UBS vs. DB
UBS (UBS Group AG) and DB (Deutsche Bank Aktiengesellschaft) are both stocks. Both are in the Financial Services sector — UBS in Banks - Diversified, DB in Banks - Regional. Over the past 10 years, UBS returned 18.26%/yr vs 14.64%/yr for DB. Their 0.72 correlation means they have sometimes moved together and sometimes differently.
Performance
UBS vs. DB - Performance Comparison
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Returns By Period
In the year-to-date period, UBS achieves a 15.35% return, which is significantly higher than DB's -1.35% return. Over the past 10 years, UBS has outperformed DB with an annualized return of 18.26%, while DB has yielded a comparatively lower 14.64% annualized return.
UBS
- 1D
- -1.22%
- 1M
- 3.33%
- 6M
- 13.30%
- YTD
- 15.35%
- 1Y
- 45.68%
- 3Y*
- 38.65%
- 5Y*
- 29.42%
- 10Y*
- 18.26%
- ALL TIME*
- 13.41%
DB
- 1D
- -0.89%
- 1M
- 2.34%
- 6M
- -3.01%
- YTD
- -1.35%
- 1Y
- 16.93%
- 3Y*
- 54.08%
- 5Y*
- 27.65%
- 10Y*
- 14.64%
- ALL TIME*
- 1.73%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $70.21M | $73.29M | $87.31M | |
UBS UBS Group AG | $106.91M | $101.38M | $102.20M |
UBS vs. DB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UBS UBS Group AG | 15.35% | 60.21% | 2.03% | 67.65% | 5.92% | 27.93% | 17.99% | 7.15% | -32.68% | 21.53% |
DB Deutsche Bank Aktiengesellschaft | -1.35% | 132.42% | 29.52% | 21.34% | -5.86% | 14.68% | 40.10% | -2.89% | -56.72% | 18.96% |
Correlation
The correlation between UBS and DB is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.75 |
Correlation (3Y) Balances recent behavior with more history. | 0.65 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.70 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.72 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2014 | 0.72 |
The correlation between UBS and DB has been stable across timeframes, ranging from 0.65 to 0.75 - a consistent structural relationship.
Fundamentals
UBS:
$172.87B
DB:
$68.96B
UBS:
$1.62
DB:
€3.82
UBS:
32.50
DB:
8.35
UBS:
0.51
DB:
0.14
UBS:
4.43
DB:
1.19
UBS:
7.58
DB:
1.03
UBS:
$69.77B
DB:
€54.36B
UBS:
$50.80B
DB:
€32.09B
UBS:
$15.20B
DB:
€10.87B
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Return for Risk
UBS vs. DB — Risk / Return Rank
UBS
DB
UBS vs. DB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS Group AG (UBS) 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.
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.
| UBS | DB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.20 | ||
| Sortino ratioReturn per unit of downside risk | +1.48 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.10 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.66 | 0.52 | +1.14 |
| Martin ratioReturn relative to average drawdown | 4.41 | 1.18 | +3.23 |
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Drawdowns
UBS vs. DB - Drawdown Comparison
The maximum UBS drawdown since its inception was -61.38%, smaller than the maximum DB drawdown of -94.73%. Use the drawdown chart below to compare losses from any high point for UBS and DB.
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Drawdown Indicators
| UBS | DB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.38% | -94.73% | +33.35% |
Max Drawdown (1Y)Largest decline over 1 year | -26.07% | -29.66% | +3.59% |
Max Drawdown (3Y)Largest decline over 3 years | -27.00% | -29.66% | +2.66% |
Max Drawdown (5Y)Largest decline over 5 years | -33.41% | -54.19% | +20.78% |
Max Drawdown (10Y)Largest decline over 10 years | -61.38% | -71.97% | +10.59% |
Current DrawdownCurrent decline from peak | -4.23% | -59.22% | +54.99% |
Average DrawdownAverage peak-to-trough decline | -19.03% | -53.70% | +34.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.80% | 13.08% | -3.28% |
Volatility
UBS vs. DB - Volatility Comparison
The current volatility for UBS Group AG (UBS) is 8.58%, while Deutsche Bank Aktiengesellschaft (DB) has a volatility of 11.51%. This indicates that UBS 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
| UBS | DB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.58% | 11.51% | -2.93% |
Volatility (6M)Calculated over the trailing 6-month period | 20.92% | 27.32% | -6.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.15% | 33.25% | -7.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.40% | 37.57% | -7.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.90% | 39.69% | -9.79% |
Dividends
UBS vs. DB - Dividend Comparison
UBS's dividend yield for the trailing twelve months is around 1.04%, less than DB's 3.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DB Deutsche Bank Aktiengesellschaft | 3.17% | 1.99% | 2.87% | 2.40% | 1.84% | 0.00% | 0.00% | 1.58% | 1.58% | 1.00% | 0.00% | 3.11% |
UBS UBS Group AG | 1.04% | 2.92% | 3.46% | 0.89% | 1.34% | 1.04% | 3.87% | 5.48% | 0.00% | 3.30% | 5.42% | 3.87% |
Financials
UBS vs. DB - Financials Comparison
This section allows you to compare key financial metrics between UBS Group AG 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
UBS vs. DB - Profitability Comparison
UBS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, UBS Group AG reported a gross profit of 13.23B and revenue of 13.35B. Therefore, the gross margin over that period was 99.1%.
DB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Deutsche Bank Aktiengesellschaft reported a gross profit of 9.01B and revenue of 16.27B. Therefore, the gross margin over that period was 55.3%.
UBS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, UBS Group AG reported an operating income of 3.59B and revenue of 13.35B, resulting in an operating margin of 26.9%.
DB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Deutsche Bank Aktiengesellschaft reported an operating income of 3.36B and revenue of 16.27B, resulting in an operating margin of 20.7%.
UBS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, UBS Group AG reported a net income of 2.80B and revenue of 13.35B, resulting in a net margin of 21.0%.
DB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Deutsche Bank Aktiengesellschaft reported a net income of 2.34B and revenue of 16.27B, resulting in a net margin of 14.4%.
Frequently Asked Questions
UBS and DB have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DB has higher volatility (11.51%) compared to UBS (8.58%). In terms of maximum drawdown, UBS dropped -61.38% vs DB's -94.73%.
UBS currently has the higher Sharpe Ratio (1.66 vs 0.46), 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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