RY vs. PEY.TO
RY (Royal Bank of Canada) and PEY.TO (Peyto Exploration & Development Corp.) are both stocks. RY operates in Banks - Diversified (Financial Services), while PEY.TO operates in Oil & Gas E&P (Energy). Over the past 10 years, RY returned 17.18%/yr vs 2.26%/yr for PEY.TO. At a 0.30 correlation, their price movements are largely independent.
Performance
RY vs. PEY.TO - Performance Comparison
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Different Trading Currencies
RY is traded in USD, while PEY.TO is traded in CAD. To make them comparable, the PEY.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 18.68% return, which is significantly higher than PEY.TO's 11.42% return. Over the past 10 years, RY has outperformed PEY.TO with an annualized return of 17.18%, while PEY.TO has yielded a comparatively lower 2.26% annualized return.
RY
- 1D
- 0.14%
- 1M
- 8.80%
- YTD
- 18.68%
- 6M
- 21.99%
- 1Y
- 60.93%
- 3Y*
- 33.55%
- 5Y*
- 18.33%
- 10Y*
- 17.18%
PEY.TO
- 1D
- -0.26%
- 1M
- -6.94%
- YTD
- 11.42%
- 6M
- 11.29%
- 1Y
- 26.58%
- 3Y*
- 41.87%
- 5Y*
- 34.15%
- 10Y*
- 2.26%
RY vs. PEY.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RY Royal Bank of Canada | 18.68% | 46.29% | 23.80% | 12.72% | -8.00% | 34.11% | 8.42% | 20.17% | -12.88% | 24.95% |
PEY.TO Peyto Exploration & Development Corp. | 11.42% | 48.94% | 43.34% | -0.98% | 44.91% | 228.33% | -17.82% | -40.46% | -53.44% | -48.37% |
Correlation
The correlation between RY and PEY.TO 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 | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2006 | 0.30 |
The correlation between RY and PEY.TO shifts across timeframes, from -0.05 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.
Fundamentals
RY:
$205.02B
PEY.TO:
CA$5.26B
RY:
CA$18.17
PEY.TO:
CA$2.32
RY:
15.35
PEY.TO:
10.88
RY:
2.22
PEY.TO:
0.28
RY:
2.45
PEY.TO:
4.40
RY:
2.21
PEY.TO:
1.76
RY:
CA$138.99B
PEY.TO:
CA$1.18B
RY:
CA$65.64B
PEY.TO:
CA$617.43M
RY:
CA$30.01B
PEY.TO:
CA$989.15M
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Return for Risk
RY vs. PEY.TO — Risk / Return Rank
RY
PEY.TO
RY vs. PEY.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Royal Bank of Canada (RY) and Peyto Exploration & Development Corp. (PEY.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.
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.
| RY | PEY.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.90 | ||
| Sortino ratioReturn per unit of downside risk | +4.15 | ||
| Omega ratioGain probability vs. loss probability | 1.70 | 1.19 | +0.51 |
| Calmar ratioReturn relative to maximum drawdown | 5.97 | 1.72 | +4.25 |
| Martin ratioReturn relative to average drawdown | 22.22 | 3.77 | +18.44 |
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Drawdowns
RY vs. PEY.TO - Drawdown Comparison
The maximum RY drawdown since its inception was -62.90%, smaller than the maximum PEY.TO drawdown of -97.31%. Use the drawdown chart below to compare losses from any high point for RY and PEY.TO.
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Drawdown Indicators
| RY | PEY.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.90% | -97.31% | +34.41% |
Max Drawdown (1Y)Largest decline over 1 year | -10.04% | -17.22% | +7.18% |
Max Drawdown (3Y)Largest decline over 3 years | -19.88% | -22.89% | +3.01% |
Max Drawdown (5Y)Largest decline over 5 years | -28.36% | -45.19% | +16.83% |
Max Drawdown (10Y)Largest decline over 10 years | -39.95% | -96.88% | +56.93% |
Current DrawdownCurrent decline from peak | 0.00% | -13.84% | +13.84% |
Average DrawdownAverage peak-to-trough decline | -9.32% | -41.14% | +31.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.69% | 7.83% | -5.14% |
Volatility
RY vs. PEY.TO - Volatility Comparison
The current volatility for Royal Bank of Canada (RY) is 4.01%, while Peyto Exploration & Development Corp. (PEY.TO) has a volatility of 8.46%. This indicates that RY experiences smaller price fluctuations and is considered to be less risky than PEY.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 | PEY.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.01% | 8.46% | -4.45% |
Volatility (6M)Calculated over the trailing 6-month period | 11.34% | 20.56% | -9.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.10% | 27.71% | -12.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.00% | 37.74% | -19.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.76% | 44.00% | -24.24% |
Dividends
RY vs. PEY.TO - Dividend Comparison
RY's dividend yield for the trailing twelve months is around 2.32%, less than PEY.TO's 5.27% 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
RY vs. PEY.TO - Financials Comparison
This section allows you to compare key financial metrics between Royal Bank of Canada and Peyto Exploration & Development Corp.. 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. PEY.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%.
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 - 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 - 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 - 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%.
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%.
Frequently Asked Questions
RY and PEY.TO 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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