BNS.TO vs. STX
BNS.TO (The Bank of Nova Scotia) and STX (Seagate Technology plc) are both stocks. BNS.TO operates in Banks - Diversified (Financial Services), while STX operates in Computer Hardware (Technology). Over the past 10 years, BNS.TO returned 11.26%/yr vs 51.30%/yr for STX. At a 0.30 correlation, their price movements are largely independent.
Performance
BNS.TO vs. STX - Performance Comparison
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Different Trading Currencies
BNS.TO is traded in CAD, while STX is traded in USD. To make them comparable, the STX values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, BNS.TO achieves a 14.13% return, which is significantly lower than STX's 224.74% return. Over the past 10 years, BNS.TO has underperformed STX with an annualized return of 11.26%, while STX has yielded a comparatively higher 51.30% annualized return.
BNS.TO
- 1D
- 0.58%
- 1M
- 6.52%
- YTD
- 14.13%
- 6M
- 16.24%
- 1Y
- 60.74%
- 3Y*
- 26.75%
- 5Y*
- 13.06%
- 10Y*
- 11.26%
STX
- 1D
- 3.74%
- 1M
- 14.35%
- YTD
- 224.74%
- 6M
- 210.99%
- 1Y
- 613.65%
- 3Y*
- 153.42%
- 5Y*
- 63.79%
- 10Y*
- 51.30%
BNS.TO vs. STX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BNS.TO The Bank of Nova Scotia | 14.13% | 38.75% | 27.51% | 3.68% | -22.84% | 37.98% | -0.30% | 11.80% | -12.26% | 12.80% |
STX Seagate Technology plc | 224.74% | 210.41% | 12.87% | 65.10% | -48.34% | 87.41% | 7.53% | 55.46% | 5.26% | 8.77% |
Correlation
The correlation between BNS.TO and STX is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2006 | 0.30 |
The correlation between BNS.TO and STX shifts across timeframes, from 0.15 (1 year) to 0.33 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
BNS.TO:
CA$139.23B
STX:
$199.90B
BNS.TO:
CA$7.57
STX:
$10.58
BNS.TO:
14.92
STX:
82.87
BNS.TO:
2.33
STX:
17.90
BNS.TO:
1.80
STX:
182.56
BNS.TO:
CA$61.04B
STX:
$11.01B
BNS.TO:
CA$33.58B
STX:
$4.57B
BNS.TO:
CA$13.09B
STX:
$2.59B
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Return for Risk
BNS.TO vs. STX — Risk / Return Rank
BNS.TO
STX
BNS.TO vs. STX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Bank of Nova Scotia (BNS.TO) and Seagate Technology plc (STX). 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.
| BNS.TO | STX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.75 | ||
| Sortino ratioReturn per unit of downside risk | -0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.80 | 1.81 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 5.32 | 30.00 | -24.68 |
| Martin ratioReturn relative to average drawdown | 20.64 | 88.50 | -67.86 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BNS.TO | STX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.07 | 9.82 | -5.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.81 | 1.43 | -0.62 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 1.21 | -0.61 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.46 | -0.01 |
Drawdowns
BNS.TO vs. STX - Drawdown Comparison
The maximum BNS.TO drawdown since its inception was -52.27%, smaller than the maximum STX drawdown of -89.52%. Use the drawdown chart below to compare losses from any high point for BNS.TO and STX.
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Drawdown Indicators
| BNS.TO | STX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.27% | -89.52% | +37.25% |
Max Drawdown (1Y)Largest decline over 1 year | -11.48% | -20.64% | +9.16% |
Max Drawdown (3Y)Largest decline over 3 years | -18.12% | -39.30% | +21.18% |
Max Drawdown (5Y)Largest decline over 5 years | -34.87% | -53.74% | +18.87% |
Max Drawdown (10Y)Largest decline over 10 years | -38.95% | -53.74% | +14.79% |
Current DrawdownCurrent decline from peak | -0.09% | -6.12% | +6.03% |
Average DrawdownAverage peak-to-trough decline | -9.24% | -29.05% | +19.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.95% | 6.98% | -4.03% |
Volatility
BNS.TO vs. STX - Volatility Comparison
The current volatility for The Bank of Nova Scotia (BNS.TO) is 4.80%, while Seagate Technology plc (STX) has a volatility of 17.99%. This indicates that BNS.TO experiences smaller price fluctuations and is considered to be less risky than STX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BNS.TO | STX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.80% | 17.99% | -13.19% |
Volatility (6M)Calculated over the trailing 6-month period | 11.60% | 49.82% | -38.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.04% | 63.22% | -48.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.32% | 44.96% | -28.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.80% | 42.58% | -23.78% |
Dividends
BNS.TO vs. STX - Dividend Comparison
BNS.TO's dividend yield for the trailing twelve months is around 3.89%, more than STX's 0.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BNS.TO The Bank of Nova Scotia | 3.89% | 4.27% | 5.49% | 6.48% | 4.61% | 5.14% | 5.23% | 3.60% | 4.91% | 3.82% | 3.91% | 6.11% |
STX Seagate Technology plc | 0.33% | 1.05% | 3.27% | 3.28% | 5.32% | 2.40% | 4.21% | 4.27% | 6.53% | 6.02% | 6.60% | 6.14% |
Financials
BNS.TO vs. STX - Financials Comparison
This section allows you to compare key financial metrics between The Bank of Nova Scotia and Seagate Technology plc. 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
BNS.TO vs. STX - Profitability Comparison
BNS.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Bank of Nova Scotia reported a gross profit of 8.40B and revenue of 17.19B. Therefore, the gross margin over that period was 48.9%.
STX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Seagate Technology plc reported a gross profit of 1.45B and revenue of 3.11B. Therefore, the gross margin over that period was 46.5%.
BNS.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Bank of Nova Scotia reported an operating income of 3.43B and revenue of 17.19B, resulting in an operating margin of 20.0%.
STX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Seagate Technology plc reported an operating income of 982.00M and revenue of 3.11B, resulting in an operating margin of 31.6%.
BNS.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Bank of Nova Scotia reported a net income of 2.60B and revenue of 17.19B, resulting in a net margin of 15.1%.
STX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Seagate Technology plc reported a net income of 748.00M and revenue of 3.11B, resulting in a net margin of 24.0%.
Frequently Asked Questions
BNS.TO and STX have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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