SPPL vs. BNAI

Last updated Aug 1, 2026

SPPL (SIMPPLE LTD. Ordinary Shares) and BNAI (Brand Engagement Network Inc) are both stocks. Both are in the Technology sector — SPPL in Software - Application, BNAI in Software - Infrastructure. Over the past year, SPPL returned 23.50% vs 245.43% for BNAI. Their 0.02 correlation means their historical movements had little consistent relationship.

Performance

SPPL vs. BNAI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SIMPPLE LTD. Ordinary Shares (SPPL) and Brand Engagement Network Inc (BNAI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SPPL achieves a -18.35% return, which is significantly lower than BNAI's 404.74% return.

SPPL

• 1D: 4.52%
• 1M: -0.29%
• 6M: 6.77%
• YTD: -18.35%
• 1Y: 23.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -56.91%

BNAI

• 1D: -2.01%
• 1M: -31.88%
• 6M: -52.69%
• YTD: 404.74%
• 1Y: 245.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -59.16%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BNAI Brand Engagement Network Inc	$1.83M	$2.48M	$9.48M
SPPL SIMPPLE LTD. Ordinary Shares	$171.68K	$190.42K	$3.56M

SPPL vs. BNAI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SPPL SIMPPLE LTD. Ordinary Shares	-18.35%	-46.88%	-17.36%
BNAI Brand Engagement Network Inc	404.74%	-76.18%	-90.12%

Correlation

The correlation between SPPL and BNAI is -0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.08
Correlation (All Time) Calculated using the full available price history since Mar 14, 2024	0.02

The correlation between SPPL and BNAI shifts across timeframes, from -0.08 (1 year) to 0.02 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap SPPL : $16.91M BNAI : $56.92M
EPS SPPL : -SGD 1.34 BNAI : -$2.01
PS Ratio SPPL : 2.92 BNAI : 182.85
PB Ratio SPPL : 7.51 BNAI : 14.80
Total Revenue (TTM) SPPL : SGD 8.82M BNAI : $275.12K
Gross Profit (TTM) SPPL : SGD 4.79M BNAI : $0.00
EBITDA (TTM) SPPL : -SGD 7.00M BNAI : -$8.76M

Return for Risk

SPPL vs. BNAI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SPPL

SPPL Risk / Return Rank: 54
SPPL Sharpe Ratio Rank: 52
SPPL Sortino Ratio Rank: 59
SPPL Omega Ratio Rank: 57
SPPL Calmar Ratio Rank: 51
SPPL Martin Ratio Rank: 50

BNAI

BNAI Risk / Return Rank: 86
BNAI Sharpe Ratio Rank: 68
BNAI Sortino Ratio Rank: 98
BNAI Omega Ratio Rank: 97
BNAI Calmar Ratio Rank: 87
BNAI Martin Ratio Rank: 79

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SPPL vs. BNAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SIMPPLE LTD. Ordinary Shares (SPPL) and Brand Engagement Network Inc (BNAI). 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.

	SPPL	BNAI	Difference
Sharpe ratio: Return per unit of total volatility	0.19	0.68	-0.49
Sortino ratio: Return per unit of downside risk	1.01	4.59	-3.58
Omega ratio: Gain probability vs. loss probability	1.12	1.55	-0.43
Calmar ratio: Return relative to maximum drawdown	0.24	3.02	-2.78
Martin ratio: Return relative to average drawdown	0.39	4.93	-4.53

SPPL vs. BNAI - Sharpe Ratio Comparison

The current SPPL Sharpe Ratio is 0.19, which is lower than the BNAI Sharpe Ratio of 0.68. The chart below compares the historical Sharpe Ratios of SPPL and BNAI, 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

SPPL vs. BNAI - Drawdown Comparison

The maximum SPPL drawdown since its inception was -97.62%, roughly equal to the maximum BNAI drawdown of -99.13%. Use the drawdown chart below to compare losses from any high point for SPPL and BNAI.

Drawdown Indicators

	SPPL	BNAI	Difference
Max Drawdown Largest peak-to-trough decline	-97.62%	-99.13%	+1.51%
Max Drawdown (1Y) Largest decline over 1 year	-72.81%	-83.05%	+10.24%
Current Drawdown Current decline from peak	-95.41%	-91.48%	-3.93%
Average Drawdown Average peak-to-trough decline	-81.91%	-88.34%	+6.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	44.83%	50.87%	-6.04%

Volatility

SPPL vs. BNAI - Volatility Comparison

The current volatility for SIMPPLE LTD. Ordinary Shares (SPPL) is 18.86%, while Brand Engagement Network Inc (BNAI) has a volatility of 23.92%. This indicates that SPPL experiences smaller price fluctuations and is considered to be less risky than BNAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPPL	BNAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.86%	23.92%	-5.06%
Volatility (6M) Calculated over the trailing 6-month period	64.33%	133.56%	-69.23%
Volatility (1Y) Calculated over the trailing 1-year period	93.76%	368.23%	-274.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	201.53%	287.56%	-86.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	201.53%	287.56%	-86.03%

Dividends

SPPL vs. BNAI - Dividend Comparison

Neither SPPL nor BNAI has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both SPPL and BNAI in my portfolio?

SPPL and BNAI have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SPPL or BNAI?

BNAI has higher volatility (23.92%) compared to SPPL (18.86%). In terms of maximum drawdown, SPPL dropped -97.62% vs BNAI's -99.13%.

Which has better risk-adjusted returns?

BNAI currently has the higher Sharpe Ratio (0.68 vs 0.19), 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.