RY vs. CU.TO
RY (Royal Bank of Canada) and CU.TO (Canadian Utilities Limited) are both stocks. RY operates in Banks - Diversified (Financial Services), while CU.TO operates in Utilities - Diversified (Utilities). Over the past 10 years, RY returned 16.63%/yr vs 7.07%/yr for CU.TO. At a 0.27 correlation, their price movements are largely independent.
Performance
RY vs. CU.TO - Performance Comparison
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Different Trading Currencies
RY is traded in USD, while CU.TO is traded in CAD. To make them comparable, the CU.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, RY achieves a 16.17% return, which is significantly lower than CU.TO's 18.46% return. Over the past 10 years, RY has outperformed CU.TO with an annualized return of 16.63%, while CU.TO has yielded a comparatively lower 7.07% annualized return.
RY
- 1D
- 0.66%
- 1M
- 7.51%
- YTD
- 16.17%
- 6M
- 21.22%
- 1Y
- 57.80%
- 3Y*
- 33.05%
- 5Y*
- 17.96%
- 10Y*
- 16.63%
CU.TO
- 1D
- -1.23%
- 1M
- 2.70%
- YTD
- 18.46%
- 6M
- 22.90%
- 1Y
- 37.32%
- 3Y*
- 16.08%
- 5Y*
- 9.60%
- 10Y*
- 7.07%
RY vs. CU.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RY Royal Bank of Canada | 16.17% | 46.29% | 23.80% | 12.72% | -8.00% | 34.11% | 8.42% | 20.17% | -12.88% | 24.95% |
CU.TO Canadian Utilities Limited | 18.46% | 34.91% | 6.59% | -6.00% | -1.52% | 24.20% | -14.50% | 36.63% | -18.99% | 15.07% |
Correlation
The correlation between RY and CU.TO is -0.09, 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 | -0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2006 | 0.27 |
The correlation between RY and CU.TO shifts across timeframes, from -0.09 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.
Fundamentals
RY:
$200.68B
CU.TO:
CA$13.78B
RY:
$18.17
CU.TO:
CA$0.39
RY:
10.75
CU.TO:
128.56
RY:
1.71
CU.TO:
3.73
RY:
1.55
CU.TO:
2.75
RY:
$138.99B
CU.TO:
CA$3.69B
RY:
$65.64B
CU.TO:
CA$905.00M
RY:
$30.01B
CU.TO:
CA$1.82B
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Return for Risk
RY vs. CU.TO — Risk / Return Rank
RY
CU.TO
RY vs. CU.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Royal Bank of Canada (RY) and Canadian Utilities Limited (CU.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 | CU.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.13 | ||
| Sortino ratioReturn per unit of downside risk | +1.80 | ||
| Omega ratioGain probability vs. loss probability | 1.68 | 1.52 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 5.79 | 6.13 | -0.34 |
| Martin ratioReturn relative to average drawdown | 21.54 | 18.80 | +2.74 |
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 | CU.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.86 | 2.72 | +1.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.00 | 0.61 | +0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | 0.36 | +0.49 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | 0.41 | +0.24 |
Drawdowns
RY vs. CU.TO - Drawdown Comparison
The maximum RY drawdown since its inception was -62.90%, which is greater than CU.TO's maximum drawdown of -47.34%. Use the drawdown chart below to compare losses from any high point for RY and CU.TO.
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Drawdown Indicators
| RY | CU.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.90% | -47.34% | -15.56% |
Max Drawdown (1Y)Largest decline over 1 year | -10.04% | -6.12% | -3.92% |
Max Drawdown (3Y)Largest decline over 3 years | -19.88% | -21.85% | +1.97% |
Max Drawdown (5Y)Largest decline over 5 years | -28.36% | -31.59% | +3.23% |
Max Drawdown (10Y)Largest decline over 10 years | -39.95% | -44.86% | +4.91% |
Current DrawdownCurrent decline from peak | 0.00% | -1.23% | +1.23% |
Average DrawdownAverage peak-to-trough decline | -9.32% | -14.27% | +4.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.69% | 1.99% | +0.70% |
Volatility
RY vs. CU.TO - Volatility Comparison
Royal Bank of Canada (RY) and Canadian Utilities Limited (CU.TO) have volatilities of 4.34% and 4.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RY | CU.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.34% | 4.17% | +0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 11.36% | 11.09% | +0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.09% | 13.79% | +1.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.00% | 15.91% | +2.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.77% | 19.79% | -0.02% |
Dividends
RY vs. CU.TO - Dividend Comparison
RY's dividend yield for the trailing twelve months is around 2.37%, less than CU.TO's 3.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CU.TO Canadian Utilities Limited | 3.64% | 4.28% | 5.20% | 5.63% | 4.85% | 4.79% | 5.60% | 4.32% | 5.02% | 3.82% | 3.59% | 3.69% |
RY Royal Bank of Canada | 2.37% | 2.54% | 3.39% | 4.29% | 4.07% | 3.24% | 3.88% | 3.88% | 4.27% | 3.22% | 3.95% | 5.41% |
Financials
RY vs. CU.TO - Financials Comparison
This section allows you to compare key financial metrics between Royal Bank of Canada and Canadian Utilities Limited. 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 vs. CU.TO - Profitability Comparison
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%.
CU.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Canadian Utilities Limited reported a gross profit of 474.00M and revenue of 1.08B. Therefore, the gross margin over that period was 43.7%.
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%.
CU.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Canadian Utilities Limited reported an operating income of 393.00M and revenue of 1.08B, resulting in an operating margin of 36.3%.
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%.
CU.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Canadian Utilities Limited reported a net income of 224.00M and revenue of 1.08B, resulting in a net margin of 20.7%.
Frequently Asked Questions
RY and CU.TO have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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