LLOY.L vs. UL
LLOY.L (Lloyds Banking Group plc) and UL (The Unilever Group) are both stocks. LLOY.L operates in Banks - Regional (Financial Services), while UL operates in Household & Personal Products (Consumer Defensive). Over the past 10 years, LLOY.L returned 8.20%/yr vs 5.13%/yr for UL. At a 0.13 correlation, their price movements are largely independent.
Performance
LLOY.L vs. UL - Performance Comparison
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Different Trading Currencies
LLOY.L is traded in GBp, while UL is traded in USD. To make them comparable, the UL 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 3.29% return, which is significantly higher than UL's -11.90% return. Over the past 10 years, LLOY.L has outperformed UL with an annualized return of 8.20%, while UL has yielded a comparatively lower 5.13% annualized return.
LLOY.L
- 1D
- -0.10%
- 1M
- 0.03%
- YTD
- 3.29%
- 6M
- 6.03%
- 1Y
- 34.00%
- 3Y*
- 36.39%
- 5Y*
- 21.21%
- 10Y*
- 8.20%
UL
- 1D
- -1.14%
- 1M
- -0.94%
- YTD
- -11.90%
- 6M
- -8.53%
- 1Y
- -17.08%
- 3Y*
- 1.43%
- 5Y*
- 0.94%
- 10Y*
- 5.13%
LLOY.L vs. UL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LLOY.L Lloyds Banking Group plc | 3.29% | 88.33% | 21.09% | 10.91% | -0.38% | 34.81% | -41.70% | 27.49% | -20.02% | 11.38% |
UL The Unilever Group | -11.90% | -1.59% | 23.01% | -5.16% | 8.74% | -6.73% | 5.83% | 8.58% | 3.46% | 28.03% |
Correlation
The correlation between LLOY.L and UL is 0.02, 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 | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2007 | 0.13 |
The correlation between LLOY.L and UL shifts across timeframes, from 0.02 (1 year) to 0.13 (all time), reflecting how their relationship changes across market environments.
Fundamentals
LLOY.L:
£58.25B
UL:
$123.13B
LLOY.L:
£0.08
UL:
$5.06
LLOY.L:
11.79
UL:
11.08
LLOY.L:
3.30
UL:
2.17
LLOY.L:
3.05
UL:
1.20
LLOY.L:
1.21
UL:
7.93
LLOY.L:
£19.51B
UL:
$109.27B
LLOY.L:
£19.34B
UL:
$90.89B
LLOY.L:
£7.17B
UL:
$24.12B
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Return for Risk
LLOY.L vs. UL — Risk / Return Rank
LLOY.L
UL
LLOY.L vs. UL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lloyds Banking Group plc (LLOY.L) and The Unilever Group (UL). 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.
| LLOY.L | UL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.05 | ||
| Sortino ratioReturn per unit of downside risk | +2.93 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.87 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 1.72 | -0.70 | +2.42 |
| Martin ratioReturn relative to average drawdown | 4.84 | -1.47 | +6.31 |
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
| LLOY.L | UL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.23 | -0.82 | +2.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.78 | 0.05 | +0.73 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.27 | 0.24 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.02 | 0.39 | -0.36 |
Drawdowns
LLOY.L vs. UL - Drawdown Comparison
The maximum LLOY.L drawdown since its inception was -91.44%, which is greater than UL's maximum drawdown of -34.44%. Use the drawdown chart below to compare losses from any high point for LLOY.L and UL.
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Drawdown Indicators
| LLOY.L | UL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.44% | -34.44% | -57.00% |
Max Drawdown (1Y)Largest decline over 1 year | -19.68% | -24.55% | +4.87% |
Max Drawdown (3Y)Largest decline over 3 years | -19.68% | -24.55% | +4.87% |
Max Drawdown (5Y)Largest decline over 5 years | -25.65% | -24.55% | -1.10% |
Max Drawdown (10Y)Largest decline over 10 years | -64.34% | -31.72% | -32.62% |
Current DrawdownCurrent decline from peak | -9.88% | -22.67% | +12.79% |
Average DrawdownAverage peak-to-trough decline | -52.56% | -9.11% | -43.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.00% | 11.68% | -4.68% |
Volatility
LLOY.L vs. UL - Volatility Comparison
Lloyds Banking Group plc (LLOY.L) has a higher volatility of 8.28% compared to The Unilever Group (UL) at 6.01%. This indicates that LLOY.L's price experiences larger fluctuations and is considered to be riskier than UL 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 | UL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.28% | 6.01% | +2.27% |
Volatility (6M)Calculated over the trailing 6-month period | 20.96% | 17.98% | +2.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.61% | 20.86% | +6.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.16% | 19.94% | +7.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.69% | 21.51% | +9.18% |
Dividends
LLOY.L vs. UL - Dividend Comparison
LLOY.L's dividend yield for the trailing twelve months is around 3.68%, less than UL's 4.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LLOY.L Lloyds Banking Group plc | 3.68% | 3.39% | 5.29% | 5.28% | 4.69% | 2.59% | 0.00% | 5.22% | 6.02% | 2.20% | 2.16% | 2.05% |
UL The Unilever Group | 4.07% | 3.51% | 3.29% | 3.83% | 3.57% | 3.77% | 3.07% | 3.18% | 3.49% | 2.80% | 3.42% | 3.02% |
Financials
LLOY.L vs. UL - Financials Comparison
This section allows you to compare key financial metrics between Lloyds Banking Group plc and The Unilever Group. 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
LLOY.L vs. UL - Profitability Comparison
LLOY.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lloyds Banking Group plc reported a gross profit of 5.18B and revenue of 5.18B. Therefore, the gross margin over that period was 100.0%.
UL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Unilever Group reported a gross profit of 0.00 and revenue of 18.38B. Therefore, the gross margin over that period was 0.0%.
LLOY.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lloyds Banking Group plc reported an operating income of 2.03B and revenue of 5.18B, resulting in an operating margin of 39.1%.
UL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Unilever Group reported an operating income of 4.13B and revenue of 18.38B, resulting in an operating margin of 22.5%.
LLOY.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lloyds Banking Group plc reported a net income of 1.53B and revenue of 5.18B, resulting in a net margin of 29.5%.
UL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Unilever Group reported a net income of 2.56B and revenue of 18.38B, resulting in a net margin of 14.0%.
Frequently Asked Questions
LLOY.L and UL have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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