DB vs. BBVA
DB (Deutsche Bank Aktiengesellschaft) and BBVA (Banco Bilbao Vizcaya Argentaria, S.A.) are both stocks. Both are in the Financial Services sector — DB in Banks - Regional, BBVA in Banks - Diversified. Over the past 10 years, DB returned 12.38%/yr vs 23.17%/yr for BBVA. A 0.66 correlation means they provide meaningful diversification when combined.
Performance
DB vs. BBVA - Performance Comparison
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Returns By Period
In the year-to-date period, DB achieves a -5.44% return, which is significantly lower than BBVA's 8.87% return. Over the past 10 years, DB has underperformed BBVA with an annualized return of 12.38%, while BBVA has yielded a comparatively higher 23.17% annualized return.
DB
- 1D
- -2.52%
- 1M
- 12.44%
- YTD
- -5.44%
- 6M
- -7.36%
- 1Y
- 31.16%
- 3Y*
- 57.09%
- 5Y*
- 25.17%
- 10Y*
- 12.38%
BBVA
- 1D
- -0.97%
- 1M
- 10.01%
- YTD
- 8.87%
- 6M
- 9.44%
- 1Y
- 73.49%
- 3Y*
- 59.67%
- 5Y*
- 39.14%
- 10Y*
- 23.17%
DB vs. BBVA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DB Deutsche Bank Aktiengesellschaft | -5.44% | 132.42% | 29.52% | 21.34% | -5.86% | 14.68% | 40.10% | -2.89% | -56.72% | 18.96% |
BBVA Banco Bilbao Vizcaya Argentaria, S.A. | 8.87% | 153.74% | 14.20% | 62.48% | 10.09% | 22.05% | -6.31% | 11.07% | -35.01% | 32.83% |
Correlation
The correlation between DB and BBVA is 0.72, 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 | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 1996 | 0.66 |
The correlation between DB and BBVA has been stable across timeframes, ranging from 0.66 to 0.72 - a consistent structural relationship.
Fundamentals
DB:
€4.47
BBVA:
€1.84
DB:
6.89
BBVA:
11.68
DB:
0.12
BBVA:
0.43
DB:
0.92
BBVA:
2.68
DB:
€53.12B
BBVA:
€47.06B
DB:
€30.48B
BBVA:
€32.43B
DB:
€9.93B
BBVA:
€18.16B
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Return for Risk
DB vs. BBVA — Risk / Return Rank
DB
BBVA
DB vs. BBVA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deutsche Bank Aktiengesellschaft (DB) 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.
| DB | BBVA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.27 | ||
| Sortino ratioReturn per unit of downside risk | -1.31 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.35 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.06 | 3.34 | -2.28 |
| Martin ratioReturn relative to average drawdown | 2.46 | 8.70 | -6.25 |
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Drawdowns
DB vs. BBVA - Drawdown Comparison
The maximum DB drawdown since its inception was -94.73%, which is greater than BBVA's maximum drawdown of -78.31%. Use the drawdown chart below to compare losses from any high point for DB and BBVA.
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Drawdown Indicators
| DB | BBVA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.73% | -78.31% | -16.42% |
Max Drawdown (1Y)Largest decline over 1 year | -29.66% | -22.14% | -7.52% |
Max Drawdown (3Y)Largest decline over 3 years | -29.66% | -22.14% | -7.52% |
Max Drawdown (5Y)Largest decline over 5 years | -54.19% | -42.28% | -11.91% |
Max Drawdown (10Y)Largest decline over 10 years | -71.97% | -69.63% | -2.34% |
Current DrawdownCurrent decline from peak | -60.91% | -2.80% | -58.11% |
Average DrawdownAverage peak-to-trough decline | -53.68% | -29.06% | -24.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.71% | 8.47% | +4.24% |
Volatility
DB vs. BBVA - Volatility Comparison
Deutsche Bank Aktiengesellschaft (DB) has a higher volatility of 10.14% compared to Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) at 9.02%. This indicates that DB's price experiences larger fluctuations and is considered to be riskier 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
| DB | BBVA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.14% | 9.02% | +1.12% |
Volatility (6M)Calculated over the trailing 6-month period | 25.82% | 27.05% | -1.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.44% | 33.55% | -0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.49% | 33.61% | +3.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.78% | 35.74% | +4.04% |
Dividends
DB vs. BBVA - Dividend Comparison
DB's dividend yield for the trailing twelve months is around 3.31%, less than BBVA's 4.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBVA Banco Bilbao Vizcaya Argentaria, S.A. | 4.40% | 3.51% | 7.71% | 5.51% | 6.29% | 2.79% | 3.50% | 5.23% | 5.75% | 5.17% | 6.02% | 4.29% |
DB Deutsche Bank Aktiengesellschaft | 3.31% | 1.99% | 2.87% | 2.40% | 1.84% | 0.00% | 0.00% | 1.58% | 1.58% | 1.00% | 0.00% | 3.11% |
Financials
DB vs. BBVA - Financials Comparison
This section allows you to compare key financial metrics between Deutsche Bank Aktiengesellschaft 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
DB vs. BBVA - Profitability Comparison
DB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Deutsche Bank Aktiengesellschaft reported a gross profit of 8.15B and revenue of 15.29B. Therefore, the gross margin over that period was 53.3%.
BBVA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
DB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Deutsche Bank Aktiengesellschaft reported an operating income of 3.04B and revenue of 15.29B, resulting in an operating margin of 19.9%.
BBVA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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%.
DB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Deutsche Bank Aktiengesellschaft reported a net income of 2.12B and revenue of 15.29B, resulting in a net margin of 13.9%.
BBVA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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
DB and BBVA have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DB has higher volatility (10.14%) compared to BBVA (9.02%). In terms of maximum drawdown, DB dropped -94.73% vs BBVA's -78.31%.
BBVA currently has the higher Sharpe Ratio (2.20 vs 0.94), 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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