NG.L vs. ABDN.L
NG.L (National Grid plc) and ABDN.L (Abrdn plc) are both stocks. NG.L operates in Utilities - Regulated Electric (Utilities), while ABDN.L operates in Asset Management (Financial Services). Over the past 10 years, NG.L returned 7.83%/yr vs 3.37%/yr for ABDN.L. At a 0.26 correlation, their price movements are largely independent.
Performance
NG.L vs. ABDN.L - Performance Comparison
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Returns By Period
In the year-to-date period, NG.L achieves a 8.08% return, which is significantly lower than ABDN.L's 19.18% return. Over the past 10 years, NG.L has outperformed ABDN.L with an annualized return of 7.83%, while ABDN.L has yielded a comparatively lower 3.37% annualized return.
NG.L
- 1D
- -1.23%
- 1M
- -3.43%
- YTD
- 8.08%
- 6M
- 8.65%
- 1Y
- 20.62%
- 3Y*
- 12.91%
- 5Y*
- 12.54%
- 10Y*
- 7.83%
ABDN.L
- 1D
- -0.92%
- 1M
- 7.36%
- YTD
- 19.18%
- 6M
- 25.02%
- 1Y
- 38.53%
- 3Y*
- 12.60%
- 5Y*
- 4.96%
- 10Y*
- 3.37%
NG.L vs. ABDN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NG.L National Grid plc | 8.08% | 25.50% | 3.80% | 11.91% | -2.57% | 27.27% | -4.19% | 30.69% | -9.07% | -3.65% |
ABDN.L Abrdn plc | 19.18% | 57.94% | -12.84% | 2.11% | -14.88% | -9.77% | -5.36% | 38.83% | -44.96% | 24.70% |
Correlation
The correlation between NG.L and ABDN.L is 0.04, 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 | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Aug 21, 2006 | 0.26 |
Over the past year, the correlation between NG.L and ABDN.L has dropped to 0.04 - well below their long-term average of 0.26, suggesting their price drivers have been diverging.
Fundamentals
NG.L:
£1.24
ABDN.L:
£0.70
NG.L:
9.72
ABDN.L:
3.39
NG.L:
0.23
ABDN.L:
0.00
NG.L:
1.65
ABDN.L:
0.67
NG.L:
£36.07B
ABDN.L:
£3.20B
NG.L:
£29.59B
ABDN.L:
£3.05B
NG.L:
£14.89B
ABDN.L:
£796.00M
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Return for Risk
NG.L vs. ABDN.L — Risk / Return Rank
NG.L
ABDN.L
NG.L vs. ABDN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for National Grid plc (NG.L) and Abrdn plc (ABDN.L). 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.
| NG.L | ABDN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.26 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | 2.60 | -1.24 |
| Martin ratioReturn relative to average drawdown | 4.16 | 7.62 | -3.46 |
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
| NG.L | ABDN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.04 | 1.34 | -0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.15 | +0.49 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 0.10 | +0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.13 | +0.36 |
Drawdowns
NG.L vs. ABDN.L - Drawdown Comparison
The maximum NG.L drawdown since its inception was -37.82%, smaller than the maximum ABDN.L drawdown of -64.13%. Use the drawdown chart below to compare losses from any high point for NG.L and ABDN.L.
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Drawdown Indicators
| NG.L | ABDN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.82% | -64.13% | +26.31% |
Max Drawdown (1Y)Largest decline over 1 year | -15.14% | -14.76% | -0.38% |
Max Drawdown (3Y)Largest decline over 3 years | -20.16% | -37.10% | +16.94% |
Max Drawdown (5Y)Largest decline over 5 years | -29.57% | -50.49% | +20.92% |
Max Drawdown (10Y)Largest decline over 10 years | -30.48% | -61.82% | +31.34% |
Current DrawdownCurrent decline from peak | -11.88% | -14.50% | +2.62% |
Average DrawdownAverage peak-to-trough decline | -9.19% | -28.92% | +19.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.95% | 5.04% | -0.09% |
Volatility
NG.L vs. ABDN.L - Volatility Comparison
National Grid plc (NG.L) has a higher volatility of 10.52% compared to Abrdn plc (ABDN.L) at 8.11%. This indicates that NG.L's price experiences larger fluctuations and is considered to be riskier than ABDN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NG.L | ABDN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.52% | 8.11% | +2.41% |
Volatility (6M)Calculated over the trailing 6-month period | 17.15% | 23.85% | -6.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.83% | 28.65% | -8.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.40% | 32.62% | -13.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.41% | 33.91% | -13.50% |
Dividends
NG.L vs. ABDN.L - Dividend Comparison
NG.L's dividend yield for the trailing twelve months is around 4.03%, less than ABDN.L's 6.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABDN.L Abrdn plc | 6.18% | 7.10% | 10.34% | 8.17% | 7.71% | 6.06% | 7.68% | 6.58% | 10.54% | 5.33% | 5.78% | 5.12% |
NG.L National Grid plc | 4.03% | 4.14% | 5.79% | 5.39% | 3.85% | 3.47% | 4.89% | 4.91% | 4.53% | 15.43% | 4.97% | 5.01% |
Financials
NG.L vs. ABDN.L - Financials Comparison
This section allows you to compare key financial metrics between National Grid plc and Abrdn 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
Frequently Asked Questions
NG.L and ABDN.L have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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