1ALV.MI vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about Allianz SE (1ALV.MI) and S&P 500 Index (^GSPC).

Performance

1ALV.MI vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Allianz SE (1ALV.MI) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

1ALV.MI vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
1ALV.MI Allianz SE	-6.25%	41.28%	27.38%	24.91%	3.79%	7.10%	-2.95%	28.88%	-3.66%	28.60%
^GSPC S&P 500 Index	-2.47%	2.58%	31.45%	20.51%	-14.45%	36.38%	6.68%	31.79%	-1.84%	4.74%

Different Trading Currencies

1ALV.MI is traded in EUR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, 1ALV.MI achieves a -6.25% return, which is significantly lower than ^GSPC's -2.47% return. Over the past 10 years, 1ALV.MI has outperformed ^GSPC with an annualized return of 15.57%, while ^GSPC has yielded a comparatively lower 12.07% annualized return.

1ALV.MI

• 1D: 2.65%
• 1M: -0.86%
• YTD: -6.25%
• 6M: 0.80%
• 1Y: 7.31%
• 3Y*: 26.03%
• 5Y*: 16.65%
• 10Y*: 15.57%

^GSPC

• 1D: 0.61%
• 1M: -3.45%
• YTD: -2.47%
• 6M: -0.63%
• 1Y: 8.91%
• 3Y*: 14.47%
• 5Y*: 10.74%
• 10Y*: 12.07%

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

Return for Risk

1ALV.MI vs. ^GSPC — Risk / Return Rank

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

1ALV.MI

1ALV.MI Risk / Return Rank: 50
1ALV.MI Sharpe Ratio Rank: 53
1ALV.MI Sortino Ratio Rank: 43
1ALV.MI Omega Ratio Rank: 44
1ALV.MI Calmar Ratio Rank: 55
1ALV.MI Martin Ratio Rank: 56

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

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.

1ALV.MI vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allianz SE (1ALV.MI) and S&P 500 Index (^GSPC). 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.

	1ALV.MI	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	0.33	0.43	-0.11
Sortino ratio Return per unit of downside risk	0.57	0.73	-0.16
Omega ratio Gain probability vs. loss probability	1.08	1.12	-0.04
Calmar ratio Return relative to maximum drawdown	0.62	0.66	-0.04
Martin ratio Return relative to average drawdown	1.42	2.77	-1.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

1ALV.MI vs. ^GSPC - Sharpe Ratio Comparison

The current 1ALV.MI Sharpe Ratio is 0.33, which is comparable to the ^GSPC Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of 1ALV.MI and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	1ALV.MI	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.33	0.43	-0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	0.64	+0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	0.65	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.45	-0.13

Correlation

The correlation between 1ALV.MI and ^GSPC is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

1ALV.MI vs. ^GSPC - Drawdown Comparison

The maximum 1ALV.MI drawdown since its inception was -73.11%, which is greater than ^GSPC's maximum drawdown of -53.11%. Use the drawdown chart below to compare losses from any high point for 1ALV.MI and ^GSPC.

Drawdown Indicators

	1ALV.MI	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-73.11%	-56.78%	-16.33%
Max Drawdown (1Y) Largest decline over 1 year	-11.81%	-12.14%	+0.33%
Max Drawdown (5Y) Largest decline over 5 years	-27.58%	-25.43%	-2.15%
Max Drawdown (10Y) Largest decline over 10 years	-48.02%	-33.92%	-14.10%
Current Drawdown Current decline from peak	-6.25%	-5.78%	-0.47%
Average Drawdown Average peak-to-trough decline	-16.96%	-10.75%	-6.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.15%	2.60%	+2.55%

Volatility

1ALV.MI vs. ^GSPC - Volatility Comparison

Allianz SE (1ALV.MI) has a higher volatility of 6.71% compared to S&P 500 Index (^GSPC) at 4.42%. This indicates that 1ALV.MI's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	1ALV.MI	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.71%	4.42%	+2.29%
Volatility (6M) Calculated over the trailing 6-month period	14.91%	9.93%	+4.98%
Volatility (1Y) Calculated over the trailing 1-year period	22.42%	20.69%	+1.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.97%	16.81%	+4.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.13%	18.63%	+4.50%