RY vs. TD
Compare and contrast key facts about Royal Bank of Canada (RY) and The Toronto-Dominion Bank (TD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RY or TD.
Correlation
The correlation between RY and TD is 0.76, 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 vs. TD - Performance Comparison
Key characteristics
RY:
1.88
TD:
0.08
RY:
2.70
TD:
0.22
RY:
1.34
TD:
1.03
RY:
2.32
TD:
0.05
RY:
10.92
TD:
0.18
RY:
2.69%
TD:
8.54%
RY:
15.54%
TD:
19.00%
RY:
-63.03%
TD:
-64.16%
RY:
-4.51%
TD:
-22.46%
Fundamentals
RY:
$172.91B
TD:
$100.23B
RY:
$7.81
TD:
$3.26
RY:
15.65
TD:
17.57
RY:
3.27
TD:
1.12
RY:
$57.49B
TD:
$55.95B
RY:
$57.49B
TD:
$55.95B
RY:
$27.28B
TD:
$22.69B
Returns By Period
In the year-to-date period, RY achieves a 1.44% return, which is significantly lower than TD's 9.08% return. Over the past 10 years, RY has outperformed TD with an annualized return of 11.50%, while TD has yielded a comparatively lower 7.47% annualized return.
RY
1.44%
1.26%
12.58%
28.33%
12.87%
11.50%
TD
9.08%
11.14%
1.22%
-0.49%
4.95%
7.47%
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Risk-Adjusted Performance
RY vs. TD — Risk-Adjusted Performance Rank
RY
TD
RY vs. TD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Royal Bank of Canada (RY) and The Toronto-Dominion Bank (TD). 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 vs. TD - Dividend Comparison
RY's dividend yield for the trailing twelve months is around 3.34%, less than TD's 5.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RY Royal Bank of Canada | 3.34% | 3.39% | 3.93% | 4.12% | 3.28% | 3.86% | 3.88% | 4.29% | 3.28% | 3.59% | 4.54% | 3.73% |
TD The Toronto-Dominion Bank | 5.22% | 5.65% | 4.40% | 4.24% | 3.27% | 4.10% | 3.89% | 4.09% | 3.08% | 3.29% | 4.07% | 3.54% |
Drawdowns
RY vs. TD - Drawdown Comparison
The maximum RY drawdown since its inception was -63.03%, roughly equal to the maximum TD drawdown of -64.16%. Use the drawdown chart below to compare losses from any high point for RY and TD. For additional features, visit the drawdowns tool.
Volatility
RY vs. TD - Volatility Comparison
Royal Bank of Canada (RY) and The Toronto-Dominion Bank (TD) have volatilities of 4.94% and 5.01%, 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.
Financials
RY vs. TD - 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