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:
2.36
TD:
-0.62
CM:
3.61
TD:
-0.70
CM:
1.43
TD:
0.90
CM:
1.81
TD:
-0.38
CM:
13.49
TD:
-1.25
CM:
3.34%
TD:
9.52%
CM:
19.05%
TD:
19.10%
CM:
-70.55%
TD:
-64.16%
CM:
-4.37%
TD:
-30.25%
Fundamentals
CM:
$62.07B
TD:
$92.13B
CM:
$5.11
TD:
$3.32
CM:
12.87
TD:
15.83
CM:
3.03
TD:
1.22
CM:
$43.85B
TD:
$87.04B
CM:
$44.31B
TD:
$103.35B
CM:
$3.33B
TD:
$2.01B
Returns By Period
In the year-to-date period, CM achieves a 38.85% return, which is significantly higher than TD's -15.02% return. Over the past 10 years, CM has outperformed TD with an annualized return of 10.92%, while TD has yielded a comparatively lower 5.15% annualized return.
CM
38.85%
-0.80%
38.98%
42.14%
16.82%
10.92%
TD
-15.02%
-6.53%
-0.80%
-14.44%
3.16%
5.15%
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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 4.14%, less than TD's 5.76% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CM Canadian Imperial Bank of Commerce | 4.14% | 5.42% | 6.23% | 5.77% | 8.48% | 10.73% | 5.48% | 4.09% | 4.52% | 8.65% | 4.19% | 4.29% |
TD The Toronto-Dominion Bank | 5.76% | 4.40% | 4.24% | 3.27% | 4.10% | 3.89% | 4.09% | 3.08% | 3.29% | 4.07% | 3.54% | 3.35% |
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 6.22%, while The Toronto-Dominion Bank (TD) has a volatility of 7.88%. 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