TD.TO vs. WMT
TD.TO (The Toronto-Dominion Bank) and WMT (Walmart Inc.) are both stocks. TD.TO operates in Banks - Diversified (Financial Services), while WMT operates in Discount Stores (Consumer Defensive). Over the past 10 years, TD.TO returned 16.09%/yr vs 20.80%/yr for WMT. At a 0.16 correlation, their price movements are largely independent.
Performance
TD.TO vs. WMT - Performance Comparison
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Different Trading Currencies
TD.TO is traded in CAD, while WMT is traded in USD. To make them comparable, the WMT 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 higher than WMT's 11.29% return. Over the past 10 years, TD.TO has underperformed WMT with an annualized return of 16.09%, while WMT has yielded a comparatively higher 20.80% annualized return.
TD.TO
- 1D
- 1.10%
- 1M
- 10.59%
- YTD
- 28.85%
- 6M
- 32.50%
- 1Y
- 76.68%
- 3Y*
- 33.03%
- 5Y*
- 18.47%
- 10Y*
- 16.09%
WMT
- 1D
- 0.63%
- 1M
- -6.84%
- YTD
- 11.29%
- 6M
- 5.62%
- 1Y
- 32.81%
- 3Y*
- 36.19%
- 5Y*
- 26.01%
- 10Y*
- 20.80%
TD.TO vs. WMT - 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% |
WMT Walmart Inc. | 11.29% | 18.81% | 88.72% | 10.20% | 5.84% | 1.92% | 20.40% | 24.80% | 4.69% | 36.64% |
Correlation
The correlation between TD.TO and WMT is -0.00, 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 | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2006 | 0.16 |
The correlation between TD.TO and WMT shifts across timeframes, from -0.00 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.
Fundamentals
TD.TO:
CA$273.16B
WMT:
$968.20B
TD.TO:
CA$8.81
WMT:
$2.88
TD.TO:
18.62
WMT:
42.04
TD.TO:
0.67
WMT:
2.75
TD.TO:
2.47
WMT:
1.34
TD.TO:
2.42
WMT:
10.26
TD.TO:
CA$112.59B
WMT:
$725.31B
TD.TO:
CA$59.48B
WMT:
$181.16B
TD.TO:
CA$19.98B
WMT:
$44.32B
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Return for Risk
TD.TO vs. WMT — Risk / Return Rank
TD.TO
WMT
TD.TO vs. WMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Toronto-Dominion Bank (TD.TO) and Walmart Inc. (WMT). 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 | WMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.77 | ||
| Sortino ratioReturn per unit of downside risk | +4.18 | ||
| Omega ratioGain probability vs. loss probability | 1.89 | 1.25 | +0.64 |
| Calmar ratioReturn relative to maximum drawdown | 11.51 | 2.10 | +9.42 |
| Martin ratioReturn relative to average drawdown | 48.39 | 6.85 | +41.54 |
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Drawdowns
TD.TO vs. WMT - Drawdown Comparison
The maximum TD.TO drawdown since its inception was -52.42%, which is greater than WMT's maximum drawdown of -47.96%. Use the drawdown chart below to compare losses from any high point for TD.TO and WMT.
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Drawdown Indicators
| TD.TO | WMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.42% | -47.96% | -4.46% |
Max Drawdown (1Y)Largest decline over 1 year | -6.68% | -15.14% | +8.46% |
Max Drawdown (3Y)Largest decline over 3 years | -15.04% | -22.27% | +7.23% |
Max Drawdown (5Y)Largest decline over 5 years | -26.06% | -24.22% | -1.84% |
Max Drawdown (10Y)Largest decline over 10 years | -35.80% | -24.22% | -11.58% |
Current DrawdownCurrent decline from peak | 0.00% | -8.27% | +8.27% |
Average DrawdownAverage peak-to-trough decline | -7.29% | -13.52% | +6.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.59% | 4.63% | -3.04% |
Volatility
TD.TO vs. WMT - Volatility Comparison
The current volatility for The Toronto-Dominion Bank (TD.TO) is 5.14%, while Walmart Inc. (WMT) has a volatility of 10.08%. This indicates that TD.TO experiences smaller price fluctuations and is considered to be less risky than WMT 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 | WMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.14% | 10.08% | -4.94% |
Volatility (6M)Calculated over the trailing 6-month period | 11.73% | 19.04% | -7.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.16% | 24.44% | -9.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.17% | 22.53% | -5.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.29% | 22.81% | -3.52% |
Dividends
TD.TO vs. WMT - Dividend Comparison
TD.TO's dividend yield for the trailing twelve months is around 2.60%, more than WMT's 0.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
WMT Walmart Inc. | 0.80% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
Financials
TD.TO vs. WMT - Financials Comparison
This section allows you to compare key financial metrics between The Toronto-Dominion Bank and Walmart 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. WMT - 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%.
WMT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported a gross profit of 44.69B and revenue of 177.75B. Therefore, the gross margin over that period was 25.1%.
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%.
WMT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported an operating income of 7.49B and revenue of 177.75B, resulting in an operating margin of 4.2%.
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%.
WMT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported a net income of 5.65B and revenue of 177.75B, resulting in a net margin of 3.2%.
Frequently Asked Questions
TD.TO and WMT have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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