OPY vs. AB
OPY (Oppenheimer Holdings Inc.) and AB (AllianceBernstein Holding L.P.) are both stocks. Both are in the Financial Services sector — OPY in Capital Markets, AB in Asset Management. Over the past 10 years, OPY returned 23.93%/yr vs 14.60%/yr for AB. Their 0.28 correlation means their historical movements had little consistent relationship.
Performance
OPY vs. AB - Performance Comparison
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Returns By Period
In the year-to-date period, OPY achieves a 48.13% return, which is significantly higher than AB's -0.09% return. Over the past 10 years, OPY has outperformed AB with an annualized return of 23.93%, while AB has yielded a comparatively lower 14.60% annualized return.
OPY
- 1D
- -3.67%
- 1M
- -2.58%
- 6M
- 27.44%
- YTD
- 48.13%
- 1Y
- 48.85%
- 3Y*
- 43.06%
- 5Y*
- 21.32%
- 10Y*
- 23.93%
- ALL TIME*
- 10.61%
AB
- 1D
- 0.11%
- 1M
- 1.24%
- 6M
- -9.62%
- YTD
- -0.09%
- 1Y
- -1.44%
- 3Y*
- 13.04%
- 5Y*
- 2.94%
- 10Y*
- 14.60%
- ALL TIME*
- 15.66%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $9.20M | $8.80M | $11.34M | |
| $14.60M | $14.37M | $11.42M |
OPY vs. AB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OPY Oppenheimer Holdings Inc. | 48.13% | 15.55% | 57.30% | -0.89% | -7.21% | 52.69% | 20.41% | 9.39% | -3.24% | 47.70% |
AB AllianceBernstein Holding L.P. | -0.09% | 13.36% | 30.40% | -2.29% | -23.46% | 56.27% | 23.00% | 19.85% | 21.04% | 16.76% |
Correlation
The correlation between OPY and AB is 0.28, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.28 |
Correlation (3Y) Balances recent behavior with more history. | 0.30 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.36 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.37 |
Correlation (All Time) Calculated using the full available price history since Aug 16, 1993 | 0.28 |
Fundamentals
OPY:
$1.13B
AB:
$3.43B
OPY:
$9.14
AB:
$3.39
OPY:
11.66
AB:
10.86
OPY:
0.67
AB:
9.88
OPY:
1.25
AB:
2.75
OPY:
$1.80B
AB:
$343.43M
OPY:
$1.01B
AB:
$343.43M
OPY:
$200.30M
AB:
$343.43M
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Return for Risk
OPY vs. AB — Risk / Return Rank
OPY
AB
OPY vs. AB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Oppenheimer Holdings Inc. (OPY) and AllianceBernstein Holding L.P. (AB). 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.
| OPY | AB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.24 | ||
| Sortino ratioReturn per unit of downside risk | +1.73 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.00 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 2.08 | -0.13 | +2.20 |
| Martin ratioReturn relative to average drawdown | 4.48 | -0.25 | +4.74 |
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Drawdowns
OPY vs. AB - Drawdown Comparison
The maximum OPY drawdown since its inception was -87.51%, roughly equal to the maximum AB drawdown of -87.65%. Use the drawdown chart below to compare losses from any high point for OPY and AB.
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Drawdown Indicators
| OPY | AB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.51% | -87.65% | +0.14% |
Max Drawdown (1Y)Largest decline over 1 year | -21.22% | -14.68% | -6.54% |
Max Drawdown (3Y)Largest decline over 3 years | -29.42% | -19.00% | -10.42% |
Max Drawdown (5Y)Largest decline over 5 years | -44.98% | -45.76% | +0.78% |
Max Drawdown (10Y)Largest decline over 10 years | -54.94% | -58.08% | +3.14% |
Current DrawdownCurrent decline from peak | -10.41% | -10.17% | -0.24% |
Average DrawdownAverage peak-to-trough decline | -31.39% | -26.15% | -5.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.89% | 7.31% | +2.58% |
Volatility
OPY vs. AB - Volatility Comparison
Oppenheimer Holdings Inc. (OPY) has a higher volatility of 11.16% compared to AllianceBernstein Holding L.P. (AB) at 4.49%. This indicates that OPY's price experiences larger fluctuations and is considered to be riskier than AB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OPY | AB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.16% | 4.49% | +6.67% |
Volatility (6M)Calculated over the trailing 6-month period | 31.78% | 16.00% | +15.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.16% | 22.25% | +15.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.79% | 28.06% | +4.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.40% | 32.31% | +3.09% |
Dividends
OPY vs. AB - Dividend Comparison
OPY's dividend yield for the trailing twelve months is around 1.63%, less than AB's 9.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AB AllianceBernstein Holding L.P. | 9.28% | 9.02% | 8.03% | 8.44% | 10.30% | 7.33% | 8.26% | 7.67% | 10.54% | 8.50% | 7.46% | 8.09% |
OPY Oppenheimer Holdings Inc. | 1.63% | 2.38% | 1.03% | 1.45% | 1.42% | 3.32% | 4.71% | 1.67% | 1.72% | 1.64% | 2.37% | 2.53% |
Financials
OPY vs. AB - Financials Comparison
This section allows you to compare key financial metrics between Oppenheimer Holdings Inc. and AllianceBernstein Holding L.P.. 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
OPY vs. AB - Profitability Comparison
OPY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Oppenheimer Holdings Inc. reported a gross profit of 0.00 and revenue of 454.88M. Therefore, the gross margin over that period was 0.0%.
AB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, AllianceBernstein Holding L.P. reported a gross profit of 80.00M and revenue of 80.00M. Therefore, the gross margin over that period was 100.0%.
OPY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Oppenheimer Holdings Inc. reported an operating income of 0.00 and revenue of 454.88M, resulting in an operating margin of 0.0%.
AB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, AllianceBernstein Holding L.P. reported an operating income of 80.00M and revenue of 80.00M, resulting in an operating margin of 100.0%.
OPY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Oppenheimer Holdings Inc. reported a net income of 27.35M and revenue of 454.88M, resulting in a net margin of 6.0%.
AB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, AllianceBernstein Holding L.P. reported a net income of 71.72M and revenue of 80.00M, resulting in a net margin of 89.7%.
Frequently Asked Questions
OPY and AB have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OPY has higher volatility (11.16%) compared to AB (4.49%). In terms of maximum drawdown, OPY dropped -87.51% vs AB's -87.65%.
OPY currently has the higher Sharpe Ratio (1.16 vs -0.08), 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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