AGNC vs. BNS
AGNC (AGNC Investment Corp.) and BNS (The Bank of Nova Scotia) are both stocks. AGNC operates in REIT - Mortgage (Real Estate), while BNS operates in Banks - Diversified (Financial Services). Over the past 10 years, AGNC returned 6.63%/yr vs 11.61%/yr for BNS. At a 0.36 correlation, their price movements are largely independent.
Performance
AGNC vs. BNS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AGNC achieves a 1.66% return, which is significantly lower than BNS's 16.52% return. Over the past 10 years, AGNC has underperformed BNS with an annualized return of 6.63%, while BNS has yielded a comparatively higher 11.61% annualized return.
AGNC
- 1D
- 0.10%
- 1M
- -1.89%
- YTD
- 1.66%
- 6M
- 6.78%
- 1Y
- 26.20%
- 3Y*
- 16.54%
- 5Y*
- 2.89%
- 10Y*
- 6.63%
BNS
- 1D
- 1.57%
- 1M
- 9.86%
- YTD
- 16.52%
- 6M
- 17.99%
- 1Y
- 62.38%
- 3Y*
- 27.10%
- 5Y*
- 11.56%
- 10Y*
- 11.61%
AGNC vs. BNS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AGNC AGNC Investment Corp. | 1.66% | 34.92% | 8.90% | 10.14% | -21.65% | 5.20% | -1.78% | 13.31% | -2.46% | 23.73% |
BNS The Bank of Nova Scotia | 16.52% | 45.11% | 17.55% | 8.53% | -28.05% | 40.62% | 1.70% | 17.49% | -18.28% | 21.83% |
Correlation
The correlation between AGNC and BNS is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since May 15, 2008 | 0.36 |
The correlation between AGNC and BNS shifts across timeframes, from 0.36 (all time) to 0.49 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
AGNC:
$11.57B
BNS:
$76.13B
AGNC:
$1.33
BNS:
CA$8.23
AGNC:
7.75
BNS:
14.26
AGNC:
4.76
BNS:
1.93
AGNC:
1.13
BNS:
1.38
AGNC:
$2.33B
BNS:
CA$70.57B
AGNC:
$2.30B
BNS:
CA$33.43B
AGNC:
$3.72B
BNS:
CA$13.61B
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
AGNC vs. BNS — Risk / Return Rank
AGNC
BNS
AGNC vs. BNS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AGNC Investment Corp. (AGNC) and The Bank of Nova Scotia (BNS). 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.
| AGNC | BNS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.38 | ||
| Sortino ratioReturn per unit of downside risk | -3.29 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.68 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | 1.41 | 4.69 | -3.29 |
| Martin ratioReturn relative to average drawdown | 4.08 | 18.38 | -14.30 |
Loading charts...
Drawdowns
AGNC vs. BNS - Drawdown Comparison
The maximum AGNC drawdown since its inception was -54.56%, smaller than the maximum BNS drawdown of -63.65%. Use the drawdown chart below to compare losses from any high point for AGNC and BNS.
Loading charts...
Drawdown Indicators
| AGNC | BNS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.56% | -63.65% | +9.09% |
Max Drawdown (1Y)Largest decline over 1 year | -18.71% | -13.36% | -5.35% |
Max Drawdown (3Y)Largest decline over 3 years | -31.04% | -19.51% | -11.53% |
Max Drawdown (5Y)Largest decline over 5 years | -51.80% | -39.12% | -12.68% |
Max Drawdown (10Y)Largest decline over 10 years | -54.56% | -46.29% | -8.27% |
Current DrawdownCurrent decline from peak | -10.46% | 0.00% | -10.46% |
Average DrawdownAverage peak-to-trough decline | -13.56% | -11.01% | -2.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.44% | 3.40% | +3.04% |
Volatility
AGNC vs. BNS - Volatility Comparison
AGNC Investment Corp. (AGNC) has a higher volatility of 5.37% compared to The Bank of Nova Scotia (BNS) at 4.91%. This indicates that AGNC's price experiences larger fluctuations and is considered to be riskier than BNS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AGNC | BNS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.37% | 4.91% | +0.46% |
Volatility (6M)Calculated over the trailing 6-month period | 16.00% | 12.97% | +3.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.45% | 16.80% | +2.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.75% | 19.57% | +6.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.39% | 21.92% | +3.47% |
Dividends
AGNC vs. BNS - Dividend Comparison
AGNC's dividend yield for the trailing twelve months is around 13.97%, more than BNS's 3.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGNC AGNC Investment Corp. | 13.97% | 13.43% | 15.64% | 14.68% | 13.91% | 9.57% | 10.00% | 11.31% | 12.31% | 10.70% | 12.69% | 14.30% |
BNS The Bank of Nova Scotia | 3.79% | 4.17% | 5.85% | 8.56% | 6.39% | 5.09% | 4.93% | 3.53% | 6.34% | 4.80% | 5.24% | 8.13% |
Financials
AGNC vs. BNS - Financials Comparison
This section allows you to compare key financial metrics between AGNC Investment Corp. and The Bank of Nova Scotia. 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
Frequently Asked Questions
AGNC and BNS have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AGNC has higher volatility (5.37%) compared to BNS (4.91%). In terms of maximum drawdown, AGNC dropped -54.56% vs BNS's -63.65%.
BNS currently has the higher Sharpe Ratio (3.73 vs 1.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for AGNC and BNS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer