HVRRY vs. RYAAY
HVRRY (Hannover Re) and RYAAY (Ryanair Holdings plc) are both stocks. HVRRY operates in Insurance - Reinsurance (Financial Services), while RYAAY operates in Airlines (Industrials). Over the past 10 years, HVRRY returned 12.58%/yr vs 6.25%/yr for RYAAY. At a 0.30 correlation, their price movements are largely independent.
Performance
HVRRY vs. RYAAY - Performance Comparison
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Returns By Period
In the year-to-date period, HVRRY achieves a -12.88% return, which is significantly higher than RYAAY's -19.12% return. Over the past 10 years, HVRRY has outperformed RYAAY with an annualized return of 12.58%, while RYAAY has yielded a comparatively lower 6.25% 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%
RYAAY
- 1D
- 2.96%
- 1M
- -0.12%
- YTD
- -19.12%
- 6M
- -11.79%
- 1Y
- 2.28%
- 3Y*
- 12.47%
- 5Y*
- 6.25%
- 10Y*
- 6.25%
HVRRY vs. RYAAY - 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% |
RYAAY Ryanair Holdings plc | -19.12% | 69.01% | -16.14% | 78.38% | -26.94% | -6.96% | 25.53% | 22.81% | -31.53% | 25.14% |
Correlation
The correlation between HVRRY and RYAAY 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 | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2007 | 0.30 |
The correlation between HVRRY and RYAAY shifts across timeframes, from 0.17 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.
Fundamentals
HVRRY:
$31.24B
RYAAY:
$30.27B
HVRRY:
$4.06
RYAAY:
$4.08
HVRRY:
10.63
RYAAY:
14.22
HVRRY:
0.32
RYAAY:
0.19
HVRRY:
1.20
RYAAY:
1.98
HVRRY:
2.25
RYAAY:
2.99
HVRRY:
$25.44B
RYAAY:
$15.59B
HVRRY:
$23.95B
RYAAY:
$3.93B
HVRRY:
$9.81B
RYAAY:
$3.84B
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Return for Risk
HVRRY vs. RYAAY — Risk / Return Rank
HVRRY
RYAAY
HVRRY vs. RYAAY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hannover Re (HVRRY) and Ryanair Holdings plc (RYAAY). 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 | RYAAY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.80 | ||
| Sortino ratioReturn per unit of downside risk | -1.34 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.04 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.91 | 0.08 | -0.99 |
| Martin ratioReturn relative to average drawdown | -1.87 | 0.19 | -2.06 |
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 | RYAAY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.74 | 0.07 | -0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.18 | +0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.17 | +0.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.39 | -0.01 |
Drawdowns
HVRRY vs. RYAAY - Drawdown Comparison
The maximum HVRRY drawdown since its inception was -62.80%, smaller than the maximum RYAAY drawdown of -67.68%. Use the drawdown chart below to compare losses from any high point for HVRRY and RYAAY.
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Drawdown Indicators
| HVRRY | RYAAY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.80% | -67.68% | +4.88% |
Max Drawdown (1Y)Largest decline over 1 year | -17.62% | -27.40% | +9.78% |
Max Drawdown (3Y)Largest decline over 3 years | -17.62% | -36.05% | +18.43% |
Max Drawdown (5Y)Largest decline over 5 years | -31.66% | -54.89% | +23.23% |
Max Drawdown (10Y)Largest decline over 10 years | -44.24% | -62.50% | +18.26% |
Current DrawdownCurrent decline from peak | -17.62% | -20.91% | +3.29% |
Average DrawdownAverage peak-to-trough decline | -8.46% | -19.84% | +11.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.56% | 11.78% | -3.22% |
Volatility
HVRRY vs. RYAAY - Volatility Comparison
The current volatility for Hannover Re (HVRRY) is 5.23%, while Ryanair Holdings plc (RYAAY) has a volatility of 11.62%. This indicates that HVRRY experiences smaller price fluctuations and is considered to be less risky than RYAAY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HVRRY | RYAAY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.23% | 11.62% | -6.39% |
Volatility (6M)Calculated over the trailing 6-month period | 16.58% | 28.46% | -11.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.72% | 34.71% | -12.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.13% | 35.38% | -10.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.28% | 36.50% | -10.22% |
Dividends
HVRRY vs. RYAAY - Dividend Comparison
HVRRY's dividend yield for the trailing twelve months is around 5.64%, more than RYAAY's 1.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
RYAAY Ryanair Holdings plc | 1.70% | 1.39% | 2.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 6.27% |
Financials
HVRRY vs. RYAAY - Financials Comparison
This section allows you to compare key financial metrics between Hannover Re and Ryanair Holdings plc. 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. RYAAY - 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%.
RYAAY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ryanair Holdings plc reported a gross profit of -318.76M and revenue of 2.55B. Therefore, the gross margin over that period was -12.5%.
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%.
RYAAY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ryanair Holdings plc reported an operating income of -512.80M and revenue of 2.55B, resulting in an operating margin of -20.1%.
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%.
RYAAY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ryanair Holdings plc reported a net income of -402.00M and revenue of 2.55B, resulting in a net margin of -15.7%.
Frequently Asked Questions
HVRRY and RYAAY 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.
RYAAY has higher volatility (11.62%) compared to HVRRY (5.23%). In terms of maximum drawdown, HVRRY dropped -62.80% vs RYAAY's -67.68%.
RYAAY currently has the higher Sharpe Ratio (0.07 vs -0.74), 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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