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 +30.3% compared to +13.3%
SAN vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap / Net Assets
SAN
$188B
Winner
SPY
$652B
Expense Ratio
SAN
N/A
SPY
0.09%
Max Drawdown
SAN
91.95%
Winner
SPY
56.47%
Sharpe Ratio
SAN
1.80
Winner
SPY
2.07
5Y Beta
SAN
1.00
Winner
SPY
1.00
Industry
SAN
Banks - Diversified
SPY
N/A
P/E Ratio
Winner
SAN
10.10
SPY
28.24
Forward P/E
Winner
SAN
10.03
SPY
21.85
PEG Ratio
SAN
0.25
SPY
N/A
Dividend Yield
SAN
1.97%
SPY
N/A
5Y Dividends CAGR
Winner
SAN
53.32%
SPY
5.43%
5Y EPS CAGR
SAN
N/A
SPY
25.79%
Debt to Equity
SAN
409.15%
Winner
SPY
22.35%
Free Cash Flow Yield
SAN
4.92%
SPY
N/A
P/S Ratio
SAN
3.77
Winner
SPY
3.55
P/B Ratio
Winner
SAN
1.38
SPY
5.29
SAN vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
SAN
+1.94%
Winner
SPY
+9.11%
3M
SAN
-2.84%
Winner
SPY
+6.59%
6M
Winner
SAN
+20.16%
SPY
+10.56%
1Y
Winner
SAN
+71.64%
SPY
+32.04%
5Y(CAGR)
Winner
SAN
+30.32%
SPY
+13.35%
10Y(CAGR)
SAN
+15.18%
Winner
SPY
+15.49%
Max(CAGR)
SAN
+6.51%
Winner
SPY
+8.50%
SAN vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | SAN | SPY |
|---|---|---|
| 2026 | +3.04% | +8.27% |
| 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 -5.85%.
| Rank | SAN | SPY |
|---|---|---|
| #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 - Mar 20, 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 0.33 which considered as a weak positive correlation - the stocks show a slight tendency to move together.
0.33
-101
Dividend Comparison (1999 - 2026)
SAN vs SPY dividend yield comparison.
| Year | SAN | SPY |
|---|---|---|
| 2026 | 1.20% | 0.24% |
| 2025 | 2.11% | 1.07% |
| 2024 | 4.63% | 1.21% |
| 2023 | 3.58% | 1.40% |
| 2022 | 3.83% | 1.65% |
| 2021 | 2.71% | 1.20% |
| 2020 | 0.00% | 1.52% |
| 2019 | 6.20% | 1.75% |
| 2018 | 5.84% | 2.04% |
| 2017 | 4.60% | 1.80% |
| 2016 | 3.30% | 2.03% |
| 2015 | 7.06% | 2.06% |
| 2014 | 7.49% | 1.87% |
| 2013 | 7.40% | 1.81% |
| 2012 | 10.19% | 2.18% |
| 2011 | 9.18% | 2.05% |
| 2010 | 6.05% | 1.80% |
| 2009 | 4.48% | 1.95% |
| 2008 | 10.52% | 3.02% |
| 2007 | 2.87% | 1.85% |
| 2006 | 2.54% | 1.73% |
| 2005 | 2.84% | 1.73% |
| 2004 | 2.65% | 1.82% |
| 2003 | 2.30% | 1.47% |
| 2002 | 20.44% | 1.70% |
| 2001 | 14.71% | 1.25% |
| 2000 | 1.76% | 1.15% |
| 1999 | 0.00% | 0.24% |
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