DBOEY vs. NDAQ

Last updated Apr 1, 2026

Compare and contrast key facts about Deutsche Boerse AG ADR (DBOEY) and Nasdaq, Inc. (NDAQ).

Performance

DBOEY vs. NDAQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Deutsche Boerse AG ADR (DBOEY) and Nasdaq, Inc. (NDAQ). The values are adjusted to include any dividend payments, if applicable.

DBOEY vs. NDAQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DBOEY Deutsche Boerse AG ADR	10.76%	15.89%	14.37%	22.36%	5.51%	-0.35%	9.85%	32.55%	4.89%	51.57%
NDAQ Nasdaq, Inc.	-12.32%	27.19%	34.85%	-3.66%	-11.19%	60.13%	25.99%	33.88%	8.21%	16.76%

Fundamentals

Market Cap DBOEY : $53.44B NDAQ : $48.94B
EPS DBOEY : $1.08 NDAQ : $3.09
PE Ratio DBOEY : 26.91 NDAQ : 27.43
PEG Ratio DBOEY : 1.70 NDAQ : 2.64
PS Ratio DBOEY : 7.39 NDAQ : 5.97
PB Ratio DBOEY : 5.06 NDAQ : 4.00
Total Revenue (TTM) DBOEY : $7.23B NDAQ : $8.22B
Gross Profit (TTM) DBOEY : $3.92B NDAQ : $3.94B
EBITDA (TTM) DBOEY : $3.54B NDAQ : $3.13B

Returns By Period

In the year-to-date period, DBOEY achieves a 10.76% return, which is significantly higher than NDAQ's -12.32% return. Both investments have delivered pretty close results over the past 10 years, with DBOEY having a 15.84% annualized return and NDAQ not far ahead at 16.29%.

DBOEY

• 1D: 3.70%
• 1M: 6.47%
• YTD: 10.76%
• 6M: 8.86%
• 1Y: -0.41%
• 3Y*: 16.65%
• 5Y*: 13.61%
• 10Y*: 15.84%

NDAQ

• 1D: 1.64%
• 1M: -2.76%
• YTD: -12.32%
• 6M: -3.43%
• 1Y: 13.26%
• 3Y*: 17.43%
• 5Y*: 12.56%
• 10Y*: 16.29%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

DBOEY vs. NDAQ — Risk / Return Rank

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

DBOEY

DBOEY Risk / Return Rank: 38
DBOEY Sharpe Ratio Rank: 40
DBOEY Sortino Ratio Rank: 34
DBOEY Omega Ratio Rank: 34
DBOEY Calmar Ratio Rank: 42
DBOEY Martin Ratio Rank: 42

NDAQ

NDAQ Risk / Return Rank: 57
NDAQ Sharpe Ratio Rank: 60
NDAQ Sortino Ratio Rank: 52
NDAQ Omega Ratio Rank: 54
NDAQ Calmar Ratio Rank: 58
NDAQ Martin Ratio Rank: 61

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.

DBOEY vs. NDAQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Deutsche Boerse AG ADR (DBOEY) and Nasdaq, Inc. (NDAQ). 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.

	DBOEY	NDAQ	Difference
Sharpe ratio Return per unit of total volatility	-0.02	0.50	-0.52
Sortino ratio Return per unit of downside risk	0.16	0.82	-0.65
Omega ratio Gain probability vs. loss probability	1.02	1.12	-0.10
Calmar ratio Return relative to maximum drawdown	0.02	0.68	-0.65
Martin ratio Return relative to average drawdown	0.04	1.80	-1.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DBOEY vs. NDAQ - Sharpe Ratio Comparison

The current DBOEY Sharpe Ratio is -0.02, which is lower than the NDAQ Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of DBOEY and NDAQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DBOEY	NDAQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.02	0.50	-0.52
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	0.53	+0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.66	0.68	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.37	-0.03

Correlation

The correlation between DBOEY and NDAQ is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

DBOEY vs. NDAQ - Dividend Comparison

DBOEY's dividend yield for the trailing twelve months is around 1.55%, more than NDAQ's 1.27% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DBOEY Deutsche Boerse AG ADR	1.55%	1.71%	1.76%	1.93%	2.05%	1.38%	1.21%	1.27%	1.64%	3.82%	5.49%	2.63%
NDAQ Nasdaq, Inc.	1.27%	1.08%	1.22%	1.48%	1.27%	1.00%	1.46%	1.73%	2.08%	1.90%	1.80%	1.55%

Drawdowns

DBOEY vs. NDAQ - Drawdown Comparison

The maximum DBOEY drawdown since its inception was -56.48%, smaller than the maximum NDAQ drawdown of -68.48%. Use the drawdown chart below to compare losses from any high point for DBOEY and NDAQ.

Drawdown Indicators

	DBOEY	NDAQ	Difference
Max Drawdown Largest peak-to-trough decline	-56.48%	-68.48%	+12.00%
Max Drawdown (1Y) Largest decline over 1 year	-28.71%	-21.76%	-6.95%
Max Drawdown (5Y) Largest decline over 5 years	-28.71%	-32.84%	+4.13%
Max Drawdown (10Y) Largest decline over 10 years	-38.66%	-38.31%	-0.35%
Current Drawdown Current decline from peak	-11.54%	-15.67%	+4.13%
Average Drawdown Average peak-to-trough decline	-13.01%	-23.91%	+10.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.42%	8.18%	+8.24%

Volatility

DBOEY vs. NDAQ - Volatility Comparison

Deutsche Boerse AG ADR (DBOEY) has a higher volatility of 7.66% compared to Nasdaq, Inc. (NDAQ) at 6.76%. This indicates that DBOEY's price experiences larger fluctuations and is considered to be riskier than NDAQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DBOEY	NDAQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.66%	6.76%	+0.90%
Volatility (6M) Calculated over the trailing 6-month period	18.86%	19.28%	-0.42%
Volatility (1Y) Calculated over the trailing 1-year period	26.27%	26.65%	-0.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.20%	23.67%	-1.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.96%	24.11%	-0.15%

Financials

DBOEY vs. NDAQ - Profitability Comparison

The chart below illustrates the profitability comparison between Deutsche Boerse AG ADR and Nasdaq, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

DBOEY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Deutsche Boerse AG ADR reported a gross profit of 813.70M and revenue of 1.80B. Therefore, the gross margin over that period was 45.2%.

NDAQ - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Nasdaq, Inc. reported a gross profit of 1.39B and revenue of 2.08B. Therefore, the gross margin over that period was 66.9%.

DBOEY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Deutsche Boerse AG ADR reported an operating income of 759.40M and revenue of 1.80B, resulting in an operating margin of 42.2%.

NDAQ - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Nasdaq, Inc. reported an operating income of 630.00M and revenue of 2.08B, resulting in an operating margin of 30.3%.

DBOEY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Deutsche Boerse AG ADR reported a net income of 508.70M and revenue of 1.80B, resulting in a net margin of 28.2%.

NDAQ - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Nasdaq, Inc. reported a net income of 519.00M and revenue of 2.08B, resulting in a net margin of 25.0%.