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^IBEX vs. BBVA
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ^IBEX and BBVA is 0.65, 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.


-0.50.00.51.00.6

Performance

^IBEX vs. BBVA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IBEX 35 Index (^IBEX) and Banco Bilbao Vizcaya Argentaria, S.A. (BBVA). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-0.73%
-0.63%
^IBEX
BBVA

Key characteristics

Sharpe Ratio

^IBEX:

1.01

BBVA:

0.45

Sortino Ratio

^IBEX:

1.43

BBVA:

0.76

Omega Ratio

^IBEX:

1.17

BBVA:

1.10

Calmar Ratio

^IBEX:

0.35

BBVA:

0.74

Martin Ratio

^IBEX:

4.99

BBVA:

1.36

Ulcer Index

^IBEX:

2.69%

BBVA:

10.17%

Daily Std Dev

^IBEX:

13.16%

BBVA:

30.70%

Max Drawdown

^IBEX:

-62.65%

BBVA:

-80.19%

Current Drawdown

^IBEX:

-28.26%

BBVA:

-15.17%

Returns By Period

The year-to-date returns for both investments are quite close, with ^IBEX having a 13.24% return and BBVA slightly higher at 13.43%. Over the past 10 years, ^IBEX has underperformed BBVA with an annualized return of 0.97%, while BBVA has yielded a comparatively higher 5.42% annualized return.


^IBEX

YTD

13.24%

1M

-1.28%

6M

2.50%

1Y

13.26%

5Y*

3.34%

10Y*

0.97%

BBVA

YTD

13.43%

1M

-2.13%

6M

-0.63%

1Y

17.15%

5Y*

18.33%

10Y*

5.42%

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Risk-Adjusted Performance

^IBEX vs. BBVA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for IBEX 35 Index (^IBEX) 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.


Sharpe ratio
The chart of Sharpe ratio for ^IBEX, currently valued at 0.40, compared to the broader market-1.000.001.002.000.400.41
The chart of Sortino ratio for ^IBEX, currently valued at 0.64, compared to the broader market-1.000.001.002.003.000.640.71
The chart of Omega ratio for ^IBEX, currently valued at 1.08, compared to the broader market0.800.901.001.101.201.301.401.081.10
The chart of Calmar ratio for ^IBEX, currently valued at 0.12, compared to the broader market0.001.002.003.004.000.120.66
The chart of Martin ratio for ^IBEX, currently valued at 1.53, compared to the broader market0.005.0010.0015.001.531.19
^IBEX
BBVA

The current ^IBEX Sharpe Ratio is 1.01, which is higher than the BBVA Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of ^IBEX and BBVA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.40
0.41
^IBEX
BBVA

Drawdowns

^IBEX vs. BBVA - Drawdown Comparison

The maximum ^IBEX drawdown since its inception was -62.65%, smaller than the maximum BBVA drawdown of -80.19%. Use the drawdown chart below to compare losses from any high point for ^IBEX and BBVA. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%JulyAugustSeptemberOctoberNovemberDecember
-49.33%
-15.17%
^IBEX
BBVA

Volatility

^IBEX vs. BBVA - Volatility Comparison

The current volatility for IBEX 35 Index (^IBEX) is 4.67%, while Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) has a volatility of 7.82%. This indicates that ^IBEX 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.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
4.67%
7.82%
^IBEX
BBVA
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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