TD.TO vs. ATD.TO
TD.TO (The Toronto-Dominion Bank) and ATD.TO (Alimentation Couche-Tard Inc.) are both stocks. TD.TO operates in Banks - Diversified (Financial Services), while ATD.TO operates in Specialty Retail (Consumer Cyclical). Over the past 10 years, TD.TO returned 16.09%/yr vs 13.04%/yr for ATD.TO. At a 0.20 correlation, their price movements are largely independent.
Performance
TD.TO vs. ATD.TO - Performance Comparison
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Returns By Period
In the year-to-date period, TD.TO achieves a 28.85% return, which is significantly higher than ATD.TO's 12.78% return. Over the past 10 years, TD.TO has outperformed ATD.TO with an annualized return of 16.09%, while ATD.TO has yielded a comparatively lower 13.04% annualized return.
TD.TO
- 1D
- 1.10%
- 1M
- 10.59%
- YTD
- 28.85%
- 6M
- 32.50%
- 1Y
- 76.68%
- 3Y*
- 33.03%
- 5Y*
- 18.47%
- 10Y*
- 16.09%
ATD.TO
- 1D
- -0.05%
- 1M
- 7.46%
- YTD
- 12.78%
- 6M
- 17.03%
- 1Y
- 16.59%
- 3Y*
- 10.22%
- 5Y*
- 14.17%
- 10Y*
- 13.04%
TD.TO vs. ATD.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TD.TO The Toronto-Dominion Bank | 28.85% | 77.06% | -6.05% | 2.34% | -6.01% | 40.15% | 3.72% | 11.66% | -4.57% | 15.15% |
ATD.TO Alimentation Couche-Tard Inc. | 12.78% | -4.91% | 3.11% | 32.26% | 13.21% | 22.84% | 5.88% | 23.08% | 4.21% | 7.08% |
Correlation
The correlation between TD.TO and ATD.TO is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2006 | 0.20 |
Fundamentals
TD.TO:
CA$273.16B
ATD.TO:
CA$77.94B
TD.TO:
CA$8.81
ATD.TO:
$2.90
TD.TO:
18.62
ATD.TO:
20.80
TD.TO:
0.67
ATD.TO:
6.44
TD.TO:
2.47
ATD.TO:
0.77
TD.TO:
2.42
ATD.TO:
3.58
TD.TO:
CA$112.59B
ATD.TO:
$73.29B
TD.TO:
CA$59.48B
ATD.TO:
$13.89B
TD.TO:
CA$19.98B
ATD.TO:
$6.26B
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Return for Risk
TD.TO vs. ATD.TO — Risk / Return Rank
TD.TO
ATD.TO
TD.TO vs. ATD.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Toronto-Dominion Bank (TD.TO) and Alimentation Couche-Tard Inc. (ATD.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.
| TD.TO | ATD.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.46 | ||
| Sortino ratioReturn per unit of downside risk | +4.95 | ||
| Omega ratioGain probability vs. loss probability | 1.89 | 1.13 | +0.76 |
| Calmar ratioReturn relative to maximum drawdown | 11.51 | 1.45 | +10.06 |
| Martin ratioReturn relative to average drawdown | 48.39 | 2.66 | +45.73 |
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Drawdowns
TD.TO vs. ATD.TO - Drawdown Comparison
The maximum TD.TO drawdown since its inception was -52.42%, smaller than the maximum ATD.TO drawdown of -60.77%. Use the drawdown chart below to compare losses from any high point for TD.TO and ATD.TO.
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Drawdown Indicators
| TD.TO | ATD.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.42% | -60.77% | +8.35% |
Max Drawdown (1Y)Largest decline over 1 year | -6.68% | -10.84% | +4.16% |
Max Drawdown (3Y)Largest decline over 3 years | -15.04% | -22.16% | +7.12% |
Max Drawdown (5Y)Largest decline over 5 years | -26.06% | -22.16% | -3.90% |
Max Drawdown (10Y)Largest decline over 10 years | -35.80% | -32.61% | -3.19% |
Current DrawdownCurrent decline from peak | 0.00% | -0.84% | +0.84% |
Average DrawdownAverage peak-to-trough decline | -7.29% | -10.30% | +3.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.59% | 5.97% | -4.38% |
Volatility
TD.TO vs. ATD.TO - Volatility Comparison
The current volatility for The Toronto-Dominion Bank (TD.TO) is 5.14%, while Alimentation Couche-Tard Inc. (ATD.TO) has a volatility of 5.83%. This indicates that TD.TO experiences smaller price fluctuations and is considered to be less risky than ATD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TD.TO | ATD.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.14% | 5.83% | -0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 11.73% | 17.92% | -6.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.16% | 25.50% | -10.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.17% | 23.66% | -6.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.29% | 24.51% | -5.22% |
Dividends
TD.TO vs. ATD.TO - Dividend Comparison
TD.TO's dividend yield for the trailing twelve months is around 2.60%, more than ATD.TO's 0.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ATD.TO Alimentation Couche-Tard Inc. | 0.97% | 1.07% | 0.90% | 0.76% | 0.79% | 0.70% | 0.69% | 1.06% | 1.15% | 1.09% | 1.00% | 0.72% |
TD.TO The Toronto-Dominion Bank | 2.60% | 3.25% | 5.33% | 4.48% | 4.06% | 3.26% | 4.32% | 3.97% | 3.85% | 3.19% | 3.26% | 3.69% |
Financials
TD.TO vs. ATD.TO - Financials Comparison
This section allows you to compare key financial metrics between The Toronto-Dominion Bank and Alimentation Couche-Tard 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
TD.TO vs. ATD.TO - Profitability Comparison
TD.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Toronto-Dominion Bank reported a gross profit of 14.91B and revenue of 27.03B. Therefore, the gross margin over that period was 55.2%.
ATD.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alimentation Couche-Tard Inc. reported a gross profit of 4.24B and revenue of 21.81B. Therefore, the gross margin over that period was 19.4%.
TD.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Toronto-Dominion Bank reported an operating income of 5.03B and revenue of 27.03B, resulting in an operating margin of 18.6%.
ATD.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alimentation Couche-Tard Inc. reported an operating income of 1.15B and revenue of 21.81B, resulting in an operating margin of 5.3%.
TD.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Toronto-Dominion Bank reported a net income of 4.25B and revenue of 27.03B, resulting in a net margin of 15.7%.
ATD.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alimentation Couche-Tard Inc. reported a net income of 757.20M and revenue of 21.81B, resulting in a net margin of 3.5%.
Frequently Asked Questions
TD.TO and ATD.TO have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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