SPOT vs. KSI.TO
SPOT (Spotify Technology S.A.) and KSI.TO (kneat.com, inc.) are both stocks. SPOT operates in Internet Content & Information (Communication Services), while KSI.TO operates in Health Information Services (Healthcare). Over the past 5 years, SPOT returned 14.62%/yr vs 13.55%/yr for KSI.TO. At a 0.09 correlation, their price movements are largely independent.
Performance
SPOT vs. KSI.TO - Performance Comparison
Loading charts...
Different Trading Currencies
SPOT is traded in USD, while KSI.TO is traded in CAD. To make them comparable, the KSI.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SPOT achieves a -17.00% return, which is significantly lower than KSI.TO's 28.16% return.
SPOT
- 1D
- -0.82%
- 1M
- 11.86%
- YTD
- -17.00%
- 6M
- -19.37%
- 1Y
- -31.42%
- 3Y*
- 47.06%
- 5Y*
- 14.62%
- 10Y*
- —
KSI.TO
- 1D
- -0.13%
- 1M
- 23.90%
- YTD
- 28.16%
- 6M
- 44.15%
- 1Y
- -4.67%
- 3Y*
- 32.25%
- 5Y*
- 13.55%
- 10Y*
- —
SPOT vs. KSI.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SPOT Spotify Technology S.A. | -17.00% | 29.80% | 138.08% | 138.01% | -66.27% | -25.62% | 110.40% | 31.76% | -31.59% |
KSI.TO kneat.com, inc. | 28.16% | -12.02% | 77.13% | 17.02% | -36.59% | 40.49% | 5.42% | 191.61% | 0.82% |
Correlation
The correlation between SPOT and KSI.TO is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2018 | 0.09 |
Fundamentals
SPOT:
$100.87B
KSI.TO:
CA$616.94M
SPOT:
€12.94
KSI.TO:
-CA$0.09
SPOT:
4.98
KSI.TO:
9.23
SPOT:
10.87
KSI.TO:
9.78
SPOT:
€17.60B
KSI.TO:
CA$66.52M
SPOT:
€5.68B
KSI.TO:
CA$39.98M
SPOT:
€2.75B
KSI.TO:
CA$12.62M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SPOT vs. KSI.TO — Risk / Return Rank
SPOT
KSI.TO
SPOT vs. KSI.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Spotify Technology S.A. (SPOT) and kneat.com, inc. (KSI.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.
| SPOT | KSI.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -1.05 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.03 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.67 | -0.09 | -0.58 |
| Martin ratioReturn relative to average drawdown | -1.16 | -0.16 | -0.99 |
Loading charts...
Drawdowns
SPOT vs. KSI.TO - Drawdown Comparison
The maximum SPOT drawdown since its inception was -80.51%, which is greater than KSI.TO's maximum drawdown of -63.82%. Use the drawdown chart below to compare losses from any high point for SPOT and KSI.TO.
Loading charts...
Drawdown Indicators
| SPOT | KSI.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.51% | -63.82% | -16.69% |
Max Drawdown (1Y)Largest decline over 1 year | -46.80% | -51.07% | +4.27% |
Max Drawdown (3Y)Largest decline over 3 years | -46.80% | -52.30% | +5.50% |
Max Drawdown (5Y)Largest decline over 5 years | -76.39% | -52.30% | -24.09% |
Current DrawdownCurrent decline from peak | -37.88% | -7.81% | -30.07% |
Average DrawdownAverage peak-to-trough decline | -30.87% | -23.70% | -7.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.16% | 28.48% | -1.32% |
Volatility
SPOT vs. KSI.TO - Volatility Comparison
The current volatility for Spotify Technology S.A. (SPOT) is 16.23%, while kneat.com, inc. (KSI.TO) has a volatility of 17.70%. This indicates that SPOT experiences smaller price fluctuations and is considered to be less risky than KSI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SPOT | KSI.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.23% | 17.70% | -1.47% |
Volatility (6M)Calculated over the trailing 6-month period | 37.28% | 34.94% | +2.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.28% | 47.71% | -2.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.58% | 46.29% | +1.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.36% | 58.80% | -11.44% |
Dividends
SPOT vs. KSI.TO - Dividend Comparison
Neither SPOT nor KSI.TO has paid dividends to shareholders.
Financials
SPOT vs. KSI.TO - Financials Comparison
This section allows you to compare key financial metrics between Spotify Technology S.A. and kneat.com, inc.. 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
SPOT vs. KSI.TO - Profitability Comparison
SPOT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Spotify Technology S.A. reported a gross profit of 1.51B and revenue of 4.61B. Therefore, the gross margin over that period was 32.9%.
KSI.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, kneat.com, inc. reported a gross profit of 10.21M and revenue of 18.00M. Therefore, the gross margin over that period was 56.7%.
SPOT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Spotify Technology S.A. reported an operating income of 726.76M and revenue of 4.61B, resulting in an operating margin of 15.8%.
KSI.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, kneat.com, inc. reported an operating income of -2.33M and revenue of 18.00M, resulting in an operating margin of -12.9%.
SPOT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Spotify Technology S.A. reported a net income of 732.86M and revenue of 4.61B, resulting in a net margin of 15.9%.
KSI.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, kneat.com, inc. reported a net income of -3.95M and revenue of 18.00M, resulting in a net margin of -21.9%.
Frequently Asked Questions
SPOT and KSI.TO have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for SPOT and KSI.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer