HVRRY vs. AAPL
HVRRY (Hannover Re) and AAPL (Apple Inc) are both stocks. HVRRY operates in Insurance - Reinsurance (Financial Services), while AAPL operates in Consumer Electronics (Technology). Over the past 10 years, HVRRY returned 13.10%/yr vs 30.17%/yr for AAPL. At a 0.23 correlation, their price movements are largely independent.
Performance
HVRRY vs. AAPL - Performance Comparison
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Returns By Period
In the year-to-date period, HVRRY achieves a -9.43% return, which is significantly lower than AAPL's 9.45% return. Over the past 10 years, HVRRY has underperformed AAPL with an annualized return of 13.10%, while AAPL has yielded a comparatively higher 30.17% annualized return.
HVRRY
- 1D
- 1.38%
- 1M
- -3.70%
- YTD
- -9.43%
- 6M
- -9.91%
- 1Y
- -8.44%
- 3Y*
- 13.24%
- 5Y*
- 14.04%
- 10Y*
- 13.10%
AAPL
- 1D
- -0.34%
- 1M
- -3.82%
- YTD
- 9.45%
- 6M
- 9.81%
- 1Y
- 48.35%
- 3Y*
- 17.28%
- 5Y*
- 17.91%
- 10Y*
- 30.17%
HVRRY vs. AAPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HVRRY Hannover Re | -9.43% | 29.30% | 7.59% | 24.53% | 11.05% | 20.35% | -16.15% | 48.63% | 10.97% | 21.66% |
AAPL Apple Inc | 9.45% | 9.05% | 30.71% | 49.01% | -26.40% | 34.65% | 82.31% | 88.96% | -5.39% | 48.46% |
Correlation
The correlation between HVRRY and AAPL is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2007 | 0.23 |
The correlation between HVRRY and AAPL shifts across timeframes, from 0.13 (3 years) to 0.23 (all time), reflecting how their relationship changes across market environments.
Fundamentals
HVRRY:
$32.47B
AAPL:
$4.39T
HVRRY:
€4.06
AAPL:
$8.24
HVRRY:
9.67
AAPL:
36.06
HVRRY:
0.29
AAPL:
4.74
HVRRY:
1.10
AAPL:
9.79
HVRRY:
2.05
AAPL:
41.19
HVRRY:
€25.44B
AAPL:
$451.44B
HVRRY:
€23.95B
AAPL:
$216.07B
HVRRY:
€9.81B
AAPL:
$153.63B
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Return for Risk
HVRRY vs. AAPL — Risk / Return Rank
HVRRY
AAPL
HVRRY vs. AAPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hannover Re (HVRRY) and Apple Inc (AAPL). 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.
| HVRRY | AAPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.55 | ||
| Sortino ratioReturn per unit of downside risk | -3.45 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.39 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | -0.48 | 3.52 | -4.00 |
| Martin ratioReturn relative to average drawdown | -0.98 | 8.68 | -9.66 |
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Drawdowns
HVRRY vs. AAPL - Drawdown Comparison
The maximum HVRRY drawdown since its inception was -62.80%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for HVRRY and AAPL.
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Drawdown Indicators
| HVRRY | AAPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.80% | -81.80% | +19.00% |
Max Drawdown (1Y)Largest decline over 1 year | -17.62% | -13.80% | -3.82% |
Max Drawdown (3Y)Largest decline over 3 years | -17.62% | -33.36% | +15.74% |
Max Drawdown (5Y)Largest decline over 5 years | -31.66% | -33.36% | +1.70% |
Max Drawdown (10Y)Largest decline over 10 years | -44.24% | -38.52% | -5.72% |
Current DrawdownCurrent decline from peak | -14.36% | -5.77% | -8.59% |
Average DrawdownAverage peak-to-trough decline | -8.48% | -29.58% | +21.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.61% | 5.59% | +3.02% |
Volatility
HVRRY vs. AAPL - Volatility Comparison
The current volatility for Hannover Re (HVRRY) is 5.15%, while Apple Inc (AAPL) has a volatility of 7.01%. This indicates that HVRRY experiences smaller price fluctuations and is considered to be less risky than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HVRRY | AAPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.15% | 7.01% | -1.86% |
Volatility (6M)Calculated over the trailing 6-month period | 16.57% | 16.59% | -0.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.75% | 22.59% | -0.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.14% | 27.52% | -2.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.09% | 28.94% | -2.85% |
Dividends
HVRRY vs. AAPL - Dividend Comparison
HVRRY's dividend yield for the trailing twelve months is around 5.43%, more than AAPL's 0.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 0.35% | 0.38% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% |
HVRRY Hannover Re | 5.43% | 3.19% | 3.10% | 2.75% | 3.15% | 2.92% | 2.75% | 2.19% | 3.27% | 4.55% | 8.64% | 1.19% |
Financials
HVRRY vs. AAPL - Financials Comparison
This section allows you to compare key financial metrics between Hannover Re and Apple Inc. 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
HVRRY vs. AAPL - Profitability Comparison
HVRRY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hannover Re reported a gross profit of 7.31B and revenue of 7.31B. Therefore, the gross margin over that period was 100.0%.
AAPL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Apple Inc reported a gross profit of 54.78B and revenue of 111.18B. Therefore, the gross margin over that period was 49.3%.
HVRRY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hannover Re reported an operating income of 965.32M and revenue of 7.31B, resulting in an operating margin of 13.2%.
AAPL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Apple Inc reported an operating income of 35.89B and revenue of 111.18B, resulting in an operating margin of 32.3%.
HVRRY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hannover Re reported a net income of 722.29M and revenue of 7.31B, resulting in a net margin of 9.9%.
AAPL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Apple Inc reported a net income of 29.58B and revenue of 111.18B, resulting in a net margin of 26.6%.
Frequently Asked Questions
HVRRY and AAPL have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AAPL has higher volatility (7.01%) compared to HVRRY (5.15%). In terms of maximum drawdown, HVRRY dropped -62.80% vs AAPL's -81.80%.
AAPL currently has the higher Sharpe Ratio (2.16 vs -0.39), 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.
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