TD.TO vs. CME
TD.TO (The Toronto-Dominion Bank) and CME (CME Group Inc.) are both stocks. Both are in the Financial Services sector — TD.TO in Banks - Diversified, CME in Financial Data & Stock Exchanges. Over the past 10 years, TD.TO returned 15.57%/yr vs 15.55%/yr for CME. At a 0.28 correlation, their price movements are largely independent.
Performance
TD.TO vs. CME - Performance Comparison
Loading charts...
Different Trading Currencies
TD.TO is traded in CAD, while CME is traded in USD. To make them comparable, the CME values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, TD.TO achieves a 25.29% return, which is significantly higher than CME's -3.78% return. Both investments have delivered pretty close results over the past 10 years, with TD.TO having a 15.57% annualized return and CME not far behind at 15.55%.
TD.TO
- 1D
- 1.10%
- 1M
- 8.52%
- YTD
- 25.29%
- 6M
- 32.68%
- 1Y
- 71.58%
- 3Y*
- 32.19%
- 5Y*
- 17.78%
- 10Y*
- 15.57%
CME
- 1D
- -1.82%
- 1M
- -8.53%
- YTD
- -3.78%
- 6M
- -3.37%
- 1Y
- -2.64%
- 3Y*
- 17.20%
- 5Y*
- 10.57%
- 10Y*
- 15.55%
TD.TO vs. CME - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TD.TO The Toronto-Dominion Bank | 25.29% | 77.06% | -6.05% | 2.34% | -6.01% | 40.15% | 3.72% | 11.66% | -4.57% | 15.15% |
CME CME Group Inc. | -3.78% | 14.36% | 25.18% | 28.20% | -18.00% | 29.41% | -8.57% | 5.15% | 43.26% | 23.38% |
Correlation
The correlation between TD.TO and CME is -0.03, 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 | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2006 | 0.28 |
The correlation between TD.TO and CME shifts across timeframes, from -0.03 (1 year) to 0.28 (all time), reflecting how their relationship changes across market environments.
Fundamentals
TD.TO:
CA$265.60B
CME:
$91.54B
TD.TO:
CA$8.81
CME:
$11.75
TD.TO:
18.10
CME:
21.45
TD.TO:
0.65
CME:
1.87
TD.TO:
2.40
CME:
13.46
TD.TO:
2.36
CME:
3.44
TD.TO:
CA$112.59B
CME:
$6.76B
TD.TO:
CA$59.48B
CME:
$5.84B
TD.TO:
CA$19.98B
CME:
$5.69B
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
TD.TO vs. CME — Risk / Return Rank
TD.TO
CME
TD.TO vs. CME - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Toronto-Dominion Bank (TD.TO) and CME Group Inc. (CME). 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.
| TD.TO | CME | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.88 | ||
| Sortino ratioReturn per unit of downside risk | +5.81 | ||
| Omega ratioGain probability vs. loss probability | 1.83 | 1.00 | +0.83 |
| Calmar ratioReturn relative to maximum drawdown | 10.77 | -0.13 | +10.90 |
| Martin ratioReturn relative to average drawdown | 45.21 | -0.43 | +45.64 |
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
| TD.TO | CME | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.75 | -0.13 | +4.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.04 | 0.51 | +0.53 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.81 | 0.63 | +0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.53 | +0.08 |
Drawdowns
TD.TO vs. CME - Drawdown Comparison
The maximum TD.TO drawdown since its inception was -52.42%, smaller than the maximum CME drawdown of -71.05%. Use the drawdown chart below to compare losses from any high point for TD.TO and CME.
Loading charts...
Drawdown Indicators
| TD.TO | CME | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.42% | -71.05% | +18.63% |
Max Drawdown (1Y)Largest decline over 1 year | -6.68% | -20.44% | +13.76% |
Max Drawdown (3Y)Largest decline over 3 years | -15.04% | -20.44% | +5.40% |
Max Drawdown (5Y)Largest decline over 5 years | -26.06% | -26.71% | +0.65% |
Max Drawdown (10Y)Largest decline over 10 years | -35.80% | -33.25% | -2.55% |
Current DrawdownCurrent decline from peak | 0.00% | -19.36% | +19.36% |
Average DrawdownAverage peak-to-trough decline | -7.29% | -19.94% | +12.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.59% | 6.10% | -4.51% |
Volatility
TD.TO vs. CME - Volatility Comparison
The current volatility for The Toronto-Dominion Bank (TD.TO) is 5.24%, while CME Group Inc. (CME) has a volatility of 10.30%. This indicates that TD.TO experiences smaller price fluctuations and is considered to be less risky than CME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TD.TO | CME | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.24% | 10.30% | -5.06% |
Volatility (6M)Calculated over the trailing 6-month period | 11.86% | 17.22% | -5.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.16% | 20.91% | -5.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.16% | 20.88% | -3.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.29% | 24.73% | -5.44% |
Dividends
TD.TO vs. CME - Dividend Comparison
TD.TO's dividend yield for the trailing twelve months is around 2.67%, less than CME's 4.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CME CME Group Inc. | 4.44% | 1.83% | 4.48% | 4.58% | 5.05% | 3.00% | 3.24% | 2.74% | 2.42% | 4.20% | 4.90% | 5.41% |
TD.TO The Toronto-Dominion Bank | 2.67% | 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. CME - Financials Comparison
This section allows you to compare key financial metrics between The Toronto-Dominion Bank and CME Group 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. CME - 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%.
CME - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CME Group Inc. reported a gross profit of 1.66B and revenue of 1.88B. Therefore, the gross margin over that period was 88.1%.
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%.
CME - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CME Group Inc. reported an operating income of 1.31B and revenue of 1.88B, resulting in an operating margin of 69.7%.
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%.
CME - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CME Group Inc. reported a net income of 1.15B and revenue of 1.88B, resulting in a net margin of 61.4%.
Frequently Asked Questions
TD.TO and CME have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for TD.TO and CME
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