CM vs. TD
Compare and contrast key facts about Canadian Imperial Bank of Commerce (CM) and The Toronto-Dominion Bank (TD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CM or TD.
Key characteristics
| CM | TD | |
|---|---|---|
| YTD Return | -1.72% | -5.92% |
| 1Y Return | 18.59% | 2.90% |
| 3Y Return (Ann) | 2.28% | -0.63% |
| 5Y Return (Ann) | 9.80% | 5.47% |
| 10Y Return (Ann) | 7.19% | 6.39% |
| Sharpe Ratio | 0.90 | 0.14 |
| Daily Std Dev | 20.19% | 18.97% |
| Max Drawdown | -70.55% | -64.16% |
| Current Drawdown | -19.67% | -22.78% |
Fundamentals
| CM | TD | |
|---|---|---|
| Market Cap | $44.86B | $105.12B |
| EPS | $4.77 | $4.62 |
| PE Ratio | 10.03 | 12.85 |
| PEG Ratio | 3.19 | 1.09 |
| Revenue (TTM) | $21.32B | $50.40B |
| Gross Profit (TTM) | $21.31B | $49.20B |
Correlation
The correlation between CM and TD is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CM vs. TD - Performance Comparison
In the year-to-date period, CM achieves a -1.72% return, which is significantly higher than TD's -5.92% return. Over the past 10 years, CM has outperformed TD with an annualized return of 7.19%, while TD has yielded a comparatively lower 6.39% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
CM vs. TD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Canadian Imperial Bank of Commerce (CM) and The Toronto-Dominion Bank (TD). 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.
Dividends
CM vs. TD - Dividend Comparison
CM's dividend yield for the trailing twelve months is around 5.67%, more than TD's 4.94% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CM Canadian Imperial Bank of Commerce | 5.67% | 5.42% | 6.23% | 5.77% | 8.48% | 10.73% | 5.47% | 4.09% | 4.48% | 8.64% | 4.18% | 4.30% |
TD The Toronto-Dominion Bank | 4.94% | 4.40% | 4.23% | 3.27% | 4.09% | 3.89% | 4.10% | 3.08% | 3.29% | 4.07% | 3.54% | 3.36% |
Drawdowns
CM vs. TD - Drawdown Comparison
The maximum CM drawdown since its inception was -70.55%, which is greater than TD's maximum drawdown of -64.16%. Use the drawdown chart below to compare losses from any high point for CM and TD. For additional features, visit the drawdowns tool.
Volatility
CM vs. TD - Volatility Comparison
The current volatility for Canadian Imperial Bank of Commerce (CM) is 4.22%, while The Toronto-Dominion Bank (TD) has a volatility of 4.56%. This indicates that CM experiences smaller price fluctuations and is considered to be less risky than TD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CM vs. TD - Financials Comparison
This section allows you to compare key financial metrics between Canadian Imperial Bank of Commerce and The Toronto-Dominion Bank. 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