CTC-A.TO vs. CM.TO
CTC-A.TO (Canadian Tire Corporation Ltd) and CM.TO (Canadian Imperial Bank of Commerce) are both stocks. CTC-A.TO operates in Specialty Retail (Consumer Cyclical), while CM.TO operates in Banks - Diversified (Financial Services). Over the past 10 years, CTC-A.TO returned 6.08%/yr vs 20.73%/yr for CM.TO. At a 0.36 correlation, their price movements are largely independent.
Performance
CTC-A.TO vs. CM.TO - Performance Comparison
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Returns By Period
In the year-to-date period, CTC-A.TO achieves a 5.08% return, which is significantly lower than CM.TO's 23.94% return. Over the past 10 years, CTC-A.TO has underperformed CM.TO with an annualized return of 6.08%, while CM.TO has yielded a comparatively higher 20.73% annualized return.
CTC-A.TO
- 1D
- 0.29%
- 1M
- -6.12%
- YTD
- 5.08%
- 6M
- 7.04%
- 1Y
- 5.22%
- 3Y*
- 6.94%
- 5Y*
- 1.58%
- 10Y*
- 6.08%
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%
CTC-A.TO vs. CM.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CTC-A.TO Canadian Tire Corporation Ltd | 5.08% | 20.07% | 12.82% | 3.76% | -19.20% | 11.26% | 24.13% | 0.73% | -11.01% | 19.72% |
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 CTC-A.TO and CM.TO is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2006 | 0.36 |
The correlation between CTC-A.TO and CM.TO shifts across timeframes, from 0.24 (1 year) to 0.37 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
CTC-A.TO:
CA$9.49B
CM.TO:
CA$141.37B
CTC-A.TO:
CA$11.14
CM.TO:
CA$10.53
CTC-A.TO:
16.08
CM.TO:
14.52
CTC-A.TO:
0.31
CM.TO:
1.79
CTC-A.TO:
0.59
CM.TO:
2.68
CTC-A.TO:
1.63
CM.TO:
2.42
CTC-A.TO:
CA$16.43B
CM.TO:
CA$53.25B
CTC-A.TO:
CA$5.41B
CM.TO:
CA$28.73B
CTC-A.TO:
CA$2.09B
CM.TO:
CA$13.01B
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Return for Risk
CTC-A.TO vs. CM.TO — Risk / Return Rank
CTC-A.TO
CM.TO
CTC-A.TO vs. CM.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Canadian Tire Corporation Ltd (CTC-A.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.
| CTC-A.TO | CM.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.67 | ||
| Sortino ratioReturn per unit of downside risk | -4.33 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.68 | -0.61 |
| Calmar ratioReturn relative to maximum drawdown | 0.32 | 7.52 | -7.20 |
| Martin ratioReturn relative to average drawdown | 0.62 | 27.92 | -27.29 |
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
| CTC-A.TO | CM.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.24 | 3.92 | -3.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | 1.27 | -1.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.24 | 1.05 | -0.81 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.74 | -0.43 |
Drawdowns
CTC-A.TO vs. CM.TO - Drawdown Comparison
The maximum CTC-A.TO drawdown since its inception was -58.16%, roughly equal to the maximum CM.TO drawdown of -58.49%. Use the drawdown chart below to compare losses from any high point for CTC-A.TO and CM.TO.
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Drawdown Indicators
| CTC-A.TO | CM.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.16% | -58.49% | +0.33% |
Max Drawdown (1Y)Largest decline over 1 year | -16.35% | -9.11% | -7.24% |
Max Drawdown (3Y)Largest decline over 3 years | -29.70% | -16.57% | -13.13% |
Max Drawdown (5Y)Largest decline over 5 years | -30.90% | -35.43% | +4.53% |
Max Drawdown (10Y)Largest decline over 10 years | -58.16% | -40.02% | -18.14% |
Current DrawdownCurrent decline from peak | -9.88% | -4.86% | -5.02% |
Average DrawdownAverage peak-to-trough decline | -15.97% | -9.29% | -6.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.41% | 2.45% | +5.96% |
Volatility
CTC-A.TO vs. CM.TO - Volatility Comparison
Canadian Tire Corporation Ltd (CTC-A.TO) and Canadian Imperial Bank of Commerce (CM.TO) have volatilities of 7.54% and 7.78%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CTC-A.TO | CM.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.54% | 7.78% | -0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 14.51% | 14.82% | -0.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.72% | 17.53% | +4.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.06% | 18.21% | +3.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.87% | 19.92% | +5.95% |
Dividends
CTC-A.TO vs. CM.TO - Dividend Comparison
CTC-A.TO's dividend yield for the trailing twelve months is around 3.99%, 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% |
CTC-A.TO Canadian Tire Corporation Ltd | 3.99% | 4.08% | 4.63% | 4.90% | 4.13% | 2.59% | 2.72% | 2.97% | 2.52% | 1.59% | 1.67% | 1.79% |
Financials
CTC-A.TO vs. CM.TO - Financials Comparison
This section allows you to compare key financial metrics between Canadian Tire Corporation Ltd 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
CTC-A.TO vs. CM.TO - Profitability Comparison
CTC-A.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Canadian Tire Corporation Ltd reported a gross profit of 1.21B and revenue of 3.57B. Therefore, the gross margin over that period was 34.0%.
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%.
CTC-A.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Canadian Tire Corporation Ltd reported an operating income of 254.30M and revenue of 3.57B, resulting in an operating margin of 7.1%.
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%.
CTC-A.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Canadian Tire Corporation Ltd reported a net income of 107.00M and revenue of 3.57B, resulting in a net margin of 3.0%.
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
CTC-A.TO and CM.TO have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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