CBOE vs. FUTU: Cboe Global Markets vs. Futu Stock Comparison
How do Cboe Global Markets (CBOE) and Futu (FUTU) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Cboe Global Markets (CBOE) and Futu (FUTU) both belong to the Capital Markets industry, though CBOE is classified under Financial Exchanges & Data while FUTU falls under Investment Banking & Brokerage.
Cboe Global Markets (CBOE) trades as ordinary local shares, while Futu (FUTU) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | CBOE | FUTU |
|---|---|---|
| Name | Cboe Global Markets Inc. | Futu Holdings Ltd. ADR |
| Country/Region | United States | Hong Kong |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Financial Services | Financial Services |
| GICS Industry | Capital Markets | Capital Markets |
| GICS Sub-Industry | Financial Exchanges & Data | Investment Banking & Brokerage |
| Market Capitalization | 36.86 billion USD | 13.75 billion USD |
| Currency | USD | USD |
| Exchange | Cboe | Nasdaq |
| Listing Date | June 15, 2010 | March 8, 2019 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CBOE | FUTU |
|---|---|---|
| Total Return (1Y) | 38.97% | -45.15% |
| Total Return (3Y, Annualized) | 27.34% | 22.02% |
| Total Return (5Y, Annualized) | 23.42% | 13.70% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CBOE | FUTU |
|---|---|---|
| Volatility (1Y, Annualized) | 36.53% | 59.94% |
| Beta (5Y) | 0.35 | 0.68 |
| Max Drawdown (5Y) | -36.73% | -60.17% |
| Avg. Volume (3M) | 1.14M | 1.18M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CBOE | FUTU |
|---|---|---|
| Sharpe Ratio (1Y) | 0.95 | -0.82 |
| Sortino Ratio (1Y) | 1.37 | -1.10 |
Profitability
ROE (TTM)
Both Cboe Global Markets (CBOE) at 27.39% and Futu (FUTU) at 30.52% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
CBOE
Financial Services industry group
27.39%
- Max
- 44.78%
- CBOE
- 27.39%
- Q3
- 21.85%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
FUTU
Financial Services industry group
30.52%
- Max
- 44.78%
- FUTU
- 30.52%
- Q3
- 21.85%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
Net Margin (TTM)
Futu (FUTU) at 46.20% retains a top-quartile share of revenue as profit, ahead of Cboe Global Markets (CBOE) at 28.05%, which keeps about the industry-typical share.
CBOE
Financial Services industry group
28.05%
- Max
- 62.84%
- Q3
- 28.05%
- CBOE
- 28.05%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
FUTU
Financial Services industry group
46.20%
- Max
- 62.84%
- FUTU
- 46.20%
- Q3
- 28.05%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
Operating Margin (TTM)
Futu (FUTU) at 66.75% operates in the top operating margin quartile, ahead of Cboe Global Markets (CBOE) at 35.29%, which runs around its industry’s norm.
CBOE
Financial Services industry group
35.29%
- Max
- 107.33%
- Q3
- 55.90%
- CBOE
- 35.29%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
FUTU
Financial Services industry group
66.75%
- Max
- 107.33%
- FUTU
- 66.75%
- Q3
- 55.90%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
Profitability Metrics
| Metric | CBOE | FUTU |
|---|---|---|
| ROE (TTM) | 27.39% | 30.52% |
| ROA (TTM) | 11.84% | 4.51% |
| Net Margin (TTM) | 28.05% | 46.20% |
| Operating Margin (TTM) | 35.29% | 66.75% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Futu (FUTU) at 68.11% clears its industry range for revenue growth, far stronger top-line momentum than Cboe Global Markets (CBOE) at 15.13%, which is closer to a typical peer reading.
EPS Growth
Futu (FUTU) at 106.38% sits in the top EPS growth quartile, while Cboe Global Markets (CBOE) at 44.52% is closer to the peer norm — faster per-share earnings growth for FUTU.
Growth Metrics
| Metric | CBOE | FUTU |
|---|---|---|
| Revenue Growth (YoY) | 15.13% | 68.11% |
| Revenue Growth (3Y CAGR) | 6.00% | 44.24% |
| EPS Growth (YoY) | 44.52% | 106.38% |
| EPS Growth (3Y CAGR) | 68.19% | 58.06% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Cboe Global Markets (CBOE) in Financial Services and Futu (FUTU) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Cboe Global Markets (CBOE) in Financial Services and Futu (FUTU) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | CBOE | FUTU |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Futu (FUTU) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Cboe Global Markets (CBOE) reports a yield of 0.86%, ranking against industry peers normally.
CBOE
Financial Services industry group
0.86%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- CBOE
- 0.86%
- Q1
- 0.00%
- Min
- 0.00%
FUTU
Financial Services industry group
0.00%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- FUTU
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Cboe Global Markets (CBOE) at 21.49% and Futu (FUTU) at 25.80% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
CBOE
Financial Services industry group
21.49%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- CBOE
- 21.49%
- Q1
- 0.00%
- Min
- 0.00%
FUTU
Financial Services industry group
25.80%
- Max
- 241.07%
- Q3
- 97.36%
- FUTU
- 25.80%
- Median
- 25.77%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CBOE | FUTU |
|---|---|---|
| Dividend Yield (TTM) | 0.86% | 0.00% |
| Dividend Payout Ratio (TTM) | 21.49% | 25.80% |
Valuation
P/E Ratio (TTM)
Futu (FUTU) at 9.73 is near its industry’s usual P/E ratio, while Cboe Global Markets (CBOE) at 25.14 sits in the richer quartile — CBOE needs stronger growth or earnings quality to justify the premium.
CBOE
Financial Services industry group
25.14
- Max
- 45.85
- CBOE
- 25.14
- Q3
- 24.64
- Median
- 15.37
- Q1
- 9.68
- Min
- 0.16
FUTU
Financial Services industry group
9.73
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- FUTU
- 9.73
- Q1
- 9.68
- Min
- 0.16
P/S Ratio (TTM)
Futu (FUTU) at 0.57 looks cheap on sales in the lower P/S ratio quartile, while Cboe Global Markets (CBOE) at 6.98 looks rich in the upper quartile — a clear gap in price per dollar of revenue.
CBOE
Financial Services industry group
6.98
- Max
- 9.23
- CBOE
- 6.98
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
FUTU
Financial Services industry group
0.57
- Max
- 9.23
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- FUTU
- 0.57
- Min
- -0.55
P/B Ratio (MRQ)
Futu (FUTU) at 2.75 is valued about in line with its industry on P/B ratio, while Cboe Global Markets (CBOE) at 6.22 carries an above-peer premium to book — CBOE is pricier on assets.
CBOE
Financial Services industry group
6.22
- Max
- 7.79
- CBOE
- 6.22
- Q3
- 3.63
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
FUTU
Financial Services industry group
2.75
- Max
- 7.79
- Q3
- 3.63
- FUTU
- 2.75
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | CBOE | FUTU |
|---|---|---|
| P/E Ratio (TTM) | 25.14 | 9.73 |
| P/S Ratio (TTM) | 6.98 | 0.57 |
| P/B Ratio (MRQ) | 6.22 | 2.75 |
| Free Cash Flow Yield (TTM) | -- | -- |