CM.TO vs. COR
CM.TO (Canadian Imperial Bank of Commerce) and COR (Cencora Inc.) are both stocks. CM.TO operates in Banks - Diversified (Financial Services), while COR operates in Medical Distribution (Healthcare). Over the past 10 years, CM.TO returned 20.73%/yr vs 18.08%/yr for COR. At a 0.18 correlation, their price movements are largely independent.
Performance
CM.TO vs. COR - Performance Comparison
Loading charts...
Different Trading Currencies
CM.TO is traded in CAD, while COR is traded in USD. To make them comparable, the COR values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CM.TO achieves a 23.94% return, which is significantly higher than COR's -17.04% return. Over the past 10 years, CM.TO has outperformed COR with an annualized return of 20.73%, while COR has yielded a comparatively lower 18.08% annualized 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%
COR
- 1D
- -0.07%
- 1M
- 7.41%
- YTD
- -17.04%
- 6M
- -17.90%
- 1Y
- -2.48%
- 3Y*
- 18.09%
- 5Y*
- 23.94%
- 10Y*
- 18.08%
CM.TO vs. COR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CM.TO Canadian Imperial Bank of Commerce | 23.94% | 42.31% | 49.56% | 23.83% | -20.89% | 47.75% | 13.88% | 18.19% | -8.64% | 22.50% |
COR Cencora Inc. | -17.04% | 44.57% | 19.71% | 22.35% | 34.26% | 44.02% | 20.44% | 18.42% | -10.64% | 11.42% |
Correlation
The correlation between CM.TO and COR is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2006 | 0.18 |
The correlation between CM.TO and COR shifts across timeframes, from 0.01 (3 years) to 0.18 (all time), reflecting how their relationship changes across market environments.
Fundamentals
CM.TO:
CA$141.37B
COR:
$53.55B
CM.TO:
CA$10.53
COR:
$13.07
CM.TO:
14.52
COR:
20.97
CM.TO:
1.79
COR:
9.96
CM.TO:
2.68
COR:
0.16
CM.TO:
2.42
COR:
15.76
CM.TO:
CA$53.25B
COR:
$328.68B
CM.TO:
CA$28.73B
COR:
$11.66B
CM.TO:
CA$13.01B
COR:
$3.64B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CM.TO vs. COR — Risk / Return Rank
CM.TO
COR
CM.TO vs. COR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Canadian Imperial Bank of Commerce (CM.TO) and Cencora Inc. (COR). 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 | COR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.00 | ||
| Sortino ratioReturn per unit of downside risk | +4.69 | ||
| Omega ratioGain probability vs. loss probability | 1.68 | 1.02 | +0.66 |
| Calmar ratioReturn relative to maximum drawdown | 7.52 | -0.07 | +7.60 |
| Martin ratioReturn relative to average drawdown | 27.92 | -0.20 | +28.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CM.TO | COR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.92 | -0.08 | +4.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.27 | 1.03 | +0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.05 | 0.65 | +0.40 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 0.63 | +0.10 |
Drawdowns
CM.TO vs. COR - Drawdown Comparison
The maximum CM.TO drawdown since its inception was -58.49%, which is greater than COR's maximum drawdown of -44.01%. Use the drawdown chart below to compare losses from any high point for CM.TO and COR.
Loading charts...
Drawdown Indicators
| CM.TO | COR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.49% | -44.01% | -14.48% |
Max Drawdown (1Y)Largest decline over 1 year | -9.11% | -34.86% | +25.75% |
Max Drawdown (3Y)Largest decline over 3 years | -16.57% | -34.86% | +18.29% |
Max Drawdown (5Y)Largest decline over 5 years | -35.43% | -34.86% | -0.57% |
Max Drawdown (10Y)Largest decline over 10 years | -40.02% | -34.86% | -5.16% |
Current DrawdownCurrent decline from peak | -4.86% | -27.43% | +22.57% |
Average DrawdownAverage peak-to-trough decline | -9.29% | -11.10% | +1.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.45% | 12.48% | -10.03% |
Volatility
CM.TO vs. COR - Volatility Comparison
Canadian Imperial Bank of Commerce (CM.TO) has a higher volatility of 7.78% compared to Cencora Inc. (COR) at 7.14%. This indicates that CM.TO's price experiences larger fluctuations and is considered to be riskier than COR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CM.TO | COR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.78% | 7.14% | +0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 14.82% | 27.34% | -12.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.53% | 30.89% | -13.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.21% | 23.27% | -5.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.92% | 27.98% | -8.06% |
Dividends
CM.TO vs. COR - Dividend Comparison
CM.TO's dividend yield for the trailing twelve months is around 2.67%, more than COR's 0.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
COR Cencora Inc. | 0.86% | 0.67% | 0.93% | 0.96% | 1.13% | 5.13% | 6.74% | 7.48% | 2.07% | 1.61% | 1.77% | 1.17% |
Financials
CM.TO vs. COR - Financials Comparison
This section allows you to compare key financial metrics between Canadian Imperial Bank of Commerce and Cencora 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. COR - 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%.
COR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cencora Inc. reported a gross profit of 3.59B and revenue of 78.36B. Therefore, the gross margin over that period was 4.6%.
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%.
COR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cencora Inc. reported an operating income of 1.14B and revenue of 78.36B, resulting in an operating margin of 1.5%.
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%.
COR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cencora Inc. reported a net income of 1.64B and revenue of 78.36B, resulting in a net margin of 2.1%.
Frequently Asked Questions
CM.TO and COR have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for CM.TO and COR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer