MS vs. IBKR

Last updated Jun 20, 2026

MS (Morgan Stanley) and IBKR (Interactive Brokers Group, Inc.) are both stocks. Both operate in the Capital Markets industry within the Financial Services sector. Over the past 10 years, MS returned 27.59%/yr vs 27.32%/yr for IBKR. A 0.52 correlation means they provide meaningful diversification when combined.

Performance

MS vs. IBKR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Morgan Stanley (MS) and Interactive Brokers Group, Inc. (IBKR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MS achieves a 27.08% return, which is significantly lower than IBKR's 49.59% return. Both investments have delivered pretty close results over the past 10 years, with MS having a 27.59% annualized return and IBKR not far behind at 27.32%.

MS

• 1D: -0.80%
• 1M: 12.84%
• YTD: 27.08%
• 6M: 27.48%
• 1Y: 72.47%
• 3Y*: 40.74%
• 5Y*: 25.54%
• 10Y*: 27.59%

IBKR

• 1D: 0.96%
• 1M: 14.69%
• YTD: 49.59%
• 6M: 49.70%
• 1Y: 83.35%
• 3Y*: 69.39%
• 5Y*: 44.21%
• 10Y*: 27.32%

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

MS vs. IBKR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MS Morgan Stanley	27.08%	45.16%	39.73%	13.93%	-10.34%	46.65%	38.09%	32.67%	-22.76%	26.61%
IBKR Interactive Brokers Group, Inc.	49.59%	46.37%	114.43%	15.14%	-8.35%	31.12%	31.71%	-14.01%	-7.13%	63.75%

Correlation

The correlation between MS and IBKR 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	0.47
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (10Y) Calculated over the trailing 10-year period	0.54
Correlation (All Time) Calculated using the full available price history since May 4, 2007	0.52

The correlation between MS and IBKR shifts across timeframes, from 0.47 (3 years) to 0.61 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap MS : $355.51B IBKR : $43.04B
EPS MS : $11.41 IBKR : $3.76
PE Ratio MS : 19.55 IBKR : 25.56
PEG Ratio MS : 1.84 IBKR : 0.88
PS Ratio MS : 2.96 IBKR : 4.93
PB Ratio MS : 3.40 IBKR : 2.02
Total Revenue (TTM) MS : $120.22B IBKR : $8.69B
Gross Profit (TTM) MS : $69.72B IBKR : $7.75B
EBITDA (TTM) MS : $27.21B IBKR : $7.07B

Return for Risk

MS vs. IBKR — Risk / Return Rank

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

MS

MS Risk / Return Rank: 92
MS Sharpe Ratio Rank: 95
MS Sortino Ratio Rank: 92
MS Omega Ratio Rank: 92
MS Calmar Ratio Rank: 88
MS Martin Ratio Rank: 91

IBKR

IBKR Risk / Return Rank: 89
IBKR Sharpe Ratio Rank: 91
IBKR Sortino Ratio Rank: 87
IBKR Omega Ratio Rank: 85
IBKR Calmar Ratio Rank: 91
IBKR Martin Ratio Rank: 90

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.

MS vs. IBKR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley (MS) and Interactive Brokers Group, Inc. (IBKR). 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	IBKR	Difference
Sharpe ratio: Return per unit of total volatility	2.82	2.23	+0.59
Sortino ratio: Return per unit of downside risk	3.43	2.80	+0.63
Omega ratio: Gain probability vs. loss probability	1.46	1.35	+0.11
Calmar ratio: Return relative to maximum drawdown	3.87	4.48	-0.61
Martin ratio: Return relative to average drawdown	12.76	11.39	+1.37

MS vs. IBKR - Sharpe Ratio Comparison

The current MS Sharpe Ratio is 2.82, which is comparable to the IBKR Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of MS and IBKR, 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

MS vs. IBKR - Drawdown Comparison

The maximum MS drawdown since its inception was -88.12%, which is greater than IBKR's maximum drawdown of -63.66%. Use the drawdown chart below to compare losses from any high point for MS and IBKR.

Drawdown Indicators

	MS	IBKR	Difference
Max Drawdown Largest peak-to-trough decline	-88.12%	-63.66%	-24.46%
Max Drawdown (1Y) Largest decline over 1 year	-18.83%	-18.70%	-0.13%
Max Drawdown (3Y) Largest decline over 3 years	-29.24%	-38.66%	+9.42%
Max Drawdown (5Y) Largest decline over 5 years	-32.38%	-38.66%	+6.28%
Max Drawdown (10Y) Largest decline over 10 years	-51.33%	-55.09%	+3.76%
Current Drawdown Current decline from peak	-0.80%	0.00%	-0.80%
Average Drawdown Average peak-to-trough decline	-33.67%	-24.83%	-8.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.70%	7.35%	-1.65%

Volatility

MS vs. IBKR - Volatility Comparison

The current volatility for Morgan Stanley (MS) is 8.45%, while Interactive Brokers Group, Inc. (IBKR) has a volatility of 10.14%. This indicates that MS experiences smaller price fluctuations and is considered to be less risky than IBKR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MS	IBKR	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.45%	10.14%	-1.69%
Volatility (6M) Calculated over the trailing 6-month period	21.58%	27.64%	-6.06%
Volatility (1Y) Calculated over the trailing 1-year period	25.85%	37.56%	-11.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.67%	34.50%	-5.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.51%	33.36%	-1.85%

Dividends

MS vs. IBKR - Dividend Comparison

MS's dividend yield for the trailing twelve months is around 1.79%, more than IBKR's 0.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IBKR Interactive Brokers Group, Inc.	0.34%	0.47%	0.48%	0.48%	0.55%	0.50%	0.66%	0.86%	0.73%	0.68%	1.10%	0.92%
MS Morgan Stanley	1.79%	2.17%	2.82%	3.49%	3.47%	2.14%	2.04%	2.54%	2.77%	1.72%	1.66%	1.73%

Financials

Frequently Asked Questions

Can I hold both MS and IBKR in my portfolio?

MS and IBKR 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, MS or IBKR?

IBKR has higher volatility (10.14%) compared to MS (8.45%). In terms of maximum drawdown, MS dropped -88.12% vs IBKR's -63.66%.

Which has better risk-adjusted returns?

MS currently has the higher Sharpe Ratio (2.82 vs 2.23), 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.