CAIXY vs. SAN
CAIXY (Caixabank SA ADR) and SAN (Banco Santander, S.A.) are both stocks. Both are in the Financial Services sector — CAIXY in Banks - Regional, SAN in Banks - Diversified. Over the past 10 years, CAIXY returned 24.36%/yr vs 14.86%/yr for SAN. At a 0.49 correlation, their price movements are largely independent.
Performance
CAIXY vs. SAN - Performance Comparison
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Returns By Period
In the year-to-date period, CAIXY achieves a 12.25% return, which is significantly higher than SAN's 4.95% return. Over the past 10 years, CAIXY has outperformed SAN with an annualized return of 24.36%, while SAN has yielded a comparatively lower 14.86% annualized return.
CAIXY
- 1D
- -1.68%
- 1M
- 8.64%
- YTD
- 12.25%
- 6M
- 19.95%
- 1Y
- 65.31%
- 3Y*
- 64.50%
- 5Y*
- 41.27%
- 10Y*
- 24.36%
SAN
- 1D
- -2.01%
- 1M
- 5.28%
- YTD
- 4.95%
- 6M
- 12.63%
- 1Y
- 57.67%
- 3Y*
- 58.16%
- 5Y*
- 28.04%
- 10Y*
- 14.86%
CAIXY vs. SAN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CAIXY Caixabank SA ADR | 12.25% | 149.59% | 46.64% | 16.68% | 45.44% | 10.31% | -14.12% | -10.97% | -23.98% | 52.94% |
SAN Banco Santander, S.A. | 4.95% | 164.72% | 14.96% | 46.20% | -6.62% | 10.41% | -21.99% | -2.32% | -28.49% | 32.28% |
Correlation
The correlation between CAIXY and SAN is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Dec 5, 2012 | 0.49 |
Over the past year, CAIXY and SAN have become more correlated (0.71) than their long-term average of 0.49, meaning their price movements have been converging.
Fundamentals
CAIXY:
$92.10B
SAN:
$178.48B
CAIXY:
$0.28
SAN:
$1.06
CAIXY:
15.52
SAN:
11.45
CAIXY:
1.24
SAN:
0.60
CAIXY:
4.76
SAN:
2.48
CAIXY:
2.49
SAN:
1.68
CAIXY:
$19.49B
SAN:
$74.92B
CAIXY:
$12.00B
SAN:
$46.97B
CAIXY:
$8.98B
SAN:
$21.14B
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Return for Risk
CAIXY vs. SAN — Risk / Return Rank
CAIXY
SAN
CAIXY vs. SAN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Caixabank SA ADR (CAIXY) and Banco Santander, S.A. (SAN). 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.
| CAIXY | SAN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.59 | ||
| Sortino ratioReturn per unit of downside risk | +0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.29 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.85 | 2.86 | +1.00 |
| Martin ratioReturn relative to average drawdown | 12.72 | 8.88 | +3.84 |
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
| CAIXY | SAN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.36 | 1.76 | +0.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.96 | 0.84 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | 0.42 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.23 | +0.05 |
Drawdowns
CAIXY vs. SAN - Drawdown Comparison
The maximum CAIXY drawdown since its inception was -74.24%, smaller than the maximum SAN drawdown of -82.94%. Use the drawdown chart below to compare losses from any high point for CAIXY and SAN.
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Drawdown Indicators
| CAIXY | SAN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.24% | -82.94% | +8.70% |
Max Drawdown (1Y)Largest decline over 1 year | -17.04% | -20.29% | +3.25% |
Max Drawdown (3Y)Largest decline over 3 years | -31.74% | -20.29% | -11.45% |
Max Drawdown (5Y)Largest decline over 5 years | -31.74% | -43.63% | +11.89% |
Max Drawdown (10Y)Largest decline over 10 years | -70.45% | -73.84% | +3.39% |
Current DrawdownCurrent decline from peak | -1.68% | -6.81% | +5.13% |
Average DrawdownAverage peak-to-trough decline | -32.59% | -30.68% | -1.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.15% | 6.51% | -1.36% |
Volatility
CAIXY vs. SAN - Volatility Comparison
The current volatility for Caixabank SA ADR (CAIXY) is 7.97%, while Banco Santander, S.A. (SAN) has a volatility of 9.58%. This indicates that CAIXY experiences smaller price fluctuations and is considered to be less risky than SAN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CAIXY | SAN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.97% | 9.58% | -1.61% |
Volatility (6M)Calculated over the trailing 6-month period | 22.64% | 26.67% | -4.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.99% | 32.93% | -4.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.33% | 33.76% | +9.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.29% | 35.85% | +11.44% |
Dividends
CAIXY vs. SAN - Dividend Comparison
CAIXY's dividend yield for the trailing twelve months is around 4.40%, more than SAN's 2.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAIXY Caixabank SA ADR | 4.40% | 6.82% | 10.76% | 6.11% | 4.26% | 1.22% | 2.17% | 2.69% | 3.70% | 3.16% | 2.70% | 2.71% |
SAN Banco Santander, S.A. | 2.30% | 2.11% | 4.63% | 3.58% | 3.83% | 2.71% | 0.00% | 6.20% | 5.83% | 4.60% | 3.29% | 7.06% |
Financials
CAIXY vs. SAN - Financials Comparison
This section allows you to compare key financial metrics between Caixabank SA ADR and Banco Santander, 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
CAIXY vs. SAN - Profitability Comparison
CAIXY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Caixabank SA ADR reported a gross profit of 4.19B and revenue of 4.19B. Therefore, the gross margin over that period was 100.0%.
SAN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Banco Santander, S.A. reported a gross profit of 12.95B and revenue of 31.44B. Therefore, the gross margin over that period was 41.2%.
CAIXY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Caixabank SA ADR reported an operating income of 2.23B and revenue of 4.19B, resulting in an operating margin of 53.2%.
SAN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Banco Santander, S.A. reported an operating income of 5.11B and revenue of 31.44B, resulting in an operating margin of 16.3%.
CAIXY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Caixabank SA ADR reported a net income of 1.57B and revenue of 4.19B, resulting in a net margin of 37.5%.
SAN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Banco Santander, S.A. reported a net income of 5.54B and revenue of 31.44B, resulting in a net margin of 17.6%.
Frequently Asked Questions
CAIXY and SAN have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SAN has higher volatility (9.58%) compared to CAIXY (7.97%). In terms of maximum drawdown, CAIXY dropped -74.24% vs SAN's -82.94%.
CAIXY currently has the higher Sharpe Ratio (2.35 vs 1.76), 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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