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

Key characteristics


BMO.TORY.TO
YTD Return0.91%2.72%
1Y Return17.23%11.83%
3Y Return (Ann)9.57%9.41%
5Y Return (Ann)10.32%10.64%
10Y Return (Ann)10.50%10.87%
Sharpe Ratio1.100.88
Daily Std Dev16.78%13.76%
Max Drawdown-62.39%-54.05%
Current Drawdown-6.78%-0.22%

Fundamentals


BMO.TORY.TO
Market CapCA$94.31BCA$191.24B
EPSCA$7.27CA$10.77
PE Ratio17.8812.56
PEG Ratio0.5410.64
Revenue (TTM)CA$31.18BCA$53.51B
Gross Profit (TTM)CA$33.38BCA$48.50B

Correlation

0.76
-1.001.00

The correlation between BMO.TO and RY.TO is 0.76, 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.TO - Performance Comparison

In the year-to-date period, BMO.TO achieves a 0.91% return, which is significantly lower than RY.TO's 2.72% return. Both investments have delivered pretty close results over the past 10 years, with BMO.TO having a 10.50% annualized return and RY.TO not far ahead at 10.87%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


5,000.00%5,500.00%6,000.00%6,500.00%7,000.00%7,500.00%8,000.00%8,500.00%OctoberNovemberDecember2024FebruaryMarch
6,626.43%
8,037.50%
BMO.TO
RY.TO

Compare stocks, funds, or ETFs


Bank of Montreal

Royal Bank of Canada

Risk-Adjusted Performance

BMO.TO vs. RY.TO - 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.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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BMO.TO
Bank of Montreal
1.00
RY.TO
Royal Bank of Canada
0.80

BMO.TO vs. RY.TO - Sharpe Ratio Comparison

The current BMO.TO Sharpe Ratio is 1.00, which roughly equals the RY.TO Sharpe Ratio of 0.80. The chart below compares the 12-month rolling Sharpe Ratio of BMO.TO and RY.TO.


Rolling 12-month Sharpe Ratio-0.500.000.501.00OctoberNovemberDecember2024FebruaryMarch
1.00
0.80
BMO.TO
RY.TO

Dividends

BMO.TO vs. RY.TO - Dividend Comparison

BMO.TO's dividend yield for the trailing twelve months is around 4.50%, more than RY.TO's 3.96% yield.


TTM20232022202120202019201820172016201520142013
BMO.TO
Bank of Montreal
4.50%4.42%4.44%3.10%4.38%4.03%4.24%3.54%3.55%4.15%3.79%4.15%
RY.TO
Royal Bank of Canada
3.96%3.99%3.90%3.21%4.10%3.96%4.03%3.39%3.57%4.15%3.54%3.54%

Drawdowns

BMO.TO vs. RY.TO - Drawdown Comparison

The maximum BMO.TO drawdown since its inception was -62.39%, which is greater than RY.TO's maximum drawdown of -54.05%. The drawdown chart below compares losses from any high point along the way for BMO.TO and RY.TO


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%OctoberNovemberDecember2024FebruaryMarch
-13.63%
-7.73%
BMO.TO
RY.TO

Volatility

BMO.TO vs. RY.TO - Volatility Comparison

Bank of Montreal (BMO.TO) has a higher volatility of 3.95% compared to Royal Bank of Canada (RY.TO) at 3.53%. This indicates that BMO.TO's price experiences larger fluctuations and is considered to be riskier than RY.TO 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
3.95%
3.53%
BMO.TO
RY.TO