GLEN.L vs. AZN
GLEN.L (Glencore plc) and AZN (AstraZeneca PLC) are both stocks. GLEN.L operates in Other Industrial Metals & Mining (Basic Materials), while AZN operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, GLEN.L returned 20.52%/yr vs 16.63%/yr for AZN. At a 0.11 correlation, their price movements are largely independent.
Performance
GLEN.L vs. AZN - Performance Comparison
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Different Trading Currencies
GLEN.L is traded in GBp, while AZN is traded in USD. To make them comparable, the AZN values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, GLEN.L achieves a 48.01% return, which is significantly higher than AZN's 1.79% return. Over the past 10 years, GLEN.L has outperformed AZN with an annualized return of 20.52%, while AZN has yielded a comparatively lower 16.63% annualized return.
GLEN.L
- 1D
- 0.83%
- 1M
- 5.66%
- YTD
- 48.01%
- 6M
- 58.82%
- 1Y
- 111.55%
- 3Y*
- 15.48%
- 5Y*
- 18.96%
- 10Y*
- 20.52%
AZN
- 1D
- -2.40%
- 1M
- 1.44%
- YTD
- 1.79%
- 6M
- 1.36%
- 1Y
- 29.80%
- 3Y*
- 7.39%
- 5Y*
- 13.34%
- 10Y*
- 16.63%
GLEN.L vs. AZN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GLEN.L Glencore plc | 48.01% | 18.34% | -23.37% | -6.11% | 57.13% | 66.99% | -1.00% | -14.47% | -21.89% | 42.98% |
AZN AstraZeneca PLC | 1.79% | 33.09% | 1.12% | -3.63% | 33.30% | 20.79% | 0.09% | 30.52% | 20.61% | 21.59% |
Correlation
The correlation between GLEN.L and AZN is 0.09, 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 | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since May 19, 2011 | 0.11 |
Fundamentals
GLEN.L:
£71.81B
AZN:
$283.40B
GLEN.L:
-£0.10
AZN:
$6.66
GLEN.L:
0.15
AZN:
4.69
GLEN.L:
1.85
AZN:
5.99
GLEN.L:
£479.07B
AZN:
$60.44B
GLEN.L:
£11.90B
AZN:
$49.37B
GLEN.L:
£19.53B
AZN:
$20.47B
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Return for Risk
GLEN.L vs. AZN — Risk / Return Rank
GLEN.L
AZN
GLEN.L vs. AZN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Glencore plc (GLEN.L) and AstraZeneca PLC (AZN). 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.
| GLEN.L | AZN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.36 | ||
| Sortino ratioReturn per unit of downside risk | +2.38 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.23 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 7.87 | 2.00 | +5.87 |
| Martin ratioReturn relative to average drawdown | 25.74 | 5.24 | +20.50 |
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
| GLEN.L | AZN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.57 | 1.21 | +2.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.58 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 0.67 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | 0.54 | -0.46 |
Drawdowns
GLEN.L vs. AZN - Drawdown Comparison
The maximum GLEN.L drawdown since its inception was -86.97%, which is greater than AZN's maximum drawdown of -32.75%. Use the drawdown chart below to compare losses from any high point for GLEN.L and AZN.
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Drawdown Indicators
| GLEN.L | AZN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.97% | -32.75% | -54.22% |
Max Drawdown (1Y)Largest decline over 1 year | -14.09% | -15.03% | +0.94% |
Max Drawdown (3Y)Largest decline over 3 years | -53.56% | -25.73% | -27.83% |
Max Drawdown (5Y)Largest decline over 5 years | -55.24% | -25.73% | -29.51% |
Max Drawdown (10Y)Largest decline over 10 years | -69.99% | -28.56% | -41.43% |
Current DrawdownCurrent decline from peak | -3.24% | -12.00% | +8.76% |
Average DrawdownAverage peak-to-trough decline | -35.07% | -8.23% | -26.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.32% | 5.71% | -1.39% |
Volatility
GLEN.L vs. AZN - Volatility Comparison
Glencore plc (GLEN.L) has a higher volatility of 9.88% compared to AstraZeneca PLC (AZN) at 7.38%. This indicates that GLEN.L's price experiences larger fluctuations and is considered to be riskier than AZN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GLEN.L | AZN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.88% | 7.38% | +2.50% |
Volatility (6M)Calculated over the trailing 6-month period | 22.12% | 17.33% | +4.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.10% | 24.85% | +6.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.27% | 23.13% | +9.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.54% | 24.90% | +10.64% |
Dividends
GLEN.L vs. AZN - Dividend Comparison
GLEN.L's dividend yield for the trailing twelve months is around 1.68%, less than AZN's 2.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AZN AstraZeneca PLC | 2.93% | 1.70% | 2.27% | 2.15% | 2.12% | 2.35% | 2.80% | 2.81% | 3.69% | 3.95% | 5.01% | 4.06% |
GLEN.L Glencore plc | 1.68% | 1.84% | 2.87% | 8.72% | 5.58% | 3.08% | 0.00% | 6.70% | 5.16% | 1.37% | 0.00% | 0.00% |
Financials
GLEN.L vs. AZN - Financials Comparison
This section allows you to compare key financial metrics between Glencore plc and AstraZeneca 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
GLEN.L vs. AZN - Profitability Comparison
GLEN.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Glencore plc reported a gross profit of 3.44B and revenue of 130.73B. Therefore, the gross margin over that period was 2.6%.
AZN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AstraZeneca PLC reported a gross profit of 12.61B and revenue of 15.29B. Therefore, the gross margin over that period was 82.5%.
GLEN.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Glencore plc reported an operating income of 2.18B and revenue of 130.73B, resulting in an operating margin of 1.7%.
AZN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AstraZeneca PLC reported an operating income of 4.25B and revenue of 15.29B, resulting in an operating margin of 27.8%.
GLEN.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Glencore plc reported a net income of 1.02B and revenue of 130.73B, resulting in a net margin of 0.8%.
AZN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AstraZeneca PLC reported a net income of 3.08B and revenue of 15.29B, resulting in a net margin of 20.2%.
Frequently Asked Questions
GLEN.L and AZN have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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