HVRRY vs. SJ.TO
HVRRY (Hannover Re) and SJ.TO (Stella-Jones Inc.) are both stocks. HVRRY operates in Insurance - Reinsurance (Financial Services), while SJ.TO operates in Lumber & Wood Production (Basic Materials). Over the past 10 years, HVRRY returned 13.83%/yr vs 5.87%/yr for SJ.TO. At a 0.17 correlation, their price movements are largely independent.
Performance
HVRRY vs. SJ.TO - Performance Comparison
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Different Trading Currencies
HVRRY is traded in USD, while SJ.TO is traded in CAD. To make them comparable, the SJ.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 -11.16% return, which is significantly lower than SJ.TO's -5.77% return. Over the past 10 years, HVRRY has outperformed SJ.TO with an annualized return of 13.83%, while SJ.TO has yielded a comparatively lower 5.87% annualized return.
HVRRY
- 1D
- -1.37%
- 1M
- -4.18%
- YTD
- -11.16%
- 6M
- -9.07%
- 1Y
- -11.04%
- 3Y*
- 12.76%
- 5Y*
- 13.16%
- 10Y*
- 13.83%
SJ.TO
- 1D
- 0.76%
- 1M
- 8.31%
- YTD
- -5.77%
- 6M
- -8.01%
- 1Y
- 2.49%
- 3Y*
- 6.77%
- 5Y*
- 10.56%
- 10Y*
- 5.87%
HVRRY vs. SJ.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HVRRY Hannover Re | -11.16% | 29.30% | 7.59% | 24.53% | 11.05% | 20.35% | -16.15% | 48.63% | 10.97% | 21.66% |
SJ.TO Stella-Jones Inc. | -5.77% | 27.33% | -13.70% | 65.25% | 16.37% | -12.11% | 28.35% | 0.14% | -26.86% | 25.51% |
Correlation
The correlation between HVRRY and SJ.TO is -0.04, 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 | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2007 | 0.17 |
The correlation between HVRRY and SJ.TO shifts across timeframes, from -0.04 (1 year) to 0.17 (all time), reflecting how their relationship changes across market environments.
Fundamentals
HVRRY:
$31.85B
SJ.TO:
CA$4.46B
HVRRY:
€4.06
SJ.TO:
CA$5.52
HVRRY:
9.36
SJ.TO:
14.79
HVRRY:
0.28
SJ.TO:
0.93
HVRRY:
1.06
SJ.TO:
1.28
HVRRY:
1.98
SJ.TO:
2.13
HVRRY:
€25.44B
SJ.TO:
CA$3.51B
HVRRY:
€23.95B
SJ.TO:
CA$678.00M
HVRRY:
€9.81B
SJ.TO:
CA$617.00M
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Return for Risk
HVRRY vs. SJ.TO — Risk / Return Rank
HVRRY
SJ.TO
HVRRY vs. SJ.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hannover Re (HVRRY) and Stella-Jones Inc. (SJ.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.
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 | SJ.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.61 | ||
| Sortino ratioReturn per unit of downside risk | -0.93 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.04 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.63 | 0.09 | -0.71 |
| Martin ratioReturn relative to average drawdown | -1.33 | 0.24 | -1.57 |
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Drawdowns
HVRRY vs. SJ.TO - Drawdown Comparison
The maximum HVRRY drawdown since its inception was -62.80%, smaller than the maximum SJ.TO drawdown of -78.70%. Use the drawdown chart below to compare losses from any high point for HVRRY and SJ.TO.
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Drawdown Indicators
| HVRRY | SJ.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.80% | -78.70% | +15.90% |
Max Drawdown (1Y)Largest decline over 1 year | -17.62% | -29.37% | +11.75% |
Max Drawdown (3Y)Largest decline over 3 years | -17.62% | -35.89% | +18.27% |
Max Drawdown (5Y)Largest decline over 5 years | -31.66% | -35.89% | +4.23% |
Max Drawdown (10Y)Largest decline over 10 years | -44.24% | -60.01% | +15.77% |
Current DrawdownCurrent decline from peak | -16.00% | -20.71% | +4.71% |
Average DrawdownAverage peak-to-trough decline | -8.47% | -17.17% | +8.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.34% | 10.38% | -2.04% |
Volatility
HVRRY vs. SJ.TO - Volatility Comparison
The current volatility for Hannover Re (HVRRY) is 5.59%, while Stella-Jones Inc. (SJ.TO) has a volatility of 6.37%. This indicates that HVRRY experiences smaller price fluctuations and is considered to be less risky than SJ.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 | SJ.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.59% | 6.37% | -0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 16.52% | 20.42% | -3.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.64% | 26.40% | -4.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.13% | 27.71% | -2.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.17% | 26.70% | -0.53% |
Dividends
HVRRY vs. SJ.TO - Dividend Comparison
HVRRY's dividend yield for the trailing twelve months is around 5.53%, more than SJ.TO's 1.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HVRRY Hannover Re | 5.53% | 3.19% | 3.10% | 2.75% | 3.15% | 2.92% | 2.75% | 2.19% | 3.27% | 4.55% | 8.64% | 1.19% |
SJ.TO Stella-Jones Inc. | 1.18% | 1.46% | 1.57% | 1.19% | 1.65% | 1.80% | 1.30% | 1.49% | 1.21% | 0.87% | 0.92% | 0.61% |
Financials
HVRRY vs. SJ.TO - Financials Comparison
This section allows you to compare key financial metrics between Hannover Re and Stella-Jones 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. SJ.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%.
SJ.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Stella-Jones Inc. reported a gross profit of 150.00M and revenue of 791.00M. Therefore, the gross margin over that period was 19.0%.
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%.
SJ.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Stella-Jones Inc. reported an operating income of 93.00M and revenue of 791.00M, resulting in an operating margin of 11.8%.
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%.
SJ.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Stella-Jones Inc. reported a net income of 60.00M and revenue of 791.00M, resulting in a net margin of 7.6%.
Frequently Asked Questions
HVRRY and SJ.TO have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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