ABDN.L vs. TSCO.L
ABDN.L (Abrdn plc) and TSCO.L (Tesco PLC) are both stocks. ABDN.L operates in Asset Management (Financial Services), while TSCO.L operates in Grocery Stores (Consumer Defensive). Over the past 10 years, ABDN.L returned 3.37%/yr vs 15.19%/yr for TSCO.L. At a 0.33 correlation, their price movements are largely independent.
Performance
ABDN.L vs. TSCO.L - Performance Comparison
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Returns By Period
In the year-to-date period, ABDN.L achieves a 19.18% return, which is significantly higher than TSCO.L's 4.99% return. Over the past 10 years, ABDN.L has underperformed TSCO.L with an annualized return of 3.37%, while TSCO.L has yielded a comparatively higher 15.19% annualized return.
ABDN.L
- 1D
- -0.92%
- 1M
- 7.36%
- YTD
- 19.18%
- 6M
- 25.02%
- 1Y
- 38.53%
- 3Y*
- 12.60%
- 5Y*
- 4.96%
- 10Y*
- 3.37%
TSCO.L
- 1D
- -0.04%
- 1M
- -0.67%
- YTD
- 4.99%
- 6M
- 3.12%
- 1Y
- 20.04%
- 3Y*
- 24.64%
- 5Y*
- 19.54%
- 10Y*
- 15.19%
ABDN.L vs. TSCO.L - Yearly Performance Comparison
Correlation
The correlation between ABDN.L and TSCO.L is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Aug 21, 2006 | 0.33 |
Over the past year, the correlation between ABDN.L and TSCO.L has dropped to 0.01 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.
Fundamentals
ABDN.L:
£0.70
TSCO.L:
£0.54
ABDN.L:
3.39
TSCO.L:
8.45
ABDN.L:
0.00
TSCO.L:
0.46
ABDN.L:
0.67
TSCO.L:
0.20
ABDN.L:
£3.20B
TSCO.L:
£143.63B
ABDN.L:
£3.05B
TSCO.L:
£10.94B
ABDN.L:
£796.00M
TSCO.L:
£8.93B
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Return for Risk
ABDN.L vs. TSCO.L — Risk / Return Rank
ABDN.L
TSCO.L
ABDN.L vs. TSCO.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Abrdn plc (ABDN.L) and Tesco PLC (TSCO.L). 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.
| ABDN.L | TSCO.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.41 | ||
| Sortino ratioReturn per unit of downside risk | +0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.18 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.60 | 1.52 | +1.08 |
| Martin ratioReturn relative to average drawdown | 7.62 | 3.76 | +3.86 |
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
| ABDN.L | TSCO.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.34 | 0.93 | +0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.97 | -0.81 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.10 | 0.67 | -0.57 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | 0.17 | -0.04 |
Drawdowns
ABDN.L vs. TSCO.L - Drawdown Comparison
The maximum ABDN.L drawdown since its inception was -64.13%, roughly equal to the maximum TSCO.L drawdown of -63.40%. Use the drawdown chart below to compare losses from any high point for ABDN.L and TSCO.L.
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Drawdown Indicators
| ABDN.L | TSCO.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.13% | -63.40% | -0.73% |
Max Drawdown (1Y)Largest decline over 1 year | -14.76% | -13.12% | -1.64% |
Max Drawdown (3Y)Largest decline over 3 years | -37.10% | -20.76% | -16.34% |
Max Drawdown (5Y)Largest decline over 5 years | -50.49% | -32.40% | -18.09% |
Max Drawdown (10Y)Largest decline over 10 years | -61.82% | -32.40% | -29.42% |
Current DrawdownCurrent decline from peak | -14.50% | -7.46% | -7.04% |
Average DrawdownAverage peak-to-trough decline | -28.92% | -23.63% | -5.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.04% | 5.32% | -0.28% |
Volatility
ABDN.L vs. TSCO.L - Volatility Comparison
Abrdn plc (ABDN.L) has a higher volatility of 8.11% compared to Tesco PLC (TSCO.L) at 6.76%. This indicates that ABDN.L's price experiences larger fluctuations and is considered to be riskier than TSCO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ABDN.L | TSCO.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.11% | 6.76% | +1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 23.85% | 17.07% | +6.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.65% | 21.45% | +7.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.62% | 20.26% | +12.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.91% | 22.56% | +11.35% |
Dividends
ABDN.L vs. TSCO.L - Dividend Comparison
ABDN.L's dividend yield for the trailing twelve months is around 6.18%, more than TSCO.L's 3.19% yield.
Financials
ABDN.L vs. TSCO.L - Financials Comparison
This section allows you to compare key financial metrics between Abrdn plc and Tesco PLC. 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
ABDN.L and TSCO.L have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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