TVE vs. IMO.TO
TVE (Tennessee Valley Authority PARRS A 2029) and IMO.TO (Imperial Oil Limited) are both stocks. Over the past 10 years, TVE returned 1.93%/yr vs 16.80%/yr for IMO.TO. At a correlation of -0.00, they often move in opposite directions.
Performance
TVE vs. IMO.TO - Performance Comparison
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Different Trading Currencies
TVE is traded in USD, while IMO.TO is traded in CAD. To make them comparable, the IMO.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, TVE achieves a -2.62% return, which is significantly lower than IMO.TO's 33.04% return. Over the past 10 years, TVE has underperformed IMO.TO with an annualized return of 1.93%, while IMO.TO has yielded a comparatively higher 16.80% annualized return.
TVE
- 1D
- -0.21%
- 1M
- -0.09%
- YTD
- -2.62%
- 6M
- -2.58%
- 1Y
- 3.71%
- 3Y*
- 5.45%
- 5Y*
- 0.37%
- 10Y*
- 1.93%
IMO.TO
- 1D
- 1.91%
- 1M
- -14.16%
- YTD
- 33.04%
- 6M
- 35.56%
- 1Y
- 42.72%
- 3Y*
- 36.58%
- 5Y*
- 31.85%
- 10Y*
- 16.80%
TVE vs. IMO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TVE Tennessee Valley Authority PARRS A 2029 | -2.62% | 12.06% | 0.11% | 7.16% | -13.52% | 3.64% | 3.15% | 8.84% | 0.06% | 5.32% |
IMO.TO Imperial Oil Limited | 33.04% | 43.97% | 10.97% | 20.50% | 38.97% | 94.48% | -25.21% | 6.17% | -17.16% | -8.44% |
Correlation
The correlation between TVE and IMO.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 | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Jul 20, 2006 | -0.00 |
Fundamentals
TVE:
$317.46
IMO.TO:
CA$5.87
TVE:
0.07
IMO.TO:
27.54
TVE:
0.00
IMO.TO:
0.61
TVE:
0.00
IMO.TO:
1.73
TVE:
$13.82B
IMO.TO:
CA$46.55B
TVE:
$117.00M
IMO.TO:
CA$7.69B
TVE:
$63.00M
IMO.TO:
CA$6.36B
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Return for Risk
TVE vs. IMO.TO — Risk / Return Rank
TVE
IMO.TO
TVE vs. IMO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tennessee Valley Authority PARRS A 2029 (TVE) and Imperial Oil Limited (IMO.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.
| TVE | IMO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.94 | ||
| Sortino ratioReturn per unit of downside risk | -1.15 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.25 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | 2.33 | -1.53 |
| Martin ratioReturn relative to average drawdown | 2.05 | 7.21 | -5.16 |
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Drawdowns
TVE vs. IMO.TO - Drawdown Comparison
The maximum TVE drawdown since its inception was -25.76%, smaller than the maximum IMO.TO drawdown of -84.94%. Use the drawdown chart below to compare losses from any high point for TVE and IMO.TO.
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Drawdown Indicators
| TVE | IMO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.76% | -84.94% | +59.18% |
Max Drawdown (1Y)Largest decline over 1 year | -4.68% | -18.45% | +13.77% |
Max Drawdown (3Y)Largest decline over 3 years | -5.72% | -23.72% | +18.00% |
Max Drawdown (5Y)Largest decline over 5 years | -25.76% | -29.21% | +3.45% |
Max Drawdown (10Y)Largest decline over 10 years | -25.76% | -77.03% | +51.27% |
Current DrawdownCurrent decline from peak | -4.31% | -16.89% | +12.58% |
Average DrawdownAverage peak-to-trough decline | -4.62% | -28.54% | +23.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | 5.96% | -4.15% |
Volatility
TVE vs. IMO.TO - Volatility Comparison
The current volatility for Tennessee Valley Authority PARRS A 2029 (TVE) is 0.67%, while Imperial Oil Limited (IMO.TO) has a volatility of 9.51%. This indicates that TVE experiences smaller price fluctuations and is considered to be less risky than IMO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TVE | IMO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.67% | 9.51% | -8.84% |
Volatility (6M)Calculated over the trailing 6-month period | 3.92% | 21.31% | -17.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.77% | 27.06% | -21.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.62% | 31.07% | -21.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.31% | 34.21% | -24.90% |
Dividends
TVE vs. IMO.TO - Dividend Comparison
TVE's dividend yield for the trailing twelve months is around 2.36%, more than IMO.TO's 1.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IMO.TO Imperial Oil Limited | 1.97% | 2.43% | 2.71% | 2.57% | 2.21% | 2.26% | 3.64% | 2.47% | 2.11% | 1.61% | 1.26% | 1.48% |
TVE Tennessee Valley Authority PARRS A 2029 | 2.36% | 2.27% | 2.48% | 2.43% | 2.53% | 2.14% | 2.73% | 3.30% | 3.48% | 3.36% | 3.42% | 3.68% |
Financials
TVE vs. IMO.TO - Financials Comparison
This section allows you to compare key financial metrics between Tennessee Valley Authority PARRS A 2029 and Imperial Oil Limited. 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
TVE vs. IMO.TO - Profitability Comparison
TVE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tennessee Valley Authority PARRS A 2029 reported a gross profit of 1.39B and revenue of 3.55B. Therefore, the gross margin over that period was 39.3%.
IMO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Imperial Oil Limited reported a gross profit of 2.51B and revenue of 12.45B. Therefore, the gross margin over that period was 20.2%.
TVE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tennessee Valley Authority PARRS A 2029 reported an operating income of 714.00M and revenue of 3.55B, resulting in an operating margin of 20.1%.
IMO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Imperial Oil Limited reported an operating income of 1.23B and revenue of 12.45B, resulting in an operating margin of 9.9%.
TVE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tennessee Valley Authority PARRS A 2029 reported a net income of 392.00M and revenue of 3.55B, resulting in a net margin of 11.1%.
IMO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Imperial Oil Limited reported a net income of 940.00M and revenue of 12.45B, resulting in a net margin of 7.6%.
Frequently Asked Questions
TVE and IMO.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.
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