TIH.TO vs. TVE.TO
TIH.TO (Toromont Industries Ltd.) and TVE.TO (Tamarack Valley Energy Ltd.) are both stocks. TIH.TO operates in Industrial Distribution (Industrials), while TVE.TO operates in Oil & Gas E&P (Energy). Over the past 10 years, TIH.TO returned 20.90%/yr vs 14.90%/yr for TVE.TO. At a 0.14 correlation, their price movements are largely independent.
Performance
TIH.TO vs. TVE.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TIH.TO achieves a 26.82% return, which is significantly lower than TVE.TO's 63.75% return. Over the past 10 years, TIH.TO has outperformed TVE.TO with an annualized return of 20.90%, while TVE.TO has yielded a comparatively lower 14.90% 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%
TVE.TO
- 1D
- -1.74%
- 1M
- 4.33%
- YTD
- 63.75%
- 6M
- 68.02%
- 1Y
- 182.18%
- 3Y*
- 62.92%
- 5Y*
- 41.15%
- 10Y*
- 14.90%
TIH.TO vs. TVE.TO - 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% |
TVE.TO Tamarack Valley Energy Ltd. | 63.75% | 71.65% | 62.29% | -28.32% | 18.84% | 203.15% | -36.50% | -15.25% | -17.48% | -17.34% |
Correlation
The correlation between TIH.TO and TVE.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 | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Feb 13, 2008 | 0.14 |
The correlation between TIH.TO and TVE.TO shifts across timeframes, from 0.01 (1 year) to 0.16 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
TIH.TO:
CA$17.23B
TVE.TO:
CA$6.38B
TIH.TO:
CA$6.29
TVE.TO:
-CA$0.19
TIH.TO:
3.21
TVE.TO:
4.50
TIH.TO:
5.14
TVE.TO:
3.62
TIH.TO:
CA$5.34B
TVE.TO:
CA$1.44B
TIH.TO:
CA$1.39B
TVE.TO:
CA$560.03M
TIH.TO:
CA$1.06B
TVE.TO:
CA$596.84M
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
TIH.TO vs. TVE.TO — Risk / Return Rank
TIH.TO
TVE.TO
TIH.TO vs. TVE.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Toromont Industries Ltd. (TIH.TO) and Tamarack Valley Energy Ltd. (TVE.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.
| TIH.TO | TVE.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.15 | ||
| Sortino ratioReturn per unit of downside risk | -1.11 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.66 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 6.89 | 18.36 | -11.48 |
| Martin ratioReturn relative to average drawdown | 23.19 | 58.84 | -35.66 |
Loading charts...
Drawdowns
TIH.TO vs. TVE.TO - Drawdown Comparison
The maximum TIH.TO drawdown since its inception was -39.19%, smaller than the maximum TVE.TO drawdown of -94.30%. Use the drawdown chart below to compare losses from any high point for TIH.TO and TVE.TO.
Loading charts...
Drawdown Indicators
| TIH.TO | TVE.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.19% | -94.30% | +55.11% |
Max Drawdown (1Y)Largest decline over 1 year | -10.90% | -9.99% | -0.91% |
Max Drawdown (3Y)Largest decline over 3 years | -18.53% | -34.89% | +16.36% |
Max Drawdown (5Y)Largest decline over 5 years | -22.17% | -53.72% | +31.55% |
Max Drawdown (10Y)Largest decline over 10 years | -25.45% | -91.68% | +66.23% |
Current DrawdownCurrent decline from peak | -7.75% | -6.60% | -1.15% |
Average DrawdownAverage peak-to-trough decline | -8.17% | -51.13% | +42.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.22% | 3.11% | +0.11% |
Volatility
TIH.TO vs. TVE.TO - Volatility Comparison
The current volatility for Toromont Industries Ltd. (TIH.TO) is 10.60%, while Tamarack Valley Energy Ltd. (TVE.TO) has a volatility of 15.63%. This indicates that TIH.TO experiences smaller price fluctuations and is considered to be less risky than TVE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TIH.TO | TVE.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.60% | 15.63% | -5.03% |
Volatility (6M)Calculated over the trailing 6-month period | 20.35% | 29.53% | -9.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.92% | 35.60% | -10.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.43% | 43.76% | -22.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.98% | 52.95% | -29.97% |
Dividends
TIH.TO vs. TVE.TO - Dividend Comparison
TIH.TO's dividend yield for the trailing twelve months is around 1.03%, more than TVE.TO's 1.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
TVE.TO Tamarack Valley Energy Ltd. | 1.00% | 1.93% | 3.15% | 4.90% | 2.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
TIH.TO vs. TVE.TO - Financials Comparison
This section allows you to compare key financial metrics between Toromont Industries Ltd. and Tamarack Valley Energy 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. TVE.TO - 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%.
TVE.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tamarack Valley Energy Ltd. reported a gross profit of 182.80M and revenue of 375.55M. Therefore, the gross margin over that period was 48.7%.
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%.
TVE.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tamarack Valley Energy Ltd. reported an operating income of 163.31M and revenue of 375.55M, resulting in an operating margin of 43.5%.
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%.
TVE.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tamarack Valley Energy Ltd. reported a net income of 5.65M and revenue of 375.55M, resulting in a net margin of 1.5%.
Frequently Asked Questions
TIH.TO and TVE.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.
Find the right allocation for TIH.TO and TVE.TO
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