TSU.TO vs. ATZ.TO

Last updated Jun 13, 2026

TSU.TO (Trisura Group Ltd.) and ATZ.TO (Aritzia Inc.) are both stocks. TSU.TO operates in Insurance - Specialty (Financial Services), while ATZ.TO operates in Apparel Retail (Consumer Cyclical). Over the past 5 years, TSU.TO returned 1.34%/yr vs 38.38%/yr for ATZ.TO. At a 0.21 correlation, their price movements are largely independent.

Performance

TSU.TO vs. ATZ.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Trisura Group Ltd. (TSU.TO) and Aritzia Inc. (ATZ.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSU.TO achieves a -0.16% return, which is significantly lower than ATZ.TO's 43.60% return.

TSU.TO

• 1D: 0.24%
• 1M: 3.95%
• YTD: -0.16%
• 6M: 6.79%
• 1Y: 6.33%
• 3Y*: 4.15%
• 5Y*: 1.34%
• 10Y*: —

ATZ.TO

• 1D: 1.59%
• 1M: 17.04%
• YTD: 43.60%
• 6M: 48.06%
• 1Y: 158.47%
• 3Y*: 67.44%
• 5Y*: 38.38%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TSU.TO vs. ATZ.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TSU.TO Trisura Group Ltd.	-0.16%	9.59%	14.65%	-24.93%	-5.03%	114.17%	121.18%	54.29%	1.32%	-3.30%
ATZ.TO Aritzia Inc.	43.60%	119.59%	94.33%	-41.92%	-9.55%	102.99%	35.38%	16.16%	29.24%	-13.56%

Correlation

The correlation between TSU.TO and ATZ.TO is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (All Time) Calculated using the full available price history since Oct 3, 2017	0.21

Fundamentals

Market Cap TSU.TO : CA$2.07B ATZ.TO : CA$20.25B
EPS TSU.TO : CA$3.11 ATZ.TO : CA$3.19
PE Ratio TSU.TO : 13.73 ATZ.TO : 52.81
PEG Ratio TSU.TO : 0.34 ATZ.TO : 1.05
PS Ratio TSU.TO : 0.65 ATZ.TO : 5.45
PB Ratio TSU.TO : 2.18 ATZ.TO : 14.88
Total Revenue (TTM) TSU.TO : CA$3.19B ATZ.TO : CA$3.70B
Gross Profit (TTM) TSU.TO : CA$2.49B ATZ.TO : CA$1.65B
EBITDA (TTM) TSU.TO : CA$208.91M ATZ.TO : CA$736.90M

Return for Risk

TSU.TO vs. ATZ.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TSU.TO

TSU.TO Risk / Return Rank: 47
TSU.TO Sharpe Ratio Rank: 50
TSU.TO Sortino Ratio Rank: 45
TSU.TO Omega Ratio Rank: 43
TSU.TO Calmar Ratio Rank: 50
TSU.TO Martin Ratio Rank: 49

ATZ.TO

ATZ.TO Risk / Return Rank: 96
ATZ.TO Sharpe Ratio Rank: 98
ATZ.TO Sortino Ratio Rank: 96
ATZ.TO Omega Ratio Rank: 96
ATZ.TO Calmar Ratio Rank: 95
ATZ.TO Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TSU.TO vs. ATZ.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Trisura Group Ltd. (TSU.TO) and Aritzia Inc. (ATZ.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.

	TSU.TO	ATZ.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.20	4.05	-3.85
Sortino ratio: Return per unit of downside risk	0.55	4.28	-3.73
Omega ratio: Gain probability vs. loss probability	1.06	1.57	-0.51
Calmar ratio: Return relative to maximum drawdown	0.31	6.47	-6.16
Martin ratio: Return relative to average drawdown	0.53	18.39	-17.85

TSU.TO vs. ATZ.TO - Sharpe Ratio Comparison

The current TSU.TO Sharpe Ratio is 0.20, which is lower than the ATZ.TO Sharpe Ratio of 4.05. The chart below compares the historical Sharpe Ratios of TSU.TO and ATZ.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TSU.TO vs. ATZ.TO - Drawdown Comparison

The maximum TSU.TO drawdown since its inception was -40.06%, smaller than the maximum ATZ.TO drawdown of -64.82%. Use the drawdown chart below to compare losses from any high point for TSU.TO and ATZ.TO.

Drawdown Indicators

	TSU.TO	ATZ.TO	Difference
Max Drawdown Largest peak-to-trough decline	-40.06%	-64.82%	+24.76%
Max Drawdown (1Y) Largest decline over 1 year	-18.33%	-23.22%	+4.89%
Max Drawdown (3Y) Largest decline over 3 years	-31.85%	-46.84%	+14.99%
Max Drawdown (5Y) Largest decline over 5 years	-40.06%	-64.82%	+24.76%
Current Drawdown Current decline from peak	-14.05%	0.00%	-14.05%
Average Drawdown Average peak-to-trough decline	-14.34%	-20.12%	+5.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.44%	8.15%	+2.29%

Volatility

TSU.TO vs. ATZ.TO - Volatility Comparison

The current volatility for Trisura Group Ltd. (TSU.TO) is 4.11%, while Aritzia Inc. (ATZ.TO) has a volatility of 10.40%. This indicates that TSU.TO experiences smaller price fluctuations and is considered to be less risky than ATZ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TSU.TO	ATZ.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.11%	10.40%	-6.29%
Volatility (6M) Calculated over the trailing 6-month period	21.80%	30.77%	-8.97%
Volatility (1Y) Calculated over the trailing 1-year period	27.85%	37.12%	-9.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.08%	46.69%	-13.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.66%	43.07%	-9.41%

Dividends

TSU.TO vs. ATZ.TO - Dividend Comparison

Neither TSU.TO nor ATZ.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

TSU.TO vs. ATZ.TO - Profitability Comparison

The chart below illustrates the profitability comparison between Trisura Group Ltd. and Aritzia Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TSU.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Trisura Group Ltd. reported a gross profit of 806.81M and revenue of 806.81M. Therefore, the gross margin over that period was 100.0%.

ATZ.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Aritzia Inc. reported a gross profit of 507.19M and revenue of 1.19B. Therefore, the gross margin over that period was 42.8%.

TSU.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Trisura Group Ltd. reported an operating income of 48.61M and revenue of 806.81M, resulting in an operating margin of 6.0%.

ATZ.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Aritzia Inc. reported an operating income of 183.02M and revenue of 1.19B, resulting in an operating margin of 15.4%.

TSU.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Trisura Group Ltd. reported a net income of 37.41M and revenue of 806.81M, resulting in a net margin of 4.6%.

ATZ.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Aritzia Inc. reported a net income of 134.27M and revenue of 1.19B, resulting in a net margin of 11.3%.

Frequently Asked Questions

Can I hold both TSU.TO and ATZ.TO in my portfolio?

TSU.TO and ATZ.TO have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.