NDA-FI.HE vs. HSBC
NDA-FI.HE (Nordea Bank Abp) and HSBC (HSBC Holdings plc) are both stocks. Both are in the Financial Services sector — NDA-FI.HE in Banks - Regional, HSBC in Banks - Diversified. Over the past 10 years, NDA-FI.HE returned 14.16%/yr vs 17.09%/yr for HSBC. At a 0.46 correlation, their price movements are largely independent.
Performance
NDA-FI.HE vs. HSBC - Performance Comparison
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Different Trading Currencies
NDA-FI.HE is traded in EUR, while HSBC is traded in USD. To make them comparable, the HSBC values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, NDA-FI.HE achieves a 7.47% return, which is significantly lower than HSBC's 21.67% return. Over the past 10 years, NDA-FI.HE has underperformed HSBC with an annualized return of 14.16%, while HSBC has yielded a comparatively higher 17.09% annualized return.
NDA-FI.HE
- 1D
- 0.50%
- 1M
- 1.79%
- YTD
- 7.47%
- 6M
- 12.18%
- 1Y
- 35.90%
- 3Y*
- 28.86%
- 5Y*
- 22.51%
- 10Y*
- 14.16%
HSBC
- 1D
- -1.18%
- 1M
- 1.87%
- YTD
- 21.67%
- 6M
- 33.60%
- 1Y
- 58.76%
- 3Y*
- 39.65%
- 5Y*
- 32.90%
- 10Y*
- 17.09%
NDA-FI.HE vs. HSBC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NDA-FI.HE Nordea Bank Abp | 7.47% | 65.26% | 1.85% | 21.29% | -0.12% | 74.49% | -7.85% | 9.49% | -22.56% | 1.07% |
HSBC HSBC Holdings plc | 21.67% | 47.98% | 43.36% | 35.27% | 14.47% | 29.80% | -37.34% | 3.73% | -12.11% | 19.32% |
Correlation
The correlation between NDA-FI.HE and HSBC is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Aug 29, 2007 | 0.46 |
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Return for Risk
NDA-FI.HE vs. HSBC — Risk / Return Rank
NDA-FI.HE
HSBC
NDA-FI.HE vs. HSBC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nordea Bank Abp (NDA-FI.HE) and HSBC Holdings plc (HSBC). 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.
| NDA-FI.HE | HSBC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.67 | ||
| Sortino ratioReturn per unit of downside risk | -0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.42 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 3.12 | 4.04 | -0.92 |
| Martin ratioReturn relative to average drawdown | 11.00 | 14.86 | -3.86 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NDA-FI.HE | HSBC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.77 | 2.44 | -0.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.97 | 1.35 | -0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.69 | -0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.24 | +0.10 |
Drawdowns
NDA-FI.HE vs. HSBC - Drawdown Comparison
The maximum NDA-FI.HE drawdown since its inception was -71.54%, roughly equal to the maximum HSBC drawdown of -71.65%. Use the drawdown chart below to compare losses from any high point for NDA-FI.HE and HSBC.
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Drawdown Indicators
| NDA-FI.HE | HSBC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.54% | -71.65% | +0.11% |
Max Drawdown (1Y)Largest decline over 1 year | -11.49% | -14.63% | +3.14% |
Max Drawdown (3Y)Largest decline over 3 years | -17.46% | -23.91% | +6.45% |
Max Drawdown (5Y)Largest decline over 5 years | -26.08% | -23.91% | -2.17% |
Max Drawdown (10Y)Largest decline over 10 years | -55.04% | -60.47% | +5.43% |
Current DrawdownCurrent decline from peak | -3.49% | -3.72% | +0.23% |
Average DrawdownAverage peak-to-trough decline | -16.96% | -22.98% | +6.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.26% | 3.97% | -0.71% |
Volatility
NDA-FI.HE vs. HSBC - Volatility Comparison
The current volatility for Nordea Bank Abp (NDA-FI.HE) is 5.04%, while HSBC Holdings plc (HSBC) has a volatility of 7.10%. This indicates that NDA-FI.HE experiences smaller price fluctuations and is considered to be less risky than HSBC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NDA-FI.HE | HSBC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.04% | 7.10% | -2.06% |
Volatility (6M)Calculated over the trailing 6-month period | 15.26% | 19.65% | -4.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.27% | 24.23% | -3.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.18% | 24.53% | -1.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.18% | 24.97% | +0.21% |
Dividends
NDA-FI.HE vs. HSBC - Dividend Comparison
NDA-FI.HE's dividend yield for the trailing twelve months is around 5.93%, more than HSBC's 4.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSBC HSBC Holdings plc | 4.13% | 4.19% | 8.29% | 6.54% | 4.33% | 3.65% | 4.05% | 6.52% | 6.20% | 4.94% | 6.35% | 6.33% |
NDA-FI.HE Nordea Bank Abp | 5.93% | 5.84% | 8.76% | 7.13% | 6.88% | 7.32% | 0.00% | 9.53% | 9.35% | 6.44% | 6.04% | 6.11% |
Financials
NDA-FI.HE vs. HSBC - Financials Comparison
This section allows you to compare key financial metrics between Nordea Bank Abp and HSBC Holdings plc. 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-FI.HE and HSBC have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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