CM.TO vs. ARTG.V
CM.TO (Canadian Imperial Bank of Commerce) and ARTG.V (Artemis Gold Inc) are both stocks. CM.TO operates in Banks - Diversified (Financial Services), while ARTG.V operates in Other Precious Metals & Mining (Basic Materials). Over the past 5 years, CM.TO returned 22.94%/yr vs 36.27%/yr for ARTG.V. At a 0.14 correlation, their price movements are largely independent.
Performance
CM.TO vs. ARTG.V - Performance Comparison
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Returns By Period
In the year-to-date period, CM.TO achieves a 23.94% return, which is significantly higher than ARTG.V's -16.76% return.
CM.TO
- 1D
- 0.71%
- 1M
- 1.58%
- YTD
- 23.94%
- 6M
- 24.38%
- 1Y
- 68.16%
- 3Y*
- 45.63%
- 5Y*
- 22.94%
- 10Y*
- 20.73%
ARTG.V
- 1D
- 0.43%
- 1M
- -10.62%
- YTD
- -16.76%
- 6M
- -13.97%
- 1Y
- 14.34%
- 3Y*
- 85.30%
- 5Y*
- 36.27%
- 10Y*
- —
CM.TO vs. ARTG.V - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
CM.TO Canadian Imperial Bank of Commerce | 23.94% | 42.31% | 49.56% | 23.83% | -20.89% | 47.75% | 13.88% | 2.02% |
ARTG.V Artemis Gold Inc | -16.76% | 166.84% | 117.56% | 43.96% | -36.38% | 7.81% | 392.31% | 18.18% |
Correlation
The correlation between CM.TO and ARTG.V is 0.10, 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 | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Oct 2, 2019 | 0.14 |
Fundamentals
CM.TO:
CA$141.37B
ARTG.V:
CA$7.32B
CM.TO:
CA$10.53
ARTG.V:
CA$1.93
CM.TO:
14.52
ARTG.V:
15.85
CM.TO:
1.79
ARTG.V:
0.01
CM.TO:
2.68
ARTG.V:
6.12
CM.TO:
2.42
ARTG.V:
6.47
CM.TO:
CA$53.25B
ARTG.V:
CA$1.19B
CM.TO:
CA$28.73B
ARTG.V:
CA$857.14M
CM.TO:
CA$13.01B
ARTG.V:
CA$857.89M
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Return for Risk
CM.TO vs. ARTG.V — Risk / Return Rank
CM.TO
ARTG.V
CM.TO vs. ARTG.V - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Canadian Imperial Bank of Commerce (CM.TO) and Artemis Gold Inc (ARTG.V). 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.
| CM.TO | ARTG.V | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.61 | ||
| Sortino ratioReturn per unit of downside risk | +4.06 | ||
| Omega ratioGain probability vs. loss probability | 1.68 | 1.09 | +0.59 |
| Calmar ratioReturn relative to maximum drawdown | 7.52 | 0.42 | +7.11 |
| Martin ratioReturn relative to average drawdown | 27.92 | 1.05 | +26.86 |
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
| CM.TO | ARTG.V | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.92 | 0.30 | +3.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.27 | 0.71 | +0.55 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.05 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 1.13 | -0.39 |
Drawdowns
CM.TO vs. ARTG.V - Drawdown Comparison
The maximum CM.TO drawdown since its inception was -58.49%, which is greater than ARTG.V's maximum drawdown of -54.31%. Use the drawdown chart below to compare losses from any high point for CM.TO and ARTG.V.
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Drawdown Indicators
| CM.TO | ARTG.V | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.49% | -54.31% | -4.18% |
Max Drawdown (1Y)Largest decline over 1 year | -9.11% | -34.59% | +25.48% |
Max Drawdown (3Y)Largest decline over 3 years | -16.57% | -34.59% | +18.02% |
Max Drawdown (5Y)Largest decline over 5 years | -35.43% | -54.31% | +18.88% |
Max Drawdown (10Y)Largest decline over 10 years | -40.02% | — | — |
Current DrawdownCurrent decline from peak | -4.86% | -34.31% | +29.45% |
Average DrawdownAverage peak-to-trough decline | -9.29% | -17.34% | +8.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.45% | 13.64% | -11.19% |
Volatility
CM.TO vs. ARTG.V - Volatility Comparison
The current volatility for Canadian Imperial Bank of Commerce (CM.TO) is 7.78%, while Artemis Gold Inc (ARTG.V) has a volatility of 13.91%. This indicates that CM.TO experiences smaller price fluctuations and is considered to be less risky than ARTG.V based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CM.TO | ARTG.V | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.78% | 13.91% | -6.13% |
Volatility (6M)Calculated over the trailing 6-month period | 14.82% | 36.91% | -22.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.53% | 47.84% | -30.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.21% | 51.19% | -32.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.92% | 59.50% | -39.58% |
Dividends
CM.TO vs. ARTG.V - Dividend Comparison
CM.TO's dividend yield for the trailing twelve months is around 2.67%, while ARTG.V has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARTG.V Artemis Gold 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
CM.TO vs. ARTG.V - Financials Comparison
This section allows you to compare key financial metrics between Canadian Imperial Bank of Commerce and Artemis Gold 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
CM.TO vs. ARTG.V - Profitability Comparison
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%.
ARTG.V - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Artemis Gold Inc reported a gross profit of 219.36M and revenue of 315.38M. Therefore, the gross margin over that period was 69.6%.
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%.
ARTG.V - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Artemis Gold Inc reported an operating income of 213.14M and revenue of 315.38M, resulting in an operating margin of 67.6%.
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%.
ARTG.V - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Artemis Gold Inc reported a net income of 114.20M and revenue of 315.38M, resulting in a net margin of 36.2%.
Frequently Asked Questions
CM.TO and ARTG.V have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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