NA vs. TD

Last updated Jun 4, 2026

NA (Nano Labs Ltd (NA)) and TD (The Toronto-Dominion Bank) are both stocks. NA operates in Semiconductors (Technology), while TD operates in Banks - Diversified (Financial Services). Over the past 3 years, NA returned -52.49%/yr vs 30.08%/yr for TD. At a 0.13 correlation, their price movements are largely independent.

Performance

NA vs. TD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nano Labs Ltd (NA) (NA) and The Toronto-Dominion Bank (TD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NA achieves a -26.83% return, which is significantly lower than TD's 21.22% return.

NA

• 1D: -7.80%
• 1M: 12.71%
• YTD: -26.83%
• 6M: -44.05%
• 1Y: -39.18%
• 3Y*: -52.49%
• 5Y*: —
• 10Y*: —

TD

• 1D: -0.85%
• 1M: 5.75%
• YTD: 21.22%
• 6M: 35.34%
• 1Y: 66.49%
• 3Y*: 30.08%
• 5Y*: 13.99%
• 10Y*: 14.46%

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

NA vs. TD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
NA Nano Labs Ltd (NA)	-26.83%	-64.81%	-50.55%	57.40%	-90.46%
TD The Toronto-Dominion Bank	21.22%	85.32%	-13.40%	5.04%	5.39%

Correlation

The correlation between NA and TD is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (All Time) Calculated using the full available price history since Jul 13, 2022	0.13

Fundamentals

EPS NA : -$3.81 TD : $10.11
PS Ratio NA : 1.58 TD : 1.47
Total Revenue (TTM) NA : $24.14M TD : $112.63B
Gross Profit (TTM) NA : $11.78M TD : $59.49B
EBITDA (TTM) NA : -$55.00M TD : $19.99B

Return for Risk

NA vs. TD — Risk / Return Rank

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

NA

NA Risk / Return Rank: 35
NA Sharpe Ratio Rank: 30
NA Sortino Ratio Rank: 43
NA Omega Ratio Rank: 43
NA Calmar Ratio Rank: 26
NA Martin Ratio Rank: 31

TD

TD Risk / Return Rank: 97
TD Sharpe Ratio Rank: 97
TD Sortino Ratio Rank: 98
TD Omega Ratio Rank: 97
TD Calmar Ratio Rank: 96
TD 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.

NA vs. TD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nano Labs Ltd (NA) (NA) and The Toronto-Dominion Bank (TD). 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.

	NA	TD	Difference
Sharpe ratio Return per unit of total volatility	-0.27	4.05	-4.32
Sortino ratio Return per unit of downside risk	0.55	5.12	-4.57
Omega ratio Gain probability vs. loss probability	1.07	1.66	-0.60
Calmar ratio Return relative to maximum drawdown	-0.44	8.91	-9.35
Martin ratio Return relative to average drawdown	-0.56	34.77	-35.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NA vs. TD - Sharpe Ratio Comparison

The current NA Sharpe Ratio is -0.27, which is lower than the TD Sharpe Ratio of 4.05. The chart below compares the historical Sharpe Ratios of NA and TD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NA	TD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.27	4.05	-4.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.71	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.67	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.38	0.60	-0.99

Drawdowns

NA vs. TD - Drawdown Comparison

The maximum NA drawdown since its inception was -98.67%, which is greater than TD's maximum drawdown of -64.18%. Use the drawdown chart below to compare losses from any high point for NA and TD.

Drawdown Indicators

	NA	TD	Difference
Max Drawdown Largest peak-to-trough decline	-98.67%	-64.18%	-34.49%
Max Drawdown (1Y) Largest decline over 1 year	-89.19%	-7.50%	-81.69%
Max Drawdown (3Y) Largest decline over 3 years	-94.10%	-19.19%	-74.91%
Max Drawdown (5Y) Largest decline over 5 years	—	-30.93%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-41.98%	—
Current Drawdown Current decline from peak	-98.09%	-1.07%	-97.02%
Average Drawdown Average peak-to-trough decline	-90.17%	-11.23%	-78.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	70.02%	1.92%	+68.10%

Volatility

NA vs. TD - Volatility Comparison

Nano Labs Ltd (NA) (NA) has a higher volatility of 42.62% compared to The Toronto-Dominion Bank (TD) at 5.57%. This indicates that NA's price experiences larger fluctuations and is considered to be riskier than TD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NA	TD	Difference
Volatility (1M) Calculated over the trailing 1-month period	42.62%	5.57%	+37.05%
Volatility (6M) Calculated over the trailing 6-month period	71.07%	12.99%	+58.08%
Volatility (1Y) Calculated over the trailing 1-year period	146.47%	16.53%	+129.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	166.82%	19.82%	+147.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	166.82%	21.72%	+145.10%

Dividends

NA vs. TD - Dividend Comparison

NA has not paid dividends to shareholders, while TD's dividend yield for the trailing twelve months is around 2.74%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NA Nano Labs Ltd (NA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TD The Toronto-Dominion Bank	2.74%	3.17%	5.65%	4.80%	4.24%	3.27%	4.10%	3.89%	4.08%	3.03%	3.58%	5.11%

Financials

Frequently Asked Questions

Can I hold both NA and TD in my portfolio?

NA and TD have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NA or TD?

NA has higher volatility (42.62%) compared to TD (5.57%). In terms of maximum drawdown, NA dropped -98.67% vs TD's -64.18%.

Which has better risk-adjusted returns?

TD currently has the higher Sharpe Ratio (4.05 vs -0.27), 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.