SZLMY vs. ARZGY
SZLMY (Swiss Life Holding AG ADR) and ARZGY (Assicurazioni Generali SpA ADR) are both stocks. Both operate in the Insurance - Diversified industry within the Financial Services sector. Over the past 5 years, SZLMY returned 24.44%/yr vs 25.15%/yr for ARZGY. At a 0.29 correlation, their price movements are largely independent.
Performance
SZLMY vs. ARZGY - Performance Comparison
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Returns By Period
In the year-to-date period, SZLMY achieves a 4.34% return, which is significantly lower than ARZGY's 19.53% return.
SZLMY
- 1D
- 0.62%
- 1M
- 7.65%
- 6M
- 8.13%
- YTD
- 4.34%
- 1Y
- 23.02%
- 3Y*
- 31.20%
- 5Y*
- 24.44%
- 10Y*
- —
ARZGY
- 1D
- -0.54%
- 1M
- 0.50%
- 6M
- 23.61%
- YTD
- 19.53%
- 1Y
- 37.99%
- 3Y*
- 39.05%
- 5Y*
- 25.15%
- 10Y*
- 20.79%
SZLMY vs. ARZGY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SZLMY Swiss Life Holding AG ADR | 4.34% | 54.33% | 17.54% | 44.47% | -12.51% | 37.89% | -7.06% | 35.51% | 14.50% | -6.15% |
ARZGY Assicurazioni Generali SpA ADR | 19.53% | 54.48% | 40.64% | 24.14% | -10.87% | 28.86% | -14.12% | 28.32% | -4.59% | -0.65% |
Correlation
The correlation between SZLMY and ARZGY is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Oct 5, 2017 | 0.29 |
Over the past year, SZLMY and ARZGY have become more correlated (0.51) than their long-term average of 0.29, meaning their price movements have been converging.
Fundamentals
SZLMY:
$33.18B
ARZGY:
$71.82B
SZLMY:
CHF 4.39
ARZGY:
€2.54
SZLMY:
10.68
ARZGY:
8.25
SZLMY:
7.22
ARZGY:
0.19
SZLMY:
0.64
ARZGY:
0.55
SZLMY:
3.70
ARZGY:
2.03
SZLMY:
CHF 40.81B
ARZGY:
€117.75B
SZLMY:
CHF 42.70B
ARZGY:
€117.75B
SZLMY:
CHF 2.13B
ARZGY:
€14.58B
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Return for Risk
SZLMY vs. ARZGY — Risk / Return Rank
SZLMY
ARZGY
SZLMY vs. ARZGY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Swiss Life Holding AG ADR (SZLMY) and Assicurazioni Generali SpA ADR (ARZGY). 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.
| SZLMY | ARZGY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.05 | ||
| Sortino ratioReturn per unit of downside risk | -1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.32 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.51 | 3.56 | -2.05 |
| Martin ratioReturn relative to average drawdown | 3.54 | 9.30 | -5.76 |
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Drawdowns
SZLMY vs. ARZGY - Drawdown Comparison
The maximum SZLMY drawdown since its inception was -50.48%, roughly equal to the maximum ARZGY drawdown of -51.13%. Use the drawdown chart below to compare losses from any high point for SZLMY and ARZGY.
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Drawdown Indicators
| SZLMY | ARZGY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.48% | -51.13% | +0.65% |
Max Drawdown (1Y)Largest decline over 1 year | -13.36% | -10.72% | -2.64% |
Max Drawdown (3Y)Largest decline over 3 years | -13.36% | -10.72% | -2.64% |
Max Drawdown (5Y)Largest decline over 5 years | -35.97% | -39.90% | +3.93% |
Max Drawdown (10Y)Largest decline over 10 years | — | -51.13% | — |
Current DrawdownCurrent decline from peak | -0.45% | -2.92% | +2.47% |
Average DrawdownAverage peak-to-trough decline | -8.33% | -13.88% | +5.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.68% | 4.10% | +1.58% |
Volatility
SZLMY vs. ARZGY - Volatility Comparison
Swiss Life Holding AG ADR (SZLMY) has a higher volatility of 5.80% compared to Assicurazioni Generali SpA ADR (ARZGY) at 4.58%. This indicates that SZLMY's price experiences larger fluctuations and is considered to be riskier than ARZGY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SZLMY | ARZGY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.80% | 4.58% | +1.22% |
Volatility (6M)Calculated over the trailing 6-month period | 17.32% | 14.82% | +2.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.17% | 19.89% | +3.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.37% | 23.46% | +8.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.75% | 28.50% | +8.25% |
Dividends
SZLMY vs. ARZGY - Dividend Comparison
SZLMY's dividend yield for the trailing twelve months is around 3.99%, which matches ARZGY's 4.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
ARZGY Assicurazioni Generali SpA ADR | 4.01% | 3.75% | 4.91% | 4.00% | 6.43% | 6.29% | 2.04% | 3.15% | 4.04% | 7.97% | 11.37% |
SZLMY Swiss Life Holding AG ADR | 3.99% | 3.54% | 4.63% | 4.56% | 5.29% | 2.22% | 3.04% | 0.00% | 3.49% | 0.00% | 0.00% |
Financials
SZLMY vs. ARZGY - Financials Comparison
This section allows you to compare key financial metrics between Swiss Life Holding AG ADR and Assicurazioni Generali SpA ADR. 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
SZLMY vs. ARZGY - Profitability Comparison
SZLMY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Swiss Life Holding AG ADR reported a gross profit of 22.53B and revenue of 22.53B. Therefore, the gross margin over that period was 100.0%.
ARZGY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Assicurazioni Generali SpA ADR reported a gross profit of 34.35B and revenue of 34.35B. Therefore, the gross margin over that period was 100.0%.
SZLMY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Swiss Life Holding AG ADR reported an operating income of 0.00 and revenue of 22.53B, resulting in an operating margin of 0.0%.
ARZGY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Assicurazioni Generali SpA ADR reported an operating income of 2.88B and revenue of 34.35B, resulting in an operating margin of 8.4%.
SZLMY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Swiss Life Holding AG ADR reported a net income of 648.60M and revenue of 22.53B, resulting in a net margin of 2.9%.
ARZGY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Assicurazioni Generali SpA ADR reported a net income of 2.01B and revenue of 34.35B, resulting in a net margin of 5.8%.
Frequently Asked Questions
SZLMY and ARZGY have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SZLMY has higher volatility (5.80%) compared to ARZGY (4.58%). In terms of maximum drawdown, SZLMY dropped -50.48% vs ARZGY's -51.13%.
ARZGY currently has the higher Sharpe Ratio (1.92 vs 0.87), 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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