SINGY vs. BCO.DE

Last updated Jun 4, 2026

SINGY (Singapore Airlines Ltd) and BCO.DE (The Boeing Company) are both stocks. Both are in the Industrials sector — SINGY in Airlines, BCO.DE in Aerospace & Defense. Over the past 10 years, SINGY returned 1.94%/yr vs 6.19%/yr for BCO.DE. At a 0.20 correlation, their price movements are largely independent.

Performance

SINGY vs. BCO.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Singapore Airlines Ltd (SINGY) and The Boeing Company (BCO.DE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SINGY is traded in USD, while BCO.DE is traded in EUR. To make them comparable, the BCO.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, SINGY achieves a 10.58% return, which is significantly higher than BCO.DE's -2.23% return. Over the past 10 years, SINGY has underperformed BCO.DE with an annualized return of 1.94%, while BCO.DE has yielded a comparatively higher 6.19% annualized return.

SINGY

• 1D: 3.49%
• 1M: 12.98%
• YTD: 10.58%
• 6M: 11.77%
• 1Y: 5.51%
• 3Y*: 10.43%
• 5Y*: 12.22%
• 10Y*: 1.94%

BCO.DE

• 1D: -1.91%
• 1M: -3.88%
• YTD: -2.23%
• 6M: 5.36%
• 1Y: 0.24%
• 3Y*: 0.32%
• 5Y*: -3.10%
• 10Y*: 6.19%

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

SINGY vs. BCO.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SINGY Singapore Airlines Ltd	10.58%	12.15%	2.48%	26.74%	12.95%	13.91%	-41.19%	0.43%	-12.85%	23.67%
BCO.DE The Boeing Company	-2.23%	25.85%	-32.89%	37.84%	-7.29%	-6.63%	-34.05%	6.08%	8.58%	98.83%

Correlation

The correlation between SINGY and BCO.DE is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.24
Correlation (10Y) Calculated over the trailing 10-year period	0.21
Correlation (All Time) Calculated using the full available price history since Jan 16, 2009	0.20

The correlation between SINGY and BCO.DE shifts across timeframes, from 0.14 (1 year) to 0.24 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

SINGY vs. BCO.DE — Risk / Return Rank

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

SINGY

SINGY Risk / Return Rank: 48
SINGY Sharpe Ratio Rank: 53
SINGY Sortino Ratio Rank: 44
SINGY Omega Ratio Rank: 44
SINGY Calmar Ratio Rank: 50
SINGY Martin Ratio Rank: 48

BCO.DE

BCO.DE Risk / Return Rank: 36
BCO.DE Sharpe Ratio Rank: 39
BCO.DE Sortino Ratio Rank: 34
BCO.DE Omega Ratio Rank: 33
BCO.DE Calmar Ratio Rank: 38
BCO.DE Martin Ratio Rank: 38

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.

SINGY vs. BCO.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Singapore Airlines Ltd (SINGY) and The Boeing Company (BCO.DE). 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.

	SINGY	BCO.DE	Difference
Sharpe ratio Return per unit of total volatility	0.33	0.01	+0.32
Sortino ratio Return per unit of downside risk	0.55	0.23	+0.32
Omega ratio Gain probability vs. loss probability	1.08	1.03	+0.05
Calmar ratio Return relative to maximum drawdown	0.39	0.01	+0.38
Martin ratio Return relative to average drawdown	0.60	0.02	+0.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SINGY vs. BCO.DE - Sharpe Ratio Comparison

The current SINGY Sharpe Ratio is 0.33, which is higher than the BCO.DE Sharpe Ratio of 0.01. The chart below compares the historical Sharpe Ratios of SINGY and BCO.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SINGY	BCO.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.33	0.01	+0.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	-0.09	+0.69
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.06	0.15	-0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.16	-0.04

Drawdowns

SINGY vs. BCO.DE - Drawdown Comparison

The maximum SINGY drawdown since its inception was -65.58%, smaller than the maximum BCO.DE drawdown of -77.69%. Use the drawdown chart below to compare losses from any high point for SINGY and BCO.DE.

Drawdown Indicators

	SINGY	BCO.DE	Difference
Max Drawdown Largest peak-to-trough decline	-65.58%	-77.69%	+12.11%
Max Drawdown (1Y) Largest decline over 1 year	-14.22%	-24.94%	+10.72%
Max Drawdown (3Y) Largest decline over 3 years	-24.56%	-49.02%	+24.46%
Max Drawdown (5Y) Largest decline over 5 years	-24.56%	-54.42%	+29.86%
Max Drawdown (10Y) Largest decline over 10 years	-64.77%	-77.69%	+12.92%
Current Drawdown Current decline from peak	-5.12%	-50.57%	+45.45%
Average Drawdown Average peak-to-trough decline	-23.27%	-31.28%	+8.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.20%	10.88%	-1.68%

Volatility

SINGY vs. BCO.DE - Volatility Comparison

The current volatility for Singapore Airlines Ltd (SINGY) is 4.17%, while The Boeing Company (BCO.DE) has a volatility of 11.57%. This indicates that SINGY experiences smaller price fluctuations and is considered to be less risky than BCO.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SINGY	BCO.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.17%	11.57%	-7.40%
Volatility (6M) Calculated over the trailing 6-month period	12.65%	23.16%	-10.51%
Volatility (1Y) Calculated over the trailing 1-year period	16.90%	30.28%	-13.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.31%	35.93%	-15.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.36%	40.48%	-9.12%

Dividends

SINGY vs. BCO.DE - Dividend Comparison

SINGY's dividend yield for the trailing twelve months is around 5.38%, while BCO.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BCO.DE The Boeing Company	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.92%	2.14%	1.80%	1.75%	2.29%	2.08%
SINGY Singapore Airlines Ltd	5.38%	5.95%	7.60%	5.72%	1.74%	0.04%	26.32%	3.02%	3.71%	1.69%	9.33%	2.14%

Financials

Frequently Asked Questions

Can I hold both SINGY and BCO.DE in my portfolio?

SINGY and BCO.DE have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.