TEF vs. BBVA
Compare and contrast key facts about Telefónica, S.A. (TEF) and Banco Bilbao Vizcaya Argentaria, S.A. (BBVA).
Performance
TEF vs. BBVA - Performance Comparison
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TEF vs. BBVA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TEF Telefónica, S.A. | -5.93% | 8.59% | 11.16% | 18.09% | -6.36% | 20.27% | -36.44% | -12.77% | -7.83% | 9.97% |
BBVA Banco Bilbao Vizcaya Argentaria, S.A. | -6.39% | 153.74% | 14.20% | 62.48% | 10.09% | 22.05% | -6.31% | 11.07% | -35.01% | 32.83% |
Fundamentals
TEF:
$21.48B
BBVA:
$130.31B
TEF:
-$0.38
BBVA:
$3.12
TEF:
0.56
BBVA:
1.58
TEF:
1.22
BBVA:
2.27
TEF:
$38.27B
BBVA:
$81.83B
TEF:
$32.04B
BBVA:
$61.08B
TEF:
$14.31B
BBVA:
$37.54B
Returns By Period
In the year-to-date period, TEF achieves a -5.93% return, which is significantly higher than BBVA's -6.39% return. Over the past 10 years, TEF has underperformed BBVA with an annualized return of -2.34%, while BBVA has yielded a comparatively higher 19.16% annualized return.
TEF
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- -5.93%
- 6M
- -21.74%
- 1Y
- -12.63%
- 3Y*
- 3.80%
- 5Y*
- 6.13%
- 10Y*
- -2.34%
BBVA
- 1D
- 0.74%
- 1M
- -1.89%
- YTD
- -6.39%
- 6M
- 15.64%
- 1Y
- 68.27%
- 3Y*
- 55.46%
- 5Y*
- 41.00%
- 10Y*
- 19.16%
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Return for Risk
TEF vs. BBVA — Risk / Return Rank
TEF
BBVA
TEF vs. BBVA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Telefónica, S.A. (TEF) and Banco Bilbao Vizcaya Argentaria, S.A. (BBVA). 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.
| TEF | BBVA | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.52 | 1.99 | -2.51 |
Sortino ratioReturn per unit of downside risk | -0.52 | 2.48 | -3.00 |
Omega ratioGain probability vs. loss probability | 0.92 | 1.34 | -0.42 |
Calmar ratioReturn relative to maximum drawdown | -0.26 | 3.14 | -3.40 |
Martin ratioReturn relative to average drawdown | -0.46 | 10.12 | -10.58 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TEF | BBVA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.52 | 1.99 | -2.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 1.24 | -0.98 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.09 | 0.53 | -0.61 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.26 | -0.05 |
Correlation
The correlation between TEF and BBVA is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
TEF vs. BBVA - Dividend Comparison
TEF's dividend yield for the trailing twelve months is around 9.02%, more than BBVA's 3.75% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TEF Telefónica, S.A. | 9.02% | 8.48% | 7.97% | 8.30% | 8.77% | 9.65% | 11.21% | 6.39% | 5.52% | 4.77% | 8.76% | 9.98% |
BBVA Banco Bilbao Vizcaya Argentaria, S.A. | 3.75% | 3.51% | 7.71% | 5.51% | 6.29% | 2.79% | 3.50% | 5.23% | 5.75% | 5.17% | 6.02% | 4.29% |
Drawdowns
TEF vs. BBVA - Drawdown Comparison
The maximum TEF drawdown since its inception was -79.71%, roughly equal to the maximum BBVA drawdown of -78.31%. Use the drawdown chart below to compare losses from any high point for TEF and BBVA.
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Drawdown Indicators
| TEF | BBVA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.71% | -78.31% | -1.40% |
Max Drawdown (1Y)Largest decline over 1 year | -30.38% | -22.14% | -8.24% |
Max Drawdown (5Y)Largest decline over 5 years | -38.72% | -42.28% | +3.56% |
Max Drawdown (10Y)Largest decline over 10 years | -65.52% | -69.63% | +4.11% |
Current DrawdownCurrent decline from peak | -60.77% | -16.43% | -44.34% |
Average DrawdownAverage peak-to-trough decline | -33.51% | -29.17% | -4.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.16% | 6.87% | +10.29% |
Volatility
TEF vs. BBVA - Volatility Comparison
The current volatility for Telefónica, S.A. (TEF) is 0.00%, while Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) has a volatility of 12.59%. This indicates that TEF experiences smaller price fluctuations and is considered to be less risky than BBVA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TEF | BBVA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 12.59% | -12.59% |
Volatility (6M)Calculated over the trailing 6-month period | 19.63% | 25.06% | -5.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.14% | 34.48% | -8.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.69% | 33.14% | -9.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.44% | 36.36% | -8.92% |
Financials
TEF vs. BBVA - Financials Comparison
This section allows you to compare key financial metrics between Telefónica, S.A. and Banco Bilbao Vizcaya Argentaria, S.A.. 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
TEF vs. BBVA - Profitability Comparison
TEF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Telefónica, S.A. reported a gross profit of 3.13B and revenue of 9.36B. Therefore, the gross margin over that period was 33.5%.
BBVA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Banco Bilbao Vizcaya Argentaria, S.A. reported a gross profit of 36.93B and revenue of 36.93B. Therefore, the gross margin over that period was 100.0%.
TEF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Telefónica, S.A. reported an operating income of 952.00M and revenue of 9.36B, resulting in an operating margin of 10.2%.
BBVA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Banco Bilbao Vizcaya Argentaria, S.A. reported an operating income of 22.60B and revenue of 36.93B, resulting in an operating margin of 61.2%.
TEF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Telefónica, S.A. reported a net income of 276.00M and revenue of 9.36B, resulting in a net margin of 3.0%.
BBVA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Banco Bilbao Vizcaya Argentaria, S.A. reported a net income of 10.51B and revenue of 36.93B, resulting in a net margin of 28.5%.