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 0.75, 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:
0.83
TD:
0.04
RY:
1.24
TD:
0.17
RY:
1.16
TD:
1.03
RY:
1.03
TD:
0.02
RY:
3.17
TD:
0.09
RY:
4.64%
TD:
8.37%
RY:
17.69%
TD:
19.39%
RY:
-63.05%
TD:
-64.16%
RY:
-12.61%
TD:
-22.82%
Fundamentals
RY:
$158.28B
TD:
$99.92B
RY:
$8.64
TD:
$3.30
RY:
12.84
TD:
17.28
RY:
2.31
TD:
0.81
RY:
$60.45B
TD:
$57.21B
RY:
$60.45B
TD:
$57.21B
RY:
$20.91B
TD:
$16.92B
Returns By Period
In the year-to-date period, RY achieves a -7.17% return, which is significantly lower than TD's 8.60% return. Over the past 10 years, RY has outperformed TD with an annualized return of 10.13%, while TD has yielded a comparatively lower 6.90% annualized return.
RY
-7.17%
-3.62%
-7.86%
12.39%
17.26%
10.13%
TD
8.60%
-4.21%
-8.18%
1.24%
10.88%
6.90%
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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 3.71%, less than TD's 5.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RY Royal Bank of Canada | 3.71% | 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 | 5.20% | 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 -63.05%, 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) has a higher volatility of 7.38% compared to The Toronto-Dominion Bank (TD) at 5.97%. This indicates that RY's price experiences larger fluctuations and is considered to be riskier 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