BMO.TO vs. BNS.TO
Compare and contrast key facts about Bank of Montreal (BMO.TO) and The Bank of Nova Scotia (BNS.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BMO.TO or BNS.TO.
Key characteristics
| BMO.TO | BNS.TO | |
|---|---|---|
| YTD Return | -3.96% | 1.13% |
| 1Y Return | 6.17% | -0.03% |
| 3Y Return (Ann) | 6.48% | -1.44% |
| 5Y Return (Ann) | 7.79% | 2.74% |
| 10Y Return (Ann) | 9.55% | 4.49% |
| Sharpe Ratio | 0.35 | -0.02 |
| Daily Std Dev | 16.82% | 17.14% |
| Max Drawdown | -62.39% | -52.27% |
| Current Drawdown | -11.28% | -23.30% |
Fundamentals
| BMO.TO | BNS.TO | |
|---|---|---|
| Market Cap | CA$90.12B | CA$77.75B |
| EPS | CA$7.27 | CA$6.11 |
| PE Ratio | 17.09 | 10.41 |
| PEG Ratio | 0.59 | 1.41 |
| Revenue (TTM) | CA$31.18B | CA$29.40B |
| Gross Profit (TTM) | CA$33.38B | CA$29.80B |
Correlation
The correlation between BMO.TO and BNS.TO is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BMO.TO vs. BNS.TO - Performance Comparison
In the year-to-date period, BMO.TO achieves a -3.96% return, which is significantly lower than BNS.TO's 1.13% return. Over the past 10 years, BMO.TO has outperformed BNS.TO with an annualized return of 9.55%, while BNS.TO has yielded a comparatively lower 4.49% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
BMO.TO vs. BNS.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bank of Montreal (BMO.TO) and The Bank of Nova Scotia (BNS.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
BMO.TO vs. BNS.TO - Dividend Comparison
BMO.TO's dividend yield for the trailing twelve months is around 4.85%, less than BNS.TO's 6.71% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BMO.TO Bank of Montreal | 4.85% | 4.42% | 4.44% | 3.11% | 4.38% | 4.03% | 4.24% | 3.54% | 3.55% | 4.15% | 3.79% | 4.15% |
BNS.TO The Bank of Nova Scotia | 6.71% | 6.48% | 4.61% | 5.14% | 5.23% | 3.60% | 4.91% | 3.82% | 3.91% | 6.11% | 3.86% | 2.74% |
Drawdowns
BMO.TO vs. BNS.TO - Drawdown Comparison
The maximum BMO.TO drawdown since its inception was -62.39%, which is greater than BNS.TO's maximum drawdown of -52.27%. Use the drawdown chart below to compare losses from any high point for BMO.TO and BNS.TO. For additional features, visit the drawdowns tool.
Volatility
BMO.TO vs. BNS.TO - Volatility Comparison
Bank of Montreal (BMO.TO) and The Bank of Nova Scotia (BNS.TO) have volatilities of 4.86% and 4.98%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
BMO.TO vs. BNS.TO - Financials Comparison
This section allows you to compare key financial metrics between Bank of Montreal 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