PEY.TO vs. RY
PEY.TO (Peyto Exploration & Development Corp.) and RY (Royal Bank of Canada) are both stocks. PEY.TO operates in Oil & Gas E&P (Energy), while RY operates in Banks - Diversified (Financial Services). Over the past 10 years, PEY.TO returned 3.14%/yr vs 18.19%/yr for RY. At a 0.26 correlation, their price movements are largely independent.
Performance
PEY.TO vs. RY - Performance Comparison
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Different Trading Currencies
PEY.TO is traded in CAD, while RY is traded in USD. To make them comparable, the RY values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, PEY.TO achieves a 13.67% return, which is significantly lower than RY's 21.09% return. Over the past 10 years, PEY.TO has underperformed RY with an annualized return of 3.14%, while RY has yielded a comparatively higher 18.19% annualized return.
PEY.TO
- 1D
- -0.08%
- 1M
- -3.49%
- YTD
- 13.67%
- 6M
- 12.88%
- 1Y
- 30.08%
- 3Y*
- 43.99%
- 5Y*
- 38.08%
- 10Y*
- 3.14%
RY
- 1D
- 0.32%
- 1M
- 10.77%
- YTD
- 21.09%
- 6M
- 23.73%
- 1Y
- 65.38%
- 3Y*
- 35.55%
- 5Y*
- 21.80%
- 10Y*
- 18.19%
PEY.TO vs. RY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PEY.TO Peyto Exploration & Development Corp. | 13.67% | 42.14% | 55.47% | -3.34% | 54.09% | 228.17% | -19.77% | -42.92% | -49.52% | -51.87% |
RY Royal Bank of Canada | 21.09% | 39.61% | 34.28% | 10.04% | -2.17% | 34.05% | 5.85% | 15.22% | -5.56% | 16.49% |
Correlation
The correlation between PEY.TO and RY is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2006 | 0.26 |
The correlation between PEY.TO and RY shifts across timeframes, from -0.05 (1 year) to 0.26 (all time), reflecting how their relationship changes across market environments.
Fundamentals
PEY.TO:
CA$5.26B
RY:
$205.02B
PEY.TO:
CA$2.32
RY:
CA$18.17
PEY.TO:
10.88
RY:
15.35
PEY.TO:
0.28
RY:
2.22
PEY.TO:
4.40
RY:
2.45
PEY.TO:
1.76
RY:
2.21
PEY.TO:
CA$1.18B
RY:
CA$138.99B
PEY.TO:
CA$617.43M
RY:
CA$65.64B
PEY.TO:
CA$989.15M
RY:
CA$30.01B
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Return for Risk
PEY.TO vs. RY — Risk / Return Rank
PEY.TO
RY
PEY.TO vs. RY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Peyto Exploration & Development Corp. (PEY.TO) and Royal Bank of Canada (RY). 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.
| PEY.TO | RY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.89 | ||
| Sortino ratioReturn per unit of downside risk | -3.98 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.72 | -0.51 |
| Calmar ratioReturn relative to maximum drawdown | 1.94 | 7.83 | -5.89 |
| Martin ratioReturn relative to average drawdown | 4.64 | 28.12 | -23.48 |
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Drawdowns
PEY.TO vs. RY - Drawdown Comparison
The maximum PEY.TO drawdown since its inception was -96.56%, which is greater than RY's maximum drawdown of -53.85%. Use the drawdown chart below to compare losses from any high point for PEY.TO and RY.
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Drawdown Indicators
| PEY.TO | RY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.56% | -53.85% | -42.71% |
Max Drawdown (1Y)Largest decline over 1 year | -16.78% | -8.11% | -8.67% |
Max Drawdown (3Y)Largest decline over 3 years | -23.88% | -16.37% | -7.51% |
Max Drawdown (5Y)Largest decline over 5 years | -40.83% | -20.93% | -19.90% |
Max Drawdown (10Y)Largest decline over 10 years | -96.56% | -34.52% | -62.04% |
Current DrawdownCurrent decline from peak | -11.69% | 0.00% | -11.69% |
Average DrawdownAverage peak-to-trough decline | -36.37% | -6.43% | -29.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.99% | 2.26% | +4.73% |
Volatility
PEY.TO vs. RY - Volatility Comparison
Peyto Exploration & Development Corp. (PEY.TO) has a higher volatility of 8.54% compared to Royal Bank of Canada (RY) at 4.29%. This indicates that PEY.TO's price experiences larger fluctuations and is considered to be riskier than RY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PEY.TO | RY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.54% | 4.29% | +4.25% |
Volatility (6M)Calculated over the trailing 6-month period | 20.37% | 11.83% | +8.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.27% | 15.56% | +11.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.10% | 18.61% | +18.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.23% | 20.51% | +22.72% |
Dividends
PEY.TO vs. RY - Dividend Comparison
PEY.TO's dividend yield for the trailing twelve months is around 5.27%, more than RY's 2.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PEY.TO Peyto Exploration & Development Corp. | 5.27% | 5.81% | 7.70% | 10.96% | 4.33% | 1.38% | 3.08% | 6.84% | 10.17% | 8.78% | 3.97% | 5.31% |
RY Royal Bank of Canada | 2.32% | 2.54% | 3.39% | 4.29% | 4.07% | 3.24% | 3.88% | 3.88% | 4.27% | 3.22% | 3.95% | 5.41% |
Financials
PEY.TO vs. RY - Financials Comparison
This section allows you to compare key financial metrics between Peyto Exploration & Development Corp. 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
PEY.TO vs. RY - Profitability Comparison
PEY.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Peyto Exploration & Development Corp. reported a gross profit of 223.35M and revenue of 397.42M. Therefore, the gross margin over that period was 56.2%.
RY - 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 16.51B and revenue of 33.93B. Therefore, the gross margin over that period was 48.7%.
PEY.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Peyto Exploration & Development Corp. reported an operating income of 212.24M and revenue of 397.42M, resulting in an operating margin of 53.4%.
RY - 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 33.93B, resulting in an operating margin of 20.9%.
PEY.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Peyto Exploration & Development Corp. reported a net income of 171.09M and revenue of 397.42M, resulting in a net margin of 43.1%.
RY - 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 33.93B, resulting in a net margin of 16.2%.
Frequently Asked Questions
PEY.TO and RY have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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