BMO.TO vs. ^TNX
Compare and contrast key facts about Bank of Montreal (BMO.TO) and Treasury Yield 10 Years (^TNX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BMO.TO or ^TNX.
Correlation
The correlation between BMO.TO and ^TNX is 0.14, 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
BMO.TO vs. ^TNX - Performance Comparison
Key characteristics
BMO.TO:
0.74
^TNX:
0.75
BMO.TO:
1.02
^TNX:
1.25
BMO.TO:
1.17
^TNX:
1.14
BMO.TO:
0.77
^TNX:
0.30
BMO.TO:
2.04
^TNX:
1.62
BMO.TO:
7.06%
^TNX:
10.31%
BMO.TO:
19.34%
^TNX:
22.26%
BMO.TO:
-62.39%
^TNX:
-93.78%
BMO.TO:
-5.11%
^TNX:
-43.61%
Returns By Period
In the year-to-date period, BMO.TO achieves a 11.17% return, which is significantly lower than ^TNX's 17.02% return. Over the past 10 years, BMO.TO has outperformed ^TNX with an annualized return of 11.72%, while ^TNX has yielded a comparatively lower 7.22% annualized return.
BMO.TO
11.17%
5.60%
23.91%
12.85%
11.84%
11.72%
^TNX
17.02%
2.68%
6.27%
16.18%
18.78%
7.22%
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Risk-Adjusted Performance
BMO.TO vs. ^TNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bank of Montreal (BMO.TO) and Treasury Yield 10 Years (^TNX). 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.
Drawdowns
BMO.TO vs. ^TNX - Drawdown Comparison
The maximum BMO.TO drawdown since its inception was -62.39%, smaller than the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for BMO.TO and ^TNX. For additional features, visit the drawdowns tool.
Volatility
BMO.TO vs. ^TNX - Volatility Comparison
Bank of Montreal (BMO.TO) has a higher volatility of 7.30% compared to Treasury Yield 10 Years (^TNX) at 6.13%. This indicates that BMO.TO's price experiences larger fluctuations and is considered to be riskier than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.