LYG vs. VOD

Last updated Apr 2, 2026

Compare and contrast key facts about Lloyds Banking Group plc (LYG) and Vodafone Group Plc (VOD).

Performance

LYG vs. VOD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lloyds Banking Group plc (LYG) and Vodafone Group Plc (VOD). The values are adjusted to include any dividend payments, if applicable.

LYG vs. VOD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LYG Lloyds Banking Group plc	-1.51%	103.71%	20.30%	14.68%	-9.47%	33.81%	-40.79%	36.81%	-28.35%	30.79%
VOD Vodafone Group Plc	14.53%	63.00%	5.68%	-4.59%	-27.22%	-3.57%	-9.63%	5.64%	-34.92%	38.22%

Fundamentals

Market Cap LYG : $78.03B VOD : $37.28B
EPS LYG : $0.31 VOD : -$0.75
PS Ratio LYG : 1.21 VOD : 0.52
PB Ratio LYG : 1.86 VOD : 0.71
Total Revenue (TTM) LYG : $65.00B VOD : $71.84B
Gross Profit (TTM) LYG : $65.00B VOD : $24.50B
EBITDA (TTM) LYG : $6.66B VOD : $26.39B

Returns By Period

In the year-to-date period, LYG achieves a -1.51% return, which is significantly lower than VOD's 14.53% return. Over the past 10 years, LYG has outperformed VOD with an annualized return of 7.63%, while VOD has yielded a comparatively lower -0.35% annualized return.

LYG

• 1D: 3.78%
• 1M: -4.57%
• YTD: -1.51%
• 6M: 15.49%
• 1Y: 43.24%
• 3Y*: 37.94%
• 5Y*: 22.84%
• 10Y*: 7.63%

VOD

• 1D: 0.73%
• 1M: -0.33%
• YTD: 14.53%
• 6M: 34.06%
• 1Y: 70.99%
• 3Y*: 19.94%
• 5Y*: 3.06%
• 10Y*: -0.35%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

LYG vs. VOD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LYG

LYG Risk / Return Rank: 79
LYG Sharpe Ratio Rank: 83
LYG Sortino Ratio Rank: 77
LYG Omega Ratio Rank: 77
LYG Calmar Ratio Rank: 75
LYG Martin Ratio Rank: 82

VOD

VOD Risk / Return Rank: 94
VOD Sharpe Ratio Rank: 94
VOD Sortino Ratio Rank: 92
VOD Omega Ratio Rank: 94
VOD Calmar Ratio Rank: 94
VOD Martin Ratio Rank: 95

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.

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 ratio Return per unit of total volatility	1.49	2.57	-1.08
Sortino ratio Return per unit of downside risk	1.99	3.16	-1.17
Omega ratio Gain probability vs. loss probability	1.27	1.47	-0.20
Calmar ratio Return relative to maximum drawdown	1.89	5.49	-3.61
Martin ratio Return relative to average drawdown	6.59	17.09	-10.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LYG vs. VOD - Sharpe Ratio Comparison

The current LYG Sharpe Ratio is 1.49, which is lower than the VOD Sharpe Ratio of 2.57. The chart below compares the historical Sharpe Ratios of LYG and VOD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LYG	VOD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.49	2.57	-1.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	0.11	+0.61
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.21	-0.01	+0.22
Sharpe Ratio (All Time) Calculated using the full available price history	-0.03	0.31	-0.35

Correlation

The correlation between LYG and VOD is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

LYG vs. VOD - Dividend Comparison

LYG's dividend yield for the trailing twelve months is around 3.24%, less than VOD's 3.37% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LYG Lloyds Banking Group plc	3.24%	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%

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.

Drawdown Indicators

	LYG	VOD	Difference
Max Drawdown Largest peak-to-trough decline	-94.84%	-79.32%	-15.52%
Max Drawdown (1Y) Largest decline over 1 year	-22.72%	-12.59%	-10.13%
Max Drawdown (5Y) Largest decline over 5 years	-40.19%	-49.49%	+9.30%
Max Drawdown (10Y) Largest decline over 10 years	-68.72%	-62.36%	-6.36%
Current Drawdown Current decline from peak	-59.30%	-19.84%	-39.46%
Average Drawdown Average peak-to-trough decline	-63.47%	-32.78%	-30.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.50%	4.05%	+2.45%

Volatility

LYG vs. VOD - Volatility Comparison

Lloyds Banking Group plc (LYG) has a higher volatility of 10.94% compared to Vodafone Group Plc (VOD) at 5.76%. This indicates that LYG's price experiences larger fluctuations and is considered to be riskier than VOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LYG	VOD	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.94%	5.76%	+5.18%
Volatility (6M) Calculated over the trailing 6-month period	20.13%	19.50%	+0.63%
Volatility (1Y) Calculated over the trailing 1-year period	29.18%	27.76%	+1.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.87%	26.79%	+5.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.47%	27.69%	+8.78%

Financials

LYG vs. VOD - Profitability Comparison

The chart below illustrates the profitability comparison between Lloyds Banking Group plc and Vodafone Group Plc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

LYG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Lloyds Banking Group plc reported a gross profit of 50.75B and revenue of 50.75B. 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 Apr 2026, Vodafone Group Plc reported a gross profit of 6.38B and revenue of 19.61B. Therefore, the gross margin over that period was 32.5%.

LYG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Lloyds Banking Group plc reported an operating income of 1.98B and revenue of 50.75B, resulting in an operating margin of 3.9%.

VOD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Vodafone Group Plc reported an operating income of 2.16B and revenue of 19.61B, resulting in an operating margin of 11.0%.

LYG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Lloyds Banking Group plc reported a net income of 1.27B and revenue of 50.75B, resulting in a net margin of 2.5%.

VOD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Vodafone Group Plc reported a net income of 829.00M and revenue of 19.61B, resulting in a net margin of 4.2%.