TFSA vs NVX

Comparison between Terra Income Fund 6, LLC 7.00% Notes due 2026 (TFSA, Company) and Novonix Ltd (NVX, Company).

TFSA vs NVX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TFSA(COMPANY)	NVX(COMPANY)
Market Cap	$124M	$124M
Max Drawdown	55.49%	97.30%
Sharpe Ratio	-0.65	-0.03
5Y Beta	N/A	1.58
Industry	N/A	Electrical Equipment & Parts
P/E Ratio	30.15	-0.95
PEG Ratio	N/A	-0.02
Dividend Yield	5.28%	N/A
5Y EPS CAGR	N/A	28.12%
Debt to Equity	N/A	70.49%
Free Cash Flow Yield	-0.36%	-63.29%
P/S Ratio	N/A	27.27
P/B Ratio	N/A	0.96

Market Cap

Winner

TFSA

$124M

NVX

$124M

Max Drawdown

Winner

TFSA

55.49%

NVX

97.30%

Sharpe Ratio

TFSA

-0.65

Winner

NVX

-0.03

5Y Beta

TFSA

N/A

NVX

1.58

Industry

TFSA

N/A

NVX

Electrical Equipment & Parts

P/E Ratio

TFSA

30.15

Winner

NVX

-0.95

PEG Ratio

TFSA

N/A

NVX

-0.02

Dividend Yield

TFSA

5.28%

NVX

N/A

5Y EPS CAGR

TFSA

N/A

NVX

28.12%

Debt to Equity

TFSA

N/A

NVX

70.49%

Free Cash Flow Yield

Winner

TFSA

-0.36%

NVX

-63.29%

P/S Ratio

TFSA

N/A

NVX

27.27

P/B Ratio

TFSA

N/A

NVX

0.96

TFSA vs NVX - Historical Returns

Returns include dividend reinvestment.

Period	TFSA	NVX
1 month	-36.40%	-5.56%
3 months	-36.95%	-21.04%
6 months	-35.97%	-39.29%
1 year	-33.35%	-37.04%
5 years(CAGR)	-3.20%	-55.30%
Max(CAGR)	-2.59%	-55.30%

TFSA

-36.40%

Winner

NVX

-5.56%

TFSA

-36.95%

Winner

NVX

-21.04%

Winner

TFSA

-35.97%

NVX

-39.29%

Winner

TFSA

-33.35%

NVX

-37.04%

5Y(CAGR)

Winner

TFSA

-3.20%

NVX

-55.30%

Max(CAGR)

Winner

TFSA

-2.59%

NVX

-55.30%

TFSA vs NVX - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	TFSA	NVX
2026	-36.81%	-37.61%
2025	+9.45%	-47.12%
2024	+10.86%	-7.22%
2023	+10.51%	-50.26%
2022	-3.49%	-81.57%
2021	+7.02%	N/A

TFSA vs NVX Drawdown Comparison

The maximum drawdown for TFSA was -51.94%, occurring on Mar 16, 2026. This drawdown has not yet recovered.

The maximum drawdown for NVX was -97.30%, occurring on May 19, 2026. This drawdown has not yet recovered.

The current TFSA drawdown is -37.63%. The current NVX drawdown is -96.94%.

Rank	TFSA	NVX
#1	-51.94% Jan 22, 2026 - Mar 16, 2026	-97.30% Feb 2, 2022 - May 19, 2026
#2	-20.89% Sep 8, 2022 - Apr 3, 2023	N/A
#3	-10.33% Oct 2, 2023 - Jan 31, 2024	N/A
#4	-9.60% Mar 27, 2024 - Sep 16, 2024	N/A
#5	-9.28% Apr 3, 2023 - Jun 5, 2023	N/A
#6	-7.42% Jan 31, 2024 - Feb 29, 2024	N/A
#7	-6.67% Jun 14, 2023 - Oct 2, 2023	N/A
#8	-6.44% May 30, 2025 - Jul 30, 2025	N/A
#9	-6.07% Mar 18, 2022 - Aug 16, 2022	N/A
#10	-5.71% Mar 21, 2025 - May 30, 2025	N/A
#11	-4.23% Feb 29, 2024 - Mar 19, 2024	N/A
#12	-3.97% Aug 16, 2022 - Sep 8, 2022	N/A
#13	-3.84% Feb 3, 2025 - Mar 19, 2025	N/A
#14	-3.84% Sep 16, 2024 - Dec 30, 2024	N/A
#15	-3.71% Aug 17, 2021 - Dec 14, 2021	N/A

Correlation

Correlation between TFSA and NVX is -0.49 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.49

-101