BNAI vs. SPPL

Last updated Aug 1, 2026

BNAI (Brand Engagement Network Inc) and SPPL (SIMPPLE LTD. Ordinary Shares) are both stocks. Both are in the Technology sector — BNAI in Software - Infrastructure, SPPL in Software - Application. Over the past year, BNAI returned 245.43% vs 23.50% for SPPL. Their 0.02 correlation means their historical movements had little consistent relationship.

Performance

BNAI vs. SPPL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brand Engagement Network Inc (BNAI) and SIMPPLE LTD. Ordinary Shares (SPPL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BNAI achieves a 404.74% return, which is significantly higher than SPPL's -18.35% return.

BNAI

• 1D: -2.01%
• 1M: -31.88%
• 6M: -52.69%
• YTD: 404.74%
• 1Y: 245.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -59.16%

SPPL

• 1D: 4.52%
• 1M: -0.29%
• 6M: 6.77%
• YTD: -18.35%
• 1Y: 23.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -56.91%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BNAI Brand Engagement Network Inc	$1.83M	$2.48M	$9.48M
SPPL SIMPPLE LTD. Ordinary Shares	$171.68K	$190.42K	$3.56M

BNAI vs. SPPL - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BNAI Brand Engagement Network Inc	404.74%	-76.18%	-90.12%
SPPL SIMPPLE LTD. Ordinary Shares	-18.35%	-46.88%	-17.36%

Correlation

The correlation between BNAI and SPPL is -0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.08
Correlation (All Time) Calculated using the full available price history since Mar 14, 2024	0.02

The correlation between BNAI and SPPL shifts across timeframes, from -0.08 (1 year) to 0.02 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap BNAI : $56.92M SPPL : $16.91M
EPS BNAI : -$2.01 SPPL : -SGD 1.34
PS Ratio BNAI : 182.85 SPPL : 2.92
PB Ratio BNAI : 14.80 SPPL : 7.51
Total Revenue (TTM) BNAI : $275.12K SPPL : SGD 8.82M
Gross Profit (TTM) BNAI : $0.00 SPPL : SGD 4.79M
EBITDA (TTM) BNAI : -$8.76M SPPL : -SGD 7.00M

Return for Risk

BNAI vs. SPPL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BNAI

BNAI Risk / Return Rank: 86
BNAI Sharpe Ratio Rank: 68
BNAI Sortino Ratio Rank: 98
BNAI Omega Ratio Rank: 97
BNAI Calmar Ratio Rank: 87
BNAI Martin Ratio Rank: 79

SPPL

SPPL Risk / Return Rank: 54
SPPL Sharpe Ratio Rank: 52
SPPL Sortino Ratio Rank: 59
SPPL Omega Ratio Rank: 57
SPPL Calmar Ratio Rank: 51
SPPL Martin Ratio Rank: 50

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BNAI vs. SPPL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brand Engagement Network Inc (BNAI) and SIMPPLE LTD. Ordinary Shares (SPPL). 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.

	BNAI	SPPL	Difference
Sharpe ratio: Return per unit of total volatility	0.68	0.19	+0.49
Sortino ratio: Return per unit of downside risk	4.59	1.01	+3.58
Omega ratio: Gain probability vs. loss probability	1.55	1.12	+0.43
Calmar ratio: Return relative to maximum drawdown	3.02	0.24	+2.78
Martin ratio: Return relative to average drawdown	4.93	0.39	+4.53

BNAI vs. SPPL - Sharpe Ratio Comparison

The current BNAI Sharpe Ratio is 0.68, which is higher than the SPPL Sharpe Ratio of 0.19. The chart below compares the historical Sharpe Ratios of BNAI and SPPL, 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

BNAI vs. SPPL - Drawdown Comparison

The maximum BNAI drawdown since its inception was -99.13%, roughly equal to the maximum SPPL drawdown of -97.62%. Use the drawdown chart below to compare losses from any high point for BNAI and SPPL.

Drawdown Indicators

	BNAI	SPPL	Difference
Max Drawdown Largest peak-to-trough decline	-99.13%	-97.62%	-1.51%
Max Drawdown (1Y) Largest decline over 1 year	-83.05%	-72.81%	-10.24%
Current Drawdown Current decline from peak	-91.48%	-95.41%	+3.93%
Average Drawdown Average peak-to-trough decline	-88.34%	-81.91%	-6.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	50.87%	44.83%	+6.04%

Volatility

BNAI vs. SPPL - Volatility Comparison

Brand Engagement Network Inc (BNAI) has a higher volatility of 23.92% compared to SIMPPLE LTD. Ordinary Shares (SPPL) at 18.86%. This indicates that BNAI's price experiences larger fluctuations and is considered to be riskier than SPPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BNAI	SPPL	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.92%	18.86%	+5.06%
Volatility (6M) Calculated over the trailing 6-month period	133.56%	64.33%	+69.23%
Volatility (1Y) Calculated over the trailing 1-year period	368.23%	93.76%	+274.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	287.56%	201.53%	+86.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	287.56%	201.53%	+86.03%

Dividends

BNAI vs. SPPL - Dividend Comparison

Neither BNAI nor SPPL has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both BNAI and SPPL in my portfolio?

BNAI and SPPL have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BNAI or SPPL?

BNAI has higher volatility (23.92%) compared to SPPL (18.86%). In terms of maximum drawdown, BNAI dropped -99.13% vs SPPL's -97.62%.

Which has better risk-adjusted returns?

BNAI currently has the higher Sharpe Ratio (0.68 vs 0.19), 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.