TF.TO vs. ACO-X.TO
TF.TO (Timbercreek Financial Corp.) and ACO-X.TO (ATCO Ltd) are both stocks. TF.TO operates in Mortgage Finance (Financial Services), while ACO-X.TO operates in Utilities - Diversified (Utilities). Over the past 5 years, TF.TO returned 1.70%/yr vs 14.33%/yr for ACO-X.TO. At a 0.18 correlation, their price movements are largely independent.
Performance
TF.TO vs. ACO-X.TO - Performance Comparison
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Returns By Period
In the year-to-date period, TF.TO achieves a 0.53% return, which is significantly lower than ACO-X.TO's 30.25% return.
TF.TO
- 1D
- 1.23%
- 1M
- 3.70%
- YTD
- 0.53%
- 6M
- 1.82%
- 1Y
- -3.36%
- 3Y*
- 5.74%
- 5Y*
- 1.70%
- 10Y*
- —
ACO-X.TO
- 1D
- -0.45%
- 1M
- 6.04%
- YTD
- 30.25%
- 6M
- 37.62%
- 1Y
- 45.31%
- 3Y*
- 26.35%
- 5Y*
- 14.33%
- 10Y*
- 9.15%
TF.TO vs. ACO-X.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TF.TO Timbercreek Financial Corp. | 0.53% | 6.58% | 16.09% | 3.20% | -19.62% | 19.59% | -5.44% | 22.00% | -1.96% | 18.70% |
ACO-X.TO ATCO Ltd | 30.25% | 23.29% | 28.83% | -4.26% | 3.50% | 22.23% | -23.55% | 33.41% | -10.91% | 3.62% |
Correlation
The correlation between TF.TO and ACO-X.TO is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2016 | 0.18 |
The correlation between TF.TO and ACO-X.TO shifts across timeframes, from -0.01 (1 year) to 0.22 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
TF.TO:
CA$545.34M
ACO-X.TO:
CA$8.19B
TF.TO:
CA$0.36
ACO-X.TO:
CA$1.40
TF.TO:
18.15
ACO-X.TO:
51.63
TF.TO:
0.84
ACO-X.TO:
2.46
TF.TO:
3.74
ACO-X.TO:
1.58
TF.TO:
0.83
ACO-X.TO:
1.76
TF.TO:
CA$145.73M
ACO-X.TO:
CA$5.16B
TF.TO:
CA$79.48M
ACO-X.TO:
CA$1.64B
TF.TO:
CA$55.87M
ACO-X.TO:
CA$2.10B
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Return for Risk
TF.TO vs. ACO-X.TO — Risk / Return Rank
TF.TO
ACO-X.TO
TF.TO vs. ACO-X.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Timbercreek Financial Corp. (TF.TO) and ATCO Ltd (ACO-X.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.
| TF.TO | ACO-X.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.18 | ||
| Sortino ratioReturn per unit of downside risk | -4.09 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.51 | -0.53 |
| Calmar ratioReturn relative to maximum drawdown | -0.21 | 5.82 | -6.02 |
| Martin ratioReturn relative to average drawdown | -0.48 | 14.46 | -14.94 |
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Drawdowns
TF.TO vs. ACO-X.TO - Drawdown Comparison
The maximum TF.TO drawdown since its inception was -40.43%, smaller than the maximum ACO-X.TO drawdown of -48.31%. Use the drawdown chart below to compare losses from any high point for TF.TO and ACO-X.TO.
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Drawdown Indicators
| TF.TO | ACO-X.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.43% | -48.31% | +7.88% |
Max Drawdown (1Y)Largest decline over 1 year | -16.36% | -7.83% | -8.53% |
Max Drawdown (3Y)Largest decline over 3 years | -23.05% | -15.90% | -7.15% |
Max Drawdown (5Y)Largest decline over 5 years | -30.99% | -26.85% | -4.14% |
Max Drawdown (10Y)Largest decline over 10 years | — | -48.31% | — |
Current DrawdownCurrent decline from peak | -8.19% | -0.86% | -7.33% |
Average DrawdownAverage peak-to-trough decline | -6.65% | -12.82% | +6.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.03% | 3.14% | +3.89% |
Volatility
TF.TO vs. ACO-X.TO - Volatility Comparison
The current volatility for Timbercreek Financial Corp. (TF.TO) is 3.57%, while ATCO Ltd (ACO-X.TO) has a volatility of 6.13%. This indicates that TF.TO experiences smaller price fluctuations and is considered to be less risky than ACO-X.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TF.TO | ACO-X.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.57% | 6.13% | -2.56% |
Volatility (6M)Calculated over the trailing 6-month period | 11.96% | 11.64% | +0.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.10% | 15.43% | +0.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.24% | 15.77% | +2.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.05% | 20.58% | -1.53% |
Dividends
TF.TO vs. ACO-X.TO - Dividend Comparison
TF.TO's dividend yield for the trailing twelve months is around 10.47%, more than ACO-X.TO's 2.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACO-X.TO ATCO Ltd | 2.83% | 3.58% | 4.12% | 4.92% | 4.36% | 4.20% | 4.77% | 3.25% | 3.90% | 2.91% | 2.55% | 2.77% |
TF.TO Timbercreek Financial Corp. | 10.47% | 10.09% | 9.76% | 10.35% | 9.76% | 7.18% | 7.99% | 6.95% | 7.89% | 7.12% | 3.92% | 0.00% |
Financials
TF.TO vs. ACO-X.TO - Financials Comparison
This section allows you to compare key financial metrics between Timbercreek Financial Corp. and ATCO Ltd. 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
TF.TO vs. ACO-X.TO - Profitability Comparison
TF.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Timbercreek Financial Corp. reported a gross profit of 22.05M and revenue of 39.10M. Therefore, the gross margin over that period was 56.4%.
ACO-X.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ATCO Ltd reported a gross profit of 592.00M and revenue of 1.43B. Therefore, the gross margin over that period was 41.5%.
TF.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Timbercreek Financial Corp. reported an operating income of 17.68M and revenue of 39.10M, resulting in an operating margin of 45.2%.
ACO-X.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ATCO Ltd reported an operating income of 401.00M and revenue of 1.43B, resulting in an operating margin of 28.1%.
TF.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Timbercreek Financial Corp. reported a net income of 10.37M and revenue of 39.10M, resulting in a net margin of 26.5%.
ACO-X.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ATCO Ltd reported a net income of 152.00M and revenue of 1.43B, resulting in a net margin of 10.7%.
Frequently Asked Questions
TF.TO and ACO-X.TO have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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