HVRRY vs. MA
HVRRY (Hannover Re) and MA (Mastercard Incorporated) are both stocks. Both are in the Financial Services sector — HVRRY in Insurance - Reinsurance, MA in Credit Services. Over the past 10 years, HVRRY returned 13.10%/yr vs 18.83%/yr for MA. At a 0.28 correlation, their price movements are largely independent.
Performance
HVRRY vs. MA - Performance Comparison
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Returns By Period
In the year-to-date period, HVRRY achieves a -9.43% return, which is significantly higher than MA's -14.93% return. Over the past 10 years, HVRRY has underperformed MA with an annualized return of 13.10%, while MA has yielded a comparatively higher 18.83% 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%
MA
- 1D
- -1.16%
- 1M
- -2.90%
- YTD
- -14.93%
- 6M
- -15.64%
- 1Y
- -8.63%
- 3Y*
- 9.06%
- 5Y*
- 5.85%
- 10Y*
- 18.83%
HVRRY vs. MA - 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% |
MA Mastercard Incorporated | -14.93% | 9.04% | 24.17% | 23.40% | -2.66% | 1.16% | 20.19% | 59.16% | 25.31% | 47.69% |
Correlation
The correlation between HVRRY and MA is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2007 | 0.28 |
The correlation between HVRRY and MA shifts across timeframes, from 0.11 (1 year) to 0.28 (all time), reflecting how their relationship changes across market environments.
Fundamentals
HVRRY:
$32.47B
MA:
$432.29B
HVRRY:
€4.06
MA:
$17.28
HVRRY:
9.67
MA:
28.02
HVRRY:
0.29
MA:
1.63
HVRRY:
1.10
MA:
12.86
HVRRY:
2.05
MA:
64.31
HVRRY:
€25.44B
MA:
$33.94B
HVRRY:
€23.95B
MA:
$26.70B
HVRRY:
€9.81B
MA:
$21.23B
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Return for Risk
HVRRY vs. MA — Risk / Return Rank
HVRRY
MA
HVRRY vs. MA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hannover Re (HVRRY) and Mastercard Incorporated (MA). 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 | MA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 0.95 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.48 | -0.41 | -0.07 |
| Martin ratioReturn relative to average drawdown | -0.98 | -0.82 | -0.16 |
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Drawdowns
HVRRY vs. MA - Drawdown Comparison
The maximum HVRRY drawdown since its inception was -62.80%, roughly equal to the maximum MA drawdown of -62.67%. Use the drawdown chart below to compare losses from any high point for HVRRY and MA.
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Drawdown Indicators
| HVRRY | MA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.80% | -62.67% | -0.13% |
Max Drawdown (1Y)Largest decline over 1 year | -17.62% | -20.91% | +3.29% |
Max Drawdown (3Y)Largest decline over 3 years | -17.62% | -20.91% | +3.29% |
Max Drawdown (5Y)Largest decline over 5 years | -31.66% | -28.25% | -3.41% |
Max Drawdown (10Y)Largest decline over 10 years | -44.24% | -41.00% | -3.24% |
Current DrawdownCurrent decline from peak | -14.36% | -18.81% | +4.45% |
Average DrawdownAverage peak-to-trough decline | -8.48% | -9.83% | +1.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.61% | 10.58% | -1.97% |
Volatility
HVRRY vs. MA - Volatility Comparison
The current volatility for Hannover Re (HVRRY) is 5.15%, while Mastercard Incorporated (MA) has a volatility of 6.56%. This indicates that HVRRY experiences smaller price fluctuations and is considered to be less risky than MA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HVRRY | MA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.15% | 6.56% | -1.41% |
Volatility (6M)Calculated over the trailing 6-month period | 16.57% | 17.09% | -0.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.75% | 21.39% | +0.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.14% | 24.04% | +1.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.09% | 26.94% | -0.85% |
Dividends
HVRRY vs. MA - Dividend Comparison
HVRRY's dividend yield for the trailing twelve months is around 5.43%, more than MA's 0.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
MA Mastercard Incorporated | 0.67% | 0.53% | 0.50% | 0.53% | 0.56% | 0.49% | 0.45% | 0.44% | 0.53% | 0.58% | 0.74% | 0.66% |
Financials
HVRRY vs. MA - Financials Comparison
This section allows you to compare key financial metrics between Hannover Re and Mastercard Incorporated. 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. MA - 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%.
MA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mastercard Incorporated reported a gross profit of 4.91B and revenue of 8.40B. Therefore, the gross margin over that period was 58.4%.
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%.
MA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mastercard Incorporated reported an operating income of 4.91B and revenue of 8.40B, resulting in an operating margin of 58.4%.
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%.
MA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mastercard Incorporated reported a net income of 3.88B and revenue of 8.40B, resulting in a net margin of 46.2%.
Frequently Asked Questions
HVRRY and MA have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MA has higher volatility (6.56%) compared to HVRRY (5.15%). In terms of maximum drawdown, HVRRY dropped -62.80% vs MA's -62.67%.
HVRRY currently has the higher Sharpe Ratio (-0.39 vs -0.41), 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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