TD vs. HD
TD (The Toronto-Dominion Bank) and HD (The Home Depot, Inc.) are both stocks. TD operates in Banks - Diversified (Financial Services), while HD operates in Home Improvement Retail (Consumer Cyclical). Over the past 10 years, TD returned 14.57%/yr vs 11.84%/yr for HD. At a 0.36 correlation, their price movements are largely independent.
Performance
TD vs. HD - Performance Comparison
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Returns By Period
In the year-to-date period, TD achieves a 23.17% return, which is significantly higher than HD's -8.71% return. Over the past 10 years, TD has outperformed HD with an annualized return of 14.57%, while HD has yielded a comparatively lower 11.84% annualized return.
TD
- 1D
- 0.89%
- 1M
- 6.24%
- YTD
- 23.17%
- 6M
- 31.66%
- 1Y
- 68.14%
- 3Y*
- 30.41%
- 5Y*
- 14.58%
- 10Y*
- 14.57%
HD
- 1D
- -0.34%
- 1M
- -1.71%
- YTD
- -8.71%
- 6M
- -10.23%
- 1Y
- -13.44%
- 3Y*
- 3.97%
- 5Y*
- 2.68%
- 10Y*
- 11.84%
TD vs. HD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TD The Toronto-Dominion Bank | 23.17% | 85.32% | -13.40% | 5.04% | -12.19% | 41.25% | 5.58% | 17.45% | -12.10% | 22.85% |
HD The Home Depot, Inc. | -8.71% | -9.33% | 15.00% | 12.77% | -21.98% | 59.51% | 24.50% | 30.56% | -7.30% | 44.61% |
Correlation
The correlation between TD and HD is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Sep 3, 1996 | 0.36 |
Fundamentals
TD:
$139.89B
HD:
$308.47B
TD:
$10.11
HD:
$14.08
TD:
11.29
HD:
22.00
TD:
1.50
HD:
1.85
TD:
1.24
HD:
22.23
TD:
$112.63B
HD:
$166.59B
TD:
$59.49B
HD:
$55.19B
TD:
$19.99B
HD:
$23.12B
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Return for Risk
TD vs. HD — Risk / Return Rank
TD
HD
TD vs. HD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Toronto-Dominion Bank (TD) and The Home Depot, Inc. (HD). 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.
| TD | HD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.71 | ||
| Sortino ratioReturn per unit of downside risk | +5.94 | ||
| Omega ratioGain probability vs. loss probability | 1.68 | 0.92 | +0.76 |
| Calmar ratioReturn relative to maximum drawdown | 9.13 | -0.47 | +9.60 |
| Martin ratioReturn relative to average drawdown | 35.63 | -0.96 | +36.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TD | HD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.14 | -0.58 | +4.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.11 | +0.63 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | 0.48 | +0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.68 | -0.08 |
Drawdowns
TD vs. HD - Drawdown Comparison
The maximum TD drawdown since its inception was -64.18%, smaller than the maximum HD drawdown of -70.46%. Use the drawdown chart below to compare losses from any high point for TD and HD.
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Drawdown Indicators
| TD | HD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.18% | -70.46% | +6.28% |
Max Drawdown (1Y)Largest decline over 1 year | -7.50% | -28.81% | +21.31% |
Max Drawdown (3Y)Largest decline over 3 years | -19.19% | -28.84% | +9.65% |
Max Drawdown (5Y)Largest decline over 5 years | -30.93% | -34.73% | +3.80% |
Max Drawdown (10Y)Largest decline over 10 years | -41.98% | -37.99% | -3.99% |
Current DrawdownCurrent decline from peak | 0.00% | -25.37% | +25.37% |
Average DrawdownAverage peak-to-trough decline | -11.23% | -20.60% | +9.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.92% | 14.08% | -12.16% |
Volatility
TD vs. HD - Volatility Comparison
The current volatility for The Toronto-Dominion Bank (TD) is 5.13%, while The Home Depot, Inc. (HD) has a volatility of 6.57%. This indicates that TD experiences smaller price fluctuations and is considered to be less risky than HD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TD | HD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.13% | 6.57% | -1.44% |
Volatility (6M)Calculated over the trailing 6-month period | 12.90% | 17.61% | -4.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.58% | 23.46% | -6.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.83% | 24.05% | -4.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.73% | 24.81% | -3.08% |
Dividends
TD vs. HD - Dividend Comparison
TD's dividend yield for the trailing twelve months is around 2.69%, less than HD's 2.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HD The Home Depot, Inc. | 2.99% | 2.67% | 2.31% | 2.41% | 2.41% | 1.59% | 2.26% | 2.49% | 2.40% | 1.88% | 2.06% | 1.78% |
TD The Toronto-Dominion Bank | 2.69% | 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. HD - Financials Comparison
This section allows you to compare key financial metrics between The Toronto-Dominion Bank and The Home Depot, 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 vs. HD - 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%.
HD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Home Depot, Inc. reported a gross profit of 13.78B and revenue of 41.77B. Therefore, the gross margin over that period was 33.0%.
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%.
HD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Home Depot, Inc. reported an operating income of 4.98B and revenue of 41.77B, resulting in an operating margin of 11.9%.
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%.
HD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Home Depot, Inc. reported a net income of 3.29B and revenue of 41.77B, resulting in a net margin of 7.9%.
Frequently Asked Questions
TD and HD have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HD has higher volatility (6.57%) compared to TD (5.13%). In terms of maximum drawdown, TD dropped -64.18% vs HD's -70.46%.
TD currently has the higher Sharpe Ratio (4.14 vs -0.58), 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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