RY.TO vs. CNC.V
RY.TO (Royal Bank of Canada) and CNC.V (Canada Nickel Company Inc) are both stocks. RY.TO operates in Banks - Diversified (Financial Services), while CNC.V operates in Other Industrial Metals & Mining (Basic Materials). Over the past 5 years, RY.TO returned 21.23%/yr vs -15.98%/yr for CNC.V. At a 0.15 correlation, their price movements are largely independent.
Performance
RY.TO vs. CNC.V - 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 higher than CNC.V's 5.00% 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%
CNC.V
- 1D
- -2.00%
- 1M
- -12.50%
- YTD
- 5.00%
- 6M
- 20.49%
- 1Y
- 47.00%
- 3Y*
- 4.45%
- 5Y*
- -15.98%
- 10Y*
- —
RY.TO vs. CNC.V - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
RY.TO Royal Bank of Canada | 18.14% | 39.60% | 34.37% | 9.80% | -1.52% | 33.09% | 5.71% |
CNC.V Canada Nickel Company Inc | 5.00% | 52.17% | -19.30% | -44.39% | -44.74% | 91.24% | 115.56% |
Correlation
The correlation between RY.TO and CNC.V is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2020 | 0.15 |
Fundamentals
RY.TO:
CA$380.74B
CNC.V:
CA$333.53M
RY.TO:
CA$15.77
CNC.V:
-CA$0.13
RY.TO:
2.94
CNC.V:
1.39
RY.TO:
CA$120.33B
CNC.V:
CA$0.00
RY.TO:
CA$65.64B
CNC.V:
CA$0.00
RY.TO:
CA$14.74B
CNC.V:
-CA$15.27M
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Return for Risk
RY.TO vs. CNC.V — Risk / Return Rank
RY.TO
CNC.V
RY.TO vs. CNC.V - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Royal Bank of Canada (RY.TO) and Canada Nickel Company Inc (CNC.V). 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 | CNC.V | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.76 | ||
| Sortino ratioReturn per unit of downside risk | +4.85 | ||
| Omega ratioGain probability vs. loss probability | 1.82 | 1.18 | +0.64 |
| Calmar ratioReturn relative to maximum drawdown | 7.53 | 1.07 | +6.46 |
| Martin ratioReturn relative to average drawdown | 27.96 | 2.03 | +25.93 |
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 | CNC.V | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.44 | 0.68 | +3.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.43 | -0.27 | +1.70 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.03 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | 0.11 | +0.54 |
Drawdowns
RY.TO vs. CNC.V - Drawdown Comparison
The maximum RY.TO drawdown since its inception was -54.03%, smaller than the maximum CNC.V drawdown of -83.14%. Use the drawdown chart below to compare losses from any high point for RY.TO and CNC.V.
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Drawdown Indicators
| RY.TO | CNC.V | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.03% | -83.14% | +29.11% |
Max Drawdown (1Y)Largest decline over 1 year | -8.12% | -44.09% | +35.97% |
Max Drawdown (3Y)Largest decline over 3 years | -16.00% | -64.25% | +48.25% |
Max Drawdown (5Y)Largest decline over 5 years | -21.21% | -80.68% | +59.47% |
Max Drawdown (10Y)Largest decline over 10 years | -33.84% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -66.51% | +66.51% |
Average DrawdownAverage peak-to-trough decline | -6.72% | -55.12% | +48.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.18% | 23.20% | -21.02% |
Volatility
RY.TO vs. CNC.V - Volatility Comparison
The current volatility for Royal Bank of Canada (RY.TO) is 4.64%, while Canada Nickel Company Inc (CNC.V) has a volatility of 14.01%. This indicates that RY.TO experiences smaller price fluctuations and is considered to be less risky than CNC.V 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 | CNC.V | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.64% | 14.01% | -9.37% |
Volatility (6M)Calculated over the trailing 6-month period | 10.41% | 49.07% | -38.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.81% | 69.74% | -55.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.93% | 60.42% | -45.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.27% | 76.69% | -59.42% |
Dividends
RY.TO vs. CNC.V - Dividend Comparison
RY.TO's dividend yield for the trailing twelve months is around 2.33%, while CNC.V has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNC.V Canada Nickel Company 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. CNC.V - Financials Comparison
This section allows you to compare key financial metrics between Royal Bank of Canada and Canada Nickel Company 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
Frequently Asked Questions
RY.TO and CNC.V have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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