ORANY vs. DTEGY

Last updated Jun 4, 2026

ORANY (Orange S.A) and DTEGY (Deutsche Telekom AG ADR) are both stocks. Both operate in the Telecom Services industry within the Communication Services sector. Over the past 10 years, ORANY returned 7.66%/yr vs 11.21%/yr for DTEGY. A 0.62 correlation means they provide meaningful diversification when combined.

Performance

ORANY vs. DTEGY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Orange S.A (ORANY) and Deutsche Telekom AG ADR (DTEGY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ORANY achieves a 23.19% return, which is significantly higher than DTEGY's 2.38% return. Over the past 10 years, ORANY has underperformed DTEGY with an annualized return of 7.66%, while DTEGY has yielded a comparatively higher 11.21% annualized return.

ORANY

• 1D: 0.15%
• 1M: -0.58%
• YTD: 23.19%
• 6M: 25.06%
• 1Y: 45.57%
• 3Y*: 27.83%
• 5Y*: 17.46%
• 10Y*: 7.66%

DTEGY

• 1D: -3.34%
• 1M: 2.76%
• YTD: 2.38%
• 6M: 5.25%
• 1Y: -12.08%
• 3Y*: 19.10%
• 5Y*: 13.42%
• 10Y*: 11.21%

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

ORANY vs. DTEGY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ORANY Orange S.A	23.19%	79.38%	-7.70%	23.28%	0.00%	-3.50%	-14.18%	-5.31%	-2.39%	20.06%
DTEGY Deutsche Telekom AG ADR	2.38%	12.53%	28.06%	24.40%	16.64%	3.76%	20.51%	0.36%	0.80%	6.79%

Correlation

The correlation between ORANY and DTEGY is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (5Y) Calculated over the trailing 5-year period	0.49
Correlation (10Y) Calculated over the trailing 10-year period	0.55
Correlation (All Time) Calculated using the full available price history since Jun 22, 2010	0.62

Over the past year, the correlation between ORANY and DTEGY has dropped to 0.39 - well below their long-term average of 0.62, suggesting their price drivers have been diverging.

Fundamentals

Market Cap ORANY : $75.14B DTEGY : $156.64B
EPS ORANY : $1.14 DTEGY : $1.82
PE Ratio ORANY : 17.99 DTEGY : 17.83
PEG Ratio ORANY : 0.00 DTEGY : 0.74
PS Ratio ORANY : 0.73 DTEGY : 1.31
PB Ratio ORANY : 2.98 DTEGY : 2.47
Total Revenue (TTM) ORANY : $89.19B DTEGY : $119.87B
Gross Profit (TTM) ORANY : $15.99B DTEGY : $45.11B
EBITDA (TTM) ORANY : $2.29B DTEGY : $49.13B

Return for Risk

ORANY vs. DTEGY — Risk / Return Rank

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

ORANY

ORANY Risk / Return Rank: 88
ORANY Sharpe Ratio Rank: 88
ORANY Sortino Ratio Rank: 87
ORANY Omega Ratio Rank: 85
ORANY Calmar Ratio Rank: 92
ORANY Martin Ratio Rank: 90

DTEGY

DTEGY Risk / Return Rank: 19
DTEGY Sharpe Ratio Rank: 19
DTEGY Sortino Ratio Rank: 18
DTEGY Omega Ratio Rank: 18
DTEGY Calmar Ratio Rank: 20
DTEGY Martin Ratio Rank: 21

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.

ORANY vs. DTEGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Orange S.A (ORANY) and Deutsche Telekom AG ADR (DTEGY). 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.

	ORANY	DTEGY	Difference
Sharpe ratio: Return per unit of total volatility	2.00	-0.51	+2.51
Sortino ratio: Return per unit of downside risk	2.87	-0.56	+3.43
Omega ratio: Gain probability vs. loss probability	1.35	0.93	+0.42
Calmar ratio: Return relative to maximum drawdown	5.08	-0.57	+5.64
Martin ratio: Return relative to average drawdown	12.31	-0.96	+13.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ORANY vs. DTEGY - Sharpe Ratio Comparison

The current ORANY Sharpe Ratio is 2.00, which is higher than the DTEGY Sharpe Ratio of -0.51. The chart below compares the historical Sharpe Ratios of ORANY and DTEGY, 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

	ORANY	DTEGY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.00	-0.51	+2.51
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.90	0.63	+0.27
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.36	0.52	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	0.48	-0.38

Drawdowns

ORANY vs. DTEGY - Drawdown Comparison

The maximum ORANY drawdown since its inception was -96.42%, which is greater than DTEGY's maximum drawdown of -40.18%. Use the drawdown chart below to compare losses from any high point for ORANY and DTEGY.

Drawdown Indicators

	ORANY	DTEGY	Difference
Max Drawdown Largest peak-to-trough decline	-96.42%	-40.18%	-56.24%
Max Drawdown (1Y) Largest decline over 1 year	-9.02%	-21.44%	+12.42%
Max Drawdown (3Y) Largest decline over 3 years	-17.72%	-21.44%	+3.72%
Max Drawdown (5Y) Largest decline over 5 years	-27.73%	-25.85%	-1.88%
Max Drawdown (10Y) Largest decline over 10 years	-38.92%	-40.18%	+1.26%
Current Drawdown Current decline from peak	-54.82%	-16.88%	-37.94%
Average Drawdown Average peak-to-trough decline	-73.64%	-9.81%	-63.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.71%	12.60%	-8.89%

Volatility

ORANY vs. DTEGY - Volatility Comparison

The current volatility for Orange S.A (ORANY) is 6.14%, while Deutsche Telekom AG ADR (DTEGY) has a volatility of 7.35%. This indicates that ORANY experiences smaller price fluctuations and is considered to be less risky than DTEGY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ORANY	DTEGY	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.14%	7.35%	-1.21%
Volatility (6M) Calculated over the trailing 6-month period	17.25%	18.72%	-1.47%
Volatility (1Y) Calculated over the trailing 1-year period	22.93%	24.01%	-1.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.60%	21.38%	-1.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.14%	21.73%	-0.59%

Dividends

ORANY vs. DTEGY - Dividend Comparison

ORANY's dividend yield for the trailing twelve months is around 1.70%, less than DTEGY's 3.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DTEGY Deutsche Telekom AG ADR	3.57%	2.98%	2.70%	3.09%	7.01%	2.67%	5.88%	4.71%	4.52%	3.70%	6.92%	3.19%
ORANY Orange S.A	1.70%	5.15%	7.84%	6.64%	7.42%	8.95%	5.84%	5.33%	5.03%	4.28%	4.41%	4.04%

Financials

ORANY vs. DTEGY - Profitability Comparison

The chart below illustrates the profitability comparison between Orange S.A and Deutsche Telekom AG ADR over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ORANY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Orange S.A reported a gross profit of 4.78B and revenue of 23.96B. Therefore, the gross margin over that period was 19.9%.

DTEGY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Deutsche Telekom AG ADR reported a gross profit of 7.10B and revenue of 30.36B. Therefore, the gross margin over that period was 23.4%.

ORANY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Orange S.A reported an operating income of 3.19B and revenue of 23.96B, resulting in an operating margin of 13.3%.

DTEGY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Deutsche Telekom AG ADR reported an operating income of 6.62B and revenue of 30.36B, resulting in an operating margin of 21.8%.

ORANY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Orange S.A reported a net income of 1.50B and revenue of 23.96B, resulting in a net margin of 6.3%.

DTEGY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Deutsche Telekom AG ADR reported a net income of 2.08B and revenue of 30.36B, resulting in a net margin of 6.8%.

Frequently Asked Questions

Can I hold both ORANY and DTEGY in my portfolio?

ORANY and DTEGY have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ORANY or DTEGY?

DTEGY has higher volatility (7.35%) compared to ORANY (6.14%). In terms of maximum drawdown, ORANY dropped -96.42% vs DTEGY's -40.18%.

Which has better risk-adjusted returns?

ORANY currently has the higher Sharpe Ratio (2.00 vs -0.51), 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.