BNY vs. TRV
BNY (The Bank of New York Mellon Corporation) and TRV (The Travelers Companies, Inc.) are both stocks. Both are in the Financial Services sector — BNY in Banks - Diversified, TRV in Insurance - Property & Casualty. Over the past 10 years, BNY returned 17.88%/yr vs 15.11%/yr for TRV. At a 0.48 correlation, their price movements are largely independent.
Performance
BNY vs. TRV - Performance Comparison
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Returns By Period
In the year-to-date period, BNY achieves a 38.04% return, which is significantly higher than TRV's 34.56% return. Over the past 10 years, BNY has outperformed TRV with an annualized return of 17.88%, while TRV has yielded a comparatively lower 15.11% annualized return.
BNY
- 1D
- -0.75%
- 1M
- 10.69%
- 6M
- 35.65%
- YTD
- 38.04%
- 1Y
- 61.94%
- 3Y*
- 56.54%
- 5Y*
- 29.58%
- 10Y*
- 17.88%
- ALL TIME*
- 11.67%
TRV
- 1D
- 2.89%
- 1M
- 20.74%
- 6M
- 40.54%
- YTD
- 34.56%
- 1Y
- 50.17%
- 3Y*
- 33.40%
- 5Y*
- 23.61%
- 10Y*
- 15.11%
- ALL TIME*
- 11.98%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $738.03M | $690.18M | $569.76M | |
| $860.04M | $698.10M | $576.77M |
BNY vs. TRV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BNY The Bank of New York Mellon Corporation | 38.04% | 54.45% | 51.90% | 18.52% | -19.14% | 40.55% | -12.91% | 9.56% | -10.85% | 15.68% |
TRV The Travelers Companies, Inc. | 34.56% | 22.38% | 28.76% | 3.93% | 22.42% | 13.96% | 5.31% | 17.00% | -9.64% | 13.36% |
Correlation
The correlation between BNY and TRV is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Apr 22, 1996 | 0.48 |
Over the past year, the correlation between BNY and TRV has dropped to 0.05 - well below their long-term average of 0.48, suggesting their price drivers have been diverging.
Fundamentals
BNY:
$109.07B
TRV:
$80.77B
BNY:
$8.98
TRV:
$37.59
BNY:
17.70
TRV:
10.30
BNY:
0.87
TRV:
0.48
BNY:
3.10
TRV:
1.75
BNY:
$35.99B
TRV:
$48.98B
BNY:
$21.25B
TRV:
$17.01B
BNY:
$9.39B
TRV:
$11.31B
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Return for Risk
BNY vs. TRV — Risk / Return Rank
BNY
TRV
BNY vs. TRV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Bank of New York Mellon Corporation (BNY) and The Travelers Companies, Inc. (TRV). 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 | TRV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.45 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 6.13 | 6.07 | +0.07 |
| Martin ratioReturn relative to average drawdown | 17.21 | 15.56 | +1.65 |
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Drawdowns
BNY vs. TRV - Drawdown Comparison
The maximum BNY drawdown since its inception was -72.28%, which is greater than TRV's maximum drawdown of -55.11%. Use the drawdown chart below to compare losses from any high point for BNY and TRV.
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Drawdown Indicators
| BNY | TRV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.28% | -55.11% | -17.17% |
Max Drawdown (1Y)Largest decline over 1 year | -10.15% | -8.31% | -1.84% |
Max Drawdown (3Y)Largest decline over 3 years | -17.58% | -12.47% | -5.11% |
Max Drawdown (5Y)Largest decline over 5 years | -40.45% | -18.90% | -21.55% |
Max Drawdown (10Y)Largest decline over 10 years | -50.49% | -46.28% | -4.21% |
Current DrawdownCurrent decline from peak | -2.12% | 0.00% | -2.12% |
Average DrawdownAverage peak-to-trough decline | -18.67% | -11.07% | -7.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.61% | 3.24% | +0.37% |
Volatility
BNY vs. TRV - Volatility Comparison
The current volatility for The Bank of New York Mellon Corporation (BNY) is 7.44%, while The Travelers Companies, Inc. (TRV) has a volatility of 10.69%. This indicates that BNY experiences smaller price fluctuations and is considered to be less risky than TRV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BNY | TRV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.44% | 10.69% | -3.25% |
Volatility (6M)Calculated over the trailing 6-month period | 17.12% | 15.94% | +1.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.07% | 20.48% | +0.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.49% | 22.18% | +2.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.88% | 24.61% | +2.27% |
Dividends
BNY vs. TRV - Dividend Comparison
BNY's dividend yield for the trailing twelve months is around 1.33%, more than TRV's 1.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BNY The Bank of New York Mellon Corporation | 1.33% | 1.72% | 2.32% | 3.04% | 3.12% | 2.24% | 2.92% | 2.34% | 2.21% | 1.60% | 1.52% | 1.65% |
TRV The Travelers Companies, Inc. | 1.17% | 1.50% | 1.72% | 2.06% | 1.96% | 2.23% | 2.40% | 2.36% | 2.53% | 2.09% | 2.14% | 2.11% |
Financials
BNY vs. TRV - Financials Comparison
This section allows you to compare key financial metrics between The Bank of New York Mellon Corporation and The Travelers Companies, 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. TRV - Profitability Comparison
BNY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, The Bank of New York Mellon Corporation reported a gross profit of 5.70B and revenue of 5.70B. Therefore, the gross margin over that period was 100.0%.
TRV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, The Travelers Companies, Inc. reported a gross profit of 4.45B and revenue of 12.15B. Therefore, the gross margin over that period was 36.6%.
BNY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, The Bank of New York Mellon Corporation reported an operating income of 2.27B and revenue of 5.70B, resulting in an operating margin of 39.8%.
TRV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, The Travelers Companies, Inc. reported an operating income of 2.88B and revenue of 12.15B, resulting in an operating margin of 23.7%.
BNY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, The Bank of New York Mellon Corporation reported a net income of 1.76B and revenue of 5.70B, resulting in a net margin of 30.9%.
TRV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, The Travelers Companies, Inc. reported a net income of 2.21B and revenue of 12.15B, resulting in a net margin of 18.2%.
Frequently Asked Questions
BNY and TRV have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TRV has higher volatility (10.69%) compared to BNY (7.44%). In terms of maximum drawdown, BNY dropped -72.28% vs TRV's -55.11%.
BNY currently has the higher Sharpe Ratio (2.96 vs 2.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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