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JBH.AX vs. TLX.AX
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

JBH.AX vs. TLX.AX

Last updated Jun 4, 2026

JBH.AX (JB Hi-Fi Limited) and TLX.AX (Telix Pharmaceuticals Limited) are both stocks. JBH.AX operates in Specialty Retail (Consumer Cyclical), while TLX.AX operates in Biotechnology (Healthcare). Over the past 5 years, JBH.AX returned 13.21%/yr vs 21.17%/yr for TLX.AX. At a 0.17 correlation, their price movements are largely independent.

Performance

JBH.AX vs. TLX.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in JB Hi-Fi Limited (JBH.AX) and Telix Pharmaceuticals Limited (TLX.AX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, JBH.AX achieves a -26.57% return, which is significantly lower than TLX.AX's 8.93% return.

JBH.AX

1D
-3.04%
1M
-12.35%
YTD
-26.57%
6M
-27.98%
1Y
-34.65%
3Y*
22.94%
5Y*
13.21%
10Y*
17.83%

TLX.AX

1D
-3.40%
1M
-21.79%
YTD
8.93%
6M
-14.57%
1Y
-53.18%
3Y*
4.08%
5Y*
21.17%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

JBH.AX vs. TLX.AX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
JBH.AX
JB Hi-Fi Limited		-26.57%7.51%83.49%35.49%-7.18%5.66%34.53%79.82%-6.73%10.89%
TLX.AX
Telix Pharmaceuticals Limited		8.93%-54.49%144.15%38.65%-6.19%105.03%143.87%138.46%4.84%-19.48%

Correlation

The correlation between JBH.AX and TLX.AX is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.23

Correlation (3Y)
Calculated over the trailing 3-year period

0.21

Correlation (5Y)
Calculated over the trailing 5-year period

0.22

Correlation (All Time)
Calculated using the full available price history since Nov 16, 2017

0.17

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JB Hi-Fi Limited

Telix Pharmaceuticals Limited

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Return for Risk

JBH.AX vs. TLX.AX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
JBH.AX
JBH.AX Risk / Return Rank: 55
Overall Rank
JBH.AX Sharpe Ratio Rank: 22
Sharpe Ratio Rank
JBH.AX Sortino Ratio Rank: 44
Sortino Ratio Rank
JBH.AX Omega Ratio Rank: 55
Omega Ratio Rank
JBH.AX Calmar Ratio Rank: 99
Calmar Ratio Rank
JBH.AX Martin Ratio Rank: 66
Martin Ratio Rank
TLX.AX
TLX.AX Risk / Return Rank: 1010
Overall Rank
TLX.AX Sharpe Ratio Rank: 66
Sharpe Ratio Rank
TLX.AX Sortino Ratio Rank: 66
Sortino Ratio Rank
TLX.AX Omega Ratio Rank: 88
Omega Ratio Rank
TLX.AX Calmar Ratio Rank: 1212
Calmar Ratio Rank
TLX.AX Martin Ratio Rank: 1616
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JBH.AX vs. TLX.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JB Hi-Fi Limited (JBH.AX) and Telix Pharmaceuticals Limited (TLX.AX). 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.

JBH.AXTLX.AXDifference
Sharpe ratioReturn per unit of total volatility
-1.19
-0.92

-0.28

Sortino ratioReturn per unit of downside risk
-1.78
-1.41

-0.36

Omega ratioGain probability vs. loss probability

0.79

0.83

-0.04

Calmar ratioReturn relative to maximum drawdown

-0.84

-0.77

-0.06

Martin ratioReturn relative to average drawdown

-1.48

-1.14

-0.34

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JBH.AX vs. TLX.AX - Sharpe Ratio Comparison

The current JBH.AX Sharpe Ratio is -1.19, which is lower than the TLX.AX Sharpe Ratio of -0.92. The chart below compares the historical Sharpe Ratios of JBH.AX and TLX.AX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

JBH.AXTLX.AXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-1.19

-0.92

-0.28

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.50

0.38

+0.12

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.61

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.66

0.66

-0.01

Drawdowns

JBH.AX vs. TLX.AX - Drawdown Comparison

The maximum JBH.AX drawdown since its inception was -62.19%, smaller than the maximum TLX.AX drawdown of -72.29%. Use the drawdown chart below to compare losses from any high point for JBH.AX and TLX.AX.

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Drawdown Indicators

JBH.AXTLX.AXDifference

Max Drawdown

Largest peak-to-trough decline

-62.19%

-72.29%

+10.10%

Max Drawdown (1Y)

Largest decline over 1 year

-41.12%

-68.27%

+27.15%

Max Drawdown (3Y)

Largest decline over 3 years

-41.12%

-72.29%

+31.17%

Max Drawdown (5Y)

Largest decline over 5 years

-41.12%

-72.29%

+31.17%

Max Drawdown (10Y)

Largest decline over 10 years

-46.16%

—

—

Current Drawdown

Current decline from peak

-41.12%

-60.82%

+19.70%

Average Drawdown

Average peak-to-trough decline

-14.79%

-20.47%

+5.68%

Ulcer Index

Depth and duration of drawdowns from previous peaks

23.29%

44.28%

-20.99%

Volatility

JBH.AX vs. TLX.AX - Volatility Comparison

JB Hi-Fi Limited (JBH.AX) has a higher volatility of 11.09% compared to Telix Pharmaceuticals Limited (TLX.AX) at 10.21%. This indicates that JBH.AX's price experiences larger fluctuations and is considered to be riskier than TLX.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

JBH.AXTLX.AXDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.09%

10.21%

+0.88%

Volatility (6M)

Calculated over the trailing 6-month period

22.88%

40.24%

-17.36%

Volatility (1Y)

Calculated over the trailing 1-year period

28.98%

57.76%

-28.78%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

26.48%

56.13%

-29.65%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.07%

57.28%

-28.21%

Dividends

JBH.AX vs. TLX.AX - Dividend Comparison

JBH.AX's dividend yield for the trailing twelve months is around 6.02%, while TLX.AX has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
JBH.AX
JB Hi-Fi Limited		6.02%3.90%3.68%5.88%7.53%5.94%3.89%3.77%5.96%4.73%3.52%4.61%
TLX.AX
Telix Pharmaceuticals Limited		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Financials

JBH.AX vs. TLX.AX - Financials Comparison

This section allows you to compare key financial metrics between JB Hi-Fi Limited and Telix Pharmaceuticals Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.

Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities

Values in AUD except per share items

Frequently Asked Questions

JBH.AX and TLX.AX have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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