BBD-B.TO vs. HWM
BBD-B.TO (Bombardier Inc) and HWM (Howmet Aerospace Inc.) are both stocks. Both are in the Industrials sector — BBD-B.TO in Aerospace & Defense, HWM in Specialty Industrial Machinery. Over the past 10 years, BBD-B.TO returned 20.28%/yr vs 34.44%/yr for HWM. At a 0.29 correlation, their price movements are largely independent.
Performance
BBD-B.TO vs. HWM - Performance Comparison
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Different Trading Currencies
BBD-B.TO is traded in CAD, while HWM is traded in USD. To make them comparable, the HWM values have been converted to CAD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with BBD-B.TO having a 32.97% return and HWM slightly lower at 31.98%. Over the past 10 years, BBD-B.TO has underperformed HWM with an annualized return of 20.28%, while HWM has yielded a comparatively higher 34.44% annualized return.
BBD-B.TO
- 1D
- -0.80%
- 1M
- 16.29%
- YTD
- 32.97%
- 6M
- 38.16%
- 1Y
- 199.93%
- 3Y*
- 69.11%
- 5Y*
- 63.28%
- 10Y*
- 20.28%
HWM
- 1D
- 0.31%
- 1M
- -1.04%
- YTD
- 31.98%
- 6M
- 35.65%
- 1Y
- 58.29%
- 3Y*
- 82.45%
- 5Y*
- 54.43%
- 10Y*
- 34.44%
BBD-B.TO vs. HWM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BBD-B.TO Bombardier Inc | 32.97% | 138.87% | 83.71% | 1.80% | 24.45% | 250.00% | -75.13% | -4.93% | -33.00% | 40.28% |
HWM Howmet Aerospace Inc. | 31.98% | 79.37% | 119.87% | 34.56% | 32.03% | 11.62% | 18.16% | 75.98% | -32.17% | 38.35% |
Correlation
The correlation between BBD-B.TO and HWM is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.29 |
The correlation between BBD-B.TO and HWM shifts across timeframes, from 0.29 (10 years) to 0.39 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
BBD-B.TO:
CA$31.21B
HWM:
$106.66B
BBD-B.TO:
$9.32
HWM:
$4.31
BBD-B.TO:
23.84
HWM:
61.42
BBD-B.TO:
0.61
HWM:
1.04
BBD-B.TO:
2.32
HWM:
12.42
BBD-B.TO:
$9.60B
HWM:
$8.62B
BBD-B.TO:
$1.88B
HWM:
$2.81B
BBD-B.TO:
$1.70B
HWM:
$2.66B
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Return for Risk
BBD-B.TO vs. HWM — Risk / Return Rank
BBD-B.TO
HWM
BBD-B.TO vs. HWM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bombardier Inc (BBD-B.TO) and Howmet Aerospace Inc. (HWM). 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.
| BBD-B.TO | HWM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.08 | ||
| Sortino ratioReturn per unit of downside risk | +1.93 | ||
| Omega ratioGain probability vs. loss probability | 1.57 | 1.31 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 11.39 | 4.05 | +7.34 |
| Martin ratioReturn relative to average drawdown | 31.20 | 10.48 | +20.71 |
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Drawdowns
BBD-B.TO vs. HWM - Drawdown Comparison
The maximum BBD-B.TO drawdown since its inception was -96.85%, which is greater than HWM's maximum drawdown of -85.63%. Use the drawdown chart below to compare losses from any high point for BBD-B.TO and HWM.
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Drawdown Indicators
| BBD-B.TO | HWM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.85% | -85.63% | -11.22% |
Max Drawdown (1Y)Largest decline over 1 year | -17.67% | -14.47% | -3.20% |
Max Drawdown (3Y)Largest decline over 3 years | -39.54% | -20.03% | -19.51% |
Max Drawdown (5Y)Largest decline over 5 years | -66.64% | -20.03% | -46.61% |
Max Drawdown (10Y)Largest decline over 10 years | -94.84% | -61.61% | -33.23% |
Current DrawdownCurrent decline from peak | -4.76% | -1.11% | -3.65% |
Average DrawdownAverage peak-to-trough decline | -57.04% | -47.86% | -9.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.44% | 5.58% | +0.86% |
Volatility
BBD-B.TO vs. HWM - Volatility Comparison
Bombardier Inc (BBD-B.TO) has a higher volatility of 11.91% compared to Howmet Aerospace Inc. (HWM) at 11.00%. This indicates that BBD-B.TO's price experiences larger fluctuations and is considered to be riskier than HWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BBD-B.TO | HWM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.91% | 11.00% | +0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 38.80% | 25.36% | +13.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.28% | 31.81% | +19.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.79% | 32.80% | +21.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.28% | 40.12% | +20.16% |
Dividends
BBD-B.TO vs. HWM - Dividend Comparison
BBD-B.TO has not paid dividends to shareholders, while HWM's dividend yield for the trailing twelve months is around 0.18%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBD-B.TO Bombardier Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HWM Howmet Aerospace Inc. | 0.18% | 0.21% | 0.24% | 0.31% | 0.25% | 0.13% | 0.05% | 0.39% | 1.42% | 0.88% | 40.49% | 1.22% |
Financials
BBD-B.TO vs. HWM - Financials Comparison
This section allows you to compare key financial metrics between Bombardier Inc and Howmet Aerospace 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
BBD-B.TO vs. HWM - Profitability Comparison
BBD-B.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bombardier Inc reported a gross profit of 245.90M and revenue of 1.57B. Therefore, the gross margin over that period was 15.6%.
HWM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Howmet Aerospace Inc. reported a gross profit of 854.00M and revenue of 2.31B. Therefore, the gross margin over that period was 36.9%.
BBD-B.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bombardier Inc reported an operating income of 175.08M and revenue of 1.57B, resulting in an operating margin of 11.1%.
HWM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Howmet Aerospace Inc. reported an operating income of 734.00M and revenue of 2.31B, resulting in an operating margin of 31.7%.
BBD-B.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bombardier Inc reported a net income of 52.13M and revenue of 1.57B, resulting in a net margin of 3.3%.
HWM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Howmet Aerospace Inc. reported a net income of 580.00M and revenue of 2.31B, resulting in a net margin of 25.1%.
Frequently Asked Questions
BBD-B.TO and HWM have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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