DNOPY vs. JRONY

Last updated Jun 4, 2026

DNOPY (Dino Polska S.A) and JRONY (Jerónimo Martins ADR) are both stocks. Both are in the Consumer Defensive sector — DNOPY in Grocery Stores, JRONY in Food Distribution. Over the past 5 years, DNOPY returned 4.72%/yr vs 4.51%/yr for JRONY. At a 0.19 correlation, their price movements are largely independent.

Performance

DNOPY vs. JRONY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dino Polska S.A (DNOPY) and Jerónimo Martins ADR (JRONY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DNOPY achieves a -29.00% return, which is significantly lower than JRONY's -10.15% return.

DNOPY

• 1D: -0.36%
• 1M: -5.93%
• YTD: -29.00%
• 6M: -23.54%
• 1Y: -43.63%
• 3Y*: -10.01%
• 5Y*: 4.72%
• 10Y*: —

JRONY

• 1D: -0.08%
• 1M: -7.39%
• YTD: -10.15%
• 6M: -9.86%
• 1Y: -14.01%
• 3Y*: -4.28%
• 5Y*: 4.51%
• 10Y*: 6.09%

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

DNOPY vs. JRONY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
DNOPY Dino Polska S.A	-29.00%	19.79%	-16.65%	30.68%	2.43%	10.75%	89.61%
JRONY Jerónimo Martins ADR	-10.15%	28.14%	-22.47%	20.68%	-3.86%	39.97%	-3.37%

Correlation

The correlation between DNOPY and JRONY is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (All Time) Calculated using the full available price history since May 1, 2020	0.19

The correlation between DNOPY and JRONY shifts across timeframes, from 0.19 (all time) to 0.38 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap DNOPY : $8.09B JRONY : $6.47B
EPS DNOPY : $1.59 JRONY : $2.46
PE Ratio DNOPY : 5.20 JRONY : 16.75
PEG Ratio DNOPY : 0.29 JRONY : 0.47
PS Ratio DNOPY : 0.23 JRONY : 0.30
PB Ratio DNOPY : 0.90 JRONY : 1.97
Total Revenue (TTM) DNOPY : $34.60B JRONY : $35.90B
Gross Profit (TTM) DNOPY : $8.12B JRONY : $7.13B
EBITDA (TTM) DNOPY : $2.57B JRONY : $2.43B

Return for Risk

DNOPY vs. JRONY — Risk / Return Rank

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

DNOPY

DNOPY Risk / Return Rank: 5
DNOPY Sharpe Ratio Rank: 5
DNOPY Sortino Ratio Rank: 6
DNOPY Omega Ratio Rank: 7
DNOPY Calmar Ratio Rank: 6
DNOPY Martin Ratio Rank: 3

JRONY

JRONY Risk / Return Rank: 15
JRONY Sharpe Ratio Rank: 16
JRONY Sortino Ratio Rank: 17
JRONY Omega Ratio Rank: 16
JRONY Calmar Ratio Rank: 17
JRONY 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.

DNOPY vs. JRONY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dino Polska S.A (DNOPY) and Jerónimo Martins ADR (JRONY). 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.

	DNOPY	JRONY	Difference
Sharpe ratio Return per unit of total volatility	-1.00	-0.57	-0.44
Sortino ratio Return per unit of downside risk	-1.42	-0.66	-0.76
Omega ratio Gain probability vs. loss probability	0.82	0.91	-0.09
Calmar ratio Return relative to maximum drawdown	-0.91	-0.66	-0.24
Martin ratio Return relative to average drawdown	-1.69	-1.34	-0.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DNOPY vs. JRONY - Sharpe Ratio Comparison

The current DNOPY Sharpe Ratio is -1.00, which is lower than the JRONY Sharpe Ratio of -0.57. The chart below compares the historical Sharpe Ratios of DNOPY and JRONY, 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

	DNOPY	JRONY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.00	-0.57	-0.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.08	0.15	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.21	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.36	-0.16

Drawdowns

DNOPY vs. JRONY - Drawdown Comparison

The maximum DNOPY drawdown since its inception was -48.35%, smaller than the maximum JRONY drawdown of -62.59%. Use the drawdown chart below to compare losses from any high point for DNOPY and JRONY.

Drawdown Indicators

	DNOPY	JRONY	Difference
Max Drawdown Largest peak-to-trough decline	-48.35%	-62.59%	+14.24%
Max Drawdown (1Y) Largest decline over 1 year	-48.35%	-21.26%	-27.09%
Max Drawdown (3Y) Largest decline over 3 years	-48.35%	-42.93%	-5.42%
Max Drawdown (5Y) Largest decline over 5 years	-48.35%	-42.93%	-5.42%
Max Drawdown (10Y) Largest decline over 10 years	—	-44.55%	—
Current Drawdown Current decline from peak	-45.58%	-24.14%	-21.44%
Average Drawdown Average peak-to-trough decline	-14.32%	-17.16%	+2.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.82%	10.49%	+15.33%

Volatility

DNOPY vs. JRONY - Volatility Comparison

Dino Polska S.A (DNOPY) has a higher volatility of 11.25% compared to Jerónimo Martins ADR (JRONY) at 8.11%. This indicates that DNOPY's price experiences larger fluctuations and is considered to be riskier than JRONY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DNOPY	JRONY	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.25%	8.11%	+3.14%
Volatility (6M) Calculated over the trailing 6-month period	37.09%	18.51%	+18.58%
Volatility (1Y) Calculated over the trailing 1-year period	43.68%	24.85%	+18.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.30%	30.38%	+27.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.80%	29.48%	+30.32%

Dividends

DNOPY vs. JRONY - Dividend Comparison

DNOPY has not paid dividends to shareholders, while JRONY's dividend yield for the trailing twelve months is around 3.70%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DNOPY Dino Polska S.A	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
JRONY Jerónimo Martins ADR	3.70%	2.72%	3.70%	2.39%	3.83%	1.48%	2.35%	2.18%	6.50%	7.13%	10.27%	5.18%

Financials

DNOPY vs. JRONY - Profitability Comparison

The chart below illustrates the profitability comparison between Dino Polska S.A and Jerónimo Martins ADR over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

DNOPY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Dino Polska S.A reported a gross profit of 2.02B and revenue of 8.44B. Therefore, the gross margin over that period was 24.0%.

JRONY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Jerónimo Martins ADR reported a gross profit of 1.67B and revenue of 9.37B. Therefore, the gross margin over that period was 17.8%.

DNOPY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Dino Polska S.A reported an operating income of 419.22M and revenue of 8.44B, resulting in an operating margin of 5.0%.

JRONY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Jerónimo Martins ADR reported an operating income of 370.49M and revenue of 9.37B, resulting in an operating margin of 4.0%.

DNOPY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Dino Polska S.A reported a net income of 315.98M and revenue of 8.44B, resulting in a net margin of 3.7%.

JRONY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Jerónimo Martins ADR reported a net income of 161.47M and revenue of 9.37B, resulting in a net margin of 1.7%.

Frequently Asked Questions

Can I hold both DNOPY and JRONY in my portfolio?

DNOPY and JRONY have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DNOPY or JRONY?

DNOPY has higher volatility (11.25%) compared to JRONY (8.11%). In terms of maximum drawdown, DNOPY dropped -48.35% vs JRONY's -62.59%.

Which has better risk-adjusted returns?

JRONY currently has the higher Sharpe Ratio (-0.57 vs -1.00), 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.