SLF vs. LYB

Last updated Jun 6, 2026

SLF (Sun Life Financial Inc.) and LYB (LyondellBasell Industries N.V.) are both stocks. SLF operates in Insurance - Diversified (Financial Services), while LYB operates in Specialty Chemicals (Basic Materials). Over the past 10 years, SLF returned 12.37%/yr vs 5.29%/yr for LYB. At a 0.46 correlation, their price movements are largely independent.

Performance

SLF vs. LYB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sun Life Financial Inc. (SLF) and LyondellBasell Industries N.V. (LYB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SLF achieves a 20.52% return, which is significantly lower than LYB's 52.35% return. Over the past 10 years, SLF has outperformed LYB with an annualized return of 12.37%, while LYB has yielded a comparatively lower 5.29% 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%

LYB

• 1D: -2.54%
• 1M: -9.18%
• YTD: 52.35%
• 6M: 52.17%
• 1Y: 22.89%
• 3Y*: -4.03%
• 5Y*: -4.78%
• 10Y*: 5.29%

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

SLF vs. LYB - 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%
LYB LyondellBasell Industries N.V.	52.35%	-35.96%	-17.38%	20.70%	-0.98%	5.07%	2.64%	44.63%	-21.69%	33.72%

Correlation

The correlation between SLF and LYB 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	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.38
Correlation (10Y) Calculated over the trailing 10-year period	0.45
Correlation (All Time) Calculated using the full available price history since Apr 29, 2010	0.46

Over the past year, the correlation between SLF and LYB has dropped to 0.01 - well below their long-term average of 0.46, suggesting their price drivers have been diverging.

Fundamentals

EPS SLF : $6.22 LYB : -$3.19
PS Ratio SLF : 0.99 LYB : 0.70
Total Revenue (TTM) SLF : $39.40B LYB : $22.48B
Gross Profit (TTM) SLF : $20.48B LYB : -$4.33B
EBITDA (TTM) SLF : $4.74B LYB : $935.00M

Return for Risk

SLF vs. LYB — Risk / Return Rank

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

SLF

SLF Risk / Return Rank: 64
SLF Sharpe Ratio Rank: 69
SLF Sortino Ratio Rank: 59
SLF Omega Ratio Rank: 63
SLF Calmar Ratio Rank: 65
SLF Martin Ratio Rank: 64

LYB

LYB Risk / Return Rank: 56
LYB Sharpe Ratio Rank: 60
LYB Sortino Ratio Rank: 55
LYB Omega Ratio Rank: 54
LYB Calmar Ratio Rank: 57
LYB Martin Ratio Rank: 55

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.

SLF vs. LYB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sun Life Financial Inc. (SLF) and LyondellBasell Industries N.V. (LYB). 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	LYB	Difference
Sharpe ratio: Return per unit of total volatility	0.89	0.54	+0.35
Sortino ratio: Return per unit of downside risk	1.24	1.05	+0.19
Omega ratio: Gain probability vs. loss probability	1.18	1.13	+0.05
Calmar ratio: Return relative to maximum drawdown	1.20	0.71	+0.49
Martin ratio: Return relative to average drawdown	2.59	1.26	+1.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SLF vs. LYB - Sharpe Ratio Comparison

The current SLF Sharpe Ratio is 0.89, which is higher than the LYB Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of SLF and LYB, 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

	SLF	LYB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.89	0.54	+0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	-0.15	+0.73
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	0.14	+0.40
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.40	+0.02

Drawdowns

SLF vs. LYB - Drawdown Comparison

The maximum SLF drawdown since its inception was -78.60%, which is greater than LYB's maximum drawdown of -63.26%. Use the drawdown chart below to compare losses from any high point for SLF and LYB.

Drawdown Indicators

	SLF	LYB	Difference
Max Drawdown Largest peak-to-trough decline	-78.60%	-63.26%	-15.34%
Max Drawdown (1Y) Largest decline over 1 year	-14.91%	-35.45%	+20.54%
Max Drawdown (3Y) Largest decline over 3 years	-14.91%	-55.35%	+40.44%
Max Drawdown (5Y) Largest decline over 5 years	-30.77%	-55.35%	+24.58%
Max Drawdown (10Y) Largest decline over 10 years	-50.84%	-63.26%	+12.42%
Current Drawdown Current decline from peak	0.00%	-28.50%	+28.50%
Average Drawdown Average peak-to-trough decline	-16.88%	-15.11%	-1.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.90%	19.88%	-12.98%

Volatility

SLF vs. LYB - Volatility Comparison

Sun Life Financial Inc. (SLF) and LyondellBasell Industries N.V. (LYB) have volatilities of 7.07% and 7.40%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SLF	LYB	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.07%	7.40%	-0.33%
Volatility (6M) Calculated over the trailing 6-month period	14.13%	34.97%	-20.84%
Volatility (1Y) Calculated over the trailing 1-year period	20.12%	46.09%	-25.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.42%	32.84%	-13.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.89%	36.75%	-13.86%

Dividends

SLF vs. LYB - Dividend Comparison

SLF's dividend yield for the trailing twelve months is around 3.60%, less than LYB's 6.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LYB LyondellBasell Industries N.V.	6.39%	12.59%	7.10%	5.20%	11.92%	4.81%	4.58%	20.27%	4.81%	3.22%	3.88%	3.50%
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

Frequently Asked Questions

Can I hold both SLF and LYB in my portfolio?

SLF and LYB 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.

Which is riskier, SLF or LYB?

LYB has higher volatility (7.40%) compared to SLF (7.07%). In terms of maximum drawdown, SLF dropped -78.60% vs LYB's -63.26%.

Which has better risk-adjusted returns?

SLF currently has the higher Sharpe Ratio (0.89 vs 0.54), 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.