CAAP vs. ^SP500TR

Last updated Apr 2, 2026

Compare and contrast key facts about Corporación América Airports S.A. (CAAP) and S&P 500 Total Return (^SP500TR).

Performance

CAAP vs. ^SP500TR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Corporación América Airports S.A. (CAAP) and S&P 500 Total Return (^SP500TR). The values are adjusted to include any dividend payments, if applicable.

CAAP vs. ^SP500TR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
CAAP Corporación América Airports S.A.	-0.42%	39.34%	16.19%	83.96%	51.30%	44.61%	-33.50%	-9.50%	-59.57%
^SP500TR S&P 500 Total Return	-3.64%	17.88%	25.02%	26.29%	-18.11%	28.71%	18.40%	31.49%	-9.52%

Returns By Period

In the year-to-date period, CAAP achieves a -0.42% return, which is significantly higher than ^SP500TR's -3.64% return.

CAAP

• 1D: 2.37%
• 1M: -8.77%
• YTD: -0.42%
• 6M: 46.02%
• 1Y: 38.30%
• 3Y*: 36.50%
• 5Y*: 39.05%
• 10Y*: —

^SP500TR

• 1D: 0.72%
• 1M: -4.34%
• YTD: -3.64%
• 6M: -1.43%
• 1Y: 18.20%
• 3Y*: 18.60%
• 5Y*: 11.96%
• 10Y*: 14.17%

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

Return for Risk

CAAP vs. ^SP500TR — Risk / Return Rank

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

CAAP

CAAP Risk / Return Rank: 71
CAAP Sharpe Ratio Rank: 72
CAAP Sortino Ratio Rank: 70
CAAP Omega Ratio Rank: 67
CAAP Calmar Ratio Rank: 75
CAAP Martin Ratio Rank: 74

^SP500TR

^SP500TR Risk / Return Rank: 72
^SP500TR Sharpe Ratio Rank: 66
^SP500TR Sortino Ratio Rank: 69
^SP500TR Omega Ratio Rank: 74
^SP500TR Calmar Ratio Rank: 67
^SP500TR Martin Ratio Rank: 83

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.

CAAP vs. ^SP500TR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Corporación América Airports S.A. (CAAP) and S&P 500 Total Return (^SP500TR). 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.

	CAAP	^SP500TR	Difference
Sharpe ratio Return per unit of total volatility	0.96	1.00	-0.04
Sortino ratio Return per unit of downside risk	1.63	1.52	+0.11
Omega ratio Gain probability vs. loss probability	1.20	1.23	-0.03
Calmar ratio Return relative to maximum drawdown	1.91	1.54	+0.37
Martin ratio Return relative to average drawdown	4.37	7.32	-2.95
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CAAP vs. ^SP500TR - Sharpe Ratio Comparison

The current CAAP Sharpe Ratio is 0.96, which is comparable to the ^SP500TR Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of CAAP and ^SP500TR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CAAP	^SP500TR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.96	1.00	-0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.09	0.71	+0.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	0.62	-0.52

Correlation

The correlation between CAAP and ^SP500TR is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

CAAP vs. ^SP500TR - Drawdown Comparison

The maximum CAAP drawdown since its inception was -89.88%, which is greater than ^SP500TR's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for CAAP and ^SP500TR.

Drawdown Indicators

	CAAP	^SP500TR	Difference
Max Drawdown Largest peak-to-trough decline	-89.88%	-55.25%	-34.63%
Max Drawdown (1Y) Largest decline over 1 year	-21.68%	-12.12%	-9.56%
Max Drawdown (5Y) Largest decline over 5 years	-26.63%	-24.49%	-2.14%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.79%	—
Current Drawdown Current decline from peak	-14.70%	-5.55%	-9.15%
Average Drawdown Average peak-to-trough decline	-43.12%	-8.20%	-34.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.49%	2.55%	+6.94%

Volatility

CAAP vs. ^SP500TR - Volatility Comparison

Corporación América Airports S.A. (CAAP) has a higher volatility of 13.23% compared to S&P 500 Total Return (^SP500TR) at 5.38%. This indicates that CAAP's price experiences larger fluctuations and is considered to be riskier than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CAAP	^SP500TR	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.23%	5.38%	+7.85%
Volatility (6M) Calculated over the trailing 6-month period	28.34%	9.55%	+18.79%
Volatility (1Y) Calculated over the trailing 1-year period	40.19%	18.32%	+21.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.86%	16.90%	+18.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.86%	18.05%	+34.81%