AEG vs. DB
AEG (Aegon N.V.) and DB (Deutsche Bank Aktiengesellschaft) are both stocks. Both are in the Financial Services sector — AEG in Insurance - Diversified, DB in Banks - Regional. Over the past 10 years, AEG returned 11.39%/yr vs 10.35%/yr for DB. A 0.63 correlation means they provide meaningful diversification when combined.
Performance
AEG vs. DB - Performance Comparison
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Returns By Period
In the year-to-date period, AEG achieves a 6.61% return, which is significantly higher than DB's -15.73% return. Over the past 10 years, AEG has outperformed DB with an annualized return of 11.39%, while DB has yielded a comparatively lower 10.35% annualized return.
AEG
- 1D
- -0.24%
- 1M
- -1.08%
- YTD
- 6.61%
- 6M
- 3.66%
- 1Y
- 20.46%
- 3Y*
- 25.46%
- 5Y*
- 18.27%
- 10Y*
- 11.39%
DB
- 1D
- -0.51%
- 1M
- 1.32%
- YTD
- -15.73%
- 6M
- -11.29%
- 1Y
- 15.51%
- 3Y*
- 47.97%
- 5Y*
- 19.93%
- 10Y*
- 10.35%
AEG vs. DB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AEG Aegon N.V. | 6.61% | 39.08% | 8.38% | 21.19% | 6.45% | 29.44% | -10.42% | 5.37% | -22.29% | 20.46% |
DB Deutsche Bank Aktiengesellschaft | -15.73% | 132.42% | 29.52% | 21.34% | -5.86% | 14.68% | 40.10% | -2.89% | -56.72% | 18.96% |
Correlation
The correlation between AEG and DB is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 1996 | 0.63 |
The correlation between AEG and DB has been stable across timeframes, ranging from 0.61 to 0.67 - a consistent structural relationship.
Fundamentals
AEG:
$1.07
DB:
$4.47
AEG:
7.66
DB:
7.02
AEG:
0.22
DB:
0.12
AEG:
0.28
DB:
0.94
AEG:
$45.17B
DB:
$53.12B
AEG:
$45.17B
DB:
$30.48B
AEG:
$1.06B
DB:
$9.93B
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Return for Risk
AEG vs. DB — Risk / Return Rank
AEG
DB
AEG vs. DB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Aegon N.V. (AEG) and Deutsche Bank Aktiengesellschaft (DB). 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.
| AEG | DB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.34 | ||
| Sortino ratioReturn per unit of downside risk | +0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.11 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.31 | 0.53 | +0.79 |
| Martin ratioReturn relative to average drawdown | 3.77 | 1.25 | +2.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AEG | DB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.81 | 0.47 | +0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.54 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | 0.26 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.03 | +0.18 |
Drawdowns
AEG vs. DB - Drawdown Comparison
The maximum AEG drawdown since its inception was -94.91%, roughly equal to the maximum DB drawdown of -94.73%. Use the drawdown chart below to compare losses from any high point for AEG and DB.
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Drawdown Indicators
| AEG | DB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.91% | -94.73% | -0.18% |
Max Drawdown (1Y)Largest decline over 1 year | -15.65% | -29.66% | +14.01% |
Max Drawdown (3Y)Largest decline over 3 years | -18.37% | -29.66% | +11.29% |
Max Drawdown (5Y)Largest decline over 5 years | -36.56% | -54.19% | +17.63% |
Max Drawdown (10Y)Largest decline over 10 years | -71.11% | -71.97% | +0.86% |
Current DrawdownCurrent decline from peak | -63.55% | -65.16% | +1.61% |
Average DrawdownAverage peak-to-trough decline | -52.67% | -53.67% | +1.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.45% | 12.43% | -6.98% |
Volatility
AEG vs. DB - Volatility Comparison
The current volatility for Aegon N.V. (AEG) is 6.03%, while Deutsche Bank Aktiengesellschaft (DB) has a volatility of 9.71%. This indicates that AEG experiences smaller price fluctuations and is considered to be less risky than DB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AEG | DB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.03% | 9.71% | -3.68% |
Volatility (6M)Calculated over the trailing 6-month period | 20.38% | 25.20% | -4.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.40% | 32.88% | -7.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.81% | 37.43% | -6.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.66% | 40.26% | -4.60% |
Dividends
AEG vs. DB - Dividend Comparison
AEG's dividend yield for the trailing twelve months is around 5.37%, more than DB's 3.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AEG Aegon N.V. | 5.37% | 5.72% | 5.93% | 4.89% | 4.08% | 3.37% | 1.80% | 7.37% | 7.02% | 4.74% | 5.30% | 4.72% |
DB Deutsche Bank Aktiengesellschaft | 3.72% | 1.99% | 2.87% | 2.40% | 1.84% | 0.00% | 0.00% | 1.58% | 1.58% | 1.00% | 0.00% | 3.11% |
Financials
AEG vs. DB - Financials Comparison
This section allows you to compare key financial metrics between Aegon N.V. and Deutsche Bank Aktiengesellschaft. 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
AEG vs. DB - Profitability Comparison
AEG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Aegon N.V. reported a gross profit of 19.00B and revenue of 19.00B. Therefore, the gross margin over that period was 100.0%.
DB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Deutsche Bank Aktiengesellschaft reported a gross profit of 8.15B and revenue of 15.29B. Therefore, the gross margin over that period was 53.3%.
AEG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Aegon N.V. reported an operating income of 365.28M and revenue of 19.00B, resulting in an operating margin of 1.9%.
DB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Deutsche Bank Aktiengesellschaft reported an operating income of 3.04B and revenue of 15.29B, resulting in an operating margin of 19.9%.
AEG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Aegon N.V. reported a net income of 389.10M and revenue of 19.00B, resulting in a net margin of 2.1%.
DB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Deutsche Bank Aktiengesellschaft reported a net income of 2.12B and revenue of 15.29B, resulting in a net margin of 13.9%.
Frequently Asked Questions
AEG and DB have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DB has higher volatility (9.71%) compared to AEG (6.03%). In terms of maximum drawdown, AEG dropped -94.91% vs DB's -94.73%.
AEG currently has the higher Sharpe Ratio (0.81 vs 0.47), 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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