SPHR vs. IMAX
SPHR (Sphere Entertainment Co.) and IMAX (Imax Corp) are both stocks. Both operate in the Entertainment industry within the Communication Services sector. Over the past 5 years, SPHR returned 34.69%/yr vs 24.27%/yr for IMAX. Their 0.29 correlation means their historical movements had little consistent relationship.
Performance
SPHR vs. IMAX - Performance Comparison
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Returns By Period
In the year-to-date period, SPHR achieves a 50.66% return, which is significantly higher than IMAX's 29.44% return.
SPHR
- 1D
- -3.42%
- 1M
- -12.54%
- 6M
- 49.98%
- YTD
- 50.66%
- 1Y
- 251.88%
- 3Y*
- 51.46%
- 5Y*
- 34.69%
- 10Y*
- —
- ALL TIME*
- 19.65%
IMAX
- 1D
- 0.50%
- 1M
- 19.96%
- 6M
- 37.04%
- YTD
- 29.44%
- 1Y
- 89.84%
- 3Y*
- 37.51%
- 5Y*
- 24.27%
- 10Y*
- 3.86%
- ALL TIME*
- 6.28%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
IMAX Imax Corp | $97.65M | $65.64M | $51.20M |
| $113.64M | $101.94M | $107.18M |
SPHR vs. IMAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SPHR Sphere Entertainment Co. | 50.66% | 135.81% | 18.73% | 63.49% | -36.07% | -33.04% | 5.04% |
IMAX Imax Corp | 29.44% | 44.37% | 70.44% | 2.46% | -17.83% | -1.00% | 75.29% |
Correlation
The correlation between SPHR and IMAX is 0.19, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.19 |
Correlation (3Y) Balances recent behavior with more history. | 0.20 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.29 |
Correlation (All Time) Calculated using the full available price history since Apr 9, 2020 | 0.29 |
The correlation between SPHR and IMAX shifts across timeframes, from 0.19 (1 year) to 0.29 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
SPHR:
$5.15B
IMAX:
$2.62B
SPHR:
$3.02
IMAX:
$0.73
SPHR:
47.40
IMAX:
65.70
SPHR:
0.07
IMAX:
2.39
SPHR:
4.28
IMAX:
6.46
SPHR:
$1.33B
IMAX:
$416.08M
SPHR:
$640.21M
IMAX:
$246.08M
SPHR:
$548.04M
IMAX:
$118.26M
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Return for Risk
SPHR vs. IMAX — Risk / Return Rank
SPHR
IMAX
SPHR vs. IMAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sphere Entertainment Co. (SPHR) and Imax Corp (IMAX). 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.
| SPHR | IMAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.38 | ||
| Sortino ratioReturn per unit of downside risk | +1.66 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.39 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 10.21 | 3.78 | +6.43 |
| Martin ratioReturn relative to average drawdown | 36.28 | 9.82 | +26.46 |
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Drawdowns
SPHR vs. IMAX - Drawdown Comparison
The maximum SPHR drawdown since its inception was -65.73%, smaller than the maximum IMAX drawdown of -98.20%. Use the drawdown chart below to compare losses from any high point for SPHR and IMAX.
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Drawdown Indicators
| SPHR | IMAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.73% | -98.20% | +32.47% |
Max Drawdown (1Y)Largest decline over 1 year | -22.96% | -22.74% | -0.22% |
Max Drawdown (3Y)Largest decline over 3 years | -52.29% | -31.99% | -20.30% |
Max Drawdown (5Y)Largest decline over 5 years | -52.29% | -44.21% | -8.08% |
Max Drawdown (10Y)Largest decline over 10 years | — | -79.43% | — |
Current DrawdownCurrent decline from peak | -17.21% | -1.69% | -15.52% |
Average DrawdownAverage peak-to-trough decline | -29.34% | -48.73% | +19.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.51% | 8.75% | -2.24% |
Volatility
SPHR vs. IMAX - Volatility Comparison
Sphere Entertainment Co. (SPHR) has a higher volatility of 16.79% compared to Imax Corp (IMAX) at 15.98%. This indicates that SPHR's price experiences larger fluctuations and is considered to be riskier than IMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPHR | IMAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.79% | 15.98% | +0.81% |
Volatility (6M)Calculated over the trailing 6-month period | 40.20% | 33.72% | +6.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.58% | 41.40% | +11.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.98% | 40.38% | +11.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.34% | 46.27% | +5.07% |
Dividends
SPHR vs. IMAX - Dividend Comparison
Neither SPHR nor IMAX has paid dividends to shareholders.
Financials
SPHR vs. IMAX - Financials Comparison
This section allows you to compare key financial metrics between Sphere Entertainment Co. and Imax Corp. 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
SPHR vs. IMAX - Profitability Comparison
SPHR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Sphere Entertainment Co. reported a gross profit of 132.40M and revenue of 386.41M. Therefore, the gross margin over that period was 34.3%.
IMAX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Imax Corp reported a gross profit of 62.90M and revenue of 102.84M. Therefore, the gross margin over that period was 61.2%.
SPHR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Sphere Entertainment Co. reported an operating income of 10.78M and revenue of 386.41M, resulting in an operating margin of 2.8%.
IMAX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Imax Corp reported an operating income of 20.77M and revenue of 102.84M, resulting in an operating margin of 20.2%.
SPHR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Sphere Entertainment Co. reported a net income of 4.46M and revenue of 386.41M, resulting in a net margin of 1.2%.
IMAX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Imax Corp reported a net income of 15.40M and revenue of 102.84M, resulting in a net margin of 15.0%.
Frequently Asked Questions
SPHR and IMAX have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SPHR has higher volatility (16.79%) compared to IMAX (15.98%). In terms of maximum drawdown, SPHR dropped -65.73% vs IMAX's -98.20%.
SPHR currently has the higher Sharpe Ratio (4.46 vs 2.08), 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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