BNP.PA vs. ALV.DE
BNP.PA (BNP Paribas SA) and ALV.DE (Allianz SE) are both stocks. Both are in the Financial Services sector — BNP.PA in Banks - Regional, ALV.DE in Insurance - Diversified. Over the past 10 years, BNP.PA returned 14.74%/yr vs 17.11%/yr for ALV.DE. A 0.67 correlation means they provide meaningful diversification when combined.
Performance
BNP.PA vs. ALV.DE - Performance Comparison
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Returns By Period
In the year-to-date period, BNP.PA achieves a 23.23% return, which is significantly higher than ALV.DE's 3.50% return. Over the past 10 years, BNP.PA has underperformed ALV.DE with an annualized return of 14.74%, while ALV.DE has yielded a comparatively higher 17.11% annualized return.
BNP.PA
- 1D
- 5.17%
- 1M
- 8.18%
- YTD
- 23.23%
- 6M
- 27.49%
- 1Y
- 36.77%
- 3Y*
- 27.31%
- 5Y*
- 19.64%
- 10Y*
- 14.74%
ALV.DE
- 1D
- 0.81%
- 1M
- 1.60%
- YTD
- 3.50%
- 6M
- 5.83%
- 1Y
- 18.32%
- 3Y*
- 28.56%
- 5Y*
- 17.80%
- 10Y*
- 17.11%
BNP.PA vs. ALV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BNP.PA BNP Paribas SA | 23.23% | 50.14% | 0.99% | 25.73% | -5.95% | 47.86% | -18.40% | 43.64% | -33.06% | 7.17% |
ALV.DE Allianz SE | 3.50% | 37.66% | 28.79% | 26.98% | 1.90% | 8.15% | -2.29% | 30.31% | -4.70% | 27.47% |
Correlation
The correlation between BNP.PA and ALV.DE 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 | 0.62 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Nov 29, 2006 | 0.67 |
The correlation between BNP.PA and ALV.DE shifts across timeframes, from 0.54 (1 year) to 0.67 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
BNP.PA vs. ALV.DE — Risk / Return Rank
BNP.PA
ALV.DE
BNP.PA vs. ALV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas SA (BNP.PA) and Allianz SE (ALV.DE). 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.
| BNP.PA | ALV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.27 | ||
| Sortino ratioReturn per unit of downside risk | +0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.18 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.75 | 1.44 | +0.32 |
| Martin ratioReturn relative to average drawdown | 4.48 | 3.71 | +0.77 |
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Drawdowns
BNP.PA vs. ALV.DE - Drawdown Comparison
The maximum BNP.PA drawdown since its inception was -75.39%, roughly equal to the maximum ALV.DE drawdown of -72.68%. Use the drawdown chart below to compare losses from any high point for BNP.PA and ALV.DE.
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Drawdown Indicators
| BNP.PA | ALV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.39% | -72.68% | -2.71% |
Max Drawdown (1Y)Largest decline over 1 year | -19.50% | -12.35% | -7.15% |
Max Drawdown (3Y)Largest decline over 3 years | -21.82% | -12.35% | -9.47% |
Max Drawdown (5Y)Largest decline over 5 years | -34.10% | -27.52% | -6.58% |
Max Drawdown (10Y)Largest decline over 10 years | -59.43% | -48.71% | -10.72% |
Current DrawdownCurrent decline from peak | 0.00% | -1.18% | +1.18% |
Average DrawdownAverage peak-to-trough decline | -23.60% | -16.77% | -6.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.66% | 4.79% | +2.87% |
Volatility
BNP.PA vs. ALV.DE - Volatility Comparison
BNP Paribas SA (BNP.PA) has a higher volatility of 7.86% compared to Allianz SE (ALV.DE) at 5.14%. This indicates that BNP.PA's price experiences larger fluctuations and is considered to be riskier than ALV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BNP.PA | ALV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.86% | 5.14% | +2.72% |
Volatility (6M)Calculated over the trailing 6-month period | 21.27% | 13.97% | +7.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.55% | 19.08% | +9.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.50% | 19.64% | +8.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.19% | 22.44% | +8.75% |
Dividends
BNP.PA vs. ALV.DE - Dividend Comparison
BNP.PA's dividend yield for the trailing twelve months is around 5.34%, more than ALV.DE's 4.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALV.DE Allianz SE | 4.43% | 3.94% | 4.66% | 4.71% | 5.38% | 4.62% | 4.78% | 4.12% | 4.57% | 3.97% | 4.65% | 4.19% |
BNP.PA BNP Paribas SA | 5.34% | 9.13% | 7.77% | 6.23% | 6.89% | 4.38% | 0.00% | 5.72% | 7.65% | 4.34% | 3.82% | 2.87% |
Financials
BNP.PA vs. ALV.DE - Financials Comparison
This section allows you to compare key financial metrics between BNP Paribas SA and Allianz SE. 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
BNP.PA and ALV.DE 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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