NRDBY vs. MS

Last updated Apr 1, 2026

Compare and contrast key facts about Nordea Bank Abp ADR (NRDBY) and Morgan Stanley (MS).

Performance

NRDBY vs. MS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nordea Bank Abp ADR (NRDBY) and Morgan Stanley (MS). The values are adjusted to include any dividend payments, if applicable.

NRDBY vs. MS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
NRDBY Nordea Bank Abp ADR	-2.50%	86.91%	-4.37%	24.47%	-4.71%	61.48%	18.83%	6.41%	-21.59%
MS Morgan Stanley	-6.79%	45.16%	39.73%	13.93%	-10.34%	46.65%	38.09%	32.67%	-14.38%

Fundamentals

Market Cap NRDBY : $59.34B MS : $262.16B
EPS NRDBY : $1.40 MS : $10.58
PE Ratio NRDBY : 12.36 MS : 15.55
PEG Ratio NRDBY : 1.12 MS : 1.46
PS Ratio NRDBY : 2.95 MS : 2.26
PB Ratio NRDBY : 1.83 MS : 2.57
Total Revenue (TTM) NRDBY : $20.23B MS : $116.11B
Gross Profit (TTM) NRDBY : $8.84B MS : $66.75B
EBITDA (TTM) NRDBY : $5.01B MS : $26.56B

Returns By Period

In the year-to-date period, NRDBY achieves a -2.50% return, which is significantly higher than MS's -6.79% return.

NRDBY

• 1D: 4.19%
• 1M: -4.91%
• YTD: -2.50%
• 6M: 11.86%
• 1Y: 43.64%
• 3Y*: 26.49%
• 5Y*: 22.06%
• 10Y*: —

MS

• 1D: 3.91%
• 1M: -1.17%
• YTD: -6.79%
• 6M: 4.73%
• 1Y: 44.84%
• 3Y*: 27.43%
• 5Y*: 19.81%
• 10Y*: 23.94%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

NRDBY vs. MS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NRDBY

NRDBY Risk / Return Rank: 86
NRDBY Sharpe Ratio Rank: 88
NRDBY Sortino Ratio Rank: 84
NRDBY Omega Ratio Rank: 84
NRDBY Calmar Ratio Rank: 83
NRDBY Martin Ratio Rank: 87

MS

MS Risk / Return Rank: 83
MS Sharpe Ratio Rank: 84
MS Sortino Ratio Rank: 79
MS Omega Ratio Rank: 82
MS Calmar Ratio Rank: 82
MS Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.

	NRDBY	MS	Difference
Sharpe ratio Return per unit of total volatility	1.77	1.48	+0.29
Sortino ratio Return per unit of downside risk	2.35	1.97	+0.38
Omega ratio Gain probability vs. loss probability	1.32	1.29	+0.03
Calmar ratio Return relative to maximum drawdown	2.65	2.47	+0.18
Martin ratio Return relative to average drawdown	9.09	7.75	+1.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NRDBY vs. MS - Sharpe Ratio Comparison

The current NRDBY Sharpe Ratio is 1.77, which is comparable to the MS Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of NRDBY and MS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NRDBY	MS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.77	1.48	+0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.86	0.70	+0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.76	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.27	+0.32

Correlation

The correlation between NRDBY and MS is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

NRDBY vs. MS - Dividend Comparison

NRDBY's dividend yield for the trailing twelve months is around 6.64%, more than MS's 2.39% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NRDBY Nordea Bank Abp ADR	6.64%	5.17%	9.06%	7.05%	7.23%	7.50%	10.93%	9.61%	0.00%	0.00%	0.00%	0.00%
MS Morgan Stanley	2.39%	2.17%	2.82%	3.49%	3.47%	2.14%	2.04%	2.54%	2.77%	1.72%	1.66%	1.73%

Drawdowns

NRDBY vs. MS - Drawdown Comparison

The maximum NRDBY drawdown since its inception was -50.06%, 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.

Drawdown Indicators

	NRDBY	MS	Difference
Max Drawdown Largest peak-to-trough decline	-50.06%	-88.12%	+38.06%
Max Drawdown (1Y) Largest decline over 1 year	-15.24%	-18.83%	+3.59%
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 Drawdown Current decline from peak	-10.44%	-13.47%	+3.03%
Average Drawdown Average peak-to-trough decline	-10.79%	-33.88%	+23.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.44%	6.00%	-1.56%

Volatility

NRDBY vs. MS - Volatility Comparison

Nordea Bank Abp ADR (NRDBY) has a higher volatility of 10.43% compared to Morgan Stanley (MS) at 8.31%. This indicates that NRDBY's price experiences larger fluctuations and is considered to be riskier than MS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NRDBY	MS	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.43%	8.31%	+2.12%
Volatility (6M) Calculated over the trailing 6-month period	16.38%	20.70%	-4.32%
Volatility (1Y) Calculated over the trailing 1-year period	24.95%	30.56%	-5.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.91%	28.58%	-2.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.44%	31.51%	-2.07%

Financials

NRDBY vs. MS - Profitability Comparison

The chart below illustrates the profitability comparison between Nordea Bank Abp ADR and Morgan Stanley over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NRDBY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Nordea Bank Abp ADR reported a gross profit of 2.94B and revenue of 5.22B. Therefore, the gross margin over that period was 56.4%.

MS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Morgan Stanley reported a gross profit of 17.87B and revenue of 29.99B. Therefore, the gross margin over that period was 59.6%.

NRDBY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Nordea Bank Abp ADR reported an operating income of 1.50B and revenue of 5.22B, resulting in an operating margin of 28.8%.

MS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Morgan Stanley reported an operating income of 5.76B and revenue of 29.99B, resulting in an operating margin of 19.2%.

NRDBY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Nordea Bank Abp ADR reported a net income of 1.16B and revenue of 5.22B, resulting in a net margin of 22.2%.

MS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Morgan Stanley reported a net income of 4.40B and revenue of 29.99B, resulting in a net margin of 14.7%.