IGM.TO vs. OVCHY
IGM.TO (IGM Financial Inc.) and OVCHY (Overseas Chinese Banking Corp Ltd ADR) are both stocks. Both are in the Financial Services sector — IGM.TO in Asset Management, OVCHY in Banks - Regional. Over the past 10 years, IGM.TO returned 14.85%/yr vs 18.21%/yr for OVCHY. At a 0.20 correlation, their price movements are largely independent.
Performance
IGM.TO vs. OVCHY - Performance Comparison
Loading charts...
Different Trading Currencies
IGM.TO is traded in CAD, while OVCHY is traded in USD. To make them comparable, the OVCHY values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IGM.TO achieves a 32.86% return, which is significantly higher than OVCHY's 23.31% return. Over the past 10 years, IGM.TO has underperformed OVCHY with an annualized return of 14.85%, while OVCHY has yielded a comparatively higher 18.21% annualized return.
IGM.TO
- 1D
- 1.09%
- 1M
- 5.42%
- YTD
- 32.86%
- 6M
- 40.45%
- 1Y
- 92.94%
- 3Y*
- 33.72%
- 5Y*
- 19.16%
- 10Y*
- 14.85%
OVCHY
- 1D
- -1.00%
- 1M
- 6.48%
- YTD
- 23.31%
- 6M
- 31.77%
- 1Y
- 55.56%
- 3Y*
- 35.88%
- 5Y*
- 24.01%
- 10Y*
- 18.21%
IGM.TO vs. OVCHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGM.TO IGM Financial Inc. | 32.86% | 40.97% | 38.86% | -1.67% | -12.00% | 39.16% | -0.02% | 27.73% | -25.10% | 22.04% |
OVCHY Overseas Chinese Banking Corp Ltd ADR | 23.31% | 27.81% | 44.33% | 12.79% | 18.84% | 14.24% | -3.56% | -3.02% | -0.64% | 48.55% |
Correlation
The correlation between IGM.TO and OVCHY is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2010 | 0.20 |
Fundamentals
IGM.TO:
CA$19.18B
OVCHY:
$82.88B
IGM.TO:
CA$4.86
OVCHY:
$4.85
IGM.TO:
16.73
OVCHY:
7.53
IGM.TO:
3.13
OVCHY:
0.67
IGM.TO:
5.01
OVCHY:
3.17
IGM.TO:
2.14
OVCHY:
1.34
IGM.TO:
CA$3.84B
OVCHY:
$26.07B
IGM.TO:
CA$1.57B
OVCHY:
$26.07B
IGM.TO:
CA$1.66B
OVCHY:
$13.10B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IGM.TO vs. OVCHY — Risk / Return Rank
IGM.TO
OVCHY
IGM.TO vs. OVCHY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IGM Financial Inc. (IGM.TO) and Overseas Chinese Banking Corp Ltd ADR (OVCHY). 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.
| IGM.TO | OVCHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.61 | ||
| Sortino ratioReturn per unit of downside risk | +1.84 | ||
| Omega ratioGain probability vs. loss probability | 1.73 | 1.44 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 8.69 | 7.46 | +1.23 |
| Martin ratioReturn relative to average drawdown | 38.48 | 19.14 | +19.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IGM.TO | OVCHY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.15 | 2.54 | +1.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.92 | 0.99 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | 0.72 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.54 | -0.17 |
Drawdowns
IGM.TO vs. OVCHY - Drawdown Comparison
The maximum IGM.TO drawdown since its inception was -51.72%, which is greater than OVCHY's maximum drawdown of -38.79%. Use the drawdown chart below to compare losses from any high point for IGM.TO and OVCHY.
Loading charts...
Drawdown Indicators
| IGM.TO | OVCHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.72% | -38.79% | -12.93% |
Max Drawdown (1Y)Largest decline over 1 year | -10.75% | -7.48% | -3.27% |
Max Drawdown (3Y)Largest decline over 3 years | -25.61% | -17.89% | -7.72% |
Max Drawdown (5Y)Largest decline over 5 years | -32.58% | -17.89% | -14.69% |
Max Drawdown (10Y)Largest decline over 10 years | -47.65% | -38.79% | -8.86% |
Current DrawdownCurrent decline from peak | 0.00% | -3.71% | +3.71% |
Average DrawdownAverage peak-to-trough decline | -13.11% | -8.24% | -4.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.45% | 2.91% | -0.46% |
Volatility
IGM.TO vs. OVCHY - Volatility Comparison
IGM Financial Inc. (IGM.TO) has a higher volatility of 5.60% compared to Overseas Chinese Banking Corp Ltd ADR (OVCHY) at 4.99%. This indicates that IGM.TO's price experiences larger fluctuations and is considered to be riskier than OVCHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IGM.TO | OVCHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.60% | 4.99% | +0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 18.97% | 13.21% | +5.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.50% | 22.00% | +0.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.05% | 24.43% | -3.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.45% | 25.51% | -3.06% |
Dividends
IGM.TO vs. OVCHY - Dividend Comparison
IGM.TO's dividend yield for the trailing twelve months is around 2.84%, less than OVCHY's 4.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGM.TO IGM Financial Inc. | 2.84% | 3.64% | 4.90% | 6.43% | 5.96% | 4.93% | 6.52% | 6.04% | 7.25% | 5.14% | 5.91% | 8.07% |
OVCHY Overseas Chinese Banking Corp Ltd ADR | 4.21% | 4.78% | 5.25% | 6.07% | 4.55% | 3.35% | 3.79% | 3.83% | 3.08% | 3.93% | 8.07% | 3.64% |
Financials
IGM.TO vs. OVCHY - Financials Comparison
This section allows you to compare key financial metrics between IGM Financial Inc. and Overseas Chinese Banking Corp Ltd ADR. 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
IGM.TO vs. OVCHY - Profitability Comparison
IGM.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, IGM Financial Inc. reported a gross profit of 509.55M and revenue of 925.05M. Therefore, the gross margin over that period was 55.1%.
OVCHY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Overseas Chinese Banking Corp Ltd ADR reported a gross profit of 8.70B and revenue of 8.70B. Therefore, the gross margin over that period was 100.0%.
IGM.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, IGM Financial Inc. reported an operating income of 330.21M and revenue of 925.05M, resulting in an operating margin of 35.7%.
OVCHY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Overseas Chinese Banking Corp Ltd ADR reported an operating income of 4.51B and revenue of 8.70B, resulting in an operating margin of 51.8%.
IGM.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, IGM Financial Inc. reported a net income of 283.82M and revenue of 925.05M, resulting in a net margin of 30.7%.
OVCHY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Overseas Chinese Banking Corp Ltd ADR reported a net income of 3.71B and revenue of 8.70B, resulting in a net margin of 42.6%.
Frequently Asked Questions
IGM.TO and OVCHY have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for IGM.TO and OVCHY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer