ORNBV.HE vs. BBDO

Last updated Jun 4, 2026

ORNBV.HE (Orion Oyj) and BBDO (Banco Bradesco S.A.) are both stocks. ORNBV.HE operates in Drug Manufacturers - General (Healthcare), while BBDO operates in Banks - Regional (Financial Services). Over the past 10 years, ORNBV.HE returned 11.38%/yr vs 2.25%/yr for BBDO. At a 0.08 correlation, their price movements are largely independent.

Performance

ORNBV.HE vs. BBDO - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Orion Oyj (ORNBV.HE) and Banco Bradesco S.A. (BBDO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ORNBV.HE is traded in EUR, while BBDO is traded in USD. To make them comparable, the BBDO values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ORNBV.HE achieves a 8.37% return, which is significantly lower than BBDO's 9.16% return. Over the past 10 years, ORNBV.HE has outperformed BBDO with an annualized return of 11.38%, while BBDO has yielded a comparatively lower 2.25% annualized return.

ORNBV.HE

• 1D: 1.26%
• 1M: -1.59%
• YTD: 8.37%
• 6M: 14.39%
• 1Y: 14.35%
• 3Y*: 22.31%
• 5Y*: 17.62%
• 10Y*: 11.38%

BBDO

• 1D: -5.89%
• 1M: -11.37%
• YTD: 9.16%
• 6M: 0.71%
• 1Y: 23.12%
• 3Y*: 9.90%
• 5Y*: 1.14%
• 10Y*: 2.25%

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

ORNBV.HE vs. BBDO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ORNBV.HE Orion Oyj	8.37%	52.85%	13.41%	-20.40%	45.41%	1.67%	-6.16%	42.49%	2.81%	-24.51%
BBDO Banco Bradesco S.A.	9.16%	58.42%	-36.13%	33.48%	6.57%	-22.10%	-49.90%	29.82%	11.65%	6.47%

Correlation

The correlation between ORNBV.HE and BBDO is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (5Y) Calculated over the trailing 5-year period	0.07
Correlation (10Y) Calculated over the trailing 10-year period	0.06
Correlation (All Time) Calculated using the full available price history since Mar 14, 2012	0.08

Return for Risk

ORNBV.HE vs. BBDO — Risk / Return Rank

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

ORNBV.HE

ORNBV.HE Risk / Return Rank: 56
ORNBV.HE Sharpe Ratio Rank: 58
ORNBV.HE Sortino Ratio Rank: 50
ORNBV.HE Omega Ratio Rank: 54
ORNBV.HE Calmar Ratio Rank: 57
ORNBV.HE Martin Ratio Rank: 59

BBDO

BBDO Risk / Return Rank: 62
BBDO Sharpe Ratio Rank: 64
BBDO Sortino Ratio Rank: 58
BBDO Omega Ratio Rank: 55
BBDO Calmar Ratio Rank: 67
BBDO Martin Ratio Rank: 67

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.

ORNBV.HE vs. BBDO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Orion Oyj (ORNBV.HE) and Banco Bradesco S.A. (BBDO). 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.

	ORNBV.HE	BBDO	Difference
Sharpe ratio Return per unit of total volatility	0.47	0.66	-0.19
Sortino ratio Return per unit of downside risk	0.82	1.11	-0.29
Omega ratio Gain probability vs. loss probability	1.13	1.13	-0.01
Calmar ratio Return relative to maximum drawdown	0.75	1.30	-0.55
Martin ratio Return relative to average drawdown	1.82	3.08	-1.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ORNBV.HE vs. BBDO - Sharpe Ratio Comparison

The current ORNBV.HE Sharpe Ratio is 0.47, which is comparable to the BBDO Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of ORNBV.HE and BBDO, 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

	ORNBV.HE	BBDO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.47	0.66	-0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	0.03	+0.59
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.40	0.05	+0.35
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.01	+0.53

Drawdowns

ORNBV.HE vs. BBDO - Drawdown Comparison

The maximum ORNBV.HE drawdown since its inception was -58.91%, smaller than the maximum BBDO drawdown of -69.22%. Use the drawdown chart below to compare losses from any high point for ORNBV.HE and BBDO.

Drawdown Indicators

	ORNBV.HE	BBDO	Difference
Max Drawdown Largest peak-to-trough decline	-58.91%	-69.22%	+10.31%
Max Drawdown (1Y) Largest decline over 1 year	-19.41%	-17.89%	-1.52%
Max Drawdown (3Y) Largest decline over 3 years	-26.34%	-38.25%	+11.91%
Max Drawdown (5Y) Largest decline over 5 years	-36.88%	-41.32%	+4.44%
Max Drawdown (10Y) Largest decline over 10 years	-58.91%	-69.22%	+10.31%
Current Drawdown Current decline from peak	-9.45%	-40.52%	+31.07%
Average Drawdown Average peak-to-trough decline	-16.98%	-34.80%	+17.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.91%	7.55%	+0.36%

Volatility

ORNBV.HE vs. BBDO - Volatility Comparison

The current volatility for Orion Oyj (ORNBV.HE) is 8.28%, while Banco Bradesco S.A. (BBDO) has a volatility of 10.08%. This indicates that ORNBV.HE experiences smaller price fluctuations and is considered to be less risky than BBDO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ORNBV.HE	BBDO	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.28%	10.08%	-1.80%
Volatility (6M) Calculated over the trailing 6-month period	23.40%	25.31%	-1.91%
Volatility (1Y) Calculated over the trailing 1-year period	30.64%	35.01%	-4.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.58%	41.86%	-13.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.80%	47.02%	-18.22%

Dividends

ORNBV.HE vs. BBDO - Dividend Comparison

ORNBV.HE's dividend yield for the trailing twelve months is around 2.53%, less than BBDO's 8.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBDO Banco Bradesco S.A.	8.48%	9.76%	7.84%	9.58%	2.92%	6.00%	2.80%	5.17%	3.21%	5.12%	3.34%	5.75%
ORNBV.HE Orion Oyj	2.53%	2.58%	3.79%	4.07%	2.93%	4.11%	4.00%	3.63%	4.79%	4.34%	3.07%	4.07%

Financials

Frequently Asked Questions

Can I hold both ORNBV.HE and BBDO in my portfolio?

ORNBV.HE and BBDO have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.