BSP.DE vs. ^STOXX

Last updated Jun 5, 2026

BSP.DE (BAE Systems plc) is a stock, while ^STOXX (STOXX Europe 600 Index) is an index. Over the past 5 years, BSP.DE returned 32.71%/yr vs 6.65%/yr for ^STOXX. At a 0.31 correlation, their price movements are largely independent.

Performance

BSP.DE vs. ^STOXX - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in BAE Systems plc (BSP.DE) and STOXX Europe 600 Index (^STOXX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BSP.DE achieves a 14.05% return, which is significantly higher than ^STOXX's 5.45% return.

BSP.DE

• 1D: 0.59%
• 1M: -7.97%
• YTD: 14.05%
• 6M: 16.08%
• 1Y: -4.04%
• 3Y*: 29.69%
• 5Y*: 32.71%
• 10Y*: —

^STOXX

• 1D: 0.52%
• 1M: 2.42%
• YTD: 5.45%
• 6M: 7.88%
• 1Y: 13.33%
• 3Y*: 10.73%
• 5Y*: 6.65%
• 10Y*: 6.19%

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

BSP.DE vs. ^STOXX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
BSP.DE BAE Systems plc	14.05%	45.30%	8.80%	37.83%	54.55%	23.72%	-10.55%	0.90%
^STOXX STOXX Europe 600 Index	5.45%	16.66%	5.98%	12.73%	-12.90%	22.25%	-4.04%	-0.58%

Correlation

The correlation between BSP.DE and ^STOXX is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.24
Correlation (All Time) Calculated using the full available price history since Dec 24, 2019	0.31

Return for Risk

BSP.DE vs. ^STOXX — Risk / Return Rank

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

BSP.DE

BSP.DE Risk / Return Rank: 34
BSP.DE Sharpe Ratio Rank: 36
BSP.DE Sortino Ratio Rank: 31
BSP.DE Omega Ratio Rank: 31
BSP.DE Calmar Ratio Rank: 36
BSP.DE Martin Ratio Rank: 35

^STOXX

^STOXX Risk / Return Rank: 45
^STOXX Sharpe Ratio Rank: 45
^STOXX Sortino Ratio Rank: 45
^STOXX Omega Ratio Rank: 46
^STOXX Calmar Ratio Rank: 42
^STOXX Martin Ratio Rank: 47

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.

BSP.DE vs. ^STOXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BAE Systems plc (BSP.DE) and STOXX Europe 600 Index (^STOXX). 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.

	BSP.DE	^STOXX	Difference
Sharpe ratio: Return per unit of total volatility	-0.13	1.07	-1.20
Sortino ratio: Return per unit of downside risk	0.04	1.60	-1.56
Omega ratio: Gain probability vs. loss probability	1.00	1.20	-0.20
Calmar ratio: Return relative to maximum drawdown	-0.17	1.37	-1.55
Martin ratio: Return relative to average drawdown	-0.37	4.91	-5.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BSP.DE vs. ^STOXX - Sharpe Ratio Comparison

The current BSP.DE Sharpe Ratio is -0.13, which is lower than the ^STOXX Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of BSP.DE and ^STOXX, 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

	BSP.DE	^STOXX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.13	1.07	-1.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.15	0.47	+0.68
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.40	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	0.31	+0.51

Drawdowns

BSP.DE vs. ^STOXX - Drawdown Comparison

The maximum BSP.DE drawdown since its inception was -41.54%, smaller than the maximum ^STOXX drawdown of -61.04%. Use the drawdown chart below to compare losses from any high point for BSP.DE and ^STOXX.

Drawdown Indicators

	BSP.DE	^STOXX	Difference
Max Drawdown Largest peak-to-trough decline	-41.54%	-61.04%	+19.50%
Max Drawdown (1Y) Largest decline over 1 year	-23.11%	-9.56%	-13.55%
Max Drawdown (3Y) Largest decline over 3 years	-23.11%	-16.56%	-6.55%
Max Drawdown (5Y) Largest decline over 5 years	-23.11%	-22.55%	-0.56%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.55%	—
Current Drawdown Current decline from peak	-17.23%	-1.48%	-15.75%
Average Drawdown Average peak-to-trough decline	-9.15%	-16.77%	+7.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.39%	2.67%	+7.72%

Volatility

BSP.DE vs. ^STOXX - Volatility Comparison

BAE Systems plc (BSP.DE) has a higher volatility of 11.03% compared to STOXX Europe 600 Index (^STOXX) at 3.63%. This indicates that BSP.DE's price experiences larger fluctuations and is considered to be riskier than ^STOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BSP.DE	^STOXX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.03%	3.63%	+7.40%
Volatility (6M) Calculated over the trailing 6-month period	24.76%	10.21%	+14.55%
Volatility (1Y) Calculated over the trailing 1-year period	31.80%	12.22%	+19.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.37%	13.98%	+14.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.50%	15.31%	+16.19%

Frequently Asked Questions

Can I hold both BSP.DE and ^STOXX in my portfolio?

BSP.DE and ^STOXX have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.