HVRRY vs. ABX.TO
HVRRY (Hannover Re) and ABX.TO (Barrick Gold Corporation) are both stocks. HVRRY operates in Insurance - Reinsurance (Financial Services), while ABX.TO operates in Gold (Basic Materials). Over the past 10 years, HVRRY returned 12.58%/yr vs 9.36%/yr for ABX.TO. At a 0.09 correlation, their price movements are largely independent.
Performance
HVRRY vs. ABX.TO - Performance Comparison
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Different Trading Currencies
HVRRY is traded in USD, while ABX.TO is traded in CAD. To make them comparable, the ABX.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, HVRRY achieves a -12.88% return, which is significantly lower than ABX.TO's -9.32% return. Over the past 10 years, HVRRY has outperformed ABX.TO with an annualized return of 12.58%, while ABX.TO has yielded a comparatively lower 9.36% annualized return.
HVRRY
- 1D
- -0.32%
- 1M
- -9.40%
- YTD
- -12.88%
- 6M
- -6.28%
- 1Y
- -15.96%
- 3Y*
- 12.41%
- 5Y*
- 12.50%
- 10Y*
- 12.58%
ABX.TO
- 1D
- -0.99%
- 1M
- -9.18%
- YTD
- -9.32%
- 6M
- -3.25%
- 1Y
- 96.99%
- 3Y*
- 35.14%
- 5Y*
- 13.99%
- 10Y*
- 9.36%
HVRRY vs. ABX.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HVRRY Hannover Re | -12.88% | 29.30% | 7.59% | 24.53% | 11.05% | 20.35% | -16.15% | 48.63% | 10.97% | 21.66% |
ABX.TO Barrick Gold Corporation | -9.32% | 187.00% | -12.13% | 8.23% | -4.75% | -13.94% | 24.68% | 37.48% | -5.29% | -8.71% |
Correlation
The correlation between HVRRY and ABX.TO is 0.05, 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 | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2007 | 0.09 |
Fundamentals
HVRRY:
$31.24B
ABX.TO:
CA$91.34B
HVRRY:
$4.06
ABX.TO:
CA$3.60
HVRRY:
10.63
ABX.TO:
15.16
HVRRY:
0.32
ABX.TO:
0.17
HVRRY:
1.20
ABX.TO:
4.86
HVRRY:
2.25
ABX.TO:
3.34
HVRRY:
$25.44B
ABX.TO:
CA$19.02B
HVRRY:
$23.95B
ABX.TO:
CA$10.15B
HVRRY:
$9.81B
ABX.TO:
CA$12.44B
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Return for Risk
HVRRY vs. ABX.TO — Risk / Return Rank
HVRRY
ABX.TO
HVRRY vs. ABX.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hannover Re (HVRRY) and Barrick Gold Corporation (ABX.TO). 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.
| HVRRY | ABX.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.92 | ||
| Sortino ratioReturn per unit of downside risk | -3.51 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.35 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | -0.91 | 3.34 | -4.24 |
| Martin ratioReturn relative to average drawdown | -1.87 | 8.31 | -10.18 |
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
| HVRRY | ABX.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.74 | 2.18 | -2.92 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.40 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.26 | +0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.07 | +0.32 |
Drawdowns
HVRRY vs. ABX.TO - Drawdown Comparison
The maximum HVRRY drawdown since its inception was -62.80%, smaller than the maximum ABX.TO drawdown of -88.57%. Use the drawdown chart below to compare losses from any high point for HVRRY and ABX.TO.
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Drawdown Indicators
| HVRRY | ABX.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.80% | -88.57% | +25.77% |
Max Drawdown (1Y)Largest decline over 1 year | -17.62% | -29.24% | +11.62% |
Max Drawdown (3Y)Largest decline over 3 years | -17.62% | -29.24% | +11.62% |
Max Drawdown (5Y)Largest decline over 5 years | -31.66% | -46.90% | +15.24% |
Max Drawdown (10Y)Largest decline over 10 years | -44.24% | -57.25% | +13.01% |
Current DrawdownCurrent decline from peak | -17.62% | -25.12% | +7.50% |
Average DrawdownAverage peak-to-trough decline | -8.46% | -48.13% | +39.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.56% | 11.71% | -3.15% |
Volatility
HVRRY vs. ABX.TO - Volatility Comparison
The current volatility for Hannover Re (HVRRY) is 5.23%, while Barrick Gold Corporation (ABX.TO) has a volatility of 16.61%. This indicates that HVRRY experiences smaller price fluctuations and is considered to be less risky than ABX.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HVRRY | ABX.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.23% | 16.61% | -11.38% |
Volatility (6M)Calculated over the trailing 6-month period | 16.58% | 34.09% | -17.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.72% | 44.69% | -22.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.13% | 35.29% | -10.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.28% | 36.47% | -10.19% |
Dividends
HVRRY vs. ABX.TO - Dividend Comparison
HVRRY's dividend yield for the trailing twelve months is around 5.64%, more than ABX.TO's 2.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABX.TO Barrick Gold Corporation | 2.32% | 1.22% | 2.46% | 2.27% | 4.77% | 3.96% | 1.33% | 0.60% | 1.17% | 0.72% | 0.47% | 1.43% |
HVRRY Hannover Re | 5.64% | 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. ABX.TO - Financials Comparison
This section allows you to compare key financial metrics between Hannover Re and Barrick Gold Corporation. 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. ABX.TO - 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%.
ABX.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Barrick Gold Corporation reported a gross profit of 2.97B and revenue of 5.16B. Therefore, the gross margin over that period was 57.5%.
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%.
ABX.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Barrick Gold Corporation reported an operating income of 2.93B and revenue of 5.16B, resulting in an operating margin of 56.7%.
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%.
ABX.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Barrick Gold Corporation reported a net income of 1.58B and revenue of 5.16B, resulting in a net margin of 30.5%.
Frequently Asked Questions
HVRRY and ABX.TO have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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