WASH vs. TD
WASH (Washington Trust Bancorp, Inc.) and TD (The Toronto-Dominion Bank) are both stocks. Both are in the Financial Services sector — WASH in Banks - Regional, TD in Banks - Diversified. Over the past 10 years, WASH returned 4.62%/yr vs 15.64%/yr for TD. At a 0.33 correlation, their price movements are largely independent.
Performance
WASH vs. TD - Performance Comparison
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Returns By Period
In the year-to-date period, WASH achieves a 23.52% return, which is significantly lower than TD's 29.01% return. Over the past 10 years, WASH has underperformed TD with an annualized return of 4.62%, while TD has yielded a comparatively higher 15.64% annualized return.
WASH
- 1D
- 0.83%
- 1M
- 9.72%
- YTD
- 23.52%
- 6M
- 19.79%
- 1Y
- 41.64%
- 3Y*
- 18.04%
- 5Y*
- -1.13%
- 10Y*
- 4.62%
TD
- 1D
- 0.24%
- 1M
- 6.89%
- YTD
- 29.01%
- 6M
- 30.62%
- 1Y
- 74.89%
- 3Y*
- 32.54%
- 5Y*
- 16.11%
- 10Y*
- 15.64%
WASH vs. TD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WASH Washington Trust Bancorp, Inc. | 23.52% | 1.69% | 2.68% | -26.09% | -12.49% | 30.86% | -11.78% | 17.70% | -7.75% | -2.21% |
TD The Toronto-Dominion Bank | 29.01% | 85.32% | -13.40% | 5.04% | -12.19% | 41.25% | 5.58% | 17.45% | -12.10% | 22.85% |
Correlation
The correlation between WASH and TD is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Aug 30, 1996 | 0.33 |
The correlation between WASH and TD shifts across timeframes, from 0.33 (all time) to 0.51 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
WASH:
$2.71
TD:
CA$10.11
WASH:
12.98
TD:
16.76
WASH:
1.78
TD:
2.22
WASH:
$381.08M
TD:
CA$112.63B
WASH:
$206.98M
TD:
CA$59.49B
WASH:
$70.64M
TD:
CA$19.99B
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Return for Risk
WASH vs. TD — Risk / Return Rank
WASH
TD
WASH vs. TD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Washington Trust Bancorp, Inc. (WASH) and The Toronto-Dominion Bank (TD). 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.
| WASH | TD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.33 | ||
| Sortino ratioReturn per unit of downside risk | -3.95 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.74 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | 2.37 | 10.04 | -7.66 |
| Martin ratioReturn relative to average drawdown | 5.74 | 39.19 | -33.44 |
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Drawdowns
WASH vs. TD - Drawdown Comparison
The maximum WASH drawdown since its inception was -60.33%, smaller than the maximum TD drawdown of -64.18%. Use the drawdown chart below to compare losses from any high point for WASH and TD.
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Drawdown Indicators
| WASH | TD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.33% | -64.18% | +3.85% |
Max Drawdown (1Y)Largest decline over 1 year | -17.65% | -7.50% | -10.15% |
Max Drawdown (3Y)Largest decline over 3 years | -32.25% | -19.19% | -13.06% |
Max Drawdown (5Y)Largest decline over 5 years | -60.33% | -30.93% | -29.40% |
Max Drawdown (10Y)Largest decline over 10 years | -60.33% | -41.98% | -18.35% |
Current DrawdownCurrent decline from peak | -22.28% | 0.00% | -22.28% |
Average DrawdownAverage peak-to-trough decline | -17.45% | -11.21% | -6.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.27% | 1.92% | +5.35% |
Volatility
WASH vs. TD - Volatility Comparison
Washington Trust Bancorp, Inc. (WASH) has a higher volatility of 8.44% compared to The Toronto-Dominion Bank (TD) at 4.57%. This indicates that WASH's price experiences larger fluctuations and is considered to be riskier than TD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WASH | TD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.44% | 4.57% | +3.87% |
Volatility (6M)Calculated over the trailing 6-month period | 28.99% | 12.50% | +16.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.37% | 16.58% | +17.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.07% | 19.83% | +14.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.94% | 21.72% | +12.22% |
Dividends
WASH vs. TD - Dividend Comparison
WASH's dividend yield for the trailing twelve months is around 6.36%, more than TD's 2.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TD The Toronto-Dominion Bank | 2.57% | 3.17% | 5.65% | 4.80% | 4.24% | 3.27% | 4.10% | 3.89% | 4.08% | 3.03% | 3.58% | 5.11% |
WASH Washington Trust Bancorp, Inc. | 6.36% | 7.58% | 5.36% | 6.92% | 4.62% | 3.73% | 4.58% | 3.72% | 3.70% | 2.89% | 2.60% | 3.44% |
Financials
WASH vs. TD - Financials Comparison
This section allows you to compare key financial metrics between Washington Trust Bancorp, Inc. and The Toronto-Dominion Bank. 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
WASH vs. TD - Profitability Comparison
WASH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Washington Trust Bancorp, Inc. reported a gross profit of 52.77M and revenue of 91.46M. Therefore, the gross margin over that period was 57.7%.
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%.
WASH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Washington Trust Bancorp, Inc. reported an operating income of 20.67M and revenue of 91.46M, resulting in an operating margin of 22.6%.
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%.
WASH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Washington Trust Bancorp, Inc. reported a net income of 15.97M and revenue of 91.46M, resulting in a net margin of 17.5%.
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%.
Frequently Asked Questions
WASH and TD have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WASH has higher volatility (8.44%) compared to TD (4.57%). In terms of maximum drawdown, WASH dropped -60.33% vs TD's -64.18%.
TD currently has the higher Sharpe Ratio (4.55 vs 1.22), 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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