AZM.MI vs. BNP.PA
AZM.MI (Azimut Holding S.p.A) and BNP.PA (BNP Paribas SA) are both stocks. Both are in the Financial Services sector — AZM.MI in Asset Management, BNP.PA in Banks - Regional. Over the past 10 years, AZM.MI returned 14.62%/yr vs 13.30%/yr for BNP.PA. A 0.55 correlation means they provide meaningful diversification when combined.
Performance
AZM.MI vs. BNP.PA - Performance Comparison
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Returns By Period
In the year-to-date period, AZM.MI achieves a 3.20% return, which is significantly lower than BNP.PA's 19.76% return. Over the past 10 years, AZM.MI has outperformed BNP.PA with an annualized return of 14.62%, while BNP.PA has yielded a comparatively lower 13.30% annualized return.
AZM.MI
- 1D
- 2.11%
- 1M
- -1.04%
- YTD
- 3.20%
- 6M
- 5.86%
- 1Y
- 41.64%
- 3Y*
- 28.32%
- 5Y*
- 17.97%
- 10Y*
- 14.62%
BNP.PA
- 1D
- 0.83%
- 1M
- 3.58%
- YTD
- 19.76%
- 6M
- 28.34%
- 1Y
- 29.11%
- 3Y*
- 26.67%
- 5Y*
- 18.63%
- 10Y*
- 13.30%
AZM.MI vs. BNP.PA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AZM.MI Azimut Holding S.p.A | 3.20% | 59.18% | 5.49% | 20.61% | -9.38% | 45.88% | -10.48% | 144.23% | -32.60% | 6.22% |
BNP.PA BNP Paribas SA | 19.76% | 50.14% | 0.99% | 25.73% | -5.95% | 47.88% | -18.41% | 43.63% | -33.05% | 7.17% |
Correlation
The correlation between AZM.MI and BNP.PA is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Jul 8, 2004 | 0.55 |
The correlation between AZM.MI and BNP.PA has been stable across timeframes, ranging from 0.54 to 0.59 - a consistent structural relationship.
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Return for Risk
AZM.MI vs. BNP.PA — Risk / Return Rank
AZM.MI
BNP.PA
AZM.MI vs. BNP.PA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Azimut Holding S.p.A (AZM.MI) and BNP Paribas SA (BNP.PA). 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.
| AZM.MI | BNP.PA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.54 | ||
| Sortino ratioReturn per unit of downside risk | +0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.20 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.90 | 1.55 | +1.35 |
| Martin ratioReturn relative to average drawdown | 8.94 | 3.93 | +5.01 |
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
| AZM.MI | BNP.PA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.61 | 1.07 | +0.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | 0.64 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.42 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.25 | +0.20 |
Drawdowns
AZM.MI vs. BNP.PA - Drawdown Comparison
The maximum AZM.MI drawdown since its inception was -77.83%, roughly equal to the maximum BNP.PA drawdown of -75.43%. Use the drawdown chart below to compare losses from any high point for AZM.MI and BNP.PA.
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Drawdown Indicators
| AZM.MI | BNP.PA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.83% | -75.43% | -2.40% |
Max Drawdown (1Y)Largest decline over 1 year | -14.93% | -19.50% | +4.57% |
Max Drawdown (3Y)Largest decline over 3 years | -24.14% | -21.82% | -2.32% |
Max Drawdown (5Y)Largest decline over 5 years | -44.64% | -34.11% | -10.53% |
Max Drawdown (10Y)Largest decline over 10 years | -55.91% | -59.43% | +3.52% |
Current DrawdownCurrent decline from peak | -2.28% | -0.49% | -1.79% |
Average DrawdownAverage peak-to-trough decline | -23.59% | -19.98% | -3.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.83% | 7.67% | -2.84% |
Volatility
AZM.MI vs. BNP.PA - Volatility Comparison
Azimut Holding S.p.A (AZM.MI) has a higher volatility of 8.42% compared to BNP Paribas SA (BNP.PA) at 7.11%. This indicates that AZM.MI's price experiences larger fluctuations and is considered to be riskier than BNP.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AZM.MI | BNP.PA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.42% | 7.11% | +1.31% |
Volatility (6M)Calculated over the trailing 6-month period | 18.13% | 20.83% | -2.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.82% | 28.23% | -1.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.06% | 28.42% | -1.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.14% | 31.19% | -0.05% |
Dividends
AZM.MI vs. BNP.PA - Dividend Comparison
AZM.MI's dividend yield for the trailing twelve months is around 5.75%, more than BNP.PA's 5.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AZM.MI Azimut Holding S.p.A | 5.75% | 4.90% | 4.23% | 5.50% | 6.21% | 4.05% | 5.63% | 5.64% | 11.07% | 6.26% | 9.46% | 3.38% |
BNP.PA BNP Paribas SA | 5.49% | 9.13% | 7.77% | 6.23% | 6.89% | 4.38% | 0.00% | 5.72% | 7.65% | 4.34% | 3.82% | 2.87% |
Financials
AZM.MI vs. BNP.PA - Financials Comparison
This section allows you to compare key financial metrics between Azimut Holding S.p.A and BNP Paribas SA. 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
AZM.MI and BNP.PA have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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