AC.TO vs. RY.TO
Compare and contrast key facts about Air Canada (AC.TO) and Royal Bank of Canada (RY.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AC.TO or RY.TO.
Correlation
The correlation between AC.TO and RY.TO is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AC.TO vs. RY.TO - Performance Comparison
Key characteristics
AC.TO:
-0.16
RY.TO:
1.38
AC.TO:
0.08
RY.TO:
2.03
AC.TO:
1.01
RY.TO:
1.28
AC.TO:
-0.07
RY.TO:
1.72
AC.TO:
-0.21
RY.TO:
5.32
AC.TO:
23.72%
RY.TO:
4.53%
AC.TO:
37.94%
RY.TO:
16.84%
AC.TO:
-96.09%
RY.TO:
-70.56%
AC.TO:
-66.33%
RY.TO:
-5.34%
Fundamentals
AC.TO:
CA$5.10B
RY.TO:
CA$236.50B
AC.TO:
CA$4.72
RY.TO:
CA$12.29
AC.TO:
3.18
RY.TO:
13.62
AC.TO:
0.34
RY.TO:
2.12
AC.TO:
0.23
RY.TO:
4.13
AC.TO:
2.09
RY.TO:
1.93
AC.TO:
CA$17.03B
RY.TO:
CA$45.76B
AC.TO:
CA$4.96B
RY.TO:
CA$34.16B
AC.TO:
CA$2.54B
RY.TO:
CA$6.19B
Returns By Period
In the year-to-date period, AC.TO achieves a -21.20% return, which is significantly lower than RY.TO's -1.60% return. Over the past 10 years, AC.TO has underperformed RY.TO with an annualized return of 3.75%, while RY.TO has yielded a comparatively higher 12.24% annualized return.
AC.TO
-21.20%
24.05%
-22.18%
-5.90%
0.57%
3.75%
RY.TO
-1.60%
5.44%
-0.86%
23.14%
19.09%
12.24%
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Risk-Adjusted Performance
AC.TO vs. RY.TO — Risk-Adjusted Performance Rank
AC.TO
RY.TO
AC.TO vs. RY.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Air Canada (AC.TO) and Royal Bank of Canada (RY.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.
Dividends
AC.TO vs. RY.TO - Dividend Comparison
AC.TO has not paid dividends to shareholders, while RY.TO's dividend yield for the trailing twelve months is around 3.46%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AC.TO Air Canada | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RY.TO Royal Bank of Canada | 3.46% | 3.23% | 3.99% | 3.90% | 3.22% | 4.10% | 3.96% | 4.03% | 3.39% | 3.57% | 4.15% | 3.54% |
Drawdowns
AC.TO vs. RY.TO - Drawdown Comparison
The maximum AC.TO drawdown since its inception was -96.09%, which is greater than RY.TO's maximum drawdown of -70.56%. Use the drawdown chart below to compare losses from any high point for AC.TO and RY.TO. For additional features, visit the drawdowns tool.
Volatility
AC.TO vs. RY.TO - Volatility Comparison
Air Canada (AC.TO) has a higher volatility of 16.51% compared to Royal Bank of Canada (RY.TO) at 6.12%. This indicates that AC.TO's price experiences larger fluctuations and is considered to be riskier than RY.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
AC.TO vs. RY.TO - Financials Comparison
This section allows you to compare key financial metrics between Air Canada and Royal Bank of Canada. 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