1MUV2.MI vs. HVRRY
1MUV2.MI (Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München) and HVRRY (Hannover Re) are both stocks. Both operate in the Insurance - Reinsurance industry within the Financial Services sector. Over the past 10 years, 1MUV2.MI returned 15.25%/yr vs 12.43%/yr for HVRRY. At a 0.35 correlation, their price movements are largely independent.
Performance
1MUV2.MI vs. HVRRY - Performance Comparison
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Different Trading Currencies
1MUV2.MI is traded in EUR, while HVRRY is traded in USD. To make them comparable, the HVRRY values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, 1MUV2.MI achieves a -18.09% return, which is significantly lower than HVRRY's -11.59% return. Over the past 10 years, 1MUV2.MI has outperformed HVRRY with an annualized return of 15.25%, while HVRRY has yielded a comparatively lower 12.43% annualized return.
1MUV2.MI
- 1D
- -0.90%
- 1M
- -13.77%
- YTD
- -18.09%
- 6M
- -13.66%
- 1Y
- -19.75%
- 3Y*
- 13.26%
- 5Y*
- 17.70%
- 10Y*
- 15.25%
HVRRY
- 1D
- -0.31%
- 1M
- -7.45%
- YTD
- -11.59%
- 6M
- -6.79%
- 1Y
- -15.99%
- 3Y*
- 6.87%
- 5Y*
- 13.45%
- 10Y*
- 12.43%
1MUV2.MI vs. HVRRY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
1MUV2.MI Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München | -18.09% | 19.26% | 34.11% | 27.58% | 23.02% | 10.69% | -3.74% | 48.65% | 7.84% | 6.13% |
HVRRY Hannover Re | -11.59% | 13.96% | 14.69% | 20.80% | 17.94% | 29.35% | -23.06% | 51.99% | 16.18% | 6.71% |
Correlation
The correlation between 1MUV2.MI and HVRRY is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Aug 27, 2007 | 0.35 |
Over the past year, 1MUV2.MI and HVRRY have become more correlated (0.65) than their long-term average of 0.35, meaning their price movements have been converging.
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Return for Risk
1MUV2.MI vs. HVRRY — Risk / Return Rank
1MUV2.MI
HVRRY
1MUV2.MI vs. HVRRY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (1MUV2.MI) and Hannover Re (HVRRY). 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.
| 1MUV2.MI | HVRRY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.13 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 0.89 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.81 | -0.91 | +0.10 |
| Martin ratioReturn relative to average drawdown | -1.77 | -1.60 | -0.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 1MUV2.MI | HVRRY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.93 | -0.76 | -0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.81 | 0.57 | +0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.49 | +0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.46 | 0.00 |
Drawdowns
1MUV2.MI vs. HVRRY - Drawdown Comparison
The maximum 1MUV2.MI drawdown since its inception was -47.54%, smaller than the maximum HVRRY drawdown of -60.39%. Use the drawdown chart below to compare losses from any high point for 1MUV2.MI and HVRRY.
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Drawdown Indicators
| 1MUV2.MI | HVRRY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.54% | -60.39% | +12.85% |
Max Drawdown (1Y)Largest decline over 1 year | -24.43% | -17.66% | -6.77% |
Max Drawdown (3Y)Largest decline over 3 years | -24.43% | -19.06% | -5.37% |
Max Drawdown (5Y)Largest decline over 5 years | -25.29% | -24.11% | -1.18% |
Max Drawdown (10Y)Largest decline over 10 years | -47.54% | -46.08% | -1.46% |
Current DrawdownCurrent decline from peak | -24.43% | -18.68% | -5.75% |
Average DrawdownAverage peak-to-trough decline | -8.80% | -8.97% | +0.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.18% | 10.00% | +1.18% |
Volatility
1MUV2.MI vs. HVRRY - Volatility Comparison
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (1MUV2.MI) has a higher volatility of 9.26% compared to Hannover Re (HVRRY) at 5.97%. This indicates that 1MUV2.MI's price experiences larger fluctuations and is considered to be riskier than HVRRY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 1MUV2.MI | HVRRY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.26% | 5.97% | +3.29% |
Volatility (6M)Calculated over the trailing 6-month period | 15.89% | 15.87% | +0.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.25% | 21.04% | +0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.26% | 23.56% | -0.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.37% | 25.36% | -0.99% |
Dividends
1MUV2.MI vs. HVRRY - Dividend Comparison
1MUV2.MI's dividend yield for the trailing twelve months is around 5.47%, less than HVRRY's 5.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
1MUV2.MI Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München | 5.47% | 3.57% | 3.08% | 3.09% | 3.60% | 3.77% | 4.01% | 3.48% | 4.61% | 4.76% | 4.62% | 4.24% |
HVRRY Hannover Re | 5.63% | 3.19% | 3.10% | 2.75% | 3.15% | 2.92% | 2.75% | 2.19% | 3.27% | 4.55% | 8.64% | 1.19% |
Financials
1MUV2.MI vs. HVRRY - Financials Comparison
This section allows you to compare key financial metrics between Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München and Hannover Re. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
1MUV2.MI and HVRRY have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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