SOY.TO vs. OTLY

Last updated Apr 2, 2026

Compare and contrast key facts about SunOpta Inc. (SOY.TO) and Oatly Group AB (OTLY).

Performance

SOY.TO vs. OTLY - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in SunOpta Inc. (SOY.TO) and Oatly Group AB (OTLY). The values are adjusted to include any dividend payments, if applicable.

SOY.TO vs. OTLY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SOY.TO SunOpta Inc.	72.47%	-52.88%	53.53%	-36.47%	29.76%	-43.93%
OTLY Oatly Group AB	-3.37%	-23.06%	-39.01%	-33.68%	-76.58%	-58.69%

Different Trading Currencies

SOY.TO is traded in CAD, while OTLY is traded in USD. To make them comparable, the OTLY values have been converted to CAD using the latest available exchange rates.

Fundamentals

Market Cap SOY.TO : CA$1.07B OTLY : $318.11M
EPS SOY.TO : CA$0.13 OTLY : -$5.02
PS Ratio SOY.TO : 1.35 OTLY : 0.36
PB Ratio SOY.TO : 6.25 OTLY : 17.14
Total Revenue (TTM) SOY.TO : CA$817.71M OTLY : $862.46M
Gross Profit (TTM) SOY.TO : CA$116.55M OTLY : $277.06M
EBITDA (TTM) SOY.TO : CA$79.43M OTLY : -$70.26M

Returns By Period

In the year-to-date period, SOY.TO achieves a 72.47% return, which is significantly higher than OTLY's -3.37% return.

SOY.TO

• 1D: -0.11%
• 1M: 1.92%
• YTD: 72.47%
• 6M: 9.73%
• 1Y: 34.63%
• 3Y*: -4.54%
• 5Y*: -13.50%
• 10Y*: 4.68%

OTLY

• 1D: 0.45%
• 1M: -11.40%
• YTD: -3.37%
• 6M: -33.61%
• 1Y: 2.17%
• 3Y*: -39.94%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

SOY.TO vs. OTLY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SOY.TO

SOY.TO Risk / Return Rank: 59
SOY.TO Sharpe Ratio Rank: 58
SOY.TO Sortino Ratio Rank: 63
SOY.TO Omega Ratio Rank: 65
SOY.TO Calmar Ratio Rank: 54
SOY.TO Martin Ratio Rank: 54

OTLY

OTLY Risk / Return Rank: 42
OTLY Sharpe Ratio Rank: 43
OTLY Sortino Ratio Rank: 43
OTLY Omega Ratio Rank: 41
OTLY Calmar Ratio Rank: 43
OTLY Martin Ratio Rank: 42

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SOY.TO vs. OTLY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SunOpta Inc. (SOY.TO) and Oatly Group AB (OTLY). 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.

	SOY.TO	OTLY	Difference
Sharpe ratio Return per unit of total volatility	0.50	0.04	+0.46
Sortino ratio Return per unit of downside risk	1.34	0.49	+0.85
Omega ratio Gain probability vs. loss probability	1.20	1.06	+0.14
Calmar ratio Return relative to maximum drawdown	0.60	0.00	+0.60
Martin ratio Return relative to average drawdown	1.36	0.01	+1.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SOY.TO vs. OTLY - Sharpe Ratio Comparison

The current SOY.TO Sharpe Ratio is 0.50, which is higher than the OTLY Sharpe Ratio of 0.04. The chart below compares the historical Sharpe Ratios of SOY.TO and OTLY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SOY.TO	OTLY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.50	0.04	+0.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.23	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.08	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	-0.66	+0.75

Correlation

The correlation between SOY.TO and OTLY is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

SOY.TO vs. OTLY - Dividend Comparison

Neither SOY.TO nor OTLY has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

SOY.TO vs. OTLY - Drawdown Comparison

The maximum SOY.TO drawdown since its inception was -92.94%, smaller than the maximum OTLY drawdown of -98.60%. Use the drawdown chart below to compare losses from any high point for SOY.TO and OTLY.

Drawdown Indicators

	SOY.TO	OTLY	Difference
Max Drawdown Largest peak-to-trough decline	-92.94%	-98.81%	+5.87%
Max Drawdown (1Y) Largest decline over 1 year	-48.31%	-48.11%	-0.20%
Max Drawdown (5Y) Largest decline over 5 years	-79.90%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-86.77%	—	—
Current Drawdown Current decline from peak	-56.99%	-98.22%	+41.23%
Average Drawdown Average peak-to-trough decline	-45.76%	-87.26%	+41.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.54%	25.55%	-4.01%

Volatility

SOY.TO vs. OTLY - Volatility Comparison

The current volatility for SunOpta Inc. (SOY.TO) is 1.72%, while Oatly Group AB (OTLY) has a volatility of 13.35%. This indicates that SOY.TO experiences smaller price fluctuations and is considered to be less risky than OTLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SOY.TO	OTLY	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.72%	13.35%	-11.63%
Volatility (6M) Calculated over the trailing 6-month period	48.86%	42.86%	+6.00%
Volatility (1Y) Calculated over the trailing 1-year period	69.74%	58.43%	+11.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.75%	78.07%	-19.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.62%	78.07%	-17.45%

Financials

SOY.TO vs. OTLY - Profitability Comparison

The chart below illustrates the profitability comparison between SunOpta Inc. and Oatly Group AB over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SOY.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, SunOpta Inc. reported a gross profit of 29.84M and revenue of 219.19M. Therefore, the gross margin over that period was 13.6%.

OTLY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Oatly Group AB reported a gross profit of 80.76M and revenue of 233.78M. Therefore, the gross margin over that period was 34.5%.

SOY.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, SunOpta Inc. reported an operating income of 12.45M and revenue of 219.19M, resulting in an operating margin of 5.7%.

OTLY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Oatly Group AB reported an operating income of -10.10M and revenue of 233.78M, resulting in an operating margin of -4.3%.

SOY.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, SunOpta Inc. reported a net income of 5.79M and revenue of 219.19M, resulting in a net margin of 2.6%.

OTLY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Oatly Group AB reported a net income of -19.14M and revenue of 233.78M, resulting in a net margin of -8.2%.