CLNX.MC vs. 0QPS.L

Last updated Jun 5, 2026

CLNX.MC (Cellnex Telecom SA) and 0QPS.L (Givaudan SA) are both stocks. CLNX.MC operates in Real Estate - Services (Real Estate), while 0QPS.L operates in Specialty Chemicals (Basic Materials). Over the past 10 years, CLNX.MC returned 10.29%/yr vs 3.26%/yr for 0QPS.L. At a 0.25 correlation, their price movements are largely independent.

Performance

CLNX.MC vs. 0QPS.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Cellnex Telecom SA (CLNX.MC) and Givaudan SA (0QPS.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CLNX.MC is traded in EUR, while 0QPS.L is traded in GBP. To make them comparable, the 0QPS.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, CLNX.MC achieves a 3.46% return, which is significantly higher than 0QPS.L's -8.46% return. Over the past 10 years, CLNX.MC has outperformed 0QPS.L with an annualized return of 10.29%, while 0QPS.L has yielded a comparatively lower 3.26% annualized return.

CLNX.MC

• 1D: -1.03%
• 1M: -1.37%
• YTD: 3.46%
• 6M: 11.29%
• 1Y: -16.74%
• 3Y*: -9.15%
• 5Y*: -10.61%
• 10Y*: 10.29%

0QPS.L

• 1D: 2.14%
• 1M: 1.76%
• YTD: -8.46%
• 6M: -13.39%
• 1Y: -33.83%
• 3Y*: -1.74%
• 5Y*: -7.01%
• 10Y*: 3.26%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CLNX.MC vs. 0QPS.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CLNX.MC Cellnex Telecom SA	3.46%	-10.05%	-14.27%	15.52%	-39.49%	12.63%	37.48%	94.87%	5.35%	56.82%
0QPS.L Givaudan SA	-8.46%	-24.59%	19.19%	25.44%	-44.01%	37.37%	17.38%	40.76%	-0.53%	16.21%

Correlation

The correlation between CLNX.MC and 0QPS.L is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.28
Correlation (10Y) Calculated over the trailing 10-year period	0.25
Correlation (All Time) Calculated using the full available price history since May 8, 2015	0.25

Return for Risk

CLNX.MC vs. 0QPS.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CLNX.MC

CLNX.MC Risk / Return Rank: 17
CLNX.MC Sharpe Ratio Rank: 14
CLNX.MC Sortino Ratio Rank: 15
CLNX.MC Omega Ratio Rank: 15
CLNX.MC Calmar Ratio Rank: 19
CLNX.MC Martin Ratio Rank: 20

0QPS.L

0QPS.L Risk / Return Rank: 5
0QPS.L Sharpe Ratio Rank: 1
0QPS.L Sortino Ratio Rank: 2
0QPS.L Omega Ratio Rank: 3
0QPS.L Calmar Ratio Rank: 8
0QPS.L Martin Ratio Rank: 10

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CLNX.MC vs. 0QPS.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cellnex Telecom SA (CLNX.MC) and Givaudan SA (0QPS.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.

	CLNX.MC	0QPS.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.65	-1.47	+0.82
Sortino ratio: Return per unit of downside risk	-0.78	-2.12	+1.34
Omega ratio: Gain probability vs. loss probability	0.90	0.74	+0.17
Calmar ratio: Return relative to maximum drawdown	-0.61	-0.88	+0.27
Martin ratio: Return relative to average drawdown	-1.03	-1.30	+0.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CLNX.MC vs. 0QPS.L - Sharpe Ratio Comparison

The current CLNX.MC Sharpe Ratio is -0.65, which is higher than the 0QPS.L Sharpe Ratio of -1.47. The chart below compares the historical Sharpe Ratios of CLNX.MC and 0QPS.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CLNX.MC	0QPS.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.65	-1.47	+0.82
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.38	-0.29	-0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.36	0.05	+0.31
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.11	+0.20

Drawdowns

CLNX.MC vs. 0QPS.L - Drawdown Comparison

The maximum CLNX.MC drawdown since its inception was -58.93%, smaller than the maximum 0QPS.L drawdown of -70.58%. Use the drawdown chart below to compare losses from any high point for CLNX.MC and 0QPS.L.

Drawdown Indicators

	CLNX.MC	0QPS.L	Difference
Max Drawdown Largest peak-to-trough decline	-58.93%	-70.58%	+11.65%
Max Drawdown (1Y) Largest decline over 1 year	-26.87%	-38.79%	+11.92%
Max Drawdown (3Y) Largest decline over 3 years	-34.84%	-45.58%	+10.74%
Max Drawdown (5Y) Largest decline over 5 years	-58.93%	-47.38%	-11.55%
Max Drawdown (10Y) Largest decline over 10 years	-58.93%	-69.13%	+10.20%
Current Drawdown Current decline from peak	-53.25%	-42.53%	-10.72%
Average Drawdown Average peak-to-trough decline	-22.09%	-15.80%	-6.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.99%	26.57%	-10.58%

Volatility

CLNX.MC vs. 0QPS.L - Volatility Comparison

The current volatility for Cellnex Telecom SA (CLNX.MC) is 6.73%, while Givaudan SA (0QPS.L) has a volatility of 8.22%. This indicates that CLNX.MC experiences smaller price fluctuations and is considered to be less risky than 0QPS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CLNX.MC	0QPS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.73%	8.22%	-1.49%
Volatility (6M) Calculated over the trailing 6-month period	20.73%	19.50%	+1.23%
Volatility (1Y) Calculated over the trailing 1-year period	25.31%	23.58%	+1.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.91%	24.36%	+3.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.12%	65.88%	-37.76%

Dividends

CLNX.MC vs. 0QPS.L - Dividend Comparison

CLNX.MC's dividend yield for the trailing twelve months is around 1.39%, while 0QPS.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0QPS.L Givaudan SA	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CLNX.MC Cellnex Telecom SA	1.39%	0.06%	0.21%	0.16%	0.17%	0.13%	0.13%	0.20%	0.47%	0.33%	0.54%	0.19%

Financials

Frequently Asked Questions

Can I hold both CLNX.MC and 0QPS.L in my portfolio?

CLNX.MC and 0QPS.L have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.