DSNKY vs. KSPI

Last updated Jul 14, 2026

DSNKY (Daiichi Sankyo Co Ltd ADR) and KSPI (Joint Stock Company Kaspi.kz) are both stocks. DSNKY operates in Drug Manufacturers - General (Healthcare), while KSPI operates in Software - Infrastructure (Technology). Over the past year, DSNKY returned -23.97% vs 16.30% for KSPI. At a 0.16 correlation, their price movements are largely independent.

Performance

DSNKY vs. KSPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Daiichi Sankyo Co Ltd ADR (DSNKY) and Joint Stock Company Kaspi.kz (KSPI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DSNKY achieves a -21.14% return, which is significantly lower than KSPI's 21.28% return.

DSNKY

• 1D: -1.99%
• 1M: 6.01%
• 6M: -27.36%
• YTD: -21.14%
• 1Y: -23.97%
• 3Y*: -15.64%
• 5Y*: -4.21%
• 10Y*: 7.87%

KSPI

• 1D: -1.12%
• 1M: 10.07%
• 6M: 18.28%
• YTD: 21.28%
• 1Y: 16.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DSNKY vs. KSPI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DSNKY Daiichi Sankyo Co Ltd ADR	-21.14%	-21.50%	-6.32%
KSPI Joint Stock Company Kaspi.kz	21.28%	-17.51%	12.61%

Correlation

The correlation between DSNKY and KSPI is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.08
Correlation (All Time) Calculated using the full available price history since Jan 19, 2024	0.16

Fundamentals

Market Cap DSNKY : $30.48B KSPI : $16.85B
EPS DSNKY : ¥142.40 KSPI : KZT 5.48K
PE Ratio DSNKY : 19.10 KSPI : 7.67
PEG Ratio DSNKY : 0.40 KSPI : 0.29
PS Ratio DSNKY : 2.33 KSPI : 1.90
PB Ratio DSNKY : 2.99 KSPI : 3.01
Total Revenue (TTM) DSNKY : ¥2.15T KSPI : KZT 4.21T
Gross Profit (TTM) DSNKY : ¥1.47T KSPI : KZT 2.98T
EBITDA (TTM) DSNKY : ¥322.53B KSPI : KZT 1.56T

Return for Risk

DSNKY vs. KSPI — Risk / Return Rank

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

DSNKY

DSNKY Risk / Return Rank: 21
DSNKY Sharpe Ratio Rank: 18
DSNKY Sortino Ratio Rank: 19
DSNKY Omega Ratio Rank: 19
DSNKY Calmar Ratio Rank: 25
DSNKY Martin Ratio Rank: 26

KSPI

KSPI Risk / Return Rank: 58
KSPI Sharpe Ratio Rank: 61
KSPI Sortino Ratio Rank: 60
KSPI Omega Ratio Rank: 55
KSPI Calmar Ratio Rank: 59
KSPI Martin Ratio Rank: 56

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.

DSNKY vs. KSPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Daiichi Sankyo Co Ltd ADR (DSNKY) and Joint Stock Company Kaspi.kz (KSPI). 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.

	DSNKY	KSPI	Difference
Sharpe ratio: Return per unit of total volatility	-0.61	0.44	-1.05
Sortino ratio: Return per unit of downside risk	-0.67	1.02	-1.69
Omega ratio: Gain probability vs. loss probability	0.92	1.11	-0.19
Calmar ratio: Return relative to maximum drawdown	-0.54	0.55	-1.09
Martin ratio: Return relative to average drawdown	-0.90	0.92	-1.83

DSNKY vs. KSPI - Sharpe Ratio Comparison

The current DSNKY Sharpe Ratio is -0.61, which is lower than the KSPI Sharpe Ratio of 0.44. The chart below compares the historical Sharpe Ratios of DSNKY and KSPI, 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

DSNKY vs. KSPI - Drawdown Comparison

The maximum DSNKY drawdown since its inception was -63.55%, which is greater than KSPI's maximum drawdown of -48.05%. Use the drawdown chart below to compare losses from any high point for DSNKY and KSPI.

Drawdown Indicators

	DSNKY	KSPI	Difference
Max Drawdown Largest peak-to-trough decline	-63.55%	-48.05%	-15.50%
Max Drawdown (1Y) Largest decline over 1 year	-44.83%	-29.55%	-15.28%
Max Drawdown (3Y) Largest decline over 3 years	-63.55%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-63.55%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-63.55%	—	—
Current Drawdown Current decline from peak	-59.57%	-28.49%	-31.08%
Average Drawdown Average peak-to-trough decline	-21.27%	-25.97%	+4.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.66%	17.67%	+8.99%

Volatility

DSNKY vs. KSPI - Volatility Comparison

Daiichi Sankyo Co Ltd ADR (DSNKY) has a higher volatility of 11.85% compared to Joint Stock Company Kaspi.kz (KSPI) at 8.75%. This indicates that DSNKY's price experiences larger fluctuations and is considered to be riskier than KSPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DSNKY	KSPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.85%	8.75%	+3.10%
Volatility (6M) Calculated over the trailing 6-month period	30.25%	26.87%	+3.38%
Volatility (1Y) Calculated over the trailing 1-year period	39.68%	37.12%	+2.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.34%	38.60%	-0.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.98%	38.60%	-2.62%

Dividends

DSNKY vs. KSPI - Dividend Comparison

DSNKY has not paid dividends to shareholders, while KSPI's dividend yield for the trailing twelve months is around 5.98%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DSNKY Daiichi Sankyo Co Ltd ADR	0.00%	0.97%	0.72%	0.51%	0.00%	0.00%	0.00%	0.00%	0.00%	1.20%	2.92%
KSPI Joint Stock Company Kaspi.kz	5.98%	0.00%	11.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

DSNKY vs. KSPI - Profitability Comparison

The chart below illustrates the profitability comparison between Daiichi Sankyo Co Ltd ADR and Joint Stock Company Kaspi.kz over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

DSNKY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Daiichi Sankyo Co Ltd ADR reported a gross profit of 292.42B and revenue of 600.42B. Therefore, the gross margin over that period was 48.7%.

KSPI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Joint Stock Company Kaspi.kz reported a gross profit of 722.88B and revenue of 1.03T. Therefore, the gross margin over that period was 70.5%.

DSNKY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Daiichi Sankyo Co Ltd ADR reported an operating income of -22.50B and revenue of 600.42B, resulting in an operating margin of -3.8%.

KSPI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Joint Stock Company Kaspi.kz reported an operating income of 305.82B and revenue of 1.03T, resulting in an operating margin of 29.8%.

DSNKY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Daiichi Sankyo Co Ltd ADR reported a net income of 43.21B and revenue of 600.42B, resulting in a net margin of 7.2%.

KSPI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Joint Stock Company Kaspi.kz reported a net income of 239.02B and revenue of 1.03T, resulting in a net margin of 23.3%.

Frequently Asked Questions

Can I hold both DSNKY and KSPI in my portfolio?

DSNKY and KSPI have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DSNKY or KSPI?

DSNKY has higher volatility (11.85%) compared to KSPI (8.75%). In terms of maximum drawdown, DSNKY dropped -63.55% vs KSPI's -48.05%.

Which has better risk-adjusted returns?

KSPI currently has the higher Sharpe Ratio (0.44 vs -0.61), 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.