TEF.MC vs. PEGRY

Last updated Jul 11, 2026

TEF.MC (Telefonica) and PEGRY (Pennon Group PLC ADR) are both stocks. TEF.MC operates in Telecom Services (Communication Services), while PEGRY operates in Utilities - Regulated Water (Utilities). Over the past 5 years, TEF.MC returned 5.37%/yr vs -3.75%/yr for PEGRY. At a 0.07 correlation, their price movements are largely independent.

Performance

TEF.MC vs. PEGRY - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Telefonica (TEF.MC) and Pennon Group PLC ADR (PEGRY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

TEF.MC is traded in EUR, while PEGRY is traded in USD. To make them comparable, the PEGRY values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, TEF.MC achieves a 5.18% return, which is significantly higher than PEGRY's -4.46% return.

TEF.MC

• 1D: 1.44%
• 1M: -7.07%
• 6M: 7.33%
• YTD: 5.18%
• 1Y: -14.53%
• 3Y*: 6.09%
• 5Y*: 5.37%
• 10Y*: -3.10%

PEGRY

• 1D: 1.24%
• 1M: 1.13%
• 6M: -10.27%
• YTD: -4.46%
• 1Y: 5.96%
• 3Y*: -0.03%
• 5Y*: -3.75%
• 10Y*: —

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

TEF.MC vs. PEGRY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TEF.MC Telefonica	5.18%	-4.58%	18.32%	10.87%	-6.53%	27.20%	-43.76%	-11.12%	-5.82%	-8.64%
PEGRY Pennon Group PLC ADR	-4.46%	10.58%	-14.43%	-6.51%	-26.17%	145.61%	1.93%	24.97%	3.92%	-3.62%

Correlation

The correlation between TEF.MC and PEGRY is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (All Time) Calculated using the full available price history since Sep 22, 2017	0.07

The correlation between TEF.MC and PEGRY shifts across timeframes, from 0.07 (all time) to 0.21 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

TEF.MC vs. PEGRY — Risk / Return Rank

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

TEF.MC

TEF.MC Risk / Return Rank: 23
TEF.MC Sharpe Ratio Rank: 19
TEF.MC Sortino Ratio Rank: 20
TEF.MC Omega Ratio Rank: 19
TEF.MC Calmar Ratio Rank: 28
TEF.MC Martin Ratio Rank: 30

PEGRY

PEGRY Risk / Return Rank: 44
PEGRY Sharpe Ratio Rank: 47
PEGRY Sortino Ratio Rank: 40
PEGRY Omega Ratio Rank: 40
PEGRY Calmar Ratio Rank: 46
PEGRY Martin Ratio Rank: 46

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.

TEF.MC vs. PEGRY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Telefonica (TEF.MC) and Pennon Group PLC ADR (PEGRY). 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.

	TEF.MC	PEGRY	Difference
Sharpe ratio: Return per unit of total volatility	-0.57	0.12	-0.68
Sortino ratio: Return per unit of downside risk	-0.62	0.35	-0.97
Omega ratio: Gain probability vs. loss probability	0.91	1.04	-0.13
Calmar ratio: Return relative to maximum drawdown	-0.47	0.15	-0.62
Martin ratio: Return relative to average drawdown	-0.78	0.34	-1.12

TEF.MC vs. PEGRY - Sharpe Ratio Comparison

The current TEF.MC Sharpe Ratio is -0.57, which is lower than the PEGRY Sharpe Ratio of 0.12. The chart below compares the historical Sharpe Ratios of TEF.MC and PEGRY, 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

TEF.MC vs. PEGRY - Drawdown Comparison

The maximum TEF.MC drawdown since its inception was -74.82%, which is greater than PEGRY's maximum drawdown of -58.87%. Use the drawdown chart below to compare losses from any high point for TEF.MC and PEGRY.

Drawdown Indicators

	TEF.MC	PEGRY	Difference
Max Drawdown Largest peak-to-trough decline	-74.82%	-58.87%	-15.95%
Max Drawdown (1Y) Largest decline over 1 year	-30.89%	-22.40%	-8.49%
Max Drawdown (3Y) Largest decline over 3 years	-30.89%	-30.39%	-0.50%
Max Drawdown (5Y) Largest decline over 5 years	-34.21%	-58.87%	+24.66%
Max Drawdown (10Y) Largest decline over 10 years	-69.20%	—	—
Current Drawdown Current decline from peak	-52.13%	-46.58%	-5.55%
Average Drawdown Average peak-to-trough decline	-32.94%	-32.23%	-0.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.81%	9.56%	+9.25%

Volatility

TEF.MC vs. PEGRY - Volatility Comparison

The current volatility for Telefonica (TEF.MC) is 6.48%, while Pennon Group PLC ADR (PEGRY) has a volatility of 7.89%. This indicates that TEF.MC experiences smaller price fluctuations and is considered to be less risky than PEGRY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TEF.MC	PEGRY	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.48%	7.89%	-1.41%
Volatility (6M) Calculated over the trailing 6-month period	18.51%	22.42%	-3.91%
Volatility (1Y) Calculated over the trailing 1-year period	25.65%	28.24%	-2.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.21%	42.10%	-20.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.95%	45.36%	-20.41%

Dividends

TEF.MC vs. PEGRY - Dividend Comparison

TEF.MC's dividend yield for the trailing twelve months is around 8.50%, more than PEGRY's 6.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PEGRY Pennon Group PLC ADR	6.15%	27.47%	7.56%	5.41%	4.43%	80.45%	2.60%	1.16%	1.39%	0.00%	0.00%	0.00%
TEF.MC Telefonica	8.50%	8.60%	6.17%	6.88%	7.12%	7.28%	9.65%	5.20%	4.41%	3.99%	9.14%	5.91%

Financials

Frequently Asked Questions

Can I hold both TEF.MC and PEGRY in my portfolio?

TEF.MC and PEGRY have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.