MS vs. HD
MS (Morgan Stanley) and HD (The Home Depot, Inc.) are both stocks. MS operates in Capital Markets (Financial Services), while HD operates in Home Improvement Retail (Consumer Cyclical). Over the past 10 years, MS returned 25.48%/yr vs 12.00%/yr for HD. At a 0.40 correlation, their price movements are largely independent.
Performance
MS vs. HD - Performance Comparison
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Returns By Period
In the year-to-date period, MS achieves a 20.12% return, which is significantly higher than HD's -1.84% return. Over the past 10 years, MS has outperformed HD with an annualized return of 25.48%, while HD has yielded a comparatively lower 12.00% annualized return.
MS
- 1D
- -2.12%
- 1M
- -5.48%
- 6M
- 12.77%
- YTD
- 20.12%
- 1Y
- 53.40%
- 3Y*
- 35.16%
- 5Y*
- 20.96%
- 10Y*
- 25.48%
- ALL TIME*
- 13.01%
HD
- 1D
- -1.72%
- 1M
- -0.37%
- 6M
- -11.15%
- YTD
- -1.84%
- 1Y
- -4.87%
- 3Y*
- 3.89%
- 5Y*
- 2.94%
- 10Y*
- 12.00%
- ALL TIME*
- 24.75%
MS vs. HD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MS Morgan Stanley | 20.12% | 45.16% | 39.73% | 13.93% | -10.34% | 46.65% | 38.09% | 32.67% | -22.76% | 26.61% |
HD The Home Depot, Inc. | -1.84% | -9.33% | 15.00% | 12.77% | -21.98% | 59.51% | 24.50% | 30.56% | -7.30% | 44.61% |
Correlation
The correlation between MS and HD is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 1993 | 0.40 |
Over the past year, the correlation between MS and HD has dropped to 0.16 - well below their long-term average of 0.40, suggesting their price drivers have been diverging.
Fundamentals
MS:
$332.76B
HD:
$332.08B
MS:
$11.41
HD:
$14.08
MS:
18.48
HD:
23.66
MS:
2.80
HD:
1.99
MS:
3.21
HD:
23.91
MS:
$120.22B
HD:
$166.59B
MS:
$69.72B
HD:
$55.19B
MS:
$27.21B
HD:
$23.12B
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Return for Risk
MS vs. HD — Risk / Return Rank
MS
HD
MS vs. HD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley (MS) and The Home Depot, Inc. (HD). 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.
| MS | HD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.17 | ||
| Sortino ratioReturn per unit of downside risk | +2.66 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 0.99 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 2.85 | -0.17 | +3.02 |
| Martin ratioReturn relative to average drawdown | 9.21 | -0.32 | +9.52 |
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Drawdowns
MS vs. HD - Drawdown Comparison
The maximum MS drawdown since its inception was -88.12%, which is greater than HD's maximum drawdown of -70.46%. Use the drawdown chart below to compare losses from any high point for MS and HD.
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Drawdown Indicators
| MS | HD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.12% | -70.46% | -17.66% |
Max Drawdown (1Y)Largest decline over 1 year | -18.83% | -28.81% | +9.98% |
Max Drawdown (3Y)Largest decline over 3 years | -29.24% | -28.84% | -0.40% |
Max Drawdown (5Y)Largest decline over 5 years | -32.38% | -34.73% | +2.35% |
Max Drawdown (10Y)Largest decline over 10 years | -51.33% | -37.99% | -13.34% |
Current DrawdownCurrent decline from peak | -7.71% | -19.74% | +12.03% |
Average DrawdownAverage peak-to-trough decline | -33.60% | -20.59% | -13.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.82% | 15.36% | -9.54% |
Volatility
MS vs. HD - Volatility Comparison
Morgan Stanley (MS) and The Home Depot, Inc. (HD) have volatilities of 9.63% and 9.23%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MS | HD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.63% | 9.23% | +0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 22.21% | 19.18% | +3.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.22% | 25.08% | +2.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.76% | 24.42% | +4.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.32% | 24.99% | +6.33% |
Dividends
MS vs. HD - Dividend Comparison
MS's dividend yield for the trailing twelve months is around 1.90%, less than HD's 2.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HD The Home Depot, Inc. | 2.78% | 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 | 1.90% | 2.17% | 2.82% | 3.49% | 3.47% | 2.14% | 2.04% | 2.54% | 2.77% | 1.72% | 1.66% | 1.73% |
Financials
MS vs. HD - Financials Comparison
This section allows you to compare key financial metrics between Morgan Stanley and The Home Depot, Inc.. 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
MS vs. HD - Profitability Comparison
MS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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 - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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 - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Morgan Stanley reported an operating income of 7.01B and revenue of 33.15B, resulting in an operating margin of 21.2%.
HD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 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 - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Morgan Stanley reported a net income of 5.64B and revenue of 33.15B, resulting in a net margin of 17.0%.
HD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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%.
Frequently Asked Questions
MS and HD have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MS has higher volatility (9.63%) compared to HD (9.23%). In terms of maximum drawdown, MS dropped -88.12% vs HD's -70.46%.
MS currently has the higher Sharpe Ratio (1.98 vs -0.20), 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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