Royal Bank of Canada

10-Year Study

RY.TO · Financial Services · CA · Common Stock

Executive Summary: Royal Bank of Canada has compounded at 16.2% annually over the last 10 years, with a maximum drawdown of 19.4% and an annualized volatility of 17.0%.

1Y CAGR
+46.4%
3Y CAGR
+31.0%
5Y CAGR
+18.6%
10Y CAGR
+16.2%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
19.4%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.86
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
1.44
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
15.9%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +39.6%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2018 · -5.5%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
80%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026-2.40.6-1.47.2————————3.8%
20253.1-3.5-5.23.05.13.2-0.112.32.80.95.28.339.6%
2024-1.10.43.7-1.511.9-2.26.95.63.60.64.6-1.634.4%
20238.01.7-6.75.1-9.74.24.4-6.9-2.5-5.510.79.39.8%
20228.9-3.3-1.8-4.91.9-5.71.2-2.21.82.46.1-4.8-1.5%
2021-0.04.76.92.25.91.11.32.7-2.83.0-2.06.333.1%
20202.8-4.6-12.7-0.54.33.11.57.5-5.90.813.8-1.46.5%
20198.12.8-2.06.9-4.92.51.1-4.57.9-0.22.3-5.514.3%
20183.5-4.0-1.6-0.90.41.03.52.1-0.1-6.41.6-4.1-5.5%
20173.93.10.4-2.6-0.10.8-0.3-0.44.25.4-0.01.817.1%
2016———5.21.2-3.25.32.4-0.34.13.94.425.2%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 17.0%. The dominant macroeconomic risk driver is VTI.US, accounting for 74.5% of variance. Idiosyncratic stock-specific factors contribute 20.5%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110521.198434914884
2016-05-0110644.068594010963
2016-06-0110307.841891902488
2016-07-0110856.07254592929
2016-08-0111120.690331129983
2016-09-0111083.87633004791
2016-10-0111543.718096492672
2016-11-0111995.542330220414
2016-12-0112517.622889761866
2017-01-0113002.889448221247
2017-02-0113408.705981981135
2017-03-0113465.69123285738
2017-04-0113109.45010311057
2017-05-0113095.43412293289
2017-06-0113206.228976029735
2017-07-0113165.827668132955
2017-08-0113119.114268463849
2017-09-0113665.502262159598
2017-10-0114406.839798326708
2017-11-0114403.977793982735
2017-12-0114661.068115703389
2018-01-0115171.01456093717
2018-02-0114561.682074443479
2018-03-0114335.544525730596
2018-04-0114200.971513255394
2018-05-0114253.33051053453
2018-06-0114397.312852359782
2018-07-0114906.984858820855
2018-08-0115216.728219362833
2018-09-0115199.105329600967
2018-10-0114222.122901523526
2018-11-0114444.516321265868
2018-12-0113854.414151631343
2019-01-0114976.809923706023
2019-02-0115400.562991539444
2019-03-0115096.582845224375
2019-04-0116140.17548399238
2019-05-0115355.613841123475
2019-06-0115732.026220664455
2019-07-0115908.50995428634
2019-08-0115200.242290230766
2019-09-0116404.59724149828
2019-10-0116377.153364227299
2019-11-0116760.995193400926
2019-12-0115839.15535586868
2020-01-0116280.570519002926
2020-02-0115539.546627147485
2020-03-0113570.252405259816
2020-04-0113504.70074412113
2020-05-0114088.2359859801
2020-06-0114526.651925384018
2020-07-0114739.773235162666
2020-08-0115845.251817176731
2020-09-0114913.649800443809
2020-10-0115027.71831604369
2020-11-0117108.630707346336
2020-12-0116871.515607725058
2021-01-0116865.34073533909
2021-02-0117657.2730195322
2021-03-0118881.034712584194
2021-04-0119294.398312593607
2021-05-0120429.261446057102
2021-06-0120656.24191385759
2021-07-0120932.89579951856
2021-08-0121500.258756557127
2021-09-0120908.01988504936
2021-10-0121545.521551284764
2021-11-0121124.042404710937
2021-12-0122453.69825848996
2022-01-0124444.614335113263
2022-02-0123648.50666102107
2022-03-0123215.030619525925
2022-04-0122075.443218617926
2022-05-0122487.179788760553
2022-06-0121206.04078944273
2022-07-0121465.73827950413
2022-08-0120996.38916986192
2022-09-0121381.48557628222
2022-10-0121895.352575411856
2022-11-0123238.083476433552
2022-12-0122112.472850164275
2023-01-0123884.837649863173
2023-02-0124302.317831463228
2023-03-0122672.700399112386
2023-04-0123827.85239898693
2023-05-0121510.785443767494
2023-06-0122412.45403150557
2023-07-0123397.43438953055
2023-08-0121788.439070671902
2023-09-0121244.364203774712
2023-10-0120068.74691256381
2023-11-0122217.680913959524
2023-12-0124279.637427175712
2024-01-0124021.978625140164
2024-02-0124129.989884970953
2024-03-0125012.44775861934
2024-04-0124633.683046740847
2024-05-0127554.06443822383
2024-06-0126938.184626724065
2024-07-0128803.015690056694
2024-08-0130427.242360800734
2024-09-0131513.804270267305
2024-10-0131696.992151051098
2024-11-0133159.593987438544
2024-12-0132625.00686096932
2025-01-0133634.490680843395
2025-02-0132457.52079853842
2025-03-0130771.819842707377
2025-04-0131698.48196153153
2025-05-0133321.061999639314
2025-06-0134380.41526506865
2025-07-0134348.560764664835
2025-08-0138558.33392141642
2025-09-0139628.645134984676
2025-10-0139993.962347000386
2025-11-0142070.8365677903
2025-12-0145545.27063583543
2026-01-0144443.39896340555
2026-02-0144708.03635137572
2026-03-0144082.70800498695
2026-04-0147262.27721452487
Annual Return Matrix
YearAnnual Return
20170.17123420675139855
2018-0.05502013616648049
20190.14325695641223746
20200.06517773382870917
20210.3308643266292539
2022-0.015196846612858805
20230.0980064324644423
20240.3437188656059913
20250.39602332744098745
20260.037698899462428104
Total Factor Risk
0.1696105790406894
VTI.US Exposure
0.7450489565344061
VEA.US Exposure
0.1593667092858613
VWO.US Exposure
-0.026843840705342004
QQQ.US Exposure
-0.1524093471541559
VTV.US Exposure
-0.06219088552560531
IJR.US Exposure
0.13325578028943588
QUAL.US Exposure
-0.11945468206784768
SHV.US Exposure
0.10228193327728874
TLT.US Exposure
0.043175980915527
LQD.US Exposure
-0.031088509426471216
HYG.US Exposure
0.003432257170317189
GLD.US Exposure
-0.014903557536832696
USO.US Exposure
0.001384236210855008
VNQ.US Exposure
-0.051022934828061035
BTC-USD.CC Exposure
-0.005196531868211877
CPER.US Exposure
0.018890452815171783
VIX.INDX Exposure
-0.017762228435006598
UUP.US Exposure
0.0545262221499835
TIP.US Exposure
0.014908936448883072
Idiosyncratic Exposure
0.20460105244980487
Value Score
43.8
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
32.8
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
17.0%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →15.6x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →2.73%
Market Cap$317.4B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$5,257
Avg Yield on Cost
8.76%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2021$635.136.35%Solid
2022$972.39.72%Solid
2023$1,046.7910.47%Solid
2024$1,097.7610.98%Solid
2025$1,184.0111.84%Solid
2026$321.493.21%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+5.2%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+14.5%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
0.3% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.92
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Royal Bank of Canada a high-risk investment?

Royal Bank of Canada (RY.TO) has an annualized volatility of 17.0% and experienced a maximum drawdown of 19.4% over the last 10 years. Its primary macro risk driver is VTI.US.

What is the 10-year return of RY.TO?

Over the past 10 years, RY.TO has generated a Compound Annual Growth Rate (CAGR) of 16.2%. It has had a positive return in 80% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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