DBD vs. SPY
DBD (Diebold Nixdorf, Incorporated) is a stock, while SPY (State Street SPDR S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past year, DBD returned 43.51% vs 23.22% for SPY. Their 0.42 correlation means their historical movements had little consistent relationship.
Performance
DBD vs. SPY - Performance Comparison
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Returns By Period
In the year-to-date period, DBD achieves a 14.13% return, which is significantly higher than SPY's 11.70% return.
DBD
- 1D
- 5.29%
- 1M
- -6.83%
- 6M
- 9.03%
- YTD
- 14.13%
- 1Y
- 43.51%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 58.36%
SPY
- 1D
- 1.42%
- 1M
- 1.73%
- 6M
- 9.53%
- YTD
- 11.70%
- 1Y
- 23.22%
- 3Y*
- 20.74%
- 5Y*
- 13.05%
- 10Y*
- 15.09%
- ALL TIME*
- 10.83%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $30.52M | $24.38M | $24.78M | |
| $38.19B | $36.17B | $39.59B |
DBD vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
DBD Diebold Nixdorf, Incorporated | 14.13% | 57.74% | 48.67% | 46.21% |
SPY State Street SPDR S&P 500 ETF | 11.70% | 17.72% | 24.89% | 6.88% |
Correlation
The correlation between DBD and SPY is 0.47, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.47 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2023 | 0.42 |
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Return for Risk
DBD vs. SPY — Risk / Return Rank
DBD
SPY
DBD vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Diebold Nixdorf, Incorporated (DBD) and State Street SPDR S&P 500 ETF (SPY). 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.
| DBD | SPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.71 | ||
| Sortino ratioReturn per unit of downside risk | -0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.32 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.94 | 2.62 | -0.68 |
| Martin ratioReturn relative to average drawdown | 5.86 | 11.20 | -5.34 |
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Drawdowns
DBD vs. SPY - Drawdown Comparison
The maximum DBD drawdown since its inception was -25.76%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DBD and SPY.
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Drawdown Indicators
| DBD | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.76% | -55.19% | +29.43% |
Max Drawdown (1Y)Largest decline over 1 year | -22.53% | -8.88% | -13.65% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.76% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.50% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.72% | — |
Current DrawdownCurrent decline from peak | -14.62% | 0.00% | -14.62% |
Average DrawdownAverage peak-to-trough decline | -6.58% | -9.01% | +2.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.45% | 2.08% | +5.37% |
Volatility
DBD vs. SPY - Volatility Comparison
Diebold Nixdorf, Incorporated (DBD) has a higher volatility of 21.70% compared to State Street SPDR S&P 500 ETF (SPY) at 3.84%. This indicates that DBD's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DBD | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.70% | 3.84% | +17.86% |
Volatility (6M)Calculated over the trailing 6-month period | 32.04% | 10.23% | +21.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.66% | 12.87% | +26.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.32% | 17.19% | +24.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.32% | 17.96% | +23.36% |
Dividends
DBD vs. SPY - Dividend Comparison
DBD has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.99%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBD Diebold Nixdorf, Incorporated | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY State Street SPDR S&P 500 ETF | 0.99% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Frequently Asked Questions
DBD and SPY have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DBD has higher volatility (21.70%) compared to SPY (3.84%). In terms of maximum drawdown, DBD dropped -25.76% vs SPY's -55.19%.
SPY currently has the higher Sharpe Ratio (1.82 vs 1.10), 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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