SLF vs. LAZ
SLF (Sun Life Financial Inc.) and LAZ (Lazard Ltd) are both stocks. Both are in the Financial Services sector — SLF in Insurance - Diversified, LAZ in Capital Markets. Over the past 10 years, SLF returned 12.37%/yr vs 8.71%/yr for LAZ. At a 0.45 correlation, their price movements are largely independent.
Performance
SLF vs. LAZ - Performance Comparison
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Returns By Period
In the year-to-date period, SLF achieves a 20.52% return, which is significantly higher than LAZ's -2.67% return. Over the past 10 years, SLF has outperformed LAZ with an annualized return of 12.37%, while LAZ has yielded a comparatively lower 8.71% annualized return.
SLF
- 1D
- 1.04%
- 1M
- 6.24%
- YTD
- 20.52%
- 6M
- 28.38%
- 1Y
- 17.74%
- 3Y*
- 18.69%
- 5Y*
- 11.22%
- 10Y*
- 12.37%
LAZ
- 1D
- -4.51%
- 1M
- -2.56%
- YTD
- -2.67%
- 6M
- -13.67%
- 1Y
- 7.45%
- 3Y*
- 20.64%
- 5Y*
- 4.45%
- 10Y*
- 8.71%
SLF vs. LAZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SLF Sun Life Financial Inc. | 20.52% | 9.72% | 19.48% | 17.77% | -12.89% | 29.71% | 1.55% | 42.69% | -16.37% | 11.18% |
LAZ Lazard Ltd | -2.67% | -1.64% | 54.83% | 6.92% | -16.21% | 7.41% | 12.08% | 15.22% | -25.38% | 36.20% |
Correlation
The correlation between SLF and LAZ is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since May 6, 2005 | 0.45 |
The correlation between SLF and LAZ shifts across timeframes, from 0.27 (1 year) to 0.46 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
SLF:
$29.68B
LAZ:
$4.95B
SLF:
$6.22
LAZ:
$2.61
SLF:
11.84
LAZ:
17.77
SLF:
0.99
LAZ:
1.50
SLF:
1.30
LAZ:
5.62
SLF:
$39.40B
LAZ:
$3.28B
SLF:
$20.48B
LAZ:
$1.54B
SLF:
$4.74B
LAZ:
$477.61M
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Return for Risk
SLF vs. LAZ — Risk / Return Rank
SLF
LAZ
SLF vs. LAZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sun Life Financial Inc. (SLF) and Lazard Ltd (LAZ). 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.
| SLF | LAZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.60 | ||
| Sortino ratioReturn per unit of downside risk | +0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.08 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.20 | 0.35 | +0.85 |
| Martin ratioReturn relative to average drawdown | 2.59 | 0.82 | +1.78 |
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
| SLF | LAZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | 0.29 | +0.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.12 | +0.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | 0.24 | +0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.18 | +0.24 |
Drawdowns
SLF vs. LAZ - Drawdown Comparison
The maximum SLF drawdown since its inception was -78.60%, which is greater than LAZ's maximum drawdown of -62.72%. Use the drawdown chart below to compare losses from any high point for SLF and LAZ.
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Drawdown Indicators
| SLF | LAZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.60% | -62.72% | -15.88% |
Max Drawdown (1Y)Largest decline over 1 year | -14.91% | -31.39% | +16.48% |
Max Drawdown (3Y)Largest decline over 3 years | -14.91% | -44.24% | +29.33% |
Max Drawdown (5Y)Largest decline over 5 years | -30.77% | -44.24% | +13.47% |
Max Drawdown (10Y)Largest decline over 10 years | -50.84% | -59.51% | +8.67% |
Current DrawdownCurrent decline from peak | 0.00% | -18.52% | +18.52% |
Average DrawdownAverage peak-to-trough decline | -16.88% | -23.47% | +6.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.90% | 13.38% | -6.48% |
Volatility
SLF vs. LAZ - Volatility Comparison
The current volatility for Sun Life Financial Inc. (SLF) is 7.07%, while Lazard Ltd (LAZ) has a volatility of 11.34%. This indicates that SLF experiences smaller price fluctuations and is considered to be less risky than LAZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SLF | LAZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.07% | 11.34% | -4.27% |
Volatility (6M)Calculated over the trailing 6-month period | 14.13% | 30.19% | -16.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.12% | 37.21% | -17.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.42% | 36.88% | -17.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.89% | 36.06% | -13.17% |
Dividends
SLF vs. LAZ - Dividend Comparison
SLF's dividend yield for the trailing twelve months is around 3.60%, less than LAZ's 4.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LAZ Lazard Ltd | 4.31% | 4.12% | 3.89% | 5.75% | 5.60% | 4.31% | 4.44% | 5.88% | 8.21% | 5.35% | 6.55% | 5.22% |
SLF Sun Life Financial Inc. | 3.60% | 4.03% | 4.00% | 4.98% | 4.59% | 3.32% | 3.69% | 3.47% | 4.71% | 3.17% | 3.98% | 4.64% |
Financials
SLF vs. LAZ - Financials Comparison
This section allows you to compare key financial metrics between Sun Life Financial Inc. and Lazard Ltd. 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
SLF vs. LAZ - Profitability Comparison
SLF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sun Life Financial Inc. reported a gross profit of 8.88B and revenue of 8.88B. Therefore, the gross margin over that period was 100.0%.
LAZ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lazard Ltd reported a gross profit of 779.40M and revenue of 779.40M. Therefore, the gross margin over that period was 100.0%.
SLF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sun Life Financial Inc. reported an operating income of 633.63M and revenue of 8.88B, resulting in an operating margin of 7.1%.
LAZ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lazard Ltd reported an operating income of 112.39M and revenue of 779.40M, resulting in an operating margin of 14.4%.
SLF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sun Life Financial Inc. reported a net income of 537.39M and revenue of 8.88B, resulting in a net margin of 6.1%.
LAZ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lazard Ltd reported a net income of 100.92M and revenue of 779.40M, resulting in a net margin of 13.0%.
Frequently Asked Questions
SLF and LAZ have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LAZ has higher volatility (11.34%) compared to SLF (7.07%). In terms of maximum drawdown, SLF dropped -78.60% vs LAZ's -62.72%.
SLF currently has the higher Sharpe Ratio (0.89 vs 0.29), 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.
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