EONGY vs. SAN
EONGY (E.ON SE ADR) and SAN (Banco Santander, S.A.) are both stocks. EONGY operates in Utilities - Diversified (Utilities), while SAN operates in Banks - Diversified (Financial Services). Over the past 10 years, EONGY returned 14.02%/yr vs 15.55%/yr for SAN. At a 0.43 correlation, their price movements are largely independent.
Performance
EONGY vs. SAN - Performance Comparison
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Returns By Period
In the year-to-date period, EONGY achieves a 13.49% return, which is significantly higher than SAN's 4.95% return. Over the past 10 years, EONGY has underperformed SAN with an annualized return of 14.02%, while SAN has yielded a comparatively higher 15.55% annualized return.
EONGY
- 1D
- -0.86%
- 1M
- -1.37%
- YTD
- 13.49%
- 6M
- 19.62%
- 1Y
- 22.20%
- 3Y*
- 23.81%
- 5Y*
- 15.63%
- 10Y*
- 14.02%
SAN
- 1D
- 0.08%
- 1M
- -0.98%
- YTD
- 4.95%
- 6M
- 11.81%
- 1Y
- 55.12%
- 3Y*
- 58.01%
- 5Y*
- 28.22%
- 10Y*
- 15.55%
EONGY vs. SAN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EONGY E.ON SE ADR | 13.49% | 68.77% | -9.82% | 41.96% | -25.33% | 30.17% | 7.27% | 11.88% | -7.04% | 62.83% |
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 EONGY and SAN is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Sep 11, 2007 | 0.43 |
The correlation between EONGY and SAN shifts across timeframes, from 0.24 (1 year) to 0.43 (all time), reflecting how their relationship changes across market environments.
Fundamentals
EONGY:
$54.53B
SAN:
$178.48B
EONGY:
$1.33
SAN:
$1.06
EONGY:
15.74
SAN:
11.45
EONGY:
0.09
SAN:
0.60
EONGY:
0.72
SAN:
2.48
EONGY:
2.49
SAN:
1.68
EONGY:
$75.47B
SAN:
$74.92B
EONGY:
$15.73B
SAN:
$46.97B
EONGY:
$9.86B
SAN:
$21.14B
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Return for Risk
EONGY vs. SAN — Risk / Return Rank
EONGY
SAN
EONGY vs. SAN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for E.ON SE ADR (EONGY) 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.
| EONGY | SAN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.71 | ||
| Sortino ratioReturn per unit of downside risk | -0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.27 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.04 | 2.73 | -0.69 |
| Martin ratioReturn relative to average drawdown | 4.80 | 8.45 | -3.65 |
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
| EONGY | SAN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | 1.68 | -0.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 0.84 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.44 | +0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.00 | 0.23 | -0.23 |
Drawdowns
EONGY vs. SAN - Drawdown Comparison
The maximum EONGY drawdown since its inception was -85.09%, roughly equal to the maximum SAN drawdown of -82.94%. Use the drawdown chart below to compare losses from any high point for EONGY and SAN.
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Drawdown Indicators
| EONGY | SAN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.09% | -82.94% | -2.15% |
Max Drawdown (1Y)Largest decline over 1 year | -10.93% | -20.29% | +9.36% |
Max Drawdown (3Y)Largest decline over 3 years | -29.37% | -20.29% | -9.08% |
Max Drawdown (5Y)Largest decline over 5 years | -46.78% | -43.63% | -3.15% |
Max Drawdown (10Y)Largest decline over 10 years | -46.78% | -73.84% | +27.06% |
Current DrawdownCurrent decline from peak | -26.87% | -6.81% | -20.06% |
Average DrawdownAverage peak-to-trough decline | -61.06% | -30.67% | -30.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.64% | 6.55% | -1.91% |
Volatility
EONGY vs. SAN - Volatility Comparison
The current volatility for E.ON SE ADR (EONGY) is 7.77%, while Banco Santander, S.A. (SAN) has a volatility of 8.71%. This indicates that EONGY 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
| EONGY | SAN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.77% | 8.71% | -0.94% |
Volatility (6M)Calculated over the trailing 6-month period | 18.04% | 26.85% | -8.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.04% | 33.12% | -10.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.56% | 33.78% | -9.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.16% | 35.87% | -10.71% |
Dividends
EONGY vs. SAN - Dividend Comparison
EONGY's dividend yield for the trailing twelve months is around 3.19%, more than SAN's 2.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EONGY E.ON SE ADR | 3.19% | 3.27% | 4.98% | 4.06% | 5.22% | 2.91% | 3.33% | 3.39% | 2.77% | 4.35% | 29.92% | 5.47% |
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
EONGY vs. SAN - Financials Comparison
This section allows you to compare key financial metrics between E.ON SE 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
EONGY vs. SAN - Profitability Comparison
EONGY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, E.ON SE ADR reported a gross profit of 2.78B and revenue of 22.18B. Therefore, the gross margin over that period was 12.5%.
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%.
EONGY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, E.ON SE ADR reported an operating income of 2.62B and revenue of 22.18B, resulting in an operating margin of 11.8%.
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%.
EONGY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, E.ON SE ADR reported a net income of 2.27B and revenue of 22.18B, resulting in a net margin of 10.2%.
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
EONGY and SAN have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SAN has higher volatility (8.71%) compared to EONGY (7.77%). In terms of maximum drawdown, EONGY dropped -85.09% vs SAN's -82.94%.
SAN currently has the higher Sharpe Ratio (1.68 vs 0.97), 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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