SPOT vs. ABBV
SPOT (Spotify Technology S.A.) and ABBV (AbbVie Inc.) are both stocks. SPOT operates in Internet Content & Information (Communication Services), while ABBV operates in Drug Manufacturers - General (Healthcare). Over the past 5 years, SPOT returned 11.51%/yr vs 19.80%/yr for ABBV. At a 0.08 correlation, their price movements are largely independent.
Performance
SPOT vs. ABBV - Performance Comparison
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Returns By Period
In the year-to-date period, SPOT achieves a -21.56% return, which is significantly lower than ABBV's 4.43% return.
SPOT
- 1D
- -0.84%
- 1M
- -12.38%
- YTD
- -21.56%
- 6M
- -21.38%
- 1Y
- -37.70%
- 3Y*
- 42.48%
- 5Y*
- 11.51%
- 10Y*
- —
ABBV
- 1D
- 2.07%
- 1M
- 8.84%
- YTD
- 4.43%
- 6M
- 4.29%
- 1Y
- 31.92%
- 3Y*
- 24.36%
- 5Y*
- 19.80%
- 10Y*
- 19.47%
SPOT vs. ABBV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SPOT Spotify Technology S.A. | -21.56% | 29.80% | 138.08% | 138.01% | -66.27% | -25.62% | 110.40% | 31.76% | -31.59% |
ABBV AbbVie Inc. | 4.43% | 33.08% | 18.86% | -0.23% | 24.01% | 32.43% | 27.72% | 1.47% | 3.98% |
Correlation
The correlation between SPOT and ABBV is -0.02, 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 | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2018 | 0.08 |
Fundamentals
SPOT:
$95.33B
ABBV:
$416.46B
SPOT:
€12.94
ABBV:
$2.05
SPOT:
30.81
ABBV:
114.38
SPOT:
4.76
ABBV:
6.63
SPOT:
10.40
ABBV:
15.14
SPOT:
€17.60B
ABBV:
$62.82B
SPOT:
€5.68B
ABBV:
$46.15B
SPOT:
€2.75B
ABBV:
$17.96B
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Return for Risk
SPOT vs. ABBV — Risk / Return Rank
SPOT
ABBV
SPOT vs. ABBV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Spotify Technology S.A. (SPOT) and AbbVie Inc. (ABBV). 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.
| SPOT | ABBV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.11 | ||
| Sortino ratioReturn per unit of downside risk | -3.02 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.24 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.81 | 1.85 | -2.66 |
| Martin ratioReturn relative to average drawdown | -1.36 | 4.11 | -5.47 |
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Drawdowns
SPOT vs. ABBV - Drawdown Comparison
The maximum SPOT drawdown since its inception was -80.51%, which is greater than ABBV's maximum drawdown of -45.09%. Use the drawdown chart below to compare losses from any high point for SPOT and ABBV.
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Drawdown Indicators
| SPOT | ABBV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.51% | -45.09% | -35.42% |
Max Drawdown (1Y)Largest decline over 1 year | -46.80% | -17.32% | -29.48% |
Max Drawdown (3Y)Largest decline over 3 years | -46.80% | -20.74% | -26.06% |
Max Drawdown (5Y)Largest decline over 5 years | -76.39% | -21.92% | -54.47% |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.09% | — |
Current DrawdownCurrent decline from peak | -41.29% | -1.66% | -39.63% |
Average DrawdownAverage peak-to-trough decline | -30.89% | -10.70% | -20.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.85% | 7.78% | +20.07% |
Volatility
SPOT vs. ABBV - Volatility Comparison
Spotify Technology S.A. (SPOT) has a higher volatility of 11.25% compared to AbbVie Inc. (ABBV) at 9.26%. This indicates that SPOT's price experiences larger fluctuations and is considered to be riskier than ABBV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPOT | ABBV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.25% | 9.26% | +1.99% |
Volatility (6M)Calculated over the trailing 6-month period | 37.35% | 19.11% | +18.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.48% | 25.23% | +20.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.59% | 23.12% | +24.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.33% | 25.83% | +21.50% |
Dividends
SPOT vs. ABBV - Dividend Comparison
SPOT has not paid dividends to shareholders, while ABBV's dividend yield for the trailing twelve months is around 2.87%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABBV AbbVie Inc. | 2.87% | 2.87% | 3.49% | 3.82% | 3.49% | 3.84% | 4.41% | 4.83% | 3.89% | 2.65% | 3.64% | 3.41% |
SPOT Spotify Technology S.A. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
SPOT vs. ABBV - Financials Comparison
This section allows you to compare key financial metrics between Spotify Technology S.A. and AbbVie 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
SPOT vs. ABBV - Profitability Comparison
SPOT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Spotify Technology S.A. reported a gross profit of 1.51B and revenue of 4.61B. Therefore, the gross margin over that period was 32.9%.
ABBV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AbbVie Inc. reported a gross profit of 12.53B and revenue of 15.00B. Therefore, the gross margin over that period was 83.5%.
SPOT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Spotify Technology S.A. reported an operating income of 726.76M and revenue of 4.61B, resulting in an operating margin of 15.8%.
ABBV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AbbVie Inc. reported an operating income of 4.73B and revenue of 15.00B, resulting in an operating margin of 31.6%.
SPOT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Spotify Technology S.A. reported a net income of 732.86M and revenue of 4.61B, resulting in a net margin of 15.9%.
ABBV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AbbVie Inc. reported a net income of 699.00M and revenue of 15.00B, resulting in a net margin of 4.7%.
Frequently Asked Questions
SPOT and ABBV have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SPOT has higher volatility (11.25%) compared to ABBV (9.26%). In terms of maximum drawdown, SPOT dropped -80.51% vs ABBV's -45.09%.
ABBV currently has the higher Sharpe Ratio (1.27 vs -0.83), 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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