DBSDY vs. UOVEY

Last updated Jul 17, 2026

DBSDY (DBS Group Holdings Ltd ADR) and UOVEY (United Overseas Bank Ltd ADR) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, DBSDY returned 24.08%/yr vs 14.46%/yr for UOVEY. A 0.68 correlation means they provide meaningful diversification when combined.

Performance

DBSDY vs. UOVEY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DBS Group Holdings Ltd ADR (DBSDY) and United Overseas Bank Ltd ADR (UOVEY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DBSDY achieves a 30.64% return, which is significantly higher than UOVEY's 25.81% return. Over the past 10 years, DBSDY has outperformed UOVEY with an annualized return of 24.08%, while UOVEY has yielded a comparatively lower 14.46% annualized return.

DBSDY

• 1D: -0.88%
• 1M: 13.16%
• 6M: 25.36%
• YTD: 30.64%
• 1Y: 63.00%
• 3Y*: 43.41%
• 5Y*: 29.76%
• 10Y*: 24.08%

UOVEY

• 1D: -3.75%
• 1M: 10.59%
• 6M: 21.37%
• YTD: 25.81%
• 1Y: 22.79%
• 3Y*: 23.66%
• 5Y*: 17.98%
• 10Y*: 14.46%

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

DBSDY vs. UOVEY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DBSDY DBS Group Holdings Ltd ADR	30.64%	44.73%	47.43%	7.13%	8.63%	32.34%	1.70%	18.17%	-0.93%	63.53%
UOVEY United Overseas Bank Ltd ADR	25.81%	8.71%	30.56%	-0.12%	19.27%	21.72%	-10.55%	14.12%	-5.10%	47.64%

Correlation

The correlation between DBSDY and UOVEY is 0.61, 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	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (10Y) Calculated over the trailing 10-year period	0.74
Correlation (All Time) Calculated using the full available price history since Jul 13, 2007	0.68

The correlation between DBSDY and UOVEY shifts across timeframes, from 0.61 (1 year) to 0.74 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap DBSDY : $159.36B UOVEY : $55.47B
EPS DBSDY : SGD 15.45 UOVEY : SGD 25.10
PE Ratio DBSDY : 18.71 UOVEY : 3.45
PEG Ratio DBSDY : 1.41 UOVEY : 0.71
PS Ratio DBSDY : 5.61 UOVEY : 1.11
PB Ratio DBSDY : 2.98 UOVEY : 0.72
Total Revenue (TTM) DBSDY : SGD 36.59B UOVEY : SGD 33.44B
Gross Profit (TTM) DBSDY : SGD 36.40B UOVEY : SGD 26.59B
EBITDA (TTM) DBSDY : SGD 13.46B UOVEY : SGD 2.93B

Return for Risk

DBSDY vs. UOVEY — Risk / Return Rank

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

DBSDY

DBSDY Risk / Return Rank: 98
DBSDY Sharpe Ratio Rank: 98
DBSDY Sortino Ratio Rank: 99
DBSDY Omega Ratio Rank: 98
DBSDY Calmar Ratio Rank: 97
DBSDY Martin Ratio Rank: 97

UOVEY

UOVEY Risk / Return Rank: 80
UOVEY Sharpe Ratio Rank: 83
UOVEY Sortino Ratio Rank: 80
UOVEY Omega Ratio Rank: 81
UOVEY Calmar Ratio Rank: 81
UOVEY Martin Ratio Rank: 76

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.

DBSDY vs. UOVEY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DBS Group Holdings Ltd ADR (DBSDY) and United Overseas Bank Ltd ADR (UOVEY). 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.

	DBSDY	UOVEY	Difference
Sharpe ratio: Return per unit of total volatility	3.73	1.40	+2.33
Sortino ratio: Return per unit of downside risk	5.29	2.06	+3.23
Omega ratio: Gain probability vs. loss probability	1.67	1.28	+0.39
Calmar ratio: Return relative to maximum drawdown	6.69	2.34	+4.36
Martin ratio: Return relative to average drawdown	19.98	4.34	+15.64

DBSDY vs. UOVEY - Sharpe Ratio Comparison

The current DBSDY Sharpe Ratio is 3.73, which is higher than the UOVEY Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of DBSDY and UOVEY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DBSDY vs. UOVEY - Drawdown Comparison

The maximum DBSDY drawdown since its inception was -74.39%, which is greater than UOVEY's maximum drawdown of -65.99%. Use the drawdown chart below to compare losses from any high point for DBSDY and UOVEY.

Drawdown Indicators

	DBSDY	UOVEY	Difference
Max Drawdown Largest peak-to-trough decline	-74.39%	-65.99%	-8.40%
Max Drawdown (1Y) Largest decline over 1 year	-9.46%	-9.80%	+0.34%
Max Drawdown (3Y) Largest decline over 3 years	-18.75%	-19.21%	+0.46%
Max Drawdown (5Y) Largest decline over 5 years	-22.02%	-23.13%	+1.11%
Max Drawdown (10Y) Largest decline over 10 years	-43.94%	-43.81%	-0.13%
Current Drawdown Current decline from peak	-0.88%	-3.75%	+2.87%
Average Drawdown Average peak-to-trough decline	-14.90%	-11.68%	-3.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.16%	5.26%	-2.10%

Volatility

DBSDY vs. UOVEY - Volatility Comparison

The current volatility for DBS Group Holdings Ltd ADR (DBSDY) is 4.72%, while United Overseas Bank Ltd ADR (UOVEY) has a volatility of 7.37%. This indicates that DBSDY experiences smaller price fluctuations and is considered to be less risky than UOVEY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DBSDY	UOVEY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.72%	7.37%	-2.65%
Volatility (6M) Calculated over the trailing 6-month period	12.76%	14.05%	-1.29%
Volatility (1Y) Calculated over the trailing 1-year period	16.98%	16.35%	+0.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.82%	17.94%	+0.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.63%	20.50%	+1.13%

Dividends

DBSDY vs. UOVEY - Dividend Comparison

DBSDY's dividend yield for the trailing twelve months is around 3.70%, less than UOVEY's 4.21% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DBSDY DBS Group Holdings Ltd ADR	3.70%	4.42%	4.94%	6.76%	4.09%	3.11%	2.55%	6.59%	7.22%	3.53%	7.42%	3.77%
UOVEY United Overseas Bank Ltd ADR	4.21%	6.35%	4.85%	5.58%	3.83%	3.68%	2.50%	4.66%	4.76%	3.99%	8.08%	5.82%

Financials

DBSDY vs. UOVEY - Profitability Comparison

The chart below illustrates the profitability comparison between DBS Group Holdings Ltd ADR and United Overseas Bank Ltd ADR over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

DBSDY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, DBS Group Holdings Ltd ADR reported a gross profit of 5.76B and revenue of 5.95B. Therefore, the gross margin over that period was 96.8%.

UOVEY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, United Overseas Bank Ltd ADR reported a gross profit of 5.75B and revenue of 12.60B. Therefore, the gross margin over that period was 45.7%.

DBSDY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, DBS Group Holdings Ltd ADR reported an operating income of 5.76B and revenue of 5.95B, resulting in an operating margin of 96.8%.

UOVEY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, United Overseas Bank Ltd ADR reported an operating income of 2.19B and revenue of 12.60B, resulting in an operating margin of 17.4%.

DBSDY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, DBS Group Holdings Ltd ADR reported a net income of 2.93B and revenue of 5.95B, resulting in a net margin of 49.3%.

UOVEY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, United Overseas Bank Ltd ADR reported a net income of 1.85B and revenue of 12.60B, resulting in a net margin of 14.7%.

Frequently Asked Questions

Can I hold both DBSDY and UOVEY in my portfolio?

DBSDY and UOVEY have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DBSDY or UOVEY?

UOVEY has higher volatility (7.37%) compared to DBSDY (4.72%). In terms of maximum drawdown, DBSDY dropped -74.39% vs UOVEY's -65.99%.

Which has better risk-adjusted returns?

DBSDY currently has the higher Sharpe Ratio (3.73 vs 1.40), 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.