SPOT vs. SIEMENS.NS
SPOT (Spotify Technology S.A.) and SIEMENS.NS (Siemens Limited) are both stocks. SPOT operates in Internet Content & Information (Communication Services), while SIEMENS.NS operates in Specialty Industrial Machinery (Industrials). Over the past 5 years, SPOT returned 14.62%/yr vs 20.46%/yr for SIEMENS.NS. At a 0.05 correlation, their price movements are largely independent.
Performance
SPOT vs. SIEMENS.NS - Performance Comparison
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Different Trading Currencies
SPOT is traded in USD, while SIEMENS.NS is traded in INR. To make them comparable, the SIEMENS.NS values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SPOT achieves a -17.00% return, which is significantly lower than SIEMENS.NS's 8.42% return.
SPOT
- 1D
- -0.82%
- 1M
- 11.86%
- YTD
- -17.00%
- 6M
- -19.37%
- 1Y
- -31.42%
- 3Y*
- 47.06%
- 5Y*
- 14.62%
- 10Y*
- —
SIEMENS.NS
- 1D
- 0.00%
- 1M
- 0.12%
- YTD
- 8.42%
- 6M
- 6.43%
- 1Y
- -3.07%
- 3Y*
- 16.51%
- 5Y*
- 20.46%
- 10Y*
- 15.72%
SPOT vs. SIEMENS.NS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SPOT Spotify Technology S.A. | -17.00% | 29.80% | 138.08% | 138.01% | -66.27% | -25.62% | 110.40% | 31.76% | -31.59% |
SIEMENS.NS Siemens Limited | 10.07% | -13.71% | 58.65% | 42.59% | 8.42% | 48.10% | 3.98% | 41.23% | -11.18% |
Correlation
The correlation between SPOT and SIEMENS.NS is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2018 | 0.05 |
The correlation between SPOT and SIEMENS.NS shifts across timeframes, from -0.11 (1 year) to 0.05 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
SPOT vs. SIEMENS.NS — Risk / Return Rank
SPOT
SIEMENS.NS
SPOT vs. SIEMENS.NS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Spotify Technology S.A. (SPOT) and Siemens Limited (SIEMENS.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.
| SPOT | SIEMENS.NS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.93 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.01 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.67 | -0.16 | -0.52 |
| Martin ratioReturn relative to average drawdown | -1.16 | -0.34 | -0.82 |
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Drawdowns
SPOT vs. SIEMENS.NS - Drawdown Comparison
The maximum SPOT drawdown since its inception was -80.51%, roughly equal to the maximum SIEMENS.NS drawdown of -81.27%. Use the drawdown chart below to compare losses from any high point for SPOT and SIEMENS.NS.
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Drawdown Indicators
| SPOT | SIEMENS.NS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.51% | -81.27% | +0.76% |
Max Drawdown (1Y)Largest decline over 1 year | -46.80% | -19.84% | -26.96% |
Max Drawdown (3Y)Largest decline over 3 years | -46.80% | -44.15% | -2.65% |
Max Drawdown (5Y)Largest decline over 5 years | -76.39% | -44.15% | -32.24% |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.63% | — |
Current DrawdownCurrent decline from peak | -37.88% | -24.80% | -13.08% |
Average DrawdownAverage peak-to-trough decline | -30.87% | -23.89% | -6.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.16% | 10.25% | +16.91% |
Volatility
SPOT vs. SIEMENS.NS - Volatility Comparison
Spotify Technology S.A. (SPOT) has a higher volatility of 16.23% compared to Siemens Limited (SIEMENS.NS) at 11.61%. This indicates that SPOT's price experiences larger fluctuations and is considered to be riskier than SIEMENS.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPOT | SIEMENS.NS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.23% | 11.61% | +4.62% |
Volatility (6M)Calculated over the trailing 6-month period | 37.28% | 26.94% | +10.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.28% | 32.05% | +13.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.58% | 31.15% | +16.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.36% | 31.00% | +16.36% |
Dividends
SPOT vs. SIEMENS.NS - Dividend Comparison
Neither SPOT nor SIEMENS.NS has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SIEMENS.NS Siemens Limited | 0.00% | 0.39% | 0.29% | 0.48% | 0.55% | 0.57% | 0.86% | 0.90% | 1.29% | 0.93% | 5.45% | 0.96% |
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. SIEMENS.NS - Financials Comparison
This section allows you to compare key financial metrics between Spotify Technology S.A. and Siemens Limited. 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
Frequently Asked Questions
SPOT and SIEMENS.NS have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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