CNC.V vs. RY.TO
CNC.V (Canada Nickel Company Inc) and RY.TO (Royal Bank of Canada) are both stocks. CNC.V operates in Other Industrial Metals & Mining (Basic Materials), while RY.TO operates in Banks - Diversified (Financial Services). Over the past 5 years, CNC.V returned -14.98%/yr vs 20.37%/yr for RY.TO. At a 0.15 correlation, their price movements are largely independent.
Performance
CNC.V vs. RY.TO - Performance Comparison
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Returns By Period
In the year-to-date period, CNC.V achieves a 13.57% return, which is significantly lower than RY.TO's 15.19% return.
CNC.V
- 1D
- -5.36%
- 1M
- -5.92%
- YTD
- 13.57%
- 6M
- 27.20%
- 1Y
- 67.37%
- 3Y*
- 6.40%
- 5Y*
- -14.98%
- 10Y*
- —
RY.TO
- 1D
- 0.47%
- 1M
- 9.67%
- YTD
- 15.19%
- 6M
- 23.28%
- 1Y
- 56.56%
- 3Y*
- 33.65%
- 5Y*
- 20.37%
- 10Y*
- 17.23%
CNC.V vs. RY.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CNC.V Canada Nickel Company Inc | 13.57% | 52.17% | -19.30% | -44.39% | -44.74% | 91.24% | 115.56% |
RY.TO Royal Bank of Canada | 15.19% | 39.60% | 34.37% | 9.80% | -1.52% | 33.09% | 5.71% |
Correlation
The correlation between CNC.V and RY.TO is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2020 | 0.15 |
Fundamentals
CNC.V:
CA$360.76M
RY.TO:
CA$371.22B
CNC.V:
-CA$0.13
RY.TO:
CA$15.77
CNC.V:
1.51
RY.TO:
2.87
CNC.V:
CA$0.00
RY.TO:
CA$120.33B
CNC.V:
CA$0.00
RY.TO:
CA$65.64B
CNC.V:
-CA$15.27M
RY.TO:
CA$14.74B
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Return for Risk
CNC.V vs. RY.TO — Risk / Return Rank
CNC.V
RY.TO
CNC.V vs. RY.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Canada Nickel Company Inc (CNC.V) and Royal Bank of Canada (RY.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.
| CNC.V | RY.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.17 | ||
| Sortino ratioReturn per unit of downside risk | -4.13 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.76 | -0.54 |
| Calmar ratioReturn relative to maximum drawdown | 1.54 | 7.00 | -5.46 |
| Martin ratioReturn relative to average drawdown | 2.97 | 25.96 | -23.00 |
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
| CNC.V | RY.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.98 | 4.15 | -3.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.25 | 1.38 | -1.63 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.00 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.45 | -0.33 |
Drawdowns
CNC.V vs. RY.TO - Drawdown Comparison
The maximum CNC.V drawdown since its inception was -83.14%, which is greater than RY.TO's maximum drawdown of -70.56%. Use the drawdown chart below to compare losses from any high point for CNC.V and RY.TO.
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Drawdown Indicators
| CNC.V | RY.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.14% | -70.56% | -12.58% |
Max Drawdown (1Y)Largest decline over 1 year | -44.09% | -8.12% | -35.97% |
Max Drawdown (3Y)Largest decline over 3 years | -64.25% | -16.00% | -48.25% |
Max Drawdown (5Y)Largest decline over 5 years | -80.68% | -21.21% | -59.47% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.84% | — |
Current DrawdownCurrent decline from peak | -63.78% | 0.00% | -63.78% |
Average DrawdownAverage peak-to-trough decline | -55.10% | -20.93% | -34.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.78% | 2.19% | +20.59% |
Volatility
CNC.V vs. RY.TO - Volatility Comparison
Canada Nickel Company Inc (CNC.V) has a higher volatility of 13.19% compared to Royal Bank of Canada (RY.TO) at 4.60%. This indicates that CNC.V's price experiences larger fluctuations and is considered to be riskier than RY.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CNC.V | RY.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.19% | 4.60% | +8.59% |
Volatility (6M)Calculated over the trailing 6-month period | 48.79% | 10.56% | +38.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.45% | 13.70% | +55.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.32% | 14.91% | +45.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 76.70% | 17.26% | +59.44% |
Dividends
CNC.V vs. RY.TO - Dividend Comparison
CNC.V has not paid dividends to shareholders, while RY.TO's dividend yield for the trailing twelve months is around 2.39%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNC.V Canada Nickel Company Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RY.TO Royal Bank of Canada | 2.39% | 2.58% | 3.23% | 3.99% | 3.90% | 3.22% | 4.10% | 3.96% | 4.03% | 3.39% | 3.57% | 4.15% |
Financials
CNC.V vs. RY.TO - Financials Comparison
This section allows you to compare key financial metrics between Canada Nickel Company Inc and Royal Bank of Canada. 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
Frequently Asked Questions
CNC.V and RY.TO have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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