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SAN vs SPY

Comparison between Banco Santander S.A. (SAN, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSAN has outperformed SPY, delivering a return of +32.8% compared to +13.2%

SAN vs SPY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap / Net Assets
SAN
$205B
Winner
SPY
$784B
Expense Ratio
SAN
N/A
SPY
0.09%
Max Drawdown
SAN
91.95%
Winner
SPY
56.47%
Sharpe Ratio
Winner
SAN
1.70
SPY
1.54
5Y Beta
SAN
1.02
Winner
SPY
1.00
Industry
SAN
Banks - Diversified
SPY
N/A
P/E Ratio
Winner
SAN
11.34
SPY
27.62
Forward P/E
Winner
SAN
11.95
SPY
21.11
PEG Ratio
SAN
0.31
SPY
N/A
Dividend Yield
SAN
1.78%
SPY
N/A
5Y Dividends CAGR
Winner
SAN
53.32%
SPY
6.00%
5Y EPS CAGR
SAN
N/A
SPY
25.30%
Debt to Equity
SAN
409.15%
Winner
SPY
31.11%
Free Cash Flow Yield
SAN
16.69%
SPY
N/A
P/S Ratio
SAN
4.09
Winner
SPY
3.49
P/B Ratio
Winner
SAN
1.57
SPY
5.30

SAN vs SPY - Historical Returns

Returns include dividend reinvestment.

1M
Winner
SAN
+12.96%
SPY
-1.37%
3M
Winner
SAN
+23.53%
SPY
+12.22%
6M
Winner
SAN
+16.53%
SPY
+7.20%
1Y
Winner
SAN
+74.41%
SPY
+23.58%
5Y(CAGR)
Winner
SAN
+32.75%
SPY
+13.19%
10Y(CAGR)
Winner
SAN
+15.63%
SPY
+15.12%
Max(CAGR)
SAN
+6.89%
Winner
SPY
+8.44%

SAN vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearSANSPY
2026+14.11%+7.95%
2025+170.82%+18.00%
2024+14.07%+25.59%
2023+43.71%+26.72%
2022-8.56%-18.64%
2021+9.70%+30.52%
2020-25.25%+17.28%
2019-2.89%+31.09%
2018-28.63%-5.24%
2017+28.99%+20.78%
2016+12.36%+13.59%
2015-39.24%+1.31%
2014+1.48%+14.56%
2013+20.04%+29.00%
2012+19.88%+14.17%
2011-24.51%+0.85%
2010-33.86%+13.14%
2009+79.54%+22.67%
2008-52.24%-36.25%
2007+17.07%+5.32%
2006+41.85%+13.85%
2005+10.17%+5.32%
2004+6.28%+10.75%
2003+73.58%+24.18%
2002-3.61%-22.42%
2001-10.30%-10.13%
2000-7.51%-8.84%
1999+13.39%+8.61%

SAN vs SPY Drawdown Comparison

The maximum drawdown for SAN was -83.02%, occurring on Sep 23, 2020. Recovery took 4309 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current SAN drawdown is -0.80%. The current SPY drawdown is -3.18%.

RankSANSPY
#1-83.02%
May 15, 2008 - Jul 2, 2025		-55.20%
Oct 9, 2007 - Aug 16, 2012
#2-49.53%
May 3, 2002 - Jun 16, 2003		-47.50%
Mar 24, 2000 - Oct 26, 2006
#3-38.84%
Jan 18, 2001 - Apr 19, 2002		-33.70%
Feb 19, 2020 - Aug 10, 2020
#4-28.91%
Dec 17, 1999 - Jan 18, 2001		-24.50%
Jan 3, 2022 - Dec 13, 2023
#5-24.75%
Dec 10, 2007 - May 1, 2008		-19.34%
Sep 20, 2018 - Apr 12, 2019
#6-22.63%
Jan 6, 2004 - Nov 26, 2004		-18.76%
Feb 19, 2025 - Jun 26, 2025
#7-20.29%
Feb 25, 2026 - Jun 15, 2026		-13.02%
Jul 20, 2015 - Apr 18, 2016
#8-15.75%
May 9, 2006 - Aug 16, 2006		-10.10%
Jan 26, 2018 - Aug 6, 2018
#9-11.52%
Jul 19, 2007 - Oct 2, 2007		-9.44%
Sep 2, 2020 - Nov 11, 2020
#10-10.60%
Feb 20, 2007 - May 31, 2007		-9.30%
Jan 19, 2000 - Mar 17, 2000
#11-10.47%
Mar 10, 2005 - Aug 11, 2005		-9.05%
Jul 19, 2007 - Oct 5, 2007
#12-9.19%
Feb 2, 2026 - Feb 25, 2026		-8.88%
Jan 27, 2026 - Apr 14, 2026
#13-9.15%
Jun 16, 2003 - Oct 28, 2003		-8.41%
Jul 16, 2024 - Sep 19, 2024
#14-8.79%
Nov 12, 2025 - Dec 4, 2025		-7.35%
Sep 14, 2012 - Jan 2, 2013
#15-7.92%
Sep 30, 2025 - Nov 7, 2025		-7.27%
Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between SAN and SPY is 0.36 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.36
-101

Dividend Comparison (1999 - 2026)

SAN vs SPY dividend yield comparison.

YearSANSPY
20261.08%0.50%
20252.11%1.07%
20244.63%1.21%
20233.58%1.40%
20223.83%1.65%
20212.71%1.20%
20200.00%1.52%
20196.20%1.75%
20185.84%2.04%
20174.60%1.80%
20163.30%2.03%
20157.06%2.06%
20147.49%1.87%
20137.40%1.81%
201210.19%2.18%
20119.18%2.05%
20106.05%1.80%
20094.48%1.95%
200810.52%3.02%
20072.87%1.85%
20062.54%1.73%
20052.84%1.73%
20042.65%1.82%
20032.30%1.47%
200220.44%1.70%
200114.71%1.25%
20001.76%1.15%
19990.00%0.24%

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