T.TO vs. CU.TO
T.TO (TELUS Corporation) and CU.TO (Canadian Utilities Limited) are both stocks. T.TO operates in Telecom Services (Communication Services), while CU.TO operates in Utilities - Diversified (Utilities). Over the past 10 years, T.TO returned 12.80%/yr vs 8.34%/yr for CU.TO. At a 0.24 correlation, their price movements are largely independent.
Performance
T.TO vs. CU.TO - Performance Comparison
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Returns By Period
In the year-to-date period, T.TO achieves a -3.54% return, which is significantly lower than CU.TO's 23.51% return. Over the past 10 years, T.TO has outperformed CU.TO with an annualized return of 12.80%, while CU.TO has yielded a comparatively lower 8.34% annualized return.
T.TO
- 1D
- 0.06%
- 1M
- 1.59%
- YTD
- -3.54%
- 6M
- -1.02%
- 1Y
- -17.01%
- 3Y*
- -6.72%
- 5Y*
- -3.61%
- 10Y*
- 12.80%
CU.TO
- 1D
- 0.10%
- 1M
- 7.14%
- YTD
- 23.51%
- 6M
- 27.11%
- 1Y
- 41.81%
- 3Y*
- 19.57%
- 5Y*
- 13.22%
- 10Y*
- 8.34%
T.TO vs. CU.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
T.TO TELUS Corporation | -3.54% | 0.34% | -11.50% | -4.41% | -8.27% | 23.58% | 113.11% | 21.76% | 3.92% | 21.55% |
CU.TO Canadian Utilities Limited | 23.51% | 28.75% | 15.61% | -8.24% | 4.73% | 24.14% | -16.53% | 31.00% | -12.18% | 7.28% |
Correlation
The correlation between T.TO and CU.TO is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.24 |
The correlation between T.TO and CU.TO shifts across timeframes, from 0.10 (1 year) to 0.33 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
T.TO:
CA$25.99B
CU.TO:
CA$14.11B
T.TO:
CA$0.60
CU.TO:
CA$0.39
T.TO:
27.67
CU.TO:
131.64
T.TO:
1.26
CU.TO:
3.82
T.TO:
1.67
CU.TO:
2.82
T.TO:
CA$20.32B
CU.TO:
CA$3.69B
T.TO:
CA$8.88B
CU.TO:
CA$905.00M
T.TO:
CA$7.49B
CU.TO:
CA$1.82B
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Return for Risk
T.TO vs. CU.TO — Risk / Return Rank
T.TO
CU.TO
T.TO vs. CU.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TELUS Corporation (T.TO) and Canadian Utilities Limited (CU.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.
| T.TO | CU.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.27 | ||
| Sortino ratioReturn per unit of downside risk | -5.73 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 1.60 | -0.78 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | 5.84 | -6.56 |
| Martin ratioReturn relative to average drawdown | -1.26 | 20.12 | -21.38 |
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Drawdowns
T.TO vs. CU.TO - Drawdown Comparison
The maximum T.TO drawdown since its inception was -39.72%, roughly equal to the maximum CU.TO drawdown of -40.15%. Use the drawdown chart below to compare losses from any high point for T.TO and CU.TO.
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Drawdown Indicators
| T.TO | CU.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.72% | -40.15% | +0.43% |
Max Drawdown (1Y)Largest decline over 1 year | -24.59% | -7.24% | -17.35% |
Max Drawdown (3Y)Largest decline over 3 years | -24.59% | -17.57% | -7.02% |
Max Drawdown (5Y)Largest decline over 5 years | -38.60% | -27.68% | -10.92% |
Max Drawdown (10Y)Largest decline over 10 years | -38.60% | -40.15% | +1.55% |
Current DrawdownCurrent decline from peak | -35.63% | 0.00% | -35.63% |
Average DrawdownAverage peak-to-trough decline | -10.14% | -9.71% | -0.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.06% | 2.10% | +11.96% |
Volatility
T.TO vs. CU.TO - Volatility Comparison
The current volatility for TELUS Corporation (T.TO) is 3.35%, while Canadian Utilities Limited (CU.TO) has a volatility of 4.44%. This indicates that T.TO experiences smaller price fluctuations and is considered to be less risky than CU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| T.TO | CU.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.35% | 4.44% | -1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 13.36% | 10.50% | +2.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.81% | 13.20% | +3.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.44% | 14.54% | +1.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.56% | 18.42% | +15.14% |
Dividends
T.TO vs. CU.TO - Dividend Comparison
T.TO's dividend yield for the trailing twelve months is around 10.05%, more than CU.TO's 3.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CU.TO Canadian Utilities Limited | 3.56% | 4.28% | 5.20% | 5.63% | 4.85% | 4.79% | 5.60% | 4.32% | 5.02% | 3.82% | 3.59% | 3.69% |
T.TO TELUS Corporation | 10.05% | 9.14% | 7.99% | 6.17% | 5.19% | 4.27% | 4.70% | 8.96% | 9.28% | 8.27% | 8.61% | 8.78% |
Financials
T.TO vs. CU.TO - Financials Comparison
This section allows you to compare key financial metrics between TELUS Corporation and Canadian Utilities 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
T.TO vs. CU.TO - Profitability Comparison
T.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TELUS Corporation reported a gross profit of 824.00M and revenue of 4.99B. Therefore, the gross margin over that period was 16.5%.
CU.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Canadian Utilities Limited reported a gross profit of 474.00M and revenue of 1.08B. Therefore, the gross margin over that period was 43.7%.
T.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TELUS Corporation reported an operating income of 824.00M and revenue of 4.99B, resulting in an operating margin of 16.5%.
CU.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Canadian Utilities Limited reported an operating income of 393.00M and revenue of 1.08B, resulting in an operating margin of 36.3%.
T.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TELUS Corporation reported a net income of 136.00M and revenue of 4.99B, resulting in a net margin of 2.7%.
CU.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Canadian Utilities Limited reported a net income of 224.00M and revenue of 1.08B, resulting in a net margin of 20.7%.
Frequently Asked Questions
T.TO and CU.TO have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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