LLOY.L vs. TUR
LLOY.L (Lloyds Banking Group plc) is a stock, while TUR (iShares MSCI Turkey ETF) is Emerging Markets Equities fund tracking the MSCI Turkey Investable Market Index. Over the past 10 years, LLOY.L returned 8.92%/yr vs 4.02%/yr for TUR. At a 0.18 correlation, their price movements are largely independent.
Performance
LLOY.L vs. TUR - Performance Comparison
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Different Trading Currencies
LLOY.L is traded in GBp, while TUR is traded in USD. To make them comparable, the TUR values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, LLOY.L achieves a 7.04% return, which is significantly lower than TUR's 18.63% return. Over the past 10 years, LLOY.L has outperformed TUR with an annualized return of 8.92%, while TUR has yielded a comparatively lower 4.02% annualized return.
LLOY.L
- 1D
- 0.29%
- 1M
- 9.13%
- YTD
- 7.04%
- 6M
- 10.52%
- 1Y
- 39.62%
- 3Y*
- 38.24%
- 5Y*
- 22.35%
- 10Y*
- 8.92%
TUR
- 1D
- 2.95%
- 1M
- -2.16%
- YTD
- 18.63%
- 6M
- 16.06%
- 1Y
- 37.22%
- 3Y*
- 11.80%
- 5Y*
- 16.47%
- 10Y*
- 4.02%
LLOY.L vs. TUR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LLOY.L Lloyds Banking Group plc | 7.04% | 88.33% | 21.09% | 10.91% | -0.38% | 34.81% | -41.70% | 27.49% | -20.02% | 11.38% |
TUR iShares MSCI Turkey ETF | 18.63% | -8.55% | 14.89% | -13.38% | 130.21% | -26.72% | -4.09% | 10.13% | -37.99% | 25.69% |
Correlation
The correlation between LLOY.L and TUR is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2008 | 0.18 |
The correlation between LLOY.L and TUR shifts across timeframes, from 0.08 (10 years) to 0.20 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
LLOY.L vs. TUR — Risk / Return Rank
LLOY.L
TUR
LLOY.L vs. TUR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lloyds Banking Group plc (LLOY.L) and iShares MSCI Turkey ETF (TUR). 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.
| LLOY.L | TUR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.29 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.00 | 2.50 | -0.49 |
| Martin ratioReturn relative to average drawdown | 5.54 | 7.50 | -1.95 |
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Drawdowns
LLOY.L vs. TUR - Drawdown Comparison
The maximum LLOY.L drawdown since its inception was -91.44%, which is greater than TUR's maximum drawdown of -68.02%. Use the drawdown chart below to compare losses from any high point for LLOY.L and TUR.
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Drawdown Indicators
| LLOY.L | TUR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.44% | -68.02% | -23.42% |
Max Drawdown (1Y)Largest decline over 1 year | -19.68% | -14.97% | -4.71% |
Max Drawdown (3Y)Largest decline over 3 years | -19.68% | -35.05% | +15.37% |
Max Drawdown (5Y)Largest decline over 5 years | -25.65% | -35.05% | +9.40% |
Max Drawdown (10Y)Largest decline over 10 years | -64.34% | -59.94% | -4.40% |
Current DrawdownCurrent decline from peak | -6.61% | -15.58% | +8.97% |
Average DrawdownAverage peak-to-trough decline | -52.56% | -34.35% | -18.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.12% | 4.98% | +2.14% |
Volatility
LLOY.L vs. TUR - Volatility Comparison
The current volatility for Lloyds Banking Group plc (LLOY.L) is 7.85%, while iShares MSCI Turkey ETF (TUR) has a volatility of 14.20%. This indicates that LLOY.L experiences smaller price fluctuations and is considered to be less risky than TUR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LLOY.L | TUR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.85% | 14.20% | -6.35% |
Volatility (6M)Calculated over the trailing 6-month period | 21.31% | 19.45% | +1.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.89% | 25.02% | +2.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.22% | 34.11% | -6.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.65% | 34.32% | -3.67% |
Dividends
LLOY.L vs. TUR - Dividend Comparison
LLOY.L's dividend yield for the trailing twelve months is around 3.56%, more than TUR's 3.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LLOY.L Lloyds Banking Group plc | 3.56% | 3.39% | 5.29% | 5.28% | 4.69% | 2.59% | 0.00% | 5.22% | 6.02% | 2.20% | 2.16% | 2.05% |
TUR iShares MSCI Turkey ETF | 3.25% | 2.40% | 1.79% | 4.43% | 1.97% | 4.22% | 0.87% | 3.29% | 4.05% | 2.64% | 2.89% | 3.04% |
Frequently Asked Questions
LLOY.L and TUR have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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