BNY vs. CM.TO
BNY (The Bank of New York Mellon Corporation) and CM.TO (Canadian Imperial Bank of Commerce) are both stocks. Both operate in the Banks - Diversified industry within the Financial Services sector. Over the past 10 years, BNY returned 16.57%/yr vs 20.30%/yr for CM.TO. At a 0.42 correlation, their price movements are largely independent.
Performance
BNY vs. CM.TO - Performance Comparison
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Different Trading Currencies
BNY is traded in USD, while CM.TO is traded in CAD. To make them comparable, the CM.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with BNY having a 25.07% return and CM.TO slightly higher at 25.91%. Over the past 10 years, BNY has underperformed CM.TO with an annualized return of 16.57%, while CM.TO has yielded a comparatively higher 20.30% 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%
CM.TO
- 1D
- 1.41%
- 1M
- 3.02%
- YTD
- 25.91%
- 6M
- 24.33%
- 1Y
- 72.89%
- 3Y*
- 45.03%
- 5Y*
- 20.30%
- 10Y*
- 20.30%
BNY vs. CM.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% |
CM.TO Canadian Imperial Bank of Commerce | 25.91% | 49.12% | 37.89% | 26.85% | -25.60% | 47.82% | 16.65% | 23.27% | -15.72% | 31.40% |
Correlation
The correlation between BNY and CM.TO is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2006 | 0.42 |
The correlation between BNY and CM.TO shifts across timeframes, from 0.39 (1 year) to 0.50 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
BNY:
$100.52B
CM.TO:
CA$146.70B
BNY:
$8.43
CM.TO:
CA$10.53
BNY:
17.07
CM.TO:
15.07
BNY:
0.84
CM.TO:
1.85
BNY:
2.50
CM.TO:
2.78
BNY:
2.55
CM.TO:
2.51
BNY:
$40.65B
CM.TO:
CA$53.25B
BNY:
$20.54B
CM.TO:
CA$28.73B
BNY:
$8.96B
CM.TO:
CA$13.01B
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Return for Risk
BNY vs. CM.TO — Risk / Return Rank
BNY
CM.TO
BNY vs. CM.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 Canadian Imperial Bank of Commerce (CM.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 | CM.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.92 | ||
| Sortino ratioReturn per unit of downside risk | -0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.70 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 6.29 | 6.93 | -0.64 |
| Martin ratioReturn relative to average drawdown | 17.79 | 26.96 | -9.16 |
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Drawdowns
BNY vs. CM.TO - Drawdown Comparison
The maximum BNY drawdown since its inception was -72.28%, roughly equal to the maximum CM.TO drawdown of -69.60%. Use the drawdown chart below to compare losses from any high point for BNY and CM.TO.
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Drawdown Indicators
| BNY | CM.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.28% | -69.60% | -2.68% |
Max Drawdown (1Y)Largest decline over 1 year | -10.15% | -10.57% | +0.42% |
Max Drawdown (3Y)Largest decline over 3 years | -17.58% | -19.54% | +1.96% |
Max Drawdown (5Y)Largest decline over 5 years | -40.45% | -41.24% | +0.79% |
Max Drawdown (10Y)Largest decline over 10 years | -50.49% | -44.98% | -5.51% |
Current DrawdownCurrent decline from peak | -0.03% | -2.58% | +2.55% |
Average DrawdownAverage peak-to-trough decline | -18.71% | -12.48% | -6.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.58% | 2.71% | +0.87% |
Volatility
BNY vs. CM.TO - Volatility Comparison
The current volatility for The Bank of New York Mellon Corporation (BNY) is 5.74%, while Canadian Imperial Bank of Commerce (CM.TO) has a volatility of 7.91%. This indicates that BNY experiences smaller price fluctuations and is considered to be less risky than CM.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 | CM.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.74% | 7.91% | -2.17% |
Volatility (6M)Calculated over the trailing 6-month period | 16.13% | 15.10% | +1.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.11% | 17.89% | +2.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.61% | 19.47% | +5.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.06% | 21.22% | +5.84% |
Dividends
BNY vs. CM.TO - Dividend Comparison
BNY's dividend yield for the trailing twelve months is around 1.47%, less than CM.TO's 2.57% yield.
| 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% |
CM.TO Canadian Imperial Bank of Commerce | 2.57% | 3.20% | 4.04% | 5.47% | 7.52% | 8.13% | 10.74% | 10.51% | 10.58% | 8.39% | 8.84% | 9.69% |
Financials
BNY vs. CM.TO - Financials Comparison
This section allows you to compare key financial metrics between The Bank of New York Mellon Corporation and Canadian Imperial Bank of Commerce. 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. CM.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%.
CM.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Canadian Imperial Bank of Commerce reported a gross profit of 7.36B and revenue of 15.23B. Therefore, the gross margin over that period was 48.4%.
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%.
CM.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Canadian Imperial Bank of Commerce reported an operating income of 3.20B and revenue of 15.23B, resulting in an operating margin of 21.0%.
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%.
CM.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Canadian Imperial Bank of Commerce reported a net income of 2.46B and revenue of 15.23B, resulting in a net margin of 16.1%.
Frequently Asked Questions
BNY and CM.TO have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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