SLF vs. BCE.TO
SLF (Sun Life Financial Inc.) and BCE.TO (BCE Inc.) are both stocks. SLF operates in Insurance - Diversified (Financial Services), while BCE.TO operates in Telecom Services (Communication Services). Over the past 10 years, SLF returned 13.18%/yr vs -0.37%/yr for BCE.TO. At a 0.26 correlation, their price movements are largely independent.
Performance
SLF vs. BCE.TO - Performance Comparison
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Different Trading Currencies
SLF is traded in USD, while BCE.TO is traded in CAD. To make them comparable, the BCE.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SLF achieves a 25.30% return, which is significantly higher than BCE.TO's 4.19% return. Over the past 10 years, SLF has outperformed BCE.TO with an annualized return of 13.18%, while BCE.TO has yielded a comparatively lower -0.37% annualized return.
SLF
- 1D
- 1.05%
- 1M
- 7.59%
- YTD
- 25.30%
- 6M
- 29.43%
- 1Y
- 24.27%
- 3Y*
- 19.96%
- 5Y*
- 12.61%
- 10Y*
- 13.18%
BCE.TO
- 1D
- 0.05%
- 1M
- 3.17%
- YTD
- 4.19%
- 6M
- 6.62%
- 1Y
- 13.77%
- 3Y*
- -12.68%
- 5Y*
- -7.52%
- 10Y*
- -0.37%
SLF vs. BCE.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SLF Sun Life Financial Inc. | 25.30% | 9.72% | 19.48% | 17.77% | -12.89% | 29.71% | 1.55% | 42.69% | -16.37% | 11.18% |
BCE.TO BCE Inc. | 4.19% | 10.39% | -35.49% | -3.93% | -10.03% | 27.96% | -1.59% | 22.43% | -12.97% | 17.11% |
Correlation
The correlation between SLF and BCE.TO is -0.02, 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 | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.26 |
The correlation between SLF and BCE.TO shifts across timeframes, from -0.02 (1 year) to 0.26 (all time), reflecting how their relationship changes across market environments.
Fundamentals
SLF:
$30.85B
BCE.TO:
CA$32.05B
SLF:
CA$6.22
BCE.TO:
CA$6.92
SLF:
17.21
BCE.TO:
4.97
SLF:
1.43
BCE.TO:
1.30
SLF:
1.89
BCE.TO:
1.59
SLF:
CA$39.40B
BCE.TO:
CA$24.71B
SLF:
CA$20.48B
BCE.TO:
CA$14.56B
SLF:
CA$4.74B
BCE.TO:
CA$14.72B
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Return for Risk
SLF vs. BCE.TO — Risk / Return Rank
SLF
BCE.TO
SLF vs. BCE.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sun Life Financial Inc. (SLF) and BCE Inc. (BCE.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.
| SLF | BCE.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.39 | ||
| Sortino ratioReturn per unit of downside risk | +0.35 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.14 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.55 | 1.13 | +0.42 |
| Martin ratioReturn relative to average drawdown | 3.34 | 2.26 | +1.08 |
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Drawdowns
SLF vs. BCE.TO - Drawdown Comparison
The maximum SLF drawdown since its inception was -78.60%, which is greater than BCE.TO's maximum drawdown of -60.85%. Use the drawdown chart below to compare losses from any high point for SLF and BCE.TO.
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Drawdown Indicators
| SLF | BCE.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.60% | -60.85% | -17.75% |
Max Drawdown (1Y)Largest decline over 1 year | -14.91% | -11.97% | -2.94% |
Max Drawdown (3Y)Largest decline over 3 years | -14.91% | -47.00% | +32.09% |
Max Drawdown (5Y)Largest decline over 5 years | -30.77% | -55.35% | +24.58% |
Max Drawdown (10Y)Largest decline over 10 years | -50.84% | -55.35% | +4.51% |
Current DrawdownCurrent decline from peak | 0.00% | -44.20% | +44.20% |
Average DrawdownAverage peak-to-trough decline | -16.86% | -14.67% | -2.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.90% | 5.97% | +0.93% |
Volatility
SLF vs. BCE.TO - Volatility Comparison
The current volatility for Sun Life Financial Inc. (SLF) is 4.82%, while BCE Inc. (BCE.TO) has a volatility of 5.36%. This indicates that SLF experiences smaller price fluctuations and is considered to be less risky than BCE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SLF | BCE.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.82% | 5.36% | -0.54% |
Volatility (6M)Calculated over the trailing 6-month period | 14.14% | 12.99% | +1.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.20% | 18.09% | +2.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.44% | 18.40% | +1.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.88% | 18.63% | +4.25% |
Dividends
SLF vs. BCE.TO - Dividend Comparison
SLF's dividend yield for the trailing twelve months is around 3.47%, less than BCE.TO's 5.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BCE.TO BCE Inc. | 5.09% | 7.06% | 11.97% | 7.42% | 6.19% | 5.32% | 6.12% | 5.27% | 5.60% | 4.75% | 4.70% | 4.86% |
SLF Sun Life Financial Inc. | 3.47% | 4.03% | 4.00% | 4.98% | 4.59% | 3.32% | 3.69% | 3.47% | 4.71% | 3.17% | 3.98% | 4.64% |
Financials
SLF vs. BCE.TO - Financials Comparison
This section allows you to compare key financial metrics between Sun Life Financial Inc. and BCE Inc.. 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
SLF vs. BCE.TO - Profitability Comparison
SLF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sun Life Financial Inc. reported a gross profit of 8.88B and revenue of 8.88B. Therefore, the gross margin over that period was 100.0%.
BCE.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, BCE Inc. reported a gross profit of 1.85B and revenue of 6.17B. Therefore, the gross margin over that period was 30.0%.
SLF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sun Life Financial Inc. reported an operating income of 633.63M and revenue of 8.88B, resulting in an operating margin of 7.1%.
BCE.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, BCE Inc. reported an operating income of 1.28B and revenue of 6.17B, resulting in an operating margin of 20.7%.
SLF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sun Life Financial Inc. reported a net income of 537.39M and revenue of 8.88B, resulting in a net margin of 6.1%.
BCE.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, BCE Inc. reported a net income of 653.00M and revenue of 6.17B, resulting in a net margin of 10.6%.
Frequently Asked Questions
SLF and BCE.TO have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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