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.
Key characteristics
BNS | TD | |
---|---|---|
YTD Return | -0.07% | -12.27% |
1Y Return | 0.02% | -5.62% |
3Y Return (Ann) | -5.11% | -3.94% |
5Y Return (Ann) | 3.13% | 4.40% |
10Y Return (Ann) | 2.36% | 5.61% |
Sharpe Ratio | 0.03 | -0.34 |
Daily Std Dev | 19.62% | 19.59% |
Max Drawdown | -63.79% | -64.16% |
Current Drawdown | -27.49% | -27.99% |
Fundamentals
BNS | TD | |
---|---|---|
Market Cap | $57.34B | $105.12B |
EPS | $4.45 | $4.62 |
PE Ratio | 10.53 | 12.85 |
PEG Ratio | 1.40 | 1.09 |
Revenue (TTM) | $29.40B | $50.40B |
Gross Profit (TTM) | $29.25B | $49.20B |
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.
Performance
BNS vs. TD - Performance Comparison
In the year-to-date period, BNS achieves a -0.07% return, which is significantly higher than TD's -12.27% return. Over the past 10 years, BNS has underperformed TD with an annualized return of 2.36%, while TD has yielded a comparatively higher 5.61% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 6.74%, more than TD's 5.30% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
The Bank of Nova Scotia | 6.74% | 6.41% | 6.40% | 4.03% | 4.95% | 3.53% | 5.10% | 3.74% | 3.98% | 6.61% | 4.11% | 2.82% |
The Toronto-Dominion Bank | 5.30% | 4.40% | 4.23% | 3.27% | 4.09% | 3.89% | 4.10% | 3.08% | 3.29% | 4.07% | 3.54% | 3.36% |
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 current volatility for The Bank of Nova Scotia (BNS) is 5.24%, while The Toronto-Dominion Bank (TD) has a volatility of 7.58%. This indicates that BNS experiences smaller price fluctuations and is considered to be less risky 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