CRZBY vs. BBVA
CRZBY (Commerzbank AG PK) and BBVA (Banco Bilbao Vizcaya Argentaria, S.A.) are both stocks. Both are in the Financial Services sector — CRZBY in Banks - Regional, BBVA in Banks - Diversified. Over the past 10 years, CRZBY returned 22.34%/yr vs 22.94%/yr for BBVA. A 0.64 correlation means they provide meaningful diversification when combined.
Performance
CRZBY vs. BBVA - Performance Comparison
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Returns By Period
In the year-to-date period, CRZBY achieves a 5.61% return, which is significantly lower than BBVA's 13.25% return. Both investments have delivered pretty close results over the past 10 years, with CRZBY having a 22.34% annualized return and BBVA not far ahead at 22.94%.
CRZBY
- 1D
- 2.27%
- 1M
- -0.04%
- 6M
- 5.61%
- YTD
- 5.61%
- 1Y
- 37.77%
- 3Y*
- 61.37%
- 5Y*
- 46.91%
- 10Y*
- 22.34%
BBVA
- 1D
- 2.48%
- 1M
- 9.92%
- 6M
- 13.25%
- YTD
- 13.25%
- 1Y
- 74.61%
- 3Y*
- 58.01%
- 5Y*
- 41.04%
- 10Y*
- 22.94%
CRZBY vs. BBVA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CRZBY Commerzbank AG PK | 5.61% | 168.59% | 40.74% | 28.90% | 23.19% | 17.67% | 6.26% | -7.13% | -55.39% | 95.16% |
BBVA Banco Bilbao Vizcaya Argentaria, S.A. | 13.25% | 153.74% | 14.20% | 62.48% | 10.09% | 22.05% | -6.31% | 11.07% | -35.01% | 32.83% |
Correlation
The correlation between CRZBY and BBVA is 0.62, 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 | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.64 |
The correlation between CRZBY and BBVA has been stable across timeframes, ranging from 0.58 to 0.64 - a consistent structural relationship.
Fundamentals
CRZBY:
$49.08B
BBVA:
$142.64B
CRZBY:
€2.39
BBVA:
€1.84
CRZBY:
15.85
BBVA:
12.25
CRZBY:
0.15
BBVA:
0.45
CRZBY:
2.07
BBVA:
2.81
CRZBY:
1.40
BBVA:
2.26
CRZBY:
€20.73B
BBVA:
€47.06B
CRZBY:
€12.15B
BBVA:
€32.43B
CRZBY:
€4.13B
BBVA:
€18.16B
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Return for Risk
CRZBY vs. BBVA — Risk / Return Rank
CRZBY
BBVA
CRZBY vs. BBVA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Commerzbank AG PK (CRZBY) and Banco Bilbao Vizcaya Argentaria, S.A. (BBVA). 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.
| CRZBY | BBVA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.25 | ||
| Sortino ratioReturn per unit of downside risk | -1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.36 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.63 | 3.39 | -1.76 |
| Martin ratioReturn relative to average drawdown | 3.65 | 8.83 | -5.18 |
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Drawdowns
CRZBY vs. BBVA - Drawdown Comparison
The maximum CRZBY drawdown since its inception was -81.07%, roughly equal to the maximum BBVA drawdown of -78.31%. Use the drawdown chart below to compare losses from any high point for CRZBY and BBVA.
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Drawdown Indicators
| CRZBY | BBVA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.07% | -78.31% | -2.76% |
Max Drawdown (1Y)Largest decline over 1 year | -23.27% | -22.14% | -1.13% |
Max Drawdown (3Y)Largest decline over 3 years | -23.27% | -22.14% | -1.13% |
Max Drawdown (5Y)Largest decline over 5 years | -44.78% | -42.28% | -2.50% |
Max Drawdown (10Y)Largest decline over 10 years | -81.07% | -69.63% | -11.44% |
Current DrawdownCurrent decline from peak | -1.04% | 0.00% | -1.04% |
Average DrawdownAverage peak-to-trough decline | -34.29% | -29.04% | -5.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.39% | 8.48% | +1.91% |
Volatility
CRZBY vs. BBVA - Volatility Comparison
The current volatility for Commerzbank AG PK (CRZBY) is 7.19%, while Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) has a volatility of 8.73%. This indicates that CRZBY experiences smaller price fluctuations and is considered to be less risky than BBVA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRZBY | BBVA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.19% | 8.73% | -1.54% |
Volatility (6M)Calculated over the trailing 6-month period | 28.63% | 27.28% | +1.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.49% | 33.45% | +5.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.78% | 33.57% | +8.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.82% | 35.71% | +7.11% |
Dividends
CRZBY vs. BBVA - Dividend Comparison
CRZBY's dividend yield for the trailing twelve months is around 2.97%, less than BBVA's 4.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBVA Banco Bilbao Vizcaya Argentaria, S.A. | 4.23% | 3.51% | 7.71% | 5.51% | 6.29% | 2.79% | 3.50% | 5.23% | 5.75% | 5.17% | 6.02% | 4.29% |
CRZBY Commerzbank AG PK | 2.97% | 1.72% | 2.33% | 1.86% | 0.00% | 0.00% | 0.00% | 2.39% | 0.00% | 0.00% | 2.69% | 0.00% |
Financials
CRZBY vs. BBVA - Financials Comparison
This section allows you to compare key financial metrics between Commerzbank AG PK and Banco Bilbao Vizcaya Argentaria, S.A.. 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
CRZBY vs. BBVA - Profitability Comparison
CRZBY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Commerzbank AG PK reported a gross profit of 3.37B and revenue of 6.15B. Therefore, the gross margin over that period was 54.7%.
BBVA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Banco Bilbao Vizcaya Argentaria, S.A. reported a gross profit of 8.83B and revenue of 10.65B. Therefore, the gross margin over that period was 82.9%.
CRZBY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Commerzbank AG PK reported an operating income of 1.38B and revenue of 6.15B, resulting in an operating margin of 22.4%.
BBVA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Banco Bilbao Vizcaya Argentaria, S.A. reported an operating income of 4.72B and revenue of 10.65B, resulting in an operating margin of 44.3%.
CRZBY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Commerzbank AG PK reported a net income of 928.01M and revenue of 6.15B, resulting in a net margin of 15.1%.
BBVA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Banco Bilbao Vizcaya Argentaria, S.A. reported a net income of 2.99B and revenue of 10.65B, resulting in a net margin of 28.1%.
Frequently Asked Questions
CRZBY and BBVA have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BBVA has higher volatility (8.73%) compared to CRZBY (7.19%). In terms of maximum drawdown, CRZBY dropped -81.07% vs BBVA's -78.31%.
BBVA currently has the higher Sharpe Ratio (2.24 vs 0.99), 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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