SAN vs. NVDA
SAN (Banco Santander, S.A.) and NVDA (NVIDIA Corporation) are both stocks. SAN operates in Banks - Diversified (Financial Services), while NVDA operates in Semiconductors (Technology). Over the past 10 years, SAN returned 18.20%/yr vs 64.62%/yr for NVDA. Their 0.32 correlation means their historical movements had little consistent relationship.
Performance
SAN vs. NVDA - Performance Comparison
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Returns By Period
In the year-to-date period, SAN achieves a 21.69% return, which is significantly higher than NVDA's 7.77% return. Over the past 10 years, SAN has underperformed NVDA with an annualized return of 18.20%, while NVDA has yielded a comparatively higher 64.62% annualized return.
SAN
- 1D
- -0.07%
- 1M
- 1.08%
- 6M
- 11.95%
- YTD
- 21.69%
- 1Y
- 72.15%
- 3Y*
- 58.91%
- 5Y*
- 35.69%
- 10Y*
- 18.20%
- ALL TIME*
- 8.56%
NVDA
- 1D
- 2.93%
- 1M
- 3.04%
- 6M
- 5.16%
- YTD
- 7.77%
- 1Y
- 15.71%
- 3Y*
- 62.93%
- 5Y*
- 59.52%
- 10Y*
- 64.62%
- ALL TIME*
- 36.28%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $25.46B | $26.13B | $31.85B | |
| $140.83M | $131.82M | $115.30M |
SAN vs. NVDA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SAN Banco Santander, S.A. | 21.69% | 164.72% | 14.96% | 46.20% | -6.62% | 10.41% | -21.99% | -2.32% | -28.49% | 32.28% |
NVDA NVIDIA Corporation | 7.77% | 38.92% | 171.25% | 239.02% | -50.26% | 125.48% | 122.30% | 76.94% | -30.82% | 81.99% |
Correlation
The correlation between SAN and NVDA is 0.36, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.36 |
Correlation (3Y) Balances recent behavior with more history. | 0.24 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.32 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.27 |
Correlation (All Time) Calculated using the full available price history since Jan 22, 1999 | 0.32 |
The correlation between SAN and NVDA shifts across timeframes, from 0.24 (3 years) to 0.36 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
SAN:
$206.96B
NVDA:
$4.86T
SAN:
€1.03
NVDA:
$6.53
SAN:
11.91
NVDA:
30.73
SAN:
0.63
NVDA:
0.17
SAN:
2.08
NVDA:
19.35
SAN:
1.64
NVDA:
25.05
SAN:
€90.24B
NVDA:
$253.49B
SAN:
€47.15B
NVDA:
$187.95B
SAN:
€21.04B
NVDA:
$192.76B
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Return for Risk
SAN vs. NVDA — Risk / Return Rank
SAN
NVDA
SAN vs. NVDA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Banco Santander, S.A. (SAN) and NVIDIA Corporation (NVDA). 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.
| SAN | NVDA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.68 | ||
| Sortino ratioReturn per unit of downside risk | +1.93 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.09 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 3.37 | 0.65 | +2.72 |
| Martin ratioReturn relative to average drawdown | 10.31 | 1.32 | +8.99 |
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Drawdowns
SAN vs. NVDA - Drawdown Comparison
The maximum SAN drawdown since its inception was -82.94%, smaller than the maximum NVDA drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for SAN and NVDA.
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Drawdown Indicators
| SAN | NVDA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.94% | -89.72% | +6.78% |
Max Drawdown (1Y)Largest decline over 1 year | -20.29% | -20.21% | -0.08% |
Max Drawdown (3Y)Largest decline over 3 years | -20.29% | -36.88% | +16.59% |
Max Drawdown (5Y)Largest decline over 5 years | -40.82% | -66.34% | +25.52% |
Max Drawdown (10Y)Largest decline over 10 years | -73.84% | -66.34% | -7.50% |
Current DrawdownCurrent decline from peak | -1.88% | -14.74% | +12.86% |
Average DrawdownAverage peak-to-trough decline | -30.56% | -36.07% | +5.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.61% | 9.90% | -3.29% |
Volatility
SAN vs. NVDA - Volatility Comparison
Banco Santander, S.A. (SAN) and NVIDIA Corporation (NVDA) have volatilities of 11.68% and 12.04%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SAN | NVDA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.68% | 12.04% | -0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 28.90% | 28.30% | +0.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.58% | 36.41% | -2.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.91% | 51.87% | -17.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.13% | 49.95% | -14.82% |
Dividends
SAN vs. NVDA - Dividend Comparison
SAN's dividend yield for the trailing twelve months is around 1.98%, more than NVDA's 0.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVDA NVIDIA Corporation | 0.14% | 0.02% | 0.03% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% |
SAN Banco Santander, S.A. | 1.98% | 2.11% | 4.63% | 3.58% | 3.83% | 2.71% | 0.00% | 6.20% | 5.83% | 4.60% | 3.29% | 7.06% |
Financials
SAN vs. NVDA - Financials Comparison
This section allows you to compare key financial metrics between Banco Santander, S.A. and NVIDIA Corporation. 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
SAN vs. NVDA - Profitability Comparison
SAN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Banco Santander, S.A. reported a gross profit of 13.41B and revenue of 33.48B. Therefore, the gross margin over that period was 40.1%.
NVDA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, NVIDIA Corporation reported a gross profit of 61.16B and revenue of 81.62B. Therefore, the gross margin over that period was 74.9%.
SAN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Banco Santander, S.A. reported an operating income of 4.85B and revenue of 33.48B, resulting in an operating margin of 14.5%.
NVDA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, NVIDIA Corporation reported an operating income of 53.54B and revenue of 81.62B, resulting in an operating margin of 65.6%.
SAN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Banco Santander, S.A. reported a net income of 3.58B and revenue of 33.48B, resulting in a net margin of 10.7%.
NVDA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, NVIDIA Corporation reported a net income of 58.32B and revenue of 81.62B, resulting in a net margin of 71.5%.
Frequently Asked Questions
SAN and NVDA have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVDA has higher volatility (12.04%) compared to SAN (11.68%). In terms of maximum drawdown, SAN dropped -82.94% vs NVDA's -89.72%.
SAN currently has the higher Sharpe Ratio (2.04 vs 0.36), 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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