TD.TO vs. NRG
TD.TO (The Toronto-Dominion Bank) and NRG (NRG Energy, Inc.) are both stocks. TD.TO operates in Banks - Diversified (Financial Services), while NRG operates in Utilities - Independent Power Producers (Utilities). Over the past 10 years, TD.TO returned 15.57%/yr vs 27.70%/yr for NRG. At a 0.26 correlation, their price movements are largely independent.
Performance
TD.TO vs. NRG - Performance Comparison
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Different Trading Currencies
TD.TO is traded in CAD, while NRG is traded in USD. To make them comparable, the NRG 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 NRG's -17.83% return. Over the past 10 years, TD.TO has underperformed NRG with an annualized return of 15.57%, while NRG has yielded a comparatively higher 27.70% annualized return.
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%
NRG
- 1D
- -0.88%
- 1M
- -5.61%
- YTD
- -17.83%
- 6M
- -21.08%
- 1Y
- -15.48%
- 3Y*
- 60.83%
- 5Y*
- 35.64%
- 10Y*
- 27.70%
TD.TO vs. NRG - 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% |
NRG NRG Energy, Inc. | -17.83% | 70.74% | 93.70% | 65.33% | -18.62% | 18.48% | -4.46% | -3.46% | 51.33% | 117.87% |
Correlation
The correlation between TD.TO and NRG is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2006 | 0.26 |
Fundamentals
TD.TO:
CA$265.60B
NRG:
$26.56B
TD.TO:
CA$8.81
NRG:
$1.21
TD.TO:
18.10
NRG:
105.45
TD.TO:
0.65
NRG:
1.58
TD.TO:
2.40
NRG:
0.78
TD.TO:
2.36
NRG:
6.29
TD.TO:
CA$112.59B
NRG:
$32.38B
TD.TO:
CA$59.48B
NRG:
$4.69B
TD.TO:
CA$19.98B
NRG:
$2.57B
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Return for Risk
TD.TO vs. NRG — Risk / Return Rank
TD.TO
NRG
TD.TO vs. NRG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Toronto-Dominion Bank (TD.TO) and NRG Energy, Inc. (NRG). 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 | NRG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +5.11 | ||
| Sortino ratioReturn per unit of downside risk | +5.99 | ||
| Omega ratioGain probability vs. loss probability | 1.83 | 0.97 | +0.85 |
| Calmar ratioReturn relative to maximum drawdown | 10.77 | -0.48 | +11.25 |
| Martin ratioReturn relative to average drawdown | 45.21 | -1.18 | +46.39 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TD.TO | NRG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.75 | -0.35 | +5.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.04 | 0.89 | +0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.81 | 0.70 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.37 | +0.25 |
Drawdowns
TD.TO vs. NRG - Drawdown Comparison
The maximum TD.TO drawdown since its inception was -52.42%, smaller than the maximum NRG drawdown of -73.52%. Use the drawdown chart below to compare losses from any high point for TD.TO and NRG.
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Drawdown Indicators
| TD.TO | NRG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.42% | -73.52% | +21.10% |
Max Drawdown (1Y)Largest decline over 1 year | -6.68% | -32.35% | +25.67% |
Max Drawdown (3Y)Largest decline over 3 years | -15.04% | -32.35% | +17.31% |
Max Drawdown (5Y)Largest decline over 5 years | -26.06% | -32.35% | +6.29% |
Max Drawdown (10Y)Largest decline over 10 years | -35.80% | -45.51% | +9.71% |
Current DrawdownCurrent decline from peak | 0.00% | -29.12% | +29.12% |
Average DrawdownAverage peak-to-trough decline | -7.29% | -25.99% | +18.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.59% | 13.17% | -11.58% |
Volatility
TD.TO vs. NRG - Volatility Comparison
The current volatility for The Toronto-Dominion Bank (TD.TO) is 5.24%, while NRG Energy, Inc. (NRG) has a volatility of 13.85%. This indicates that TD.TO experiences smaller price fluctuations and is considered to be less risky than NRG 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 | NRG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.24% | 13.85% | -8.61% |
Volatility (6M)Calculated over the trailing 6-month period | 11.86% | 34.52% | -22.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.16% | 44.41% | -29.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.16% | 40.40% | -23.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.29% | 39.90% | -20.61% |
Dividends
TD.TO vs. NRG - Dividend Comparison
TD.TO's dividend yield for the trailing twelve months is around 2.67%, more than NRG's 1.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NRG NRG Energy, Inc. | 1.43% | 1.11% | 1.81% | 2.92% | 4.40% | 3.02% | 3.20% | 0.30% | 0.30% | 0.42% | 1.92% | 4.93% |
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. NRG - Financials Comparison
This section allows you to compare key financial metrics between The Toronto-Dominion Bank and NRG Energy, 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. NRG - 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%.
NRG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NRG Energy, Inc. reported a gross profit of 0.00 and revenue of 10.26B. Therefore, the gross margin over that period was 0.0%.
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%.
NRG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NRG Energy, Inc. reported an operating income of 328.00M and revenue of 10.26B, resulting in an operating margin of 3.2%.
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%.
NRG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NRG Energy, Inc. reported a net income of 125.00M and revenue of 10.26B, resulting in a net margin of 1.2%.
Frequently Asked Questions
TD.TO and NRG have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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