BNY vs. CLS.TO
BNY (The Bank of New York Mellon Corporation) and CLS.TO (Celestica Inc.) are both stocks. BNY operates in Banks - Diversified (Financial Services), while CLS.TO operates in Electronic Components (Technology). Over the past 10 years, BNY returned 16.57%/yr vs 43.71%/yr for CLS.TO. At a 0.32 correlation, their price movements are largely independent.
Performance
BNY vs. CLS.TO - Performance Comparison
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Different Trading Currencies
BNY is traded in USD, while CLS.TO is traded in CAD. To make them comparable, the CLS.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, BNY achieves a 25.07% return, which is significantly lower than CLS.TO's 32.76% return. Over the past 10 years, BNY has underperformed CLS.TO with an annualized return of 16.57%, while CLS.TO has yielded a comparatively higher 43.71% annualized return.
BNY
- 1D
- 1.33%
- 1M
- 6.66%
- YTD
- 25.07%
- 6M
- 24.06%
- 1Y
- 63.51%
- 3Y*
- 52.23%
- 5Y*
- 26.82%
- 10Y*
- 16.57%
CLS.TO
- 1D
- 1.99%
- 1M
- 5.68%
- YTD
- 32.76%
- 6M
- 28.56%
- 1Y
- 202.30%
- 3Y*
- 207.61%
- 5Y*
- 116.14%
- 10Y*
- 43.71%
BNY vs. CLS.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BNY The Bank of New York Mellon Corporation | 25.07% | 54.45% | 51.90% | 18.52% | -19.14% | 40.55% | -12.91% | 9.56% | -10.85% | 15.68% |
CLS.TO Celestica Inc. | 32.69% | 220.69% | 215.14% | 160.52% | 1.78% | 37.36% | -2.32% | -6.08% | -16.29% | -11.14% |
Correlation
The correlation between BNY and CLS.TO is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.32 |
Fundamentals
BNY:
$100.52B
CLS.TO:
CA$63.66B
BNY:
$8.43
CLS.TO:
$8.28
BNY:
17.07
CLS.TO:
47.51
BNY:
0.84
CLS.TO:
0.64
BNY:
2.50
CLS.TO:
3.30
BNY:
2.55
CLS.TO:
21.70
BNY:
$40.65B
CLS.TO:
$13.81B
BNY:
$20.54B
CLS.TO:
$1.60B
BNY:
$8.96B
CLS.TO:
$1.36B
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Return for Risk
BNY vs. CLS.TO — Risk / Return Rank
BNY
CLS.TO
BNY vs. CLS.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Bank of New York Mellon Corporation (BNY) and Celestica Inc. (CLS.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.
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.
| BNY | CLS.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.35 | ||
| Sortino ratioReturn per unit of downside risk | +1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.38 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 6.29 | 6.89 | -0.60 |
| Martin ratioReturn relative to average drawdown | 17.79 | 17.06 | +0.73 |
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Drawdowns
BNY vs. CLS.TO - Drawdown Comparison
The maximum BNY drawdown since its inception was -72.28%, smaller than the maximum CLS.TO drawdown of -80.63%. Use the drawdown chart below to compare losses from any high point for BNY and CLS.TO.
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Drawdown Indicators
| BNY | CLS.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.28% | -80.63% | +8.35% |
Max Drawdown (1Y)Largest decline over 1 year | -10.15% | -29.56% | +19.41% |
Max Drawdown (3Y)Largest decline over 3 years | -17.58% | -53.42% | +35.84% |
Max Drawdown (5Y)Largest decline over 5 years | -40.45% | -53.42% | +12.97% |
Max Drawdown (10Y)Largest decline over 10 years | -50.49% | -80.63% | +30.14% |
Current DrawdownCurrent decline from peak | -0.03% | -16.56% | +16.53% |
Average DrawdownAverage peak-to-trough decline | -18.71% | -26.16% | +7.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.58% | 11.91% | -8.33% |
Volatility
BNY vs. CLS.TO - Volatility Comparison
The current volatility for The Bank of New York Mellon Corporation (BNY) is 5.74%, while Celestica Inc. (CLS.TO) has a volatility of 28.03%. This indicates that BNY experiences smaller price fluctuations and is considered to be less risky than CLS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BNY | CLS.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.74% | 28.03% | -22.29% |
Volatility (6M)Calculated over the trailing 6-month period | 16.13% | 55.40% | -39.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.11% | 72.00% | -51.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.61% | 56.84% | -32.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.06% | 49.39% | -22.33% |
Dividends
BNY vs. CLS.TO - Dividend Comparison
BNY's dividend yield for the trailing twelve months is around 1.47%, while CLS.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BNY The Bank of New York Mellon Corporation | 1.47% | 1.72% | 2.32% | 3.04% | 3.12% | 2.24% | 2.92% | 2.34% | 2.21% | 1.60% | 1.52% | 1.65% |
CLS.TO Celestica Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
BNY vs. CLS.TO - Financials Comparison
This section allows you to compare key financial metrics between The Bank of New York Mellon Corporation and Celestica Inc.. 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
BNY vs. CLS.TO - Profitability Comparison
BNY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Bank of New York Mellon Corporation reported a gross profit of 5.42B and revenue of 9.86B. Therefore, the gross margin over that period was 54.9%.
CLS.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Celestica Inc. reported a gross profit of 437.20M and revenue of 4.05B. Therefore, the gross margin over that period was 10.8%.
BNY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Bank of New York Mellon Corporation reported an operating income of 2.02B and revenue of 9.86B, resulting in an operating margin of 20.4%.
CLS.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Celestica Inc. reported an operating income of 267.70M and revenue of 4.05B, resulting in an operating margin of 6.6%.
BNY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Bank of New York Mellon Corporation reported a net income of 1.63B and revenue of 9.86B, resulting in a net margin of 16.6%.
CLS.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Celestica Inc. reported a net income of 212.30M and revenue of 4.05B, resulting in a net margin of 5.3%.
Frequently Asked Questions
BNY and CLS.TO have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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