CME vs. TD.TO
CME (CME Group Inc.) and TD.TO (The Toronto-Dominion Bank) are both stocks. Both are in the Financial Services sector — CME in Financial Data & Stock Exchanges, TD.TO in Banks - Diversified. Over the past 10 years, CME returned 14.50%/yr vs 14.53%/yr for TD.TO. At a 0.29 correlation, their price movements are largely independent.
Performance
CME vs. TD.TO - Performance Comparison
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Different Trading Currencies
CME is traded in USD, while TD.TO is traded in CAD. To make them comparable, the TD.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CME achieves a -5.50% return, which is significantly lower than TD.TO's 23.04% return. Both investments have delivered pretty close results over the past 10 years, with CME having a 14.50% annualized return and TD.TO not far ahead at 14.53%.
CME
- 1D
- -2.09%
- 1M
- -10.39%
- YTD
- -5.50%
- 6M
- -4.13%
- 1Y
- -4.58%
- 3Y*
- 15.54%
- 5Y*
- 7.50%
- 10Y*
- 14.50%
TD.TO
- 1D
- 0.82%
- 1M
- 6.31%
- YTD
- 23.04%
- 6M
- 31.64%
- 1Y
- 68.16%
- 3Y*
- 30.33%
- 5Y*
- 14.50%
- 10Y*
- 14.53%
CME vs. TD.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CME CME Group Inc. | -5.50% | 19.83% | 15.41% | 31.32% | -22.89% | 29.47% | -6.34% | 9.67% | 32.15% | 32.35% |
TD.TO The Toronto-Dominion Bank | 23.04% | 85.53% | -13.39% | 4.83% | -11.62% | 40.22% | 6.24% | 16.46% | -11.97% | 23.52% |
Correlation
The correlation between CME and TD.TO is -0.06, 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 | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2006 | 0.29 |
The correlation between CME and TD.TO shifts across timeframes, from -0.06 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.
Fundamentals
CME:
$91.54B
TD.TO:
CA$265.60B
CME:
$11.75
TD.TO:
CA$8.81
CME:
21.45
TD.TO:
18.10
CME:
1.87
TD.TO:
0.65
CME:
13.46
TD.TO:
2.40
CME:
3.44
TD.TO:
2.36
CME:
$6.76B
TD.TO:
CA$112.59B
CME:
$5.84B
TD.TO:
CA$59.48B
CME:
$5.69B
TD.TO:
CA$19.98B
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Return for Risk
CME vs. TD.TO — Risk / Return Rank
CME
TD.TO
CME vs. TD.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CME Group Inc. (CME) and The Toronto-Dominion Bank (TD.TO). 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.
| CME | TD.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.64 | ||
| Sortino ratioReturn per unit of downside risk | -5.58 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.74 | -0.77 |
| Calmar ratioReturn relative to maximum drawdown | -0.21 | 9.37 | -9.58 |
| Martin ratioReturn relative to average drawdown | -0.72 | 37.39 | -38.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CME | TD.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.23 | 4.42 | -4.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 0.79 | -0.42 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.71 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.53 | +0.05 |
Drawdowns
CME vs. TD.TO - Drawdown Comparison
The maximum CME drawdown since its inception was -77.50%, which is greater than TD.TO's maximum drawdown of -62.28%. Use the drawdown chart below to compare losses from any high point for CME and TD.TO.
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Drawdown Indicators
| CME | TD.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.50% | -62.28% | -15.22% |
Max Drawdown (1Y)Largest decline over 1 year | -21.42% | -7.31% | -14.11% |
Max Drawdown (3Y)Largest decline over 3 years | -21.42% | -19.57% | -1.85% |
Max Drawdown (5Y)Largest decline over 5 years | -31.74% | -31.55% | -0.19% |
Max Drawdown (10Y)Largest decline over 10 years | -37.36% | -41.46% | +4.10% |
Current DrawdownCurrent decline from peak | -20.95% | -0.08% | -20.87% |
Average DrawdownAverage peak-to-trough decline | -20.69% | -10.67% | -10.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.35% | 1.83% | +4.52% |
Volatility
CME vs. TD.TO - Volatility Comparison
CME Group Inc. (CME) has a higher volatility of 10.21% compared to The Toronto-Dominion Bank (TD.TO) at 5.24%. This indicates that CME's price experiences larger fluctuations and is considered to be riskier than TD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CME | TD.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.21% | 5.24% | +4.97% |
Volatility (6M)Calculated over the trailing 6-month period | 16.89% | 12.12% | +4.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.38% | 15.55% | +4.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.06% | 18.37% | +1.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.89% | 20.45% | +3.44% |
Dividends
CME vs. TD.TO - Dividend Comparison
CME's dividend yield for the trailing twelve months is around 4.44%, more than TD.TO's 2.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CME CME Group Inc. | 4.44% | 1.83% | 4.48% | 4.58% | 5.05% | 3.00% | 3.24% | 2.74% | 2.42% | 4.20% | 4.90% | 5.41% |
TD.TO The Toronto-Dominion Bank | 2.67% | 3.25% | 5.33% | 4.48% | 4.06% | 3.26% | 4.32% | 3.97% | 3.85% | 3.19% | 3.26% | 3.69% |
Financials
CME vs. TD.TO - Financials Comparison
This section allows you to compare key financial metrics between CME Group Inc. 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
CME vs. TD.TO - Profitability Comparison
CME - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CME Group Inc. reported a gross profit of 1.66B and revenue of 1.88B. Therefore, the gross margin over that period was 88.1%.
TD.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Toronto-Dominion Bank reported a gross profit of 14.91B and revenue of 27.03B. Therefore, the gross margin over that period was 55.2%.
CME - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CME Group Inc. reported an operating income of 1.31B and revenue of 1.88B, resulting in an operating margin of 69.7%.
TD.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Toronto-Dominion Bank reported an operating income of 5.03B and revenue of 27.03B, resulting in an operating margin of 18.6%.
CME - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CME Group Inc. reported a net income of 1.15B and revenue of 1.88B, resulting in a net margin of 61.4%.
TD.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Toronto-Dominion Bank reported a net income of 4.25B and revenue of 27.03B, resulting in a net margin of 15.7%.
Frequently Asked Questions
CME and TD.TO have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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