RY.TO vs. BBD-A.TO
RY.TO (Royal Bank of Canada) and BBD-A.TO (Bombardier Inc) are both stocks. RY.TO operates in Banks - Diversified (Financial Services), while BBD-A.TO operates in Aerospace & Defense (Industrials). Over the past 10 years, RY.TO returned 17.63%/yr vs 18.72%/yr for BBD-A.TO. At a 0.31 correlation, their price movements are largely independent.
Performance
RY.TO vs. BBD-A.TO - Performance Comparison
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Returns By Period
In the year-to-date period, RY.TO achieves a 18.14% return, which is significantly lower than BBD-A.TO's 30.82% return. Over the past 10 years, RY.TO has underperformed BBD-A.TO with an annualized return of 17.63%, while BBD-A.TO has yielded a comparatively higher 18.72% annualized return.
RY.TO
- 1D
- 0.75%
- 1M
- 9.58%
- YTD
- 18.14%
- 6M
- 22.08%
- 1Y
- 60.90%
- 3Y*
- 34.84%
- 5Y*
- 21.23%
- 10Y*
- 17.63%
BBD-A.TO
- 1D
- -0.15%
- 1M
- 4.33%
- YTD
- 30.82%
- 6M
- 32.36%
- 1Y
- 202.38%
- 3Y*
- 72.33%
- 5Y*
- 56.93%
- 10Y*
- 18.72%
RY.TO vs. BBD-A.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RY.TO Royal Bank of Canada | 18.14% | 39.60% | 34.37% | 9.80% | -1.52% | 33.09% | 6.52% | 14.33% | -5.50% | 17.12% |
BBD-A.TO Bombardier Inc | 30.82% | 139.44% | 81.98% | 0.96% | 22.36% | 110.98% | -57.73% | -6.73% | -31.80% | 30.90% |
Correlation
The correlation between RY.TO and BBD-A.TO is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2006 | 0.31 |
The correlation between RY.TO and BBD-A.TO shifts across timeframes, from 0.29 (10 years) to 0.42 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
RY.TO:
CA$380.74B
BBD-A.TO:
CA$30.61B
RY.TO:
CA$15.77
BBD-A.TO:
CA$9.32
RY.TO:
17.29
BBD-A.TO:
32.68
RY.TO:
2.54
BBD-A.TO:
0.83
RY.TO:
3.18
BBD-A.TO:
3.19
RY.TO:
CA$120.33B
BBD-A.TO:
CA$9.60B
RY.TO:
CA$65.64B
BBD-A.TO:
CA$1.88B
RY.TO:
CA$14.74B
BBD-A.TO:
CA$1.70B
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Return for Risk
RY.TO vs. BBD-A.TO — Risk / Return Rank
RY.TO
BBD-A.TO
RY.TO vs. BBD-A.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Royal Bank of Canada (RY.TO) and Bombardier Inc (BBD-A.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.
| RY.TO | BBD-A.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +1.94 | ||
| Omega ratioGain probability vs. loss probability | 1.82 | 1.57 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 7.53 | 10.97 | -3.43 |
| Martin ratioReturn relative to average drawdown | 27.96 | 33.02 | -5.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RY.TO | BBD-A.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.44 | 3.93 | +0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.43 | 1.08 | +0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.03 | 0.34 | +0.69 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | 0.13 | +0.51 |
Drawdowns
RY.TO vs. BBD-A.TO - Drawdown Comparison
The maximum RY.TO drawdown since its inception was -54.03%, smaller than the maximum BBD-A.TO drawdown of -95.71%. Use the drawdown chart below to compare losses from any high point for RY.TO and BBD-A.TO.
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Drawdown Indicators
| RY.TO | BBD-A.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.03% | -95.71% | +41.68% |
Max Drawdown (1Y)Largest decline over 1 year | -8.12% | -18.57% | +10.45% |
Max Drawdown (3Y)Largest decline over 3 years | -16.00% | -39.01% | +23.01% |
Max Drawdown (5Y)Largest decline over 5 years | -21.21% | -61.30% | +40.09% |
Max Drawdown (10Y)Largest decline over 10 years | -33.84% | -93.09% | +59.25% |
Current DrawdownCurrent decline from peak | 0.00% | -6.40% | +6.40% |
Average DrawdownAverage peak-to-trough decline | -6.72% | -56.36% | +49.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.18% | 6.16% | -3.98% |
Volatility
RY.TO vs. BBD-A.TO - Volatility Comparison
The current volatility for Royal Bank of Canada (RY.TO) is 4.64%, while Bombardier Inc (BBD-A.TO) has a volatility of 12.80%. This indicates that RY.TO experiences smaller price fluctuations and is considered to be less risky than BBD-A.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RY.TO | BBD-A.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.64% | 12.80% | -8.16% |
Volatility (6M)Calculated over the trailing 6-month period | 10.41% | 40.73% | -30.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.81% | 51.96% | -38.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.93% | 53.08% | -38.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.27% | 56.22% | -38.95% |
Dividends
RY.TO vs. BBD-A.TO - Dividend Comparison
RY.TO's dividend yield for the trailing twelve months is around 2.33%, while BBD-A.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBD-A.TO Bombardier Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RY.TO Royal Bank of Canada | 2.33% | 2.58% | 3.23% | 3.99% | 3.90% | 3.22% | 4.10% | 3.96% | 4.03% | 3.39% | 3.57% | 4.15% |
Financials
RY.TO vs. BBD-A.TO - Financials Comparison
This section allows you to compare key financial metrics between Royal Bank of Canada and Bombardier Inc. 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
RY.TO vs. BBD-A.TO - Profitability Comparison
RY.TO - 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 16.52B and revenue of 33.95B. Therefore, the gross margin over that period was 48.7%.
BBD-A.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bombardier Inc reported a gross profit of 245.90M and revenue of 1.57B. Therefore, the gross margin over that period was 15.6%.
RY.TO - 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 33.95B, resulting in an operating margin of 20.9%.
BBD-A.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bombardier Inc reported an operating income of 175.08M and revenue of 1.57B, resulting in an operating margin of 11.1%.
RY.TO - 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 33.95B, resulting in a net margin of 16.2%.
BBD-A.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bombardier Inc reported a net income of 52.13M and revenue of 1.57B, resulting in a net margin of 3.3%.
Frequently Asked Questions
RY.TO and BBD-A.TO have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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