SNEX vs. L.TO
SNEX (StoneX Group Inc.) and L.TO (Loblaw Companies Limited) are both stocks. SNEX operates in Capital Markets (Financial Services), while L.TO operates in Grocery Stores (Consumer Defensive). Over the past 10 years, SNEX returned 33.48%/yr vs 25.40%/yr for L.TO. At a 0.12 correlation, their price movements are largely independent.
Performance
SNEX vs. L.TO - Performance Comparison
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Different Trading Currencies
SNEX is traded in USD, while L.TO is traded in CAD. To make them comparable, the L.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SNEX achieves a 118.84% return, which is significantly higher than L.TO's -0.85% return. Over the past 10 years, SNEX has outperformed L.TO with an annualized return of 33.48%, while L.TO has yielded a comparatively lower 25.40% annualized return.
SNEX
- 1D
- -0.16%
- 1M
- 23.79%
- YTD
- 118.84%
- 6M
- 115.47%
- 1Y
- 145.88%
- 3Y*
- 77.18%
- 5Y*
- 49.24%
- 10Y*
- 33.48%
L.TO
- 1D
- -1.34%
- 1M
- 0.51%
- YTD
- -0.85%
- 6M
- 0.10%
- 1Y
- 11.22%
- 3Y*
- 31.01%
- 5Y*
- 29.41%
- 10Y*
- 25.40%
SNEX vs. L.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SNEX StoneX Group Inc. | 118.84% | 45.65% | 32.70% | 16.21% | 55.59% | 5.79% | 18.57% | 33.49% | -13.99% | 7.40% |
L.TO Loblaw Companies Limited | -0.85% | 41.13% | 42.49% | 16.45% | 14.71% | 77.01% | 3.78% | 22.83% | 39.76% | 11.66% |
Correlation
The correlation between SNEX and L.TO is 0.02, 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 | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jul 20, 2006 | 0.12 |
The correlation between SNEX and L.TO shifts across timeframes, from 0.02 (1 year) to 0.12 (all time), reflecting how their relationship changes across market environments.
Fundamentals
SNEX:
$11.31B
L.TO:
CA$74.67B
SNEX:
$7.78
L.TO:
CA$3.72
SNEX:
17.83
L.TO:
17.05
SNEX:
0.05
L.TO:
0.73
SNEX:
4.19
L.TO:
6.85
SNEX:
$152.34B
L.TO:
CA$64.25B
SNEX:
$47.64B
L.TO:
CA$19.91B
SNEX:
$2.46B
L.TO:
CA$7.21B
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Return for Risk
SNEX vs. L.TO — Risk / Return Rank
SNEX
L.TO
SNEX vs. L.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for StoneX Group Inc. (SNEX) 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.
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.
| SNEX | L.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.90 | ||
| Sortino ratioReturn per unit of downside risk | +2.64 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.11 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 7.02 | 0.76 | +6.25 |
| Martin ratioReturn relative to average drawdown | 17.98 | 1.71 | +16.27 |
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Drawdowns
SNEX vs. L.TO - Drawdown Comparison
The maximum SNEX drawdown since its inception was -97.89%, which is greater than L.TO's maximum drawdown of -52.16%. Use the drawdown chart below to compare losses from any high point for SNEX and L.TO.
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Drawdown Indicators
| SNEX | L.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.89% | -52.16% | -45.73% |
Max Drawdown (1Y)Largest decline over 1 year | -20.91% | -14.75% | -6.16% |
Max Drawdown (3Y)Largest decline over 3 years | -20.91% | -14.75% | -6.16% |
Max Drawdown (5Y)Largest decline over 5 years | -24.07% | -18.22% | -5.85% |
Max Drawdown (10Y)Largest decline over 10 years | -48.65% | -25.03% | -23.62% |
Current DrawdownCurrent decline from peak | -0.16% | -11.47% | +11.31% |
Average DrawdownAverage peak-to-trough decline | -42.86% | -7.71% | -35.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.15% | 6.58% | +1.57% |
Volatility
SNEX vs. L.TO - Volatility Comparison
StoneX Group Inc. (SNEX) has a higher volatility of 12.39% compared to Loblaw Companies Limited (L.TO) at 6.70%. This indicates that SNEX's price experiences larger fluctuations and is considered to be riskier 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
| SNEX | L.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.39% | 6.70% | +5.69% |
Volatility (6M)Calculated over the trailing 6-month period | 30.98% | 16.21% | +14.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.87% | 21.15% | +21.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.24% | 19.82% | +15.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.55% | 21.30% | +15.25% |
Dividends
SNEX vs. L.TO - Dividend Comparison
SNEX has not paid dividends to shareholders, while L.TO's dividend yield for the trailing twelve months is around 0.91%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
L.TO Loblaw Companies Limited | 0.91% | 2.19% | 4.20% | 5.43% | 5.28% | 5.40% | 8.15% | 7.40% | 6.45% | 7.84% | 7.27% | 7.61% |
SNEX StoneX Group 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
SNEX vs. L.TO - Financials Comparison
This section allows you to compare key financial metrics between StoneX Group 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
SNEX vs. L.TO - Profitability Comparison
SNEX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, StoneX Group Inc. reported a gross profit of 45.35B and revenue of 45.76B. Therefore, the gross margin over that period was 99.1%.
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%.
SNEX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, StoneX Group Inc. reported an operating income of 45.32B and revenue of 45.76B, resulting in an operating margin of 99.0%.
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%.
SNEX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, StoneX Group Inc. reported a net income of 174.30M and revenue of 45.76B, resulting in a net margin of 0.4%.
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
SNEX and L.TO have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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