^STOXX vs. TELNY

Last updated Apr 2, 2026

Compare and contrast key facts about STOXX Europe 600 Index (^STOXX) and Telenor ASA ADR (TELNY).

Performance

^STOXX vs. TELNY - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in STOXX Europe 600 Index (^STOXX) and Telenor ASA ADR (TELNY). The values are adjusted to include any dividend payments, if applicable.

^STOXX vs. TELNY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^STOXX STOXX Europe 600 Index	0.93%	16.66%	5.98%	12.73%	-12.90%	22.25%	-4.04%	23.16%	-13.24%	7.68%
TELNY Telenor ASA ADR	22.04%	21.99%	11.43%	29.73%	-31.03%	5.49%	-7.47%	-0.78%	2.42%	37.29%

Different Trading Currencies

^STOXX is traded in EUR, while TELNY is traded in USD. To make them comparable, the TELNY values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ^STOXX achieves a 0.93% return, which is significantly lower than TELNY's 22.04% return. Over the past 10 years, ^STOXX has underperformed TELNY with an annualized return of 6.02%, while TELNY has yielded a comparatively higher 8.38% annualized return.

^STOXX

• 1D: 2.50%
• 1M: -4.16%
• YTD: 0.93%
• 6M: 5.86%
• 1Y: 10.76%
• 3Y*: 9.29%
• 5Y*: 6.70%
• 10Y*: 6.02%

TELNY

• 1D: -0.44%
• 1M: -0.58%
• YTD: 22.04%
• 6M: 11.13%
• 1Y: 20.43%
• 3Y*: 19.82%
• 5Y*: 7.57%
• 10Y*: 8.38%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

^STOXX vs. TELNY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^STOXX

^STOXX Risk / Return Rank: 61
^STOXX Sharpe Ratio Rank: 43
^STOXX Sortino Ratio Rank: 39
^STOXX Omega Ratio Rank: 45
^STOXX Calmar Ratio Rank: 89
^STOXX Martin Ratio Rank: 88

TELNY

TELNY Risk / Return Rank: 71
TELNY Sharpe Ratio Rank: 75
TELNY Sortino Ratio Rank: 68
TELNY Omega Ratio Rank: 68
TELNY Calmar Ratio Rank: 73
TELNY Martin Ratio Rank: 71

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

^STOXX vs. TELNY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for STOXX Europe 600 Index (^STOXX) and Telenor ASA ADR (TELNY). 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.

	^STOXX	TELNY	Difference
Sharpe ratio Return per unit of total volatility	0.72	0.78	-0.06
Sortino ratio Return per unit of downside risk	1.01	1.19	-0.18
Omega ratio Gain probability vs. loss probability	1.16	1.17	-0.01
Calmar ratio Return relative to maximum drawdown	2.73	1.27	+1.46
Martin ratio Return relative to average drawdown	11.03	2.79	+8.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^STOXX vs. TELNY - Sharpe Ratio Comparison

The current ^STOXX Sharpe Ratio is 0.72, which is comparable to the TELNY Sharpe Ratio of 0.78. The chart below compares the historical Sharpe Ratios of ^STOXX and TELNY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	^STOXX	TELNY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.72	0.78	-0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.37	+0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.39	0.35	+0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.16	+0.13

Correlation

The correlation between ^STOXX and TELNY is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

^STOXX vs. TELNY - Drawdown Comparison

The maximum ^STOXX drawdown since its inception was -61.04%, smaller than the maximum TELNY drawdown of -78.45%. Use the drawdown chart below to compare losses from any high point for ^STOXX and TELNY.

Drawdown Indicators

	^STOXX	TELNY	Difference
Max Drawdown Largest peak-to-trough decline	-61.04%	-81.49%	+20.45%
Max Drawdown (1Y) Largest decline over 1 year	-12.48%	-17.96%	+5.48%
Max Drawdown (5Y) Largest decline over 5 years	-22.55%	-46.38%	+23.83%
Max Drawdown (10Y) Largest decline over 10 years	-35.55%	-50.97%	+15.42%
Current Drawdown Current decline from peak	-5.70%	-6.45%	+0.75%
Average Drawdown Average peak-to-trough decline	-16.84%	-23.27%	+6.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.37%	7.78%	-5.41%

Volatility

^STOXX vs. TELNY - Volatility Comparison

STOXX Europe 600 Index (^STOXX) and Telenor ASA ADR (TELNY) have volatilities of 5.75% and 5.51%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^STOXX	TELNY	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.75%	5.51%	+0.24%
Volatility (6M) Calculated over the trailing 6-month period	8.97%	17.45%	-8.48%
Volatility (1Y) Calculated over the trailing 1-year period	14.68%	23.61%	-8.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.85%	20.82%	-6.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.30%	23.99%	-8.69%