BMO vs. TD
Compare and contrast key facts about Bank of Montreal (BMO) 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 or TD.
Key characteristics
| BMO | TD | |
|---|---|---|
| YTD Return | -6.94% | -9.89% |
| 1Y Return | 3.86% | -4.07% |
| 3Y Return (Ann) | 4.32% | -0.83% |
| 5Y Return (Ann) | 7.53% | 4.55% |
| 10Y Return (Ann) | 7.15% | 6.08% |
| Sharpe Ratio | 0.18 | -0.13 |
| Daily Std Dev | 20.27% | 19.19% |
| Max Drawdown | -68.44% | -64.16% |
| Current Drawdown | -18.49% | -26.04% |
Fundamentals
| BMO | TD | |
|---|---|---|
| Market Cap | $70.86B | $106.77B |
| EPS | $5.35 | $4.66 |
| PE Ratio | 18.26 | 12.96 |
| PEG Ratio | 0.54 | 1.08 |
| Revenue (TTM) | $31.18B | $50.40B |
| Gross Profit (TTM) | $29.02B | $49.20B |
Correlation
The correlation between BMO and TD 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 vs. TD - Performance Comparison
In the year-to-date period, BMO achieves a -6.94% return, which is significantly higher than TD's -9.89% return. Over the past 10 years, BMO has outperformed TD with an annualized return of 7.15%, while TD has yielded a comparatively lower 6.08% 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. TD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bank of Montreal (BMO) 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 vs. TD - Dividend Comparison
BMO's dividend yield for the trailing twelve months is around 4.78%, less than TD's 5.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BMO Bank of Montreal | 4.78% | 4.34% | 4.64% | 3.16% | 4.11% | 3.97% | 4.52% | 3.42% | 3.56% | 4.53% | 3.94% | 4.31% |
TD The Toronto-Dominion Bank | 5.16% | 4.40% | 4.23% | 3.27% | 4.09% | 3.89% | 4.10% | 3.08% | 3.29% | 4.07% | 3.54% | 3.36% |
Drawdowns
BMO vs. TD - Drawdown Comparison
The maximum BMO drawdown since its inception was -68.44%, which is greater than TD's maximum drawdown of -64.16%. Use the drawdown chart below to compare losses from any high point for BMO and TD. For additional features, visit the drawdowns tool.
Volatility
BMO vs. TD - Volatility Comparison
Bank of Montreal (BMO) has a higher volatility of 5.24% compared to The Toronto-Dominion Bank (TD) at 4.50%. This indicates that BMO'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.