NDA-DK.CO vs. SVNLY
NDA-DK.CO (Nordea Bank Abp) and SVNLY (Svenska Handelsbanken PK) are both stocks. Both are in the Financial Services sector — NDA-DK.CO in Banks - Regional, SVNLY in Banks - Diversified. Over the past 10 years, NDA-DK.CO returned 15.08%/yr vs 10.83%/yr for SVNLY. A 0.55 correlation means they provide meaningful diversification when combined.
Performance
NDA-DK.CO vs. SVNLY - Performance Comparison
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Different Trading Currencies
NDA-DK.CO is traded in DKK, while SVNLY is traded in USD. To make them comparable, the SVNLY 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 lower than SVNLY's 17.06% return. Over the past 10 years, NDA-DK.CO has outperformed SVNLY with an annualized return of 15.08%, while SVNLY has yielded a comparatively lower 10.83% 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%
SVNLY
- 1D
- -0.36%
- 1M
- -2.48%
- 6M
- 9.81%
- YTD
- 17.06%
- 1Y
- 41.54%
- 3Y*
- 32.95%
- 5Y*
- 18.48%
- 10Y*
- 10.83%
- ALL TIME*
- 12.04%
NDA-DK.CO vs. SVNLY - 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% |
SVNLY Svenska Handelsbanken PK | 17.06% | 40.45% | 13.15% | 14.81% | 4.14% | 26.37% | -8.22% | 3.30% | -7.68% | -6.56% |
Correlation
The correlation between NDA-DK.CO and SVNLY is 0.63, 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 | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Dec 22, 2009 | 0.55 |
The correlation between NDA-DK.CO and SVNLY has been stable across timeframes, ranging from 0.55 to 0.63 - a consistent structural relationship.
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Return for Risk
NDA-DK.CO vs. SVNLY — Risk / Return Rank
NDA-DK.CO
SVNLY
NDA-DK.CO vs. SVNLY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nordea Bank Abp (NDA-DK.CO) and Svenska Handelsbanken PK (SVNLY). 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 | SVNLY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.35 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 4.84 | 3.88 | +0.96 |
| Martin ratioReturn relative to average drawdown | 16.73 | 14.47 | +2.26 |
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Drawdowns
NDA-DK.CO vs. SVNLY - Drawdown Comparison
The maximum NDA-DK.CO drawdown since its inception was -71.31%, which is greater than SVNLY's maximum drawdown of -42.42%. Use the drawdown chart below to compare losses from any high point for NDA-DK.CO and SVNLY.
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Drawdown Indicators
| NDA-DK.CO | SVNLY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.31% | -42.42% | -28.89% |
Max Drawdown (1Y)Largest decline over 1 year | -10.45% | -10.76% | +0.31% |
Max Drawdown (3Y)Largest decline over 3 years | -17.74% | -18.70% | +0.96% |
Max Drawdown (5Y)Largest decline over 5 years | -26.33% | -39.46% | +13.13% |
Max Drawdown (10Y)Largest decline over 10 years | -54.48% | -42.42% | -12.06% |
Current DrawdownCurrent decline from peak | -0.35% | -4.72% | +4.37% |
Average DrawdownAverage peak-to-trough decline | -13.84% | -12.48% | -1.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.03% | 2.88% | +0.15% |
Volatility
NDA-DK.CO vs. SVNLY - Volatility Comparison
Nordea Bank Abp (NDA-DK.CO) and Svenska Handelsbanken PK (SVNLY) have volatilities of 5.23% and 5.17%, 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
| NDA-DK.CO | SVNLY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.23% | 5.17% | +0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 15.27% | 16.18% | -0.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.55% | 19.89% | -0.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.85% | 27.40% | -4.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.30% | 27.39% | -3.09% |
Dividends
NDA-DK.CO vs. SVNLY - Dividend Comparison
NDA-DK.CO's dividend yield for the trailing twelve months is around 5.64%, less than SVNLY's 13.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SVNLY Svenska Handelsbanken PK | 13.58% | 9.84% | 12.32% | 6.98% | 5.37% | 9.25% | 5.72% | 5.59% | 8.32% | 8.08% | 10.32% | 5.11% |
Financials
NDA-DK.CO vs. SVNLY - Financials Comparison
This section allows you to compare key financial metrics between Nordea Bank Abp and Svenska Handelsbanken PK. 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 SVNLY have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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