AMG vs. DB
AMG (Affiliated Managers Group, Inc.) and DB (Deutsche Bank Aktiengesellschaft) are both stocks. Both are in the Financial Services sector — AMG in Asset Management, DB in Banks - Regional. Over the past 10 years, AMG returned 8.09%/yr vs 10.35%/yr for DB. At a 0.49 correlation, their price movements are largely independent.
Performance
AMG vs. DB - Performance Comparison
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Returns By Period
In the year-to-date period, AMG achieves a 16.78% return, which is significantly higher than DB's -15.73% return. Over the past 10 years, AMG has underperformed DB with an annualized return of 8.09%, while DB has yielded a comparatively higher 10.35% annualized return.
AMG
- 1D
- -0.06%
- 1M
- 11.17%
- YTD
- 16.78%
- 6M
- 24.59%
- 1Y
- 84.69%
- 3Y*
- 31.53%
- 5Y*
- 15.94%
- 10Y*
- 8.09%
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%
AMG vs. DB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMG Affiliated Managers Group, Inc. | 16.78% | 55.93% | 22.15% | -4.40% | -3.67% | 61.80% | 20.53% | -11.79% | -52.15% | 41.93% |
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 AMG and DB is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 1997 | 0.49 |
The correlation between AMG and DB shifts across timeframes, from 0.35 (1 year) to 0.49 (all time), reflecting how their relationship changes across market environments.
Fundamentals
AMG:
$24.29
DB:
$4.47
AMG:
13.86
DB:
7.02
AMG:
0.46
DB:
0.12
AMG:
4.42
DB:
0.94
AMG:
$2.37B
DB:
$53.12B
AMG:
$1.61B
DB:
$30.48B
AMG:
$1.53B
DB:
$9.93B
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Return for Risk
AMG vs. DB — Risk / Return Rank
AMG
DB
AMG vs. DB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Affiliated Managers Group, Inc. (AMG) 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.
| AMG | DB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.28 | ||
| Sortino ratioReturn per unit of downside risk | +2.44 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.11 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 4.32 | 0.53 | +3.79 |
| Martin ratioReturn relative to average drawdown | 12.31 | 1.25 | +11.06 |
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
| AMG | DB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.75 | 0.47 | +2.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.54 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.23 | 0.26 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.03 | +0.23 |
Drawdowns
AMG vs. DB - Drawdown Comparison
The maximum AMG drawdown since its inception was -85.92%, smaller than the maximum DB drawdown of -94.73%. Use the drawdown chart below to compare losses from any high point for AMG and DB.
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Drawdown Indicators
| AMG | DB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.92% | -94.73% | +8.81% |
Max Drawdown (1Y)Largest decline over 1 year | -19.72% | -29.66% | +9.94% |
Max Drawdown (3Y)Largest decline over 3 years | -26.97% | -29.66% | +2.69% |
Max Drawdown (5Y)Largest decline over 5 years | -41.22% | -54.19% | +12.97% |
Max Drawdown (10Y)Largest decline over 10 years | -78.52% | -71.97% | -6.55% |
Current DrawdownCurrent decline from peak | -0.06% | -65.16% | +65.10% |
Average DrawdownAverage peak-to-trough decline | -24.72% | -53.67% | +28.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.90% | 12.43% | -5.53% |
Volatility
AMG vs. DB - Volatility Comparison
The current volatility for Affiliated Managers Group, Inc. (AMG) is 9.00%, while Deutsche Bank Aktiengesellschaft (DB) has a volatility of 9.71%. This indicates that AMG 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
| AMG | DB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.00% | 9.71% | -0.71% |
Volatility (6M)Calculated over the trailing 6-month period | 25.55% | 25.20% | +0.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.02% | 32.88% | -1.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.41% | 37.43% | -5.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.72% | 40.26% | -5.54% |
Dividends
AMG vs. DB - Dividend Comparison
AMG's dividend yield for the trailing twelve months is around 0.01%, less than DB's 3.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMG Affiliated Managers Group, Inc. | 0.01% | 0.01% | 0.02% | 0.03% | 0.03% | 0.02% | 0.34% | 1.51% | 1.23% | 0.39% | 0.00% | 0.00% |
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
AMG vs. DB - Financials Comparison
This section allows you to compare key financial metrics between Affiliated Managers Group, Inc. 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
AMG vs. DB - Profitability Comparison
AMG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Affiliated Managers Group, Inc. reported a gross profit of 441.50M and revenue of 544.90M. Therefore, the gross margin over that period was 81.0%.
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%.
AMG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Affiliated Managers Group, Inc. reported an operating income of 77.40M and revenue of 544.90M, resulting in an operating margin of 14.2%.
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%.
AMG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Affiliated Managers Group, Inc. reported a net income of 110.40M and revenue of 544.90M, resulting in a net margin of 20.3%.
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
AMG and DB have a correlation of 0.35, 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 AMG (9.00%). In terms of maximum drawdown, AMG dropped -85.92% vs DB's -94.73%.
AMG currently has the higher Sharpe Ratio (2.75 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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