BVB.DE vs. MANU

Last updated Jun 4, 2026

BVB.DE (Borussia Dortmund GmbH & Co KGaA) and MANU (Manchester United plc) are both stocks. Both operate in the Entertainment industry within the Communication Services sector. Over the past 10 years, BVB.DE returned -2.62%/yr vs 2.72%/yr for MANU. At a 0.15 correlation, their price movements are largely independent.

Performance

BVB.DE vs. MANU - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Borussia Dortmund GmbH & Co KGaA (BVB.DE) and Manchester United plc (MANU). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, BVB.DE achieves a -6.36% return, which is significantly lower than MANU's 34.19% return. Over the past 10 years, BVB.DE has underperformed MANU with an annualized return of -2.62%, while MANU has yielded a comparatively higher 2.72% annualized return.

BVB.DE

• 1D: 0.00%
• 1M: 0.65%
• YTD: -6.36%
• 6M: -6.51%
• 1Y: -15.87%
• 3Y*: -9.29%
• 5Y*: -11.84%
• 10Y*: -2.62%

MANU

• 1D: -2.42%
• 1M: 16.62%
• YTD: 34.19%
• 6M: 33.41%
• 1Y: 45.80%
• 3Y*: 1.15%
• 5Y*: 7.58%
• 10Y*: 2.72%

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

BVB.DE vs. MANU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BVB.DE Borussia Dortmund GmbH & Co KGaA	-6.36%	7.02%	-11.14%	-2.81%	-14.65%	-18.21%	-38.18%	11.28%	30.93%	17.60%
MANU Manchester United plc	34.19%	-19.13%	-9.25%	-15.26%	75.24%	-7.48%	-22.08%	8.45%	1.30%	23.07%

Correlation

The correlation between BVB.DE and MANU is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (10Y) Calculated over the trailing 10-year period	0.14
Correlation (All Time) Calculated using the full available price history since Aug 13, 2012	0.15

Return for Risk

BVB.DE vs. MANU — Risk / Return Rank

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

BVB.DE

BVB.DE Risk / Return Rank: 12
BVB.DE Sharpe Ratio Rank: 7
BVB.DE Sortino Ratio Rank: 9
BVB.DE Omega Ratio Rank: 10
BVB.DE Calmar Ratio Rank: 17
BVB.DE Martin Ratio Rank: 17

MANU

MANU Risk / Return Rank: 75
MANU Sharpe Ratio Rank: 75
MANU Sortino Ratio Rank: 76
MANU Omega Ratio Rank: 74
MANU Calmar Ratio Rank: 77
MANU Martin Ratio Rank: 70

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.

BVB.DE vs. MANU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Borussia Dortmund GmbH & Co KGaA (BVB.DE) and Manchester United plc (MANU). 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.

	BVB.DE	MANU	Difference
Sharpe ratio: Return per unit of total volatility	-0.90	1.13	-2.03
Sortino ratio: Return per unit of downside risk	-1.17	2.01	-3.18
Omega ratio: Gain probability vs. loss probability	0.86	1.25	-0.39
Calmar ratio: Return relative to maximum drawdown	-0.68	2.01	-2.69
Martin ratio: Return relative to average drawdown	-1.12	3.56	-4.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BVB.DE vs. MANU - Sharpe Ratio Comparison

The current BVB.DE Sharpe Ratio is -0.90, which is lower than the MANU Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of BVB.DE and MANU, 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

	BVB.DE	MANU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.90	1.13	-2.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.36	0.18	-0.54
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.08	0.07	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	-0.09	0.11	-0.20

Drawdowns

BVB.DE vs. MANU - Drawdown Comparison

The maximum BVB.DE drawdown since its inception was -91.00%, which is greater than MANU's maximum drawdown of -55.68%. Use the drawdown chart below to compare losses from any high point for BVB.DE and MANU.

Drawdown Indicators

	BVB.DE	MANU	Difference
Max Drawdown Largest peak-to-trough decline	-91.00%	-55.68%	-35.32%
Max Drawdown (1Y) Largest decline over 1 year	-23.40%	-22.85%	-0.55%
Max Drawdown (3Y) Largest decline over 3 years	-36.47%	-51.58%	+15.11%
Max Drawdown (5Y) Largest decline over 5 years	-55.91%	-55.68%	-0.23%
Max Drawdown (10Y) Largest decline over 10 years	-69.46%	-55.68%	-13.78%
Current Drawdown Current decline from peak	-66.87%	-27.69%	-39.18%
Average Drawdown Average peak-to-trough decline	-58.53%	-24.44%	-34.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.09%	12.92%	+1.17%

Volatility

BVB.DE vs. MANU - Volatility Comparison

The current volatility for Borussia Dortmund GmbH & Co KGaA (BVB.DE) is 4.21%, while Manchester United plc (MANU) has a volatility of 19.04%. This indicates that BVB.DE experiences smaller price fluctuations and is considered to be less risky than MANU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BVB.DE	MANU	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.21%	19.04%	-14.83%
Volatility (6M) Calculated over the trailing 6-month period	13.14%	25.28%	-12.14%
Volatility (1Y) Calculated over the trailing 1-year period	17.68%	40.68%	-23.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.86%	42.48%	-9.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.70%	37.73%	-4.03%

Dividends

BVB.DE vs. MANU - Dividend Comparison

BVB.DE's dividend yield for the trailing twelve months is around 1.94%, while MANU has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BVB.DE Borussia Dortmund GmbH & Co KGaA	1.94%	1.82%	1.91%	0.00%	0.00%	0.00%	0.00%	0.68%	0.75%	0.98%	1.14%	1.25%
MANU Manchester United plc	0.00%	0.00%	0.00%	0.00%	0.39%	1.26%	1.08%	0.90%	0.95%	0.91%	1.26%	0.51%

Financials

Frequently Asked Questions

Can I hold both BVB.DE and MANU in my portfolio?

BVB.DE and MANU have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.