AV.L vs. ABDN.L
AV.L (Aviva plc) and ABDN.L (Abrdn plc) are both stocks. Both are in the Financial Services sector — AV.L in Insurance - Diversified, ABDN.L in Asset Management. Over the past 10 years, AV.L returned 5.84%/yr vs 3.37%/yr for ABDN.L. A 0.62 correlation means they provide meaningful diversification when combined.
Performance
AV.L vs. ABDN.L - Performance Comparison
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Returns By Period
In the year-to-date period, AV.L achieves a -6.88% return, which is significantly lower than ABDN.L's 19.18% return. Over the past 10 years, AV.L has outperformed ABDN.L with an annualized return of 5.84%, while ABDN.L has yielded a comparatively lower 3.37% annualized return.
AV.L
- 1D
- 1.23%
- 1M
- -1.48%
- YTD
- -6.88%
- 6M
- -1.16%
- 1Y
- 4.06%
- 3Y*
- 23.74%
- 5Y*
- 7.93%
- 10Y*
- 5.84%
ABDN.L
- 1D
- -0.92%
- 1M
- 7.36%
- YTD
- 19.18%
- 6M
- 25.02%
- 1Y
- 38.53%
- 3Y*
- 12.60%
- 5Y*
- 4.96%
- 10Y*
- 3.37%
AV.L vs. ABDN.L - Yearly Performance Comparison
Correlation
The correlation between AV.L and ABDN.L is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2009 | 0.62 |
Over the past year, the correlation between AV.L and ABDN.L has dropped to 0.41 - well below their long-term average of 0.62, suggesting their price drivers have been diverging.
Fundamentals
AV.L:
£0.49
ABDN.L:
£0.70
AV.L:
12.48
ABDN.L:
3.39
AV.L:
0.44
ABDN.L:
0.00
AV.L:
0.24
ABDN.L:
0.67
AV.L:
£80.81B
ABDN.L:
£3.20B
AV.L:
£84.57B
ABDN.L:
£3.05B
AV.L:
£2.85B
ABDN.L:
£796.00M
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Return for Risk
AV.L vs. ABDN.L — Risk / Return Rank
AV.L
ABDN.L
AV.L vs. ABDN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Aviva plc (AV.L) and Abrdn plc (ABDN.L). 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.
| AV.L | ABDN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.14 | ||
| Sortino ratioReturn per unit of downside risk | -1.50 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.26 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 0.33 | 2.60 | -2.27 |
| Martin ratioReturn relative to average drawdown | 0.76 | 7.62 | -6.86 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AV.L | ABDN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.20 | 1.34 | -1.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | 0.15 | +0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | 0.10 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.13 | +0.05 |
Drawdowns
AV.L vs. ABDN.L - Drawdown Comparison
The maximum AV.L drawdown since its inception was -59.13%, smaller than the maximum ABDN.L drawdown of -64.13%. Use the drawdown chart below to compare losses from any high point for AV.L and ABDN.L.
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Drawdown Indicators
| AV.L | ABDN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.13% | -64.13% | +5.00% |
Max Drawdown (1Y)Largest decline over 1 year | -12.23% | -14.76% | +2.53% |
Max Drawdown (3Y)Largest decline over 3 years | -12.83% | -37.10% | +24.27% |
Max Drawdown (5Y)Largest decline over 5 years | -39.21% | -50.49% | +11.28% |
Max Drawdown (10Y)Largest decline over 10 years | -59.13% | -61.82% | +2.69% |
Current DrawdownCurrent decline from peak | -8.30% | -14.50% | +6.20% |
Average DrawdownAverage peak-to-trough decline | -16.08% | -28.92% | +12.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.33% | 5.04% | +0.29% |
Volatility
AV.L vs. ABDN.L - Volatility Comparison
The current volatility for Aviva plc (AV.L) is 5.46%, while Abrdn plc (ABDN.L) has a volatility of 8.11%. This indicates that AV.L experiences smaller price fluctuations and is considered to be less risky than ABDN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AV.L | ABDN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.46% | 8.11% | -2.65% |
Volatility (6M)Calculated over the trailing 6-month period | 15.98% | 23.85% | -7.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.18% | 28.65% | -8.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.94% | 32.62% | -6.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.65% | 33.91% | -6.26% |
Dividends
AV.L vs. ABDN.L - Dividend Comparison
AV.L's dividend yield for the trailing twelve months is around 6.44%, more than ABDN.L's 6.18% yield.
Financials
AV.L vs. ABDN.L - Financials Comparison
This section allows you to compare key financial metrics between Aviva plc and Abrdn plc. 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
Frequently Asked Questions
AV.L and ABDN.L have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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