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BBVA vs. ^IBEX
Performance
Return for Risk
Drawdowns
Volatility

Performance

BBVA vs. ^IBEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) and IBEX 35 Index (^IBEX). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

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

Returns By Period

In the year-to-date period, BBVA achieves a 8.30% return, which is significantly lower than ^IBEX's 9.88% return. Over the past 10 years, BBVA has outperformed ^IBEX with an annualized return of 21.27%, while ^IBEX has yielded a comparatively lower 8.61% annualized return.


BBVA

1D
0.04%
1M
13.18%
YTD
8.30%
6M
10.38%
1Y
70.63%
3Y*
57.66%
5Y*
40.18%
10Y*
21.27%

^IBEX

1D
0.00%
1M
8.92%
YTD
9.88%
6M
11.22%
1Y
39.77%
3Y*
29.44%
5Y*
15.83%
10Y*
8.61%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BBVA vs. ^IBEX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
BBVA
Banco Bilbao Vizcaya Argentaria, S.A.
8.30%153.74%14.20%62.48%10.09%22.05%-6.31%11.07%-35.01%32.83%
^IBEX
IBEX 35 Index
9.88%69.32%7.68%26.64%-10.76%0.04%-7.97%9.64%-18.94%22.59%

Correlation

The correlation between BBVA and ^IBEX is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.72

Correlation (3Y)
Calculated over the trailing 3-year period

0.72

Correlation (5Y)
Calculated over the trailing 5-year period

0.69

Correlation (10Y)
Calculated over the trailing 10-year period

0.68

Correlation (All Time)
Calculated using the full available price history since Jun 8, 2007

0.72

The correlation between BBVA and ^IBEX has been stable across timeframes, ranging from 0.68 to 0.72 - a consistent structural relationship.

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Return for Risk

BBVA vs. ^IBEX — Risk / Return Rank

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

BBVA
BBVA Risk / Return Rank: 8686
Overall Rank
BBVA Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
BBVA Sortino Ratio Rank: 8686
Sortino Ratio Rank
BBVA Omega Ratio Rank: 8585
Omega Ratio Rank
BBVA Calmar Ratio Rank: 8585
Calmar Ratio Rank
BBVA Martin Ratio Rank: 8585
Martin Ratio Rank

^IBEX
^IBEX Risk / Return Rank: 8888
Overall Rank
^IBEX Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
^IBEX Sortino Ratio Rank: 8888
Sortino Ratio Rank
^IBEX Omega Ratio Rank: 8888
Omega Ratio Rank
^IBEX Calmar Ratio Rank: 9292
Calmar Ratio Rank
^IBEX Martin Ratio Rank: 8787
Martin Ratio Rank
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.

BBVA vs. ^IBEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) and IBEX 35 Index (^IBEX). 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.


BBVA^IBEXDifference
Sharpe ratioReturn per unit of total volatility

-0.08

Sortino ratioReturn per unit of downside risk

-0.30

Omega ratioGain probability vs. loss probability

1.34

1.38

-0.04

Calmar ratioReturn relative to maximum drawdown

3.21

3.45

-0.24

Martin ratioReturn relative to average drawdown

8.37

11.02

-2.66

BBVA vs. ^IBEX - Sharpe Ratio Comparison

The current BBVA Sharpe Ratio is 2.12, which is comparable to the ^IBEX Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of BBVA and ^IBEX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

BBVA vs. ^IBEX - Drawdown Comparison

The maximum BBVA drawdown since its inception was -78.31%, which is greater than ^IBEX's maximum drawdown of -71.44%. Use the drawdown chart below to compare losses from any high point for BBVA and ^IBEX.


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Drawdown Indicators


BBVA^IBEXDifference

Max Drawdown

Largest peak-to-trough decline

-78.31%

-71.44%

-6.87%

Max Drawdown (1Y)

Largest decline over 1 year

-22.14%

-11.37%

-10.77%

Max Drawdown (3Y)

Largest decline over 3 years

-22.14%

-12.06%

-10.08%

Max Drawdown (5Y)

Largest decline over 5 years

-42.28%

-35.10%

-7.18%

Max Drawdown (10Y)

Largest decline over 10 years

-69.63%

-49.25%

-20.38%

Current Drawdown

Current decline from peak

-3.31%

-4.54%

+1.23%

Average Drawdown

Average peak-to-trough decline

-29.07%

-46.75%

+17.68%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.47%

3.58%

+4.89%

Volatility

BBVA vs. ^IBEX - Volatility Comparison

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) has a higher volatility of 9.97% compared to IBEX 35 Index (^IBEX) at 4.62%. This indicates that BBVA's price experiences larger fluctuations and is considered to be riskier than ^IBEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BBVA^IBEXDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.97%

4.62%

+5.35%

Volatility (6M)

Calculated over the trailing 6-month period

27.03%

15.02%

+12.01%

Volatility (1Y)

Calculated over the trailing 1-year period

33.54%

17.88%

+15.66%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

33.60%

19.71%

+13.89%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

36.25%

20.74%

+15.51%

Frequently Asked Questions


BBVA and ^IBEX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BBVA has higher volatility (9.97%) compared to ^IBEX (4.62%). In terms of maximum drawdown, BBVA dropped -78.31% vs ^IBEX's -71.44%.

^IBEX currently has the higher Sharpe Ratio (2.19 vs 2.12), 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.

Portfolio Optimizer

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