CLS vs. CM.TO
CLS (Celestica Inc.) and CM.TO (Canadian Imperial Bank of Commerce) are both stocks. CLS operates in Electronic Components (Technology), while CM.TO operates in Banks - Diversified (Financial Services). Over the past 10 years, CLS returned 43.16%/yr vs 19.63%/yr for CM.TO. At a 0.33 correlation, their price movements are largely independent.
Performance
CLS vs. CM.TO - Performance Comparison
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Different Trading Currencies
CLS 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
In the year-to-date period, CLS achieves a 30.75% return, which is significantly higher than CM.TO's 21.72% return. Over the past 10 years, CLS has outperformed CM.TO with an annualized return of 43.16%, while CM.TO has yielded a comparatively lower 19.63% annualized return.
CLS
- 1D
- 3.98%
- 1M
- 2.92%
- YTD
- 30.75%
- 6M
- 13.42%
- 1Y
- 220.14%
- 3Y*
- 209.55%
- 5Y*
- 114.81%
- 10Y*
- 43.16%
CM.TO
- 1D
- 0.43%
- 1M
- -0.49%
- YTD
- 21.72%
- 6M
- 23.40%
- 1Y
- 64.82%
- 3Y*
- 43.58%
- 5Y*
- 19.52%
- 10Y*
- 19.63%
CLS vs. CM.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CLS Celestica Inc. | 30.75% | 220.27% | 215.23% | 159.80% | 1.26% | 37.92% | -2.42% | -5.70% | -16.32% | -11.56% |
CM.TO Canadian Imperial Bank of Commerce | 21.72% | 49.12% | 37.89% | 26.85% | -25.60% | 47.82% | 16.65% | 23.27% | -15.72% | 31.40% |
Correlation
The correlation between CLS and CM.TO is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2006 | 0.33 |
Fundamentals
CLS:
$44.72B
CM.TO:
CA$141.37B
CLS:
$8.28
CM.TO:
CA$10.53
CLS:
46.65
CM.TO:
14.52
CLS:
0.63
CM.TO:
1.79
CLS:
3.24
CM.TO:
2.68
CLS:
21.31
CM.TO:
2.42
CLS:
$13.81B
CM.TO:
CA$53.25B
CLS:
$1.60B
CM.TO:
CA$28.73B
CLS:
$1.32B
CM.TO:
CA$13.01B
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Return for Risk
CLS vs. CM.TO — Risk / Return Rank
CLS
CM.TO
CLS vs. CM.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Celestica Inc. (CLS) 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.
| CLS | CM.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.59 | ||
| Sortino ratioReturn per unit of downside risk | -1.48 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.63 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 7.58 | 6.16 | +1.42 |
| Martin ratioReturn relative to average drawdown | 18.88 | 24.45 | -5.57 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CLS | CM.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.06 | 3.66 | -0.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 2.01 | 1.01 | +1.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.87 | 0.93 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.60 | -0.33 |
Drawdowns
CLS vs. CM.TO - Drawdown Comparison
The maximum CLS drawdown since its inception was -96.93%, which is greater than CM.TO's maximum drawdown of -69.60%. Use the drawdown chart below to compare losses from any high point for CLS and CM.TO.
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Drawdown Indicators
| CLS | CM.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.93% | -69.60% | -27.33% |
Max Drawdown (1Y)Largest decline over 1 year | -29.24% | -10.57% | -18.67% |
Max Drawdown (3Y)Largest decline over 3 years | -53.96% | -19.54% | -34.42% |
Max Drawdown (5Y)Largest decline over 5 years | -53.96% | -41.24% | -12.72% |
Max Drawdown (10Y)Largest decline over 10 years | -80.60% | -44.98% | -35.62% |
Current DrawdownCurrent decline from peak | -18.18% | -5.83% | -12.35% |
Average DrawdownAverage peak-to-trough decline | -73.36% | -12.48% | -60.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.72% | 2.66% | +9.06% |
Volatility
CLS vs. CM.TO - Volatility Comparison
Celestica Inc. (CLS) has a higher volatility of 26.60% compared to Canadian Imperial Bank of Commerce (CM.TO) at 7.79%. This indicates that CLS's price experiences larger fluctuations and is considered to be riskier 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
| CLS | CM.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.60% | 7.79% | +18.81% |
Volatility (6M)Calculated over the trailing 6-month period | 55.08% | 14.98% | +40.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 72.52% | 17.85% | +54.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.62% | 19.46% | +38.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.93% | 21.23% | +28.70% |
Dividends
CLS vs. CM.TO - Dividend Comparison
CLS has not paid dividends to shareholders, while CM.TO's dividend yield for the trailing twelve months is around 2.67%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLS 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% |
CM.TO Canadian Imperial Bank of Commerce | 2.67% | 3.20% | 4.04% | 5.47% | 7.52% | 8.13% | 10.74% | 10.51% | 10.58% | 8.39% | 8.84% | 9.69% |
Financials
CLS vs. CM.TO - Financials Comparison
This section allows you to compare key financial metrics between Celestica Inc. 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
CLS vs. CM.TO - Profitability Comparison
CLS - 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%.
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%.
CLS - 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 272.10M and revenue of 4.05B, resulting in an operating margin of 6.7%.
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%.
CLS - 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%.
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
CLS and CM.TO have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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