CRT-UN.TO vs. CM.TO
CRT-UN.TO (CT Real Estate Investment Trust) and CM.TO (Canadian Imperial Bank of Commerce) are both stocks. CRT-UN.TO operates in REIT - Retail (Real Estate), while CM.TO operates in Banks - Diversified (Financial Services). Over the past 10 years, CRT-UN.TO returned 7.63%/yr vs 20.73%/yr for CM.TO. At a 0.29 correlation, their price movements are largely independent.
Performance
CRT-UN.TO vs. CM.TO - Performance Comparison
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Returns By Period
In the year-to-date period, CRT-UN.TO achieves a 11.59% return, which is significantly lower than CM.TO's 23.94% return. Over the past 10 years, CRT-UN.TO has underperformed CM.TO with an annualized return of 7.63%, while CM.TO has yielded a comparatively higher 20.73% annualized return.
CRT-UN.TO
- 1D
- -0.11%
- 1M
- 1.42%
- YTD
- 11.59%
- 6M
- 15.18%
- 1Y
- 16.30%
- 3Y*
- 12.39%
- 5Y*
- 7.05%
- 10Y*
- 7.63%
CM.TO
- 1D
- 0.71%
- 1M
- 1.58%
- YTD
- 23.94%
- 6M
- 24.38%
- 1Y
- 68.16%
- 3Y*
- 45.63%
- 5Y*
- 22.94%
- 10Y*
- 20.73%
CRT-UN.TO vs. CM.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CRT-UN.TO CT Real Estate Investment Trust | 11.59% | 20.98% | 3.91% | -0.26% | -5.16% | 16.12% | 2.73% | 47.59% | -15.85% | 1.45% |
CM.TO Canadian Imperial Bank of Commerce | 23.94% | 42.31% | 49.56% | 23.83% | -20.89% | 47.75% | 13.88% | 18.19% | -8.64% | 22.50% |
Correlation
The correlation between CRT-UN.TO and CM.TO is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2013 | 0.29 |
Fundamentals
CRT-UN.TO:
CA$3.51B
CM.TO:
CA$141.37B
CRT-UN.TO:
CA$1.34
CM.TO:
CA$10.53
CRT-UN.TO:
13.23
CM.TO:
14.52
CRT-UN.TO:
0.25
CM.TO:
1.79
CRT-UN.TO:
6.47
CM.TO:
2.68
CRT-UN.TO:
1.75
CM.TO:
2.42
CRT-UN.TO:
CA$611.41M
CM.TO:
CA$53.25B
CRT-UN.TO:
CA$477.02M
CM.TO:
CA$28.73B
CRT-UN.TO:
CA$623.97M
CM.TO:
CA$13.01B
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Return for Risk
CRT-UN.TO vs. CM.TO — Risk / Return Rank
CRT-UN.TO
CM.TO
CRT-UN.TO vs. CM.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CT Real Estate Investment Trust (CRT-UN.TO) and Canadian Imperial Bank of Commerce (CM.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.
| CRT-UN.TO | CM.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.63 | ||
| Sortino ratioReturn per unit of downside risk | -2.86 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.68 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | 2.63 | 7.52 | -4.90 |
| Martin ratioReturn relative to average drawdown | 6.86 | 27.92 | -21.06 |
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
| CRT-UN.TO | CM.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.29 | 3.92 | -2.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | 1.27 | -0.86 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 1.05 | -0.67 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.74 | -0.19 |
Drawdowns
CRT-UN.TO vs. CM.TO - Drawdown Comparison
The maximum CRT-UN.TO drawdown since its inception was -45.88%, smaller than the maximum CM.TO drawdown of -58.49%. Use the drawdown chart below to compare losses from any high point for CRT-UN.TO and CM.TO.
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Drawdown Indicators
| CRT-UN.TO | CM.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.88% | -58.49% | +12.61% |
Max Drawdown (1Y)Largest decline over 1 year | -6.24% | -9.11% | +2.87% |
Max Drawdown (3Y)Largest decline over 3 years | -17.38% | -16.57% | -0.81% |
Max Drawdown (5Y)Largest decline over 5 years | -24.70% | -35.43% | +10.73% |
Max Drawdown (10Y)Largest decline over 10 years | -45.88% | -40.02% | -5.86% |
Current DrawdownCurrent decline from peak | -0.84% | -4.86% | +4.02% |
Average DrawdownAverage peak-to-trough decline | -6.26% | -9.29% | +3.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.38% | 2.45% | -0.07% |
Volatility
CRT-UN.TO vs. CM.TO - Volatility Comparison
The current volatility for CT Real Estate Investment Trust (CRT-UN.TO) is 2.78%, while Canadian Imperial Bank of Commerce (CM.TO) has a volatility of 7.78%. This indicates that CRT-UN.TO experiences smaller price fluctuations and is considered to be less risky than CM.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRT-UN.TO | CM.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.78% | 7.78% | -5.00% |
Volatility (6M)Calculated over the trailing 6-month period | 9.36% | 14.82% | -5.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.74% | 17.53% | -4.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.64% | 18.21% | -0.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.22% | 19.92% | +0.30% |
Dividends
CRT-UN.TO vs. CM.TO - Dividend Comparison
CRT-UN.TO's dividend yield for the trailing twelve months is around 5.35%, more than CM.TO's 2.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CM.TO Canadian Imperial Bank of Commerce | 2.67% | 3.20% | 4.04% | 5.47% | 7.52% | 8.13% | 10.74% | 10.51% | 10.58% | 8.39% | 8.84% | 9.69% |
CRT-UN.TO CT Real Estate Investment Trust | 5.35% | 5.77% | 6.40% | 6.04% | 5.48% | 4.76% | 5.08% | 4.71% | 6.34% | 4.84% | 4.54% | 5.11% |
Financials
CRT-UN.TO vs. CM.TO - Financials Comparison
This section allows you to compare key financial metrics between CT Real Estate Investment Trust and Canadian Imperial Bank of Commerce. 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
CRT-UN.TO vs. CM.TO - Profitability Comparison
CRT-UN.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CT Real Estate Investment Trust reported a gross profit of 122.17M and revenue of 157.56M. Therefore, the gross margin over that period was 77.5%.
CM.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Canadian Imperial Bank of Commerce reported a gross profit of 7.36B and revenue of 15.23B. Therefore, the gross margin over that period was 48.4%.
CRT-UN.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CT Real Estate Investment Trust reported an operating income of 118.00M and revenue of 157.56M, resulting in an operating margin of 74.9%.
CM.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Canadian Imperial Bank of Commerce reported an operating income of 3.20B and revenue of 15.23B, resulting in an operating margin of 21.0%.
CRT-UN.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CT Real Estate Investment Trust reported a net income of 53.53M and revenue of 157.56M, resulting in a net margin of 34.0%.
CM.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Canadian Imperial Bank of Commerce reported a net income of 2.46B and revenue of 15.23B, resulting in a net margin of 16.1%.
Frequently Asked Questions
CRT-UN.TO and CM.TO have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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