MS vs. WBA
MS (Morgan Stanley) and WBA (Walgreens Boots Alliance, Inc.) are both stocks. MS operates in Capital Markets (Financial Services), while WBA operates in Pharmaceutical Retailers (Healthcare). At a 0.32 correlation, their price movements are largely independent.
Performance
MS vs. WBA - Performance Comparison
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Returns By Period
MS
- 1D
- -0.47%
- 1M
- 12.44%
- YTD
- 28.71%
- 6M
- 27.30%
- 1Y
- 72.75%
- 3Y*
- 43.83%
- 5Y*
- 24.98%
- 10Y*
- 28.45%
WBA
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MS vs. WBA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MS Morgan Stanley | 28.71% | 45.16% | 39.73% | 13.93% | -10.34% | 46.65% | 38.09% | 32.67% | -22.76% | 26.61% |
WBA Walgreens Boots Alliance, Inc. | 0.00% | 28.40% | -61.34% | -25.09% | -25.06% | 35.78% | -29.38% | -10.99% | -3.65% | -10.51% |
Correlation
The correlation between MS and WBA is -0.04, 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 | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 1993 | 0.32 |
The correlation between MS and WBA shifts across timeframes, from -0.04 (1 year) to 0.36 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
MS:
$120.22B
WBA:
$154.58B
MS:
$69.72B
WBA:
$26.47B
MS:
$27.21B
WBA:
-$2.92B
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Return for Risk
MS vs. WBA — Risk / Return Rank
MS
WBA
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MS vs. WBA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley (MS) and Walgreens Boots Alliance, Inc. (WBA). 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 | WBA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.46 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.88 | — | — |
| Martin ratioReturn relative to average drawdown | 12.81 | — | — |
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Drawdowns
MS vs. WBA - Drawdown Comparison
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Drawdown Indicators
| MS | WBA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.12% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -18.83% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -29.24% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -32.38% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -51.33% | — | — |
Current DrawdownCurrent decline from peak | -0.47% | — | — |
Average DrawdownAverage peak-to-trough decline | -33.66% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.70% | — | — |
Volatility
MS vs. WBA - Volatility Comparison
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Volatility by Period
| MS | WBA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.76% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 21.58% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 25.85% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.67% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.34% | — | — |
Dividends
MS vs. WBA - Dividend Comparison
MS's dividend yield for the trailing twelve months is around 1.77%, while WBA has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MS Morgan Stanley | 1.77% | 2.17% | 2.82% | 3.49% | 3.47% | 2.14% | 2.04% | 2.54% | 2.77% | 1.72% | 1.66% | 1.73% |
WBA Walgreens Boots Alliance, Inc. | 0.00% | 0.00% | 10.72% | 7.35% | 5.13% | 3.62% | 4.64% | 3.04% | 2.46% | 2.13% | 1.78% | 1.64% |
Financials
MS vs. WBA - Financials Comparison
This section allows you to compare key financial metrics between Morgan Stanley and Walgreens Boots Alliance, 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
Frequently Asked Questions
MS and WBA have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for MS and WBA
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