LYG vs. ING
LYG (Lloyds Banking Group plc) and ING (ING Groep N.V.) are both stocks. Both are in the Financial Services sector — LYG in Banks - Regional, ING in Banks - Diversified. Over the past 10 years, LYG returned 12.99%/yr vs 18.73%/yr for ING. Their 0.63 correlation means they have sometimes moved together and sometimes differently.
Performance
LYG vs. ING - Performance Comparison
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Returns By Period
In the year-to-date period, LYG achieves a 19.27% return, which is significantly lower than ING's 29.55% return. Over the past 10 years, LYG has underperformed ING with an annualized return of 12.99%, while ING has yielded a comparatively higher 18.73% annualized return.
LYG
- 1D
- -1.28%
- 1M
- 1.82%
- 6M
- 5.88%
- YTD
- 19.27%
- 1Y
- 47.19%
- 3Y*
- 47.39%
- 5Y*
- 25.82%
- 10Y*
- 12.99%
- ALL TIME*
- -0.65%
ING
- 1D
- -0.03%
- 1M
- 8.82%
- 6M
- 22.54%
- YTD
- 29.55%
- 1Y
- 62.42%
- 3Y*
- 43.47%
- 5Y*
- 31.75%
- 10Y*
- 18.73%
- ALL TIME*
- 6.01%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $76.55M | $78.41M | $100.20M | |
| $101.57M | $99.91M | $119.79M |
LYG vs. ING - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LYG Lloyds Banking Group plc | 19.27% | 103.71% | 20.30% | 14.68% | -9.47% | 33.81% | -40.79% | 36.81% | -28.35% | 30.79% |
ING ING Groep N.V. | 29.55% | 91.12% | 12.25% | 31.88% | -4.22% | 55.41% | -21.66% | 20.03% | -41.15% | 35.53% |
Correlation
The correlation between LYG and ING is 0.73, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.73 |
Correlation (3Y) Balances recent behavior with more history. | 0.63 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.67 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.66 |
Correlation (All Time) Calculated using the full available price history since Nov 27, 2001 | 0.63 |
The correlation between LYG and ING has been stable across timeframes, ranging from 0.63 to 0.73 - a consistent structural relationship.
Fundamentals
LYG:
$89.56B
ING:
$99.78B
LYG:
£0.34
ING:
€3.06
LYG:
13.54
ING:
9.92
LYG:
6.77
ING:
0.59
LYG:
1.05
ING:
1.64
LYG:
£65.45B
ING:
€40.54B
LYG:
£65.45B
ING:
€39.23B
LYG:
£7.45B
ING:
€9.83B
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Return for Risk
LYG vs. ING — Risk / Return Rank
LYG
ING
LYG vs. ING - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lloyds Banking Group plc (LYG) and ING Groep N.V. (ING). 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.
| LYG | ING | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.33 | ||
| Sortino ratioReturn per unit of downside risk | -0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.35 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.30 | 2.93 | -0.63 |
| Martin ratioReturn relative to average drawdown | 6.18 | 9.57 | -3.39 |
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Drawdowns
LYG vs. ING - Drawdown Comparison
The maximum LYG drawdown since its inception was -94.84%, roughly equal to the maximum ING drawdown of -92.73%. Use the drawdown chart below to compare losses from any high point for LYG and ING.
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Drawdown Indicators
| LYG | ING | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.84% | -92.73% | -2.11% |
Max Drawdown (1Y)Largest decline over 1 year | -22.72% | -19.86% | -2.86% |
Max Drawdown (3Y)Largest decline over 3 years | -22.72% | -19.86% | -2.86% |
Max Drawdown (5Y)Largest decline over 5 years | -40.19% | -43.39% | +3.20% |
Max Drawdown (10Y)Largest decline over 10 years | -68.72% | -75.27% | +6.55% |
Current DrawdownCurrent decline from peak | -50.71% | -0.03% | -50.68% |
Average DrawdownAverage peak-to-trough decline | -63.35% | -45.59% | -17.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.45% | 6.07% | +2.38% |
Volatility
LYG vs. ING - Volatility Comparison
Lloyds Banking Group plc (LYG) and ING Groep N.V. (ING) have volatilities of 10.40% and 10.38%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LYG | ING | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.40% | 10.38% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 24.44% | 23.06% | +1.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.33% | 27.59% | +1.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.12% | 31.28% | +0.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.82% | 34.31% | +0.51% |
Dividends
LYG vs. ING - Dividend Comparison
LYG's dividend yield for the trailing twelve months is around 3.23%, less than ING's 4.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ING ING Groep N.V. | 4.25% | 4.78% | 7.65% | 5.86% | 7.16% | 5.09% | 0.00% | 5.92% | 2.63% | 3.28% | 4.24% | 2.58% |
LYG Lloyds Banking Group plc | 3.23% | 3.19% | 5.44% | 5.23% | 4.92% | 2.70% | 0.00% | 5.04% | 6.63% | 6.81% | 5.17% | 2.11% |
Financials
LYG vs. ING - Financials Comparison
This section allows you to compare key financial metrics between Lloyds Banking Group plc and ING Groep N.V.. 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
LYG vs. ING - Profitability Comparison
LYG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Lloyds Banking Group plc reported a gross profit of 13.84B and revenue of 13.84B. Therefore, the gross margin over that period was 100.0%.
ING - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, ING Groep N.V. reported a gross profit of 22.79B and revenue of 23.07B. Therefore, the gross margin over that period was 98.8%.
LYG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Lloyds Banking Group plc reported an operating income of 2.27B and revenue of 13.84B, resulting in an operating margin of 16.4%.
ING - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, ING Groep N.V. reported an operating income of 2.92B and revenue of 23.07B, resulting in an operating margin of 12.7%.
LYG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Lloyds Banking Group plc reported a net income of 1.53B and revenue of 13.84B, resulting in a net margin of 11.1%.
ING - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, ING Groep N.V. reported a net income of 1.95B and revenue of 23.07B, resulting in a net margin of 8.4%.
Frequently Asked Questions
LYG and ING have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LYG has higher volatility (10.40%) compared to ING (10.38%). In terms of maximum drawdown, LYG dropped -94.84% vs ING's -92.73%.
ING currently has the higher Sharpe Ratio (2.11 vs 1.78), 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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