NDA-DK.CO vs. CBK.DE
NDA-DK.CO (Nordea Bank Abp) and CBK.DE (Commerzbank AG) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, NDA-DK.CO returned 15.08%/yr vs 21.84%/yr for CBK.DE. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
NDA-DK.CO vs. CBK.DE - Performance Comparison
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Different Trading Currencies
NDA-DK.CO is traded in DKK, while CBK.DE is traded in EUR. To make them comparable, the CBK.DE values have been converted to DKK using the latest available exchange rates.
Returns By Period
In the year-to-date period, NDA-DK.CO achieves a 12.68% return, which is significantly higher than CBK.DE's 5.46% return. Over the past 10 years, NDA-DK.CO has underperformed CBK.DE with an annualized return of 15.08%, while CBK.DE has yielded a comparatively higher 21.84% annualized return.
NDA-DK.CO
- 1D
- 0.32%
- 1M
- 3.50%
- 6M
- 10.39%
- YTD
- 12.68%
- 1Y
- 49.33%
- 3Y*
- 27.45%
- 5Y*
- 22.61%
- 10Y*
- 15.08%
- ALL TIME*
- 16.09%
CBK.DE
- 1D
- 0.14%
- 1M
- -3.81%
- 6M
- 10.17%
- YTD
- 5.46%
- 1Y
- 35.05%
- 3Y*
- 53.07%
- 5Y*
- 49.29%
- 10Y*
- 21.84%
- ALL TIME*
- -5.90%
NDA-DK.CO vs. CBK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NDA-DK.CO Nordea Bank Abp | 12.68% | 66.46% | 1.37% | 21.15% | 0.50% | 75.75% | -9.01% | 10.05% | -22.33% | -3.88% |
CBK.DE Commerzbank AG | 5.46% | 135.79% | 49.50% | 24.41% | 32.07% | 26.91% | -4.97% | -1.66% | -53.70% | 72.92% |
Correlation
The correlation between NDA-DK.CO and CBK.DE is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Oct 23, 2007 | 0.53 |
The correlation between NDA-DK.CO and CBK.DE shifts across timeframes, from 0.42 (3 years) to 0.53 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NDA-DK.CO vs. CBK.DE — Risk / Return Rank
NDA-DK.CO
CBK.DE
NDA-DK.CO vs. CBK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nordea Bank Abp (NDA-DK.CO) and Commerzbank AG (CBK.DE). 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.
| NDA-DK.CO | CBK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.65 | ||
| Sortino ratioReturn per unit of downside risk | +1.98 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.18 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 4.84 | 1.60 | +3.24 |
| Martin ratioReturn relative to average drawdown | 16.73 | 3.21 | +13.52 |
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Drawdowns
NDA-DK.CO vs. CBK.DE - Drawdown Comparison
The maximum NDA-DK.CO drawdown since its inception was -71.31%, smaller than the maximum CBK.DE drawdown of -97.74%. Use the drawdown chart below to compare losses from any high point for NDA-DK.CO and CBK.DE.
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Drawdown Indicators
| NDA-DK.CO | CBK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.31% | -97.74% | +26.43% |
Max Drawdown (1Y)Largest decline over 1 year | -10.45% | -21.83% | +11.38% |
Max Drawdown (3Y)Largest decline over 3 years | -17.74% | -21.85% | +4.11% |
Max Drawdown (5Y)Largest decline over 5 years | -26.33% | -38.71% | +12.38% |
Max Drawdown (10Y)Largest decline over 10 years | -54.48% | -78.36% | +23.88% |
Current DrawdownCurrent decline from peak | -0.35% | -68.04% | +67.69% |
Average DrawdownAverage peak-to-trough decline | -13.84% | -86.34% | +72.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.03% | 10.90% | -7.87% |
Volatility
NDA-DK.CO vs. CBK.DE - Volatility Comparison
The current volatility for Nordea Bank Abp (NDA-DK.CO) is 5.23%, while Commerzbank AG (CBK.DE) has a volatility of 6.54%. This indicates that NDA-DK.CO experiences smaller price fluctuations and is considered to be less risky than CBK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NDA-DK.CO | CBK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.23% | 6.54% | -1.31% |
Volatility (6M)Calculated over the trailing 6-month period | 15.27% | 27.42% | -12.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.55% | 37.06% | -17.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.85% | 39.96% | -17.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.30% | 41.30% | -17.00% |
Dividends
NDA-DK.CO vs. CBK.DE - Dividend Comparison
NDA-DK.CO's dividend yield for the trailing twelve months is around 5.64%, more than CBK.DE's 2.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBK.DE Commerzbank AG | 2.98% | 1.80% | 1.93% | 1.61% | 0.00% | 0.00% | 0.00% | 3.62% | 0.00% | 0.00% | 0.00% | 0.00% |
NDA-DK.CO Nordea Bank Abp | 5.64% | 5.83% | 8.80% | 7.11% | 6.87% | 7.34% | 0.00% | 9.49% | 9.35% | 0.59% | 6.07% | 6.10% |
Financials
NDA-DK.CO vs. CBK.DE - Financials Comparison
This section allows you to compare key financial metrics between Nordea Bank Abp and Commerzbank AG. 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
NDA-DK.CO and CBK.DE have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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