DBK.DE vs. H4ZJ.DE
DBK.DE (Deutsche Bank Aktiengesellschaft) is a stock, while H4ZJ.DE (HSBC MSCI World UCITS ETF USD) is Global Equities fund tracking the MSCI World. Over the past 10 years, DBK.DE returned 9.52%/yr vs 14.71%/yr for H4ZJ.DE. At a 0.49 correlation, their price movements are largely independent.
Performance
DBK.DE vs. H4ZJ.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DBK.DE achieves a -13.18% return, which is significantly lower than H4ZJ.DE's 10.86% return. Over the past 10 years, DBK.DE has underperformed H4ZJ.DE with an annualized return of 9.52%, while H4ZJ.DE has yielded a comparatively higher 14.71% annualized return.
DBK.DE
- 1D
- 2.99%
- 1M
- 9.58%
- YTD
- -13.18%
- 6M
- -7.22%
- 1Y
- 19.58%
- 3Y*
- 46.38%
- 5Y*
- 20.97%
- 10Y*
- 9.52%
H4ZJ.DE
- 1D
- -0.34%
- 1M
- 4.80%
- YTD
- 10.86%
- 6M
- 11.35%
- 1Y
- 24.00%
- 3Y*
- 18.46%
- 5Y*
- 13.87%
- 10Y*
- 14.71%
DBK.DE vs. H4ZJ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DBK.DE Deutsche Bank Aktiengesellschaft | -13.18% | 104.51% | 38.52% | 20.50% | -1.83% | 23.12% | 29.38% | 1.00% | -55.64% | 4.29% |
H4ZJ.DE HSBC MSCI World UCITS ETF USD | 10.86% | 8.00% | 26.94% | 22.28% | -13.11% | 35.34% | 7.78% | 34.57% | -2.46% | 9.87% |
Correlation
The correlation between DBK.DE and H4ZJ.DE is 0.58, 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 | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2013 | 0.49 |
The correlation between DBK.DE and H4ZJ.DE shifts across timeframes, from 0.44 (3 years) to 0.58 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
DBK.DE vs. H4ZJ.DE — Risk / Return Rank
DBK.DE
H4ZJ.DE
DBK.DE vs. H4ZJ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deutsche Bank Aktiengesellschaft (DBK.DE) and HSBC MSCI World UCITS ETF USD (H4ZJ.DE). 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.
| DBK.DE | H4ZJ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.52 | ||
| Sortino ratioReturn per unit of downside risk | -1.88 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.40 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.73 | 3.61 | -2.88 |
| Martin ratioReturn relative to average drawdown | 1.74 | 14.41 | -12.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DBK.DE | H4ZJ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.61 | 2.13 | -1.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.97 | -0.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.25 | 0.97 | -0.72 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.93 | -0.88 |
Drawdowns
DBK.DE vs. H4ZJ.DE - Drawdown Comparison
The maximum DBK.DE drawdown since its inception was -92.61%, which is greater than H4ZJ.DE's maximum drawdown of -33.60%. Use the drawdown chart below to compare losses from any high point for DBK.DE and H4ZJ.DE.
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Drawdown Indicators
| DBK.DE | H4ZJ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.61% | -33.60% | -59.01% |
Max Drawdown (1Y)Largest decline over 1 year | -26.77% | -6.59% | -20.18% |
Max Drawdown (3Y)Largest decline over 3 years | -26.77% | -21.65% | -5.12% |
Max Drawdown (5Y)Largest decline over 5 years | -46.36% | -21.65% | -24.71% |
Max Drawdown (10Y)Largest decline over 10 years | -71.17% | -33.60% | -37.57% |
Current DrawdownCurrent decline from peak | -51.37% | -0.34% | -51.03% |
Average DrawdownAverage peak-to-trough decline | -48.73% | -4.02% | -44.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.22% | 1.66% | +9.56% |
Volatility
DBK.DE vs. H4ZJ.DE - Volatility Comparison
Deutsche Bank Aktiengesellschaft (DBK.DE) has a higher volatility of 9.08% compared to HSBC MSCI World UCITS ETF USD (H4ZJ.DE) at 2.77%. This indicates that DBK.DE's price experiences larger fluctuations and is considered to be riskier than H4ZJ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DBK.DE | H4ZJ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.08% | 2.77% | +6.31% |
Volatility (6M)Calculated over the trailing 6-month period | 23.67% | 7.73% | +15.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.04% | 11.24% | +20.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.49% | 14.14% | +21.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.39% | 15.05% | +23.34% |
Dividends
DBK.DE vs. H4ZJ.DE - Dividend Comparison
DBK.DE's dividend yield for the trailing twelve months is around 3.61%, more than H4ZJ.DE's 1.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBK.DE Deutsche Bank Aktiengesellschaft | 3.61% | 2.05% | 2.70% | 2.43% | 1.89% | 0.00% | 0.00% | 1.59% | 1.58% | 1.20% | 0.00% | 3.33% |
H4ZJ.DE HSBC MSCI World UCITS ETF USD | 1.16% | 1.28% | 2.06% | 3.02% | 2.65% | 2.73% | 3.30% | 4.02% | 4.71% | 3.58% | 4.02% | 3.46% |
Frequently Asked Questions
DBK.DE and H4ZJ.DE have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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