HDB vs BMO
Comparison between HDFC Bank Ltd (HDB, Company) and Bank of Montreal (BMO, Company).
Both HDB and BMO are from the Financial Services sector.
5-Year PerformanceBMO has outperformed HDB, delivering a return of +15.1% compared to -6.8%
HDB vs BMO - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
HDB vs BMO - Historical Returns
Returns include dividend reinvestment.
HDB vs BMO - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | HDB | BMO |
|---|---|---|
| 2026 | -32.18% | +29.58% |
| 2025 | +16.67% | +39.63% |
| 2024 | -1.83% | +4.14% |
| 2023 | +0.16% | +14.70% |
| 2022 | +5.02% | -13.33% |
| 2021 | -6.36% | +50.18% |
| 2020 | +13.44% | +3.23% |
| 2019 | +22.49% | +22.41% |
| 2018 | +1.78% | -15.22% |
| 2017 | +72.77% | +16.13% |
| 2016 | +2.01% | +38.11% |
| 2015 | +19.20% | -15.17% |
| 2014 | +51.28% | +11.59% |
| 2013 | -15.81% | +12.35% |
| 2012 | +51.19% | +14.28% |
| 2011 | -21.96% | -1.53% |
| 2010 | +25.89% | +12.59% |
| 2009 | +70.58% | +117.13% |
| 2008 | -43.66% | -51.18% |
| 2007 | +75.23% | -0.12% |
| 2006 | +44.82% | +7.35% |
| 2005 | +12.12% | +22.60% |
| 2004 | +43.71% | +19.52% |
| 2003 | +127.33% | +58.98% |
| 2002 | -7.01% | +23.28% |
| 2001 | -0.75% | -6.32% |
| 2000 | N/A | +65.58% |
| 1999 | N/A | -9.33% |
HDB vs BMO Drawdown Comparison
The maximum drawdown for HDB was -67.94%, occurring on Nov 20, 2008. Recovery took 583 trading sessions.
The maximum drawdown for BMO was -68.20%, occurring on Feb 23, 2009. Recovery took 584 trading sessions.
The current HDB drawdown is -36.54%.
| Rank | HDB | BMO |
|---|---|---|
| #1 | -67.94% Dec 6, 2007 - Apr 1, 2010 | -68.20% Nov 6, 2007 - Mar 4, 2010 |
| #2 | -54.28% Jul 3, 2019 - Nov 9, 2020 | -50.96% Jan 21, 2020 - Dec 3, 2020 |
| #3 | -40.98% Jul 23, 2025 - Jun 8, 2026 | -33.91% Mar 22, 2022 - May 27, 2025 |
| #4 | -39.02% Mar 11, 2021 - Jul 21, 2025 | -33.86% Sep 3, 2014 - Dec 6, 2016 |
| #5 | -36.32% May 8, 2013 - May 9, 2014 | -26.55% Feb 12, 2001 - Dec 12, 2002 |
| #6 | -34.37% Oct 5, 2010 - Sep 28, 2012 | -24.45% Nov 15, 1999 - May 17, 2000 |
| #7 | -32.89% Jan 7, 2004 - Oct 29, 2004 | -23.48% Sep 21, 2018 - Jan 21, 2020 |
| #8 | -29.46% May 8, 2006 - Oct 5, 2006 | -19.74% Jan 22, 2004 - Oct 1, 2004 |
| #9 | -28.84% Sep 7, 2001 - Apr 7, 2003 | -17.98% Apr 29, 2011 - Dec 18, 2012 |
| #10 | -22.68% Jul 20, 2018 - Mar 15, 2019 | -17.80% Apr 26, 2010 - Feb 24, 2011 |
| #11 | -22.43% Oct 4, 2005 - Jan 6, 2006 | -14.70% Jul 19, 2007 - Oct 1, 2007 |
| #12 | -22.04% Feb 7, 2007 - May 18, 2007 | -13.27% Feb 27, 2006 - Aug 23, 2006 |
| #13 | -20.63% Oct 31, 2007 - Dec 5, 2007 | -13.06% Nov 15, 2013 - May 8, 2014 |
| #14 | -20.34% Oct 7, 2015 - Jun 2, 2016 | -12.61% Feb 16, 2017 - Jul 14, 2017 |
| #15 | -20.07% Sep 6, 2016 - Mar 20, 2017 | -11.62% Feb 26, 2026 - Apr 15, 2026 |
Correlation
Correlation between HDB and BMO is 0.89 which considered as a strong positive correlation - the stocks tend to move together.
Dividend Comparison (1999 - 2026)
HDB vs BMO dividend yield comparison.
| Year | HDB | BMO |
|---|---|---|
| 2026 | 0.00% | 1.46% |
| 2025 | 2.32% | 3.55% |
| 2024 | 2.19% | 4.60% |
| 2023 | 2.06% | 4.76% |
| 2022 | 1.70% | 4.62% |
| 2021 | 0.81% | 3.95% |
| 2020 | 0.00% | 4.15% |
| 2019 | 0.17% | 3.96% |
| 2018 | 0.55% | 4.78% |
| 2017 | 0.49% | 4.45% |
| 2016 | 0.66% | 4.73% |
| 2015 | 0.58% | 5.74% |
| 2014 | 0.63% | 4.35% |
| 2013 | 0.74% | 4.41% |
| 2012 | 0.53% | 4.60% |
| 2011 | 0.83% | 5.11% |
| 2010 | 0.45% | 4.86% |
| 2009 | 0.46% | 5.28% |
| 2008 | 0.80% | 10.90% |
| 2007 | 0.38% | 4.79% |
| 2006 | 0.45% | 3.71% |
| 2005 | 0.61% | 3.31% |
| 2004 | 0.52% | 3.30% |
| 2003 | 0.63% | 3.24% |
| 2002 | 1.01% | 4.52% |
| 2001 | 0.00% | 4.93% |
| 2000 | 0.00% | 3.80% |
| 1999 | 0.00% | 1.38% |
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