RY vs. DB
RY (Royal Bank of Canada) and DB (Deutsche Bank Aktiengesellschaft) are both stocks. Both are in the Financial Services sector — RY in Banks - Diversified, DB in Banks - Regional. Over the past 10 years, RY returned 16.63%/yr vs 10.35%/yr for DB. At a 0.46 correlation, their price movements are largely independent.
Performance
RY vs. DB - Performance Comparison
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Returns By Period
In the year-to-date period, RY achieves a 16.17% return, which is significantly higher than DB's -15.73% return. Over the past 10 years, RY has outperformed DB with an annualized return of 16.63%, while DB has yielded a comparatively lower 10.35% annualized return.
RY
- 1D
- 0.66%
- 1M
- 7.51%
- YTD
- 16.17%
- 6M
- 21.22%
- 1Y
- 57.80%
- 3Y*
- 33.05%
- 5Y*
- 17.96%
- 10Y*
- 16.63%
DB
- 1D
- -0.51%
- 1M
- 1.32%
- YTD
- -15.73%
- 6M
- -11.29%
- 1Y
- 15.51%
- 3Y*
- 47.97%
- 5Y*
- 19.93%
- 10Y*
- 10.35%
RY vs. DB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RY Royal Bank of Canada | 16.17% | 46.29% | 23.80% | 12.72% | -8.00% | 34.11% | 8.42% | 20.17% | -12.88% | 24.95% |
DB Deutsche Bank Aktiengesellschaft | -15.73% | 132.42% | 29.52% | 21.34% | -5.86% | 14.68% | 40.10% | -2.89% | -56.72% | 18.96% |
Correlation
The correlation between RY and DB 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 | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 1996 | 0.46 |
The correlation between RY and DB has been stable across timeframes, ranging from 0.46 to 0.55 - a consistent structural relationship.
Fundamentals
RY:
$18.17
DB:
$4.47
RY:
10.75
DB:
7.02
RY:
1.56
DB:
0.12
RY:
1.71
DB:
0.94
RY:
$138.99B
DB:
$53.12B
RY:
$65.64B
DB:
$30.48B
RY:
$30.01B
DB:
$9.93B
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Return for Risk
RY vs. DB — Risk / Return Rank
RY
DB
RY vs. DB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Royal Bank of Canada (RY) and Deutsche Bank Aktiengesellschaft (DB). 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.
| RY | DB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.38 | ||
| Sortino ratioReturn per unit of downside risk | +4.68 | ||
| Omega ratioGain probability vs. loss probability | 1.68 | 1.11 | +0.57 |
| Calmar ratioReturn relative to maximum drawdown | 5.79 | 0.53 | +5.26 |
| Martin ratioReturn relative to average drawdown | 21.54 | 1.25 | +20.29 |
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
| RY | DB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.86 | 0.47 | +3.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.00 | 0.54 | +0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | 0.26 | +0.59 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | 0.03 | +0.62 |
Drawdowns
RY vs. DB - Drawdown Comparison
The maximum RY drawdown since its inception was -62.90%, smaller than the maximum DB drawdown of -94.73%. Use the drawdown chart below to compare losses from any high point for RY and DB.
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Drawdown Indicators
| RY | DB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.90% | -94.73% | +31.83% |
Max Drawdown (1Y)Largest decline over 1 year | -10.04% | -29.66% | +19.62% |
Max Drawdown (3Y)Largest decline over 3 years | -19.88% | -29.66% | +9.78% |
Max Drawdown (5Y)Largest decline over 5 years | -28.36% | -54.19% | +25.83% |
Max Drawdown (10Y)Largest decline over 10 years | -39.95% | -71.97% | +32.02% |
Current DrawdownCurrent decline from peak | 0.00% | -65.16% | +65.16% |
Average DrawdownAverage peak-to-trough decline | -9.32% | -53.67% | +44.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.69% | 12.43% | -9.74% |
Volatility
RY vs. DB - Volatility Comparison
The current volatility for Royal Bank of Canada (RY) is 4.34%, while Deutsche Bank Aktiengesellschaft (DB) has a volatility of 9.71%. This indicates that RY experiences smaller price fluctuations and is considered to be less risky than DB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RY | DB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.34% | 9.71% | -5.37% |
Volatility (6M)Calculated over the trailing 6-month period | 11.36% | 25.20% | -13.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.09% | 32.88% | -17.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.00% | 37.43% | -19.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.77% | 40.26% | -20.49% |
Dividends
RY vs. DB - Dividend Comparison
RY's dividend yield for the trailing twelve months is around 2.37%, less than DB's 3.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DB Deutsche Bank Aktiengesellschaft | 3.72% | 1.99% | 2.87% | 2.40% | 1.84% | 0.00% | 0.00% | 1.58% | 1.58% | 1.00% | 0.00% | 3.11% |
RY Royal Bank of Canada | 2.37% | 2.54% | 3.39% | 4.29% | 4.07% | 3.24% | 3.88% | 3.88% | 4.27% | 3.22% | 3.95% | 5.41% |
Financials
RY vs. DB - Financials Comparison
This section allows you to compare key financial metrics between Royal Bank of Canada and Deutsche Bank Aktiengesellschaft. 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
RY vs. DB - Profitability Comparison
RY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Royal Bank of Canada reported a gross profit of 16.51B and revenue of 33.93B. Therefore, the gross margin over that period was 48.7%.
DB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Deutsche Bank Aktiengesellschaft reported a gross profit of 8.15B and revenue of 15.29B. Therefore, the gross margin over that period was 53.3%.
RY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Royal Bank of Canada reported an operating income of 7.10B and revenue of 33.93B, resulting in an operating margin of 20.9%.
DB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Deutsche Bank Aktiengesellschaft reported an operating income of 3.04B and revenue of 15.29B, resulting in an operating margin of 19.9%.
RY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Royal Bank of Canada reported a net income of 5.51B and revenue of 33.93B, resulting in a net margin of 16.2%.
DB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Deutsche Bank Aktiengesellschaft reported a net income of 2.12B and revenue of 15.29B, resulting in a net margin of 13.9%.
Frequently Asked Questions
RY and DB 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.
DB has higher volatility (9.71%) compared to RY (4.34%). In terms of maximum drawdown, RY dropped -62.90% vs DB's -94.73%.
RY currently has the higher Sharpe Ratio (3.86 vs 0.47), 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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