CWB.TO vs. BNS
Compare and contrast key facts about Canadian Western Bank (CWB.TO) and The Bank of Nova Scotia (BNS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CWB.TO or BNS.
Correlation
The correlation between CWB.TO and BNS is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CWB.TO vs. BNS - Performance Comparison
Key characteristics
CWB.TO:
1.57
BNS:
0.80
CWB.TO:
7.23
BNS:
1.16
CWB.TO:
2.01
BNS:
1.15
CWB.TO:
5.08
BNS:
0.43
CWB.TO:
28.01
BNS:
2.19
CWB.TO:
3.96%
BNS:
6.04%
CWB.TO:
70.64%
BNS:
16.56%
CWB.TO:
-74.51%
BNS:
-63.79%
CWB.TO:
-7.17%
BNS:
-18.66%
Fundamentals
CWB.TO:
CA$5.48B
BNS:
$68.73B
CWB.TO:
CA$2.76
BNS:
$4.12
CWB.TO:
20.52
BNS:
12.26
CWB.TO:
1.40
BNS:
1.38
CWB.TO:
CA$1.29B
BNS:
$34.36B
CWB.TO:
CA$578.06M
BNS:
$35.50B
CWB.TO:
CA$36.34M
BNS:
$3.20B
Returns By Period
In the year-to-date period, CWB.TO achieves a -3.61% return, which is significantly higher than BNS's -4.66% return. Over the past 10 years, CWB.TO has outperformed BNS with an annualized return of 15.23%, while BNS has yielded a comparatively lower 4.90% annualized return.
CWB.TO
-3.61%
-2.88%
16.74%
109.69%
23.09%
15.23%
BNS
-4.66%
-1.85%
7.33%
13.34%
3.77%
4.90%
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Risk-Adjusted Performance
CWB.TO vs. BNS — Risk-Adjusted Performance Rank
CWB.TO
BNS
CWB.TO vs. BNS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Canadian Western Bank (CWB.TO) and The Bank of Nova Scotia (BNS). 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
CWB.TO vs. BNS - Dividend Comparison
CWB.TO's dividend yield for the trailing twelve months is around 4.86%, less than BNS's 6.14% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CWB.TO Canadian Western Bank | 4.86% | 4.84% | 8.88% | 11.06% | 7.72% | 10.82% | 8.73% | 3.92% | 2.39% | 3.03% | 3.76% | 2.44% |
BNS The Bank of Nova Scotia | 6.14% | 5.84% | 6.40% | 6.40% | 4.02% | 4.94% | 3.54% | 5.10% | 3.75% | 3.98% | 6.63% | 4.11% |
Drawdowns
CWB.TO vs. BNS - Drawdown Comparison
The maximum CWB.TO drawdown since its inception was -74.51%, which is greater than BNS's maximum drawdown of -63.79%. Use the drawdown chart below to compare losses from any high point for CWB.TO and BNS. For additional features, visit the drawdowns tool.
Volatility
CWB.TO vs. BNS - Volatility Comparison
The current volatility for Canadian Western Bank (CWB.TO) is 2.58%, while The Bank of Nova Scotia (BNS) has a volatility of 4.59%. This indicates that CWB.TO experiences smaller price fluctuations and is considered to be less risky than BNS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CWB.TO vs. BNS - Financials Comparison
This section allows you to compare key financial metrics between Canadian Western Bank and The Bank of Nova Scotia. 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