FUR.AS vs. IGIC

Last updated Jun 5, 2026

FUR.AS (Fugro N.V.) and IGIC (International General Insurance Holdings Ltd.) are both stocks. FUR.AS operates in Oil & Gas Equipment & Services (Energy), while IGIC operates in Insurance - Diversified (Financial Services). Over the past 5 years, FUR.AS returned 7.30%/yr vs 29.31%/yr for IGIC. At a 0.02 correlation, their price movements are largely independent.

Performance

FUR.AS vs. IGIC - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Fugro N.V. (FUR.AS) and International General Insurance Holdings Ltd. (IGIC). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FUR.AS is traded in EUR, while IGIC is traded in USD. To make them comparable, the IGIC values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, FUR.AS achieves a 41.59% return, which is significantly higher than IGIC's 9.76% return.

FUR.AS

• 1D: 1.63%
• 1M: -1.17%
• YTD: 41.59%
• 6M: 32.83%
• 1Y: 6.38%
• 3Y*: -2.45%
• 5Y*: 7.30%
• 10Y*: -5.92%

IGIC

• 1D: 3.05%
• 1M: -1.15%
• YTD: 9.76%
• 6M: 13.76%
• 1Y: 18.05%
• 3Y*: 43.19%
• 5Y*: 29.31%
• 10Y*: —

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

FUR.AS vs. IGIC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FUR.AS Fugro N.V.	41.59%	-45.61%	-1.91%	54.82%	62.67%	-9.41%	54.73%
IGIC International General Insurance Holdings Ltd.	9.76%	-3.09%	105.08%	56.82%	7.92%	11.98%	-12.05%

Correlation

The correlation between FUR.AS and IGIC is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (5Y) Calculated over the trailing 5-year period	0.03
Correlation (All Time) Calculated using the full available price history since Mar 19, 2020	0.02

Return for Risk

FUR.AS vs. IGIC — Risk / Return Rank

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

FUR.AS

FUR.AS Risk / Return Rank: 44
FUR.AS Sharpe Ratio Rank: 47
FUR.AS Sortino Ratio Rank: 42
FUR.AS Omega Ratio Rank: 41
FUR.AS Calmar Ratio Rank: 45
FUR.AS Martin Ratio Rank: 44

IGIC

IGIC Risk / Return Rank: 64
IGIC Sharpe Ratio Rank: 66
IGIC Sortino Ratio Rank: 60
IGIC Omega Ratio Rank: 58
IGIC Calmar Ratio Rank: 66
IGIC Martin Ratio Rank: 69

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.

FUR.AS vs. IGIC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fugro N.V. (FUR.AS) and International General Insurance Holdings Ltd. (IGIC). 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.

	FUR.AS	IGIC	Difference
Sharpe ratio: Return per unit of total volatility	0.15	0.73	-0.58
Sortino ratio: Return per unit of downside risk	0.48	1.15	-0.67
Omega ratio: Gain probability vs. loss probability	1.06	1.14	-0.08
Calmar ratio: Return relative to maximum drawdown	0.15	1.23	-1.08
Martin ratio: Return relative to average drawdown	0.27	3.46	-3.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FUR.AS vs. IGIC - Sharpe Ratio Comparison

The current FUR.AS Sharpe Ratio is 0.15, which is lower than the IGIC Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of FUR.AS and IGIC, 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

	FUR.AS	IGIC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.15	0.73	-0.58
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.19	0.93	-0.73
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.13	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	0.55	-0.43

Drawdowns

FUR.AS vs. IGIC - Drawdown Comparison

The maximum FUR.AS drawdown since its inception was -94.98%, which is greater than IGIC's maximum drawdown of -34.90%. Use the drawdown chart below to compare losses from any high point for FUR.AS and IGIC.

Drawdown Indicators

	FUR.AS	IGIC	Difference
Max Drawdown Largest peak-to-trough decline	-94.98%	-34.90%	-60.08%
Max Drawdown (1Y) Largest decline over 1 year	-36.46%	-14.74%	-21.72%
Max Drawdown (3Y) Largest decline over 3 years	-65.43%	-27.01%	-38.42%
Max Drawdown (5Y) Largest decline over 5 years	-65.43%	-27.01%	-38.42%
Max Drawdown (10Y) Largest decline over 10 years	-84.15%	—	—
Current Drawdown Current decline from peak	-84.08%	-6.80%	-77.28%
Average Drawdown Average peak-to-trough decline	-41.95%	-9.98%	-31.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.30%	5.23%	+15.07%

Volatility

FUR.AS vs. IGIC - Volatility Comparison

The current volatility for Fugro N.V. (FUR.AS) is 6.91%, while International General Insurance Holdings Ltd. (IGIC) has a volatility of 7.55%. This indicates that FUR.AS experiences smaller price fluctuations and is considered to be less risky than IGIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FUR.AS	IGIC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.91%	7.55%	-0.64%
Volatility (6M) Calculated over the trailing 6-month period	27.07%	16.95%	+10.12%
Volatility (1Y) Calculated over the trailing 1-year period	36.03%	24.77%	+11.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.41%	31.77%	+5.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.55%	42.45%	+3.10%

Dividends

FUR.AS vs. IGIC - Dividend Comparison

FUR.AS's dividend yield for the trailing twelve months is around 1.26%, less than IGIC's 5.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
FUR.AS Fugro N.V.	1.26%	8.83%	2.39%	0.00%	0.00%	0.00%	0.00%
IGIC International General Insurance Holdings Ltd.	5.37%	4.09%	2.46%	0.31%	2.75%	4.07%	1.11%

Financials

Frequently Asked Questions

Can I hold both FUR.AS and IGIC in my portfolio?

FUR.AS and IGIC have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.