CDUAF vs. CBSH
CDUAF (Canadian Utilities Limited) and CBSH (Commerce Bancshares, Inc.) are both stocks. CDUAF operates in Utilities - Diversified (Utilities), while CBSH operates in Banks - Regional (Financial Services). Over the past 10 years, CDUAF returned 7.88%/yr vs 9.61%/yr for CBSH. Their 0.11 correlation means their historical movements had little consistent relationship.
Performance
CDUAF vs. CBSH - Performance Comparison
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Returns By Period
In the year-to-date period, CDUAF achieves a 31.32% return, which is significantly higher than CBSH's 14.45% return. Over the past 10 years, CDUAF has underperformed CBSH with an annualized return of 7.88%, while CBSH has yielded a comparatively higher 9.61% annualized return.
CDUAF
- 1D
- -0.76%
- 1M
- 7.20%
- 6M
- 26.63%
- YTD
- 31.32%
- 1Y
- 51.07%
- 3Y*
- 24.47%
- 5Y*
- 12.01%
- 10Y*
- 7.88%
- ALL TIME*
- 3.30%
CBSH
- 1D
- -0.29%
- 1M
- 0.90%
- 6M
- 13.80%
- YTD
- 14.45%
- 1Y
- 3.76%
- 3Y*
- 10.69%
- 5Y*
- 3.19%
- 10Y*
- 9.61%
- ALL TIME*
- 12.25%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $71.89M | $72.86M | $69.63M | |
| $3.27M | $2.89M | $1.49M |
CDUAF vs. CBSH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CDUAF Canadian Utilities Limited | 31.32% | 35.10% | 6.34% | -6.25% | -1.87% | 25.16% | -14.69% | 37.49% | -19.67% | 15.55% |
CBSH Commerce Bancshares, Inc. | 14.45% | -10.16% | 24.71% | -15.91% | 5.56% | 11.44% | 3.71% | 28.74% | 7.52% | 3.07% |
Correlation
The correlation between CDUAF and CBSH is -0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.06 |
Correlation (3Y) Balances recent behavior with more history. | 0.11 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.14 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2007 | 0.11 |
The correlation between CDUAF and CBSH shifts across timeframes, from -0.06 (1 year) to 0.14 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CDUAF:
$8.23B
CBSH:
$8.64B
CDUAF:
CA$0.35
CBSH:
$4.17
CDUAF:
158.91
CBSH:
14.22
CDUAF:
4.32
CBSH:
3.83
CDUAF:
3.03
CBSH:
1.96
CDUAF:
CA$3.54B
CBSH:
$2.17B
CDUAF:
CA$1.15B
CBSH:
$1.74B
CDUAF:
CA$1.78B
CBSH:
$831.00M
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Return for Risk
CDUAF vs. CBSH — Risk / Return Rank
CDUAF
CBSH
CDUAF vs. CBSH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Canadian Utilities Limited (CDUAF) and Commerce Bancshares, Inc. (CBSH). 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.
| CDUAF | CBSH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.00 | ||
| Sortino ratioReturn per unit of downside risk | +3.98 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 1.05 | +0.56 |
| Calmar ratioReturn relative to maximum drawdown | 9.60 | 0.19 | +9.40 |
| Martin ratioReturn relative to average drawdown | 23.94 | 0.35 | +23.59 |
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Drawdowns
CDUAF vs. CBSH - Drawdown Comparison
The maximum CDUAF drawdown since its inception was -71.22%, which is greater than CBSH's maximum drawdown of -44.70%. Use the drawdown chart below to compare losses from any high point for CDUAF and CBSH.
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Drawdown Indicators
| CDUAF | CBSH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.22% | -44.70% | -26.52% |
Max Drawdown (1Y)Largest decline over 1 year | -5.35% | -19.51% | +14.16% |
Max Drawdown (3Y)Largest decline over 3 years | -13.56% | -27.63% | +14.07% |
Max Drawdown (5Y)Largest decline over 5 years | -31.94% | -38.02% | +6.08% |
Max Drawdown (10Y)Largest decline over 10 years | -41.92% | -38.23% | -3.69% |
Current DrawdownCurrent decline from peak | -9.04% | -9.20% | +0.16% |
Average DrawdownAverage peak-to-trough decline | -39.68% | -9.24% | -30.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.14% | 10.77% | -8.63% |
Volatility
CDUAF vs. CBSH - Volatility Comparison
Canadian Utilities Limited (CDUAF) has a higher volatility of 5.29% compared to Commerce Bancshares, Inc. (CBSH) at 4.81%. This indicates that CDUAF's price experiences larger fluctuations and is considered to be riskier than CBSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CDUAF | CBSH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.29% | 4.81% | +0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 12.42% | 13.22% | -0.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.46% | 20.66% | -4.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.13% | 24.04% | -4.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.16% | 26.39% | -2.23% |
Dividends
CDUAF vs. CBSH - Dividend Comparison
CDUAF's dividend yield for the trailing twelve months is around 3.34%, more than CBSH's 1.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBSH Commerce Bancshares, Inc. | 1.83% | 2.03% | 1.67% | 1.95% | 1.50% | 1.47% | 2.00% | 1.48% | 1.61% | 1.55% | 2.93% | 2.04% |
CDUAF Canadian Utilities Limited | 3.34% | 4.21% | 5.47% | 6.05% | 5.03% | 4.85% | 5.32% | 4.24% | 4.49% | 4.82% | 4.82% | 5.11% |
Financials
CDUAF vs. CBSH - Financials Comparison
This section allows you to compare key financial metrics between Canadian Utilities Limited and Commerce Bancshares, 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
CDUAF vs. CBSH - Profitability Comparison
CDUAF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Canadian Utilities Limited reported a gross profit of 346.15M and revenue of 914.40M. Therefore, the gross margin over that period was 37.9%.
CBSH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Commerce Bancshares, Inc. reported a gross profit of 398.91M and revenue of 498.91M. Therefore, the gross margin over that period was 80.0%.
CDUAF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Canadian Utilities Limited reported an operating income of 271.12M and revenue of 914.40M, resulting in an operating margin of 29.7%.
CBSH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Commerce Bancshares, Inc. reported an operating income of 205.94M and revenue of 498.91M, resulting in an operating margin of 41.3%.
CDUAF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Canadian Utilities Limited reported a net income of 128.06M and revenue of 914.40M, resulting in a net margin of 14.0%.
CBSH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Commerce Bancshares, Inc. reported a net income of 159.79M and revenue of 498.91M, resulting in a net margin of 32.0%.
Frequently Asked Questions
CDUAF and CBSH have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CDUAF has higher volatility (5.29%) compared to CBSH (4.81%). In terms of maximum drawdown, CDUAF dropped -71.22% vs CBSH's -44.70%.
CDUAF currently has the higher Sharpe Ratio (3.18 vs 0.18), 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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