BKNG vs. RY
BKNG (Booking Holdings Inc.) and RY (Royal Bank of Canada) are both stocks. BKNG operates in Travel Services (Consumer Cyclical), while RY operates in Banks - Diversified (Financial Services). Over the past 10 years, BKNG returned 12.44%/yr vs 17.18%/yr for RY. At a 0.32 correlation, their price movements are largely independent.
Performance
BKNG vs. RY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BKNG achieves a -22.63% return, which is significantly lower than RY's 18.68% return. Over the past 10 years, BKNG has underperformed RY with an annualized return of 12.44%, while RY has yielded a comparatively higher 17.18% annualized return.
BKNG
- 1D
- 0.83%
- 1M
- 7.28%
- YTD
- -22.63%
- 6M
- -21.85%
- 1Y
- -21.52%
- 3Y*
- 17.23%
- 5Y*
- 12.82%
- 10Y*
- 12.44%
RY
- 1D
- 0.14%
- 1M
- 8.80%
- YTD
- 18.68%
- 6M
- 21.99%
- 1Y
- 60.93%
- 3Y*
- 33.55%
- 5Y*
- 18.33%
- 10Y*
- 17.18%
BKNG vs. RY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BKNG Booking Holdings Inc. | -22.63% | 8.59% | 41.31% | 76.02% | -16.00% | 7.72% | 8.45% | 19.24% | -0.88% | 18.53% |
RY Royal Bank of Canada | 18.68% | 46.29% | 23.80% | 12.72% | -8.00% | 34.11% | 8.42% | 20.17% | -12.88% | 24.95% |
Correlation
The correlation between BKNG and RY is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Mar 31, 1999 | 0.32 |
The correlation between BKNG and RY shifts across timeframes, from 0.32 (all time) to 0.42 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
BKNG:
$130.96B
RY:
$205.02B
BKNG:
$7.60
RY:
CA$18.17
BKNG:
21.71
RY:
15.35
BKNG:
0.32
RY:
2.22
BKNG:
4.82
RY:
2.45
BKNG:
$27.69B
RY:
CA$138.99B
BKNG:
$22.16B
RY:
CA$65.64B
BKNG:
$9.27B
RY:
CA$30.01B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BKNG vs. RY — Risk / Return Rank
BKNG
RY
BKNG vs. RY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Booking Holdings Inc. (BKNG) and Royal Bank of Canada (RY). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BKNG | RY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.72 | ||
| Sortino ratioReturn per unit of downside risk | -6.63 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.70 | -0.81 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | 5.97 | -6.69 |
| Martin ratioReturn relative to average drawdown | -1.36 | 22.22 | -23.58 |
Loading charts...
Drawdowns
BKNG vs. RY - Drawdown Comparison
The maximum BKNG drawdown since its inception was -99.32%, which is greater than RY's maximum drawdown of -62.90%. Use the drawdown chart below to compare losses from any high point for BKNG and RY.
Loading charts...
Drawdown Indicators
| BKNG | RY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.32% | -62.90% | -36.42% |
Max Drawdown (1Y)Largest decline over 1 year | -33.35% | -10.04% | -23.31% |
Max Drawdown (3Y)Largest decline over 3 years | -33.35% | -19.88% | -13.47% |
Max Drawdown (5Y)Largest decline over 5 years | -39.53% | -28.36% | -11.17% |
Max Drawdown (10Y)Largest decline over 10 years | -47.77% | -39.95% | -7.82% |
Current DrawdownCurrent decline from peak | -28.50% | 0.00% | -28.50% |
Average DrawdownAverage peak-to-trough decline | -47.05% | -9.32% | -37.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.53% | 2.69% | +14.84% |
Volatility
BKNG vs. RY - Volatility Comparison
Booking Holdings Inc. (BKNG) has a higher volatility of 6.54% compared to Royal Bank of Canada (RY) at 4.01%. This indicates that BKNG's price experiences larger fluctuations and is considered to be riskier than RY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BKNG | RY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.54% | 4.01% | +2.53% |
Volatility (6M)Calculated over the trailing 6-month period | 26.83% | 11.34% | +15.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.94% | 15.10% | +16.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.26% | 18.00% | +14.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.45% | 19.76% | +12.69% |
Dividends
BKNG vs. RY - Dividend Comparison
BKNG's dividend yield for the trailing twelve months is around 0.97%, less than RY's 2.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKNG Booking Holdings Inc. | 0.97% | 0.72% | 0.70% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RY Royal Bank of Canada | 2.32% | 2.54% | 3.39% | 4.29% | 4.07% | 3.24% | 3.88% | 3.88% | 4.27% | 3.22% | 3.95% | 5.41% |
Financials
BKNG vs. RY - Financials Comparison
This section allows you to compare key financial metrics between Booking Holdings Inc. and Royal Bank of Canada. 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
BKNG vs. RY - Profitability Comparison
BKNG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Booking Holdings Inc. reported a gross profit of 0.00 and revenue of 5.53B. Therefore, the gross margin over that period was 0.0%.
RY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Royal Bank of Canada reported a gross profit of 16.51B and revenue of 33.93B. Therefore, the gross margin over that period was 48.7%.
BKNG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Booking Holdings Inc. reported an operating income of 1.27B and revenue of 5.53B, resulting in an operating margin of 23.0%.
RY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Royal Bank of Canada reported an operating income of 7.10B and revenue of 33.93B, resulting in an operating margin of 20.9%.
BKNG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Booking Holdings Inc. reported a net income of 1.08B and revenue of 5.53B, resulting in a net margin of 19.6%.
RY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Royal Bank of Canada reported a net income of 5.51B and revenue of 33.93B, resulting in a net margin of 16.2%.
Frequently Asked Questions
BKNG and RY have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BKNG has higher volatility (6.54%) compared to RY (4.01%). In terms of maximum drawdown, BKNG dropped -99.32% vs RY's -62.90%.
RY currently has the higher Sharpe Ratio (3.97 vs -0.75), 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.
Find the right allocation for BKNG and RY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer