ARZGY vs. ITUB
ARZGY (Assicurazioni Generali SpA ADR) and ITUB (Itaú Unibanco Holding S.A.) are both stocks. Both are in the Financial Services sector — ARZGY in Insurance - Diversified, ITUB in Banks - Regional. Over the past 10 years, ARZGY returned 18.83%/yr vs 17.79%/yr for ITUB. At a 0.17 correlation, their price movements are largely independent.
Performance
ARZGY vs. ITUB - Performance Comparison
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Returns By Period
In the year-to-date period, ARZGY achieves a 19.88% return, which is significantly higher than ITUB's 13.22% return. Over the past 10 years, ARZGY has outperformed ITUB with an annualized return of 18.83%, while ITUB has yielded a comparatively lower 17.79% annualized return.
ARZGY
- 1D
- -1.56%
- 1M
- 6.65%
- YTD
- 19.88%
- 6M
- 18.74%
- 1Y
- 44.70%
- 3Y*
- 40.48%
- 5Y*
- 25.15%
- 10Y*
- 18.83%
ITUB
- 1D
- 0.13%
- 1M
- 2.53%
- YTD
- 13.22%
- 6M
- 14.85%
- 1Y
- 34.68%
- 3Y*
- 24.45%
- 5Y*
- 23.16%
- 10Y*
- 17.79%
ARZGY vs. ITUB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ARZGY Assicurazioni Generali SpA ADR | 19.88% | 54.48% | 40.64% | 24.14% | -10.87% | 28.86% | -14.12% | 28.32% | -4.59% | 36.49% |
ITUB Itaú Unibanco Holding S.A. | 13.22% | 86.06% | -23.49% | 54.53% | 30.82% | -6.05% | -30.47% | 8.46% | 12.68% | 30.90% |
Correlation
The correlation between ARZGY and ITUB is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since May 12, 2009 | 0.17 |
The correlation between ARZGY and ITUB shifts across timeframes, from 0.17 (all time) to 0.31 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
ARZGY:
$74.51B
ITUB:
$88.28B
ARZGY:
€2.57
ITUB:
R$4.00
ARZGY:
8.23
ITUB:
10.21
ARZGY:
0.19
ITUB:
1.01
ARZGY:
0.55
ITUB:
1.22
ARZGY:
2.04
ITUB:
2.09
ARZGY:
€117.75B
ITUB:
R$384.43B
ARZGY:
€117.75B
ITUB:
R$131.20B
ARZGY:
€14.58B
ITUB:
R$54.38B
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Return for Risk
ARZGY vs. ITUB — Risk / Return Rank
ARZGY
ITUB
ARZGY vs. ITUB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Assicurazioni Generali SpA ADR (ARZGY) and Itaú Unibanco Holding S.A. (ITUB). 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.
| ARZGY | ITUB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.14 | ||
| Sortino ratioReturn per unit of downside risk | +1.39 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.20 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 4.19 | 1.62 | +2.57 |
| Martin ratioReturn relative to average drawdown | 11.00 | 4.09 | +6.92 |
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Drawdowns
ARZGY vs. ITUB - Drawdown Comparison
The maximum ARZGY drawdown since its inception was -51.13%, smaller than the maximum ITUB drawdown of -69.35%. Use the drawdown chart below to compare losses from any high point for ARZGY and ITUB.
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Drawdown Indicators
| ARZGY | ITUB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.13% | -69.35% | +18.22% |
Max Drawdown (1Y)Largest decline over 1 year | -10.72% | -21.53% | +10.81% |
Max Drawdown (3Y)Largest decline over 3 years | -10.72% | -28.17% | +17.45% |
Max Drawdown (5Y)Largest decline over 5 years | -39.90% | -31.59% | -8.31% |
Max Drawdown (10Y)Largest decline over 10 years | -51.13% | -61.96% | +10.83% |
Current DrawdownCurrent decline from peak | -2.63% | -15.36% | +12.73% |
Average DrawdownAverage peak-to-trough decline | -13.92% | -21.01% | +7.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.07% | 8.51% | -4.44% |
Volatility
ARZGY vs. ITUB - Volatility Comparison
The current volatility for Assicurazioni Generali SpA ADR (ARZGY) is 5.72%, while Itaú Unibanco Holding S.A. (ITUB) has a volatility of 7.83%. This indicates that ARZGY experiences smaller price fluctuations and is considered to be less risky than ITUB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARZGY | ITUB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.72% | 7.83% | -2.11% |
Volatility (6M)Calculated over the trailing 6-month period | 14.95% | 24.72% | -9.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.90% | 31.17% | -11.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.51% | 33.94% | -10.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.46% | 38.39% | -8.93% |
Dividends
ARZGY vs. ITUB - Dividend Comparison
ARZGY's dividend yield for the trailing twelve months is around 4.00%, less than ITUB's 8.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARZGY Assicurazioni Generali SpA ADR | 4.00% | 3.75% | 4.91% | 4.00% | 6.43% | 6.29% | 2.04% | 3.15% | 4.04% | 7.97% | 11.37% | 0.00% |
ITUB Itaú Unibanco Holding S.A. | 8.22% | 11.26% | 9.20% | 3.61% | 4.21% | 29.81% | 4.80% | 8.21% | 6.93% | 3.35% | 15.63% | 3.89% |
Financials
ARZGY vs. ITUB - Financials Comparison
This section allows you to compare key financial metrics between Assicurazioni Generali SpA ADR and Itaú Unibanco Holding S.A.. 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
ARZGY vs. ITUB - Profitability Comparison
ARZGY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Assicurazioni Generali SpA ADR reported a gross profit of 34.35B and revenue of 34.35B. Therefore, the gross margin over that period was 100.0%.
ITUB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Itaú Unibanco Holding S.A. reported a gross profit of 32.47B and revenue of 94.91B. Therefore, the gross margin over that period was 34.2%.
ARZGY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Assicurazioni Generali SpA ADR reported an operating income of 2.88B and revenue of 34.35B, resulting in an operating margin of 8.4%.
ITUB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Itaú Unibanco Holding S.A. reported an operating income of 12.47B and revenue of 94.91B, resulting in an operating margin of 13.1%.
ARZGY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Assicurazioni Generali SpA ADR reported a net income of 2.01B and revenue of 34.35B, resulting in a net margin of 5.8%.
ITUB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Itaú Unibanco Holding S.A. reported a net income of 11.42B and revenue of 94.91B, resulting in a net margin of 12.0%.
Frequently Asked Questions
ARZGY and ITUB have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ITUB has higher volatility (7.83%) compared to ARZGY (5.72%). In terms of maximum drawdown, ARZGY dropped -51.13% vs ITUB's -69.35%.
ARZGY currently has the higher Sharpe Ratio (2.26 vs 1.12), 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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