NMR vs. DB
NMR (Nomura Holdings, Inc.) and DB (Deutsche Bank Aktiengesellschaft) are both stocks. Both are in the Financial Services sector — NMR in Capital Markets, DB in Banks - Regional. Over the past 10 years, NMR returned 10.27%/yr vs 10.35%/yr for DB. At a 0.37 correlation, their price movements are largely independent.
Performance
NMR vs. DB - Performance Comparison
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Returns By Period
In the year-to-date period, NMR achieves a 2.26% return, which is significantly higher than DB's -15.73% return. Both investments have delivered pretty close results over the past 10 years, with NMR having a 10.27% annualized return and DB not far ahead at 10.35%.
NMR
- 1D
- 2.02%
- 1M
- 7.92%
- YTD
- 2.26%
- 6M
- 10.00%
- 1Y
- 40.79%
- 3Y*
- 37.17%
- 5Y*
- 13.07%
- 10Y*
- 10.27%
DB
- 1D
- -0.51%
- 1M
- 1.32%
- YTD
- -15.73%
- 6M
- -11.29%
- 1Y
- 15.51%
- 3Y*
- 47.97%
- 5Y*
- 19.93%
- 10Y*
- 10.35%
NMR vs. DB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NMR Nomura Holdings, Inc. | 2.26% | 54.10% | 34.05% | 21.84% | -10.28% | -18.76% | 4.39% | 38.71% | -36.08% | 0.16% |
DB Deutsche Bank Aktiengesellschaft | -15.73% | 132.42% | 29.52% | 21.34% | -5.86% | 14.68% | 40.10% | -2.89% | -56.72% | 18.96% |
Correlation
The correlation between NMR and DB is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 1996 | 0.37 |
Fundamentals
NMR:
$118.76
DB:
$4.47
NMR:
0.07
DB:
7.02
NMR:
0.00
DB:
0.12
NMR:
0.01
DB:
0.94
NMR:
$4.76T
DB:
$53.12B
NMR:
$2.17T
DB:
$30.48B
NMR:
$608.09B
DB:
$9.93B
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Return for Risk
NMR vs. DB — Risk / Return Rank
NMR
DB
NMR vs. DB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nomura Holdings, Inc. (NMR) and Deutsche Bank Aktiengesellschaft (DB). 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.
| NMR | DB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.91 | ||
| Sortino ratioReturn per unit of downside risk | +1.05 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.11 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | 0.53 | +1.30 |
| Martin ratioReturn relative to average drawdown | 4.67 | 1.25 | +3.42 |
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
| NMR | DB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.39 | 0.47 | +0.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.54 | -0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | 0.26 | +0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.00 | 0.03 | -0.03 |
Drawdowns
NMR vs. DB - Drawdown Comparison
The maximum NMR drawdown since its inception was -89.27%, smaller than the maximum DB drawdown of -94.73%. Use the drawdown chart below to compare losses from any high point for NMR and DB.
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Drawdown Indicators
| NMR | DB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.27% | -94.73% | +5.46% |
Max Drawdown (1Y)Largest decline over 1 year | -22.43% | -29.66% | +7.23% |
Max Drawdown (3Y)Largest decline over 3 years | -26.34% | -29.66% | +3.32% |
Max Drawdown (5Y)Largest decline over 5 years | -42.87% | -54.19% | +11.32% |
Max Drawdown (10Y)Largest decline over 10 years | -55.34% | -71.97% | +16.63% |
Current DrawdownCurrent decline from peak | -57.85% | -65.16% | +7.31% |
Average DrawdownAverage peak-to-trough decline | -61.51% | -53.67% | -7.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.77% | 12.43% | -3.66% |
Volatility
NMR vs. DB - Volatility Comparison
The current volatility for Nomura Holdings, Inc. (NMR) is 6.72%, while Deutsche Bank Aktiengesellschaft (DB) has a volatility of 9.71%. This indicates that NMR experiences smaller price fluctuations and is considered to be less risky than DB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NMR | DB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.72% | 9.71% | -2.99% |
Volatility (6M)Calculated over the trailing 6-month period | 22.62% | 25.20% | -2.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.56% | 32.88% | -3.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.68% | 37.43% | -7.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.71% | 40.26% | -9.55% |
Dividends
NMR vs. DB - Dividend Comparison
NMR's dividend yield for the trailing twelve months is around 2.03%, less than DB's 3.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DB Deutsche Bank Aktiengesellschaft | 3.72% | 1.99% | 2.87% | 2.40% | 1.84% | 0.00% | 0.00% | 1.58% | 1.58% | 1.00% | 0.00% | 3.11% |
NMR Nomura Holdings, Inc. | 2.03% | 4.91% | 4.29% | 1.20% | 3.86% | 0.00% | 0.86% | 0.00% | 0.00% | 1.70% | 1.79% | 3.34% |
Financials
NMR vs. DB - Financials Comparison
This section allows you to compare key financial metrics between Nomura Holdings, Inc. and Deutsche Bank Aktiengesellschaft. 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
NMR vs. DB - Profitability Comparison
NMR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nomura Holdings, Inc. reported a gross profit of 723.15B and revenue of 1.36T. Therefore, the gross margin over that period was 53.2%.
DB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Deutsche Bank Aktiengesellschaft reported a gross profit of 8.15B and revenue of 15.29B. Therefore, the gross margin over that period was 53.3%.
NMR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nomura Holdings, Inc. reported an operating income of 107.67B and revenue of 1.36T, resulting in an operating margin of 7.9%.
DB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Deutsche Bank Aktiengesellschaft reported an operating income of 3.04B and revenue of 15.29B, resulting in an operating margin of 19.9%.
NMR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nomura Holdings, Inc. reported a net income of 73.93B and revenue of 1.36T, resulting in a net margin of 5.4%.
DB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Deutsche Bank Aktiengesellschaft reported a net income of 2.12B and revenue of 15.29B, resulting in a net margin of 13.9%.
Frequently Asked Questions
NMR and DB have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DB has higher volatility (9.71%) compared to NMR (6.72%). In terms of maximum drawdown, NMR dropped -89.27% vs DB's -94.73%.
NMR currently has the higher Sharpe Ratio (1.39 vs 0.47), 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.
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