BBVA vs. DSY.PA

Last updated Jun 13, 2026

BBVA (Banco Bilbao Vizcaya Argentaria, S.A.) and DSY.PA (Dassault Systèmes SE) are both stocks. BBVA operates in Banks - Diversified (Financial Services), while DSY.PA operates in Software - Application (Technology). Over the past 10 years, BBVA returned 21.87%/yr vs 4.67%/yr for DSY.PA. At a 0.29 correlation, their price movements are largely independent.

Performance

BBVA vs. DSY.PA - Performance Comparison

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

Different Trading Currencies

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

Returns By Period

In the year-to-date period, BBVA achieves a 3.26% return, which is significantly higher than DSY.PA's -27.95% return. Over the past 10 years, BBVA has outperformed DSY.PA with an annualized return of 21.87%, while DSY.PA has yielded a comparatively lower 4.67% annualized return.

BBVA

• 1D: 0.82%
• 1M: 7.06%
• YTD: 3.26%
• 6M: 6.36%
• 1Y: 60.13%
• 3Y*: 57.91%
• 5Y*: 37.97%
• 10Y*: 21.87%

DSY.PA

• 1D: -5.54%
• 1M: -9.73%
• YTD: -27.95%
• 6M: -26.91%
• 1Y: -45.73%
• 3Y*: -22.79%
• 5Y*: -15.01%
• 10Y*: 4.67%

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

BBVA vs. DSY.PA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BBVA Banco Bilbao Vizcaya Argentaria, S.A.	3.26%	153.74%	14.20%	62.48%	10.09%	22.05%	-6.31%	11.07%	-35.01%	32.83%
DSY.PA Dassault Systèmes SE	-27.95%	-18.65%	-28.54%	36.98%	-39.56%	48.93%	26.42%	42.03%	14.44%	44.34%

Correlation

The correlation between BBVA and DSY.PA is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (5Y) Calculated over the trailing 5-year period	0.26
Correlation (10Y) Calculated over the trailing 10-year period	0.19
Correlation (All Time) Calculated using the full available price history since Jun 1, 2007	0.29

The correlation between BBVA and DSY.PA shifts across timeframes, from 0.12 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BBVA vs. DSY.PA — Risk / Return Rank

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

BBVA

BBVA Risk / Return Rank: 83
BBVA Sharpe Ratio Rank: 87
BBVA Sortino Ratio Rank: 82
BBVA Omega Ratio Rank: 81
BBVA Calmar Ratio Rank: 82
BBVA Martin Ratio Rank: 83

DSY.PA

DSY.PA Risk / Return Rank: 5
DSY.PA Sharpe Ratio Rank: 3
DSY.PA Sortino Ratio Rank: 6
DSY.PA Omega Ratio Rank: 3
DSY.PA Calmar Ratio Rank: 7
DSY.PA Martin Ratio Rank: 5

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. DSY.PA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) and Dassault Systèmes SE (DSY.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.

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	DSY.PA	Difference
Sharpe ratio: Return per unit of total volatility	1.78	-1.16	+2.94
Sortino ratio: Return per unit of downside risk	2.35	-1.54	+3.89
Omega ratio: Gain probability vs. loss probability	1.30	0.76	+0.54
Calmar ratio: Return relative to maximum drawdown	2.73	-0.91	+3.64
Martin ratio: Return relative to average drawdown	7.12	-1.54	+8.66

BBVA vs. DSY.PA - Sharpe Ratio Comparison

The current BBVA Sharpe Ratio is 1.78, which is higher than the DSY.PA Sharpe Ratio of -1.16. The chart below compares the historical Sharpe Ratios of BBVA and DSY.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.

Drawdowns

BBVA vs. DSY.PA - Drawdown Comparison

The maximum BBVA drawdown since its inception was -78.31%, which is greater than DSY.PA's maximum drawdown of -69.54%. Use the drawdown chart below to compare losses from any high point for BBVA and DSY.PA.

Drawdown Indicators

	BBVA	DSY.PA	Difference
Max Drawdown Largest peak-to-trough decline	-78.31%	-69.54%	-8.77%
Max Drawdown (1Y) Largest decline over 1 year	-22.14%	-49.78%	+27.64%
Max Drawdown (3Y) Largest decline over 3 years	-22.14%	-63.50%	+41.36%
Max Drawdown (5Y) Largest decline over 5 years	-42.28%	-69.54%	+27.26%
Max Drawdown (10Y) Largest decline over 10 years	-69.63%	-69.54%	-0.09%
Current Drawdown Current decline from peak	-7.82%	-67.51%	+59.69%
Average Drawdown Average peak-to-trough decline	-29.08%	-15.48%	-13.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.47%	29.55%	-21.08%

Volatility

BBVA vs. DSY.PA - Volatility Comparison

The current volatility for Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) is 9.96%, while Dassault Systèmes SE (DSY.PA) has a volatility of 15.65%. This indicates that BBVA experiences smaller price fluctuations and is considered to be less risky than DSY.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBVA	DSY.PA	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.96%	15.65%	-5.69%
Volatility (6M) Calculated over the trailing 6-month period	27.04%	35.33%	-8.29%
Volatility (1Y) Calculated over the trailing 1-year period	33.90%	39.07%	-5.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.60%	32.07%	+1.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.27%	29.64%	+6.63%

Dividends

BBVA vs. DSY.PA - Dividend Comparison

BBVA's dividend yield for the trailing twelve months is around 4.64%, more than DSY.PA's 1.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBVA Banco Bilbao Vizcaya Argentaria, S.A.	4.64%	3.51%	7.71%	5.51%	6.29%	2.79%	3.50%	5.23%	5.75%	5.17%	6.02%	4.29%
DSY.PA Dassault Systèmes SE	1.57%	1.09%	0.69%	0.47%	0.51%	1.07%	2.11%	2.22%	2.80%	2.99%	3.25%	2.92%

Financials

Frequently Asked Questions

Can I hold both BBVA and DSY.PA in my portfolio?

BBVA and DSY.PA have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.