TFPM vs. INOD
TFPM (Triple Flag Precious Metals Corp) and INOD (Innodata Inc.) are both stocks. TFPM operates in Other Precious Metals & Mining (Basic Materials), while INOD operates in Information Technology Services (Technology). Over the past 3 years, TFPM returned 28.25%/yr vs 114.32%/yr for INOD. At a 0.16 correlation, their price movements are largely independent.
Performance
TFPM vs. INOD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TFPM achieves a -11.94% return, which is significantly lower than INOD's 98.04% return.
TFPM
- 1D
- 4.14%
- 1M
- -17.89%
- YTD
- -11.94%
- 6M
- -15.62%
- 1Y
- 19.91%
- 3Y*
- 28.25%
- 5Y*
- —
- 10Y*
- —
INOD
- 1D
- -4.23%
- 1M
- 12.17%
- YTD
- 98.04%
- 6M
- 92.56%
- 1Y
- 137.86%
- 3Y*
- 114.32%
- 5Y*
- 69.37%
- 10Y*
- 45.64%
TFPM vs. INOD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TFPM Triple Flag Precious Metals Corp | -11.94% | 123.03% | 14.60% | -1.81% | 14.71% | 32.61% |
INOD Innodata Inc. | 98.04% | 28.92% | 385.50% | 174.54% | -49.92% | -34.30% |
Correlation
The correlation between TFPM and INOD is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2021 | 0.16 |
Fundamentals
TFPM:
$6.04B
INOD:
$3.59B
TFPM:
$1.51
INOD:
$1.11
TFPM:
19.28
INOD:
90.91
TFPM:
0.15
INOD:
0.02
TFPM:
13.23
INOD:
12.60
TFPM:
2.80
INOD:
28.00
TFPM:
$453.24M
INOD:
$283.42M
TFPM:
$337.23M
INOD:
$76.88M
TFPM:
$354.95M
INOD:
$37.35M
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
TFPM vs. INOD — Risk / Return Rank
TFPM
INOD
TFPM vs. INOD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Triple Flag Precious Metals Corp (TFPM) and Innodata Inc. (INOD). 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.
| TFPM | INOD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.68 | ||
| Sortino ratioReturn per unit of downside risk | -1.78 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.31 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 0.57 | 2.20 | -1.63 |
| Martin ratioReturn relative to average drawdown | 1.64 | 3.97 | -2.34 |
Loading charts...
Drawdowns
TFPM vs. INOD - Drawdown Comparison
The maximum TFPM drawdown since its inception was -36.48%, smaller than the maximum INOD drawdown of -95.47%. Use the drawdown chart below to compare losses from any high point for TFPM and INOD.
Loading charts...
Drawdown Indicators
| TFPM | INOD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.48% | -95.47% | +58.99% |
Max Drawdown (1Y)Largest decline over 1 year | -34.87% | -63.03% | +28.16% |
Max Drawdown (3Y)Largest decline over 3 years | -34.87% | -63.03% | +28.16% |
Max Drawdown (5Y)Largest decline over 5 years | — | -74.44% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -74.44% | — |
Current DrawdownCurrent decline from peak | -29.27% | -16.95% | -12.32% |
Average DrawdownAverage peak-to-trough decline | -13.43% | -60.07% | +46.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.18% | 34.83% | -22.65% |
Volatility
TFPM vs. INOD - Volatility Comparison
The current volatility for Triple Flag Precious Metals Corp (TFPM) is 15.92%, while Innodata Inc. (INOD) has a volatility of 32.31%. This indicates that TFPM experiences smaller price fluctuations and is considered to be less risky than INOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TFPM | INOD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.92% | 32.31% | -16.39% |
Volatility (6M)Calculated over the trailing 6-month period | 34.29% | 89.40% | -55.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.51% | 122.08% | -78.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.45% | 106.74% | -69.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.45% | 89.36% | -51.91% |
Dividends
TFPM vs. INOD - Dividend Comparison
TFPM's dividend yield for the trailing twelve months is around 0.79%, while INOD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
INOD Innodata Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TFPM Triple Flag Precious Metals Corp | 0.79% | 0.68% | 1.43% | 1.54% | 1.07% | 0.39% |
Financials
TFPM vs. INOD - Financials Comparison
This section allows you to compare key financial metrics between Triple Flag Precious Metals Corp and Innodata 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
TFPM vs. INOD - Profitability Comparison
TFPM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Triple Flag Precious Metals Corp reported a gross profit of 104.35M and revenue of 144.96M. Therefore, the gross margin over that period was 72.0%.
INOD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Innodata Inc. reported a gross profit of 0.00 and revenue of 90.10M. Therefore, the gross margin over that period was 0.0%.
TFPM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Triple Flag Precious Metals Corp reported an operating income of 97.00M and revenue of 144.96M, resulting in an operating margin of 66.9%.
INOD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Innodata Inc. reported an operating income of 0.00 and revenue of 90.10M, resulting in an operating margin of 0.0%.
TFPM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Triple Flag Precious Metals Corp reported a net income of 115.31M and revenue of 144.96M, resulting in a net margin of 79.6%.
INOD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Innodata Inc. reported a net income of 14.90M and revenue of 90.10M, resulting in a net margin of 16.5%.
Frequently Asked Questions
TFPM and INOD have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
INOD has higher volatility (32.31%) compared to TFPM (15.92%). In terms of maximum drawdown, TFPM dropped -36.48% vs INOD's -95.47%.
INOD currently has the higher Sharpe Ratio (1.14 vs 0.46), 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.
Find the right allocation for TFPM and INOD
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