AON vs. GRT-UN.TO
AON (Aon plc) and GRT-UN.TO (Granite Real Estate Investment Trust) are both stocks. AON operates in Insurance Brokers (Financial Services), while GRT-UN.TO operates in REIT - Industrial (Real Estate). Over the past 10 years, AON returned 13.10%/yr vs 13.54%/yr for GRT-UN.TO. At a 0.18 correlation, their price movements are largely independent.
Performance
AON vs. GRT-UN.TO - Performance Comparison
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Different Trading Currencies
AON is traded in USD, while GRT-UN.TO is traded in CAD. To make them comparable, the GRT-UN.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, AON achieves a -4.52% return, which is significantly lower than GRT-UN.TO's 15.06% return. Both investments have delivered pretty close results over the past 10 years, with AON having a 13.10% annualized return and GRT-UN.TO not far ahead at 13.54%.
AON
- 1D
- 0.04%
- 1M
- 7.85%
- YTD
- -4.52%
- 6M
- -4.77%
- 1Y
- -4.90%
- 3Y*
- 2.54%
- 5Y*
- 6.89%
- 10Y*
- 13.10%
GRT-UN.TO
- 1D
- -0.14%
- 1M
- 3.57%
- YTD
- 15.06%
- 6M
- 22.11%
- 1Y
- 34.57%
- 3Y*
- 8.16%
- 5Y*
- 4.09%
- 10Y*
- 13.54%
AON vs. GRT-UN.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AON Aon plc | -4.52% | -0.94% | 24.45% | -2.31% | 0.61% | 43.39% | 2.37% | 44.68% | 9.94% | 21.49% |
GRT-UN.TO Granite Real Estate Investment Trust | 15.06% | 28.67% | -11.77% | 17.98% | -35.94% | 40.23% | 25.54% | 35.22% | 5.57% | 24.29% |
Correlation
The correlation between AON and GRT-UN.TO is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.18 |
Fundamentals
AON:
$72.23B
GRT-UN.TO:
CA$5.73B
AON:
$18.21
GRT-UN.TO:
CA$6.39
AON:
18.41
GRT-UN.TO:
14.79
AON:
0.47
GRT-UN.TO:
0.91
AON:
4.15
GRT-UN.TO:
9.15
AON:
7.34
GRT-UN.TO:
1.02
AON:
$17.49B
GRT-UN.TO:
CA$629.87M
AON:
$9.77B
GRT-UN.TO:
CA$517.51M
AON:
$6.55B
GRT-UN.TO:
CA$513.85M
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Return for Risk
AON vs. GRT-UN.TO — Risk / Return Rank
AON
GRT-UN.TO
AON vs. GRT-UN.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Aon plc (AON) and Granite Real Estate Investment Trust (GRT-UN.TO). 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.
| AON | GRT-UN.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.96 | ||
| Sortino ratioReturn per unit of downside risk | -2.55 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.31 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.28 | 2.61 | -2.90 |
| Martin ratioReturn relative to average drawdown | -0.53 | 8.35 | -8.88 |
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Drawdowns
AON vs. GRT-UN.TO - Drawdown Comparison
The maximum AON drawdown since its inception was -69.05%, smaller than the maximum GRT-UN.TO drawdown of -89.30%. Use the drawdown chart below to compare losses from any high point for AON and GRT-UN.TO.
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Drawdown Indicators
| AON | GRT-UN.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.05% | -89.30% | +20.25% |
Max Drawdown (1Y)Largest decline over 1 year | -17.28% | -13.29% | -3.99% |
Max Drawdown (3Y)Largest decline over 3 years | -23.84% | -31.60% | +7.76% |
Max Drawdown (5Y)Largest decline over 5 years | -25.38% | -43.95% | +18.57% |
Max Drawdown (10Y)Largest decline over 10 years | -38.73% | -49.61% | +10.88% |
Current DrawdownCurrent decline from peak | -17.16% | -3.42% | -13.74% |
Average DrawdownAverage peak-to-trough decline | -13.67% | -18.51% | +4.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.29% | 4.19% | +5.10% |
Volatility
AON vs. GRT-UN.TO - Volatility Comparison
Aon plc (AON) and Granite Real Estate Investment Trust (GRT-UN.TO) have volatilities of 5.69% and 5.65%, 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.
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Volatility by Period
| AON | GRT-UN.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.69% | 5.65% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 19.50% | 15.73% | +3.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.54% | 19.84% | +3.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.11% | 23.11% | 0.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.45% | 23.53% | -0.08% |
Dividends
AON vs. GRT-UN.TO - Dividend Comparison
AON's dividend yield for the trailing twelve months is around 0.91%, less than GRT-UN.TO's 3.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AON Aon plc | 0.91% | 0.82% | 0.74% | 0.83% | 0.73% | 0.66% | 0.84% | 0.83% | 1.35% | 1.05% | 1.16% | 1.25% |
GRT-UN.TO Granite Real Estate Investment Trust | 3.68% | 4.18% | 4.74% | 4.21% | 4.50% | 2.86% | 3.43% | 4.25% | 5.69% | 5.31% | 5.42% | 1.62% |
Financials
AON vs. GRT-UN.TO - Financials Comparison
This section allows you to compare key financial metrics between Aon plc and Granite Real Estate Investment Trust. 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
AON vs. GRT-UN.TO - Profitability Comparison
AON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Aon plc reported a gross profit of 2.64B and revenue of 5.03B. Therefore, the gross margin over that period was 52.5%.
GRT-UN.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Granite Real Estate Investment Trust reported a gross profit of 134.27M and revenue of 165.83M. Therefore, the gross margin over that period was 81.0%.
AON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Aon plc reported an operating income of 1.72B and revenue of 5.03B, resulting in an operating margin of 34.1%.
GRT-UN.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Granite Real Estate Investment Trust reported an operating income of 122.29M and revenue of 165.83M, resulting in an operating margin of 73.7%.
AON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Aon plc reported a net income of 1.21B and revenue of 5.03B, resulting in a net margin of 24.1%.
GRT-UN.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Granite Real Estate Investment Trust reported a net income of 91.25M and revenue of 165.83M, resulting in a net margin of 55.0%.
Frequently Asked Questions
AON and GRT-UN.TO have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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