BSD2.DE vs. CMBT
BSD2.DE (Banco Santander S.A) and CMBT (Cmb.Tech NV) are both stocks. BSD2.DE operates in Banks - Diversified (Financial Services), while CMBT operates in Oil & Gas Midstream (Energy). Over the past 10 years, BSD2.DE returned 15.07%/yr vs 10.16%/yr for CMBT. At a 0.20 correlation, their price movements are largely independent.
Performance
BSD2.DE vs. CMBT - Performance Comparison
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Different Trading Currencies
BSD2.DE is traded in EUR, while CMBT is traded in USD. To make them comparable, the CMBT values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, BSD2.DE achieves a 7.37% return, which is significantly lower than CMBT's 65.69% return. Over the past 10 years, BSD2.DE has outperformed CMBT with an annualized return of 15.07%, while CMBT has yielded a comparatively lower 10.16% annualized return.
BSD2.DE
- 1D
- 1.28%
- 1M
- 1.38%
- YTD
- 7.37%
- 6M
- 14.54%
- 1Y
- 55.84%
- 3Y*
- 55.17%
- 5Y*
- 30.18%
- 10Y*
- 15.07%
CMBT
- 1D
- 3.17%
- 1M
- 6.31%
- YTD
- 65.69%
- 6M
- 46.58%
- 1Y
- 66.25%
- 3Y*
- 6.04%
- 5Y*
- 18.29%
- 10Y*
- 10.16%
BSD2.DE vs. CMBT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BSD2.DE Banco Santander S.A | 7.37% | 137.11% | 20.84% | 41.19% | -0.53% | 15.93% | -24.21% | -0.16% | -24.64% | 17.95% |
CMBT Cmb.Tech NV | 65.69% | -13.89% | -30.91% | 14.20% | 105.18% | 21.03% | -30.57% | 87.51% | -20.47% | 5.77% |
Correlation
The correlation between BSD2.DE and CMBT is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2015 | 0.20 |
The correlation between BSD2.DE and CMBT shifts across timeframes, from 0.07 (3 years) to 0.20 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
BSD2.DE vs. CMBT — Risk / Return Rank
BSD2.DE
CMBT
BSD2.DE vs. CMBT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Banco Santander S.A (BSD2.DE) and Cmb.Tech NV (CMBT). 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.
| BSD2.DE | CMBT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.33 | ||
| Sortino ratioReturn per unit of downside risk | +0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.26 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.35 | 3.15 | +0.21 |
| Martin ratioReturn relative to average drawdown | 10.62 | 7.68 | +2.94 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BSD2.DE | CMBT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.95 | 1.61 | +0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.95 | 0.43 | +0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.25 | +0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.22 | -0.10 |
Drawdowns
BSD2.DE vs. CMBT - Drawdown Comparison
The maximum BSD2.DE drawdown since its inception was -78.33%, which is greater than CMBT's maximum drawdown of -59.93%. Use the drawdown chart below to compare losses from any high point for BSD2.DE and CMBT.
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Drawdown Indicators
| BSD2.DE | CMBT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.33% | -59.93% | -18.40% |
Max Drawdown (1Y)Largest decline over 1 year | -17.30% | -21.16% | +3.86% |
Max Drawdown (3Y)Largest decline over 3 years | -20.99% | -59.93% | +38.94% |
Max Drawdown (5Y)Largest decline over 5 years | -32.08% | -59.93% | +27.85% |
Max Drawdown (10Y)Largest decline over 10 years | -71.03% | -59.93% | -11.10% |
Current DrawdownCurrent decline from peak | -2.77% | -19.34% | +16.57% |
Average DrawdownAverage peak-to-trough decline | -33.60% | -27.00% | -6.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.47% | 8.65% | -3.18% |
Volatility
BSD2.DE vs. CMBT - Volatility Comparison
The current volatility for Banco Santander S.A (BSD2.DE) is 7.94%, while Cmb.Tech NV (CMBT) has a volatility of 13.82%. This indicates that BSD2.DE experiences smaller price fluctuations and is considered to be less risky than CMBT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BSD2.DE | CMBT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.94% | 13.82% | -5.88% |
Volatility (6M)Calculated over the trailing 6-month period | 23.46% | 29.35% | -5.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.80% | 41.32% | -11.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.44% | 42.97% | -11.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.60% | 40.90% | -7.30% |
Dividends
BSD2.DE vs. CMBT - Dividend Comparison
BSD2.DE's dividend yield for the trailing twelve months is around 2.24%, less than CMBT's 6.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSD2.DE Banco Santander S.A | 2.24% | 2.23% | 4.44% | 3.71% | 3.92% | 2.60% | 3.87% | 6.15% | 5.62% | 4.03% | 2.05% | 7.56% |
CMBT Cmb.Tech NV | 6.09% | 0.52% | 25.18% | 12.23% | 0.70% | 1.35% | 20.75% | 0.96% | 1.73% | 3.03% | 17.23% | 6.35% |
Financials
BSD2.DE vs. CMBT - Financials Comparison
This section allows you to compare key financial metrics between Banco Santander S.A and Cmb.Tech NV. 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
Frequently Asked Questions
BSD2.DE and CMBT have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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