RDY vs. HDB
RDY (Dr. Reddy's Laboratories Limited) and HDB (HDFC Bank Limited) are both stocks. RDY operates in Drug Manufacturers - Specialty & Generic (Healthcare), while HDB operates in Banks - Regional (Financial Services). Over the past 10 years, RDY returned 4.69%/yr vs 5.46%/yr for HDB. At a 0.32 correlation, their price movements are largely independent.
Performance
RDY vs. HDB - Performance Comparison
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Returns By Period
In the year-to-date period, RDY achieves a -5.27% return, which is significantly higher than HDB's -33.85% return. Over the past 10 years, RDY has underperformed HDB with an annualized return of 4.69%, while HDB has yielded a comparatively higher 5.46% annualized return.
RDY
- 1D
- -0.45%
- 1M
- -1.41%
- YTD
- -5.27%
- 6M
- -5.14%
- 1Y
- -15.30%
- 3Y*
- 5.74%
- 5Y*
- -1.12%
- 10Y*
- 4.69%
HDB
- 1D
- 1.51%
- 1M
- -2.70%
- YTD
- -33.85%
- 6M
- -32.66%
- 1Y
- -33.11%
- 3Y*
- -7.62%
- 5Y*
- -7.24%
- 10Y*
- 5.46%
RDY vs. HDB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RDY Dr. Reddy's Laboratories Limited | -5.27% | -10.53% | 14.13% | 36.47% | -19.74% | -7.33% | 76.80% | 8.45% | 0.37% | -16.46% |
HDB HDFC Bank Limited | -33.85% | 17.07% | -2.54% | 0.16% | 7.39% | -9.29% | 14.03% | 22.58% | 2.44% | 68.50% |
Correlation
The correlation between RDY and HDB is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jul 20, 2001 | 0.32 |
Fundamentals
RDY:
$11.10B
HDB:
$41.47B
RDY:
₹51.45
HDB:
₹179.48
RDY:
24.75
HDB:
12.89
RDY:
1.04
HDB:
0.19
RDY:
3.15
HDB:
1.98
RDY:
2.88
HDB:
0.69
RDY:
₹337.10B
HDB:
₹5.00T
RDY:
₹177.79B
HDB:
₹2.86T
RDY:
₹74.65B
HDB:
₹1.03T
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Return for Risk
RDY vs. HDB — Risk / Return Rank
RDY
HDB
RDY vs. HDB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dr. Reddy's Laboratories Limited (RDY) and HDFC Bank Limited (HDB). 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.
| RDY | HDB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.67 | ||
| Sortino ratioReturn per unit of downside risk | +1.21 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 0.75 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | -0.85 | +0.01 |
| Martin ratioReturn relative to average drawdown | -1.52 | -1.74 | +0.22 |
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Drawdowns
RDY vs. HDB - Drawdown Comparison
The maximum RDY drawdown since its inception was -60.62%, smaller than the maximum HDB drawdown of -67.93%. Use the drawdown chart below to compare losses from any high point for RDY and HDB.
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Drawdown Indicators
| RDY | HDB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.62% | -67.93% | +7.31% |
Max Drawdown (1Y)Largest decline over 1 year | -20.65% | -40.98% | +20.33% |
Max Drawdown (3Y)Largest decline over 3 years | -26.61% | -40.98% | +14.37% |
Max Drawdown (5Y)Largest decline over 5 years | -35.25% | -40.98% | +5.73% |
Max Drawdown (10Y)Largest decline over 10 years | -47.13% | -54.28% | +7.15% |
Current DrawdownCurrent decline from peak | -20.54% | -38.00% | +17.46% |
Average DrawdownAverage peak-to-trough decline | -21.92% | -13.80% | -8.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.31% | 20.09% | -6.78% |
Volatility
RDY vs. HDB - Volatility Comparison
The current volatility for Dr. Reddy's Laboratories Limited (RDY) is 6.24%, while HDFC Bank Limited (HDB) has a volatility of 8.37%. This indicates that RDY experiences smaller price fluctuations and is considered to be less risky than HDB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RDY | HDB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.24% | 8.37% | -2.13% |
Volatility (6M)Calculated over the trailing 6-month period | 17.41% | 21.09% | -3.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.20% | 24.57% | -1.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.26% | 26.84% | -3.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.58% | 29.07% | -2.49% |
Dividends
RDY vs. HDB - Dividend Comparison
RDY's dividend yield for the trailing twelve months is around 0.69%, less than HDB's 3.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDB HDFC Bank Limited | 3.51% | 2.32% | 2.19% | 2.06% | 1.70% | 0.81% | 0.00% | 0.17% | 0.55% | 0.49% | 0.66% | 0.58% |
RDY Dr. Reddy's Laboratories Limited | 0.69% | 0.65% | 0.60% | 1.39% | 1.48% | 1.04% | 0.46% | 0.71% | 0.00% | 0.78% | 0.62% | 0.63% |
Financials
RDY vs. HDB - Financials Comparison
This section allows you to compare key financial metrics between Dr. Reddy's Laboratories Limited and HDFC Bank Limited. 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
RDY vs. HDB - Profitability Comparison
RDY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Dr. Reddy's Laboratories Limited reported a gross profit of 34.22B and revenue of 76.33B. Therefore, the gross margin over that period was 44.8%.
HDB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, HDFC Bank Limited reported a gross profit of 693.21B and revenue of 1.19T. Therefore, the gross margin over that period was 58.4%.
RDY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Dr. Reddy's Laboratories Limited reported an operating income of 473.25M and revenue of 76.33B, resulting in an operating margin of 0.6%.
HDB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, HDFC Bank Limited reported an operating income of 281.02B and revenue of 1.19T, resulting in an operating margin of 23.7%.
RDY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Dr. Reddy's Laboratories Limited reported a net income of 2.24B and revenue of 76.33B, resulting in a net margin of 2.9%.
HDB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, HDFC Bank Limited reported a net income of 206.67B and revenue of 1.19T, resulting in a net margin of 17.4%.
Frequently Asked Questions
RDY and HDB have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HDB has higher volatility (8.37%) compared to RDY (6.24%). In terms of maximum drawdown, RDY dropped -60.62% vs HDB's -67.93%.
RDY currently has the higher Sharpe Ratio (-0.75 vs -1.42), 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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