LYG vs. VOD
LYG (Lloyds Banking Group plc) and VOD (Vodafone Group Plc) are both stocks. LYG operates in Banks - Regional (Financial Services), while VOD operates in Telecom Services (Communication Services). Over the past 10 years, LYG returned 7.45%/yr vs -0.99%/yr for VOD. At a 0.44 correlation, their price movements are largely independent.
Performance
LYG vs. VOD - Performance Comparison
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Returns By Period
In the year-to-date period, LYG achieves a 4.96% return, which is significantly lower than VOD's 14.46% return. Over the past 10 years, LYG has outperformed VOD with an annualized return of 7.45%, while VOD has yielded a comparatively lower -0.99% annualized return.
LYG
- 1D
- 0.18%
- 1M
- 1.31%
- YTD
- 4.96%
- 6M
- 7.60%
- 1Y
- 32.27%
- 3Y*
- 40.62%
- 5Y*
- 20.06%
- 10Y*
- 7.45%
VOD
- 1D
- 1.00%
- 1M
- -6.38%
- YTD
- 14.46%
- 6M
- 22.13%
- 1Y
- 52.31%
- 3Y*
- 25.77%
- 5Y*
- 3.46%
- 10Y*
- -0.99%
LYG vs. VOD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LYG Lloyds Banking Group plc | 4.96% | 103.71% | 20.30% | 14.68% | -9.47% | 33.81% | -40.79% | 36.81% | -28.35% | 30.79% |
VOD Vodafone Group Plc | 14.46% | 63.00% | 5.68% | -4.59% | -27.22% | -3.57% | -9.63% | 5.64% | -34.92% | 38.22% |
Correlation
The correlation between LYG and VOD is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Nov 28, 2001 | 0.44 |
Fundamentals
LYG:
$0.45
VOD:
-$1.92
LYG:
0.94
VOD:
0.46
LYG:
$65.49B
VOD:
$78.20B
LYG:
$65.49B
VOD:
$25.34B
LYG:
$7.17B
VOD:
$25.58B
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Return for Risk
LYG vs. VOD — Risk / Return Rank
LYG
VOD
LYG vs. VOD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lloyds Banking Group plc (LYG) and Vodafone Group Plc (VOD). 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.
| LYG | VOD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.16 | 2.04 | -0.87 |
Sortino ratioReturn per unit of downside risk | 1.72 | 2.56 | -0.84 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.38 | -0.17 |
Calmar ratioReturn relative to maximum drawdown | 1.50 | 5.29 | -3.79 |
Martin ratioReturn relative to average drawdown | 4.26 | 13.01 | -8.75 |
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
| LYG | VOD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.16 | 2.04 | -0.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | 0.13 | +0.50 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.20 | -0.04 | +0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.03 | 0.31 | -0.34 |
Drawdowns
LYG vs. VOD - Drawdown Comparison
The maximum LYG drawdown since its inception was -94.84%, which is greater than VOD's maximum drawdown of -79.32%. Use the drawdown chart below to compare losses from any high point for LYG and VOD.
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Drawdown Indicators
| LYG | VOD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.84% | -79.32% | -15.52% |
Max Drawdown (1Y)Largest decline over 1 year | -22.72% | -10.05% | -12.67% |
Max Drawdown (3Y)Largest decline over 3 years | -22.72% | -20.03% | -2.69% |
Max Drawdown (5Y)Largest decline over 5 years | -40.19% | -49.24% | +9.05% |
Max Drawdown (10Y)Largest decline over 10 years | -68.72% | -62.36% | -6.36% |
Current DrawdownCurrent decline from peak | -56.62% | -19.89% | -36.73% |
Average DrawdownAverage peak-to-trough decline | -63.42% | -32.72% | -30.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.02% | 4.09% | +3.93% |
Volatility
LYG vs. VOD - Volatility Comparison
The current volatility for Lloyds Banking Group plc (LYG) is 10.19%, while Vodafone Group Plc (VOD) has a volatility of 11.80%. This indicates that LYG experiences smaller price fluctuations and is considered to be less risky than VOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LYG | VOD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.19% | 11.80% | -1.61% |
Volatility (6M)Calculated over the trailing 6-month period | 21.64% | 19.78% | +1.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.88% | 25.80% | +2.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.05% | 26.98% | +5.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.51% | 27.89% | +8.62% |
Dividends
LYG vs. VOD - Dividend Comparison
LYG's dividend yield for the trailing twelve months is around 3.67%, more than VOD's 3.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LYG Lloyds Banking Group plc | 3.67% | 3.19% | 5.44% | 5.23% | 4.92% | 2.70% | 0.00% | 5.04% | 6.63% | 6.81% | 5.17% | 2.11% |
VOD Vodafone Group Plc | 3.37% | 3.86% | 8.58% | 11.15% | 9.27% | 7.04% | 6.11% | 4.92% | 8.99% | 5.33% | 12.26% | 6.77% |
Financials
LYG vs. VOD - Financials Comparison
This section allows you to compare key financial metrics between Lloyds Banking Group plc and Vodafone Group Plc. 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. VOD - Profitability Comparison
LYG - 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%.
VOD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Vodafone Group Plc reported a gross profit of 6.44B and revenue of 21.14B. Therefore, the gross margin over that period was 30.5%.
LYG - 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%.
VOD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Vodafone Group Plc reported an operating income of 1.13B and revenue of 21.14B, resulting in an operating margin of 5.3%.
LYG - 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%.
VOD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Vodafone Group Plc reported a net income of -1.24B and revenue of 21.14B, resulting in a net margin of -5.9%.
Frequently Asked Questions
LYG and VOD have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VOD has higher volatility (11.80%) compared to LYG (10.19%). In terms of maximum drawdown, LYG dropped -94.84% vs VOD's -79.32%.
VOD currently has the higher Sharpe Ratio (2.04 vs 1.16), 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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