IES.DE vs. ABN.AS

Last updated Jun 5, 2026

IES.DE (Intesa Sanpaolo S.p.A) and ABN.AS (ABN AMRO Bank N.V.) are both stocks. Both are in the Financial Services sector — IES.DE in Banks - Regional, ABN.AS in Banks - Diversified. Over the past 10 years, IES.DE returned 18.81%/yr vs 14.56%/yr for ABN.AS. A 0.52 correlation means they provide meaningful diversification when combined.

Performance

IES.DE vs. ABN.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Intesa Sanpaolo S.p.A (IES.DE) and ABN AMRO Bank N.V. (ABN.AS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IES.DE achieves a -0.93% return, which is significantly lower than ABN.AS's 17.62% return. Over the past 10 years, IES.DE has outperformed ABN.AS with an annualized return of 18.81%, while ABN.AS has yielded a comparatively lower 14.56% annualized return.

IES.DE

• 1D: 0.64%
• 1M: -1.25%
• YTD: -0.93%
• 6M: 4.79%
• 1Y: 22.96%
• 3Y*: 47.22%
• 5Y*: 28.50%
• 10Y*: 18.81%

ABN.AS

• 1D: 0.30%
• 1M: 12.01%
• YTD: 17.62%
• 6M: 19.34%
• 1Y: 54.56%
• 3Y*: 45.85%
• 5Y*: 35.92%
• 10Y*: 14.56%

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

IES.DE vs. ABN.AS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IES.DE Intesa Sanpaolo S.p.A	-0.93%	64.22%	59.34%	39.13%	-1.03%	28.73%	-5.63%	32.74%	-27.71%	23.46%
ABN.AS ABN AMRO Bank N.V.	17.62%	113.01%	20.79%	14.86%	8.40%	70.35%	-44.86%	-14.90%	-18.74%	33.75%

Correlation

The correlation between IES.DE and ABN.AS is 0.68, 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	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (5Y) Calculated over the trailing 5-year period	0.53
Correlation (10Y) Calculated over the trailing 10-year period	0.52
Correlation (All Time) Calculated using the full available price history since Nov 23, 2015	0.52

The correlation between IES.DE and ABN.AS shifts across timeframes, from 0.52 (10 years) to 0.68 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

IES.DE vs. ABN.AS — Risk / Return Rank

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

IES.DE

IES.DE Risk / Return Rank: 69
IES.DE Sharpe Ratio Rank: 73
IES.DE Sortino Ratio Rank: 67
IES.DE Omega Ratio Rank: 64
IES.DE Calmar Ratio Rank: 67
IES.DE Martin Ratio Rank: 73

ABN.AS

ABN.AS Risk / Return Rank: 86
ABN.AS Sharpe Ratio Rank: 89
ABN.AS Sortino Ratio Rank: 87
ABN.AS Omega Ratio Rank: 85
ABN.AS Calmar Ratio Rank: 83
ABN.AS Martin Ratio Rank: 85

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.

IES.DE vs. ABN.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Intesa Sanpaolo S.p.A (IES.DE) and ABN AMRO Bank N.V. (ABN.AS). 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.

	IES.DE	ABN.AS	Difference
Sharpe ratio: Return per unit of total volatility	1.07	2.10	-1.03
Sortino ratio: Return per unit of downside risk	1.57	2.85	-1.29
Omega ratio: Gain probability vs. loss probability	1.19	1.36	-0.17
Calmar ratio: Return relative to maximum drawdown	1.39	3.13	-1.74
Martin ratio: Return relative to average drawdown	4.40	8.80	-4.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IES.DE vs. ABN.AS - Sharpe Ratio Comparison

The current IES.DE Sharpe Ratio is 1.07, which is lower than the ABN.AS Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of IES.DE and ABN.AS, 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

	IES.DE	ABN.AS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.07	2.10	-1.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.84	1.19	-0.35
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	0.43	+0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	0.41	-0.27

Drawdowns

IES.DE vs. ABN.AS - Drawdown Comparison

The maximum IES.DE drawdown since its inception was -80.65%, which is greater than ABN.AS's maximum drawdown of -73.99%. Use the drawdown chart below to compare losses from any high point for IES.DE and ABN.AS.

Drawdown Indicators

	IES.DE	ABN.AS	Difference
Max Drawdown Largest peak-to-trough decline	-80.65%	-73.99%	-6.66%
Max Drawdown (1Y) Largest decline over 1 year	-18.94%	-17.97%	-0.97%
Max Drawdown (3Y) Largest decline over 3 years	-21.19%	-20.20%	-0.99%
Max Drawdown (5Y) Largest decline over 5 years	-42.63%	-37.44%	-5.19%
Max Drawdown (10Y) Largest decline over 10 years	-54.05%	-73.99%	+19.94%
Current Drawdown Current decline from peak	-4.08%	-3.12%	-0.96%
Average Drawdown Average peak-to-trough decline	-30.86%	-23.66%	-7.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.99%	6.42%	-0.43%

Volatility

IES.DE vs. ABN.AS - Volatility Comparison

The current volatility for Intesa Sanpaolo S.p.A (IES.DE) is 6.50%, while ABN AMRO Bank N.V. (ABN.AS) has a volatility of 11.09%. This indicates that IES.DE experiences smaller price fluctuations and is considered to be less risky than ABN.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IES.DE	ABN.AS	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.50%	11.09%	-4.59%
Volatility (6M) Calculated over the trailing 6-month period	18.28%	20.64%	-2.36%
Volatility (1Y) Calculated over the trailing 1-year period	24.70%	26.83%	-2.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.56%	29.63%	+3.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.77%	33.25%	+2.52%

Dividends

IES.DE vs. ABN.AS - Dividend Comparison

IES.DE's dividend yield for the trailing twelve months is around 6.61%, more than ABN.AS's 4.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ABN.AS ABN AMRO Bank N.V.	4.56%	4.33%	10.01%	9.49%	7.20%	5.26%	8.48%	8.63%	7.06%	4.05%	3.99%	0.00%
IES.DE Intesa Sanpaolo S.p.A	6.61%	6.01%	8.32%	8.84%	7.31%	10.33%	10.02%	8.35%	14.49%	6.42%	5.83%	2.26%

Financials

Frequently Asked Questions

Can I hold both IES.DE and ABN.AS in my portfolio?

IES.DE and ABN.AS have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.