DANOY vs. JAPAY

Last updated Jun 3, 2026

DANOY (Danone PK) and JAPAY (Japan Tobacco ADR) are both stocks. Both are in the Consumer Defensive sector — DANOY in Packaged Foods, JAPAY in Tobacco. Over the past 10 years, DANOY returned 4.00%/yr vs 0.40%/yr for JAPAY. At a 0.20 correlation, their price movements are largely independent.

Performance

DANOY vs. JAPAY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Danone PK (DANOY) and Japan Tobacco ADR (JAPAY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DANOY achieves a -14.49% return, which is significantly lower than JAPAY's 6.95% return. Over the past 10 years, DANOY has outperformed JAPAY with an annualized return of 4.00%, while JAPAY has yielded a comparatively lower 0.40% annualized return.

DANOY

• 1D: 3.97%
• 1M: -1.32%
• YTD: -14.49%
• 6M: -13.53%
• 1Y: -10.61%
• 3Y*: 10.89%
• 5Y*: 4.35%
• 10Y*: 4.00%

JAPAY

• 1D: 1.35%
• 1M: 2.82%
• YTD: 6.95%
• 6M: 1.35%
• 1Y: 27.11%
• 3Y*: 21.95%
• 5Y*: 15.18%
• 10Y*: 0.40%

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

DANOY vs. JAPAY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DANOY Danone PK	-14.49%	38.50%	7.31%	27.31%	-12.04%	-2.22%	-17.69%	21.25%	-14.17%	40.92%
JAPAY Japan Tobacco ADR	6.95%	43.51%	1.93%	28.32%	-0.69%	-0.88%	-8.36%	-5.36%	-26.88%	-1.62%

Correlation

The correlation between DANOY and JAPAY is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.25
Correlation (10Y) Calculated over the trailing 10-year period	0.23
Correlation (All Time) Calculated using the full available price history since Dec 29, 2009	0.20

The correlation between DANOY and JAPAY shifts across timeframes, from 0.20 (all time) to 0.34 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap DANOY : $48.17B JAPAY : $68.13B
EPS DANOY : $1.17 JAPAY : $157.07
PE Ratio DANOY : 12.75 JAPAY : 0.12
PEG Ratio DANOY : 0.85 JAPAY : 0.00
PS Ratio DANOY : 0.90 JAPAY : 0.02
PB Ratio DANOY : 2.85 JAPAY : 0.02
Total Revenue (TTM) DANOY : $53.58B JAPAY : $3.61T
Gross Profit (TTM) DANOY : $20.60B JAPAY : $2.04T
EBITDA (TTM) DANOY : -$2.39B JAPAY : $1.06T

Return for Risk

DANOY vs. JAPAY — Risk / Return Rank

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

DANOY

DANOY Risk / Return Rank: 20
DANOY Sharpe Ratio Rank: 20
DANOY Sortino Ratio Rank: 18
DANOY Omega Ratio Rank: 19
DANOY Calmar Ratio Rank: 24
DANOY Martin Ratio Rank: 19

JAPAY

JAPAY Risk / Return Rank: 76
JAPAY Sharpe Ratio Rank: 77
JAPAY Sortino Ratio Rank: 76
JAPAY Omega Ratio Rank: 72
JAPAY Calmar Ratio Rank: 78
JAPAY Martin Ratio Rank: 79

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.

DANOY vs. JAPAY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Danone PK (DANOY) and Japan Tobacco ADR (JAPAY). 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.

	DANOY	JAPAY	Difference
Sharpe ratio Return per unit of total volatility	-0.47	1.33	-1.80
Sortino ratio Return per unit of downside risk	-0.54	2.07	-2.61
Omega ratio Gain probability vs. loss probability	0.93	1.24	-0.31
Calmar ratio Return relative to maximum drawdown	-0.46	2.44	-2.90
Martin ratio Return relative to average drawdown	-1.03	6.32	-7.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DANOY vs. JAPAY - Sharpe Ratio Comparison

The current DANOY Sharpe Ratio is -0.47, which is lower than the JAPAY Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of DANOY and JAPAY, 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

	DANOY	JAPAY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.47	1.33	-1.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.21	0.80	-0.59
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.19	0.02	+0.17
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	0.17	-0.06

Drawdowns

DANOY vs. JAPAY - Drawdown Comparison

The maximum DANOY drawdown since its inception was -53.64%, smaller than the maximum JAPAY drawdown of -61.83%. Use the drawdown chart below to compare losses from any high point for DANOY and JAPAY.

Drawdown Indicators

	DANOY	JAPAY	Difference
Max Drawdown Largest peak-to-trough decline	-53.64%	-61.83%	+8.19%
Max Drawdown (1Y) Largest decline over 1 year	-20.88%	-11.51%	-9.37%
Max Drawdown (3Y) Largest decline over 3 years	-20.88%	-15.13%	-5.75%
Max Drawdown (5Y) Largest decline over 5 years	-37.81%	-23.93%	-13.88%
Max Drawdown (10Y) Largest decline over 10 years	-43.32%	-61.53%	+18.21%
Current Drawdown Current decline from peak	-16.93%	-4.88%	-12.05%
Average Drawdown Average peak-to-trough decline	-18.42%	-26.61%	+8.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.38%	4.44%	+4.94%

Volatility

DANOY vs. JAPAY - Volatility Comparison

Danone PK (DANOY) has a higher volatility of 7.76% compared to Japan Tobacco ADR (JAPAY) at 7.09%. This indicates that DANOY's price experiences larger fluctuations and is considered to be riskier than JAPAY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DANOY	JAPAY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.76%	7.09%	+0.67%
Volatility (6M) Calculated over the trailing 6-month period	18.17%	15.09%	+3.08%
Volatility (1Y) Calculated over the trailing 1-year period	22.65%	20.44%	+2.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.72%	19.11%	+1.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.51%	19.26%	+2.25%

Dividends

DANOY vs. JAPAY - Dividend Comparison

DANOY's dividend yield for the trailing twelve months is around 3.51%, more than JAPAY's 1.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DANOY Danone PK	3.51%	2.61%	3.40%	3.36%	3.98%	3.77%	3.61%	2.62%	3.32%	4.78%	5.83%	2.42%
JAPAY Japan Tobacco ADR	1.82%	1.95%	2.51%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	7.63%	0.00%

Financials

DANOY vs. JAPAY - Profitability Comparison

The chart below illustrates the profitability comparison between Danone PK and Japan Tobacco ADR over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

DANOY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Danone PK reported a gross profit of 0.00 and revenue of 12.47B. Therefore, the gross margin over that period was 0.0%.

JAPAY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Japan Tobacco ADR reported a gross profit of 554.97B and revenue of 940.94B. Therefore, the gross margin over that period was 59.0%.

DANOY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Danone PK reported an operating income of -9.61B and revenue of 12.47B, resulting in an operating margin of -77.0%.

JAPAY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Japan Tobacco ADR reported an operating income of 303.45B and revenue of 940.94B, resulting in an operating margin of 32.3%.

DANOY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Danone PK reported a net income of 712.01M and revenue of 12.47B, resulting in a net margin of 5.7%.

JAPAY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Japan Tobacco ADR reported a net income of 200.66B and revenue of 940.94B, resulting in a net margin of 21.3%.

Frequently Asked Questions

Can I hold both DANOY and JAPAY in my portfolio?

DANOY and JAPAY have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DANOY or JAPAY?

DANOY has higher volatility (7.76%) compared to JAPAY (7.09%). In terms of maximum drawdown, DANOY dropped -53.64% vs JAPAY's -61.83%.

Which has better risk-adjusted returns?

JAPAY currently has the higher Sharpe Ratio (1.33 vs -0.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.