AXAHY vs. TELNY
AXAHY (Axa SA ADR) and TELNY (Telenor ASA ADR) are both stocks. AXAHY operates in Insurance - Diversified (Financial Services), while TELNY operates in Telecom Services (Communication Services). Over the past 10 years, AXAHY returned 15.53%/yr vs 7.06%/yr for TELNY. At a 0.41 correlation, their price movements are largely independent.
Performance
AXAHY vs. TELNY - Performance Comparison
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Returns By Period
In the year-to-date period, AXAHY achieves a 7.59% return, which is significantly higher than TELNY's 3.98% return. Over the past 10 years, AXAHY has outperformed TELNY with an annualized return of 15.53%, while TELNY has yielded a comparatively lower 7.06% annualized return.
AXAHY
- 1D
- -0.15%
- 1M
- 4.91%
- YTD
- 7.59%
- 6M
- 6.56%
- 1Y
- 6.13%
- 3Y*
- 26.20%
- 5Y*
- 20.22%
- 10Y*
- 15.53%
TELNY
- 1D
- -1.04%
- 1M
- -11.04%
- YTD
- 3.98%
- 6M
- 5.65%
- 1Y
- 1.32%
- 3Y*
- 21.48%
- 5Y*
- 4.26%
- 10Y*
- 7.06%
AXAHY vs. TELNY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AXAHY Axa SA ADR | 7.59% | 42.15% | 15.60% | 24.26% | -0.12% | 32.10% | -11.41% | 39.57% | -23.77% | 23.28% |
TELNY Telenor ASA ADR | 3.98% | 38.41% | 4.53% | 33.74% | -35.05% | -1.85% | 0.85% | -2.97% | -2.17% | 56.53% |
Correlation
The correlation between AXAHY and TELNY is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2007 | 0.41 |
The correlation between AXAHY and TELNY shifts across timeframes, from 0.27 (1 year) to 0.41 (all time), reflecting how their relationship changes across market environments.
Fundamentals
AXAHY:
$98.86B
TELNY:
$20.16B
AXAHY:
€8.43
TELNY:
NOK 10.35
AXAHY:
5.06
TELNY:
13.81
AXAHY:
0.35
TELNY:
10.95
AXAHY:
0.43
TELNY:
2.49
AXAHY:
1.83
TELNY:
2.58
AXAHY:
€206.92B
TELNY:
NOK 78.35B
AXAHY:
€198.36B
TELNY:
NOK 54.58B
AXAHY:
€21.17B
TELNY:
NOK 43.17B
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Return for Risk
AXAHY vs. TELNY — Risk / Return Rank
AXAHY
TELNY
AXAHY vs. TELNY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Axa SA ADR (AXAHY) and Telenor ASA ADR (TELNY). 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.
| AXAHY | TELNY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.23 | ||
| Sortino ratioReturn per unit of downside risk | +0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.03 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.41 | 0.07 | +0.34 |
| Martin ratioReturn relative to average drawdown | 0.77 | 0.15 | +0.63 |
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Drawdowns
AXAHY vs. TELNY - Drawdown Comparison
The maximum AXAHY drawdown since its inception was -89.17%, which is greater than TELNY's maximum drawdown of -81.49%. Use the drawdown chart below to compare losses from any high point for AXAHY and TELNY.
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Drawdown Indicators
| AXAHY | TELNY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.17% | -81.49% | -7.68% |
Max Drawdown (1Y)Largest decline over 1 year | -15.11% | -19.06% | +3.95% |
Max Drawdown (3Y)Largest decline over 3 years | -16.44% | -19.06% | +2.62% |
Max Drawdown (5Y)Largest decline over 5 years | -32.38% | -46.37% | +13.99% |
Max Drawdown (10Y)Largest decline over 10 years | -56.26% | -50.97% | -5.29% |
Current DrawdownCurrent decline from peak | -0.98% | -19.06% | +18.08% |
Average DrawdownAverage peak-to-trough decline | -43.04% | -23.11% | -19.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.95% | 9.05% | -1.10% |
Volatility
AXAHY vs. TELNY - Volatility Comparison
The current volatility for Axa SA ADR (AXAHY) is 5.62%, while Telenor ASA ADR (TELNY) has a volatility of 6.57%. This indicates that AXAHY experiences smaller price fluctuations and is considered to be less risky than TELNY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AXAHY | TELNY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.62% | 6.57% | -0.95% |
Volatility (6M)Calculated over the trailing 6-month period | 15.69% | 19.67% | -3.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.43% | 23.92% | -2.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.09% | 22.87% | +1.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.50% | 24.80% | +2.70% |
Dividends
AXAHY vs. TELNY - Dividend Comparison
AXAHY's dividend yield for the trailing twelve months is around 5.57%, less than TELNY's 6.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AXAHY Axa SA ADR | 5.57% | 5.10% | 5.91% | 5.50% | 6.00% | 5.70% | 3.45% | 5.36% | 7.26% | 4.26% | 4.96% | 3.90% |
TELNY Telenor ASA ADR | 6.40% | 5.85% | 8.06% | 7.72% | 10.95% | 6.79% | 5.53% | 5.39% | 7.99% | 7.00% | 9.13% | 5.40% |
Financials
AXAHY vs. TELNY - Financials Comparison
This section allows you to compare key financial metrics between Axa SA ADR and Telenor ASA ADR. 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
AXAHY vs. TELNY - Profitability Comparison
AXAHY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Axa SA ADR reported a gross profit of 70.40B and revenue of 70.40B. Therefore, the gross margin over that period was 100.0%.
TELNY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Telenor ASA ADR reported a gross profit of 14.20B and revenue of 18.20B. Therefore, the gross margin over that period was 78.0%.
AXAHY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Axa SA ADR reported an operating income of 0.00 and revenue of 70.40B, resulting in an operating margin of 0.0%.
TELNY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Telenor ASA ADR reported an operating income of 4.12B and revenue of 18.20B, resulting in an operating margin of 22.6%.
AXAHY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Axa SA ADR reported a net income of 5.86B and revenue of 70.40B, resulting in a net margin of 8.3%.
TELNY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Telenor ASA ADR reported a net income of 8.21B and revenue of 18.20B, resulting in a net margin of 45.1%.
Frequently Asked Questions
AXAHY and TELNY have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TELNY has higher volatility (6.57%) compared to AXAHY (5.62%). In terms of maximum drawdown, AXAHY dropped -89.17% vs TELNY's -81.49%.
AXAHY currently has the higher Sharpe Ratio (0.29 vs 0.06), 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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