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BMO.TO vs. RY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BMO.TORY
YTD Return2.05%0.79%
1Y Return16.71%11.48%
3Y Return (Ann)10.13%6.85%
5Y Return (Ann)10.56%10.33%
10Y Return (Ann)10.56%8.56%
Sharpe Ratio1.110.74
Daily Std Dev16.81%17.04%
Max Drawdown-62.39%-63.03%
Current Drawdown-5.72%-6.98%

Fundamentals


BMO.TORY
Market CapCA$94.31B$141.33B
EPSCA$7.27$7.99
PE Ratio17.8812.44
PEG Ratio0.5410.42
Revenue (TTM)CA$31.18B$53.51B
Gross Profit (TTM)CA$33.38B$48.50B

Correlation

0.74
-1.001.00

The correlation between BMO.TO and RY 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. RY - Performance Comparison

In the year-to-date period, BMO.TO achieves a 2.05% return, which is significantly higher than RY's 0.79% return. Over the past 10 years, BMO.TO has outperformed RY with an annualized return of 10.56%, while RY has yielded a comparatively lower 8.56% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


2,000.00%2,500.00%3,000.00%3,500.00%4,000.00%4,500.00%OctoberNovemberDecember2024FebruaryMarch
2,550.96%
4,711.14%
BMO.TO
RY

Compare stocks, funds, or ETFs


Bank of Montreal

Royal Bank of Canada

Risk-Adjusted Performance

BMO.TO vs. RY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Bank of Montreal (BMO.TO) and Royal Bank of Canada (RY). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BMO.TO
Bank of Montreal
0.75
RY
Royal Bank of Canada
0.51

BMO.TO vs. RY - Sharpe Ratio Comparison

The current BMO.TO Sharpe Ratio is 0.75, which is higher than the RY Sharpe Ratio of 0.51. The chart below compares the 12-month rolling Sharpe Ratio of BMO.TO and RY.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00OctoberNovemberDecember2024FebruaryMarch
0.75
0.51
BMO.TO
RY

Dividends

BMO.TO vs. RY - Dividend Comparison

BMO.TO's dividend yield for the trailing twelve months is around 4.45%, more than RY's 3.98% yield.


TTM20232022202120202019201820172016201520142013
BMO.TO
Bank of Montreal
4.45%4.42%4.44%3.10%4.38%4.03%4.24%3.54%3.55%4.15%3.79%4.15%
RY
Royal Bank of Canada
3.98%3.93%4.13%3.28%3.86%3.88%4.29%3.28%3.59%4.54%3.73%3.69%

Drawdowns

BMO.TO vs. RY - Drawdown Comparison

The maximum BMO.TO drawdown since its inception was -62.39%, roughly equal to the maximum RY drawdown of -63.03%. The drawdown chart below compares losses from any high point along the way for BMO.TO and RY


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%OctoberNovemberDecember2024FebruaryMarch
-12.48%
-6.98%
BMO.TO
RY

Volatility

BMO.TO vs. RY - Volatility Comparison

Bank of Montreal (BMO.TO) has a higher volatility of 3.83% compared to Royal Bank of Canada (RY) at 3.51%. This indicates that BMO.TO's price experiences larger fluctuations and is considered to be riskier than RY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%OctoberNovemberDecember2024FebruaryMarch
3.83%
3.51%
BMO.TO
RY