OMAB vs. V

Last updated Jun 9, 2026

OMAB (Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.) and V (Visa Inc.) are both stocks. OMAB operates in Airports & Air Services (Industrials), while V operates in Credit Services (Financial Services). Over the past 10 years, OMAB returned 12.38%/yr vs 15.64%/yr for V. At a 0.25 correlation, their price movements are largely independent.

Performance

OMAB vs. V - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) and Visa Inc. (V). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with OMAB having a -8.34% return and V slightly lower at -8.47%. Over the past 10 years, OMAB has underperformed V with an annualized return of 12.38%, while V has yielded a comparatively higher 15.64% annualized return.

OMAB

• 1D: -0.13%
• 1M: -7.47%
• YTD: -8.34%
• 6M: -1.54%
• 1Y: -2.16%
• 3Y*: 9.62%
• 5Y*: 21.13%
• 10Y*: 12.38%

V

• 1D: -1.21%
• 1M: 0.48%
• YTD: -8.47%
• 6M: -1.79%
• 1Y: -12.97%
• 3Y*: 13.52%
• 5Y*: 7.39%
• 10Y*: 15.64%

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

OMAB vs. V - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OMAB Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.	-8.34%	66.22%	-13.57%	43.53%	30.18%	7.98%	-13.78%	62.40%	-4.90%	20.53%
V Visa Inc.	-8.47%	11.76%	22.32%	26.31%	-3.40%	-0.31%	17.12%	43.33%	16.49%	47.18%

Correlation

The correlation between OMAB and V is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (10Y) Calculated over the trailing 10-year period	0.25
Correlation (All Time) Calculated using the full available price history since Mar 20, 2008	0.25

The correlation between OMAB and V shifts across timeframes, from 0.06 (1 year) to 0.25 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS OMAB : $109.59 V : $15.24
PE Ratio OMAB : 0.88 V : 20.98
PEG Ratio OMAB : 0.05 V : 1.29
PS Ratio OMAB : 0.29 V : 10.84
Total Revenue (TTM) OMAB : $16.21B V : $43.03B
Gross Profit (TTM) OMAB : $12.07B V : $16.94B
EBITDA (TTM) OMAB : $9.83B V : $27.63B

Return for Risk

OMAB vs. V — Risk / Return Rank

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

OMAB

OMAB Risk / Return Rank: 37
OMAB Sharpe Ratio Rank: 39
OMAB Sortino Ratio Rank: 34
OMAB Omega Ratio Rank: 34
OMAB Calmar Ratio Rank: 40
OMAB Martin Ratio Rank: 39

V

V Risk / Return Rank: 17
V Sharpe Ratio Rank: 16
V Sortino Ratio Rank: 16
V Omega Ratio Rank: 17
V Calmar Ratio Rank: 18
V Martin Ratio Rank: 16

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.

OMAB vs. V - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) and Visa Inc. (V). 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.

	OMAB	V	Difference
Sharpe ratio: Return per unit of total volatility	-0.07	-0.58	+0.51
Sortino ratio: Return per unit of downside risk	0.11	-0.72	+0.82
Omega ratio: Gain probability vs. loss probability	1.01	0.91	+0.10
Calmar ratio: Return relative to maximum drawdown	-0.08	-0.64	+0.56
Martin ratio: Return relative to average drawdown	-0.19	-1.18	+0.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OMAB vs. V - Sharpe Ratio Comparison

The current OMAB Sharpe Ratio is -0.07, which is higher than the V Sharpe Ratio of -0.58. The chart below compares the historical Sharpe Ratios of OMAB and V, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	OMAB	V	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.07	-0.58	+0.51
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.59	0.33	+0.27
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.32	0.64	-0.32
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.69	-0.32

Drawdowns

OMAB vs. V - Drawdown Comparison

The maximum OMAB drawdown since its inception was -77.75%, which is greater than V's maximum drawdown of -51.90%. Use the drawdown chart below to compare losses from any high point for OMAB and V.

Drawdown Indicators

	OMAB	V	Difference
Max Drawdown Largest peak-to-trough decline	-77.75%	-51.90%	-25.85%
Max Drawdown (1Y) Largest decline over 1 year	-26.14%	-20.38%	-5.76%
Max Drawdown (3Y) Largest decline over 3 years	-41.78%	-20.38%	-21.40%
Max Drawdown (5Y) Largest decline over 5 years	-41.78%	-28.60%	-13.18%
Max Drawdown (10Y) Largest decline over 10 years	-68.88%	-36.36%	-32.52%
Current Drawdown Current decline from peak	-26.14%	-13.69%	-12.45%
Average Drawdown Average peak-to-trough decline	-22.70%	-8.26%	-14.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.40%	11.03%	+0.37%

Volatility

OMAB vs. V - Volatility Comparison

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) has a higher volatility of 6.83% compared to Visa Inc. (V) at 5.74%. This indicates that OMAB's price experiences larger fluctuations and is considered to be riskier than V based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OMAB	V	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.83%	5.74%	+1.09%
Volatility (6M) Calculated over the trailing 6-month period	22.36%	17.50%	+4.86%
Volatility (1Y) Calculated over the trailing 1-year period	29.51%	22.32%	+7.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.75%	22.80%	+12.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.29%	24.47%	+13.82%

Dividends

OMAB vs. V - Dividend Comparison

OMAB's dividend yield for the trailing twelve months is around 5.61%, more than V's 0.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OMAB Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.	5.61%	4.52%	6.97%	4.80%	10.87%	3.55%	0.00%	2.45%	3.74%	0.40%	3.11%	3.89%
V Visa Inc.	0.81%	0.70%	0.68%	0.72%	0.76%	0.62%	0.56%	0.56%	0.67%	0.61%	0.75%	0.64%

Financials

OMAB vs. V - Profitability Comparison

The chart below illustrates the profitability comparison between Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. and Visa Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

OMAB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. reported a gross profit of 2.64B and revenue of 3.82B. Therefore, the gross margin over that period was 69.2%.

V - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Visa Inc. reported a gross profit of -8.90B and revenue of 11.23B. Therefore, the gross margin over that period was -79.3%.

OMAB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. reported an operating income of 2.08B and revenue of 3.82B, resulting in an operating margin of 54.5%.

V - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Visa Inc. reported an operating income of 7.23B and revenue of 11.23B, resulting in an operating margin of 64.4%.

OMAB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. reported a net income of 1.23B and revenue of 3.82B, resulting in a net margin of 32.3%.

V - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Visa Inc. reported a net income of 6.02B and revenue of 11.23B, resulting in a net margin of 53.6%.

Frequently Asked Questions

Can I hold both OMAB and V in my portfolio?

OMAB and V have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OMAB or V?

OMAB has higher volatility (6.83%) compared to V (5.74%). In terms of maximum drawdown, OMAB dropped -77.75% vs V's -51.90%.

Which has better risk-adjusted returns?

OMAB currently has the higher Sharpe Ratio (-0.07 vs -0.58), 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.