ABX.TO vs. BMO
Compare and contrast key facts about Barrick Gold Corporation (ABX.TO) and Bank of Montreal (BMO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ABX.TO or BMO.
Key characteristics
| ABX.TO | BMO | |
|---|---|---|
| YTD Return | -0.41% | -1.43% |
| 1Y Return | -4.56% | 14.11% |
| 3Y Return (Ann) | -5.06% | 2.87% |
| 5Y Return (Ann) | 9.22% | 9.15% |
| 10Y Return (Ann) | 4.05% | 7.72% |
| Sharpe Ratio | -0.27 | 0.64 |
| Daily Std Dev | 27.26% | 19.39% |
| Max Drawdown | -84.54% | -68.43% |
| Current Drawdown | -48.64% | -13.67% |
Fundamentals
| ABX.TO | BMO | |
|---|---|---|
| Market Cap | CA$40.63B | $68.01B |
| EPS | CA$1.12 | $5.32 |
| PE Ratio | 20.66 | 17.62 |
| PEG Ratio | 2.23 | 0.59 |
| Revenue (TTM) | CA$11.50B | $31.18B |
| Gross Profit (TTM) | CA$3.47B | $29.02B |
Correlation
The correlation between ABX.TO and BMO 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.
Performance
ABX.TO vs. BMO - Performance Comparison
In the year-to-date period, ABX.TO achieves a -0.41% return, which is significantly higher than BMO's -1.43% return. Over the past 10 years, ABX.TO has underperformed BMO with an annualized return of 4.05%, while BMO has yielded a comparatively higher 7.72% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ABX.TO vs. BMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Barrick Gold Corporation (ABX.TO) and Bank of Montreal (BMO). 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.
Dividends
ABX.TO vs. BMO - Dividend Comparison
ABX.TO's dividend yield for the trailing twelve months is around 1.69%, less than BMO's 4.62% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABX.TO Barrick Gold Corporation | 1.69% | 1.67% | 1.72% | 1.50% | 1.07% | 0.81% | 1.03% | 0.88% | 0.49% | 1.63% | 2.05% | 2.96% |
BMO Bank of Montreal | 4.62% | 4.34% | 4.64% | 3.16% | 4.11% | 3.97% | 4.52% | 3.42% | 3.56% | 4.53% | 3.94% | 4.31% |
Drawdowns
ABX.TO vs. BMO - Drawdown Comparison
The maximum ABX.TO drawdown since its inception was -84.54%, which is greater than BMO's maximum drawdown of -68.43%. Use the drawdown chart below to compare losses from any high point for ABX.TO and BMO. For additional features, visit the drawdowns tool.
Volatility
ABX.TO vs. BMO - Volatility Comparison
Barrick Gold Corporation (ABX.TO) has a higher volatility of 8.50% compared to Bank of Montreal (BMO) at 3.92%. This indicates that ABX.TO's price experiences larger fluctuations and is considered to be riskier than BMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ABX.TO vs. BMO - Financials Comparison
This section allows you to compare key financial metrics between Barrick Gold Corporation and Bank of Montreal. 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