TD vs. CL
TD (The Toronto-Dominion Bank) and CL (Colgate-Palmolive Company) are both stocks. TD operates in Banks - Diversified (Financial Services), while CL operates in Household & Personal Products (Consumer Defensive). Over the past 10 years, TD returned 15.16%/yr vs 4.62%/yr for CL. At a 0.27 correlation, their price movements are largely independent.
Performance
TD vs. CL - Performance Comparison
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Returns By Period
In the year-to-date period, TD achieves a 26.58% return, which is significantly higher than CL's 14.60% return. Over the past 10 years, TD has outperformed CL with an annualized return of 15.16%, while CL has yielded a comparatively lower 4.62% annualized return.
TD
- 1D
- 0.93%
- 1M
- 9.00%
- YTD
- 26.58%
- 6M
- 30.43%
- 1Y
- 71.79%
- 3Y*
- 31.09%
- 5Y*
- 15.31%
- 10Y*
- 15.16%
CL
- 1D
- 0.07%
- 1M
- 0.69%
- YTD
- 14.60%
- 6M
- 15.59%
- 1Y
- 1.61%
- 3Y*
- 8.47%
- 5Y*
- 3.79%
- 10Y*
- 4.62%
TD vs. CL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TD The Toronto-Dominion Bank | 26.58% | 85.32% | -13.40% | 5.04% | -12.19% | 41.25% | 5.58% | 17.45% | -12.10% | 22.85% |
CL Colgate-Palmolive Company | 14.60% | -10.98% | 16.57% | 3.78% | -5.44% | 2.08% | 27.17% | 18.60% | -19.19% | 17.88% |
Correlation
The correlation between TD and CL is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Aug 30, 1996 | 0.27 |
The correlation between TD and CL shifts across timeframes, from 0.07 (3 years) to 0.27 (all time), reflecting how their relationship changes across market environments.
Fundamentals
TD:
$143.77B
CL:
$72.02B
TD:
CA$10.11
CL:
$2.58
TD:
16.22
CL:
34.68
TD:
0.58
CL:
8.96
TD:
2.15
CL:
3.48
TD:
1.78
CL:
496.66
TD:
CA$112.63B
CL:
$20.80B
TD:
CA$59.49B
CL:
$12.49B
TD:
CA$19.99B
CL:
$3.92B
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Return for Risk
TD vs. CL — Risk / Return Rank
TD
CL
TD vs. CL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Toronto-Dominion Bank (TD) and Colgate-Palmolive Company (CL). 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 | CL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.43 | ||
| Sortino ratioReturn per unit of downside risk | +5.40 | ||
| Omega ratioGain probability vs. loss probability | 1.71 | 1.01 | +0.71 |
| Calmar ratioReturn relative to maximum drawdown | 9.63 | -0.08 | +9.71 |
| Martin ratioReturn relative to average drawdown | 37.58 | -0.14 | +37.72 |
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Drawdowns
TD vs. CL - Drawdown Comparison
The maximum TD drawdown since its inception was -64.18%, which is greater than CL's maximum drawdown of -58.91%. Use the drawdown chart below to compare losses from any high point for TD and CL.
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Drawdown Indicators
| TD | CL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.18% | -58.91% | -5.27% |
Max Drawdown (1Y)Largest decline over 1 year | -7.50% | -18.64% | +11.14% |
Max Drawdown (3Y)Largest decline over 3 years | -19.19% | -29.05% | +9.86% |
Max Drawdown (5Y)Largest decline over 5 years | -30.93% | -29.05% | -1.88% |
Max Drawdown (10Y)Largest decline over 10 years | -41.98% | -29.05% | -12.93% |
Current DrawdownCurrent decline from peak | 0.00% | -14.31% | +14.31% |
Average DrawdownAverage peak-to-trough decline | -11.22% | -11.24% | +0.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.92% | 11.35% | -9.43% |
Volatility
TD vs. CL - Volatility Comparison
The current volatility for The Toronto-Dominion Bank (TD) is 5.00%, while Colgate-Palmolive Company (CL) has a volatility of 8.32%. This indicates that TD experiences smaller price fluctuations and is considered to be less risky than CL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TD | CL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.00% | 8.32% | -3.32% |
Volatility (6M)Calculated over the trailing 6-month period | 12.55% | 17.28% | -4.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.57% | 21.83% | -5.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.83% | 18.81% | +1.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.72% | 19.75% | +1.97% |
Dividends
TD vs. CL - Dividend Comparison
TD's dividend yield for the trailing twelve months is around 2.62%, more than CL's 2.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CL Colgate-Palmolive Company | 2.34% | 2.61% | 2.18% | 2.40% | 2.36% | 2.10% | 2.05% | 2.48% | 2.79% | 2.11% | 2.37% | 2.25% |
TD The Toronto-Dominion Bank | 2.62% | 3.17% | 5.65% | 4.80% | 4.24% | 3.27% | 4.10% | 3.89% | 4.08% | 3.03% | 3.58% | 5.11% |
Financials
TD vs. CL - Financials Comparison
This section allows you to compare key financial metrics between The Toronto-Dominion Bank and Colgate-Palmolive Company. 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 vs. CL - Profitability Comparison
TD - 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 14.90B and revenue of 27.02B. Therefore, the gross margin over that period was 55.2%.
CL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Colgate-Palmolive Company reported a gross profit of 3.23B and revenue of 5.32B. Therefore, the gross margin over that period was 60.6%.
TD - 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 5.02B and revenue of 27.02B, resulting in an operating margin of 18.6%.
CL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Colgate-Palmolive Company reported an operating income of 1.16B and revenue of 5.32B, resulting in an operating margin of 21.7%.
TD - 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 27.02B, resulting in a net margin of 15.7%.
CL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Colgate-Palmolive Company reported a net income of 646.00M and revenue of 5.32B, resulting in a net margin of 12.1%.
Frequently Asked Questions
TD and CL have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CL has higher volatility (8.32%) compared to TD (5.00%). In terms of maximum drawdown, TD dropped -64.18% vs CL's -58.91%.
TD currently has the higher Sharpe Ratio (4.36 vs -0.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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