BNS.TO vs. TD.TO
Compare and contrast key facts about The Bank of Nova Scotia (BNS.TO) and The Toronto-Dominion Bank (TD.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BNS.TO or TD.TO.
Key characteristics
BNS.TO | TD.TO | |
---|---|---|
YTD Return | 1.96% | -3.33% |
1Y Return | 3.16% | 4.56% |
3Y Return (Ann) | -1.16% | 2.83% |
5Y Return (Ann) | 2.84% | 5.62% |
10Y Return (Ann) | 4.57% | 8.73% |
Sharpe Ratio | 0.05 | 0.21 |
Daily Std Dev | 17.16% | 16.12% |
Max Drawdown | -52.27% | -54.79% |
Current Drawdown | -22.66% | -17.13% |
Fundamentals
BNS.TO | TD.TO | |
---|---|---|
Market Cap | CA$77.75B | CA$143.58B |
EPS | CA$6.11 | CA$6.33 |
PE Ratio | 10.41 | 12.83 |
PEG Ratio | 1.41 | 1.09 |
Revenue (TTM) | CA$29.40B | CA$50.40B |
Gross Profit (TTM) | CA$29.80B | CA$47.74B |
Correlation
The correlation between BNS.TO and TD.TO is 0.72, 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
BNS.TO vs. TD.TO - Performance Comparison
In the year-to-date period, BNS.TO achieves a 1.96% return, which is significantly higher than TD.TO's -3.33% return. Over the past 10 years, BNS.TO has underperformed TD.TO with an annualized return of 4.57%, while TD.TO has yielded a comparatively higher 8.73% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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
BNS.TO vs. TD.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Bank of Nova Scotia (BNS.TO) and The Toronto-Dominion Bank (TD.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
BNS.TO vs. TD.TO - Dividend Comparison
BNS.TO's dividend yield for the trailing twelve months is around 6.66%, more than TD.TO's 4.90% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
The Bank of Nova Scotia | 6.66% | 6.48% | 4.61% | 5.14% | 5.23% | 3.60% | 4.91% | 3.82% | 3.91% | 6.11% | 3.86% | 2.74% |
The Toronto-Dominion Bank | 4.90% | 4.48% | 4.06% | 3.26% | 4.32% | 3.97% | 3.85% | 3.19% | 3.26% | 3.69% | 3.31% | 3.24% |
Drawdowns
BNS.TO vs. TD.TO - Drawdown Comparison
The maximum BNS.TO drawdown since its inception was -52.27%, roughly equal to the maximum TD.TO drawdown of -54.79%. Use the drawdown chart below to compare losses from any high point for BNS.TO and TD.TO. For additional features, visit the drawdowns tool.
Volatility
BNS.TO vs. TD.TO - Volatility Comparison
The Bank of Nova Scotia (BNS.TO) has a higher volatility of 5.18% compared to The Toronto-Dominion Bank (TD.TO) at 4.46%. This indicates that BNS.TO's price experiences larger fluctuations and is considered to be riskier than TD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
BNS.TO vs. TD.TO - Financials Comparison
This section allows you to compare key financial metrics between The Bank of Nova Scotia and The Toronto-Dominion Bank. 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