INDB vs CAAP
Comparison between Independent Bank Corp (INDB, Company) and Corporacion America Airports S.A. (CAAP, Company).
INDB is from the Financial Services sector, while CAAP is from the Industrials sector.
5-Year PerformanceCAAP has outperformed INDB, delivering a return of +36.5% compared to +7.7%
INDB vs CAAP - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
INDB vs CAAP - Historical Returns
Returns include dividend reinvestment.
INDB vs CAAP - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | INDB | CAAP |
|---|---|---|
| 2026 | +21.06% | -5.16% |
| 2025 | +19.78% | +34.99% |
| 2024 | +2.44% | +17.73% |
| 2023 | -17.02% | +83.96% |
| 2022 | +3.94% | +45.99% |
| 2021 | +15.04% | +48.71% |
| 2020 | -9.78% | -36.57% |
| 2019 | +18.14% | -8.12% |
| 2018 | +3.24% | -59.57% |
| 2017 | +1.19% | N/A |
| 2016 | +58.20% | N/A |
| 2015 | +13.16% | N/A |
| 2014 | +14.22% | N/A |
| 2013 | +34.53% | N/A |
| 2012 | +6.28% | N/A |
| 2011 | -0.44% | N/A |
| 2010 | +31.22% | N/A |
| 2009 | -17.19% | N/A |
| 2008 | +3.50% | N/A |
| 2007 | -22.69% | N/A |
| 2006 | +25.42% | N/A |
| 2005 | -11.86% | N/A |
| 2004 | +21.49% | N/A |
| 2003 | +24.60% | N/A |
| 2002 | +6.74% | N/A |
| 2001 | +81.79% | N/A |
| 2000 | +2.42% | N/A |
| 1999 | -5.83% | N/A |
INDB vs CAAP Drawdown Comparison
The maximum drawdown for INDB was -68.87%, occurring on Mar 9, 2009. Recovery took 1526 trading sessions.
The maximum drawdown for CAAP was -89.88%, occurring on Apr 3, 2020. Recovery took 1482 trading sessions.
The current CAAP drawdown is -16.97%.
| Rank | INDB | CAAP |
|---|---|---|
| #1 | -68.87% Dec 27, 2006 - Jan 22, 2013 | -89.88% Feb 2, 2018 - Dec 22, 2023 |
| #2 | -52.59% Mar 12, 2021 - Feb 3, 2026 | -25.00% May 20, 2024 - Oct 10, 2024 |
| #3 | -42.91% Sep 7, 2018 - Feb 24, 2021 | -22.74% Dec 16, 2024 - May 9, 2025 |
| #4 | -33.80% Apr 16, 2002 - Aug 12, 2003 | -21.68% Jan 29, 2026 - Mar 30, 2026 |
| #5 | -31.92% Nov 3, 1999 - Aug 11, 2000 | -21.36% Aug 21, 2025 - Nov 11, 2025 |
| #6 | -30.44% Sep 20, 2000 - Feb 13, 2001 | -18.71% Feb 6, 2024 - Apr 3, 2024 |
| #7 | -29.03% Dec 1, 2004 - Nov 15, 2006 | -12.18% May 19, 2025 - Aug 21, 2025 |
| #8 | -27.91% Aug 21, 2001 - Nov 20, 2001 | -8.73% Nov 19, 2024 - Dec 5, 2024 |
| #9 | -20.30% Nov 27, 2015 - Aug 5, 2016 | -8.54% Dec 22, 2023 - Feb 6, 2024 |
| #10 | -17.28% Feb 10, 2004 - Sep 9, 2004 | -7.31% Oct 11, 2024 - Oct 28, 2024 |
| #11 | -15.54% Jan 4, 2017 - Jul 21, 2017 | -7.16% Apr 8, 2024 - May 7, 2024 |
| #12 | -14.30% Feb 6, 2026 - Jul 1, 2026 | -6.71% Jan 5, 2026 - Jan 21, 2026 |
| #13 | -13.73% Jul 20, 2015 - Nov 6, 2015 | -5.51% Dec 3, 2025 - Jan 2, 2026 |
| #14 | -13.47% Apr 1, 2014 - Oct 31, 2014 | -4.36% Nov 12, 2025 - Nov 25, 2025 |
| #15 | -12.73% Dec 30, 2014 - Mar 16, 2015 | -3.49% Nov 14, 2024 - Nov 19, 2024 |
Correlation
Correlation between INDB and CAAP is 0.21 which considered as a very weak or no correlation - the stocks move independently of each other.
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