BNS vs. TD
Compare and contrast key facts about The Bank of Nova Scotia (BNS) and The Toronto-Dominion Bank (TD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BNS or TD.
Performance
BNS vs. TD - Performance Comparison
Returns By Period
In the year-to-date period, BNS achieves a 23.24% return, which is significantly higher than TD's -9.01% return. Over the past 10 years, BNS has underperformed TD with an annualized return of 4.15%, while TD has yielded a comparatively higher 5.23% annualized return.
BNS
23.24%
6.43%
22.05%
36.13%
5.77%
4.15%
TD
-9.01%
-1.29%
2.27%
-4.38%
3.84%
5.23%
Fundamentals
| BNS | TD | |
|---|---|---|
| Market Cap | $69.45B | $97.78B |
| EPS | $4.07 | $3.09 |
| PE Ratio | 13.79 | 18.10 |
| PEG Ratio | 1.51 | 1.22 |
| Total Revenue (TTM) | $44.70B | $72.61B |
| Gross Profit (TTM) | $45.84B | $88.92B |
| EBITDA (TTM) | $3.64B | $2.01B |
Key characteristics
| BNS | TD | |
|---|---|---|
| Sharpe Ratio | 1.97 | -0.28 |
| Sortino Ratio | 2.67 | -0.25 |
| Omega Ratio | 1.34 | 0.97 |
| Calmar Ratio | 0.95 | -0.17 |
| Martin Ratio | 6.86 | -0.61 |
| Ulcer Index | 5.11% | 8.43% |
| Daily Std Dev | 17.77% | 18.50% |
| Max Drawdown | -63.79% | -64.16% |
| Current Drawdown | -10.59% | -25.31% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between BNS and TD 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.
Risk-Adjusted Performance
BNS vs. TD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Bank of Nova Scotia (BNS) 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
BNS vs. TD - Dividend Comparison
BNS's dividend yield for the trailing twelve months is around 5.58%, more than TD's 5.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BNS The Bank of Nova Scotia | 5.58% | 6.40% | 6.40% | 4.02% | 4.94% | 3.54% | 5.10% | 3.75% | 3.98% | 6.63% | 4.11% | 2.82% |
TD The Toronto-Dominion Bank | 5.38% | 4.40% | 4.24% | 3.27% | 4.10% | 3.89% | 4.09% | 3.08% | 3.29% | 4.07% | 3.54% | 3.35% |
Drawdowns
BNS vs. TD - Drawdown Comparison
The maximum BNS drawdown since its inception was -63.79%, roughly equal to the maximum TD drawdown of -64.16%. Use the drawdown chart below to compare losses from any high point for BNS and TD. For additional features, visit the drawdowns tool.
Volatility
BNS vs. TD - Volatility Comparison
The Bank of Nova Scotia (BNS) has a higher volatility of 4.51% compared to The Toronto-Dominion Bank (TD) at 3.83%. This indicates that BNS'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.
Financials
BNS vs. TD - 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