QBE.AX vs. FJTSY

Last updated Jun 9, 2026

QBE.AX (QBE Insurance Group Limited) and FJTSY (Fujitsu Ltd ADR) are both stocks. QBE.AX operates in Insurance - Property & Casualty (Financial Services), while FJTSY operates in Information Technology Services (Technology). Over the past 10 years, QBE.AX returned 10.85%/yr vs 19.63%/yr for FJTSY. At a 0.04 correlation, their price movements are largely independent.

Performance

QBE.AX vs. FJTSY - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in QBE Insurance Group Limited (QBE.AX) and Fujitsu Ltd ADR (FJTSY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

QBE.AX is traded in AUD, while FJTSY is traded in USD. To make them comparable, the FJTSY values have been converted to AUD using the latest available exchange rates.

Returns By Period

In the year-to-date period, QBE.AX achieves a 19.29% return, which is significantly higher than FJTSY's -23.67% return. Over the past 10 years, QBE.AX has underperformed FJTSY with an annualized return of 10.85%, while FJTSY has yielded a comparatively higher 19.63% annualized return.

QBE.AX

• 1D: 0.88%
• 1M: 2.56%
• YTD: 19.29%
• 6M: 24.68%
• 1Y: 3.06%
• 3Y*: 20.95%
• 5Y*: 19.54%
• 10Y*: 10.85%

FJTSY

• 1D: -0.12%
• 1M: 5.30%
• YTD: -23.67%
• 6M: -20.89%
• 1Y: -15.47%
• 3Y*: 15.92%
• 5Y*: 7.44%
• 10Y*: 19.63%

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

QBE.AX vs. FJTSY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QBE.AX QBE Insurance Group Limited	19.29%	9.85%	35.40%	13.56%	21.37%	34.23%	-31.92%	33.11%	-2.76%	-9.15%
FJTSY Fujitsu Ltd ADR	-23.67%	44.65%	29.31%	12.85%	-17.76%	26.17%	40.91%	50.46%	-2.99%	19.39%

Correlation

The correlation between QBE.AX and FJTSY is -0.03, 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	-0.03
Correlation (3Y) Calculated over the trailing 3-year period	-0.01
Correlation (5Y) Calculated over the trailing 5-year period	0.00
Correlation (10Y) Calculated over the trailing 10-year period	0.02
Correlation (All Time) Calculated using the full available price history since Jul 16, 2007	0.04

Return for Risk

QBE.AX vs. FJTSY — Risk / Return Rank

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

QBE.AX

QBE.AX Risk / Return Rank: 44
QBE.AX Sharpe Ratio Rank: 48
QBE.AX Sortino Ratio Rank: 40
QBE.AX Omega Ratio Rank: 41
QBE.AX Calmar Ratio Rank: 47
QBE.AX Martin Ratio Rank: 47

FJTSY

FJTSY Risk / Return Rank: 35
FJTSY Sharpe Ratio Rank: 36
FJTSY Sortino Ratio Rank: 33
FJTSY Omega Ratio Rank: 33
FJTSY Calmar Ratio Rank: 37
FJTSY Martin Ratio Rank: 35

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.

QBE.AX vs. FJTSY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for QBE Insurance Group Limited (QBE.AX) and Fujitsu Ltd ADR (FJTSY). 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.

	QBE.AX	FJTSY	Difference
Sharpe ratio: Return per unit of total volatility	0.13	-0.33	+0.46
Sortino ratio: Return per unit of downside risk	0.32	-0.22	+0.54
Omega ratio: Gain probability vs. loss probability	1.05	0.97	+0.07
Calmar ratio: Return relative to maximum drawdown	0.17	-0.36	+0.53
Martin ratio: Return relative to average drawdown	0.32	-0.79	+1.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QBE.AX vs. FJTSY - Sharpe Ratio Comparison

The current QBE.AX Sharpe Ratio is 0.13, which is higher than the FJTSY Sharpe Ratio of -0.33. The chart below compares the historical Sharpe Ratios of QBE.AX and FJTSY, 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

	QBE.AX	FJTSY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.13	-0.33	+0.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	0.23	+0.58
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.39	0.64	-0.25
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	0.26	-0.12

Drawdowns

QBE.AX vs. FJTSY - Drawdown Comparison

The maximum QBE.AX drawdown since its inception was -62.58%, which is greater than FJTSY's maximum drawdown of -58.79%. Use the drawdown chart below to compare losses from any high point for QBE.AX and FJTSY.

Drawdown Indicators

	QBE.AX	FJTSY	Difference
Max Drawdown Largest peak-to-trough decline	-62.58%	-58.79%	-3.79%
Max Drawdown (1Y) Largest decline over 1 year	-18.21%	-37.99%	+19.78%
Max Drawdown (3Y) Largest decline over 3 years	-19.06%	-37.99%	+18.93%
Max Drawdown (5Y) Largest decline over 5 years	-19.95%	-39.90%	+19.95%
Max Drawdown (10Y) Largest decline over 10 years	-50.45%	-39.90%	-10.55%
Current Drawdown Current decline from peak	-4.43%	-28.19%	+23.76%
Average Drawdown Average peak-to-trough decline	-35.16%	-19.59%	-15.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.02%	17.44%	-8.42%

Volatility

QBE.AX vs. FJTSY - Volatility Comparison

The current volatility for QBE Insurance Group Limited (QBE.AX) is 6.26%, while Fujitsu Ltd ADR (FJTSY) has a volatility of 13.75%. This indicates that QBE.AX experiences smaller price fluctuations and is considered to be less risky than FJTSY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QBE.AX	FJTSY	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.26%	13.75%	-7.49%
Volatility (6M) Calculated over the trailing 6-month period	14.96%	33.31%	-18.35%
Volatility (1Y) Calculated over the trailing 1-year period	23.64%	41.75%	-18.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.86%	32.00%	-8.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.37%	30.64%	-3.27%

Dividends

QBE.AX vs. FJTSY - Dividend Comparison

QBE.AX's dividend yield for the trailing twelve months is around 4.79%, while FJTSY has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FJTSY Fujitsu Ltd ADR	0.00%	0.36%	0.53%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.63%	1.30%	1.30%
QBE.AX QBE Insurance Group Limited	4.79%	4.75%	3.77%	2.97%	2.08%	0.97%	4.05%	4.11%	2.91%	6.08%	4.47%	3.34%

Financials

Frequently Asked Questions

Can I hold both QBE.AX and FJTSY in my portfolio?

QBE.AX and FJTSY have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.