AON vs. T.TO
AON (Aon plc) and T.TO (TELUS Corporation) are both stocks. AON operates in Insurance Brokers (Financial Services), while T.TO operates in Telecom Services (Communication Services). Over the past 10 years, AON returned 13.10%/yr vs 11.83%/yr for T.TO. At a 0.21 correlation, their price movements are largely independent.
Performance
AON vs. T.TO - Performance Comparison
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Different Trading Currencies
AON is traded in USD, while T.TO is traded in CAD. To make them comparable, the T.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 higher than T.TO's -5.56% return. Over the past 10 years, AON has outperformed T.TO with an annualized return of 13.10%, while T.TO has yielded a comparatively lower 11.83% annualized return.
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%
T.TO
- 1D
- -0.23%
- 1M
- -1.45%
- YTD
- -5.56%
- 6M
- -2.52%
- 1Y
- -19.61%
- 3Y*
- -8.13%
- 5Y*
- -6.38%
- 10Y*
- 11.83%
AON vs. T.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% |
T.TO TELUS Corporation | -5.56% | 5.14% | -18.41% | -2.08% | -13.74% | 23.64% | 118.29% | 26.99% | -4.14% | 30.37% |
Correlation
The correlation between AON and T.TO is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.21 |
The correlation between AON and T.TO shifts across timeframes, from 0.14 (1 year) to 0.24 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
AON:
$72.23B
T.TO:
CA$25.99B
AON:
$18.21
T.TO:
CA$0.60
AON:
18.41
T.TO:
27.67
AON:
4.15
T.TO:
1.26
AON:
7.34
T.TO:
1.67
AON:
$17.49B
T.TO:
CA$20.32B
AON:
$9.77B
T.TO:
CA$8.88B
AON:
$6.55B
T.TO:
CA$7.49B
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Return for Risk
AON vs. T.TO — Risk / Return Rank
AON
T.TO
AON vs. T.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Aon plc (AON) and TELUS Corporation (T.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 | T.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.91 | ||
| Sortino ratioReturn per unit of downside risk | +1.28 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.81 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.28 | -0.80 | +0.51 |
| Martin ratioReturn relative to average drawdown | -0.53 | -1.42 | +0.89 |
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Drawdowns
AON vs. T.TO - Drawdown Comparison
The maximum AON drawdown since its inception was -69.05%, which is greater than T.TO's maximum drawdown of -49.73%. Use the drawdown chart below to compare losses from any high point for AON and T.TO.
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Drawdown Indicators
| AON | T.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.05% | -49.73% | -19.32% |
Max Drawdown (1Y)Largest decline over 1 year | -17.28% | -24.65% | +7.37% |
Max Drawdown (3Y)Largest decline over 3 years | -23.84% | -27.04% | +3.20% |
Max Drawdown (5Y)Largest decline over 5 years | -25.38% | -44.20% | +18.82% |
Max Drawdown (10Y)Largest decline over 10 years | -38.73% | -44.20% | +5.47% |
Current DrawdownCurrent decline from peak | -17.16% | -42.07% | +24.91% |
Average DrawdownAverage peak-to-trough decline | -13.67% | -12.27% | -1.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.29% | 13.88% | -4.59% |
Volatility
AON vs. T.TO - Volatility Comparison
Aon plc (AON) has a higher volatility of 5.69% compared to TELUS Corporation (T.TO) at 3.42%. This indicates that AON's price experiences larger fluctuations and is considered to be riskier than T.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AON | T.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.69% | 3.42% | +2.27% |
Volatility (6M)Calculated over the trailing 6-month period | 19.50% | 14.06% | +5.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.54% | 17.61% | +5.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.11% | 17.60% | +5.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.45% | 33.24% | -9.79% |
Dividends
AON vs. T.TO - Dividend Comparison
AON's dividend yield for the trailing twelve months is around 0.91%, less than T.TO's 10.05% 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% |
T.TO TELUS Corporation | 10.05% | 9.14% | 7.99% | 6.17% | 5.19% | 4.27% | 4.70% | 8.96% | 9.28% | 8.27% | 8.61% | 8.78% |
Financials
AON vs. T.TO - Financials Comparison
This section allows you to compare key financial metrics between Aon plc and TELUS Corporation. 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. T.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%.
T.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TELUS Corporation reported a gross profit of 824.00M and revenue of 4.99B. Therefore, the gross margin over that period was 16.5%.
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%.
T.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TELUS Corporation reported an operating income of 824.00M and revenue of 4.99B, resulting in an operating margin of 16.5%.
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%.
T.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TELUS Corporation reported a net income of 136.00M and revenue of 4.99B, resulting in a net margin of 2.7%.
Frequently Asked Questions
AON and T.TO have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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