SHELL.AS vs. REN.AS
SHELL.AS (Shell plc) and REN.AS (Relx PLC) are both stocks. SHELL.AS operates in Oil & Gas Integrated (Energy), while REN.AS operates in Specialty Business Services (Industrials). Over the past 10 years, SHELL.AS returned 10.88%/yr vs 9.77%/yr for REN.AS. At a 0.24 correlation, their price movements are largely independent.
Performance
SHELL.AS vs. REN.AS - Performance Comparison
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Returns By Period
In the year-to-date period, SHELL.AS achieves a 20.76% return, which is significantly higher than REN.AS's -15.11% return. Over the past 10 years, SHELL.AS has outperformed REN.AS with an annualized return of 10.88%, while REN.AS has yielded a comparatively lower 9.77% annualized return.
SHELL.AS
- 1D
- -1.61%
- 1M
- 3.67%
- YTD
- 20.76%
- 6M
- 23.83%
- 1Y
- 25.49%
- 3Y*
- 15.85%
- 5Y*
- 23.67%
- 10Y*
- 10.88%
REN.AS
- 1D
- 0.91%
- 1M
- 7.20%
- YTD
- -15.11%
- 6M
- -14.07%
- 1Y
- -35.66%
- 3Y*
- 0.59%
- 5Y*
- 7.47%
- 10Y*
- 9.77%
SHELL.AS vs. REN.AS - Yearly Performance Comparison
Correlation
The correlation between SHELL.AS and REN.AS is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Nov 29, 2006 | 0.24 |
The correlation between SHELL.AS and REN.AS shifts across timeframes, from -0.01 (1 year) to 0.24 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SHELL.AS vs. REN.AS — Risk / Return Rank
SHELL.AS
REN.AS
SHELL.AS vs. REN.AS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Shell plc (SHELL.AS) and Relx PLC (REN.AS). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SHELL.AS | REN.AS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.31 | ||
| Sortino ratioReturn per unit of downside risk | +3.19 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 0.79 | +0.43 |
| Calmar ratioReturn relative to maximum drawdown | 2.00 | -0.72 | +2.72 |
| Martin ratioReturn relative to average drawdown | 5.23 | -1.34 | +6.56 |
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Drawdowns
SHELL.AS vs. REN.AS - Drawdown Comparison
The maximum SHELL.AS drawdown since its inception was -66.39%, which is greater than REN.AS's maximum drawdown of -52.14%. Use the drawdown chart below to compare losses from any high point for SHELL.AS and REN.AS.
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Drawdown Indicators
| SHELL.AS | REN.AS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.39% | -52.14% | -14.25% |
Max Drawdown (1Y)Largest decline over 1 year | -12.58% | -49.28% | +36.70% |
Max Drawdown (3Y)Largest decline over 3 years | -21.48% | -52.14% | +30.66% |
Max Drawdown (5Y)Largest decline over 5 years | -21.48% | -52.14% | +30.66% |
Max Drawdown (10Y)Largest decline over 10 years | -66.39% | -52.14% | -14.25% |
Current DrawdownCurrent decline from peak | -8.30% | -39.73% | +31.43% |
Average DrawdownAverage peak-to-trough decline | -15.23% | -13.10% | -2.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.84% | 26.59% | -21.75% |
Volatility
SHELL.AS vs. REN.AS - Volatility Comparison
The current volatility for Shell plc (SHELL.AS) is 6.77%, while Relx PLC (REN.AS) has a volatility of 9.73%. This indicates that SHELL.AS experiences smaller price fluctuations and is considered to be less risky than REN.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SHELL.AS | REN.AS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.77% | 9.73% | -2.96% |
Volatility (6M)Calculated over the trailing 6-month period | 18.22% | 28.54% | -10.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.25% | 31.52% | -10.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.71% | 22.02% | +2.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.90% | 21.97% | +7.93% |
Dividends
SHELL.AS vs. REN.AS - Dividend Comparison
SHELL.AS's dividend yield for the trailing twelve months is around 3.39%, more than REN.AS's 2.70% yield.
Financials
SHELL.AS vs. REN.AS - Financials Comparison
This section allows you to compare key financial metrics between Shell plc and Relx 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
SHELL.AS and REN.AS have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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