BBD-B.TO vs. URTH

Last updated Jun 4, 2026

BBD-B.TO (Bombardier Inc) is a stock, while URTH (iShares MSCI World ETF) is Global Equities fund tracking the MSCI World Index (Net). Over the past 10 years, BBD-B.TO returned 20.47%/yr vs 14.01%/yr for URTH. At a 0.25 correlation, their price movements are largely independent.

Performance

BBD-B.TO vs. URTH - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Bombardier Inc (BBD-B.TO) and iShares MSCI World ETF (URTH). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

BBD-B.TO is traded in CAD, while URTH is traded in USD. To make them comparable, the URTH values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, BBD-B.TO achieves a 37.93% return, which is significantly higher than URTH's 11.57% return. Over the past 10 years, BBD-B.TO has outperformed URTH with an annualized return of 20.47%, while URTH has yielded a comparatively lower 14.01% annualized return.

BBD-B.TO

• 1D: -0.90%
• 1M: 15.27%
• YTD: 37.93%
• 6M: 39.86%
• 1Y: 235.72%
• 3Y*: 78.64%
• 5Y*: 64.79%
• 10Y*: 20.47%

URTH

• 1D: -0.33%
• 1M: 6.74%
• YTD: 11.57%
• 6M: 10.45%
• 1Y: 27.68%
• 3Y*: 22.22%
• 5Y*: 15.06%
• 10Y*: 14.01%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BBD-B.TO vs. URTH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BBD-B.TO Bombardier Inc	37.93%	138.87%	83.71%	1.80%	24.45%	250.00%	-75.13%	-4.93%	-33.00%	40.28%
URTH iShares MSCI World ETF	11.57%	15.79%	28.85%	21.22%	-12.12%	21.17%	13.83%	21.85%	-0.81%	15.12%

Correlation

The correlation between BBD-B.TO and URTH 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	0.40
Correlation (5Y) Calculated over the trailing 5-year period	0.40
Correlation (10Y) Calculated over the trailing 10-year period	0.32
Correlation (All Time) Calculated using the full available price history since Jan 13, 2012	0.25

The correlation between BBD-B.TO and URTH shifts across timeframes, from 0.25 (all time) to 0.40 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

BBD-B.TO vs. URTH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BBD-B.TO

BBD-B.TO Risk / Return Rank: 98
BBD-B.TO Sharpe Ratio Rank: 98
BBD-B.TO Sortino Ratio Rank: 98
BBD-B.TO Omega Ratio Rank: 96
BBD-B.TO Calmar Ratio Rank: 98
BBD-B.TO Martin Ratio Rank: 98

URTH

URTH Risk / Return Rank: 63
URTH Sharpe Ratio Rank: 63
URTH Sortino Ratio Rank: 63
URTH Omega Ratio Rank: 63
URTH Calmar Ratio Rank: 57
URTH Martin Ratio Rank: 69

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BBD-B.TO vs. URTH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bombardier Inc (BBD-B.TO) and iShares MSCI World ETF (URTH). 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.

	BBD-B.TO	URTH	Difference
Sharpe ratio Return per unit of total volatility	4.64	2.40	+2.24
Sortino ratio Return per unit of downside risk	5.03	3.31	+1.73
Omega ratio Gain probability vs. loss probability	1.64	1.46	+0.18
Calmar ratio Return relative to maximum drawdown	13.43	3.65	+9.78
Martin ratio Return relative to average drawdown	37.16	14.74	+22.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BBD-B.TO vs. URTH - Sharpe Ratio Comparison

The current BBD-B.TO Sharpe Ratio is 4.64, which is higher than the URTH Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of BBD-B.TO and URTH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BBD-B.TO	URTH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.64	2.40	+2.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.19	1.09	+0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.34	0.93	-0.59
Sharpe Ratio (All Time) Calculated using the full available price history	0.17	0.97	-0.80

Drawdowns

BBD-B.TO vs. URTH - Drawdown Comparison

The maximum BBD-B.TO drawdown since its inception was -98.64%, which is greater than URTH's maximum drawdown of -27.82%. Use the drawdown chart below to compare losses from any high point for BBD-B.TO and URTH.

Drawdown Indicators

	BBD-B.TO	URTH	Difference
Max Drawdown Largest peak-to-trough decline	-98.64%	-27.82%	-70.82%
Max Drawdown (1Y) Largest decline over 1 year	-17.67%	-7.62%	-10.05%
Max Drawdown (3Y) Largest decline over 3 years	-39.54%	-16.90%	-22.64%
Max Drawdown (5Y) Largest decline over 5 years	-66.64%	-21.74%	-44.90%
Max Drawdown (10Y) Largest decline over 10 years	-94.84%	-27.82%	-67.02%
Current Drawdown Current decline from peak	-37.29%	-0.33%	-36.96%
Average Drawdown Average peak-to-trough decline	-59.23%	-3.45%	-55.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.37%	1.88%	+4.49%

Volatility

BBD-B.TO vs. URTH - Volatility Comparison

Bombardier Inc (BBD-B.TO) has a higher volatility of 12.60% compared to iShares MSCI World ETF (URTH) at 3.19%. This indicates that BBD-B.TO's price experiences larger fluctuations and is considered to be riskier than URTH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBD-B.TO	URTH	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.60%	3.19%	+9.41%
Volatility (6M) Calculated over the trailing 6-month period	39.37%	9.11%	+30.26%
Volatility (1Y) Calculated over the trailing 1-year period	51.19%	11.60%	+39.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.84%	13.86%	+40.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.30%	15.14%	+45.16%

Dividends

BBD-B.TO vs. URTH - Dividend Comparison

BBD-B.TO has not paid dividends to shareholders, while URTH's dividend yield for the trailing twelve months is around 1.35%.

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%
URTH iShares MSCI World ETF	1.35%	1.48%	1.47%	1.70%	1.68%	1.50%	1.52%	2.16%	2.30%	1.88%	2.15%	2.35%

Frequently Asked Questions

Can I hold both BBD-B.TO and URTH in my portfolio?

BBD-B.TO and URTH 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.