OLVAS.HE vs. OR.PA

Last updated Jun 4, 2026

OLVAS.HE (Olvi Oyj) and OR.PA (L'Oréal S.A.) are both stocks. Both are in the Consumer Defensive sector — OLVAS.HE in Beverages - Brewers, OR.PA in Household & Personal Products. Over the past 10 years, OLVAS.HE returned 5.09%/yr vs 9.95%/yr for OR.PA. At a 0.11 correlation, their price movements are largely independent.

Performance

OLVAS.HE vs. OR.PA - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Olvi Oyj (OLVAS.HE) and L'Oréal S.A. (OR.PA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OLVAS.HE achieves a 2.81% return, which is significantly lower than OR.PA's 3.04% return. Over the past 10 years, OLVAS.HE has underperformed OR.PA with an annualized return of 5.09%, while OR.PA has yielded a comparatively higher 9.95% annualized return.

OLVAS.HE

• 1D: 0.80%
• 1M: 1.61%
• YTD: 2.81%
• 6M: 6.20%
• 1Y: -5.13%
• 3Y*: 8.87%
• 5Y*: -6.11%
• 10Y*: 5.09%

OR.PA

• 1D: -2.22%
• 1M: 2.99%
• YTD: 3.04%
• 6M: 2.30%
• 1Y: 0.81%
• 3Y*: -1.44%
• 5Y*: 1.31%
• 10Y*: 9.95%

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

OLVAS.HE vs. OR.PA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OLVAS.HE Olvi Oyj	2.81%	11.74%	8.20%	-11.91%	-33.05%	7.92%	20.70%	34.27%	8.57%	9.60%
OR.PA L'Oréal S.A.	3.04%	9.18%	-22.98%	37.01%	-18.84%	35.74%	19.27%	33.32%	10.83%	8.59%

Correlation

The correlation between OLVAS.HE and OR.PA is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.20
Correlation (10Y) Calculated over the trailing 10-year period	0.16
Correlation (All Time) Calculated using the full available price history since Apr 7, 1992	0.11

Return for Risk

OLVAS.HE vs. OR.PA — Risk / Return Rank

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

OLVAS.HE

OLVAS.HE Risk / Return Rank: 28
OLVAS.HE Sharpe Ratio Rank: 29
OLVAS.HE Sortino Ratio Rank: 25
OLVAS.HE Omega Ratio Rank: 25
OLVAS.HE Calmar Ratio Rank: 31
OLVAS.HE Martin Ratio Rank: 30

OR.PA

OR.PA Risk / Return Rank: 39
OR.PA Sharpe Ratio Rank: 42
OR.PA Sortino Ratio Rank: 35
OR.PA Omega Ratio Rank: 35
OR.PA Calmar Ratio Rank: 41
OR.PA Martin Ratio Rank: 41

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.

OLVAS.HE vs. OR.PA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Olvi Oyj (OLVAS.HE) and L'Oréal S.A. (OR.PA). 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.

	OLVAS.HE	OR.PA	Difference
Sharpe ratio: Return per unit of total volatility	-0.28	0.03	-0.32
Sortino ratio: Return per unit of downside risk	-0.27	0.24	-0.51
Omega ratio: Gain probability vs. loss probability	0.97	1.03	-0.06
Calmar ratio: Return relative to maximum drawdown	-0.32	0.05	-0.37
Martin ratio: Return relative to average drawdown	-0.64	0.10	-0.74
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OLVAS.HE vs. OR.PA - Sharpe Ratio Comparison

The current OLVAS.HE Sharpe Ratio is -0.28, which is lower than the OR.PA Sharpe Ratio of 0.03. The chart below compares the historical Sharpe Ratios of OLVAS.HE and OR.PA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	OLVAS.HE	OR.PA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.28	0.03	-0.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.26	0.05	-0.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	0.43	-0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.48	+0.03

Drawdowns

OLVAS.HE vs. OR.PA - Drawdown Comparison

The maximum OLVAS.HE drawdown since its inception was -57.68%, which is greater than OR.PA's maximum drawdown of -51.77%. Use the drawdown chart below to compare losses from any high point for OLVAS.HE and OR.PA.

Drawdown Indicators

	OLVAS.HE	OR.PA	Difference
Max Drawdown Largest peak-to-trough decline	-57.68%	-51.77%	-5.91%
Max Drawdown (1Y) Largest decline over 1 year	-16.39%	-15.20%	-1.19%
Max Drawdown (3Y) Largest decline over 3 years	-19.81%	-29.92%	+10.11%
Max Drawdown (5Y) Largest decline over 5 years	-48.84%	-29.92%	-18.92%
Max Drawdown (10Y) Largest decline over 10 years	-48.84%	-29.92%	-18.92%
Current Drawdown Current decline from peak	-32.50%	-15.83%	-16.67%
Average Drawdown Average peak-to-trough decline	-16.89%	-12.16%	-4.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.40%	8.09%	+0.31%

Volatility

OLVAS.HE vs. OR.PA - Volatility Comparison

The current volatility for Olvi Oyj (OLVAS.HE) is 3.42%, while L'Oréal S.A. (OR.PA) has a volatility of 7.75%. This indicates that OLVAS.HE experiences smaller price fluctuations and is considered to be less risky than OR.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OLVAS.HE	OR.PA	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.42%	7.75%	-4.33%
Volatility (6M) Calculated over the trailing 6-month period	13.17%	19.94%	-6.77%
Volatility (1Y) Calculated over the trailing 1-year period	18.16%	25.79%	-7.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.70%	24.58%	-0.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.40%	22.59%	+0.81%

Dividends

OLVAS.HE vs. OR.PA - Dividend Comparison

OLVAS.HE's dividend yield for the trailing twelve months is around 4.18%, more than OR.PA's 1.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OLVAS.HE Olvi Oyj	4.18%	4.15%	4.11%	4.28%	3.62%	2.15%	2.06%	2.18%	2.54%	2.51%	2.50%	2.93%
OR.PA L'Oréal S.A.	1.94%	1.91%	1.93%	1.33%	1.44%	0.96%	1.24%	1.46%	1.76%	1.78%	1.79%	1.74%

Financials

Frequently Asked Questions

Can I hold both OLVAS.HE and OR.PA in my portfolio?

OLVAS.HE and OR.PA have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.