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BNS vs. RY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Key characteristics


BNSRY
YTD Return-1.76%6.36%
1Y Return0.48%18.61%
3Y Return (Ann)-6.19%4.60%
5Y Return (Ann)3.10%10.83%
10Y Return (Ann)1.58%8.51%
Sharpe Ratio-0.011.07
Daily Std Dev19.51%17.39%
Max Drawdown-63.79%-63.05%
Current Drawdown-28.72%-3.56%

Fundamentals


BNSRY
Market Cap$56.90B$149.16B
EPS$4.36$7.92
PE Ratio10.6113.31
PEG Ratio1.403.31
Total Revenue (TTM)$53.35B$93.15B
Gross Profit (TTM)$53.35B$93.15B
EBITDA (TTM)$6.07B$11.58B

Correlation

-0.50.00.51.00.8

The correlation between BNS and RY is 0.78, 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 vs. RY - Performance Comparison

In the year-to-date period, BNS achieves a -1.76% return, which is significantly lower than RY's 6.36% return. Over the past 10 years, BNS has underperformed RY with an annualized return of 1.58%, while RY has yielded a comparatively higher 8.51% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%15.00%2024FebruaryMarchAprilMayJune
4.00%
12.88%
BNS
RY

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The Bank of Nova Scotia

Royal Bank of Canada

Risk-Adjusted Performance

BNS vs. RY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for The Bank of Nova Scotia (BNS) and Royal Bank of Canada (RY). 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
Sharpe ratio
The chart of Sharpe ratio for BNS, currently valued at -0.01, compared to the broader market-2.00-1.000.001.002.003.00-0.01
Sortino ratio
The chart of Sortino ratio for BNS, currently valued at 0.13, compared to the broader market-4.00-2.000.002.004.006.000.13
Omega ratio
The chart of Omega ratio for BNS, currently valued at 1.01, compared to the broader market0.501.001.502.001.01
Calmar ratio
The chart of Calmar ratio for BNS, currently valued at -0.00, compared to the broader market0.002.004.006.00-0.00
Martin ratio
The chart of Martin ratio for BNS, currently valued at -0.02, compared to the broader market0.0010.0020.0030.00-0.02
RY
Sharpe ratio
The chart of Sharpe ratio for RY, currently valued at 1.07, compared to the broader market-2.00-1.000.001.002.003.001.07
Sortino ratio
The chart of Sortino ratio for RY, currently valued at 1.64, compared to the broader market-4.00-2.000.002.004.006.001.64
Omega ratio
The chart of Omega ratio for RY, currently valued at 1.20, compared to the broader market0.501.001.502.001.20
Calmar ratio
The chart of Calmar ratio for RY, currently valued at 0.65, compared to the broader market0.002.004.006.000.65
Martin ratio
The chart of Martin ratio for RY, currently valued at 2.49, compared to the broader market0.0010.0020.0030.002.49

BNS vs. RY - Sharpe Ratio Comparison

The current BNS Sharpe Ratio is -0.01, which is lower than the RY Sharpe Ratio of 1.07. The chart below compares the 12-month rolling Sharpe Ratio of BNS and RY.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502024FebruaryMarchAprilMayJune
-0.01
1.07
BNS
RY

Dividends

BNS vs. RY - Dividend Comparison

BNS's dividend yield for the trailing twelve months is around 6.86%, more than RY's 3.84% yield.


TTM20232022202120202019201820172016201520142013
BNS
The Bank of Nova Scotia
6.86%6.41%6.40%4.03%4.95%3.53%5.10%3.74%3.98%6.61%4.11%2.82%
RY
Royal Bank of Canada
3.84%3.93%4.13%3.28%3.86%3.88%4.29%3.28%3.59%4.54%3.73%3.69%

Drawdowns

BNS vs. RY - Drawdown Comparison

The maximum BNS drawdown since its inception was -63.79%, roughly equal to the maximum RY drawdown of -63.05%. Use the drawdown chart below to compare losses from any high point for BNS and RY. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%2024FebruaryMarchAprilMayJune
-28.72%
-3.56%
BNS
RY

Volatility

BNS vs. RY - Volatility Comparison

The current volatility for The Bank of Nova Scotia (BNS) is 4.71%, while Royal Bank of Canada (RY) has a volatility of 6.74%. This indicates that BNS experiences smaller price fluctuations and is considered to be less risky than RY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%2024FebruaryMarchAprilMayJune
4.71%
6.74%
BNS
RY

Financials

BNS vs. RY - Financials Comparison

This section allows you to compare key financial metrics between The Bank of Nova Scotia and Royal Bank of Canada. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities



Values in USD except per share items