BSAC vs. BBD
BSAC (Banco Santander-Chile) and BBD (Banco Bradesco S.A.) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, BSAC returned 10.53%/yr vs 2.07%/yr for BBD. Their 0.48 correlation means their historical movements had little consistent relationship.
Performance
BSAC vs. BBD - Performance Comparison
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Returns By Period
In the year-to-date period, BSAC achieves a 16.78% return, which is significantly higher than BBD's 13.03% return. Over the past 10 years, BSAC has outperformed BBD with an annualized return of 10.53%, while BBD has yielded a comparatively lower 2.07% annualized return.
BSAC
- 1D
- -1.31%
- 1M
- 5.97%
- 6M
- 3.15%
- YTD
- 16.78%
- 1Y
- 57.07%
- 3Y*
- 24.04%
- 5Y*
- 18.43%
- 10Y*
- 10.53%
- ALL TIME*
- 9.13%
BBD
- 1D
- 0.56%
- 1M
- 6.80%
- 6M
- -7.16%
- YTD
- 13.03%
- 1Y
- 39.84%
- 3Y*
- 10.74%
- 5Y*
- 4.13%
- 10Y*
- 2.07%
- ALL TIME*
- 11.11%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $101.51M | $108.96M | $109.99M | |
| $9.37M | $10.64M | $12.51M |
BSAC vs. BBD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BSAC Banco Santander-Chile | 16.78% | 74.42% | 1.00% | 31.92% | 2.99% | -11.02% | -13.01% | -19.87% | -0.13% | 48.06% |
BBD Banco Bradesco S.A. | 13.03% | 95.27% | -41.93% | 35.20% | -5.19% | -31.96% | -39.58% | 15.02% | 10.05% | 36.27% |
Correlation
The correlation between BSAC and BBD is 0.61, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.61 |
Correlation (3Y) Balances recent behavior with more history. | 0.49 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.47 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.46 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 2001 | 0.48 |
The correlation between BSAC and BBD shifts across timeframes, from 0.46 (10 years) to 0.61 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
BSAC:
$16.31B
BBD:
$38.18B
BSAC:
CLP 2.39K
BBD:
R$2.14
BSAC:
13.45
BBD:
8.52
BSAC:
1.03
BBD:
1.40
BSAC:
3.12
BBD:
0.52
BSAC:
3.05
BBD:
5.61
BSAC:
CLP 4.85T
BBD:
R$369.74B
BSAC:
CLP 3.06T
BBD:
R$131.29B
BSAC:
CLP 1.51T
BBD:
-R$2.27B
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Return for Risk
BSAC vs. BBD — Risk / Return Rank
BSAC
BBD
BSAC vs. BBD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Banco Santander-Chile (BSAC) and Banco Bradesco S.A. (BBD). 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.
| BSAC | BBD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.76 | ||
| Sortino ratioReturn per unit of downside risk | +0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.22 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.16 | 1.94 | +1.22 |
| Martin ratioReturn relative to average drawdown | 7.59 | 4.36 | +3.24 |
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Drawdowns
BSAC vs. BBD - Drawdown Comparison
The maximum BSAC drawdown since its inception was -63.90%, smaller than the maximum BBD drawdown of -72.89%. Use the drawdown chart below to compare losses from any high point for BSAC and BBD.
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Drawdown Indicators
| BSAC | BBD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.90% | -72.89% | +8.99% |
Max Drawdown (1Y)Largest decline over 1 year | -18.42% | -21.69% | +3.27% |
Max Drawdown (3Y)Largest decline over 3 years | -18.42% | -43.94% | +25.52% |
Max Drawdown (5Y)Largest decline over 5 years | -37.02% | -47.43% | +10.41% |
Max Drawdown (10Y)Largest decline over 10 years | -63.90% | -72.89% | +8.99% |
Current DrawdownCurrent decline from peak | -3.02% | -38.89% | +35.87% |
Average DrawdownAverage peak-to-trough decline | -19.27% | -31.10% | +11.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.65% | 9.64% | -1.99% |
Volatility
BSAC vs. BBD - Volatility Comparison
The current volatility for Banco Santander-Chile (BSAC) is 7.20%, while Banco Bradesco S.A. (BBD) has a volatility of 7.84%. This indicates that BSAC experiences smaller price fluctuations and is considered to be less risky than BBD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BSAC | BBD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.20% | 7.84% | -0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 24.23% | 25.02% | -0.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.01% | 33.79% | -4.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.33% | 38.49% | -9.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.92% | 42.51% | -11.59% |
Dividends
BSAC vs. BBD - Dividend Comparison
BSAC's dividend yield for the trailing twelve months is around 4.39%, less than BBD's 8.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBD Banco Bradesco S.A. | 8.12% | 9.26% | 8.06% | 9.57% | 2.87% | 5.79% | 2.70% | 5.52% | 3.10% | 5.05% | 3.65% | 6.57% |
BSAC Banco Santander-Chile | 4.39% | 4.34% | 4.10% | 6.54% | 7.70% | 5.70% | 4.64% | 4.91% | 4.97% | 2.73% | 3.94% | 5.12% |
Financials
BSAC vs. BBD - Financials Comparison
This section allows you to compare key financial metrics between Banco Santander-Chile and Banco Bradesco 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
BSAC vs. BBD - Profitability Comparison
BSAC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Banco Santander-Chile reported a gross profit of 705.96B and revenue of 1.23T. Therefore, the gross margin over that period was 57.6%.
BBD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Banco Bradesco S.A. reported a gross profit of 35.56B and revenue of 97.75B. Therefore, the gross margin over that period was 36.4%.
BSAC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Banco Santander-Chile reported an operating income of 450.97B and revenue of 1.23T, resulting in an operating margin of 36.8%.
BBD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Banco Bradesco S.A. reported an operating income of 7.68B and revenue of 97.75B, resulting in an operating margin of 7.9%.
BSAC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Banco Santander-Chile reported a net income of 382.57B and revenue of 1.23T, resulting in a net margin of 31.2%.
BBD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Banco Bradesco S.A. reported a net income of 5.08B and revenue of 97.75B, resulting in a net margin of 5.2%.
Frequently Asked Questions
BSAC and BBD have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BBD has higher volatility (7.84%) compared to BSAC (7.20%). In terms of maximum drawdown, BSAC dropped -63.90% vs BBD's -72.89%.
BSAC currently has the higher Sharpe Ratio (2.01 vs 1.24), 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.
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