AGN.AS vs. BNP.PA

Last updated Jun 4, 2026

AGN.AS (Aegon NV) and BNP.PA (BNP Paribas SA) are both stocks. Both are in the Financial Services sector — AGN.AS in Insurance - Diversified, BNP.PA in Banks - Regional. Over the past 10 years, AGN.AS returned 10.47%/yr vs 13.22%/yr for BNP.PA. A 0.57 correlation means they provide meaningful diversification when combined.

Performance

AGN.AS vs. BNP.PA - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Aegon NV (AGN.AS) and BNP Paribas SA (BNP.PA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AGN.AS achieves a 8.80% return, which is significantly lower than BNP.PA's 18.78% return. Over the past 10 years, AGN.AS has underperformed BNP.PA with an annualized return of 10.47%, while BNP.PA has yielded a comparatively higher 13.22% annualized return.

AGN.AS

• 1D: -1.71%
• 1M: 4.21%
• YTD: 8.80%
• 6M: 5.61%
• 1Y: 20.90%
• 3Y*: 24.43%
• 5Y*: 19.27%
• 10Y*: 10.47%

BNP.PA

• 1D: -1.30%
• 1M: 9.74%
• YTD: 18.78%
• 6M: 29.24%
• 1Y: 28.52%
• 3Y*: 25.90%
• 5Y*: 18.43%
• 10Y*: 13.22%

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

AGN.AS vs. BNP.PA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AGN.AS Aegon NV	8.80%	23.45%	15.44%	17.34%	12.54%	40.64%	-18.34%	7.83%	-19.22%	7.28%
BNP.PA BNP Paribas SA	18.78%	50.14%	0.99%	25.73%	-5.95%	47.88%	-18.41%	43.63%	-33.05%	7.17%

Correlation

The correlation between AGN.AS and BNP.PA is 0.52, 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	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.60
Correlation (10Y) Calculated over the trailing 10-year period	0.65
Correlation (All Time) Calculated using the full available price history since Oct 20, 1993	0.57

The correlation between AGN.AS and BNP.PA shifts across timeframes, from 0.52 (1 year) to 0.65 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

AGN.AS vs. BNP.PA — Risk / Return Rank

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

AGN.AS

AGN.AS Risk / Return Rank: 65
AGN.AS Sharpe Ratio Rank: 67
AGN.AS Sortino Ratio Rank: 58
AGN.AS Omega Ratio Rank: 61
AGN.AS Calmar Ratio Rank: 68
AGN.AS Martin Ratio Rank: 70

BNP.PA

BNP.PA Risk / Return Rank: 67
BNP.PA Sharpe Ratio Rank: 71
BNP.PA Sortino Ratio Rank: 64
BNP.PA Omega Ratio Rank: 64
BNP.PA Calmar Ratio Rank: 67
BNP.PA Martin Ratio Rank: 69

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.

AGN.AS vs. BNP.PA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aegon NV (AGN.AS) and BNP Paribas SA (BNP.PA). 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.

	AGN.AS	BNP.PA	Difference
Sharpe ratio: Return per unit of total volatility	0.82	1.00	-0.17
Sortino ratio: Return per unit of downside risk	1.19	1.50	-0.31
Omega ratio: Gain probability vs. loss probability	1.17	1.19	-0.02
Calmar ratio: Return relative to maximum drawdown	1.44	1.44	0.00
Martin ratio: Return relative to average drawdown	3.91	3.67	+0.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AGN.AS vs. BNP.PA - Sharpe Ratio Comparison

The current AGN.AS Sharpe Ratio is 0.82, which is comparable to the BNP.PA Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of AGN.AS and BNP.PA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AGN.AS	BNP.PA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.82	1.00	-0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	0.64	+0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.31	0.42	-0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	0.25	-0.06

Drawdowns

AGN.AS vs. BNP.PA - Drawdown Comparison

The maximum AGN.AS drawdown since its inception was -94.40%, which is greater than BNP.PA's maximum drawdown of -75.43%. Use the drawdown chart below to compare losses from any high point for AGN.AS and BNP.PA.

Drawdown Indicators

	AGN.AS	BNP.PA	Difference
Max Drawdown Largest peak-to-trough decline	-94.40%	-75.43%	-18.97%
Max Drawdown (1Y) Largest decline over 1 year	-14.32%	-19.50%	+5.18%
Max Drawdown (3Y) Largest decline over 3 years	-22.76%	-21.82%	-0.94%
Max Drawdown (5Y) Largest decline over 5 years	-30.28%	-34.11%	+3.83%
Max Drawdown (10Y) Largest decline over 10 years	-68.96%	-59.43%	-9.53%
Current Drawdown Current decline from peak	-55.92%	-1.30%	-54.62%
Average Drawdown Average peak-to-trough decline	-55.29%	-19.99%	-35.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.30%	7.71%	-2.41%

Volatility

AGN.AS vs. BNP.PA - Volatility Comparison

The current volatility for Aegon NV (AGN.AS) is 5.72%, while BNP Paribas SA (BNP.PA) has a volatility of 8.63%. This indicates that AGN.AS experiences smaller price fluctuations and is considered to be less risky than BNP.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AGN.AS	BNP.PA	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.72%	8.63%	-2.91%
Volatility (6M) Calculated over the trailing 6-month period	19.68%	20.91%	-1.23%
Volatility (1Y) Calculated over the trailing 1-year period	25.07%	28.23%	-3.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.00%	28.42%	-0.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.70%	31.19%	+2.51%

Dividends

AGN.AS vs. BNP.PA - Dividend Comparison

AGN.AS's dividend yield for the trailing twelve months is around 5.26%, less than BNP.PA's 5.54% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AGN.AS Aegon NV	5.26%	5.72%	5.59%	4.95%	4.22%	3.19%	1.85%	7.38%	6.86%	4.89%	4.97%	4.59%
BNP.PA BNP Paribas SA	5.54%	9.13%	7.77%	6.23%	6.89%	4.38%	0.00%	5.72%	7.65%	4.34%	3.82%	2.87%

Financials

Frequently Asked Questions

Can I hold both AGN.AS and BNP.PA in my portfolio?

AGN.AS and BNP.PA have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.