BMO vs. ABX.TO
Compare and contrast key facts about Bank of Montreal (BMO) and Barrick Gold Corporation (ABX.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BMO or ABX.TO.
Key characteristics
| BMO | ABX.TO | |
|---|---|---|
| YTD Return | -5.59% | -5.45% |
| 1Y Return | 13.45% | -16.97% |
| 3Y Return (Ann) | 3.40% | -4.37% |
| 5Y Return (Ann) | 7.56% | 7.48% |
| 10Y Return (Ann) | 7.24% | 3.00% |
| Sharpe Ratio | 0.53 | -0.57 |
| Daily Std Dev | 19.89% | 27.48% |
| Max Drawdown | -68.43% | -84.54% |
| Current Drawdown | -17.31% | -51.24% |
Fundamentals
| BMO | ABX.TO | |
|---|---|---|
| Market Cap | $65.98B | CA$41.01B |
| EPS | $5.30 | CA$0.99 |
| PE Ratio | 17.15 | 23.60 |
| PEG Ratio | 0.59 | 2.23 |
| Revenue (TTM) | $31.18B | CA$11.40B |
| Gross Profit (TTM) | $29.02B | CA$3.47B |
Correlation
The correlation between BMO and ABX.TO is 0.15, 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 vs. ABX.TO - Performance Comparison
The year-to-date returns for both investments are quite close, with BMO having a -5.59% return and ABX.TO slightly higher at -5.45%. Over the past 10 years, BMO has outperformed ABX.TO with an annualized return of 7.24%, while ABX.TO has yielded a comparatively lower 3.00% 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 vs. ABX.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bank of Montreal (BMO) and Barrick Gold Corporation (ABX.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.
Dividends
BMO vs. ABX.TO - Dividend Comparison
BMO's dividend yield for the trailing twelve months is around 4.82%, more than ABX.TO's 1.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BMO Bank of Montreal | 4.82% | 4.34% | 4.64% | 3.16% | 4.11% | 3.97% | 4.52% | 3.42% | 3.56% | 4.53% | 3.94% | 4.31% |
ABX.TO Barrick Gold Corporation | 1.78% | 1.67% | 1.72% | 1.50% | 1.07% | 0.81% | 1.03% | 0.88% | 0.49% | 1.63% | 2.05% | 2.96% |
Drawdowns
BMO vs. ABX.TO - Drawdown Comparison
The maximum BMO drawdown since its inception was -68.43%, smaller than the maximum ABX.TO drawdown of -84.54%. Use the drawdown chart below to compare losses from any high point for BMO and ABX.TO. For additional features, visit the drawdowns tool.
Volatility
BMO vs. ABX.TO - Volatility Comparison
The current volatility for Bank of Montreal (BMO) is 5.10%, while Barrick Gold Corporation (ABX.TO) has a volatility of 10.66%. This indicates that BMO experiences smaller price fluctuations and is considered to be less risky than ABX.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
BMO vs. ABX.TO - Financials Comparison
This section allows you to compare key financial metrics between Bank of Montreal and Barrick Gold Corporation. 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