ARCAD.AS vs. BNP.PA

Last updated Jun 4, 2026

ARCAD.AS (Arcadis N.V.) and BNP.PA (BNP Paribas SA) are both stocks. ARCAD.AS operates in Engineering & Construction (Industrials), while BNP.PA operates in Banks - Regional (Financial Services). Over the past 10 years, ARCAD.AS returned 12.30%/yr vs 13.22%/yr for BNP.PA. At a 0.33 correlation, their price movements are largely independent.

Performance

ARCAD.AS vs. BNP.PA - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Arcadis N.V. (ARCAD.AS) and BNP Paribas SA (BNP.PA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARCAD.AS achieves a 3.34% return, which is significantly lower than BNP.PA's 18.78% return. Over the past 10 years, ARCAD.AS has underperformed BNP.PA with an annualized return of 12.30%, while BNP.PA has yielded a comparatively higher 13.22% annualized return.

ARCAD.AS

• 1D: -1.00%
• 1M: -3.65%
• YTD: 3.34%
• 6M: -1.75%
• 1Y: -17.39%
• 3Y*: -1.14%
• 5Y*: 2.43%
• 10Y*: 12.30%

BNP.PA

• 1D: -1.30%
• 1M: 9.74%
• YTD: 18.78%
• 6M: 29.24%
• 1Y: 28.52%
• 3Y*: 25.90%
• 5Y*: 18.43%
• 10Y*: 13.22%

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

ARCAD.AS vs. BNP.PA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ARCAD.AS Arcadis N.V.	3.34%	-38.20%	22.10%	35.56%	-10.29%	59.31%	36.07%	106.31%	-42.36%	46.82%
BNP.PA BNP Paribas SA	18.78%	50.14%	0.99%	25.73%	-5.95%	47.88%	-18.41%	43.63%	-33.05%	7.17%

Correlation

The correlation between ARCAD.AS and BNP.PA is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (10Y) Calculated over the trailing 10-year period	0.40
Correlation (All Time) Calculated using the full available price history since Oct 3, 1995	0.33

The correlation between ARCAD.AS and BNP.PA shifts across timeframes, from 0.24 (1 year) to 0.40 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

ARCAD.AS vs. BNP.PA — Risk / Return Rank

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

ARCAD.AS

ARCAD.AS Risk / Return Rank: 25
ARCAD.AS Sharpe Ratio Rank: 23
ARCAD.AS Sortino Ratio Rank: 23
ARCAD.AS Omega Ratio Rank: 22
ARCAD.AS Calmar Ratio Rank: 29
ARCAD.AS Martin Ratio Rank: 28

BNP.PA

BNP.PA Risk / Return Rank: 67
BNP.PA Sharpe Ratio Rank: 71
BNP.PA Sortino Ratio Rank: 64
BNP.PA Omega Ratio Rank: 64
BNP.PA Calmar Ratio Rank: 67
BNP.PA Martin Ratio Rank: 69

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.

ARCAD.AS vs. BNP.PA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Arcadis N.V. (ARCAD.AS) and BNP Paribas SA (BNP.PA). 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.

	ARCAD.AS	BNP.PA	Difference
Sharpe ratio: Return per unit of total volatility	-0.41	1.00	-1.41
Sortino ratio: Return per unit of downside risk	-0.33	1.50	-1.83
Omega ratio: Gain probability vs. loss probability	0.95	1.19	-0.24
Calmar ratio: Return relative to maximum drawdown	-0.35	1.44	-1.80
Martin ratio: Return relative to average drawdown	-0.67	3.67	-4.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ARCAD.AS vs. BNP.PA - Sharpe Ratio Comparison

The current ARCAD.AS Sharpe Ratio is -0.41, which is lower than the BNP.PA Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of ARCAD.AS and BNP.PA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ARCAD.AS	BNP.PA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.41	1.00	-1.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.08	0.64	-0.55
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	0.42	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	-0.62	0.25	-0.87

Drawdowns

ARCAD.AS vs. BNP.PA - Drawdown Comparison

The maximum ARCAD.AS drawdown since its inception was -100.00%, which is greater than BNP.PA's maximum drawdown of -75.43%. Use the drawdown chart below to compare losses from any high point for ARCAD.AS and BNP.PA.

Drawdown Indicators

	ARCAD.AS	BNP.PA	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	-75.43%	-24.57%
Max Drawdown (1Y) Largest decline over 1 year	-48.49%	-19.50%	-28.99%
Max Drawdown (3Y) Largest decline over 3 years	-60.02%	-21.82%	-38.20%
Max Drawdown (5Y) Largest decline over 5 years	-60.02%	-34.11%	-25.91%
Max Drawdown (10Y) Largest decline over 10 years	-60.02%	-59.43%	-0.59%
Current Drawdown Current decline from peak	-99.97%	-1.30%	-98.67%
Average Drawdown Average peak-to-trough decline	-91.08%	-19.99%	-71.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.96%	7.71%	+18.25%

Volatility

ARCAD.AS vs. BNP.PA - Volatility Comparison

The current volatility for Arcadis N.V. (ARCAD.AS) is 6.10%, while BNP Paribas SA (BNP.PA) has a volatility of 8.63%. This indicates that ARCAD.AS experiences smaller price fluctuations and is considered to be less risky than BNP.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARCAD.AS	BNP.PA	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.10%	8.63%	-2.53%
Volatility (6M) Calculated over the trailing 6-month period	30.11%	20.91%	+9.20%
Volatility (1Y) Calculated over the trailing 1-year period	41.65%	28.23%	+13.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.70%	28.42%	+0.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.14%	31.19%	+2.95%

Dividends

ARCAD.AS vs. BNP.PA - Dividend Comparison

ARCAD.AS's dividend yield for the trailing twelve months is around 2.95%, less than BNP.PA's 5.54% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARCAD.AS Arcadis N.V.	2.95%	2.81%	1.45%	1.52%	3.54%	1.44%	2.07%	2.33%	4.41%	2.26%	4.73%	3.19%
BNP.PA BNP Paribas SA	5.54%	9.13%	7.77%	6.23%	6.89%	4.38%	0.00%	5.72%	7.65%	4.34%	3.82%	2.87%

Financials

Frequently Asked Questions

Can I hold both ARCAD.AS and BNP.PA in my portfolio?

ARCAD.AS and BNP.PA have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.