NABZY vs. SAP
NABZY (National Australia Bank Ltd ADR) and SAP (SAP SE) are both stocks. NABZY operates in Banks - Diversified (Financial Services), while SAP operates in Software - Application (Technology). Over the past 10 years, NABZY returned 9.76%/yr vs 9.93%/yr for SAP. At a 0.42 correlation, their price movements are largely independent.
Performance
NABZY vs. SAP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NABZY achieves a -4.09% return, which is significantly higher than SAP's -24.33% return. Both investments have delivered pretty close results over the past 10 years, with NABZY having a 9.76% annualized return and SAP not far ahead at 9.93%.
NABZY
- 1D
- -1.42%
- 1M
- -3.19%
- YTD
- -4.09%
- 6M
- 1.16%
- 1Y
- 10.68%
- 3Y*
- 21.09%
- 5Y*
- 9.43%
- 10Y*
- 9.76%
SAP
- 1D
- -5.32%
- 1M
- 7.23%
- YTD
- -24.33%
- 6M
- -24.61%
- 1Y
- -40.01%
- 3Y*
- 12.19%
- 5Y*
- 6.90%
- 10Y*
- 9.93%
NABZY vs. SAP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NABZY National Australia Bank Ltd ADR | -4.09% | 28.38% | 14.94% | 8.79% | 1.20% | 29.44% | 4.63% | 7.33% | -20.32% | 10.66% |
SAP SAP SE | -24.33% | -0.48% | 61.27% | 52.30% | -24.64% | 9.22% | -1.28% | 36.43% | -10.04% | 31.25% |
Correlation
The correlation between NABZY and SAP is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2007 | 0.42 |
Over the past year, the correlation between NABZY and SAP has dropped to 0.11 - well below their long-term average of 0.42, suggesting their price drivers have been diverging.
Fundamentals
NABZY:
$81.14B
SAP:
$211.02B
NABZY:
$2.04
SAP:
$6.13
NABZY:
6.47
SAP:
29.49
NABZY:
2.41
SAP:
0.63
NABZY:
1.07
SAP:
5.68
NABZY:
1.35
SAP:
4.70
NABZY:
$76.82B
SAP:
$37.34B
NABZY:
$40.43B
SAP:
$27.51B
NABZY:
$9.35B
SAP:
$12.97B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NABZY vs. SAP — Risk / Return Rank
NABZY
SAP
NABZY vs. SAP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for National Australia Bank Ltd ADR (NABZY) 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.
| NABZY | SAP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.61 | ||
| Sortino ratioReturn per unit of downside risk | +2.41 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 0.78 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 0.43 | -0.84 | +1.28 |
| Martin ratioReturn relative to average drawdown | 1.17 | -1.46 | +2.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| NABZY | SAP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.41 | -1.20 | +1.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | 0.24 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | 0.35 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.19 | 0.15 | -0.34 |
Drawdowns
NABZY vs. SAP - Drawdown Comparison
The maximum NABZY drawdown since its inception was -95.64%, which is greater than SAP's maximum drawdown of -87.91%. Use the drawdown chart below to compare losses from any high point for NABZY and SAP.
Loading charts...
Drawdown Indicators
| NABZY | SAP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.64% | -87.91% | -7.73% |
Max Drawdown (1Y)Largest decline over 1 year | -24.72% | -47.71% | +22.99% |
Max Drawdown (3Y)Largest decline over 3 years | -30.10% | -47.71% | +17.61% |
Max Drawdown (5Y)Largest decline over 5 years | -30.10% | -47.71% | +17.61% |
Max Drawdown (10Y)Largest decline over 10 years | -62.94% | -51.31% | -11.63% |
Current DrawdownCurrent decline from peak | -80.35% | -41.07% | -39.28% |
Average DrawdownAverage peak-to-trough decline | -82.99% | -28.23% | -54.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.16% | 27.40% | -18.24% |
Volatility
NABZY vs. SAP - Volatility Comparison
The current volatility for National Australia Bank Ltd ADR (NABZY) is 6.45%, while SAP SE (SAP) has a volatility of 13.32%. This indicates that NABZY 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.
Loading charts...
Volatility by Period
| NABZY | SAP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.45% | 13.32% | -6.87% |
Volatility (6M)Calculated over the trailing 6-month period | 19.90% | 29.81% | -9.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.99% | 33.55% | -7.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.32% | 28.60% | -2.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.24% | 28.29% | -0.05% |
Dividends
NABZY vs. SAP - Dividend Comparison
NABZY's dividend yield for the trailing twelve months is around 4.41%, more than SAP's 1.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NABZY National Australia Bank Ltd ADR | 4.41% | 3.92% | 4.82% | 5.15% | 5.05% | 6.59% | 2.28% | 6.62% | 8.31% | 6.41% | 13.52% | 10.20% |
SAP SAP SE | 1.62% | 1.05% | 0.97% | 1.41% | 2.05% | 1.56% | 1.31% | 1.27% | 1.73% | 0.87% | 1.08% | 1.11% |
Financials
NABZY vs. SAP - Financials Comparison
This section allows you to compare key financial metrics between National Australia Bank Ltd ADR 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
NABZY vs. SAP - Profitability Comparison
NABZY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, National Australia Bank Ltd ADR reported a gross profit of 10.38B and revenue of 28.03B. Therefore, the gross margin over that period was 37.1%.
SAP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SAP SE reported a gross profit of 6.97B and revenue of 9.56B. Therefore, the gross margin over that period was 73.0%.
NABZY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, National Australia Bank Ltd ADR reported an operating income of 3.78B and revenue of 28.03B, resulting in an operating margin of 13.5%.
SAP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SAP SE reported an operating income of 2.75B and revenue of 9.56B, resulting in an operating margin of 28.8%.
NABZY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, National Australia Bank Ltd ADR reported a net income of 2.70B and revenue of 28.03B, resulting in a net margin of 9.6%.
SAP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SAP SE reported a net income of 1.93B and revenue of 9.56B, resulting in a net margin of 20.2%.
Frequently Asked Questions
NABZY and SAP have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SAP has higher volatility (13.32%) compared to NABZY (6.45%). In terms of maximum drawdown, NABZY dropped -95.64% vs SAP's -87.91%.
NABZY currently has the higher Sharpe Ratio (0.41 vs -1.20), 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.
Find the right allocation for NABZY and SAP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer