SAP vs. AIG
SAP (SAP SE) and AIG (American International Group, Inc.) are both stocks. SAP operates in Software - Application (Technology), while AIG operates in Insurance - Diversified (Financial Services). Over the past 10 years, SAP returned 9.59%/yr vs 6.00%/yr for AIG. At a 0.33 correlation, their price movements are largely independent.
Performance
SAP vs. AIG - Performance Comparison
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Returns By Period
In the year-to-date period, SAP achieves a -31.24% return, which is significantly lower than AIG's -10.94% return. Over the past 10 years, SAP has outperformed AIG with an annualized return of 9.59%, while AIG has yielded a comparatively lower 6.00% annualized return.
SAP
- 1D
- 0.33%
- 1M
- 2.09%
- YTD
- -31.24%
- 6M
- -31.78%
- 1Y
- -44.64%
- 3Y*
- 8.04%
- 5Y*
- 4.34%
- 10Y*
- 9.59%
AIG
- 1D
- 0.56%
- 1M
- -0.05%
- YTD
- -10.94%
- 6M
- -9.79%
- 1Y
- -9.74%
- 3Y*
- 12.63%
- 5Y*
- 10.27%
- 10Y*
- 6.00%
SAP vs. AIG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SAP SAP SE | -31.24% | -0.48% | 61.27% | 52.30% | -24.64% | 9.22% | -1.28% | 36.43% | -10.04% | 31.25% |
AIG American International Group, Inc. | -10.94% | 20.03% | 9.75% | 9.79% | 13.76% | 53.92% | -23.08% | 33.58% | -32.09% | -6.86% |
Correlation
The correlation between SAP and AIG is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Aug 7, 1998 | 0.33 |
The correlation between SAP and AIG shifts across timeframes, from 0.20 (1 year) to 0.33 (all time), reflecting how their relationship changes across market environments.
Fundamentals
SAP:
$191.76B
AIG:
$41.07B
SAP:
€6.13
AIG:
$4.25
SAP:
23.16
AIG:
17.81
SAP:
4.46
AIG:
2.14
SAP:
€37.34B
AIG:
$20.00B
SAP:
€27.51B
AIG:
$7.09B
SAP:
€12.97B
AIG:
$5.81B
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Return for Risk
SAP vs. AIG — Risk / Return Rank
SAP
AIG
SAP vs. AIG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SAP SE (SAP) and American International Group, Inc. (AIG). 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.
| SAP | AIG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.89 | ||
| Sortino ratioReturn per unit of downside risk | -1.50 | ||
| Omega ratioGain probability vs. loss probability | 0.75 | 0.94 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.94 | -0.58 | -0.36 |
| Martin ratioReturn relative to average drawdown | -1.58 | -1.02 | -0.56 |
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Drawdowns
SAP vs. AIG - Drawdown Comparison
The maximum SAP drawdown since its inception was -87.91%, smaller than the maximum AIG drawdown of -99.64%. Use the drawdown chart below to compare losses from any high point for SAP and AIG.
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Drawdown Indicators
| SAP | AIG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.91% | -99.64% | +11.73% |
Max Drawdown (1Y)Largest decline over 1 year | -47.71% | -16.98% | -30.73% |
Max Drawdown (3Y)Largest decline over 3 years | -47.71% | -16.98% | -30.73% |
Max Drawdown (5Y)Largest decline over 5 years | -47.71% | -26.45% | -21.26% |
Max Drawdown (10Y)Largest decline over 10 years | -51.31% | -69.58% | +18.27% |
Current DrawdownCurrent decline from peak | -46.45% | -93.84% | +47.39% |
Average DrawdownAverage peak-to-trough decline | -28.24% | -51.23% | +22.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.29% | 9.53% | +18.76% |
Volatility
SAP vs. AIG - Volatility Comparison
SAP SE (SAP) has a higher volatility of 14.54% compared to American International Group, Inc. (AIG) at 6.64%. This indicates that SAP's price experiences larger fluctuations and is considered to be riskier than AIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SAP | AIG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.54% | 6.64% | +7.90% |
Volatility (6M)Calculated over the trailing 6-month period | 30.61% | 17.67% | +12.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.27% | 23.69% | +10.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.76% | 26.60% | +2.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.37% | 32.60% | -4.23% |
Dividends
SAP vs. AIG - Dividend Comparison
SAP's dividend yield for the trailing twelve months is around 1.78%, less than AIG's 2.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIG American International Group, Inc. | 2.38% | 2.05% | 2.14% | 2.07% | 2.02% | 2.25% | 3.38% | 2.49% | 3.25% | 2.15% | 1.96% | 1.31% |
SAP SAP SE | 1.78% | 1.05% | 0.97% | 1.41% | 2.05% | 1.56% | 1.31% | 1.27% | 1.73% | 0.87% | 1.08% | 1.11% |
Financials
SAP vs. AIG - Financials Comparison
This section allows you to compare key financial metrics between SAP SE and American International Group, Inc.. 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
Frequently Asked Questions
SAP and AIG have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SAP has higher volatility (14.54%) compared to AIG (6.64%). In terms of maximum drawdown, SAP dropped -87.91% vs AIG's -99.64%.
AIG currently has the higher Sharpe Ratio (-0.41 vs -1.31), 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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