SE vs. BAJFINANCE.NS

Last updated Jun 13, 2026

SE (Sea Limited) and BAJFINANCE.NS (Bajaj Finance Limited) are both stocks. SE operates in Electronic Gaming & Multimedia (Communication Services), while BAJFINANCE.NS operates in Credit Services (Financial Services). Over the past 5 years, SE returned -21.47%/yr vs 3.78%/yr for BAJFINANCE.NS. At a 0.11 correlation, their price movements are largely independent.

Performance

SE vs. BAJFINANCE.NS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sea Limited (SE) and Bajaj Finance Limited (BAJFINANCE.NS). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SE is traded in USD, while BAJFINANCE.NS is traded in INR. To make them comparable, the BAJFINANCE.NS values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, SE achieves a -34.98% return, which is significantly lower than BAJFINANCE.NS's -12.10% return.

SE

• 1D: -3.21%
• 1M: -11.31%
• YTD: -34.98%
• 6M: -33.66%
• 1Y: -46.36%
• 3Y*: 8.08%
• 5Y*: -21.47%
• 10Y*: —

BAJFINANCE.NS

• 1D: 5.53%
• 1M: 3.06%
• YTD: -12.10%
• 6M: -14.08%
• 1Y: -11.71%
• 3Y*: 4.56%
• 5Y*: 3.78%
• 10Y*: 25.44%

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

SE vs. BAJFINANCE.NS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SE Sea Limited	-34.98%	20.24%	161.98%	-22.16%	-76.74%	12.39%	394.90%	255.30%	-15.08%	-17.97%
BAJFINANCE.NS Bajaj Finance Limited	-12.10%	39.44%	-8.53%	11.82%	-14.57%	29.58%	22.90%	56.63%	38.45%	-4.15%

Correlation

The correlation between SE and BAJFINANCE.NS is 0.07, 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	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (All Time) Calculated using the full available price history since Oct 20, 2017	0.11

Return for Risk

SE vs. BAJFINANCE.NS — Risk / Return Rank

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

SE

SE Risk / Return Rank: 10
SE Sharpe Ratio Rank: 7
SE Sortino Ratio Rank: 8
SE Omega Ratio Rank: 8
SE Calmar Ratio Rank: 13
SE Martin Ratio Rank: 13

BAJFINANCE.NS

BAJFINANCE.NS Risk / Return Rank: 38
BAJFINANCE.NS Sharpe Ratio Rank: 40
BAJFINANCE.NS Sortino Ratio Rank: 34
BAJFINANCE.NS Omega Ratio Rank: 34
BAJFINANCE.NS Calmar Ratio Rank: 41
BAJFINANCE.NS Martin Ratio Rank: 40

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.

SE vs. BAJFINANCE.NS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sea Limited (SE) and Bajaj Finance Limited (BAJFINANCE.NS). 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.

	SE	BAJFINANCE.NS	Difference
Sharpe ratio: Return per unit of total volatility	-0.92	-0.39	-0.52
Sortino ratio: Return per unit of downside risk	-1.37	-0.38	-0.99
Omega ratio: Gain probability vs. loss probability	0.83	0.95	-0.12
Calmar ratio: Return relative to maximum drawdown	-0.77	-0.38	-0.40
Martin ratio: Return relative to average drawdown	-1.27	-0.82	-0.45

SE vs. BAJFINANCE.NS - Sharpe Ratio Comparison

The current SE Sharpe Ratio is -0.92, which is lower than the BAJFINANCE.NS Sharpe Ratio of -0.39. The chart below compares the historical Sharpe Ratios of SE and BAJFINANCE.NS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SE vs. BAJFINANCE.NS - Drawdown Comparison

The maximum SE drawdown since its inception was -90.51%, roughly equal to the maximum BAJFINANCE.NS drawdown of -92.95%. Use the drawdown chart below to compare losses from any high point for SE and BAJFINANCE.NS.

Drawdown Indicators

	SE	BAJFINANCE.NS	Difference
Max Drawdown Largest peak-to-trough decline	-90.51%	-92.95%	+2.44%
Max Drawdown (1Y) Largest decline over 1 year	-60.22%	-31.79%	-28.43%
Max Drawdown (3Y) Largest decline over 3 years	-60.22%	-31.79%	-28.43%
Max Drawdown (5Y) Largest decline over 5 years	-90.51%	-36.66%	-53.85%
Max Drawdown (10Y) Largest decline over 10 years	—	-64.28%	—
Current Drawdown Current decline from peak	-77.40%	-22.56%	-54.84%
Average Drawdown Average peak-to-trough decline	-44.10%	-19.22%	-24.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	36.57%	14.41%	+22.16%

Volatility

SE vs. BAJFINANCE.NS - Volatility Comparison

Sea Limited (SE) has a higher volatility of 14.69% compared to Bajaj Finance Limited (BAJFINANCE.NS) at 9.21%. This indicates that SE's price experiences larger fluctuations and is considered to be riskier than BAJFINANCE.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SE	BAJFINANCE.NS	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.69%	9.21%	+5.48%
Volatility (6M) Calculated over the trailing 6-month period	38.05%	23.92%	+14.13%
Volatility (1Y) Calculated over the trailing 1-year period	50.74%	30.54%	+20.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	64.13%	29.03%	+35.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.59%	37.11%	+25.48%

Dividends

SE vs. BAJFINANCE.NS - Dividend Comparison

Neither SE nor BAJFINANCE.NS has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BAJFINANCE.NS Bajaj Finance Limited	0.00%	1.13%	1.06%	0.82%	0.61%	0.29%	0.38%	0.28%	0.30%	4.10%
SE Sea Limited	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both SE and BAJFINANCE.NS in my portfolio?

SE and BAJFINANCE.NS have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.