ABEA.DE vs. SPOT
ABEA.DE (Alphabet Inc Class A) and SPOT (Spotify Technology S.A.) are both stocks. Both operate in the Internet Content & Information industry within the Communication Services sector. Over the past 5 years, ABEA.DE returned 26.42%/yr vs 15.38%/yr for SPOT. At a 0.28 correlation, their price movements are largely independent.
Performance
ABEA.DE vs. SPOT - Performance Comparison
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Different Trading Currencies
ABEA.DE is traded in EUR, while SPOT is traded in USD. To make them comparable, the SPOT values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, ABEA.DE achieves a 20.52% return, which is significantly higher than SPOT's -16.28% return.
ABEA.DE
- 1D
- 1.63%
- 1M
- -6.15%
- YTD
- 20.52%
- 6M
- 22.54%
- 1Y
- 111.19%
- 3Y*
- 41.67%
- 5Y*
- 26.42%
- 10Y*
- 26.34%
SPOT
- 1D
- -0.66%
- 1M
- 10.14%
- YTD
- -16.28%
- 6M
- -15.72%
- 1Y
- -32.75%
- 3Y*
- 41.44%
- 5Y*
- 15.38%
- 10Y*
- —
ABEA.DE vs. SPOT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ABEA.DE Alphabet Inc Class A | 20.52% | 46.64% | 44.40% | 54.77% | -36.91% | 80.66% | 18.64% | 31.56% | 9.25% |
SPOT Spotify Technology S.A. | -16.28% | 14.40% | 153.80% | 130.88% | -64.17% | -20.06% | 93.06% | 34.74% | -26.78% |
Correlation
The correlation between ABEA.DE and SPOT is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2018 | 0.28 |
Over the past year, the correlation between ABEA.DE and SPOT has dropped to 0.06 - well below their long-term average of 0.28, suggesting their price drivers have been diverging.
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Return for Risk
ABEA.DE vs. SPOT — Risk / Return Rank
ABEA.DE
SPOT
ABEA.DE vs. SPOT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alphabet Inc Class A (ABEA.DE) and Spotify Technology S.A. (SPOT). 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.
| ABEA.DE | SPOT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.67 | ||
| Sortino ratioReturn per unit of downside risk | +5.98 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 0.89 | +0.73 |
| Calmar ratioReturn relative to maximum drawdown | 6.39 | -0.69 | +7.08 |
| Martin ratioReturn relative to average drawdown | 21.06 | -1.21 | +22.27 |
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Drawdowns
ABEA.DE vs. SPOT - Drawdown Comparison
The maximum ABEA.DE drawdown since its inception was -59.53%, smaller than the maximum SPOT drawdown of -77.36%. Use the drawdown chart below to compare losses from any high point for ABEA.DE and SPOT.
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Drawdown Indicators
| ABEA.DE | SPOT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.53% | -77.36% | +17.83% |
Max Drawdown (1Y)Largest decline over 1 year | -17.32% | -47.50% | +30.18% |
Max Drawdown (3Y)Largest decline over 3 years | -33.71% | -47.50% | +13.79% |
Max Drawdown (5Y)Largest decline over 5 years | -38.63% | -73.73% | +35.10% |
Max Drawdown (10Y)Largest decline over 10 years | -38.63% | — | — |
Current DrawdownCurrent decline from peak | -7.42% | -37.60% | +30.18% |
Average DrawdownAverage peak-to-trough decline | -12.82% | -28.64% | +15.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.26% | 27.15% | -21.89% |
Volatility
ABEA.DE vs. SPOT - Volatility Comparison
The current volatility for Alphabet Inc Class A (ABEA.DE) is 9.31%, while Spotify Technology S.A. (SPOT) has a volatility of 16.42%. This indicates that ABEA.DE experiences smaller price fluctuations and is considered to be less risky than SPOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ABEA.DE | SPOT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.31% | 16.42% | -7.11% |
Volatility (6M)Calculated over the trailing 6-month period | 18.73% | 37.58% | -18.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.00% | 45.89% | -17.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.74% | 47.10% | -17.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.77% | 47.19% | -19.42% |
Dividends
ABEA.DE vs. SPOT - Dividend Comparison
ABEA.DE's dividend yield for the trailing twelve months is around 0.23%, while SPOT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
ABEA.DE Alphabet Inc Class A | 0.23% | 0.27% | 0.30% |
SPOT Spotify Technology S.A. | 0.00% | 0.00% | 0.00% |
Financials
ABEA.DE vs. SPOT - Financials Comparison
This section allows you to compare key financial metrics between Alphabet Inc Class A and Spotify Technology S.A.. 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
Frequently Asked Questions
ABEA.DE and SPOT have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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