BSAC vs. KOMP

Last updated Jun 5, 2026

BSAC (Banco Santander-Chile) is a stock, while KOMP (SPDR S&P Kensho New Economies Composite ETF) is Mid Cap Growth Equities fund tracking the S&P Kensho New Economies Composite Index. Over the past 5 years, BSAC returned 13.74%/yr vs 3.52%/yr for KOMP. At a 0.38 correlation, their price movements are largely independent.

Performance

BSAC vs. KOMP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Banco Santander-Chile (BSAC) and SPDR S&P Kensho New Economies Composite ETF (KOMP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BSAC achieves a 3.32% return, which is significantly lower than KOMP's 24.57% return.

BSAC

• 1D: 1.22%
• 1M: 0.86%
• YTD: 3.32%
• 6M: 3.75%
• 1Y: 30.34%
• 3Y*: 24.80%
• 5Y*: 13.74%
• 10Y*: 10.30%

KOMP

• 1D: 0.79%
• 1M: 10.82%
• YTD: 24.57%
• 6M: 20.62%
• 1Y: 47.30%
• 3Y*: 22.37%
• 5Y*: 3.52%
• 10Y*: —

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

BSAC vs. KOMP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BSAC Banco Santander-Chile	3.32%	74.42%	1.00%	31.92%	2.99%	-11.02%	-13.01%	-19.87%	0.07%
KOMP SPDR S&P Kensho New Economies Composite ETF	24.57%	19.74%	10.05%	20.09%	-32.21%	3.67%	61.28%	37.12%	-10.32%

Correlation

The correlation between BSAC and KOMP is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (All Time) Calculated using the full available price history since Oct 24, 2018	0.38

Return for Risk

BSAC vs. KOMP — Risk / Return Rank

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

BSAC

BSAC Risk / Return Rank: 69
BSAC Sharpe Ratio Rank: 73
BSAC Sortino Ratio Rank: 66
BSAC Omega Ratio Rank: 65
BSAC Calmar Ratio Rank: 71
BSAC Martin Ratio Rank: 72

KOMP

KOMP Risk / Return Rank: 59
KOMP Sharpe Ratio Rank: 63
KOMP Sortino Ratio Rank: 58
KOMP Omega Ratio Rank: 55
KOMP Calmar Ratio Rank: 63
KOMP Martin Ratio Rank: 58

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.

BSAC vs. KOMP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Banco Santander-Chile (BSAC) and SPDR S&P Kensho New Economies Composite ETF (KOMP). 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.

	BSAC	KOMP	Difference
Sharpe ratio: Return per unit of total volatility	1.08	2.06	-0.98
Sortino ratio: Return per unit of downside risk	1.56	2.70	-1.14
Omega ratio: Gain probability vs. loss probability	1.19	1.34	-0.14
Calmar ratio: Return relative to maximum drawdown	1.65	3.07	-1.41
Martin ratio: Return relative to average drawdown	4.09	9.98	-5.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BSAC vs. KOMP - Sharpe Ratio Comparison

The current BSAC Sharpe Ratio is 1.08, which is lower than the KOMP Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of BSAC and KOMP, 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

	BSAC	KOMP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.08	2.06	-0.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.14	+0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.33	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.53	-0.24

Drawdowns

BSAC vs. KOMP - Drawdown Comparison

The maximum BSAC drawdown since its inception was -63.90%, which is greater than KOMP's maximum drawdown of -50.06%. Use the drawdown chart below to compare losses from any high point for BSAC and KOMP.

Drawdown Indicators

	BSAC	KOMP	Difference
Max Drawdown Largest peak-to-trough decline	-63.90%	-50.06%	-13.84%
Max Drawdown (1Y) Largest decline over 1 year	-18.42%	-15.50%	-2.92%
Max Drawdown (3Y) Largest decline over 3 years	-20.67%	-24.93%	+4.26%
Max Drawdown (5Y) Largest decline over 5 years	-37.02%	-45.38%	+8.36%
Max Drawdown (10Y) Largest decline over 10 years	-63.90%	—	—
Current Drawdown Current decline from peak	-14.20%	-1.28%	-12.92%
Average Drawdown Average peak-to-trough decline	-19.33%	-21.68%	+2.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.44%	4.75%	+2.69%

Volatility

BSAC vs. KOMP - Volatility Comparison

Banco Santander-Chile (BSAC) has a higher volatility of 9.65% compared to SPDR S&P Kensho New Economies Composite ETF (KOMP) at 7.40%. This indicates that BSAC's price experiences larger fluctuations and is considered to be riskier than KOMP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BSAC	KOMP	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.65%	7.40%	+2.25%
Volatility (6M) Calculated over the trailing 6-month period	24.22%	17.96%	+6.26%
Volatility (1Y) Calculated over the trailing 1-year period	28.26%	23.12%	+5.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.41%	24.77%	+4.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.85%	27.01%	+3.84%

Dividends

BSAC vs. KOMP - Dividend Comparison

BSAC's dividend yield for the trailing twelve months is around 4.96%, more than KOMP's 1.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BSAC Banco Santander-Chile	4.96%	4.34%	4.10%	6.54%	7.70%	5.70%	4.64%	4.91%	4.97%	2.73%	3.94%	5.12%
KOMP SPDR S&P Kensho New Economies Composite ETF	1.42%	1.84%	1.04%	1.27%	1.47%	1.44%	0.69%	0.81%	0.13%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BSAC and KOMP in my portfolio?

BSAC and KOMP have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BSAC or KOMP?

BSAC has higher volatility (9.65%) compared to KOMP (7.40%). In terms of maximum drawdown, BSAC dropped -63.90% vs KOMP's -50.06%.

Which has better risk-adjusted returns?

KOMP currently has the higher Sharpe Ratio (2.06 vs 1.08), 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.