BMO.TO vs. ^TNX
Compare and contrast key facts about Bank of Montreal (BMO.TO) and Treasury Yield 10 Years (^TNX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BMO.TO or ^TNX.
Correlation
The correlation between BMO.TO and ^TNX is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BMO.TO vs. ^TNX - Performance Comparison
Key characteristics
BMO.TO:
0.72
^TNX:
0.61
BMO.TO:
0.99
^TNX:
1.06
BMO.TO:
1.16
^TNX:
1.12
BMO.TO:
0.75
^TNX:
0.25
BMO.TO:
1.98
^TNX:
1.33
BMO.TO:
7.05%
^TNX:
10.31%
BMO.TO:
19.35%
^TNX:
22.23%
BMO.TO:
-62.39%
^TNX:
-93.78%
BMO.TO:
-4.91%
^TNX:
-43.99%
Returns By Period
In the year-to-date period, BMO.TO achieves a 11.40% return, which is significantly lower than ^TNX's 16.24% return. Over the past 10 years, BMO.TO has outperformed ^TNX with an annualized return of 11.86%, while ^TNX has yielded a comparatively lower 7.62% annualized return.
BMO.TO
11.40%
5.87%
24.34%
14.64%
11.90%
11.86%
^TNX
16.24%
2.63%
5.64%
15.91%
18.66%
7.62%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
BMO.TO vs. ^TNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bank of Montreal (BMO.TO) and Treasury Yield 10 Years (^TNX). 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.
Drawdowns
BMO.TO vs. ^TNX - Drawdown Comparison
The maximum BMO.TO drawdown since its inception was -62.39%, smaller than the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for BMO.TO and ^TNX. For additional features, visit the drawdowns tool.
Volatility
BMO.TO vs. ^TNX - Volatility Comparison
Bank of Montreal (BMO.TO) has a higher volatility of 7.31% compared to Treasury Yield 10 Years (^TNX) at 5.82%. This indicates that BMO.TO's price experiences larger fluctuations and is considered to be riskier than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.