BMO.TO vs. TD
Compare and contrast key facts about Bank of Montreal (BMO.TO) and The Toronto-Dominion Bank (TD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BMO.TO or TD.
Key characteristics
| BMO.TO | TD | |
|---|---|---|
| YTD Return | -2.82% | -10.98% |
| 1Y Return | 7.66% | -3.76% |
| 3Y Return (Ann) | 7.60% | -1.23% |
| 5Y Return (Ann) | 8.30% | 4.30% |
| 10Y Return (Ann) | 9.68% | 5.96% |
| Sharpe Ratio | 0.52 | -0.16 |
| Daily Std Dev | 16.95% | 19.16% |
| Max Drawdown | -62.39% | -64.16% |
| Current Drawdown | -10.23% | -26.94% |
Fundamentals
| BMO.TO | TD | |
|---|---|---|
| Market Cap | CA$95.94B | $106.77B |
| EPS | CA$7.27 | $4.66 |
| PE Ratio | 18.19 | 12.96 |
| PEG Ratio | 0.54 | 1.08 |
| Revenue (TTM) | CA$31.18B | $50.40B |
| Gross Profit (TTM) | CA$33.38B | $49.20B |
Correlation
The correlation between BMO.TO and TD is 0.73, 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. TD - Performance Comparison
In the year-to-date period, BMO.TO achieves a -2.82% return, which is significantly higher than TD's -10.98% return. Over the past 10 years, BMO.TO has outperformed TD with an annualized return of 9.68%, while TD has yielded a comparatively lower 5.96% 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. TD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bank of Montreal (BMO.TO) and The Toronto-Dominion Bank (TD). 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. TD - Dividend Comparison
BMO.TO's dividend yield for the trailing twelve months is around 4.67%, less than TD's 5.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BMO.TO Bank of Montreal | 4.67% | 4.42% | 4.44% | 3.11% | 4.38% | 4.03% | 4.24% | 3.54% | 3.55% | 4.15% | 3.79% | 4.15% |
TD The Toronto-Dominion Bank | 5.23% | 4.40% | 4.23% | 3.27% | 4.09% | 3.89% | 4.10% | 3.08% | 3.29% | 4.07% | 3.54% | 3.36% |
Drawdowns
BMO.TO vs. TD - Drawdown Comparison
The maximum BMO.TO drawdown since its inception was -62.39%, roughly equal to the maximum TD drawdown of -64.16%. Use the drawdown chart below to compare losses from any high point for BMO.TO and TD. For additional features, visit the drawdowns tool.
Volatility
BMO.TO vs. TD - Volatility Comparison
Bank of Montreal (BMO.TO) has a higher volatility of 5.24% compared to The Toronto-Dominion Bank (TD) at 4.46%. This indicates that BMO.TO's price experiences larger fluctuations and is considered to be riskier than TD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.