RY vs. V

Last updated Apr 2, 2026

Compare and contrast key facts about Royal Bank of Canada (RY) and Visa Inc. (V).

Performance

RY vs. V - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Royal Bank of Canada (RY) and Visa Inc. (V). The values are adjusted to include any dividend payments, if applicable.

RY vs. V - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RY Royal Bank of Canada	-3.47%	46.29%	23.80%	12.72%	-8.00%	34.11%	8.42%	20.17%	-12.88%	24.95%
V Visa Inc.	-14.71%	11.76%	22.32%	26.31%	-3.40%	-0.31%	17.12%	43.33%	16.49%	47.18%

Fundamentals

EPS RY : $15.98 V : $15.10
PE Ratio RY : 10.22 V : 19.77
PEG Ratio RY : 1.48 V : 1.21
PS Ratio RY : 1.56 V : 9.93
Total Revenue (TTM) RY : $137.63B V : $41.39B
Gross Profit (TTM) RY : $63.36B V : $24.66B
EBITDA (TTM) RY : $29.23B V : $26.20B

Returns By Period

In the year-to-date period, RY achieves a -3.47% return, which is significantly higher than V's -14.71% return. Both investments have delivered pretty close results over the past 10 years, with RY having a 15.36% annualized return and V not far behind at 15.23%.

RY

• 1D: 1.01%
• 1M: -3.08%
• YTD: -3.47%
• 6M: 12.65%
• 1Y: 48.49%
• 3Y*: 24.28%
• 5Y*: 16.39%
• 10Y*: 15.36%

V

• 1D: -1.23%
• 1M: -6.86%
• YTD: -14.71%
• 6M: -13.83%
• 1Y: -13.17%
• 3Y*: 10.64%
• 5Y*: 7.39%
• 10Y*: 15.23%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

RY vs. V — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RY

RY Risk / Return Rank: 95
RY Sharpe Ratio Rank: 96
RY Sortino Ratio Rank: 97
RY Omega Ratio Rank: 96
RY Calmar Ratio Rank: 93
RY Martin Ratio Rank: 96

V

V Risk / Return Rank: 15
V Sharpe Ratio Rank: 16
V Sortino Ratio Rank: 16
V Omega Ratio Rank: 16
V Calmar Ratio Rank: 16
V Martin Ratio Rank: 8

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RY vs. V - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Royal Bank of Canada (RY) and Visa Inc. (V). 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	V	Difference
Sharpe ratio Return per unit of total volatility	2.93	-0.56	+3.48
Sortino ratio Return per unit of downside risk	4.07	-0.64	+4.71
Omega ratio Gain probability vs. loss probability	1.54	0.91	+0.62
Calmar ratio Return relative to maximum drawdown	4.95	-0.70	+5.65
Martin ratio Return relative to average drawdown	18.69	-1.52	+20.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RY vs. V - Sharpe Ratio Comparison

The current RY Sharpe Ratio is 2.93, which is higher than the V Sharpe Ratio of -0.56. The chart below compares the historical Sharpe Ratios of RY and V, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RY	V	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.93	-0.56	+3.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.92	0.33	+0.59
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.78	0.63	+0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.68	-0.05

Correlation

The correlation between RY and V is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

RY vs. V - Dividend Comparison

RY's dividend yield for the trailing twelve months is around 2.75%, more than V's 0.84% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RY Royal Bank of Canada	2.75%	2.54%	3.39%	4.29%	4.07%	3.24%	3.88%	3.88%	4.27%	3.22%	3.95%	5.41%
V Visa Inc.	0.84%	0.70%	0.68%	0.72%	0.76%	0.62%	0.56%	0.56%	0.67%	0.61%	0.75%	0.64%

Drawdowns

RY vs. V - Drawdown Comparison

The maximum RY drawdown since its inception was -62.90%, which is greater than V's maximum drawdown of -51.90%. Use the drawdown chart below to compare losses from any high point for RY and V.

Drawdown Indicators

	RY	V	Difference
Max Drawdown Largest peak-to-trough decline	-62.90%	-51.90%	-11.00%
Max Drawdown (1Y) Largest decline over 1 year	-10.04%	-20.38%	+10.34%
Max Drawdown (5Y) Largest decline over 5 years	-28.36%	-28.60%	+0.24%
Max Drawdown (10Y) Largest decline over 10 years	-39.95%	-36.36%	-3.59%
Current Drawdown Current decline from peak	-6.86%	-19.57%	+12.71%
Average Drawdown Average peak-to-trough decline	-9.37%	-8.20%	-1.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.66%	9.33%	-6.67%

Volatility

RY vs. V - Volatility Comparison

The current volatility for Royal Bank of Canada (RY) is 5.09%, while Visa Inc. (V) has a volatility of 5.62%. This indicates that RY experiences smaller price fluctuations and is considered to be less risky than V based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RY	V	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.09%	5.62%	-0.53%
Volatility (6M) Calculated over the trailing 6-month period	10.83%	15.43%	-4.60%
Volatility (1Y) Calculated over the trailing 1-year period	16.66%	23.73%	-7.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.86%	22.45%	-4.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.80%	24.32%	-4.52%

Financials

RY vs. V - Profitability Comparison

The chart below illustrates the profitability comparison between Royal Bank of Canada and Visa Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

RY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Royal Bank of Canada reported a gross profit of 16.86B and revenue of 35.50B. Therefore, the gross margin over that period was 47.5%.

V - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Visa Inc. reported a gross profit of 0.00 and revenue of 10.90B. Therefore, the gross margin over that period was 0.0%.

RY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Royal Bank of Canada reported an operating income of 7.42B and revenue of 35.50B, resulting in an operating margin of 20.9%.

V - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Visa Inc. reported an operating income of 6.74B and revenue of 10.90B, resulting in an operating margin of 61.8%.

RY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Royal Bank of Canada reported a net income of 5.79B and revenue of 35.50B, resulting in a net margin of 16.3%.

V - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Visa Inc. reported a net income of 5.85B and revenue of 10.90B, resulting in a net margin of 53.7%.