BMO.TO vs. WDO.TO
BMO.TO (Bank of Montreal) and WDO.TO (Wesdome Gold Mines Ltd.) are both stocks. BMO.TO operates in Banks - Diversified (Financial Services), while WDO.TO operates in Gold (Basic Materials). Over the past 10 years, BMO.TO returned 15.95%/yr vs 30.81%/yr for WDO.TO. At a 0.03 correlation, their price movements are largely independent.
Performance
BMO.TO vs. WDO.TO - Performance Comparison
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Returns By Period
In the year-to-date period, BMO.TO achieves a 34.22% return, which is significantly higher than WDO.TO's 11.61% return. Over the past 10 years, BMO.TO has underperformed WDO.TO with an annualized return of 15.95%, while WDO.TO has yielded a comparatively higher 30.81% annualized return.
BMO.TO
- 1D
- 1.21%
- 1M
- 14.20%
- YTD
- 34.22%
- 6M
- 31.97%
- 1Y
- 65.34%
- 3Y*
- 31.53%
- 5Y*
- 18.07%
- 10Y*
- 15.95%
WDO.TO
- 1D
- 3.21%
- 1M
- -18.02%
- YTD
- 11.61%
- 6M
- 12.50%
- 1Y
- 28.38%
- 3Y*
- 51.49%
- 5Y*
- 15.05%
- 10Y*
- 30.81%
BMO.TO vs. WDO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BMO.TO Bank of Montreal | 34.22% | 33.33% | 11.74% | 12.19% | -6.19% | 45.89% | 1.29% | 17.51% | -7.94% | 7.99% |
WDO.TO Wesdome Gold Mines Ltd. | 11.61% | 76.14% | 67.44% | 3.07% | -35.01% | 8.38% | 4.42% | 129.57% | 109.95% | 0.96% |
Correlation
The correlation between BMO.TO and WDO.TO is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.03 |
The correlation between BMO.TO and WDO.TO shifts across timeframes, from 0.01 (10 years) to 0.21 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
BMO.TO:
CA$165.75B
WDO.TO:
CA$3.84B
BMO.TO:
CA$13.65
WDO.TO:
CA$2.68
BMO.TO:
17.23
WDO.TO:
9.47
BMO.TO:
0.79
WDO.TO:
0.11
BMO.TO:
2.18
WDO.TO:
3.74
BMO.TO:
2.13
WDO.TO:
3.77
BMO.TO:
CA$77.04B
WDO.TO:
CA$1.03B
BMO.TO:
CA$34.47B
WDO.TO:
CA$636.67M
BMO.TO:
CA$14.20B
WDO.TO:
CA$694.56M
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Return for Risk
BMO.TO vs. WDO.TO — Risk / Return Rank
BMO.TO
WDO.TO
BMO.TO vs. WDO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bank of Montreal (BMO.TO) and Wesdome Gold Mines Ltd. (WDO.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BMO.TO | WDO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.14 | ||
| Sortino ratioReturn per unit of downside risk | +3.71 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 1.13 | +0.49 |
| Calmar ratioReturn relative to maximum drawdown | 6.49 | 1.12 | +5.37 |
| Martin ratioReturn relative to average drawdown | 23.72 | 2.51 | +21.21 |
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Drawdowns
BMO.TO vs. WDO.TO - Drawdown Comparison
The maximum BMO.TO drawdown since its inception was -62.39%, smaller than the maximum WDO.TO drawdown of -89.14%. Use the drawdown chart below to compare losses from any high point for BMO.TO and WDO.TO.
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Drawdown Indicators
| BMO.TO | WDO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.39% | -89.14% | +26.75% |
Max Drawdown (1Y)Largest decline over 1 year | -10.12% | -25.42% | +15.30% |
Max Drawdown (3Y)Largest decline over 3 years | -16.57% | -25.42% | +8.85% |
Max Drawdown (5Y)Largest decline over 5 years | -27.47% | -62.68% | +35.21% |
Max Drawdown (10Y)Largest decline over 10 years | -45.59% | -62.68% | +17.09% |
Current DrawdownCurrent decline from peak | 0.00% | -18.02% | +18.02% |
Average DrawdownAverage peak-to-trough decline | -9.03% | -35.24% | +26.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.78% | 11.33% | -8.55% |
Volatility
BMO.TO vs. WDO.TO - Volatility Comparison
The current volatility for Bank of Montreal (BMO.TO) is 4.56%, while Wesdome Gold Mines Ltd. (WDO.TO) has a volatility of 21.04%. This indicates that BMO.TO experiences smaller price fluctuations and is considered to be less risky than WDO.TO 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 | WDO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.56% | 21.04% | -16.48% |
Volatility (6M)Calculated over the trailing 6-month period | 14.51% | 41.78% | -27.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.79% | 52.05% | -34.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.36% | 47.93% | -29.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.00% | 53.26% | -32.26% |
Dividends
BMO.TO vs. WDO.TO - Dividend Comparison
BMO.TO's dividend yield for the trailing twelve months is around 2.81%, while WDO.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BMO.TO Bank of Montreal | 2.81% | 3.61% | 4.39% | 4.42% | 4.44% | 3.11% | 4.38% | 4.03% | 4.24% | 3.54% | 3.52% | 4.15% |
WDO.TO Wesdome Gold Mines Ltd. | 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. WDO.TO - Financials Comparison
This section allows you to compare key financial metrics between Bank of Montreal and Wesdome Gold Mines Ltd.. 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
BMO.TO vs. WDO.TO - Profitability Comparison
BMO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bank of Montreal reported a gross profit of 8.79B and revenue of 19.27B. Therefore, the gross margin over that period was 45.6%.
WDO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Wesdome Gold Mines Ltd. reported a gross profit of 188.53M and revenue of 299.79M. Therefore, the gross margin over that period was 62.9%.
BMO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bank of Montreal reported an operating income of 3.50B and revenue of 19.27B, resulting in an operating margin of 18.2%.
WDO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Wesdome Gold Mines Ltd. reported an operating income of 177.51M and revenue of 299.79M, resulting in an operating margin of 59.2%.
BMO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bank of Montreal reported a net income of 2.63B and revenue of 19.27B, resulting in a net margin of 13.6%.
WDO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Wesdome Gold Mines Ltd. reported a net income of 118.88M and revenue of 299.79M, resulting in a net margin of 39.7%.
Frequently Asked Questions
BMO.TO and WDO.TO have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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