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:
1.73
TD:
-0.62
RY:
2.54
TD:
-0.70
RY:
1.31
TD:
0.90
RY:
2.11
TD:
-0.38
RY:
10.89
TD:
-1.25
RY:
2.45%
TD:
9.52%
RY:
15.46%
TD:
19.10%
RY:
-63.03%
TD:
-64.16%
RY:
-5.70%
TD:
-30.25%
Fundamentals
RY:
$175.36B
TD:
$92.13B
RY:
$7.91
TD:
$3.32
RY:
15.64
TD:
15.83
RY:
3.41
TD:
1.22
RY:
$94.50B
TD:
$87.04B
RY:
$114.69B
TD:
$103.35B
RY:
$7.60B
TD:
$2.01B
Returns By Period
In the year-to-date period, RY achieves a 24.00% return, which is significantly higher than TD's -15.02% return. Over the past 10 years, RY has outperformed TD with an annualized return of 10.05%, while TD has yielded a comparatively lower 5.15% annualized return.
RY
24.00%
-0.88%
18.56%
25.18%
13.25%
10.05%
TD
-15.02%
-6.53%
-0.80%
-14.44%
3.16%
5.15%
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Risk-Adjusted Performance
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 3.39%, less than TD's 5.76% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RY Royal Bank of Canada | 3.39% | 3.93% | 4.12% | 3.28% | 3.86% | 3.88% | 4.29% | 3.28% | 3.59% | 4.54% | 3.73% | 3.69% |
TD The Toronto-Dominion Bank | 5.76% | 4.40% | 4.24% | 3.27% | 4.10% | 3.89% | 4.09% | 3.08% | 3.29% | 4.07% | 3.54% | 3.35% |
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
The current volatility for Royal Bank of Canada (RY) is 5.43%, while The Toronto-Dominion Bank (TD) has a volatility of 7.88%. This indicates that RY experiences smaller price fluctuations and is considered to be less risky than TD based on this measure. 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