SPNS vs. DELL

Last updated Jun 24, 2026

SPNS (Sapiens International Corporation N.V.) and DELL (Dell Technologies Inc.) are both stocks. Both are in the Technology sector — SPNS in Software - Application, DELL in Computer Hardware. At a 0.31 correlation, their price movements are largely independent.

Performance

SPNS vs. DELL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sapiens International Corporation N.V. (SPNS) and Dell Technologies Inc. (DELL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SPNS

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DELL

• 1D: 2.17%
• 1M: 44.92%
• YTD: 242.37%
• 6M: 237.71%
• 1Y: 267.98%
• 3Y*: 107.01%
• 5Y*: 56.41%
• 10Y*: —

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

SPNS vs. DELL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
SPNS Sapiens International Corporation N.V.	0.00%	65.98%	-5.58%	59.83%	-44.74%	13.83%	33.84%	111.05%	2.99%
DELL Dell Technologies Inc.	242.37%	11.22%	52.97%	95.85%	-26.63%	51.21%	42.62%	5.16%	14.50%

Correlation

The correlation between SPNS and DELL is -0.06, 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	-0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (All Time) Calculated using the full available price history since Dec 21, 2018	0.31

The correlation between SPNS and DELL shifts across timeframes, from -0.06 (1 year) to 0.31 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap SPNS : $2.45B DELL : $280.62B
EPS SPNS : $1.14 DELL : $12.42
PE Ratio SPNS : 37.99 DELL : 34.44
PEG Ratio SPNS : 2.06 DELL : 2.19
PS Ratio SPNS : 4.33 DELL : 2.16
Total Revenue (TTM) SPNS : $564.33M DELL : $134.00B
Gross Profit (TTM) SPNS : $250.01M DELL : $25.67B
EBITDA (TTM) SPNS : $93.46M DELL : $10.64B

Return for Risk

SPNS vs. DELL — Risk / Return Rank

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

SPNS

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

DELL

DELL Risk / Return Rank: 96
DELL Sharpe Ratio Rank: 98
DELL Sortino Ratio Rank: 97
DELL Omega Ratio Rank: 96
DELL Calmar Ratio Rank: 97
DELL Martin Ratio Rank: 95

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.

SPNS vs. DELL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sapiens International Corporation N.V. (SPNS) and Dell Technologies Inc. (DELL). 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.

	SPNS	DELL	Difference
Sharpe ratio: Return per unit of total volatility	—	4.10	—
Sortino ratio: Return per unit of downside risk	—	4.71	—
Omega ratio: Gain probability vs. loss probability	—	1.58	—
Calmar ratio: Return relative to maximum drawdown	—	8.35	—
Martin ratio: Return relative to average drawdown	—	18.46	—

Drawdowns

Drawdown Indicators

	SPNS	DELL	Difference
Max Drawdown Largest peak-to-trough decline	—	-59.59%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-32.34%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-59.59%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-59.59%	—
Current Drawdown Current decline from peak	—	-8.19%	—
Average Drawdown Average peak-to-trough decline	—	-18.45%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	14.59%	—

Volatility

Volatility by Period

	SPNS	DELL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	36.29%	—
Volatility (6M) Calculated over the trailing 6-month period	—	53.97%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	65.90%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	50.95%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	47.97%	—

Dividends

SPNS vs. DELL - Dividend Comparison

SPNS has not paid dividends to shareholders, while DELL's dividend yield for the trailing twelve months is around 0.52%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DELL Dell Technologies Inc.	0.52%	1.60%	1.48%	1.88%	2.46%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPNS Sapiens International Corporation N.V.	0.00%	1.52%	2.12%	1.76%	3.79%	1.07%	0.46%	0.96%	1.81%	1.74%	1.39%	4.41%

Financials

SPNS vs. DELL - Profitability Comparison

The chart below illustrates the profitability comparison between Sapiens International Corporation N.V. and Dell Technologies Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SPNS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sapiens International Corporation N.V. reported a gross profit of 67.31M and revenue of 152.32M. Therefore, the gross margin over that period was 44.2%.

DELL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Dell Technologies Inc. reported a gross profit of 7.78B and revenue of 43.84B. Therefore, the gross margin over that period was 17.8%.

SPNS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sapiens International Corporation N.V. reported an operating income of 17.76M and revenue of 152.32M, resulting in an operating margin of 11.7%.

DELL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Dell Technologies Inc. reported an operating income of 3.66B and revenue of 43.84B, resulting in an operating margin of 8.3%.

SPNS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sapiens International Corporation N.V. reported a net income of 14.30M and revenue of 152.32M, resulting in a net margin of 9.4%.

DELL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Dell Technologies Inc. reported a net income of 3.44B and revenue of 43.84B, resulting in a net margin of 7.8%.

Frequently Asked Questions

Can I hold both SPNS and DELL in my portfolio?

SPNS and DELL have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.