HVRRY vs. GOOG
HVRRY (Hannover Re) and GOOG (Alphabet Inc) are both stocks. HVRRY operates in Insurance - Reinsurance (Financial Services), while GOOG operates in Internet Content & Information (Communication Services). Over the past 10 years, HVRRY returned 14.80%/yr vs 25.03%/yr for GOOG. Their 0.21 correlation means their historical movements had little consistent relationship.
Performance
HVRRY vs. GOOG - Performance Comparison
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Returns By Period
In the year-to-date period, HVRRY achieves a -3.03% return, which is significantly lower than GOOG's 13.80% return. Over the past 10 years, HVRRY has underperformed GOOG with an annualized return of 14.80%, while GOOG has yielded a comparatively higher 25.03% annualized return.
HVRRY
- 1D
- -0.87%
- 1M
- 1.54%
- 6M
- 6.75%
- YTD
- -3.03%
- 1Y
- -0.93%
- 3Y*
- 14.54%
- 5Y*
- 15.60%
- 10Y*
- 14.80%
- ALL TIME*
- 13.51%
GOOG
- 1D
- 6.88%
- 1M
- 0.13%
- 6M
- 5.49%
- YTD
- 13.80%
- 1Y
- 88.30%
- 3Y*
- 39.73%
- 5Y*
- 21.62%
- 10Y*
- 25.03%
- ALL TIME*
- 22.84%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
GOOG Alphabet Inc | $7.78B | $6.87B | $7.98B |
HVRRY Hannover Re | $628.61K | $878.64K | $1.47M |
HVRRY vs. GOOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HVRRY Hannover Re | -3.03% | 29.30% | 7.59% | 24.53% | 11.05% | 20.35% | -16.15% | 48.63% | 10.97% | 21.66% |
GOOG Alphabet Inc | 13.80% | 65.42% | 35.62% | 58.83% | -38.67% | 65.17% | 31.03% | 29.10% | -1.03% | 35.58% |
Correlation
The correlation between HVRRY and GOOG is 0.10, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.10 |
Correlation (3Y) Balances recent behavior with more history. | 0.10 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.18 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.20 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2014 | 0.21 |
The correlation between HVRRY and GOOG shifts across timeframes, from 0.10 (3 years) to 0.21 (all time), reflecting how their relationship changes across market environments.
Fundamentals
HVRRY:
$34.76B
GOOG:
$4.32T
HVRRY:
€4.09
GOOG:
$19.94
HVRRY:
10.19
GOOG:
17.88
HVRRY:
0.30
GOOG:
0.88
HVRRY:
1.15
GOOG:
9.79
HVRRY:
2.17
GOOG:
7.05
HVRRY:
€25.44B
GOOG:
$445.93B
HVRRY:
€23.95B
GOOG:
$271.59B
HVRRY:
€9.81B
GOOG:
$325.74B
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Return for Risk
HVRRY vs. GOOG — Risk / Return Rank
HVRRY
GOOG
HVRRY vs. GOOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hannover Re (HVRRY) and Alphabet Inc (GOOG). 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 | GOOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.72 | ||
| Sortino ratioReturn per unit of downside risk | -3.61 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.46 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | -0.01 | 4.14 | -4.15 |
| Martin ratioReturn relative to average drawdown | -0.03 | 11.53 | -11.56 |
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Drawdowns
HVRRY vs. GOOG - Drawdown Comparison
The maximum HVRRY drawdown since its inception was -62.80%, which is greater than GOOG's maximum drawdown of -44.60%. Use the drawdown chart below to compare losses from any high point for HVRRY and GOOG.
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Drawdown Indicators
| HVRRY | GOOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.80% | -44.60% | -18.20% |
Max Drawdown (1Y)Largest decline over 1 year | -17.62% | -20.75% | +3.13% |
Max Drawdown (3Y)Largest decline over 3 years | -17.62% | -29.35% | +11.73% |
Max Drawdown (5Y)Largest decline over 5 years | -31.66% | -44.60% | +12.94% |
Max Drawdown (10Y)Largest decline over 10 years | -44.24% | -44.60% | +0.36% |
Current DrawdownCurrent decline from peak | -8.31% | -10.57% | +2.26% |
Average DrawdownAverage peak-to-trough decline | -8.48% | -8.93% | +0.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.21% | 7.44% | +1.77% |
Volatility
HVRRY vs. GOOG - Volatility Comparison
The current volatility for Hannover Re (HVRRY) is 5.18%, while Alphabet Inc (GOOG) has a volatility of 13.08%. This indicates that HVRRY experiences smaller price fluctuations and is considered to be less risky than GOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HVRRY | GOOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.18% | 13.08% | -7.90% |
Volatility (6M)Calculated over the trailing 6-month period | 16.20% | 24.59% | -8.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.63% | 31.77% | -10.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.97% | 31.80% | -6.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.80% | 29.34% | -3.54% |
Dividends
HVRRY vs. GOOG - Dividend Comparison
HVRRY's dividend yield for the trailing twelve months is around 5.07%, more than GOOG's 0.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOOG Alphabet Inc | 0.24% | 0.26% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HVRRY Hannover Re | 5.07% | 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. GOOG - Financials Comparison
This section allows you to compare key financial metrics between Hannover Re and Alphabet 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. GOOG - Profitability Comparison
HVRRY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.
GOOG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Alphabet Inc reported a gross profit of 73.85B and revenue of 119.80B. Therefore, the gross margin over that period was 61.7%.
HVRRY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Hannover Re reported an operating income of 965.32M and revenue of 7.31B, resulting in an operating margin of 13.2%.
GOOG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Alphabet Inc reported an operating income of 40.77B and revenue of 119.80B, resulting in an operating margin of 34.0%.
HVRRY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Hannover Re reported a net income of 722.29M and revenue of 7.31B, resulting in a net margin of 9.9%.
GOOG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Alphabet Inc reported a net income of 112.19B and revenue of 119.80B, resulting in a net margin of 93.7%.
Frequently Asked Questions
HVRRY and GOOG have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GOOG has higher volatility (13.08%) compared to HVRRY (5.18%). In terms of maximum drawdown, HVRRY dropped -62.80% vs GOOG's -44.60%.
GOOG currently has the higher Sharpe Ratio (2.71 vs -0.01), 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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