HD vs. MS
HD (The Home Depot, Inc.) and MS (Morgan Stanley) are both stocks. HD operates in Home Improvement Retail (Consumer Cyclical), while MS operates in Capital Markets (Financial Services). Over the past 10 years, HD returned 11.84%/yr vs 27.13%/yr for MS. At a 0.40 correlation, their price movements are largely independent.
Performance
HD vs. MS - Performance Comparison
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Returns By Period
In the year-to-date period, HD achieves a -8.71% return, which is significantly lower than MS's 20.86% return. Over the past 10 years, HD has underperformed MS with an annualized return of 11.84%, while MS has yielded a comparatively higher 27.13% annualized return.
HD
- 1D
- -0.34%
- 1M
- -1.71%
- YTD
- -8.71%
- 6M
- -10.23%
- 1Y
- -13.44%
- 3Y*
- 3.97%
- 5Y*
- 2.68%
- 10Y*
- 11.84%
MS
- 1D
- 0.15%
- 1M
- 9.92%
- YTD
- 20.86%
- 6M
- 21.34%
- 1Y
- 64.89%
- 3Y*
- 39.40%
- 5Y*
- 21.89%
- 10Y*
- 27.13%
HD vs. MS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HD The Home Depot, Inc. | -8.71% | -9.33% | 15.00% | 12.77% | -21.98% | 59.51% | 24.50% | 30.56% | -7.30% | 44.61% |
MS Morgan Stanley | 20.86% | 45.16% | 39.73% | 13.93% | -10.34% | 46.65% | 38.09% | 32.67% | -22.76% | 26.61% |
Correlation
The correlation between HD and MS is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 1993 | 0.40 |
The correlation between HD and MS shifts across timeframes, from 0.22 (1 year) to 0.41 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
HD:
$308.47B
MS:
$338.10B
HD:
$14.08
MS:
$11.41
HD:
22.00
MS:
18.59
HD:
1.85
MS:
2.81
HD:
22.23
MS:
3.23
HD:
$166.59B
MS:
$120.22B
HD:
$55.19B
MS:
$69.72B
HD:
$23.12B
MS:
$27.21B
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Return for Risk
HD vs. MS — Risk / Return Rank
HD
MS
HD vs. MS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Home Depot, Inc. (HD) and Morgan Stanley (MS). 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.
| HD | MS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.13 | ||
| Sortino ratioReturn per unit of downside risk | -3.88 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.43 | -0.51 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | 3.46 | -3.93 |
| Martin ratioReturn relative to average drawdown | -0.96 | 11.46 | -12.42 |
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
| HD | MS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.58 | 2.55 | -3.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.11 | 0.77 | -0.65 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.86 | -0.39 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 0.29 | +0.39 |
Drawdowns
HD vs. MS - Drawdown Comparison
The maximum HD drawdown since its inception was -70.46%, smaller than the maximum MS drawdown of -88.12%. Use the drawdown chart below to compare losses from any high point for HD and MS.
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Drawdown Indicators
| HD | MS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.46% | -88.12% | +17.66% |
Max Drawdown (1Y)Largest decline over 1 year | -28.81% | -18.83% | -9.98% |
Max Drawdown (3Y)Largest decline over 3 years | -28.84% | -29.24% | +0.40% |
Max Drawdown (5Y)Largest decline over 5 years | -34.73% | -32.38% | -2.35% |
Max Drawdown (10Y)Largest decline over 10 years | -37.99% | -51.33% | +13.34% |
Current DrawdownCurrent decline from peak | -25.37% | -2.76% | -22.61% |
Average DrawdownAverage peak-to-trough decline | -20.60% | -33.70% | +13.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.08% | 5.68% | +8.40% |
Volatility
HD vs. MS - Volatility Comparison
The current volatility for The Home Depot, Inc. (HD) is 6.57%, while Morgan Stanley (MS) has a volatility of 8.06%. This indicates that HD experiences smaller price fluctuations and is considered to be less risky than MS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HD | MS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.57% | 8.06% | -1.49% |
Volatility (6M)Calculated over the trailing 6-month period | 17.61% | 21.21% | -3.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.46% | 25.62% | -2.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.05% | 28.72% | -4.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.81% | 31.51% | -6.70% |
Dividends
HD vs. MS - Dividend Comparison
HD's dividend yield for the trailing twelve months is around 2.99%, more than MS's 1.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HD The Home Depot, Inc. | 2.99% | 2.67% | 2.31% | 2.41% | 2.41% | 1.59% | 2.26% | 2.49% | 2.40% | 1.88% | 2.06% | 1.78% |
MS Morgan Stanley | 1.88% | 2.17% | 2.82% | 3.49% | 3.47% | 2.14% | 2.04% | 2.54% | 2.77% | 1.72% | 1.66% | 1.73% |
Financials
HD vs. MS - Financials Comparison
This section allows you to compare key financial metrics between The Home Depot, Inc. and Morgan Stanley. 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
HD vs. MS - Profitability Comparison
HD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Home Depot, Inc. reported a gross profit of 13.78B and revenue of 41.77B. Therefore, the gross margin over that period was 33.0%.
MS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Morgan Stanley reported a gross profit of 20.48B and revenue of 33.15B. Therefore, the gross margin over that period was 61.8%.
HD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Home Depot, Inc. reported an operating income of 4.98B and revenue of 41.77B, resulting in an operating margin of 11.9%.
MS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Morgan Stanley reported an operating income of 7.01B and revenue of 33.15B, resulting in an operating margin of 21.2%.
HD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Home Depot, Inc. reported a net income of 3.29B and revenue of 41.77B, resulting in a net margin of 7.9%.
MS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Morgan Stanley reported a net income of 5.64B and revenue of 33.15B, resulting in a net margin of 17.0%.
Frequently Asked Questions
HD and MS have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MS has higher volatility (8.06%) compared to HD (6.57%). In terms of maximum drawdown, HD dropped -70.46% vs MS's -88.12%.
MS currently has the higher Sharpe Ratio (2.55 vs -0.58), 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.
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