SLF vs. BNY
SLF (Sun Life Financial Inc.) and BNY (The Bank of New York Mellon Corporation) are both stocks. Both are in the Financial Services sector — SLF in Insurance - Diversified, BNY in Banks - Diversified. Over the past 10 years, SLF returned 12.50%/yr vs 16.08%/yr for BNY. At a 0.47 correlation, their price movements are largely independent.
Performance
SLF vs. BNY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SLF achieves a 20.20% return, which is significantly lower than BNY's 23.16% return. Over the past 10 years, SLF has underperformed BNY with an annualized return of 12.50%, while BNY has yielded a comparatively higher 16.08% annualized return.
SLF
- 1D
- -0.27%
- 1M
- 5.95%
- YTD
- 20.20%
- 6M
- 28.28%
- 1Y
- 17.42%
- 3Y*
- 18.61%
- 5Y*
- 11.46%
- 10Y*
- 12.50%
BNY
- 1D
- -0.43%
- 1M
- 8.64%
- YTD
- 23.16%
- 6M
- 24.93%
- 1Y
- 59.92%
- 3Y*
- 51.12%
- 5Y*
- 26.33%
- 10Y*
- 16.08%
SLF vs. BNY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SLF Sun Life Financial Inc. | 20.20% | 9.72% | 19.48% | 17.77% | -12.89% | 29.71% | 1.55% | 42.69% | -16.37% | 11.18% |
BNY The Bank of New York Mellon Corporation | 23.16% | 54.45% | 51.90% | 18.52% | -19.14% | 40.55% | -12.91% | 9.56% | -10.85% | 15.68% |
Correlation
The correlation between SLF and BNY is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Mar 24, 2000 | 0.47 |
Over the past year, the correlation between SLF and BNY has dropped to 0.21 - well below their long-term average of 0.47, suggesting their price drivers have been diverging.
Fundamentals
SLF:
$29.60B
BNY:
$98.99B
SLF:
$6.22
BNY:
$8.43
SLF:
11.81
BNY:
16.81
SLF:
0.98
BNY:
2.47
SLF:
1.30
BNY:
2.51
SLF:
$39.40B
BNY:
$40.65B
SLF:
$20.48B
BNY:
$20.54B
SLF:
$4.74B
BNY:
$8.96B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SLF vs. BNY — Risk / Return Rank
SLF
BNY
SLF vs. BNY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sun Life Financial Inc. (SLF) and The Bank of New York Mellon Corporation (BNY). 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.
| SLF | BNY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.16 | ||
| Sortino ratioReturn per unit of downside risk | -2.54 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.49 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 1.17 | 5.93 | -4.76 |
| Martin ratioReturn relative to average drawdown | 2.53 | 16.81 | -14.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SLF | BNY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.87 | 3.03 | -2.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 1.08 | -0.48 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.60 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.36 | +0.06 |
Drawdowns
SLF vs. BNY - Drawdown Comparison
The maximum SLF drawdown since its inception was -78.60%, which is greater than BNY's maximum drawdown of -72.28%. Use the drawdown chart below to compare losses from any high point for SLF and BNY.
Loading charts...
Drawdown Indicators
| SLF | BNY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.60% | -72.28% | -6.32% |
Max Drawdown (1Y)Largest decline over 1 year | -14.91% | -10.15% | -4.76% |
Max Drawdown (3Y)Largest decline over 3 years | -14.91% | -17.58% | +2.67% |
Max Drawdown (5Y)Largest decline over 5 years | -30.77% | -40.45% | +9.68% |
Max Drawdown (10Y)Largest decline over 10 years | -50.84% | -50.49% | -0.35% |
Current DrawdownCurrent decline from peak | -0.27% | -1.56% | +1.29% |
Average DrawdownAverage peak-to-trough decline | -16.88% | -18.71% | +1.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.90% | 3.58% | +3.32% |
Volatility
SLF vs. BNY - Volatility Comparison
The current volatility for Sun Life Financial Inc. (SLF) is 4.62%, while The Bank of New York Mellon Corporation (BNY) has a volatility of 4.88%. This indicates that SLF experiences smaller price fluctuations and is considered to be less risky than BNY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SLF | BNY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.62% | 4.88% | -0.26% |
Volatility (6M)Calculated over the trailing 6-month period | 14.14% | 15.93% | -1.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.16% | 19.89% | +0.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.43% | 24.60% | -5.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.89% | 27.05% | -4.16% |
Dividends
SLF vs. BNY - Dividend Comparison
SLF's dividend yield for the trailing twelve months is around 3.61%, more than BNY's 1.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BNY The Bank of New York Mellon Corporation | 1.50% | 1.72% | 2.32% | 3.04% | 3.12% | 2.24% | 2.92% | 2.34% | 2.21% | 1.60% | 1.52% | 1.65% |
SLF Sun Life Financial Inc. | 3.61% | 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. BNY - Financials Comparison
This section allows you to compare key financial metrics between Sun Life Financial Inc. and The Bank of New York Mellon Corporation. 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. BNY - 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%.
BNY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Bank of New York Mellon Corporation reported a gross profit of 5.42B and revenue of 9.86B. Therefore, the gross margin over that period was 54.9%.
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%.
BNY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Bank of New York Mellon Corporation reported an operating income of 2.02B and revenue of 9.86B, resulting in an operating margin of 20.4%.
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%.
BNY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Bank of New York Mellon Corporation reported a net income of 1.63B and revenue of 9.86B, resulting in a net margin of 16.6%.
Frequently Asked Questions
SLF and BNY have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BNY has higher volatility (4.88%) compared to SLF (4.62%). In terms of maximum drawdown, SLF dropped -78.60% vs BNY's -72.28%.
BNY currently has the higher Sharpe Ratio (3.03 vs 0.87), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for SLF and BNY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer