BNS vs. AGNC
BNS (The Bank of Nova Scotia) and AGNC (AGNC Investment Corp.) are both stocks. BNS operates in Banks - Diversified (Financial Services), while AGNC operates in REIT - Mortgage (Real Estate). Over the past 10 years, BNS returned 11.61%/yr vs 6.63%/yr for AGNC. At a 0.36 correlation, their price movements are largely independent.
Performance
BNS vs. AGNC - Performance Comparison
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Returns By Period
In the year-to-date period, BNS achieves a 16.52% return, which is significantly higher than AGNC's 1.66% return. Over the past 10 years, BNS has outperformed AGNC with an annualized return of 11.61%, while AGNC has yielded a comparatively lower 6.63% annualized return.
BNS
- 1D
- 1.57%
- 1M
- 9.86%
- YTD
- 16.52%
- 6M
- 17.99%
- 1Y
- 62.38%
- 3Y*
- 27.10%
- 5Y*
- 11.56%
- 10Y*
- 11.61%
AGNC
- 1D
- 0.10%
- 1M
- -1.89%
- YTD
- 1.66%
- 6M
- 6.78%
- 1Y
- 26.20%
- 3Y*
- 16.54%
- 5Y*
- 2.89%
- 10Y*
- 6.63%
BNS vs. AGNC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BNS The Bank of Nova Scotia | 16.52% | 45.11% | 17.55% | 8.53% | -28.05% | 40.62% | 1.70% | 17.49% | -18.28% | 21.83% |
AGNC AGNC Investment Corp. | 1.66% | 34.92% | 8.90% | 10.14% | -21.65% | 5.20% | -1.78% | 13.31% | -2.46% | 23.73% |
Correlation
The correlation between BNS and AGNC is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since May 15, 2008 | 0.36 |
The correlation between BNS and AGNC shifts across timeframes, from 0.36 (all time) to 0.49 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
BNS:
$76.13B
AGNC:
$11.57B
BNS:
CA$8.23
AGNC:
$1.33
BNS:
14.26
AGNC:
7.75
BNS:
1.93
AGNC:
4.76
BNS:
1.38
AGNC:
1.13
BNS:
CA$70.57B
AGNC:
$2.33B
BNS:
CA$33.43B
AGNC:
$2.30B
BNS:
CA$13.61B
AGNC:
$3.72B
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Return for Risk
BNS vs. AGNC — Risk / Return Rank
BNS
AGNC
BNS vs. AGNC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Bank of Nova Scotia (BNS) and AGNC Investment Corp. (AGNC). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BNS | AGNC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.38 | ||
| Sortino ratioReturn per unit of downside risk | +3.29 | ||
| Omega ratioGain probability vs. loss probability | 1.68 | 1.23 | +0.44 |
| Calmar ratioReturn relative to maximum drawdown | 4.69 | 1.41 | +3.29 |
| Martin ratioReturn relative to average drawdown | 18.38 | 4.08 | +14.30 |
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Drawdowns
BNS vs. AGNC - Drawdown Comparison
The maximum BNS drawdown since its inception was -63.65%, which is greater than AGNC's maximum drawdown of -54.56%. Use the drawdown chart below to compare losses from any high point for BNS and AGNC.
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Drawdown Indicators
| BNS | AGNC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.65% | -54.56% | -9.09% |
Max Drawdown (1Y)Largest decline over 1 year | -13.36% | -18.71% | +5.35% |
Max Drawdown (3Y)Largest decline over 3 years | -19.51% | -31.04% | +11.53% |
Max Drawdown (5Y)Largest decline over 5 years | -39.12% | -51.80% | +12.68% |
Max Drawdown (10Y)Largest decline over 10 years | -46.29% | -54.56% | +8.27% |
Current DrawdownCurrent decline from peak | 0.00% | -10.46% | +10.46% |
Average DrawdownAverage peak-to-trough decline | -11.01% | -13.56% | +2.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.40% | 6.44% | -3.04% |
Volatility
BNS vs. AGNC - Volatility Comparison
The current volatility for The Bank of Nova Scotia (BNS) is 4.91%, while AGNC Investment Corp. (AGNC) has a volatility of 5.37%. This indicates that BNS experiences smaller price fluctuations and is considered to be less risky than AGNC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BNS | AGNC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.91% | 5.37% | -0.46% |
Volatility (6M)Calculated over the trailing 6-month period | 12.97% | 16.00% | -3.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.80% | 19.45% | -2.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.57% | 25.75% | -6.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.92% | 25.39% | -3.47% |
Dividends
BNS vs. AGNC - Dividend Comparison
BNS's dividend yield for the trailing twelve months is around 3.79%, less than AGNC's 13.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGNC AGNC Investment Corp. | 13.97% | 13.43% | 15.64% | 14.68% | 13.91% | 9.57% | 10.00% | 11.31% | 12.31% | 10.70% | 12.69% | 14.30% |
BNS The Bank of Nova Scotia | 3.79% | 4.17% | 5.85% | 8.56% | 6.39% | 5.09% | 4.93% | 3.53% | 6.34% | 4.80% | 5.24% | 8.13% |
Financials
BNS vs. AGNC - Financials Comparison
This section allows you to compare key financial metrics between The Bank of Nova Scotia and AGNC Investment Corp.. 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
Frequently Asked Questions
BNS and AGNC have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AGNC has higher volatility (5.37%) compared to BNS (4.91%). In terms of maximum drawdown, BNS dropped -63.65% vs AGNC's -54.56%.
BNS currently has the higher Sharpe Ratio (3.73 vs 1.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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