OPY vs. GS
OPY (Oppenheimer Holdings Inc.) and GS (The Goldman Sachs Group, Inc.) are both stocks. Both operate in the Capital Markets industry within the Financial Services sector. Over the past 10 years, OPY returned 22.67%/yr vs 23.44%/yr for GS. At a 0.40 correlation, their price movements are largely independent.
Performance
OPY vs. GS - Performance Comparison
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Returns By Period
In the year-to-date period, OPY achieves a 31.02% return, which is significantly higher than GS's 19.58% return. Both investments have delivered pretty close results over the past 10 years, with OPY having a 22.67% annualized return and GS not far ahead at 23.44%.
OPY
- 1D
- -0.81%
- 1M
- -4.12%
- YTD
- 31.02%
- 6M
- 39.67%
- 1Y
- 51.90%
- 3Y*
- 36.33%
- 5Y*
- 16.48%
- 10Y*
- 22.67%
GS
- 1D
- -2.21%
- 1M
- 15.76%
- YTD
- 19.58%
- 6M
- 25.65%
- 1Y
- 75.87%
- 3Y*
- 51.11%
- 5Y*
- 24.59%
- 10Y*
- 23.44%
OPY vs. GS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OPY Oppenheimer Holdings Inc. | 31.02% | 15.55% | 57.30% | -0.89% | -7.21% | 52.69% | 20.41% | 9.39% | -3.24% | 47.70% |
GS The Goldman Sachs Group, Inc. | 19.58% | 56.64% | 52.03% | 15.91% | -7.87% | 47.61% | 17.45% | 40.48% | -33.53% | 7.73% |
Correlation
The correlation between OPY and GS is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since May 5, 1999 | 0.40 |
The correlation between OPY and GS shifts across timeframes, from 0.40 (all time) to 0.52 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
OPY:
$1.00B
GS:
$320.63B
OPY:
$8.66
GS:
$57.41
OPY:
10.89
GS:
18.13
OPY:
0.25
GS:
2.35
OPY:
0.62
GS:
2.96
OPY:
1.05
GS:
2.61
OPY:
$1.72B
GS:
$110.77B
OPY:
$1.14B
GS:
$61.53B
OPY:
$255.00M
GS:
$24.94B
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Return for Risk
OPY vs. GS — Risk / Return Rank
OPY
GS
OPY vs. GS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Oppenheimer Holdings Inc. (OPY) and The Goldman Sachs Group, Inc. (GS). 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.
| OPY | GS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.32 | ||
| Sortino ratioReturn per unit of downside risk | -1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.45 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.46 | 3.93 | -1.47 |
| Martin ratioReturn relative to average drawdown | 5.58 | 13.17 | -7.59 |
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
| OPY | GS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.48 | 2.80 | -1.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.89 | -0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | 0.79 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.33 | -0.07 |
Drawdowns
OPY vs. GS - Drawdown Comparison
The maximum OPY drawdown since its inception was -87.51%, which is greater than GS's maximum drawdown of -78.84%. Use the drawdown chart below to compare losses from any high point for OPY and GS.
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Drawdown Indicators
| OPY | GS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.51% | -78.84% | -8.67% |
Max Drawdown (1Y)Largest decline over 1 year | -21.22% | -19.42% | -1.80% |
Max Drawdown (3Y)Largest decline over 3 years | -29.42% | -30.90% | +1.48% |
Max Drawdown (5Y)Largest decline over 5 years | -45.71% | -32.84% | -12.87% |
Max Drawdown (10Y)Largest decline over 10 years | -54.94% | -48.75% | -6.19% |
Current DrawdownCurrent decline from peak | -18.46% | -2.21% | -16.25% |
Average DrawdownAverage peak-to-trough decline | -31.52% | -22.63% | -8.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.33% | 5.78% | +3.55% |
Volatility
OPY vs. GS - Volatility Comparison
Oppenheimer Holdings Inc. (OPY) and The Goldman Sachs Group, Inc. (GS) have volatilities of 8.05% and 8.10%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OPY | GS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.05% | 8.10% | -0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 28.74% | 22.06% | +6.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.15% | 27.25% | +7.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.93% | 27.86% | +5.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.20% | 29.76% | +5.44% |
Dividends
OPY vs. GS - Dividend Comparison
OPY's dividend yield for the trailing twelve months is around 1.84%, more than GS's 1.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GS The Goldman Sachs Group, Inc. | 1.63% | 1.59% | 2.01% | 2.72% | 2.62% | 1.70% | 1.90% | 1.80% | 1.89% | 1.14% | 1.09% | 1.41% |
OPY Oppenheimer Holdings Inc. | 1.84% | 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. GS - Financials Comparison
This section allows you to compare key financial metrics between Oppenheimer Holdings Inc. and The Goldman Sachs Group, Inc.. 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. GS - Profitability Comparison
OPY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Oppenheimer Holdings Inc. reported a gross profit of 419.95M and revenue of 445.10M. Therefore, the gross margin over that period was 94.4%.
GS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Goldman Sachs Group, Inc. reported a gross profit of 16.91B and revenue of 17.23B. Therefore, the gross margin over that period was 98.2%.
OPY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Oppenheimer Holdings Inc. reported an operating income of -8.31M and revenue of 445.10M, resulting in an operating margin of -1.9%.
GS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Goldman Sachs Group, Inc. reported an operating income of 6.49B and revenue of 17.23B, resulting in an operating margin of 37.7%.
OPY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Oppenheimer Holdings Inc. reported a net income of -20.58M and revenue of 445.10M, resulting in a net margin of -4.6%.
GS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Goldman Sachs Group, Inc. reported a net income of 5.63B and revenue of 17.23B, resulting in a net margin of 32.7%.
Frequently Asked Questions
OPY and GS have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GS has higher volatility (8.10%) compared to OPY (8.05%). In terms of maximum drawdown, OPY dropped -87.51% vs GS's -78.84%.
GS currently has the higher Sharpe Ratio (2.80 vs 1.48), 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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