BBDO vs. BBD

Last updated Jun 3, 2026

BBDO (Banco Bradesco S.A.) and BBD (Banco Bradesco S.A.) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, BBDO returned 3.11%/yr vs 3.98%/yr for BBD. A 0.62 correlation means they provide meaningful diversification when combined.

Performance

BBDO vs. BBD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Banco Bradesco S.A. (BBDO) and Banco Bradesco S.A. (BBD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBDO achieves a 14.86% return, which is significantly higher than BBD's 7.56% return. Over the past 10 years, BBDO has underperformed BBD with an annualized return of 3.11%, while BBD has yielded a comparatively higher 3.98% annualized return.

BBDO

• 1D: 0.94%
• 1M: -7.63%
• YTD: 14.86%
• 6M: 5.43%
• 1Y: 35.83%
• 3Y*: 15.28%
• 5Y*: 2.33%
• 10Y*: 3.11%

BBD

• 1D: 1.15%
• 1M: -8.51%
• YTD: 7.56%
• 6M: -0.25%
• 1Y: 31.52%
• 3Y*: 11.58%
• 5Y*: 0.57%
• 10Y*: 3.98%

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

BBDO vs. BBD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BBDO Banco Bradesco S.A.	14.86%	79.75%	-40.08%	37.60%	0.35%	-27.52%	-45.40%	26.95%	6.65%	21.39%
BBD Banco Bradesco S.A.	7.56%	95.27%	-41.93%	35.20%	-5.19%	-31.96%	-39.58%	15.02%	10.05%	36.27%

Correlation

The correlation between BBDO and BBD is 0.63, 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	0.63
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (10Y) Calculated over the trailing 10-year period	0.68
Correlation (All Time) Calculated using the full available price history since Mar 14, 2012	0.63

The correlation between BBDO and BBD has been stable across timeframes, ranging from 0.62 to 0.68 - a consistent structural relationship.

Fundamentals

Market Cap BBDO : $34.15B BBD : $37.11B
EPS BBDO : $1.80 BBD : $2.14
PE Ratio BBDO : 1.79 BBD : 1.64
PEG Ratio BBDO : 0.39 BBD : 0.27
PS Ratio BBDO : 0.13 BBD : 0.10
PB Ratio BBDO : 0.99 BBD : 1.08
Total Revenue (TTM) BBDO : $260.21B BBD : $369.74B
Gross Profit (TTM) BBDO : $73.17B BBD : $131.29B
EBITDA (TTM) BBDO : $21.86B BBD : -$2.27B

Return for Risk

BBDO vs. BBD — Risk / Return Rank

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

BBDO

BBDO Risk / Return Rank: 70
BBDO Sharpe Ratio Rank: 71
BBDO Sortino Ratio Rank: 65
BBDO Omega Ratio Rank: 62
BBDO Calmar Ratio Rank: 75
BBDO Martin Ratio Rank: 74

BBD

BBD Risk / Return Rank: 68
BBD Sharpe Ratio Rank: 70
BBD Sortino Ratio Rank: 63
BBD Omega Ratio Rank: 61
BBD Calmar Ratio Rank: 71
BBD Martin Ratio Rank: 72

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.

BBDO vs. BBD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Banco Bradesco S.A. (BBDO) and Banco Bradesco S.A. (BBD). 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.

	BBDO	BBD	Difference
Sharpe ratio Return per unit of total volatility	1.01	0.95	+0.06
Sortino ratio Return per unit of downside risk	1.54	1.43	+0.11
Omega ratio Gain probability vs. loss probability	1.18	1.18	+0.01
Calmar ratio Return relative to maximum drawdown	2.14	1.75	+0.39
Martin ratio Return relative to average drawdown	5.03	4.30	+0.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BBDO vs. BBD - Sharpe Ratio Comparison

The current BBDO Sharpe Ratio is 1.01, which is comparable to the BBD Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of BBDO and BBD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BBDO	BBD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.01	0.95	+0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	0.01	+0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.07	0.09	-0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.01	0.24	-0.23

Drawdowns

BBDO vs. BBD - Drawdown Comparison

The maximum BBDO drawdown since its inception was -70.44%, roughly equal to the maximum BBD drawdown of -72.89%. Use the drawdown chart below to compare losses from any high point for BBDO and BBD.

Drawdown Indicators

	BBDO	BBD	Difference
Max Drawdown Largest peak-to-trough decline	-70.44%	-72.89%	+2.45%
Max Drawdown (1Y) Largest decline over 1 year	-18.49%	-18.54%	+0.05%
Max Drawdown (3Y) Largest decline over 3 years	-42.09%	-43.94%	+1.85%
Max Drawdown (5Y) Largest decline over 5 years	-50.19%	-53.76%	+3.57%
Max Drawdown (10Y) Largest decline over 10 years	-70.44%	-72.89%	+2.45%
Current Drawdown Current decline from peak	-34.67%	-41.85%	+7.18%
Average Drawdown Average peak-to-trough decline	-36.97%	-31.04%	-5.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.88%	7.54%	+0.34%

Volatility

BBDO vs. BBD - Volatility Comparison

The current volatility for Banco Bradesco S.A. (BBDO) is 8.78%, while Banco Bradesco S.A. (BBD) has a volatility of 9.65%. This indicates that BBDO experiences smaller price fluctuations and is considered to be less risky than BBD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBDO	BBD	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.78%	9.65%	-0.87%
Volatility (6M) Calculated over the trailing 6-month period	25.88%	27.11%	-1.23%
Volatility (1Y) Calculated over the trailing 1-year period	35.65%	33.25%	+2.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.53%	38.60%	+3.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.53%	42.76%	+4.77%

Dividends

BBDO vs. BBD - Dividend Comparison

BBDO's dividend yield for the trailing twelve months is around 7.85%, less than BBD's 7.95% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBD Banco Bradesco S.A.	7.95%	9.26%	8.06%	9.57%	2.87%	5.79%	2.70%	5.52%	3.10%	5.05%	3.65%	6.57%
BBDO Banco Bradesco S.A.	7.85%	9.76%	7.84%	9.58%	2.92%	6.00%	2.80%	5.17%	3.21%	5.12%	3.34%	5.75%

Financials

BBDO vs. BBD - Profitability Comparison

The chart below illustrates the profitability comparison between Banco Bradesco S.A. and Banco Bradesco S.A. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BBDO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Banco Bradesco S.A. reported a gross profit of 6.40B and revenue of 18.46B. Therefore, the gross margin over that period was 34.7%.

BBD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Banco Bradesco S.A. reported a gross profit of 35.56B and revenue of 97.75B. Therefore, the gross margin over that period was 36.4%.

BBDO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Banco Bradesco S.A. reported an operating income of 1.49B and revenue of 18.46B, resulting in an operating margin of 8.1%.

BBD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Banco Bradesco S.A. reported an operating income of 7.68B and revenue of 97.75B, resulting in an operating margin of 7.9%.

BBDO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Banco Bradesco S.A. reported a net income of 985.10M and revenue of 18.46B, resulting in a net margin of 5.3%.

BBD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Banco Bradesco S.A. reported a net income of 5.08B and revenue of 97.75B, resulting in a net margin of 5.2%.

Frequently Asked Questions

Can I hold both BBDO and BBD in my portfolio?

BBDO and BBD have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BBDO or BBD?

BBD has higher volatility (9.65%) compared to BBDO (8.78%). In terms of maximum drawdown, BBDO dropped -70.44% vs BBD's -72.89%.

Which has better risk-adjusted returns?

BBDO currently has the higher Sharpe Ratio (1.01 vs 0.95), 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.