IFS vs. CM
IFS (Intercorp Financial Services Inc.) and CM (Canadian Imperial Bank of Commerce) are both stocks. Both are in the Financial Services sector — IFS in Banks - Regional, CM in Banks - Diversified. Over the past 5 years, IFS returned 29.19%/yr vs 20.95%/yr for CM. Their 0.31 correlation means their historical movements had little consistent relationship.
Performance
IFS vs. CM - Performance Comparison
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Returns By Period
In the year-to-date period, IFS achieves a 39.06% return, which is significantly higher than CM's 30.20% return.
IFS
- 1D
- -2.46%
- 1M
- 0.52%
- 6M
- 20.12%
- YTD
- 39.06%
- 1Y
- 62.05%
- 3Y*
- 36.68%
- 5Y*
- 29.19%
- 10Y*
- —
- ALL TIME*
- 10.50%
CM
- 1D
- -3.00%
- 1M
- 2.34%
- 6M
- 26.67%
- YTD
- 30.20%
- 1Y
- 65.55%
- 3Y*
- 45.03%
- 5Y*
- 20.95%
- 10Y*
- 18.09%
- ALL TIME*
- 13.73%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $121.96M | $145.65M | $151.19M | |
| $9.78M | $10.50M | $14.88M |
IFS vs. CM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IFS Intercorp Financial Services Inc. | 39.06% | 49.00% | 39.89% | -1.52% | -5.41% | -13.75% | -16.06% | 2.61% |
CM Canadian Imperial Bank of Commerce | 30.20% | 49.02% | 37.83% | 27.23% | -25.71% | 42.29% | 9.25% | 14.63% |
Correlation
The correlation between IFS and CM is 0.33, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.33 |
Correlation (3Y) Balances recent behavior with more history. | 0.29 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.35 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2019 | 0.31 |
Fundamentals
IFS:
$6.29B
CM:
$107.70B
IFS:
PEN 18.65
CM:
CA$12.14
IFS:
10.30
CM:
13.50
IFS:
1.80
CM:
1.67
IFS:
2.17
CM:
2.14
IFS:
1.78
CM:
1.91
IFS:
PEN 9.79B
CM:
CA$61.84B
IFS:
PEN 6.59B
CM:
CA$28.74B
IFS:
PEN 2.86B
CM:
CA$13.01B
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Return for Risk
IFS vs. CM — Risk / Return Rank
IFS
CM
IFS vs. CM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Intercorp Financial Services Inc. (IFS) and Canadian Imperial Bank of Commerce (CM). 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.
| IFS | CM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.46 | ||
| Sortino ratioReturn per unit of downside risk | -1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.54 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 4.65 | 6.11 | -1.45 |
| Martin ratioReturn relative to average drawdown | 11.81 | 24.07 | -12.26 |
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Drawdowns
IFS vs. CM - Drawdown Comparison
The maximum IFS drawdown since its inception was -55.33%, smaller than the maximum CM drawdown of -71.70%. Use the drawdown chart below to compare losses from any high point for IFS and CM.
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Drawdown Indicators
| IFS | CM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.33% | -71.70% | +16.37% |
Max Drawdown (1Y)Largest decline over 1 year | -13.40% | -10.79% | -2.61% |
Max Drawdown (3Y)Largest decline over 3 years | -28.42% | -19.43% | -8.99% |
Max Drawdown (5Y)Largest decline over 5 years | -44.33% | -40.61% | -3.72% |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.82% | — |
Current DrawdownCurrent decline from peak | -6.74% | -4.13% | -2.61% |
Average DrawdownAverage peak-to-trough decline | -24.36% | -14.60% | -9.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.27% | 2.73% | +2.54% |
Volatility
IFS vs. CM - Volatility Comparison
Intercorp Financial Services Inc. (IFS) has a higher volatility of 7.76% compared to Canadian Imperial Bank of Commerce (CM) at 6.68%. This indicates that IFS's price experiences larger fluctuations and is considered to be riskier than CM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IFS | CM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.76% | 6.68% | +1.08% |
Volatility (6M)Calculated over the trailing 6-month period | 28.06% | 16.65% | +11.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.43% | 19.93% | +13.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.60% | 21.50% | +11.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.20% | 22.64% | +14.56% |
Dividends
IFS vs. CM - Dividend Comparison
IFS's dividend yield for the trailing twelve months is around 3.18%, more than CM's 2.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CM Canadian Imperial Bank of Commerce | 2.59% | 3.17% | 4.21% | 5.88% | 7.77% | 4.08% | 5.06% | 6.47% | 5.48% | 5.28% | 5.93% | 6.71% |
IFS Intercorp Financial Services Inc. | 3.18% | 2.36% | 3.41% | 5.38% | 7.45% | 5.38% | 5.41% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
IFS vs. CM - Financials Comparison
This section allows you to compare key financial metrics between Intercorp Financial Services Inc. 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
IFS vs. CM - Profitability Comparison
IFS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Intercorp Financial Services Inc. reported a gross profit of 2.34B and revenue of 3.07B. Therefore, the gross margin over that period was 76.3%.
CM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Canadian Imperial Bank of Commerce reported a gross profit of 7.36B and revenue of 15.22B. Therefore, the gross margin over that period was 48.4%.
IFS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Intercorp Financial Services Inc. reported an operating income of 754.64M and revenue of 3.07B, resulting in an operating margin of 24.6%.
CM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Canadian Imperial Bank of Commerce reported an operating income of 3.20B and revenue of 15.22B, resulting in an operating margin of 21.0%.
IFS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Intercorp Financial Services Inc. reported a net income of 597.27M and revenue of 3.07B, resulting in a net margin of 19.5%.
CM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Canadian Imperial Bank of Commerce reported a net income of 2.46B and revenue of 15.22B, resulting in a net margin of 16.1%.
Frequently Asked Questions
IFS and CM have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IFS has higher volatility (7.76%) compared to CM (6.68%). In terms of maximum drawdown, IFS dropped -55.33% vs CM's -71.70%.
CM currently has the higher Sharpe Ratio (3.32 vs 1.87), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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