BNP.DE vs. DNKEY

Last updated Jun 5, 2026

BNP.DE (BNP Paribas SA) and DNKEY (Danske Bank A/S ADR) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, BNP.DE returned 13.31%/yr vs 11.10%/yr for DNKEY. At a 0.46 correlation, their price movements are largely independent.

Performance

BNP.DE vs. DNKEY - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in BNP Paribas SA (BNP.DE) and Danske Bank A/S ADR (DNKEY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, BNP.DE achieves a 18.97% return, which is significantly higher than DNKEY's 14.51% return. Over the past 10 years, BNP.DE has outperformed DNKEY with an annualized return of 13.31%, while DNKEY has yielded a comparatively lower 11.10% annualized return.

BNP.DE

• 1D: 0.77%
• 1M: 8.85%
• YTD: 18.97%
• 6M: 27.62%
• 1Y: 30.38%
• 3Y*: 26.42%
• 5Y*: 18.56%
• 10Y*: 13.31%

DNKEY

• 1D: 0.72%
• 1M: 2.62%
• YTD: 14.51%
• 6M: 21.17%
• 1Y: 40.95%
• 3Y*: 43.99%
• 5Y*: 31.56%
• 10Y*: 11.10%

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

BNP.DE vs. DNKEY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BNP.DE BNP Paribas SA	18.97%	51.68%	0.14%	25.22%	-5.20%	46.59%	-18.15%	44.69%	-33.27%	8.28%
DNKEY Danske Bank A/S ADR	14.51%	65.23%	25.58%	37.03%	22.95%	14.62%	0.65%	-13.93%	-44.97%	15.79%

Correlation

The correlation between BNP.DE and DNKEY is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (10Y) Calculated over the trailing 10-year period	0.46
Correlation (All Time) Calculated using the full available price history since Feb 10, 2016	0.46

Return for Risk

BNP.DE vs. DNKEY — Risk / Return Rank

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

BNP.DE

BNP.DE Risk / Return Rank: 70
BNP.DE Sharpe Ratio Rank: 73
BNP.DE Sortino Ratio Rank: 67
BNP.DE Omega Ratio Rank: 67
BNP.DE Calmar Ratio Rank: 69
BNP.DE Martin Ratio Rank: 71

DNKEY

DNKEY Risk / Return Rank: 86
DNKEY Sharpe Ratio Rank: 87
DNKEY Sortino Ratio Rank: 85
DNKEY Omega Ratio Rank: 82
DNKEY Calmar Ratio Rank: 85
DNKEY Martin Ratio Rank: 89

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.

BNP.DE vs. DNKEY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNP Paribas SA (BNP.DE) and Danske Bank A/S ADR (DNKEY). 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.

	BNP.DE	DNKEY	Difference
Sharpe ratio: Return per unit of total volatility	1.08	1.98	-0.90
Sortino ratio: Return per unit of downside risk	1.59	2.70	-1.11
Omega ratio: Gain probability vs. loss probability	1.21	1.33	-0.13
Calmar ratio: Return relative to maximum drawdown	1.54	3.91	-2.37
Martin ratio: Return relative to average drawdown	3.92	13.23	-9.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BNP.DE vs. DNKEY - Sharpe Ratio Comparison

The current BNP.DE Sharpe Ratio is 1.08, which is lower than the DNKEY Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of BNP.DE and DNKEY, 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

	BNP.DE	DNKEY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.08	1.98	-0.90
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	1.15	-0.51
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	0.38	+0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.42	-0.18

Drawdowns

BNP.DE vs. DNKEY - Drawdown Comparison

The maximum BNP.DE drawdown since its inception was -75.65%, which is greater than DNKEY's maximum drawdown of -70.49%. Use the drawdown chart below to compare losses from any high point for BNP.DE and DNKEY.

Drawdown Indicators

	BNP.DE	DNKEY	Difference
Max Drawdown Largest peak-to-trough decline	-75.65%	-70.49%	-5.16%
Max Drawdown (1Y) Largest decline over 1 year	-19.63%	-10.51%	-9.12%
Max Drawdown (3Y) Largest decline over 3 years	-21.74%	-20.29%	-1.45%
Max Drawdown (5Y) Largest decline over 5 years	-34.15%	-29.78%	-4.37%
Max Drawdown (10Y) Largest decline over 10 years	-59.33%	-70.49%	+11.16%
Current Drawdown Current decline from peak	-0.57%	-1.95%	+1.38%
Average Drawdown Average peak-to-trough decline	-20.57%	-26.89%	+6.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.73%	3.10%	+4.63%

Volatility

BNP.DE vs. DNKEY - Volatility Comparison

BNP Paribas SA (BNP.DE) has a higher volatility of 7.21% compared to Danske Bank A/S ADR (DNKEY) at 6.69%. This indicates that BNP.DE's price experiences larger fluctuations and is considered to be riskier than DNKEY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BNP.DE	DNKEY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.21%	6.69%	+0.52%
Volatility (6M) Calculated over the trailing 6-month period	20.61%	16.33%	+4.28%
Volatility (1Y) Calculated over the trailing 1-year period	27.90%	20.76%	+7.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.54%	27.61%	+0.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.88%	29.45%	+2.43%

Dividends

BNP.DE vs. DNKEY - Dividend Comparison

BNP.DE's dividend yield for the trailing twelve months is around 5.50%, less than DNKEY's 8.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BNP.DE BNP Paribas SA	5.50%	9.08%	7.80%	6.21%	6.84%	4.38%	0.00%	5.69%	7.67%	4.33%	3.85%	2.84%
DNKEY Danske Bank A/S ADR	8.62%	4.26%	10.92%	3.90%	1.52%	1.25%	5.10%	5.41%	5.68%	2.23%	6.51%	0.00%

Financials

Frequently Asked Questions

Can I hold both BNP.DE and DNKEY in my portfolio?

BNP.DE and DNKEY have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.