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DBD vs. GSG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

DBD vs. GSG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Diebold Nixdorf, Incorporated (DBD) and iShares S&P GSCI Commodity-Indexed Trust (GSG). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, DBD achieves a 21.80% return, which is significantly lower than GSG's 25.54% return.


DBD

1D
-0.23%
1M
11.29%
YTD
21.80%
6M
21.00%
1Y
59.02%
3Y*
5Y*
10Y*

GSG

1D
-1.03%
1M
-12.93%
YTD
25.54%
6M
23.88%
1Y
27.65%
3Y*
14.02%
5Y*
12.78%
10Y*
6.58%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DBD vs. GSG - Yearly Performance Comparison


2026 (YTD)202520242023
DBD
Diebold Nixdorf, Incorporated
21.80%57.74%48.67%46.21%
GSG
iShares S&P GSCI Commodity-Indexed Trust
25.54%5.93%8.52%-6.44%

Correlation

The correlation between DBD and GSG is -0.17, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.17

Correlation (All Time)
Calculated using the full available price history since Aug 15, 2023

0.00

The correlation between DBD and GSG shifts across timeframes, from -0.17 (1 year) to 0.00 (all time), reflecting how their relationship changes across market environments.

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Return for Risk

DBD vs. GSG — Risk / Return Rank

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

DBD
DBD Risk / Return Rank: 8383
Overall Rank
DBD Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
DBD Sortino Ratio Rank: 8282
Sortino Ratio Rank
DBD Omega Ratio Rank: 8282
Omega Ratio Rank
DBD Calmar Ratio Rank: 8181
Calmar Ratio Rank
DBD Martin Ratio Rank: 8585
Martin Ratio Rank

GSG
GSG Risk / Return Rank: 3737
Overall Rank
GSG Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
GSG Sortino Ratio Rank: 3434
Sortino Ratio Rank
GSG Omega Ratio Rank: 3636
Omega Ratio Rank
GSG Calmar Ratio Rank: 3434
Calmar Ratio Rank
GSG Martin Ratio Rank: 4444
Martin Ratio Rank
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.

DBD vs. GSG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Diebold Nixdorf, Incorporated (DBD) and iShares S&P GSCI Commodity-Indexed Trust (GSG). 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.


DBDGSGDifference
Sharpe ratioReturn per unit of total volatility

+0.47

Sortino ratioReturn per unit of downside risk

+0.63

Omega ratioGain probability vs. loss probability

1.31

1.23

+0.08

Calmar ratioReturn relative to maximum drawdown

2.63

1.66

+0.97

Martin ratioReturn relative to average drawdown

8.36

6.95

+1.41

DBD vs. GSG - Sharpe Ratio Comparison

The current DBD Sharpe Ratio is 1.69, which is higher than the GSG Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of DBD and GSG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

DBD vs. GSG - Drawdown Comparison

The maximum DBD drawdown since its inception was -25.76%, smaller than the maximum GSG drawdown of -89.62%. Use the drawdown chart below to compare losses from any high point for DBD and GSG.


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Drawdown Indicators


DBDGSGDifference

Max Drawdown

Largest peak-to-trough decline

-25.76%

-89.62%

+63.86%

Max Drawdown (1Y)

Largest decline over 1 year

-22.53%

-16.74%

-5.79%

Max Drawdown (3Y)

Largest decline over 3 years

-16.74%

Max Drawdown (5Y)

Largest decline over 5 years

-29.12%

Max Drawdown (10Y)

Largest decline over 10 years

-57.64%

Current Drawdown

Current decline from peak

-6.85%

-62.10%

+55.25%

Average Drawdown

Average peak-to-trough decline

-6.61%

-63.69%

+57.08%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.08%

4.01%

+3.07%

Volatility

DBD vs. GSG - Volatility Comparison

Diebold Nixdorf, Incorporated (DBD) has a higher volatility of 9.74% compared to iShares S&P GSCI Commodity-Indexed Trust (GSG) at 5.46%. This indicates that DBD's price experiences larger fluctuations and is considered to be riskier than GSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


DBDGSGDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.74%

5.46%

+4.28%

Volatility (6M)

Calculated over the trailing 6-month period

25.56%

20.82%

+4.74%

Volatility (1Y)

Calculated over the trailing 1-year period

35.12%

23.17%

+11.95%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

40.38%

22.67%

+17.71%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

40.38%

22.01%

+18.37%

Dividends

DBD vs. GSG - Dividend Comparison

Neither DBD nor GSG has paid dividends to shareholders.


Tickers have no history of dividend payments

Frequently Asked Questions


DBD and GSG 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.

DBD has higher volatility (9.74%) compared to GSG (5.46%). In terms of maximum drawdown, DBD dropped -25.76% vs GSG's -89.62%.

DBD currently has the higher Sharpe Ratio (1.69 vs 1.22), 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.

Portfolio Optimizer

Find the right allocation for DBD and GSG

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