CBK.DE vs. SAP
CBK.DE (Commerzbank AG) and SAP (SAP SE) are both stocks. CBK.DE operates in Banks - Regional (Financial Services), while SAP operates in Software - Application (Technology). Over the past 10 years, CBK.DE returned 20.62%/yr vs 9.24%/yr for SAP. At a 0.23 correlation, their price movements are largely independent.
Performance
CBK.DE vs. SAP - Performance Comparison
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Different Trading Currencies
CBK.DE is traded in EUR, while SAP is traded in USD. To make them comparable, the SAP values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, CBK.DE achieves a 5.14% return, which is significantly higher than SAP's -30.18% return. Over the past 10 years, CBK.DE has outperformed SAP with an annualized return of 20.62%, while SAP has yielded a comparatively lower 9.24% annualized return.
CBK.DE
- 1D
- 2.93%
- 1M
- 4.04%
- YTD
- 5.14%
- 6M
- 9.82%
- 1Y
- 35.07%
- 3Y*
- 58.01%
- 5Y*
- 44.13%
- 10Y*
- 20.62%
SAP
- 1D
- 0.41%
- 1M
- 0.89%
- YTD
- -30.18%
- 6M
- -30.77%
- 1Y
- -43.15%
- 3Y*
- 5.56%
- 5Y*
- 5.30%
- 10Y*
- 9.24%
CBK.DE vs. SAP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CBK.DE Commerzbank AG | 5.14% | 135.46% | 49.44% | 24.01% | 32.14% | 26.94% | -4.53% | -1.73% | -53.80% | 72.55% |
SAP SAP SE | -30.18% | -12.29% | 71.91% | 47.74% | -19.97% | 17.39% | -9.42% | 39.51% | -5.82% | 15.12% |
Correlation
The correlation between CBK.DE and SAP is 0.10, 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 | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 2007 | 0.23 |
The correlation between CBK.DE and SAP shifts across timeframes, from 0.10 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CBK.DE vs. SAP — Risk / Return Rank
CBK.DE
SAP
CBK.DE vs. SAP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Commerzbank AG (CBK.DE) and SAP SE (SAP). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CBK.DE | SAP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.22 | ||
| Sortino ratioReturn per unit of downside risk | +3.39 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.76 | +0.42 |
| Calmar ratioReturn relative to maximum drawdown | 1.61 | -0.94 | +2.54 |
| Martin ratioReturn relative to average drawdown | 3.21 | -1.59 | +4.80 |
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Drawdowns
CBK.DE vs. SAP - Drawdown Comparison
The maximum CBK.DE drawdown since its inception was -98.18%, which is greater than SAP's maximum drawdown of -50.00%. Use the drawdown chart below to compare losses from any high point for CBK.DE and SAP.
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Drawdown Indicators
| CBK.DE | SAP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.18% | -50.00% | -48.18% |
Max Drawdown (1Y)Largest decline over 1 year | -21.91% | -47.74% | +25.83% |
Max Drawdown (3Y)Largest decline over 3 years | -21.91% | -50.00% | +28.09% |
Max Drawdown (5Y)Largest decline over 5 years | -38.76% | -50.00% | +11.24% |
Max Drawdown (10Y)Largest decline over 10 years | -78.39% | -50.00% | -28.39% |
Current DrawdownCurrent decline from peak | -74.32% | -48.10% | -26.22% |
Average DrawdownAverage peak-to-trough decline | -84.76% | -12.19% | -72.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.00% | 28.08% | -17.08% |
Volatility
CBK.DE vs. SAP - Volatility Comparison
The current volatility for Commerzbank AG (CBK.DE) is 7.19%, while SAP SE (SAP) has a volatility of 14.70%. This indicates that CBK.DE experiences smaller price fluctuations and is considered to be less risky than SAP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CBK.DE | SAP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.19% | 14.70% | -7.51% |
Volatility (6M)Calculated over the trailing 6-month period | 27.11% | 30.66% | -3.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.10% | 34.58% | +3.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.96% | 27.30% | +12.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.55% | 27.46% | +14.09% |
Dividends
CBK.DE vs. SAP - Dividend Comparison
CBK.DE's dividend yield for the trailing twelve months is around 2.99%, more than SAP's 1.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBK.DE Commerzbank AG | 2.99% | 1.80% | 1.93% | 1.61% | 0.00% | 0.00% | 0.00% | 3.62% | 0.00% | 0.00% | 2.76% | 0.00% |
SAP SAP SE | 1.78% | 1.05% | 0.97% | 1.41% | 2.05% | 1.56% | 1.31% | 1.27% | 1.73% | 0.87% | 1.08% | 1.11% |
Financials
CBK.DE vs. SAP - Financials Comparison
This section allows you to compare key financial metrics between Commerzbank AG and SAP SE. 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
CBK.DE and SAP have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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