SAPMY vs. CBOE
SAPMY (Saipem SpA ADR) and CBOE (Cboe Global Markets, Inc.) are both stocks. SAPMY operates in Oil & Gas Equipment & Services (Energy), while CBOE operates in Financial Data & Stock Exchanges (Financial Services). Over the past 5 years, SAPMY returned 3.63%/yr vs 19.26%/yr for CBOE. At a 0.01 correlation, their price movements are largely independent.
Performance
SAPMY vs. CBOE - Performance Comparison
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Returns By Period
In the year-to-date period, SAPMY achieves a 102.80% return, which is significantly higher than CBOE's 7.29% return.
SAPMY
- 1D
- 3.37%
- 1M
- 0.36%
- 6M
- 99.42%
- YTD
- 102.80%
- 1Y
- 102.31%
- 3Y*
- 148.08%
- 5Y*
- 3.63%
- 10Y*
- —
CBOE
- 1D
- 0.08%
- 1M
- -9.10%
- 6M
- 3.20%
- YTD
- 7.29%
- 1Y
- 15.26%
- 3Y*
- 26.35%
- 5Y*
- 19.26%
- 10Y*
- 16.17%
SAPMY vs. CBOE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SAPMY Saipem SpA ADR | 102.80% | 382.30% | 50.00% | 45.45% | -93.87% | -22.79% | -44.06% | 30.33% | -17.61% | 18.54% |
CBOE Cboe Global Markets, Inc. | 7.29% | 29.96% | 10.74% | 44.37% | -2.16% | 42.23% | -21.17% | 24.16% | -20.60% | 27.24% |
Correlation
The correlation between SAPMY and CBOE is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since Aug 24, 2017 | 0.01 |
Fundamentals
SAPMY:
$10.09B
CBOE:
$28.05B
SAPMY:
€0.24
CBOE:
$11.77
SAPMY:
3.75
CBOE:
22.78
SAPMY:
0.08
CBOE:
5.87
SAPMY:
0.66
CBOE:
5.24
SAPMY:
€15.52B
CBOE:
$4.79B
SAPMY:
€5.53B
CBOE:
$2.50B
SAPMY:
€1.58B
CBOE:
$1.87B
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Return for Risk
SAPMY vs. CBOE — Risk / Return Rank
SAPMY
CBOE
SAPMY vs. CBOE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Saipem SpA ADR (SAPMY) and Cboe Global Markets, Inc. (CBOE). 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.
| SAPMY | CBOE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.69 | ||
| Sortino ratioReturn per unit of downside risk | +1.13 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.12 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 3.51 | 0.43 | +3.09 |
| Martin ratioReturn relative to average drawdown | 8.31 | 1.58 | +6.74 |
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Drawdowns
SAPMY vs. CBOE - Drawdown Comparison
The maximum SAPMY drawdown since its inception was -99.36%, which is greater than CBOE's maximum drawdown of -43.23%. Use the drawdown chart below to compare losses from any high point for SAPMY and CBOE.
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Drawdown Indicators
| SAPMY | CBOE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.36% | -43.23% | -56.13% |
Max Drawdown (1Y)Largest decline over 1 year | -29.28% | -36.73% | +7.45% |
Max Drawdown (3Y)Largest decline over 3 years | -37.14% | -36.73% | -0.41% |
Max Drawdown (5Y)Largest decline over 5 years | -99.36% | -36.73% | -62.63% |
Max Drawdown (10Y)Largest decline over 10 years | — | -43.23% | — |
Current DrawdownCurrent decline from peak | -57.12% | -26.74% | -30.38% |
Average DrawdownAverage peak-to-trough decline | -62.64% | -11.49% | -51.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.35% | 9.89% | +2.46% |
Volatility
SAPMY vs. CBOE - Volatility Comparison
Saipem SpA ADR (SAPMY) has a higher volatility of 20.60% compared to Cboe Global Markets, Inc. (CBOE) at 15.89%. This indicates that SAPMY's price experiences larger fluctuations and is considered to be riskier than CBOE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SAPMY | CBOE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.60% | 15.89% | +4.71% |
Volatility (6M)Calculated over the trailing 6-month period | 48.22% | 28.12% | +20.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 85.79% | 30.90% | +54.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 275.56% | 24.01% | +251.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 209.31% | 25.74% | +183.57% |
Dividends
SAPMY vs. CBOE - Dividend Comparison
SAPMY's dividend yield for the trailing twelve months is around 3.88%, more than CBOE's 1.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBOE Cboe Global Markets, Inc. | 1.07% | 1.08% | 1.21% | 1.18% | 1.56% | 1.38% | 1.68% | 1.12% | 1.19% | 0.83% | 1.30% | 1.36% |
SAPMY Saipem SpA ADR | 3.88% | 77.01% | 0.00% | 0.00% | 169.09% | 0.00% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
SAPMY vs. CBOE - Financials Comparison
This section allows you to compare key financial metrics between Saipem SpA ADR and Cboe Global Markets, 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
SAPMY vs. CBOE - Profitability Comparison
SAPMY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Saipem SpA ADR reported a gross profit of 998.00M and revenue of 3.53B. Therefore, the gross margin over that period was 28.3%.
CBOE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Cboe Global Markets, Inc. reported a gross profit of 669.90M and revenue of 1.27B. Therefore, the gross margin over that period was 52.6%.
SAPMY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Saipem SpA ADR reported an operating income of 157.00M and revenue of 3.53B, resulting in an operating margin of 4.5%.
CBOE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Cboe Global Markets, Inc. reported an operating income of 505.60M and revenue of 1.27B, resulting in an operating margin of 39.7%.
SAPMY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Saipem SpA ADR reported a net income of 78.00M and revenue of 3.53B, resulting in a net margin of 2.2%.
CBOE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Cboe Global Markets, Inc. reported a net income of 385.70M and revenue of 1.27B, resulting in a net margin of 30.3%.
Frequently Asked Questions
SAPMY and CBOE have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SAPMY has higher volatility (20.60%) compared to CBOE (15.89%). In terms of maximum drawdown, SAPMY dropped -99.36% vs CBOE's -43.23%.
SAPMY currently has the higher Sharpe Ratio (1.20 vs 0.51), 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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