TECK-B.TO vs. TECK

Last updated Jun 4, 2026

TECK-B.TO (Teck Resources Limited) and TECK (Teck Resources Limited) are both stocks. Both operate in the Other Industrial Metals & Mining industry within the Basic Materials sector. Over the past 10 years, TECK-B.TO returned 22.60%/yr vs 22.71%/yr for TECK. With a 0.96 correlation, they move nearly in lockstep.

Performance

TECK-B.TO vs. TECK - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Teck Resources Limited (TECK-B.TO) and Teck Resources Limited (TECK). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

TECK-B.TO is traded in CAD, while TECK is traded in USD. To make them comparable, the TECK values have been converted to CAD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both stocks are quite close, with TECK-B.TO having a 42.56% return and TECK slightly lower at 42.42%. Both investments have delivered pretty close results over the past 10 years, with TECK-B.TO having a 22.60% annualized return and TECK not far ahead at 22.71%.

TECK-B.TO

• 1D: -4.28%
• 1M: 20.95%
• YTD: 42.56%
• 6M: 51.31%
• 1Y: 85.45%
• 3Y*: 18.42%
• 5Y*: 27.43%
• 10Y*: 22.60%

TECK

• 1D: -4.33%
• 1M: 20.79%
• YTD: 42.42%
• 6M: 51.25%
• 1Y: 85.30%
• 3Y*: 18.35%
• 5Y*: 27.41%
• 10Y*: 22.71%

*Multi-year figures are annualized to reflect compound growth (CAGR)

TECK-B.TO vs. TECK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TECK-B.TO Teck Resources Limited	42.56%	13.74%	5.72%	11.61%	43.23%	58.74%	3.94%	-22.78%	-9.77%	24.91%
TECK Teck Resources Limited	42.42%	13.74%	5.79%	11.45%	43.35%	58.39%	4.09%	-22.73%	-9.82%	25.67%

Correlation

The correlation between TECK-B.TO and TECK is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.97
Correlation (All Time) Calculated using the full available price history since Jun 23, 2009	0.96

The correlation between TECK-B.TO and TECK has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.

Fundamentals

Market Cap TECK-B.TO : CA$45.90B TECK : $33.00B
EPS TECK-B.TO : CA$3.76 TECK : $3.76
PE Ratio TECK-B.TO : 24.86 TECK : 17.88
PEG Ratio TECK-B.TO : 0.60 TECK : 0.43
PS Ratio TECK-B.TO : 3.71 TECK : 2.67
PB Ratio TECK-B.TO : 1.75 TECK : 1.26
Total Revenue (TTM) TECK-B.TO : CA$12.41B TECK : $12.41B
Gross Profit (TTM) TECK-B.TO : CA$3.76B TECK : $3.76B
EBITDA (TTM) TECK-B.TO : CA$4.88B TECK : $5.22B

Return for Risk

TECK-B.TO vs. TECK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TECK-B.TO

TECK-B.TO Risk / Return Rank: 84
TECK-B.TO Sharpe Ratio Rank: 87
TECK-B.TO Sortino Ratio Rank: 83
TECK-B.TO Omega Ratio Rank: 80
TECK-B.TO Calmar Ratio Rank: 84
TECK-B.TO Martin Ratio Rank: 85

TECK

TECK Risk / Return Rank: 82
TECK Sharpe Ratio Rank: 85
TECK Sortino Ratio Rank: 82
TECK Omega Ratio Rank: 78
TECK Calmar Ratio Rank: 83
TECK Martin Ratio Rank: 83

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TECK-B.TO vs. TECK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teck Resources Limited (TECK-B.TO) and Teck Resources Limited (TECK). 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.

	TECK-B.TO	TECK	Difference
Sharpe ratio Return per unit of total volatility	1.93	1.92	+0.02
Sortino ratio Return per unit of downside risk	2.58	2.58	0.00
Omega ratio Gain probability vs. loss probability	1.31	1.31	0.00
Calmar ratio Return relative to maximum drawdown	3.35	3.33	+0.02
Martin ratio Return relative to average drawdown	8.84	8.71	+0.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TECK-B.TO vs. TECK - Sharpe Ratio Comparison

The current TECK-B.TO Sharpe Ratio is 1.93, which is comparable to the TECK Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of TECK-B.TO and TECK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TECK-B.TO	TECK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.93	1.92	+0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	0.64	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	0.49	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	-0.02	0.26	-0.28

Drawdowns

TECK-B.TO vs. TECK - Drawdown Comparison

The maximum TECK-B.TO drawdown since its inception was -98.12%, which is greater than TECK's maximum drawdown of -93.00%. Use the drawdown chart below to compare losses from any high point for TECK-B.TO and TECK.

Drawdown Indicators

	TECK-B.TO	TECK	Difference
Max Drawdown Largest peak-to-trough decline	-98.12%	-93.00%	-5.12%
Max Drawdown (1Y) Largest decline over 1 year	-25.67%	-25.78%	+0.11%
Max Drawdown (3Y) Largest decline over 3 years	-42.51%	-43.58%	+1.07%
Max Drawdown (5Y) Largest decline over 5 years	-42.51%	-43.58%	+1.07%
Max Drawdown (10Y) Largest decline over 10 years	-76.97%	-76.37%	-0.60%
Current Drawdown Current decline from peak	-31.36%	-4.33%	-27.03%
Average Drawdown Average peak-to-trough decline	-75.53%	-39.20%	-36.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.70%	9.83%	-0.13%

Volatility

TECK-B.TO vs. TECK - Volatility Comparison

Teck Resources Limited (TECK-B.TO) and Teck Resources Limited (TECK) have volatilities of 15.27% and 15.12%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TECK-B.TO	TECK	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.27%	15.12%	+0.15%
Volatility (6M) Calculated over the trailing 6-month period	33.17%	33.04%	+0.13%
Volatility (1Y) Calculated over the trailing 1-year period	44.41%	44.72%	-0.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.92%	42.84%	+0.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.07%	46.85%	+0.22%

Dividends

TECK-B.TO vs. TECK - Dividend Comparison

TECK-B.TO's dividend yield for the trailing twelve months is around 0.53%, less than TECK's 0.54% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TECK Teck Resources Limited	0.54%	0.75%	1.81%	1.74%	2.05%	0.56%	0.83%	0.87%	1.11%	2.29%	0.50%	5.18%
TECK-B.TO Teck Resources Limited	0.53%	0.76%	1.72%	1.79%	1.95%	0.55%	0.87%	0.89%	0.98%	1.83%	0.37%	3.75%

Financials

TECK-B.TO vs. TECK - Profitability Comparison

The chart below illustrates the profitability comparison between Teck Resources Limited and Teck Resources Limited over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TECK-B.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Teck Resources Limited reported a gross profit of 1.72B and revenue of 3.94B. Therefore, the gross margin over that period was 43.5%.

TECK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Teck Resources Limited reported a gross profit of 1.72B and revenue of 3.94B. Therefore, the gross margin over that period was 43.5%.

TECK-B.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Teck Resources Limited reported an operating income of 1.48B and revenue of 3.94B, resulting in an operating margin of 37.6%.

TECK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Teck Resources Limited reported an operating income of 1.48B and revenue of 3.94B, resulting in an operating margin of 37.6%.

TECK-B.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Teck Resources Limited reported a net income of 819.00M and revenue of 3.94B, resulting in a net margin of 20.8%.

TECK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Teck Resources Limited reported a net income of 819.00M and revenue of 3.94B, resulting in a net margin of 20.8%.

Frequently Asked Questions

Can I hold both TECK-B.TO and TECK in my portfolio?

With a correlation of 0.95, TECK-B.TO and TECK move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.