GBOOY vs. ITUB
GBOOY (Grupo Financiero Banorte SAB de CV ADR) and ITUB (Itaú Unibanco Holding S.A.) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, GBOOY returned 13.27%/yr vs 16.71%/yr for ITUB. At a 0.34 correlation, their price movements are largely independent.
Performance
GBOOY vs. ITUB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GBOOY achieves a 22.66% return, which is significantly higher than ITUB's 15.83% return. Over the past 10 years, GBOOY has underperformed ITUB with an annualized return of 13.27%, while ITUB has yielded a comparatively higher 16.71% annualized return.
GBOOY
- 1D
- -0.13%
- 1M
- 3.27%
- 6M
- 18.75%
- YTD
- 22.66%
- 1Y
- 25.70%
- 3Y*
- 19.44%
- 5Y*
- 20.45%
- 10Y*
- 13.27%
ITUB
- 1D
- -0.08%
- 1M
- 8.02%
- 6M
- 14.71%
- YTD
- 15.83%
- 1Y
- 32.36%
- 3Y*
- 25.23%
- 5Y*
- 25.93%
- 10Y*
- 16.71%
GBOOY vs. ITUB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GBOOY Grupo Financiero Banorte SAB de CV ADR | 22.66% | 59.20% | -30.20% | 52.91% | 20.30% | 22.28% | -0.38% | 19.42% | -7.60% | 15.23% |
ITUB Itaú Unibanco Holding S.A. | 15.83% | 86.06% | -23.49% | 54.53% | 30.82% | -6.05% | -30.47% | 8.46% | 12.68% | 30.90% |
Correlation
The correlation between GBOOY and ITUB is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Jun 19, 2009 | 0.34 |
Fundamentals
GBOOY:
$30.35B
ITUB:
$89.49B
GBOOY:
MX$101.50
ITUB:
R$3.93
GBOOY:
9.28
ITUB:
10.75
GBOOY:
0.63
ITUB:
1.07
GBOOY:
1.62
ITUB:
1.28
GBOOY:
2.23
ITUB:
2.16
GBOOY:
MX$336.10B
ITUB:
R$384.43B
GBOOY:
MX$112.12B
ITUB:
R$131.20B
GBOOY:
MX$63.92B
ITUB:
R$54.38B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GBOOY vs. ITUB — Risk / Return Rank
GBOOY
ITUB
GBOOY vs. ITUB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Grupo Financiero Banorte SAB de CV ADR (GBOOY) and Itaú Unibanco Holding S.A. (ITUB). 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.
| GBOOY | ITUB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.20 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.77 | 1.61 | +0.16 |
| Martin ratioReturn relative to average drawdown | 4.07 | 3.93 | +0.14 |
Loading charts...
Drawdowns
GBOOY vs. ITUB - Drawdown Comparison
The maximum GBOOY drawdown since its inception was -65.69%, smaller than the maximum ITUB drawdown of -69.35%. Use the drawdown chart below to compare losses from any high point for GBOOY and ITUB.
Loading charts...
Drawdown Indicators
| GBOOY | ITUB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.69% | -69.35% | +3.66% |
Max Drawdown (1Y)Largest decline over 1 year | -15.19% | -21.53% | +6.34% |
Max Drawdown (3Y)Largest decline over 3 years | -38.13% | -28.17% | -9.96% |
Max Drawdown (5Y)Largest decline over 5 years | -38.13% | -31.59% | -6.54% |
Max Drawdown (10Y)Largest decline over 10 years | -65.69% | -61.96% | -3.73% |
Current DrawdownCurrent decline from peak | -5.85% | -13.41% | +7.56% |
Average DrawdownAverage peak-to-trough decline | -17.73% | -21.00% | +3.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.58% | 8.80% | -2.22% |
Volatility
GBOOY vs. ITUB - Volatility Comparison
Grupo Financiero Banorte SAB de CV ADR (GBOOY) has a higher volatility of 9.18% compared to Itaú Unibanco Holding S.A. (ITUB) at 7.77%. This indicates that GBOOY's price experiences larger fluctuations and is considered to be riskier than ITUB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GBOOY | ITUB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.18% | 7.77% | +1.41% |
Volatility (6M)Calculated over the trailing 6-month period | 24.02% | 24.69% | -0.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.32% | 31.02% | -0.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.45% | 33.87% | +3.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.07% | 38.25% | +2.82% |
Dividends
GBOOY vs. ITUB - Dividend Comparison
GBOOY's dividend yield for the trailing twelve months is around 9.18%, more than ITUB's 8.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GBOOY Grupo Financiero Banorte SAB de CV ADR | 9.18% | 9.42% | 10.55% | 7.41% | 8.46% | 4.29% | 0.00% | 4.94% | 3.46% | 5.15% | 2.20% | 1.02% |
ITUB Itaú Unibanco Holding S.A. | 8.04% | 11.26% | 9.20% | 3.61% | 4.21% | 29.81% | 4.80% | 8.21% | 6.93% | 3.35% | 15.63% | 3.89% |
Financials
GBOOY vs. ITUB - Financials Comparison
This section allows you to compare key financial metrics between Grupo Financiero Banorte SAB de CV ADR and Itaú Unibanco Holding S.A.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
GBOOY vs. ITUB - Profitability Comparison
GBOOY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Grupo Financiero Banorte SAB de CV ADR reported a gross profit of 67.89B and revenue of 116.99B. Therefore, the gross margin over that period was 58.0%.
ITUB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Itaú Unibanco Holding S.A. reported a gross profit of 32.47B and revenue of 94.91B. Therefore, the gross margin over that period was 34.2%.
GBOOY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Grupo Financiero Banorte SAB de CV ADR reported an operating income of 22.06B and revenue of 116.99B, resulting in an operating margin of 18.9%.
ITUB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Itaú Unibanco Holding S.A. reported an operating income of 12.47B and revenue of 94.91B, resulting in an operating margin of 13.1%.
GBOOY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Grupo Financiero Banorte SAB de CV ADR reported a net income of 15.46B and revenue of 116.99B, resulting in a net margin of 13.2%.
ITUB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Itaú Unibanco Holding S.A. reported a net income of 11.42B and revenue of 94.91B, resulting in a net margin of 12.0%.
Frequently Asked Questions
GBOOY and ITUB have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GBOOY has higher volatility (9.18%) compared to ITUB (7.77%). In terms of maximum drawdown, GBOOY dropped -65.69% vs ITUB's -69.35%.
ITUB currently has the higher Sharpe Ratio (1.12 vs 0.89), 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.
Find the right allocation for GBOOY and ITUB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer