SOF.BR vs. ARGX

Last updated Jun 13, 2026

SOF.BR (Sofina Société Anonyme) and ARGX (argenx SE) are both stocks. SOF.BR operates in Asset Management (Financial Services), while ARGX operates in Biotechnology (Healthcare). Over the past 5 years, SOF.BR returned -8.43%/yr vs 24.34%/yr for ARGX. At a 0.13 correlation, their price movements are largely independent.

Performance

SOF.BR vs. ARGX - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Sofina Société Anonyme (SOF.BR) and argenx SE (ARGX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SOF.BR is traded in EUR, while ARGX is traded in USD. To make them comparable, the ARGX values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, SOF.BR achieves a -11.22% return, which is significantly lower than ARGX's 7.89% return.

SOF.BR

• 1D: 2.26%
• 1M: 0.78%
• YTD: -11.22%
• 6M: -7.94%
• 1Y: -13.53%
• 3Y*: 3.50%
• 5Y*: -8.43%
• 10Y*: 8.03%

ARGX

• 1D: -0.52%
• 1M: 9.65%
• YTD: 7.89%
• 6M: 3.28%
• 1Y: 54.39%
• 3Y*: 28.11%
• 5Y*: 24.34%
• 10Y*: —

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

SOF.BR vs. ARGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SOF.BR Sofina Société Anonyme	-11.22%	14.69%	-1.65%	11.37%	-51.86%	57.47%	45.71%	17.99%	28.74%	0.42%
ARGX argenx SE	7.89%	20.51%	72.33%	-2.59%	14.88%	27.98%	68.11%	70.86%	59.30%	226.19%

Correlation

The correlation between SOF.BR and ARGX 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	0.09
Correlation (5Y) Calculated over the trailing 5-year period	0.08
Correlation (All Time) Calculated using the full available price history since May 18, 2017	0.13

Return for Risk

SOF.BR vs. ARGX — Risk / Return Rank

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

SOF.BR

SOF.BR Risk / Return Rank: 17
SOF.BR Sharpe Ratio Rank: 13
SOF.BR Sortino Ratio Rank: 15
SOF.BR Omega Ratio Rank: 15
SOF.BR Calmar Ratio Rank: 21
SOF.BR Martin Ratio Rank: 20

ARGX

ARGX Risk / Return Rank: 81
ARGX Sharpe Ratio Rank: 86
ARGX Sortino Ratio Rank: 85
ARGX Omega Ratio Rank: 82
ARGX Calmar Ratio Rank: 75
ARGX Martin Ratio Rank: 77

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.

SOF.BR vs. ARGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sofina Société Anonyme (SOF.BR) and argenx SE (ARGX). 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.

	SOF.BR	ARGX	Difference
Sharpe ratio: Return per unit of total volatility	-0.69	1.74	-2.43
Sortino ratio: Return per unit of downside risk	-0.85	2.58	-3.43
Omega ratio: Gain probability vs. loss probability	0.90	1.31	-0.41
Calmar ratio: Return relative to maximum drawdown	-0.61	1.86	-2.46
Martin ratio: Return relative to average drawdown	-1.08	4.71	-5.79

SOF.BR vs. ARGX - Sharpe Ratio Comparison

The current SOF.BR Sharpe Ratio is -0.69, which is lower than the ARGX Sharpe Ratio of 1.74. The chart below compares the historical Sharpe Ratios of SOF.BR and ARGX, 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

SOF.BR vs. ARGX - Drawdown Comparison

The maximum SOF.BR drawdown since its inception was -59.53%, which is greater than ARGX's maximum drawdown of -37.47%. Use the drawdown chart below to compare losses from any high point for SOF.BR and ARGX.

Drawdown Indicators

	SOF.BR	ARGX	Difference
Max Drawdown Largest peak-to-trough decline	-59.53%	-37.47%	-22.06%
Max Drawdown (1Y) Largest decline over 1 year	-26.62%	-28.45%	+1.83%
Max Drawdown (3Y) Largest decline over 3 years	-26.62%	-37.47%	+10.85%
Max Drawdown (5Y) Largest decline over 5 years	-59.53%	-37.47%	-22.06%
Max Drawdown (10Y) Largest decline over 10 years	-59.53%	—	—
Current Drawdown Current decline from peak	-46.64%	-3.69%	-42.95%
Average Drawdown Average peak-to-trough decline	-19.13%	-10.98%	-8.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.02%	11.25%	+3.77%

Volatility

SOF.BR vs. ARGX - Volatility Comparison

The current volatility for Sofina Société Anonyme (SOF.BR) is 6.23%, while argenx SE (ARGX) has a volatility of 11.78%. This indicates that SOF.BR experiences smaller price fluctuations and is considered to be less risky than ARGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SOF.BR	ARGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.23%	11.78%	-5.55%
Volatility (6M) Calculated over the trailing 6-month period	16.85%	21.79%	-4.94%
Volatility (1Y) Calculated over the trailing 1-year period	23.40%	30.31%	-6.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.53%	38.47%	-9.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.81%	51.37%	-26.56%

Dividends

SOF.BR vs. ARGX - Dividend Comparison

SOF.BR's dividend yield for the trailing twelve months is around 1.18%, while ARGX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARGX argenx SE	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SOF.BR Sofina Société Anonyme	1.18%	1.41%	1.53%	1.44%	1.52%	0.70%	1.05%	1.45%	1.61%	1.95%	1.96%	2.21%

Financials

Frequently Asked Questions

Can I hold both SOF.BR and ARGX in my portfolio?

SOF.BR and ARGX 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.