SAN.PA vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about Sanofi (SAN.PA) and S&P 500 Index (^GSPC).

Performance

SAN.PA vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Sanofi (SAN.PA) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

SAN.PA vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SAN.PA Sanofi	0.18%	-7.87%	8.77%	3.64%	5.51%	16.86%	-8.97%	23.41%	10.36%	-3.49%
^GSPC S&P 500 Index	-2.47%	2.58%	31.45%	20.51%	-14.45%	36.38%	6.68%	31.79%	-1.84%	4.74%

Different Trading Currencies

SAN.PA is traded in EUR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, SAN.PA achieves a 0.18% return, which is significantly higher than ^GSPC's -2.47% return. Over the past 10 years, SAN.PA has underperformed ^GSPC with an annualized return of 5.69%, while ^GSPC has yielded a comparatively higher 12.07% annualized return.

SAN.PA

• 1D: 0.18%
• 1M: 1.74%
• YTD: 0.18%
• 6M: -2.71%
• 1Y: -15.19%
• 3Y*: -2.30%
• 5Y*: 3.70%
• 10Y*: 5.69%

^GSPC

• 1D: 0.61%
• 1M: -3.45%
• YTD: -2.47%
• 6M: -0.63%
• 1Y: 8.91%
• 3Y*: 14.47%
• 5Y*: 10.74%
• 10Y*: 12.07%

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

Return for Risk

SAN.PA vs. ^GSPC — Risk / Return Rank

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

SAN.PA

SAN.PA Risk / Return Rank: 20
SAN.PA Sharpe Ratio Rank: 16
SAN.PA Sortino Ratio Rank: 17
SAN.PA Omega Ratio Rank: 16
SAN.PA Calmar Ratio Rank: 24
SAN.PA Martin Ratio Rank: 26

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

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.

SAN.PA vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sanofi (SAN.PA) and S&P 500 Index (^GSPC). 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.

	SAN.PA	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	-0.57	0.43	-1.00
Sortino ratio Return per unit of downside risk	-0.62	0.73	-1.35
Omega ratio Gain probability vs. loss probability	0.91	1.12	-0.20
Calmar ratio Return relative to maximum drawdown	-0.52	0.66	-1.18
Martin ratio Return relative to average drawdown	-0.87	2.77	-3.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SAN.PA vs. ^GSPC - Sharpe Ratio Comparison

The current SAN.PA Sharpe Ratio is -0.57, which is lower than the ^GSPC Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of SAN.PA and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SAN.PA	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.57	0.43	-1.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.16	0.64	-0.48
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.26	0.65	-0.39
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.45	-0.08

Correlation

The correlation between SAN.PA and ^GSPC is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

SAN.PA vs. ^GSPC - Drawdown Comparison

The maximum SAN.PA drawdown since its inception was -50.84%, roughly equal to the maximum ^GSPC drawdown of -53.11%. Use the drawdown chart below to compare losses from any high point for SAN.PA and ^GSPC.

Drawdown Indicators

	SAN.PA	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-50.84%	-56.78%	+5.94%
Max Drawdown (1Y) Largest decline over 1 year	-21.17%	-12.14%	-9.03%
Max Drawdown (5Y) Largest decline over 5 years	-27.80%	-25.43%	-2.37%
Max Drawdown (10Y) Largest decline over 10 years	-30.35%	-33.92%	+3.57%
Current Drawdown Current decline from peak	-21.07%	-5.78%	-15.29%
Average Drawdown Average peak-to-trough decline	-14.64%	-10.75%	-3.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.35%	2.60%	+8.75%

Volatility

SAN.PA vs. ^GSPC - Volatility Comparison

Sanofi (SAN.PA) has a higher volatility of 5.76% compared to S&P 500 Index (^GSPC) at 4.42%. This indicates that SAN.PA's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SAN.PA	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.76%	4.42%	+1.34%
Volatility (6M) Calculated over the trailing 6-month period	14.63%	9.93%	+4.70%
Volatility (1Y) Calculated over the trailing 1-year period	26.32%	20.69%	+5.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.60%	16.81%	+5.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.47%	18.63%	+2.84%