X.TO vs. CSU.TO
Compare and contrast key facts about TMX Group Limited (X.TO) and Constellation Software Inc. (CSU.TO).
Performance
X.TO vs. CSU.TO - Performance Comparison
Loading graphics...
X.TO vs. CSU.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
X.TO TMX Group Limited | -5.06% | 19.95% | 41.58% | 21.62% | 8.39% | 3.21% | 15.50% | 63.10% | 3.22% | 1.31% |
CSU.TO Constellation Software Inc. | -25.99% | -25.63% | 35.48% | 58.92% | -9.69% | 42.35% | 41.33% | 48.51% | 15.31% | 25.83% |
Fundamentals
X.TO:
CA$13.72B
CSU.TO:
CA$51.77B
X.TO:
CA$1.49
CSU.TO:
CA$24.24
X.TO:
33.13
CSU.TO:
100.75
X.TO:
2.74
CSU.TO:
5.29
X.TO:
6.07
CSU.TO:
4.43
X.TO:
2.88
CSU.TO:
14.51
X.TO:
CA$2.27B
CSU.TO:
CA$11.67B
X.TO:
CA$1.19B
CSU.TO:
CA$5.50B
X.TO:
CA$1.57B
CSU.TO:
CA$2.79B
Returns By Period
In the year-to-date period, X.TO achieves a -5.06% return, which is significantly higher than CSU.TO's -25.99% return. Over the past 10 years, X.TO has outperformed CSU.TO with an annualized return of 20.91%, while CSU.TO has yielded a comparatively lower 18.00% annualized return.
X.TO
- 1D
- 2.37%
- 1M
- 7.22%
- YTD
- -5.06%
- 6M
- -6.46%
- 1Y
- -4.50%
- 3Y*
- 24.60%
- 5Y*
- 15.69%
- 10Y*
- 20.91%
CSU.TO
- 1D
- 2.31%
- 1M
- -3.06%
- YTD
- -25.99%
- 6M
- -35.30%
- 1Y
- -46.33%
- 3Y*
- -1.15%
- 5Y*
- 7.00%
- 10Y*
- 18.00%
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
X.TO vs. CSU.TO — Risk / Return Rank
X.TO
CSU.TO
X.TO vs. CSU.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TMX Group Limited (X.TO) and Constellation Software Inc. (CSU.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.
| X.TO | CSU.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.19 | -1.20 | +1.01 |
Sortino ratioReturn per unit of downside risk | -0.10 | -1.83 | +1.73 |
Omega ratioGain probability vs. loss probability | 0.99 | 0.78 | +0.20 |
Calmar ratioReturn relative to maximum drawdown | -0.19 | -0.82 | +0.63 |
Martin ratioReturn relative to average drawdown | -0.44 | -1.54 | +1.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| X.TO | CSU.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.19 | -1.20 | +1.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.86 | 0.26 | +0.60 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.04 | 0.68 | +0.37 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | 1.18 | -0.42 |
Correlation
The correlation between X.TO and CSU.TO is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
X.TO vs. CSU.TO - Dividend Comparison
X.TO's dividend yield for the trailing twelve months is around 1.78%, more than CSU.TO's 0.23% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
X.TO TMX Group Limited | 1.78% | 1.70% | 2.15% | 2.52% | 2.45% | 2.35% | 2.14% | 2.24% | 3.17% | 2.77% | 2.31% | 4.47% |
CSU.TO Constellation Software Inc. | 0.23% | 0.17% | 0.12% | 0.16% | 0.25% | 0.21% | 0.30% | 2.53% | 0.60% | 0.68% | 0.86% | 0.90% |
Drawdowns
X.TO vs. CSU.TO - Drawdown Comparison
The maximum X.TO drawdown since its inception was -59.39%, which is greater than CSU.TO's maximum drawdown of -56.38%. Use the drawdown chart below to compare losses from any high point for X.TO and CSU.TO.
Loading graphics...
Drawdown Indicators
| X.TO | CSU.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.39% | -56.38% | -3.01% |
Max Drawdown (1Y)Largest decline over 1 year | -22.81% | -56.38% | +33.57% |
Max Drawdown (5Y)Largest decline over 5 years | -22.81% | -56.38% | +33.57% |
Max Drawdown (10Y)Largest decline over 10 years | -28.93% | -56.38% | +27.45% |
Current DrawdownCurrent decline from peak | -13.78% | -52.80% | +39.02% |
Average DrawdownAverage peak-to-trough decline | -11.39% | -6.44% | -4.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.99% | 30.12% | -20.13% |
Volatility
X.TO vs. CSU.TO - Volatility Comparison
The current volatility for TMX Group Limited (X.TO) is 5.77%, while Constellation Software Inc. (CSU.TO) has a volatility of 15.21%. This indicates that X.TO experiences smaller price fluctuations and is considered to be less risky than CSU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| X.TO | CSU.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.77% | 15.21% | -9.44% |
Volatility (6M)Calculated over the trailing 6-month period | 17.96% | 30.67% | -12.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.76% | 38.82% | -15.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.47% | 27.21% | -8.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.18% | 26.74% | -6.56% |
Financials
X.TO vs. CSU.TO - Financials Comparison
This section allows you to compare key financial metrics between TMX Group Limited and Constellation Software 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
X.TO vs. CSU.TO - Profitability Comparison
X.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, TMX Group Limited reported a gross profit of 305.80M and revenue of 734.80M. Therefore, the gross margin over that period was 41.6%.
CSU.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Constellation Software Inc. reported a gross profit of 862.05M and revenue of 3.23B. Therefore, the gross margin over that period was 26.7%.
X.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, TMX Group Limited reported an operating income of 205.70M and revenue of 734.80M, resulting in an operating margin of 28.0%.
CSU.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Constellation Software Inc. reported an operating income of 556.42M and revenue of 3.23B, resulting in an operating margin of 17.3%.
X.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, TMX Group Limited reported a net income of 115.20M and revenue of 734.80M, resulting in a net margin of 15.7%.
CSU.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Constellation Software Inc. reported a net income of 111.69M and revenue of 3.23B, resulting in a net margin of 3.5%.