FAST vs. RY.TO
FAST (Fastenal Company) and RY.TO (Royal Bank of Canada) are both stocks. FAST operates in Industrial Distribution (Industrials), while RY.TO operates in Banks - Diversified (Financial Services). Over the past 10 years, FAST returned 18.53%/yr vs 17.12%/yr for RY.TO. At a 0.35 correlation, their price movements are largely independent.
Performance
FAST vs. RY.TO - Performance Comparison
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Different Trading Currencies
FAST is traded in USD, while RY.TO is traded in CAD. To make them comparable, the RY.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, FAST achieves a 17.31% return, which is significantly lower than RY.TO's 18.47% return. Over the past 10 years, FAST has outperformed RY.TO with an annualized return of 18.53%, while RY.TO has yielded a comparatively lower 17.12% annualized return.
FAST
- 1D
- 0.39%
- 1M
- 7.65%
- YTD
- 17.31%
- 6M
- 12.06%
- 1Y
- 12.75%
- 3Y*
- 21.28%
- 5Y*
- 14.88%
- 10Y*
- 18.53%
RY.TO
- 1D
- 0.18%
- 1M
- 8.50%
- YTD
- 18.47%
- 6M
- 22.15%
- 1Y
- 61.13%
- 3Y*
- 33.54%
- 5Y*
- 18.10%
- 10Y*
- 17.12%
FAST vs. RY.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FAST Fastenal Company | 17.31% | 13.98% | 13.53% | 41.31% | -24.34% | 34.06% | 36.60% | 45.08% | -1.61% | 19.66% |
RY.TO Royal Bank of Canada | 18.47% | 46.28% | 23.88% | 12.48% | -7.39% | 33.15% | 9.11% | 19.24% | -12.83% | 25.63% |
Correlation
The correlation between FAST and RY.TO is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.35 |
Fundamentals
FAST:
$53.60B
RY.TO:
CA$389.54B
FAST:
$1.13
RY.TO:
CA$15.77
FAST:
41.23
RY.TO:
17.69
FAST:
4.84
RY.TO:
2.60
FAST:
6.35
RY.TO:
3.25
FAST:
13.43
RY.TO:
3.01
FAST:
$8.44B
RY.TO:
CA$120.33B
FAST:
$3.79B
RY.TO:
CA$65.64B
FAST:
$1.80B
RY.TO:
CA$14.74B
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Return for Risk
FAST vs. RY.TO — Risk / Return Rank
FAST
RY.TO
FAST vs. RY.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fastenal Company (FAST) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FAST | RY.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.72 | ||
| Sortino ratioReturn per unit of downside risk | -5.26 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.74 | -0.64 |
| Calmar ratioReturn relative to maximum drawdown | 0.50 | 6.18 | -5.67 |
| Martin ratioReturn relative to average drawdown | 1.00 | 22.81 | -21.81 |
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Drawdowns
FAST vs. RY.TO - Drawdown Comparison
The maximum FAST drawdown since its inception was -63.43%, roughly equal to the maximum RY.TO drawdown of -63.01%. Use the drawdown chart below to compare losses from any high point for FAST and RY.TO.
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Drawdown Indicators
| FAST | RY.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.43% | -63.01% | -0.42% |
Max Drawdown (1Y)Largest decline over 1 year | -21.90% | -9.82% | -12.08% |
Max Drawdown (3Y)Largest decline over 3 years | -21.90% | -19.58% | -2.32% |
Max Drawdown (5Y)Largest decline over 5 years | -30.71% | -28.47% | -2.24% |
Max Drawdown (10Y)Largest decline over 10 years | -30.71% | -39.33% | +8.62% |
Current DrawdownCurrent decline from peak | -6.09% | 0.00% | -6.09% |
Average DrawdownAverage peak-to-trough decline | -12.16% | -9.84% | -2.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.97% | 2.65% | +8.32% |
Volatility
FAST vs. RY.TO - Volatility Comparison
Fastenal Company (FAST) has a higher volatility of 6.20% compared to Royal Bank of Canada (RY.TO) at 4.32%. This indicates that FAST'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
| FAST | RY.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.20% | 4.32% | +1.88% |
Volatility (6M)Calculated over the trailing 6-month period | 19.27% | 10.83% | +8.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.90% | 14.58% | +10.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.31% | 16.55% | +7.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.77% | 18.66% | +8.11% |
Dividends
FAST vs. RY.TO - Dividend Comparison
FAST's dividend yield for the trailing twelve months is around 1.98%, less than RY.TO's 2.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAST Fastenal Company | 1.98% | 2.18% | 2.17% | 2.75% | 2.62% | 1.75% | 2.87% | 2.35% | 2.95% | 2.34% | 2.55% | 2.74% |
RY.TO Royal Bank of Canada | 2.28% | 2.58% | 3.23% | 3.99% | 3.90% | 3.22% | 4.10% | 3.96% | 4.03% | 3.39% | 3.57% | 4.15% |
Financials
FAST vs. RY.TO - Financials Comparison
This section allows you to compare key financial metrics between Fastenal Company 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
FAST vs. RY.TO - Profitability Comparison
FAST - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fastenal Company reported a gross profit of 982.90M and revenue of 2.20B. Therefore, the gross margin over that period was 44.6%.
RY.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Royal Bank of Canada reported a gross profit of 16.52B and revenue of 33.95B. Therefore, the gross margin over that period was 48.7%.
FAST - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fastenal Company reported an operating income of 447.60M and revenue of 2.20B, resulting in an operating margin of 20.3%.
RY.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Royal Bank of Canada reported an operating income of 7.10B and revenue of 33.95B, resulting in an operating margin of 20.9%.
FAST - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fastenal Company reported a net income of 339.80M and revenue of 2.20B, resulting in a net margin of 15.4%.
RY.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Royal Bank of Canada reported a net income of 5.51B and revenue of 33.95B, resulting in a net margin of 16.2%.
Frequently Asked Questions
FAST and RY.TO have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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