DIV.TO vs. BK.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Diversified Royalty Corp. (DIV.TO) and Canadian Banc Corp. (BK.TO).

Performance

DIV.TO vs. BK.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Diversified Royalty Corp. (DIV.TO) and Canadian Banc Corp. (BK.TO). The values are adjusted to include any dividend payments, if applicable.

DIV.TO vs. BK.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DIV.TO Diversified Royalty Corp.	12.51%	38.92%	16.26%	-0.40%	14.10%	28.13%	-16.15%	19.62%	-12.04%	46.20%
BK.TO Canadian Banc Corp.	-7.55%	81.09%	27.41%	-8.06%	10.89%	72.81%	-3.53%	14.69%	-22.63%	17.15%

Fundamentals

Market Cap DIV.TO : CA$761.48M BK.TO : CA$613.57M
EPS DIV.TO : CA$0.21 BK.TO : CA$9.64
PE Ratio DIV.TO : 19.71 BK.TO : 1.38
PEG Ratio DIV.TO : 1.39 BK.TO : 0.04
PS Ratio DIV.TO : 10.21 BK.TO : 2.31
PB Ratio DIV.TO : 2.64 BK.TO : 0.96
Total Revenue (TTM) DIV.TO : CA$70.81M BK.TO : CA$237.08M
Gross Profit (TTM) DIV.TO : CA$70.78M BK.TO : CA$232.83M
EBITDA (TTM) DIV.TO : CA$64.09M BK.TO : CA$318.39M

Returns By Period

In the year-to-date period, DIV.TO achieves a 12.51% return, which is significantly higher than BK.TO's -7.55% return. Over the past 10 years, DIV.TO has underperformed BK.TO with an annualized return of 15.67%, while BK.TO has yielded a comparatively higher 18.37% annualized return.

DIV.TO

• 1D: 1.99%
• 1M: -3.84%
• YTD: 12.51%
• 6M: 14.36%
• 1Y: 57.72%
• 3Y*: 20.16%
• 5Y*: 19.90%
• 10Y*: 15.67%

BK.TO

• 1D: -0.90%
• 1M: -6.61%
• YTD: -7.55%
• 6M: 11.48%
• 1Y: 68.17%
• 3Y*: 23.74%
• 5Y*: 24.56%
• 10Y*: 18.37%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

DIV.TO vs. BK.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DIV.TO

DIV.TO Risk / Return Rank: 96
DIV.TO Sharpe Ratio Rank: 96
DIV.TO Sortino Ratio Rank: 97
DIV.TO Omega Ratio Rank: 96
DIV.TO Calmar Ratio Rank: 96
DIV.TO Martin Ratio Rank: 97

BK.TO

BK.TO Risk / Return Rank: 98
BK.TO Sharpe Ratio Rank: 98
BK.TO Sortino Ratio Rank: 99
BK.TO Omega Ratio Rank: 98
BK.TO Calmar Ratio Rank: 97
BK.TO Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DIV.TO vs. BK.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Diversified Royalty Corp. (DIV.TO) and Canadian Banc Corp. (BK.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.

	DIV.TO	BK.TO	Difference
Sharpe ratio Return per unit of total volatility	2.81	3.52	-0.71
Sortino ratio Return per unit of downside risk	4.14	4.90	-0.76
Omega ratio Gain probability vs. loss probability	1.55	1.76	-0.21
Calmar ratio Return relative to maximum drawdown	6.04	7.00	-0.96
Martin ratio Return relative to average drawdown	19.39	26.94	-7.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DIV.TO vs. BK.TO - Sharpe Ratio Comparison

The current DIV.TO Sharpe Ratio is 2.81, which is comparable to the BK.TO Sharpe Ratio of 3.52. The chart below compares the historical Sharpe Ratios of DIV.TO and BK.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DIV.TO	BK.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.81	3.52	-0.71
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.98	1.35	-0.37
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	0.72	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	-0.87	+0.97

Correlation

The correlation between DIV.TO and BK.TO is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

DIV.TO vs. BK.TO - Dividend Comparison

DIV.TO's dividend yield for the trailing twelve months is around 6.66%, less than BK.TO's 12.40% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DIV.TO Diversified Royalty Corp.	6.66%	7.12%	8.59%	8.79%	7.45%	7.41%	8.87%	7.26%	8.06%	6.59%	8.87%	8.39%
BK.TO Canadian Banc Corp.	12.40%	11.17%	14.44%	17.99%	15.91%	9.13%	7.72%	10.49%	13.19%	9.13%	7.82%	12.97%

Drawdowns

DIV.TO vs. BK.TO - Drawdown Comparison

The maximum DIV.TO drawdown since its inception was -99.64%, roughly equal to the maximum BK.TO drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for DIV.TO and BK.TO.

Drawdown Indicators

	DIV.TO	BK.TO	Difference
Max Drawdown Largest peak-to-trough decline	-99.64%	-100.00%	+0.36%
Max Drawdown (1Y) Largest decline over 1 year	-9.92%	-9.95%	+0.03%
Max Drawdown (5Y) Largest decline over 5 years	-25.32%	-25.64%	+0.32%
Max Drawdown (10Y) Largest decline over 10 years	-64.32%	-56.29%	-8.03%
Current Drawdown Current decline from peak	-62.14%	-99.98%	+37.84%
Average Drawdown Average peak-to-trough decline	-73.63%	-99.98%	+26.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.09%	2.59%	+0.50%

Volatility

DIV.TO vs. BK.TO - Volatility Comparison

Diversified Royalty Corp. (DIV.TO) and Canadian Banc Corp. (BK.TO) have volatilities of 8.80% and 8.93%, 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.

Volatility by Period

	DIV.TO	BK.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.80%	8.93%	-0.13%
Volatility (6M) Calculated over the trailing 6-month period	14.12%	14.77%	-0.65%
Volatility (1Y) Calculated over the trailing 1-year period	20.68%	19.46%	+1.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.40%	18.25%	+2.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.76%	25.60%	+2.16%

Financials