TIH.TO vs. TEL
TIH.TO (Toromont Industries Ltd.) and TEL (TE Connectivity Ltd.) are both stocks. TIH.TO operates in Industrial Distribution (Industrials), while TEL operates in Electronic Components (Technology). Over the past 10 years, TIH.TO returned 20.90%/yr vs 16.34%/yr for TEL. At a 0.29 correlation, their price movements are largely independent.
Performance
TIH.TO vs. TEL - Performance Comparison
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Different Trading Currencies
TIH.TO is traded in CAD, while TEL is traded in USD. To make them comparable, the TEL 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 26.82% return, which is significantly higher than TEL's -4.90% return. Over the past 10 years, TIH.TO has outperformed TEL with an annualized return of 20.90%, while TEL has yielded a comparatively lower 16.34% annualized return.
TIH.TO
- 1D
- 0.21%
- 1M
- -5.71%
- YTD
- 26.82%
- 6M
- 27.29%
- 1Y
- 73.91%
- 3Y*
- 26.98%
- 5Y*
- 15.83%
- 10Y*
- 20.90%
TEL
- 1D
- 1.56%
- 1M
- 3.85%
- YTD
- -4.90%
- 6M
- -6.55%
- 1Y
- 31.52%
- 3Y*
- 20.43%
- 5Y*
- 13.99%
- 10Y*
- 16.34%
TIH.TO vs. TEL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TIH.TO Toromont Industries Ltd. | 26.82% | 48.42% | -0.52% | 20.67% | -13.29% | 29.90% | 28.45% | 32.28% | 0.04% | 32.10% |
TEL TE Connectivity Ltd. | -4.90% | 54.23% | 12.28% | 21.66% | -23.08% | 35.05% | 25.89% | 24.03% | -12.05% | 30.41% |
Correlation
The correlation between TIH.TO and TEL is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jul 2, 2007 | 0.29 |
Fundamentals
TIH.TO:
CA$17.23B
TEL:
$62.06B
TIH.TO:
CA$6.29
TEL:
$9.78
TIH.TO:
33.31
TEL:
21.50
TIH.TO:
2.74
TEL:
3.98
TIH.TO:
3.21
TEL:
3.37
TIH.TO:
5.14
TEL:
4.69
TIH.TO:
CA$5.34B
TEL:
$18.52B
TIH.TO:
CA$1.39B
TEL:
$6.55B
TIH.TO:
CA$1.06B
TEL:
$4.47B
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Return for Risk
TIH.TO vs. TEL — Risk / Return Rank
TIH.TO
TEL
TIH.TO vs. TEL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Toromont Industries Ltd. (TIH.TO) and TE Connectivity Ltd. (TEL). 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.
| TIH.TO | TEL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.09 | ||
| Sortino ratioReturn per unit of downside risk | +2.33 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.19 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 6.89 | 1.38 | +5.51 |
| Martin ratioReturn relative to average drawdown | 23.19 | 2.95 | +20.23 |
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Drawdowns
TIH.TO vs. TEL - Drawdown Comparison
The maximum TIH.TO drawdown since its inception was -39.19%, smaller than the maximum TEL drawdown of -76.38%. Use the drawdown chart below to compare losses from any high point for TIH.TO and TEL.
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Drawdown Indicators
| TIH.TO | TEL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.19% | -76.38% | +37.19% |
Max Drawdown (1Y)Largest decline over 1 year | -10.90% | -22.99% | +12.09% |
Max Drawdown (3Y)Largest decline over 3 years | -18.53% | -23.65% | +5.12% |
Max Drawdown (5Y)Largest decline over 5 years | -22.17% | -31.18% | +9.01% |
Max Drawdown (10Y)Largest decline over 10 years | -25.45% | -42.47% | +17.02% |
Current DrawdownCurrent decline from peak | -7.75% | -15.33% | +7.58% |
Average DrawdownAverage peak-to-trough decline | -8.17% | -12.75% | +4.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.22% | 10.70% | -7.48% |
Volatility
TIH.TO vs. TEL - Volatility Comparison
Toromont Industries Ltd. (TIH.TO) and TE Connectivity Ltd. (TEL) have volatilities of 10.60% and 10.14%, 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 | TEL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.60% | 10.14% | +0.46% |
Volatility (6M)Calculated over the trailing 6-month period | 20.35% | 28.56% | -8.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.92% | 34.30% | -9.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.43% | 28.80% | -7.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.98% | 28.98% | -6.00% |
Dividends
TIH.TO vs. TEL - Dividend Comparison
TIH.TO's dividend yield for the trailing twelve months is around 1.03%, less than TEL's 1.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TEL TE Connectivity Ltd. | 1.38% | 1.22% | 1.78% | 1.66% | 1.90% | 1.23% | 1.57% | 1.90% | 2.27% | 1.65% | 2.08% | 1.98% |
TIH.TO Toromont Industries Ltd. | 1.03% | 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. TEL - Financials Comparison
This section allows you to compare key financial metrics between Toromont Industries Ltd. and TE Connectivity 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
TIH.TO vs. TEL - 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%.
TEL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TE Connectivity Ltd. reported a gross profit of 1.75B and revenue of 4.74B. Therefore, the gross margin over that period was 36.8%.
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%.
TEL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TE Connectivity Ltd. reported an operating income of 954.00M and revenue of 4.74B, resulting in an operating margin of 20.1%.
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%.
TEL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TE Connectivity Ltd. reported a net income of 855.00M and revenue of 4.74B, resulting in a net margin of 18.0%.
Frequently Asked Questions
TIH.TO and TEL have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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