SRGHY vs. AON

Last updated Aug 1, 2026

SRGHY (Shoprite Holdings Ltd ADR) and AON (Aon plc) are both stocks. SRGHY operates in Department Stores (Consumer Cyclical), while AON operates in Insurance Brokers (Financial Services). Over the past 10 years, SRGHY returned 4.38%/yr vs 13.80%/yr for AON. Their 0.19 correlation means their historical movements had little consistent relationship.

Performance

SRGHY vs. AON - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Shoprite Holdings Ltd ADR (SRGHY) and Aon plc (AON). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SRGHY achieves a 5.90% return, which is significantly higher than AON's 2.66% return. Over the past 10 years, SRGHY has underperformed AON with an annualized return of 4.38%, while AON has yielded a comparatively higher 13.80% annualized return.

SRGHY

• 1D: 1.48%
• 1M: -2.11%
• 6M: 5.14%
• YTD: 5.90%
• 1Y: 21.29%
• 3Y*: 10.13%
• 5Y*: 12.99%
• 10Y*: 4.38%
• ALL TIME*: 2.17%

AON

• 1D: -1.64%
• 1M: 0.86%
• 6M: 3.61%
• YTD: 2.66%
• 1Y: 2.72%
• 3Y*: 4.93%
• 5Y*: 7.57%
• 10Y*: 13.80%
• ALL TIME*: 11.71%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AON Aon plc	$616.55M	$496.49M	$533.99M
SRGHY Shoprite Holdings Ltd ADR	$81.93K	$64.83K	$81.74K

SRGHY vs. AON - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SRGHY Shoprite Holdings Ltd ADR	5.90%	10.41%	7.08%	20.39%	-1.19%	43.36%	7.51%	-31.01%	-24.26%	45.92%
AON Aon plc	2.66%	-0.94%	24.45%	-2.31%	0.61%	43.39%	2.37%	44.68%	9.94%	21.49%

Correlation

The correlation between SRGHY and AON is -0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.02
Correlation (3Y) Balances recent behavior with more history.	0.00
Correlation (5Y) Shows whether the relationship held over a longer period.	0.09
Correlation (10Y) Provides a long-term view across more market conditions.	0.14
Correlation (All Time) Calculated using the full available price history since Sep 23, 2009	0.19

The correlation between SRGHY and AON shifts across timeframes, from -0.02 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap SRGHY : $9.39B AON : $76.48B
EPS SRGHY : ZAR 25.88 AON : $18.14
PE Ratio SRGHY : 11.08 AON : 19.88
PEG Ratio SRGHY : 0.95 AON : 0.50
PS Ratio SRGHY : 0.31 AON : 4.43
PB Ratio SRGHY : 5.07 AON : 8.01
Total Revenue (TTM) SRGHY : ZAR 502.65B AON : $17.58B
Gross Profit (TTM) SRGHY : ZAR 110.65B AON : $14.61B
EBITDA (TTM) SRGHY : ZAR 40.01B AON : $6.31B

Return for Risk

SRGHY vs. AON — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SRGHY

SRGHY Risk / Return Rank: 69
SRGHY Sharpe Ratio Rank: 69
SRGHY Sortino Ratio Rank: 63
SRGHY Omega Ratio Rank: 59
SRGHY Calmar Ratio Rank: 76
SRGHY Martin Ratio Rank: 77

AON

AON Risk / Return Rank: 45
AON Sharpe Ratio Rank: 48
AON Sortino Ratio Rank: 41
AON Omega Ratio Rank: 40
AON Calmar Ratio Rank: 48
AON Martin Ratio Rank: 48

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SRGHY vs. AON - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Shoprite Holdings Ltd ADR (SRGHY) and Aon plc (AON). 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.

	SRGHY	AON	Difference
Sharpe ratio: Return per unit of total volatility	0.72	0.09	+0.63
Sortino ratio: Return per unit of downside risk	1.18	0.30	+0.88
Omega ratio: Gain probability vs. loss probability	1.13	1.04	+0.09
Calmar ratio: Return relative to maximum drawdown	1.73	0.13	+1.60
Martin ratio: Return relative to average drawdown	4.45	0.24	+4.21

SRGHY vs. AON - Sharpe Ratio Comparison

The current SRGHY Sharpe Ratio is 0.72, which is higher than the AON Sharpe Ratio of 0.09. The chart below compares the historical Sharpe Ratios of SRGHY and AON, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SRGHY vs. AON - Drawdown Comparison

The maximum SRGHY drawdown since its inception was -87.27%, which is greater than AON's maximum drawdown of -69.05%. Use the drawdown chart below to compare losses from any high point for SRGHY and AON.

Drawdown Indicators

	SRGHY	AON	Difference
Max Drawdown Largest peak-to-trough decline	-87.27%	-69.05%	-18.22%
Max Drawdown (1Y) Largest decline over 1 year	-11.89%	-17.28%	+5.39%
Max Drawdown (3Y) Largest decline over 3 years	-27.61%	-23.84%	-3.77%
Max Drawdown (5Y) Largest decline over 5 years	-42.62%	-25.38%	-17.24%
Max Drawdown (10Y) Largest decline over 10 years	-76.05%	-38.73%	-37.32%
Current Drawdown Current decline from peak	-51.28%	-10.93%	-40.35%
Average Drawdown Average peak-to-trough decline	-52.85%	-13.67%	-39.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.62%	9.71%	-5.09%

Volatility

SRGHY vs. AON - Volatility Comparison

The current volatility for Shoprite Holdings Ltd ADR (SRGHY) is 6.61%, while Aon plc (AON) has a volatility of 9.36%. This indicates that SRGHY experiences smaller price fluctuations and is considered to be less risky than AON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SRGHY	AON	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.61%	9.36%	-2.75%
Volatility (6M) Calculated over the trailing 6-month period	21.42%	21.84%	-0.42%
Volatility (1Y) Calculated over the trailing 1-year period	28.63%	25.21%	+3.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.03%	23.14%	+14.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.90%	23.61%	+17.29%

Dividends

SRGHY vs. AON - Dividend Comparison

SRGHY's dividend yield for the trailing twelve months is around 2.65%, more than AON's 0.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AON Aon plc	0.64%	0.82%	0.74%	0.83%	0.73%	0.66%	0.84%	0.83%	1.35%	1.05%	1.16%	1.25%
SRGHY Shoprite Holdings Ltd ADR	2.65%	2.63%	2.59%	2.39%	2.89%	2.84%	2.19%	1.71%	1.95%	1.53%	3.37%	2.40%

Financials

Frequently Asked Questions

Can I hold both SRGHY and AON in my portfolio?

SRGHY and AON have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SRGHY or AON?

AON has higher volatility (9.36%) compared to SRGHY (6.61%). In terms of maximum drawdown, SRGHY dropped -87.27% vs AON's -69.05%.

Which has better risk-adjusted returns?

SRGHY currently has the higher Sharpe Ratio (0.72 vs 0.09), 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.