CSN.L vs. AV.L
CSN.L (Chesnara) and AV.L (Aviva plc) are both stocks. Both are in the Financial Services sector — CSN.L in Insurance - Life, AV.L in Insurance - Diversified. Over the past 10 years, CSN.L returned 10.36%/yr vs 5.18%/yr for AV.L. At a 0.19 correlation, their price movements are largely independent.
Performance
CSN.L vs. AV.L - Performance Comparison
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Returns By Period
In the year-to-date period, CSN.L achieves a 10.88% return, which is significantly higher than AV.L's -8.01% return. Over the past 10 years, CSN.L has outperformed AV.L with an annualized return of 10.36%, while AV.L has yielded a comparatively lower 5.18% annualized return.
CSN.L
- 1D
- 0.16%
- 1M
- 1.76%
- YTD
- 10.88%
- 6M
- 17.72%
- 1Y
- 34.22%
- 3Y*
- 19.20%
- 5Y*
- 15.73%
- 10Y*
- 10.36%
AV.L
- 1D
- -0.79%
- 1M
- -3.18%
- YTD
- -8.01%
- 6M
- -2.36%
- 1Y
- 4.40%
- 3Y*
- 22.62%
- 5Y*
- 7.89%
- 10Y*
- 5.18%
CSN.L vs. AV.L - Yearly Performance Comparison
Correlation
The correlation between CSN.L and AV.L is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Oct 21, 2009 | 0.19 |
Over the past year, CSN.L and AV.L have become more correlated (0.48) than their long-term average of 0.19, meaning their price movements have been converging.
Fundamentals
CSN.L:
£61.06M
AV.L:
£22.58B
CSN.L:
-£0.08
AV.L:
£0.49
CSN.L:
0.14
AV.L:
0.24
CSN.L:
0.11
AV.L:
2.33
CSN.L:
£1.91B
AV.L:
£80.81B
CSN.L:
£1.40B
AV.L:
£84.57B
CSN.L:
£69.40M
AV.L:
£2.85B
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Return for Risk
CSN.L vs. AV.L — Risk / Return Rank
CSN.L
AV.L
CSN.L vs. AV.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Chesnara (CSN.L) and Aviva plc (AV.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.
| CSN.L | AV.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.56 | ||
| Sortino ratioReturn per unit of downside risk | +2.17 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.06 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 2.80 | 0.36 | +2.44 |
| Martin ratioReturn relative to average drawdown | 8.13 | 0.83 | +7.31 |
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
| CSN.L | AV.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.78 | 0.22 | +1.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.77 | 0.30 | +0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | 0.19 | +0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.18 | +0.22 |
Drawdowns
CSN.L vs. AV.L - Drawdown Comparison
The maximum CSN.L drawdown since its inception was -43.45%, smaller than the maximum AV.L drawdown of -59.13%. Use the drawdown chart below to compare losses from any high point for CSN.L and AV.L.
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Drawdown Indicators
| CSN.L | AV.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.45% | -59.13% | +15.68% |
Max Drawdown (1Y)Largest decline over 1 year | -12.18% | -12.23% | +0.05% |
Max Drawdown (3Y)Largest decline over 3 years | -12.18% | -12.83% | +0.65% |
Max Drawdown (5Y)Largest decline over 5 years | -18.23% | -39.21% | +20.98% |
Max Drawdown (10Y)Largest decline over 10 years | -43.45% | -59.13% | +15.68% |
Current DrawdownCurrent decline from peak | -2.76% | -9.41% | +6.65% |
Average DrawdownAverage peak-to-trough decline | -9.77% | -16.08% | +6.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.20% | 5.31% | -1.11% |
Volatility
CSN.L vs. AV.L - Volatility Comparison
The current volatility for Chesnara (CSN.L) is 3.90%, while Aviva plc (AV.L) has a volatility of 5.28%. This indicates that CSN.L experiences smaller price fluctuations and is considered to be less risky than AV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CSN.L | AV.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.90% | 5.28% | -1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 13.85% | 15.96% | -2.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.17% | 20.18% | -1.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.38% | 25.95% | -5.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.30% | 27.64% | +1.66% |
Dividends
CSN.L vs. AV.L - Dividend Comparison
CSN.L's dividend yield for the trailing twelve months is around 7.09%, more than AV.L's 6.52% yield.
Financials
CSN.L vs. AV.L - Financials Comparison
This section allows you to compare key financial metrics between Chesnara and Aviva plc. 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
CSN.L vs. AV.L - Profitability Comparison
CSN.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Chesnara reported a gross profit of 815.70M and revenue of 815.70M. Therefore, the gross margin over that period was 100.0%.
AV.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Aviva plc reported a gross profit of 38.52B and revenue of 38.52B. Therefore, the gross margin over that period was 100.0%.
CSN.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Chesnara reported an operating income of 23.40M and revenue of 815.70M, resulting in an operating margin of 2.9%.
AV.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Aviva plc reported an operating income of 576.00M and revenue of 38.52B, resulting in an operating margin of 1.5%.
CSN.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Chesnara reported a net income of 400.00K and revenue of 815.70M, resulting in a net margin of 0.1%.
AV.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Aviva plc reported a net income of 226.00M and revenue of 38.52B, resulting in a net margin of 0.6%.
Frequently Asked Questions
CSN.L and AV.L have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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