BMO.TO vs. CNC.V
BMO.TO (Bank of Montreal) and CNC.V (Canada Nickel Company Inc) are both stocks. BMO.TO operates in Banks - Diversified (Financial Services), while CNC.V operates in Other Industrial Metals & Mining (Basic Materials). Over the past 5 years, BMO.TO returned 17.46%/yr vs -15.98%/yr for CNC.V. At a 0.16 correlation, their price movements are largely independent.
Performance
BMO.TO vs. CNC.V - Performance Comparison
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Returns By Period
In the year-to-date period, BMO.TO achieves a 31.03% return, which is significantly higher than CNC.V's 5.00% return.
BMO.TO
- 1D
- 0.18%
- 1M
- 9.74%
- YTD
- 31.03%
- 6M
- 33.12%
- 1Y
- 60.65%
- 3Y*
- 31.19%
- 5Y*
- 17.46%
- 10Y*
- 15.44%
CNC.V
- 1D
- -2.00%
- 1M
- -12.50%
- YTD
- 5.00%
- 6M
- 20.49%
- 1Y
- 47.00%
- 3Y*
- 4.45%
- 5Y*
- -15.98%
- 10Y*
- —
BMO.TO vs. CNC.V - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
BMO.TO Bank of Montreal | 31.03% | 33.33% | 11.74% | 12.19% | -6.19% | 45.89% | 7.89% |
CNC.V Canada Nickel Company Inc | 5.00% | 52.17% | -19.30% | -44.39% | -44.74% | 91.24% | 115.56% |
Correlation
The correlation between BMO.TO and CNC.V is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2020 | 0.16 |
Fundamentals
BMO.TO:
CA$161.81B
CNC.V:
CA$333.53M
BMO.TO:
CA$13.65
CNC.V:
-CA$0.13
BMO.TO:
2.08
CNC.V:
1.39
BMO.TO:
CA$77.04B
CNC.V:
CA$0.00
BMO.TO:
CA$34.47B
CNC.V:
CA$0.00
BMO.TO:
CA$14.20B
CNC.V:
-CA$15.27M
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Return for Risk
BMO.TO vs. CNC.V — Risk / Return Rank
BMO.TO
CNC.V
BMO.TO vs. CNC.V - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bank of Montreal (BMO.TO) and Canada Nickel Company Inc (CNC.V). 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.
| BMO.TO | CNC.V | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.76 | ||
| Sortino ratioReturn per unit of downside risk | +2.97 | ||
| Omega ratioGain probability vs. loss probability | 1.58 | 1.18 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 6.02 | 1.07 | +4.95 |
| Martin ratioReturn relative to average drawdown | 21.85 | 2.03 | +19.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BMO.TO | CNC.V | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.44 | 0.68 | +2.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.96 | -0.27 | +1.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.74 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.11 | +0.42 |
Drawdowns
BMO.TO vs. CNC.V - Drawdown Comparison
The maximum BMO.TO drawdown since its inception was -62.39%, smaller than the maximum CNC.V drawdown of -83.14%. Use the drawdown chart below to compare losses from any high point for BMO.TO and CNC.V.
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Drawdown Indicators
| BMO.TO | CNC.V | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.39% | -83.14% | +20.75% |
Max Drawdown (1Y)Largest decline over 1 year | -10.12% | -44.09% | +33.97% |
Max Drawdown (3Y)Largest decline over 3 years | -16.57% | -64.25% | +47.68% |
Max Drawdown (5Y)Largest decline over 5 years | -27.47% | -80.68% | +53.21% |
Max Drawdown (10Y)Largest decline over 10 years | -45.59% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -66.51% | +66.51% |
Average DrawdownAverage peak-to-trough decline | -9.04% | -55.12% | +46.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.79% | 23.20% | -20.41% |
Volatility
BMO.TO vs. CNC.V - Volatility Comparison
The current volatility for Bank of Montreal (BMO.TO) is 4.85%, while Canada Nickel Company Inc (CNC.V) has a volatility of 14.01%. This indicates that BMO.TO experiences smaller price fluctuations and is considered to be less risky than CNC.V based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BMO.TO | CNC.V | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.85% | 14.01% | -9.16% |
Volatility (6M)Calculated over the trailing 6-month period | 14.65% | 49.07% | -34.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.76% | 69.74% | -51.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.35% | 60.42% | -42.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.00% | 76.69% | -55.69% |
Dividends
BMO.TO vs. CNC.V - Dividend Comparison
BMO.TO's dividend yield for the trailing twelve months is around 2.87%, while CNC.V has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BMO.TO Bank of Montreal | 2.87% | 3.61% | 4.39% | 4.42% | 4.44% | 3.11% | 4.38% | 4.03% | 4.24% | 3.54% | 3.52% | 4.15% |
CNC.V Canada Nickel Company 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% |
Financials
BMO.TO vs. CNC.V - Financials Comparison
This section allows you to compare key financial metrics between Bank of Montreal and Canada Nickel Company 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
Frequently Asked Questions
BMO.TO and CNC.V have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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