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.
Correlation
The correlation between CM and TD is 0.74, 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
Key characteristics
CM:
1.37
TD:
0.63
CM:
2.09
TD:
0.92
CM:
1.27
TD:
1.14
CM:
1.48
TD:
0.40
CM:
4.78
TD:
1.47
CM:
6.09%
TD:
8.46%
CM:
21.23%
TD:
19.92%
CM:
-70.55%
TD:
-64.16%
CM:
-10.69%
TD:
-17.16%
Fundamentals
CM:
$55.25B
TD:
$106.35B
CM:
$5.54
TD:
$3.40
CM:
10.61
TD:
17.78
CM:
4.29
TD:
0.81
CM:
2.24
TD:
1.99
CM:
1.36
TD:
1.35
CM:
$26.57B
TD:
$57.21B
CM:
$26.57B
TD:
$57.21B
CM:
$9.25B
TD:
$16.92B
Returns By Period
In the year-to-date period, CM achieves a -5.95% return, which is significantly lower than TD's 16.53% return. Over the past 10 years, CM has outperformed TD with an annualized return of 11.12%, while TD has yielded a comparatively lower 7.26% annualized return.
CM
-5.95%
4.00%
-3.77%
31.06%
22.78%
11.12%
TD
16.53%
2.45%
10.10%
13.36%
13.37%
7.26%
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Risk-Adjusted Performance
CM vs. TD — Risk-Adjusted Performance Rank
CM
TD
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 4.57%, less than TD's 4.87% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CM Canadian Imperial Bank of Commerce | 4.57% | 4.24% | 5.41% | 6.23% | 5.76% | 8.48% | 10.73% | 5.48% | 4.09% | 4.52% | 8.65% | 4.19% |
TD The Toronto-Dominion Bank | 4.87% | 5.65% | 4.40% | 4.24% | 3.27% | 4.10% | 3.89% | 4.09% | 3.08% | 3.29% | 4.07% | 3.54% |
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
Canadian Imperial Bank of Commerce (CM) has a higher volatility of 8.34% compared to The Toronto-Dominion Bank (TD) at 7.32%. This indicates that CM's price experiences larger fluctuations and is considered to be riskier 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