NRDBY vs. MS
NRDBY (Nordea Bank Abp ADR) and MS (Morgan Stanley) are both stocks. Both are in the Financial Services sector — NRDBY in Banks - Regional, MS in Capital Markets. Over the past 5 years, NRDBY returned 21.00%/yr vs 24.98%/yr for MS. At a 0.48 correlation, their price movements are largely independent.
Performance
NRDBY vs. MS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NRDBY achieves a 5.77% return, which is significantly lower than MS's 28.71% return.
NRDBY
- 1D
- -2.50%
- 1M
- -1.52%
- YTD
- 5.77%
- 6M
- 5.88%
- 1Y
- 41.60%
- 3Y*
- 31.12%
- 5Y*
- 21.00%
- 10Y*
- —
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%
NRDBY vs. MS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
NRDBY Nordea Bank Abp ADR | 5.77% | 86.91% | -4.37% | 24.47% | -4.71% | 61.48% | 18.83% | 6.41% | -23.03% |
MS Morgan Stanley | 28.71% | 45.16% | 39.73% | 13.93% | -10.34% | 46.65% | 38.09% | 32.67% | -14.38% |
Correlation
The correlation between NRDBY and MS is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Oct 2, 2018 | 0.48 |
Fundamentals
NRDBY:
$64.45B
MS:
$360.07B
NRDBY:
€1.36
MS:
$11.41
NRDBY:
12.10
MS:
19.80
NRDBY:
1.10
MS:
1.86
NRDBY:
2.53
MS:
3.00
NRDBY:
1.88
MS:
3.44
NRDBY:
€22.47B
MS:
$120.22B
NRDBY:
€8.78B
MS:
$69.72B
NRDBY:
€6.44B
MS:
$27.21B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NRDBY vs. MS — Risk / Return Rank
NRDBY
MS
NRDBY vs. MS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nordea Bank Abp ADR (NRDBY) and Morgan Stanley (MS). 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.
| NRDBY | MS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.94 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.46 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.74 | 3.88 | -1.14 |
| Martin ratioReturn relative to average drawdown | 9.14 | 12.81 | -3.68 |
Loading charts...
Drawdowns
NRDBY vs. MS - Drawdown Comparison
The maximum NRDBY drawdown since its inception was -50.98%, smaller than the maximum MS drawdown of -88.12%. Use the drawdown chart below to compare losses from any high point for NRDBY and MS.
Loading charts...
Drawdown Indicators
| NRDBY | MS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.98% | -88.12% | +37.14% |
Max Drawdown (1Y)Largest decline over 1 year | -15.24% | -18.83% | +3.59% |
Max Drawdown (3Y)Largest decline over 3 years | -18.25% | -29.24% | +10.99% |
Max Drawdown (5Y)Largest decline over 5 years | -30.66% | -32.38% | +1.72% |
Max Drawdown (10Y)Largest decline over 10 years | — | -51.33% | — |
Current DrawdownCurrent decline from peak | -3.15% | -0.47% | -2.68% |
Average DrawdownAverage peak-to-trough decline | -10.97% | -33.66% | +22.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.57% | 5.70% | -1.13% |
Volatility
NRDBY vs. MS - Volatility Comparison
The current volatility for Nordea Bank Abp ADR (NRDBY) is 6.72%, while Morgan Stanley (MS) has a volatility of 7.76%. This indicates that NRDBY experiences smaller price fluctuations and is considered to be less risky than MS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NRDBY | MS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.72% | 7.76% | -1.04% |
Volatility (6M)Calculated over the trailing 6-month period | 18.69% | 21.58% | -2.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.20% | 25.85% | -2.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.10% | 28.67% | -2.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.34% | 31.34% | -2.00% |
Dividends
NRDBY vs. MS - Dividend Comparison
NRDBY's dividend yield for the trailing twelve months is around 6.12%, more than MS's 1.77% yield.
| 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% |
NRDBY Nordea Bank Abp ADR | 6.12% | 5.17% | 9.06% | 7.05% | 7.23% | 7.50% | 10.93% | 9.61% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
NRDBY vs. MS - Financials Comparison
This section allows you to compare key financial metrics between Nordea Bank Abp ADR and Morgan Stanley. 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
NRDBY vs. MS - Profitability Comparison
NRDBY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nordea Bank Abp ADR reported a gross profit of 2.92B and revenue of 5.22B. Therefore, the gross margin over that period was 56.0%.
MS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Morgan Stanley reported a gross profit of 20.48B and revenue of 33.15B. Therefore, the gross margin over that period was 61.8%.
NRDBY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nordea Bank Abp ADR reported an operating income of 1.44B and revenue of 5.22B, resulting in an operating margin of 27.7%.
MS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Morgan Stanley reported an operating income of 7.01B and revenue of 33.15B, resulting in an operating margin of 21.2%.
NRDBY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nordea Bank Abp ADR reported a net income of 1.10B and revenue of 5.22B, resulting in a net margin of 21.1%.
MS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Morgan Stanley reported a net income of 5.64B and revenue of 33.15B, resulting in a net margin of 17.0%.
Frequently Asked Questions
NRDBY and MS have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MS has higher volatility (7.76%) compared to NRDBY (6.72%). In terms of maximum drawdown, NRDBY dropped -50.98% vs MS's -88.12%.
MS currently has the higher Sharpe Ratio (2.83 vs 1.80), 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.
Find the right allocation for NRDBY and MS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer