TD.TO vs. NVT
TD.TO (The Toronto-Dominion Bank) and NVT (nVent Electric plc) are both stocks. TD.TO operates in Banks - Diversified (Financial Services), while NVT operates in Electrical Equipment & Parts (Industrials). Over the past 5 years, TD.TO returned 18.47%/yr vs 45.32%/yr for NVT. At a 0.42 correlation, their price movements are largely independent.
Performance
TD.TO vs. NVT - Performance Comparison
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Different Trading Currencies
TD.TO is traded in CAD, while NVT is traded in USD. To make them comparable, the NVT 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 28.85% return, which is significantly lower than NVT's 66.67% return.
TD.TO
- 1D
- 1.10%
- 1M
- 12.21%
- YTD
- 28.85%
- 6M
- 32.50%
- 1Y
- 76.53%
- 3Y*
- 33.03%
- 5Y*
- 18.47%
- 10Y*
- 16.09%
NVT
- 1D
- 1.09%
- 1M
- -2.06%
- YTD
- 66.67%
- 6M
- 66.11%
- 1Y
- 145.26%
- 3Y*
- 54.80%
- 5Y*
- 45.32%
- 10Y*
- —
TD.TO vs. NVT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
TD.TO The Toronto-Dominion Bank | 28.85% | 77.06% | -6.05% | 2.34% | -6.01% | 40.15% | 3.72% | 11.66% | -4.22% |
NVT nVent Electric plc | 66.67% | 44.36% | 26.51% | 52.27% | 9.87% | 67.07% | -7.92% | 12.41% | 14.14% |
Correlation
The correlation between TD.TO and NVT is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since May 1, 2018 | 0.42 |
The correlation between TD.TO and NVT shifts across timeframes, from 0.28 (1 year) to 0.42 (all time), reflecting how their relationship changes across market environments.
Fundamentals
TD.TO:
CA$273.16B
NVT:
$27.20B
TD.TO:
CA$8.81
NVT:
$3.00
TD.TO:
18.62
NVT:
55.32
TD.TO:
0.67
NVT:
1.33
TD.TO:
2.47
NVT:
6.29
TD.TO:
2.42
NVT:
7.16
TD.TO:
CA$112.59B
NVT:
$4.33B
TD.TO:
CA$59.48B
NVT:
$1.60B
TD.TO:
CA$19.98B
NVT:
$857.60M
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Return for Risk
TD.TO vs. NVT — Risk / Return Rank
TD.TO
NVT
TD.TO vs. NVT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Toronto-Dominion Bank (TD.TO) and nVent Electric plc (NVT). 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 | NVT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.54 | ||
| Sortino ratioReturn per unit of downside risk | +2.12 | ||
| Omega ratioGain probability vs. loss probability | 1.89 | 1.52 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 11.51 | 8.00 | +3.51 |
| Martin ratioReturn relative to average drawdown | 48.39 | 28.25 | +20.14 |
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Drawdowns
TD.TO vs. NVT - Drawdown Comparison
The maximum TD.TO drawdown since its inception was -52.42%, roughly equal to the maximum NVT drawdown of -52.81%. Use the drawdown chart below to compare losses from any high point for TD.TO and NVT.
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Drawdown Indicators
| TD.TO | NVT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.42% | -52.81% | +0.39% |
Max Drawdown (1Y)Largest decline over 1 year | -6.68% | -18.27% | +11.59% |
Max Drawdown (3Y)Largest decline over 3 years | -15.04% | -45.27% | +30.23% |
Max Drawdown (5Y)Largest decline over 5 years | -26.06% | -45.27% | +19.21% |
Max Drawdown (10Y)Largest decline over 10 years | -35.80% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -5.01% | +5.01% |
Average DrawdownAverage peak-to-trough decline | -7.29% | -11.36% | +4.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.59% | 5.17% | -3.58% |
Volatility
TD.TO vs. NVT - Volatility Comparison
The current volatility for The Toronto-Dominion Bank (TD.TO) is 5.14%, while nVent Electric plc (NVT) has a volatility of 12.67%. This indicates that TD.TO experiences smaller price fluctuations and is considered to be less risky than NVT 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 | NVT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.14% | 12.67% | -7.53% |
Volatility (6M)Calculated over the trailing 6-month period | 11.73% | 32.52% | -20.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.16% | 41.35% | -26.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.17% | 36.57% | -19.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.29% | 38.85% | -19.56% |
Dividends
TD.TO vs. NVT - Dividend Comparison
TD.TO's dividend yield for the trailing twelve months is around 2.60%, more than NVT's 0.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVT nVent Electric plc | 0.49% | 0.78% | 1.12% | 1.18% | 1.82% | 1.84% | 3.01% | 2.74% | 1.56% | 0.00% | 0.00% | 0.00% |
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. NVT - Financials Comparison
This section allows you to compare key financial metrics between The Toronto-Dominion Bank and nVent Electric plc. 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. NVT - 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%.
NVT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, nVent Electric plc reported a gross profit of 445.60M and revenue of 1.24B. Therefore, the gross margin over that period was 35.9%.
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%.
NVT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, nVent Electric plc reported an operating income of 195.70M and revenue of 1.24B, resulting in an operating margin of 15.8%.
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%.
NVT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, nVent Electric plc reported a net income of 142.40M and revenue of 1.24B, resulting in a net margin of 11.5%.
Frequently Asked Questions
TD.TO and NVT have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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