RY.TO vs. TD.TO
Compare and contrast key facts about Royal Bank of Canada (RY.TO) and The Toronto-Dominion Bank (TD.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RY.TO or TD.TO.
Key characteristics
RY.TO | TD.TO | |
---|---|---|
YTD Return | 4.84% | -10.47% |
1Y Return | 10.51% | -3.85% |
3Y Return (Ann) | 8.70% | 0.30% |
5Y Return (Ann) | 8.66% | 4.00% |
10Y Return (Ann) | 9.97% | 8.00% |
Sharpe Ratio | 0.64 | -0.21 |
Daily Std Dev | 13.97% | 17.19% |
Max Drawdown | -54.32% | -54.79% |
Current Drawdown | -0.38% | -23.24% |
Fundamentals
RY.TO | TD.TO | |
---|---|---|
Market Cap | CA$189.66B | CA$143.58B |
EPS | CA$10.77 | CA$6.33 |
PE Ratio | 12.46 | 12.83 |
PEG Ratio | 3.32 | 1.09 |
Revenue (TTM) | CA$53.51B | CA$50.40B |
Gross Profit (TTM) | CA$48.50B | CA$47.74B |
Correlation
The correlation between RY.TO and TD.TO is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
RY.TO vs. TD.TO - Performance Comparison
In the year-to-date period, RY.TO achieves a 4.84% return, which is significantly higher than TD.TO's -10.47% return. Over the past 10 years, RY.TO has outperformed TD.TO with an annualized return of 9.97%, while TD.TO has yielded a comparatively lower 8.00% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
RY.TO vs. TD.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Royal Bank of Canada (RY.TO) and The Toronto-Dominion Bank (TD.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.
Dividends
RY.TO vs. TD.TO - Dividend Comparison
RY.TO's dividend yield for the trailing twelve months is around 2.92%, less than TD.TO's 5.29% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Royal Bank of Canada | 2.92% | 2.96% | 3.01% | 2.56% | 3.05% | 3.23% | 3.13% | 2.64% | 2.70% | 3.24% | 3.21% | 3.41% |
The Toronto-Dominion Bank | 5.29% | 4.48% | 4.06% | 3.26% | 4.32% | 3.97% | 3.85% | 3.19% | 3.26% | 3.69% | 3.31% | 3.24% |
Drawdowns
RY.TO vs. TD.TO - Drawdown Comparison
The maximum RY.TO drawdown since its inception was -54.32%, roughly equal to the maximum TD.TO drawdown of -54.79%. Use the drawdown chart below to compare losses from any high point for RY.TO and TD.TO. For additional features, visit the drawdowns tool.
Volatility
RY.TO vs. TD.TO - Volatility Comparison
The current volatility for Royal Bank of Canada (RY.TO) is 5.39%, while The Toronto-Dominion Bank (TD.TO) has a volatility of 7.58%. This indicates that RY.TO experiences smaller price fluctuations and is considered to be less risky than TD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
RY.TO vs. TD.TO - Financials Comparison
This section allows you to compare key financial metrics between Royal Bank of Canada and The Toronto-Dominion Bank. 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