IAG.TO vs. RY.TO
Compare and contrast key facts about iA Financial Corporation Inc. (IAG.TO) and Royal Bank of Canada (RY.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IAG.TO or RY.TO.
Correlation
The correlation between IAG.TO and RY.TO is 0.40, 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.
Performance
IAG.TO vs. RY.TO - Performance Comparison
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Key characteristics
IAG.TO:
1.90
RY.TO:
1.38
IAG.TO:
2.99
RY.TO:
2.03
IAG.TO:
1.45
RY.TO:
1.28
IAG.TO:
0.61
RY.TO:
1.72
IAG.TO:
12.92
RY.TO:
5.32
IAG.TO:
4.70%
RY.TO:
4.53%
IAG.TO:
29.19%
RY.TO:
16.84%
IAG.TO:
-100.00%
RY.TO:
-70.56%
IAG.TO:
-99.98%
RY.TO:
-5.34%
Fundamentals
IAG.TO:
CA$12.63B
RY.TO:
CA$236.73B
IAG.TO:
CA$9.78
RY.TO:
CA$12.28
IAG.TO:
13.84
RY.TO:
13.65
IAG.TO:
0.85
RY.TO:
2.12
IAG.TO:
1.60
RY.TO:
4.14
IAG.TO:
1.67
RY.TO:
1.91
IAG.TO:
CA$8.66B
RY.TO:
CA$45.76B
IAG.TO:
CA$6.68B
RY.TO:
CA$34.16B
IAG.TO:
CA$816.00M
RY.TO:
CA$6.19B
Returns By Period
In the year-to-date period, IAG.TO achieves a 2.17% return, which is significantly higher than RY.TO's -1.60% return. Over the past 10 years, IAG.TO has outperformed RY.TO with an annualized return of 15.85%, while RY.TO has yielded a comparatively lower 12.23% annualized return.
IAG.TO
2.17%
8.90%
7.13%
52.65%
31.66%
15.85%
RY.TO
-1.60%
7.53%
-0.86%
23.04%
19.25%
12.23%
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Risk-Adjusted Performance
IAG.TO vs. RY.TO — Risk-Adjusted Performance Rank
IAG.TO
RY.TO
IAG.TO vs. RY.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iA Financial Corporation Inc. (IAG.TO) 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.
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Dividends
IAG.TO vs. RY.TO - Dividend Comparison
IAG.TO's dividend yield for the trailing twelve months is around 2.54%, less than RY.TO's 3.46% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IAG.TO iA Financial Corporation Inc. | 2.54% | 2.52% | 3.31% | 3.31% | 2.90% | 3.54% | 2.47% | 3.65% | 2.39% | 2.36% | 2.63% | 2.39% |
RY.TO Royal Bank of Canada | 3.46% | 3.23% | 3.99% | 3.90% | 3.22% | 4.10% | 3.96% | 4.03% | 3.39% | 3.57% | 4.15% | 3.54% |
Drawdowns
IAG.TO vs. RY.TO - Drawdown Comparison
The maximum IAG.TO drawdown since its inception was -100.00%, which is greater than RY.TO's maximum drawdown of -70.56%. Use the drawdown chart below to compare losses from any high point for IAG.TO and RY.TO. For additional features, visit the drawdowns tool.
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Volatility
IAG.TO vs. RY.TO - Volatility Comparison
iA Financial Corporation Inc. (IAG.TO) has a higher volatility of 8.37% compared to Royal Bank of Canada (RY.TO) at 6.22%. This indicates that IAG.TO'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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Financials
IAG.TO vs. RY.TO - Financials Comparison
This section allows you to compare key financial metrics between iA Financial Corporation Inc. 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