TIH.TO vs. COR
TIH.TO (Toromont Industries Ltd.) and COR (Cencora Inc.) are both stocks. TIH.TO operates in Industrial Distribution (Industrials), while COR operates in Medical Distribution (Healthcare). Over the past 10 years, TIH.TO returned 21.55%/yr vs 18.08%/yr for COR. At a 0.12 correlation, their price movements are largely independent.
Performance
TIH.TO vs. COR - Performance Comparison
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Different Trading Currencies
TIH.TO is traded in CAD, while COR is traded in USD. To make them comparable, the COR values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, TIH.TO achieves a 34.71% return, which is significantly higher than COR's -17.04% return. Over the past 10 years, TIH.TO has outperformed COR with an annualized return of 21.55%, while COR has yielded a comparatively lower 18.08% annualized return.
TIH.TO
- 1D
- -0.12%
- 1M
- 2.66%
- YTD
- 34.71%
- 6M
- 36.56%
- 1Y
- 88.16%
- 3Y*
- 30.25%
- 5Y*
- 17.44%
- 10Y*
- 21.55%
COR
- 1D
- -0.07%
- 1M
- 7.41%
- YTD
- -17.04%
- 6M
- -17.90%
- 1Y
- -2.48%
- 3Y*
- 18.09%
- 5Y*
- 23.94%
- 10Y*
- 18.08%
TIH.TO vs. COR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TIH.TO Toromont Industries Ltd. | 34.71% | 48.42% | -0.52% | 20.67% | -13.29% | 29.90% | 28.45% | 32.28% | 0.04% | 32.10% |
COR Cencora Inc. | -17.04% | 44.57% | 19.71% | 22.35% | 34.26% | 44.02% | 20.44% | 18.42% | -10.64% | 11.42% |
Correlation
The correlation between TIH.TO and COR is -0.03, 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 | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jul 4, 2006 | 0.12 |
The correlation between TIH.TO and COR shifts across timeframes, from -0.03 (1 year) to 0.12 (all time), reflecting how their relationship changes across market environments.
Fundamentals
TIH.TO:
CA$18.31B
COR:
$53.55B
TIH.TO:
CA$6.29
COR:
$13.07
TIH.TO:
35.38
COR:
20.97
TIH.TO:
2.91
COR:
9.96
TIH.TO:
3.41
COR:
0.16
TIH.TO:
5.46
COR:
15.76
TIH.TO:
CA$5.34B
COR:
$328.68B
TIH.TO:
CA$1.39B
COR:
$11.66B
TIH.TO:
CA$1.06B
COR:
$3.64B
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Return for Risk
TIH.TO vs. COR — Risk / Return Rank
TIH.TO
COR
TIH.TO vs. COR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Toromont Industries Ltd. (TIH.TO) and Cencora Inc. (COR). 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.
| TIH.TO | COR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.87 | ||
| Sortino ratioReturn per unit of downside risk | +4.65 | ||
| Omega ratioGain probability vs. loss probability | 1.64 | 1.02 | +0.63 |
| Calmar ratioReturn relative to maximum drawdown | 8.22 | -0.07 | +8.29 |
| Martin ratioReturn relative to average drawdown | 28.90 | -0.20 | +29.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TIH.TO | COR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.79 | -0.08 | +3.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 1.03 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.95 | 0.65 | +0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.63 | +0.04 |
Drawdowns
TIH.TO vs. COR - Drawdown Comparison
The maximum TIH.TO drawdown since its inception was -39.19%, smaller than the maximum COR drawdown of -44.01%. Use the drawdown chart below to compare losses from any high point for TIH.TO and COR.
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Drawdown Indicators
| TIH.TO | COR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.19% | -44.01% | +4.82% |
Max Drawdown (1Y)Largest decline over 1 year | -10.90% | -34.86% | +23.96% |
Max Drawdown (3Y)Largest decline over 3 years | -18.53% | -34.86% | +16.33% |
Max Drawdown (5Y)Largest decline over 5 years | -22.17% | -34.86% | +12.69% |
Max Drawdown (10Y)Largest decline over 10 years | -25.45% | -34.86% | +9.41% |
Current DrawdownCurrent decline from peak | -2.00% | -27.43% | +25.43% |
Average DrawdownAverage peak-to-trough decline | -8.17% | -11.10% | +2.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.08% | 12.48% | -9.40% |
Volatility
TIH.TO vs. COR - Volatility Comparison
Toromont Industries Ltd. (TIH.TO) and Cencora Inc. (COR) have volatilities of 7.26% and 7.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TIH.TO | COR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.26% | 7.14% | +0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 18.69% | 27.34% | -8.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.71% | 30.89% | -7.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.16% | 23.27% | -2.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.87% | 27.98% | -5.11% |
Dividends
TIH.TO vs. COR - Dividend Comparison
TIH.TO's dividend yield for the trailing twelve months is around 0.97%, more than COR's 0.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COR Cencora Inc. | 0.86% | 0.67% | 0.93% | 0.96% | 1.13% | 5.13% | 6.74% | 7.48% | 2.07% | 1.61% | 1.77% | 1.17% |
TIH.TO Toromont Industries Ltd. | 0.97% | 1.25% | 1.69% | 1.48% | 1.60% | 1.19% | 1.39% | 1.53% | 1.70% | 1.38% | 1.70% | 2.16% |
Financials
TIH.TO vs. COR - Financials Comparison
This section allows you to compare key financial metrics between Toromont Industries Ltd. and Cencora 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
TIH.TO vs. COR - Profitability Comparison
TIH.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Toromont Industries Ltd. reported a gross profit of 317.34M and revenue of 1.23B. Therefore, the gross margin over that period was 25.8%.
COR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cencora Inc. reported a gross profit of 3.59B and revenue of 78.36B. Therefore, the gross margin over that period was 4.6%.
TIH.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Toromont Industries Ltd. reported an operating income of 143.03M and revenue of 1.23B, resulting in an operating margin of 11.7%.
COR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cencora Inc. reported an operating income of 1.14B and revenue of 78.36B, resulting in an operating margin of 1.5%.
TIH.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Toromont Industries Ltd. reported a net income of 92.70M and revenue of 1.23B, resulting in a net margin of 7.6%.
COR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cencora Inc. reported a net income of 1.64B and revenue of 78.36B, resulting in a net margin of 2.1%.
Frequently Asked Questions
TIH.TO and COR have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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