TD.TO vs. RY
Compare and contrast key facts about The Toronto-Dominion Bank (TD.TO) and Royal Bank of Canada (RY).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TD.TO or RY.
Key characteristics
| TD.TO | RY | |
|---|---|---|
| YTD Return | -7.41% | 6.47% |
| 1Y Return | -0.38% | 15.71% |
| 3Y Return (Ann) | 0.09% | 5.71% |
| 5Y Return (Ann) | 5.30% | 10.62% |
| 10Y Return (Ann) | 8.43% | 8.89% |
| Sharpe Ratio | -0.12 | 0.78 |
| Daily Std Dev | 17.06% | 17.05% |
| Max Drawdown | -54.79% | -63.05% |
| Current Drawdown | -20.63% | -1.74% |
Fundamentals
| TD.TO | RY | |
|---|---|---|
| Market Cap | CA$136.83B | $145.93B |
| EPS | CA$6.33 | $7.84 |
| PE Ratio | 12.22 | 13.16 |
| PEG Ratio | 1.09 | 3.31 |
| Revenue (TTM) | CA$50.40B | $53.51B |
| Gross Profit (TTM) | CA$47.74B | $48.50B |
Correlation
The correlation between TD.TO and RY is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TD.TO vs. RY - Performance Comparison
In the year-to-date period, TD.TO achieves a -7.41% return, which is significantly lower than RY's 6.47% return. Over the past 10 years, TD.TO has underperformed RY with an annualized return of 8.43%, while RY has yielded a comparatively higher 8.89% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
TD.TO vs. RY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Toronto-Dominion Bank (TD.TO) and Royal Bank of Canada (RY). 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.
Dividends
TD.TO vs. RY - Dividend Comparison
TD.TO's dividend yield for the trailing twelve months is around 5.12%, more than RY's 3.84% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TD.TO The Toronto-Dominion Bank | 5.12% | 4.48% | 4.06% | 3.26% | 4.32% | 3.97% | 3.85% | 3.19% | 3.26% | 3.69% | 2.93% | 1.62% |
RY Royal Bank of Canada | 3.84% | 3.93% | 4.13% | 3.28% | 3.86% | 3.88% | 4.29% | 3.28% | 3.59% | 4.54% | 3.73% | 3.69% |
Drawdowns
TD.TO vs. RY - Drawdown Comparison
The maximum TD.TO drawdown since its inception was -54.79%, smaller than the maximum RY drawdown of -63.05%. Use the drawdown chart below to compare losses from any high point for TD.TO and RY. For additional features, visit the drawdowns tool.
Volatility
TD.TO vs. RY - Volatility Comparison
The Toronto-Dominion Bank (TD.TO) has a higher volatility of 7.18% compared to Royal Bank of Canada (RY) at 4.23%. This indicates that TD.TO's price experiences larger fluctuations and is considered to be riskier than RY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
TD.TO vs. RY - Financials Comparison
This section allows you to compare key financial metrics between The Toronto-Dominion Bank and Royal Bank of Canada. 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