AEG vs. HMY
AEG (Aegon N.V.) and HMY (Harmony Gold Mining Company Limited) are both stocks. AEG operates in Insurance - Diversified (Financial Services), while HMY operates in Gold (Basic Materials). Over the past 10 years, AEG returned 12.99%/yr vs 17.03%/yr for HMY. At a 0.10 correlation, their price movements are largely independent.
Performance
AEG vs. HMY - Performance Comparison
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Returns By Period
In the year-to-date period, AEG achieves a 14.15% return, which is significantly higher than HMY's -21.07% return. Over the past 10 years, AEG has underperformed HMY with an annualized return of 12.99%, while HMY has yielded a comparatively higher 17.03% annualized return.
AEG
- 1D
- 0.12%
- 1M
- 2.22%
- YTD
- 14.15%
- 6M
- 14.89%
- 1Y
- 34.00%
- 3Y*
- 28.08%
- 5Y*
- 21.44%
- 10Y*
- 12.99%
HMY
- 1D
- -4.52%
- 1M
- -8.05%
- YTD
- -21.07%
- 6M
- -28.15%
- 1Y
- 8.41%
- 3Y*
- 56.70%
- 5Y*
- 33.76%
- 10Y*
- 17.03%
AEG vs. HMY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AEG Aegon N.V. | 14.15% | 39.08% | 8.38% | 21.19% | 6.45% | 29.44% | -10.42% | 5.37% | -22.29% | 20.46% |
HMY Harmony Gold Mining Company Limited | -21.07% | 145.47% | 35.39% | 82.51% | -16.42% | -10.25% | 28.93% | 102.79% | -4.28% | -12.94% |
Correlation
The correlation between AEG and HMY is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 1996 | 0.10 |
Over the past year, AEG and HMY have become more correlated (0.31) than their long-term average of 0.10, meaning their price movements have been converging.
Fundamentals
AEG:
$12.93B
HMY:
$9.74B
AEG:
€1.07
HMY:
ZAR 41.64
AEG:
7.00
HMY:
6.07
AEG:
0.20
HMY:
0.02
AEG:
0.26
HMY:
1.06
AEG:
1.51
HMY:
3.08
AEG:
€45.17B
HMY:
ZAR 150.28B
AEG:
€45.17B
HMY:
ZAR 57.55B
AEG:
€1.06B
HMY:
ZAR 55.56B
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Return for Risk
AEG vs. HMY — Risk / Return Rank
AEG
HMY
AEG vs. HMY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Aegon N.V. (AEG) and Harmony Gold Mining Company Limited (HMY). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AEG | HMY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.21 | ||
| Sortino ratioReturn per unit of downside risk | +1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.08 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.18 | 0.17 | +2.01 |
| Martin ratioReturn relative to average drawdown | 6.29 | 0.37 | +5.91 |
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Drawdowns
AEG vs. HMY - Drawdown Comparison
The maximum AEG drawdown since its inception was -94.91%, roughly equal to the maximum HMY drawdown of -97.04%. Use the drawdown chart below to compare losses from any high point for AEG and HMY.
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Drawdown Indicators
| AEG | HMY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.91% | -97.04% | +2.13% |
Max Drawdown (1Y)Largest decline over 1 year | -15.65% | -48.85% | +33.20% |
Max Drawdown (3Y)Largest decline over 3 years | -18.37% | -48.85% | +30.48% |
Max Drawdown (5Y)Largest decline over 5 years | -36.56% | -62.48% | +25.92% |
Max Drawdown (10Y)Largest decline over 10 years | -71.11% | -71.05% | -0.06% |
Current DrawdownCurrent decline from peak | -60.98% | -39.68% | -21.30% |
Average DrawdownAverage peak-to-trough decline | -52.67% | -52.73% | +0.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.42% | 22.57% | -17.15% |
Volatility
AEG vs. HMY - Volatility Comparison
The current volatility for Aegon N.V. (AEG) is 6.09%, while Harmony Gold Mining Company Limited (HMY) has a volatility of 21.34%. This indicates that AEG experiences smaller price fluctuations and is considered to be less risky than HMY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AEG | HMY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.09% | 21.34% | -15.25% |
Volatility (6M)Calculated over the trailing 6-month period | 18.14% | 50.13% | -31.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.46% | 65.79% | -40.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.72% | 58.76% | -28.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.29% | 61.16% | -25.87% |
Dividends
AEG vs. HMY - Dividend Comparison
AEG's dividend yield for the trailing twelve months is around 5.48%, more than HMY's 2.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AEG Aegon N.V. | 5.48% | 5.72% | 5.93% | 4.89% | 4.08% | 3.37% | 1.80% | 7.37% | 7.02% | 4.74% | 5.30% | 4.72% |
HMY Harmony Gold Mining Company Limited | 2.61% | 1.07% | 1.59% | 0.66% | 1.14% | 2.23% | 0.00% | 0.00% | 0.00% | 3.13% | 1.37% | 0.00% |
Financials
AEG vs. HMY - Financials Comparison
This section allows you to compare key financial metrics between Aegon N.V. and Harmony Gold Mining Company Limited. 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
AEG vs. HMY - Profitability Comparison
AEG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Aegon N.V. reported a gross profit of 19.00B and revenue of 19.00B. Therefore, the gross margin over that period was 100.0%.
HMY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Harmony Gold Mining Company Limited reported a gross profit of 20.53B and revenue of 46.57B. Therefore, the gross margin over that period was 44.1%.
AEG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Aegon N.V. reported an operating income of 365.28M and revenue of 19.00B, resulting in an operating margin of 1.9%.
HMY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Harmony Gold Mining Company Limited reported an operating income of 19.36B and revenue of 46.57B, resulting in an operating margin of 41.6%.
AEG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Aegon N.V. reported a net income of 389.10M and revenue of 19.00B, resulting in a net margin of 2.1%.
HMY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Harmony Gold Mining Company Limited reported a net income of 9.29B and revenue of 46.57B, resulting in a net margin of 19.9%.
Frequently Asked Questions
AEG and HMY have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HMY has higher volatility (21.34%) compared to AEG (6.09%). In terms of maximum drawdown, AEG dropped -94.91% vs HMY's -97.04%.
AEG currently has the higher Sharpe Ratio (1.34 vs 0.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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