BEZ.L vs. LRE.L
BEZ.L (Beazley plc) and LRE.L (Lancashire Holdings Ltd) are both stocks. Both are in the Financial Services sector — BEZ.L in Insurance - Property & Casualty, LRE.L in Insurance - Specialty. Over the past 10 years, BEZ.L returned 15.05%/yr vs 7.78%/yr for LRE.L. At a 0.42 correlation, their price movements are largely independent.
Performance
BEZ.L vs. LRE.L - Performance Comparison
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Returns By Period
In the year-to-date period, BEZ.L achieves a 57.86% return, which is significantly higher than LRE.L's 11.38% return. Over the past 10 years, BEZ.L has outperformed LRE.L with an annualized return of 15.05%, while LRE.L has yielded a comparatively lower 7.78% annualized return.
BEZ.L
- 1D
- 0.04%
- 1M
- 0.27%
- 6M
- 12.26%
- YTD
- 57.86%
- 1Y
- 43.54%
- 3Y*
- 33.83%
- 5Y*
- 32.42%
- 10Y*
- 15.05%
- ALL TIME*
- 16.97%
LRE.L
- 1D
- 0.61%
- 1M
- 3.13%
- 6M
- 14.41%
- YTD
- 11.38%
- 1Y
- 26.16%
- 3Y*
- 20.84%
- 5Y*
- 11.88%
- 10Y*
- 7.78%
- ALL TIME*
- 10.23%
BEZ.L vs. LRE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BEZ.L Beazley plc | 57.86% | 4.82% | 59.69% | -21.47% | 49.55% | 27.89% | -33.44% | 12.81% | -3.78% | 41.17% |
LRE.L Lancashire Holdings Ltd | 11.38% | 13.55% | 24.24% | 4.16% | 26.44% | -25.59% | -3.95% | 28.91% | -7.73% | -0.40% |
Correlation
The correlation between BEZ.L and LRE.L is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Oct 3, 2006 | 0.42 |
The correlation between BEZ.L and LRE.L shifts across timeframes, from 0.42 (all time) to 0.55 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
BEZ.L:
£7.61B
LRE.L:
£1.60B
BEZ.L:
$7.40B
LRE.L:
$1.53B
BEZ.L:
$12.12B
LRE.L:
$1.53B
BEZ.L:
$2.09B
LRE.L:
$0.00
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Return for Risk
BEZ.L vs. LRE.L — Risk / Return Rank
BEZ.L
LRE.L
BEZ.L vs. LRE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Beazley plc (BEZ.L) and Lancashire Holdings Ltd (LRE.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.
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.
| BEZ.L | LRE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.77 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.23 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 2.31 | 2.11 | +0.19 |
| Martin ratioReturn relative to average drawdown | 5.71 | 5.02 | +0.69 |
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Drawdowns
BEZ.L vs. LRE.L - Drawdown Comparison
The maximum BEZ.L drawdown since its inception was -52.58%, smaller than the maximum LRE.L drawdown of -58.38%. Use the drawdown chart below to compare losses from any high point for BEZ.L and LRE.L.
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Drawdown Indicators
| BEZ.L | LRE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.58% | -58.38% | +5.80% |
Max Drawdown (1Y)Largest decline over 1 year | -18.80% | -12.33% | -6.47% |
Max Drawdown (3Y)Largest decline over 3 years | -20.97% | -20.41% | -0.56% |
Max Drawdown (5Y)Largest decline over 5 years | -25.21% | -48.41% | +23.20% |
Max Drawdown (10Y)Largest decline over 10 years | -52.58% | -58.38% | +5.80% |
Current DrawdownCurrent decline from peak | -0.08% | 0.00% | -0.08% |
Average DrawdownAverage peak-to-trough decline | -13.34% | -12.96% | -0.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.59% | 5.20% | +2.39% |
Volatility
BEZ.L vs. LRE.L - Volatility Comparison
The current volatility for Beazley plc (BEZ.L) is 0.28%, while Lancashire Holdings Ltd (LRE.L) has a volatility of 3.44%. This indicates that BEZ.L experiences smaller price fluctuations and is considered to be less risky than LRE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BEZ.L | LRE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.28% | 3.44% | -3.16% |
Volatility (6M)Calculated over the trailing 6-month period | 9.75% | 16.39% | -6.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.33% | 21.99% | +26.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.79% | 29.01% | +4.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.67% | 27.86% | +4.81% |
Dividends
BEZ.L vs. LRE.L - Dividend Comparison
BEZ.L's dividend yield for the trailing twelve months is around 1.94%, less than LRE.L's 16.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BEZ.L Beazley plc | 1.94% | 3.00% | 1.74% | 2.59% | 1.90% | 0.00% | 2.25% | 2.14% | 2.24% | 2.00% | 2.61% | 2.43% |
LRE.L Lancashire Holdings Ltd | 16.90% | 14.82% | 15.62% | 8.35% | 1.90% | 2.03% | 1.65% | 1.43% | 3.89% | 1.39% | 8.14% | 10.54% |
Financials
BEZ.L vs. LRE.L - Financials Comparison
This section allows you to compare key financial metrics between Beazley plc and Lancashire Holdings Ltd. 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
BEZ.L and LRE.L have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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