TD.TO vs. RIO
TD.TO (The Toronto-Dominion Bank) and RIO (Rio Tinto Group) are both stocks. TD.TO operates in Banks - Diversified (Financial Services), while RIO operates in Other Industrial Metals & Mining (Basic Materials). Over the past 10 years, TD.TO returned 16.09%/yr vs 23.61%/yr for RIO. At a 0.36 correlation, their price movements are largely independent.
Performance
TD.TO vs. RIO - Performance Comparison
Loading charts...
Different Trading Currencies
TD.TO is traded in CAD, while RIO is traded in USD. To make them comparable, the RIO 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 RIO's 38.21% return. Over the past 10 years, TD.TO has underperformed RIO with an annualized return of 16.09%, while RIO has yielded a comparatively higher 23.61% annualized 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%
RIO
- 1D
- 1.94%
- 1M
- -3.98%
- YTD
- 38.21%
- 6M
- 45.33%
- 1Y
- 93.47%
- 3Y*
- 26.45%
- 5Y*
- 15.04%
- 10Y*
- 23.61%
TD.TO vs. RIO - 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% |
RIO Rio Tinto Group | 38.21% | 37.87% | -8.19% | 8.42% | 25.98% | -3.72% | 32.99% | 27.69% | 5.24% | 35.07% |
Correlation
The correlation between TD.TO and RIO 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 | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2006 | 0.36 |
Fundamentals
TD.TO:
CA$273.16B
RIO:
$172.61B
TD.TO:
CA$8.81
RIO:
$13.11
TD.TO:
18.62
RIO:
8.03
TD.TO:
2.47
RIO:
1.55
TD.TO:
2.42
RIO:
2.77
TD.TO:
CA$112.59B
RIO:
$111.41B
TD.TO:
CA$59.48B
RIO:
$31.10B
TD.TO:
CA$19.98B
RIO:
$40.42B
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. RIO — Risk / Return Rank
TD.TO
RIO
TD.TO vs. RIO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Toronto-Dominion Bank (TD.TO) and Rio Tinto Group (RIO). 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 | RIO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.88 | ||
| Sortino ratioReturn per unit of downside risk | +2.36 | ||
| Omega ratioGain probability vs. loss probability | 1.89 | 1.47 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 11.51 | 6.28 | +5.23 |
| Martin ratioReturn relative to average drawdown | 48.39 | 24.69 | +23.70 |
Loading charts...
Drawdowns
TD.TO vs. RIO - Drawdown Comparison
The maximum TD.TO drawdown since its inception was -52.42%, smaller than the maximum RIO drawdown of -85.94%. Use the drawdown chart below to compare losses from any high point for TD.TO and RIO.
Loading charts...
Drawdown Indicators
| TD.TO | RIO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.42% | -85.94% | +33.52% |
Max Drawdown (1Y)Largest decline over 1 year | -6.68% | -14.97% | +8.29% |
Max Drawdown (3Y)Largest decline over 3 years | -15.04% | -20.72% | +5.68% |
Max Drawdown (5Y)Largest decline over 5 years | -26.06% | -31.61% | +5.55% |
Max Drawdown (10Y)Largest decline over 10 years | -35.80% | -31.61% | -4.19% |
Current DrawdownCurrent decline from peak | 0.00% | -4.65% | +4.65% |
Average DrawdownAverage peak-to-trough decline | -7.29% | -25.26% | +17.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.59% | 3.82% | -2.23% |
Volatility
TD.TO vs. RIO - Volatility Comparison
The current volatility for The Toronto-Dominion Bank (TD.TO) is 5.14%, while Rio Tinto Group (RIO) has a volatility of 11.89%. This indicates that TD.TO experiences smaller price fluctuations and is considered to be less risky than RIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TD.TO | RIO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.14% | 11.89% | -6.75% |
Volatility (6M)Calculated over the trailing 6-month period | 11.73% | 24.34% | -12.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.16% | 29.42% | -14.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.17% | 29.82% | -12.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.29% | 31.32% | -12.03% |
Dividends
TD.TO vs. RIO - Dividend Comparison
TD.TO's dividend yield for the trailing twelve months is around 2.60%, less than RIO's 3.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RIO Rio Tinto Group | 3.82% | 4.66% | 7.40% | 5.40% | 10.48% | 10.23% | 5.13% | 7.68% | 6.32% | 4.47% | 3.93% | 7.58% |
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. RIO - Financials Comparison
This section allows you to compare key financial metrics between The Toronto-Dominion Bank and Rio Tinto Group. 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. RIO - 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%.
RIO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Rio Tinto Group reported a gross profit of 8.15B and revenue of 30.65B. Therefore, the gross margin over that period was 26.6%.
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%.
RIO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Rio Tinto Group reported an operating income of 8.15B and revenue of 30.65B, resulting in an operating margin of 26.6%.
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%.
RIO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Rio Tinto Group reported a net income of 5.42B and revenue of 30.65B, resulting in a net margin of 17.7%.
Frequently Asked Questions
TD.TO and RIO 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.
Find the right allocation for TD.TO and RIO
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