SCR.TO:
CA$952.70M
BDI.TO:
CA$177.39M
SCR.TO:
CA$1.53B
BDI.TO:
CA$130.40M
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Return for Risk
SCR.TO vs. BDI.TO — Risk / Return Rank
SCR.TO
BDI.TO
SCR.TO vs. BDI.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Strathcona Resources Ltd. (SCR.TO) and Black Diamond Group Limited (BDI.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.
| SCR.TO | BDI.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.53 | ||
| Sortino ratioReturn per unit of downside risk | -3.14 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.57 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 1.41 | 6.53 | -5.12 |
| Martin ratioReturn relative to average drawdown | 3.34 | 19.53 | -16.19 |
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
| SCR.TO | BDI.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.24 | 3.76 | -2.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | 1.08 | -0.78 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.16 | 0.33 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.00 | 0.25 | -0.26 |
Drawdowns
SCR.TO vs. BDI.TO - Drawdown Comparison
The maximum SCR.TO drawdown since its inception was -95.22%, roughly equal to the maximum BDI.TO drawdown of -96.59%. Use the drawdown chart below to compare losses from any high point for SCR.TO and BDI.TO.
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Drawdown Indicators
| SCR.TO | BDI.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.22% | -96.59% | +1.37% |
Max Drawdown (1Y)Largest decline over 1 year | -40.44% | -16.44% | -24.00% |
Max Drawdown (3Y)Largest decline over 3 years | -48.39% | -23.39% | -25.00% |
Max Drawdown (5Y)Largest decline over 5 years | -78.14% | -37.06% | -41.08% |
Max Drawdown (10Y)Largest decline over 10 years | -95.22% | -82.38% | -12.84% |
Current DrawdownCurrent decline from peak | -50.98% | -26.83% | -24.15% |
Average DrawdownAverage peak-to-trough decline | -64.23% | -50.69% | -13.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.09% | 5.48% | +11.61% |
Volatility
SCR.TO vs. BDI.TO - Volatility Comparison
Strathcona Resources Ltd. (SCR.TO) has a higher volatility of 15.61% compared to Black Diamond Group Limited (BDI.TO) at 10.15%. This indicates that SCR.TO's price experiences larger fluctuations and is considered to be riskier than BDI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCR.TO | BDI.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.61% | 10.15% | +5.46% |
Volatility (6M)Calculated over the trailing 6-month period | 42.80% | 19.62% | +23.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.26% | 28.52% | +17.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.32% | 33.68% | +17.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.95% | 45.45% | +17.50% |
Dividends
SCR.TO vs. BDI.TO - Dividend Comparison
SCR.TO's dividend yield for the trailing twelve months is around 0.65%, less than BDI.TO's 0.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDI.TO Black Diamond Group Limited | 0.83% | 1.02% | 1.33% | 1.10% | 1.35% | 0.59% | 0.00% | 0.00% | 0.00% | 7.32% | 7.74% | 13.24% |
SCR.TO Strathcona Resources Ltd. | 0.65% | 1.98% | 1.59% | 6.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
SCR.TO vs. BDI.TO - Financials Comparison
This section allows you to compare key financial metrics between Strathcona Resources Ltd. and Black Diamond Group 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
SCR.TO vs. BDI.TO - Profitability Comparison
SCR.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Strathcona Resources Ltd. reported a gross profit of 255.00M and revenue of 992.00M. Therefore, the gross margin over that period was 25.7%.
BDI.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Black Diamond Group Limited reported a gross profit of 38.79M and revenue of 129.98M. Therefore, the gross margin over that period was 29.8%.
SCR.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Strathcona Resources Ltd. reported an operating income of 214.00M and revenue of 992.00M, resulting in an operating margin of 21.6%.
BDI.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Black Diamond Group Limited reported an operating income of 13.44M and revenue of 129.98M, resulting in an operating margin of 10.3%.
SCR.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Strathcona Resources Ltd. reported a net income of 39.00M and revenue of 992.00M, resulting in a net margin of 3.9%.
BDI.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Black Diamond Group Limited reported a net income of 2.67M and revenue of 129.98M, resulting in a net margin of 2.1%.
Frequently Asked Questions
SCR.TO and BDI.TO have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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