HSX.L vs. TEN
HSX.L (Hiscox Ltd) and TEN (Tsakos Energy Navigation Ltd) are both stocks. HSX.L operates in Insurance - Property & Casualty (Financial Services), while TEN operates in Oil & Gas Midstream (Energy). Over the past 10 years, HSX.L returned 7.92%/yr vs 8.74%/yr for TEN. At a 0.10 correlation, their price movements are largely independent.
Performance
HSX.L vs. TEN - Performance Comparison
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Different Trading Currencies
HSX.L is traded in GBp, while TEN is traded in USD. To make them comparable, the TEN values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, HSX.L achieves a 32.23% return, which is significantly lower than TEN's 77.95% return. Over the past 10 years, HSX.L has underperformed TEN with an annualized return of 7.92%, while TEN has yielded a comparatively higher 8.74% annualized return.
HSX.L
- 1D
- -0.32%
- 1M
- 5.05%
- 6M
- 34.49%
- YTD
- 32.23%
- 1Y
- 53.72%
- 3Y*
- 22.82%
- 5Y*
- 19.49%
- 10Y*
- 7.92%
TEN
- 1D
- -1.78%
- 1M
- 0.52%
- 6M
- 60.38%
- YTD
- 77.95%
- 1Y
- 102.45%
- 3Y*
- 38.02%
- 5Y*
- 43.92%
- 10Y*
- 8.74%
HSX.L vs. TEN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HSX.L Hiscox Ltd | 32.23% | 35.05% | 5.30% | -0.70% | 30.49% | -12.64% | -30.20% | -10.67% | 12.34% | 46.52% |
TEN Tsakos Energy Navigation Ltd | 77.95% | 26.35% | -14.56% | 33.05% | 166.91% | -7.85% | -62.67% | 62.28% | -24.75% | -20.36% |
Correlation
The correlation between HSX.L and TEN is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.15 |
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 | 0.05 |
Correlation (All Time) Calculated using the full available price history since Aug 16, 2007 | 0.10 |
The correlation between HSX.L and TEN shifts across timeframes, from -0.15 (1 year) to 0.10 (all time), reflecting how their relationship changes across market environments.
Fundamentals
HSX.L:
£5.93B
TEN:
$1.17B
HSX.L:
$3.58
TEN:
$7.08
HSX.L:
6.90
TEN:
5.48
HSX.L:
0.14
TEN:
0.01
HSX.L:
0.98
TEN:
1.36
HSX.L:
2.15
TEN:
0.60
HSX.L:
$8.71B
TEN:
$854.60M
HSX.L:
$8.71B
TEN:
$337.69M
HSX.L:
$489.29M
TEN:
$410.58M
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Return for Risk
HSX.L vs. TEN — Risk / Return Rank
HSX.L
TEN
HSX.L vs. TEN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hiscox Ltd (HSX.L) and Tsakos Energy Navigation Ltd (TEN). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HSX.L | TEN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.79 | ||
| Sortino ratioReturn per unit of downside risk | +0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.41 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 7.00 | 5.28 | +1.72 |
| Martin ratioReturn relative to average drawdown | 15.61 | 14.80 | +0.81 |
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Drawdowns
HSX.L vs. TEN - Drawdown Comparison
The maximum HSX.L drawdown since its inception was -62.28%, smaller than the maximum TEN drawdown of -89.16%. Use the drawdown chart below to compare losses from any high point for HSX.L and TEN.
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Drawdown Indicators
| HSX.L | TEN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.28% | -89.16% | +26.88% |
Max Drawdown (1Y)Largest decline over 1 year | -7.64% | -19.50% | +11.86% |
Max Drawdown (3Y)Largest decline over 3 years | -19.55% | -53.02% | +33.47% |
Max Drawdown (5Y)Largest decline over 5 years | -19.87% | -53.02% | +33.15% |
Max Drawdown (10Y)Largest decline over 10 years | -62.28% | -70.73% | +8.45% |
Current DrawdownCurrent decline from peak | -2.58% | -23.44% | +20.86% |
Average DrawdownAverage peak-to-trough decline | -16.47% | -61.61% | +45.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.43% | 6.99% | -3.56% |
Volatility
HSX.L vs. TEN - Volatility Comparison
The current volatility for Hiscox Ltd (HSX.L) is 4.79%, while Tsakos Energy Navigation Ltd (TEN) has a volatility of 13.06%. This indicates that HSX.L experiences smaller price fluctuations and is considered to be less risky than TEN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HSX.L | TEN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.79% | 13.06% | -8.27% |
Volatility (6M)Calculated over the trailing 6-month period | 20.50% | 27.64% | -7.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.67% | 35.90% | -10.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.23% | 47.36% | -22.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.26% | 49.39% | -20.13% |
Dividends
HSX.L vs. TEN - Dividend Comparison
HSX.L's dividend yield for the trailing twelve months is around 2.02%, less than TEN's 4.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSX.L Hiscox Ltd | 2.02% | 2.31% | 2.74% | 2.79% | 2.63% | 0.97% | 0.00% | 1.87% | 1.38% | 1.51% | 1.74% | 1.50% |
TEN Tsakos Energy Navigation Ltd | 4.12% | 4.91% | 8.65% | 5.85% | 1.48% | 1.38% | 6.23% | 2.29% | 5.64% | 5.12% | 6.18% | 3.03% |
Financials
HSX.L vs. TEN - Financials Comparison
This section allows you to compare key financial metrics between Hiscox Ltd and Tsakos Energy Navigation Ltd. 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
HSX.L vs. TEN - Profitability Comparison
HSX.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Hiscox Ltd reported a gross profit of 3.06B and revenue of 3.06B. Therefore, the gross margin over that period was 100.0%.
TEN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Tsakos Energy Navigation Ltd reported a gross profit of 122.32M and revenue of 252.96M. Therefore, the gross margin over that period was 48.4%.
HSX.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Hiscox Ltd reported an operating income of 458.29M and revenue of 3.06B, resulting in an operating margin of 15.0%.
TEN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Tsakos Energy Navigation Ltd reported an operating income of 109.88M and revenue of 252.96M, resulting in an operating margin of 43.4%.
HSX.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Hiscox Ltd reported a net income of 378.81M and revenue of 3.06B, resulting in a net margin of 12.4%.
TEN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Tsakos Energy Navigation Ltd reported a net income of 88.84M and revenue of 252.96M, resulting in a net margin of 35.1%.
Frequently Asked Questions
HSX.L and TEN have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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