SAP vs. III.L
SAP (SAP SE) and III.L (3I Group plc) are both stocks. SAP operates in Software - Application (Technology), while III.L operates in Investment Banking & Investment Services (Financial Services). Over the past 10 years, SAP returned 9.59%/yr vs 19.21%/yr for III.L. At a 0.36 correlation, their price movements are largely independent.
Performance
SAP vs. III.L - Performance Comparison
Loading charts...
Different Trading Currencies
SAP is traded in USD, while III.L is traded in GBp. To make them comparable, the III.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SAP achieves a -31.24% return, which is significantly lower than III.L's -29.56% return. Over the past 10 years, SAP has underperformed III.L with an annualized return of 9.59%, while III.L has yielded a comparatively higher 19.21% 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%
III.L
- 1D
- 3.61%
- 1M
- -5.53%
- YTD
- -29.56%
- 6M
- -26.02%
- 1Y
- -44.56%
- 3Y*
- 9.18%
- 5Y*
- 15.13%
- 10Y*
- 19.21%
SAP vs. III.L - 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% |
III.L 3I Group plc | -29.56% | 0.62% | 47.61% | 95.24% | -13.78% | 27.82% | 12.71% | 53.02% | -16.76% | 46.43% |
Correlation
The correlation between SAP and III.L is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2007 | 0.37 |
The correlation between SAP and III.L shifts across timeframes, from 0.17 (1 year) to 0.37 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
SAP:
$191.76B
III.L:
£23.50B
SAP:
€6.13
III.L:
£10.41
SAP:
23.16
III.L:
2.22
SAP:
0.49
III.L:
0.27
SAP:
4.46
III.L:
10.82
SAP:
3.70
III.L:
0.76
SAP:
€37.34B
III.L:
£2.12B
SAP:
€27.51B
III.L:
£5.57B
SAP:
€12.97B
III.L:
£9.82B
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
SAP vs. III.L — Risk / Return Rank
SAP
III.L
SAP vs. III.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SAP SE (SAP) and 3I Group plc (III.L). 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 | III.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.57 | ||
| Omega ratioGain probability vs. loss probability | 0.75 | 0.80 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.94 | -0.85 | -0.09 |
| Martin ratioReturn relative to average drawdown | -1.58 | -1.67 | +0.09 |
Loading charts...
Drawdowns
SAP vs. III.L - Drawdown Comparison
The maximum SAP drawdown since its inception was -87.91%, roughly equal to the maximum III.L drawdown of -88.62%. Use the drawdown chart below to compare losses from any high point for SAP and III.L.
Loading charts...
Drawdown Indicators
| SAP | III.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.91% | -88.62% | +0.71% |
Max Drawdown (1Y)Largest decline over 1 year | -47.71% | -52.57% | +4.86% |
Max Drawdown (3Y)Largest decline over 3 years | -47.71% | -52.57% | +4.86% |
Max Drawdown (5Y)Largest decline over 5 years | -47.71% | -52.57% | +4.86% |
Max Drawdown (10Y)Largest decline over 10 years | -51.31% | -54.36% | +3.05% |
Current DrawdownCurrent decline from peak | -46.45% | -47.55% | +1.10% |
Average DrawdownAverage peak-to-trough decline | -28.24% | -27.21% | -1.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.29% | 26.69% | +1.60% |
Volatility
SAP vs. III.L - Volatility Comparison
The current volatility for SAP SE (SAP) is 14.54%, while 3I Group plc (III.L) has a volatility of 19.15%. This indicates that SAP experiences smaller price fluctuations and is considered to be less risky than III.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SAP | III.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.54% | 19.15% | -4.61% |
Volatility (6M)Calculated over the trailing 6-month period | 30.61% | 37.86% | -7.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.27% | 43.99% | -9.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.76% | 33.13% | -4.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.37% | 33.07% | -4.70% |
Dividends
SAP vs. III.L - Dividend Comparison
SAP's dividend yield for the trailing twelve months is around 1.78%, less than III.L's 3.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
III.L 3I Group plc | 3.42% | 2.42% | 1.82% | 2.32% | 3.76% | 2.78% | 3.02% | 3.42% | 4.78% | 2.90% | 3.41% | 2.37% |
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. III.L - Financials Comparison
This section allows you to compare key financial metrics between SAP SE and 3I Group plc. 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 III.L have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for SAP and III.L
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