04Q.DE vs. SWDBY

Last updated Apr 2, 2026

Compare and contrast key facts about Nordea Bank Abp (04Q.DE) and Swedbank AB (SWDBY).

Performance

04Q.DE vs. SWDBY - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Nordea Bank Abp (04Q.DE) and Swedbank AB (SWDBY). The values are adjusted to include any dividend payments, if applicable.

04Q.DE vs. SWDBY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
04Q.DE Nordea Bank Abp	0.81%	64.85%	1.64%	20.34%	0.43%	0.54%
SWDBY Swedbank AB	10.82%	67.68%	12.17%	21.90%	-3.87%	-8.26%

Different Trading Currencies

04Q.DE is traded in EUR, while SWDBY is traded in USD. To make them comparable, the SWDBY values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, 04Q.DE achieves a 0.81% return, which is significantly lower than SWDBY's 10.82% return.

04Q.DE

• 1D: 2.92%
• 1M: 0.31%
• YTD: 0.81%
• 6M: 14.12%
• 1Y: 35.39%
• 3Y*: 24.57%
• 5Y*: —
• 10Y*: —

SWDBY

• 1D: 0.98%
• 1M: 1.78%
• YTD: 10.82%
• 6M: 25.50%
• 1Y: 55.13%
• 3Y*: 36.15%
• 5Y*: 24.49%
• 10Y*: 15.42%

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

Return for Risk

04Q.DE vs. SWDBY — Risk / Return Rank

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

04Q.DE

04Q.DE Risk / Return Rank: 83
04Q.DE Sharpe Ratio Rank: 84
04Q.DE Sortino Ratio Rank: 79
04Q.DE Omega Ratio Rank: 78
04Q.DE Calmar Ratio Rank: 85
04Q.DE Martin Ratio Rank: 88

SWDBY

SWDBY Risk / Return Rank: 93
SWDBY Sharpe Ratio Rank: 94
SWDBY Sortino Ratio Rank: 92
SWDBY Omega Ratio Rank: 92
SWDBY Calmar Ratio Rank: 92
SWDBY Martin Ratio Rank: 94

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.

04Q.DE vs. SWDBY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nordea Bank Abp (04Q.DE) and Swedbank AB (SWDBY). 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.

	04Q.DE	SWDBY	Difference
Sharpe ratio Return per unit of total volatility	1.54	2.20	-0.66
Sortino ratio Return per unit of downside risk	2.06	2.74	-0.68
Omega ratio Gain probability vs. loss probability	1.28	1.39	-0.12
Calmar ratio Return relative to maximum drawdown	3.12	3.59	-0.47
Martin ratio Return relative to average drawdown	9.78	12.77	-2.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

04Q.DE vs. SWDBY - Sharpe Ratio Comparison

The current 04Q.DE Sharpe Ratio is 1.54, which is comparable to the SWDBY Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of 04Q.DE and SWDBY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	04Q.DE	SWDBY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.54	2.20	-0.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.97	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.55	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.78	0.20	+0.57

Correlation

The correlation between 04Q.DE and SWDBY is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

04Q.DE vs. SWDBY - Dividend Comparison

04Q.DE's dividend yield for the trailing twelve months is around 6.33%, less than SWDBY's 9.57% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
04Q.DE Nordea Bank Abp	6.33%	5.85%	8.75%	7.10%	6.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SWDBY Swedbank AB	9.57%	5.70%	7.49%	4.63%	7.15%	8.58%	5.23%	10.26%	7.05%	12.07%	11.31%	5.97%

Drawdowns

04Q.DE vs. SWDBY - Drawdown Comparison

The maximum 04Q.DE drawdown since its inception was -28.60%, smaller than the maximum SWDBY drawdown of -94.17%. Use the drawdown chart below to compare losses from any high point for 04Q.DE and SWDBY.

Drawdown Indicators

	04Q.DE	SWDBY	Difference
Max Drawdown Largest peak-to-trough decline	-28.60%	-94.66%	+66.06%
Max Drawdown (1Y) Largest decline over 1 year	-13.65%	-14.79%	+1.14%
Max Drawdown (5Y) Largest decline over 5 years	—	-41.38%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-53.67%	—
Current Drawdown Current decline from peak	-5.70%	-6.13%	+0.43%
Average Drawdown Average peak-to-trough decline	-5.86%	-25.13%	+19.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.87%	4.30%	-0.43%

Volatility

04Q.DE vs. SWDBY - Volatility Comparison

The current volatility for Nordea Bank Abp (04Q.DE) is 7.17%, while Swedbank AB (SWDBY) has a volatility of 9.61%. This indicates that 04Q.DE experiences smaller price fluctuations and is considered to be less risky than SWDBY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	04Q.DE	SWDBY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.17%	9.61%	-2.44%
Volatility (6M) Calculated over the trailing 6-month period	15.93%	15.39%	+0.54%
Volatility (1Y) Calculated over the trailing 1-year period	22.88%	25.19%	-2.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.56%	25.35%	+2.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.56%	27.91%	-0.35%

Financials