TELIA1.HE vs. CL

Last updated Jun 4, 2026

TELIA1.HE (Telia Company AB (publ)) and CL (Colgate-Palmolive Company) are both stocks. TELIA1.HE operates in Telecom Services (Communication Services), while CL operates in Household & Personal Products (Consumer Defensive). Over the past 10 years, TELIA1.HE returned 7.06%/yr vs 3.90%/yr for CL. At a 0.15 correlation, their price movements are largely independent.

Performance

TELIA1.HE vs. CL - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Telia Company AB (publ) (TELIA1.HE) and Colgate-Palmolive Company (CL). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

TELIA1.HE is traded in EUR, while CL is traded in USD. To make them comparable, the CL values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, TELIA1.HE achieves a 27.52% return, which is significantly higher than CL's 10.27% return. Over the past 10 years, TELIA1.HE has outperformed CL with an annualized return of 7.06%, while CL has yielded a comparatively lower 3.90% annualized return.

TELIA1.HE

• 1D: -0.68%
• 1M: 3.17%
• YTD: 27.52%
• 6M: 34.17%
• 1Y: 41.97%
• 3Y*: 36.23%
• 5Y*: 11.27%
• 10Y*: 7.06%

CL

• 1D: 0.13%
• 1M: -0.77%
• YTD: 10.27%
• 6M: 11.32%
• 1Y: -4.89%
• 3Y*: 3.38%
• 5Y*: 3.63%
• 10Y*: 3.90%

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

TELIA1.HE vs. CL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TELIA1.HE Telia Company AB (publ)	27.52%	45.11%	23.74%	2.33%	-26.09%	7.94%	-6.27%	-0.02%	15.94%	2.49%
CL Colgate-Palmolive Company	10.27%	-21.54%	24.26%	0.67%	0.42%	9.72%	16.69%	21.28%	-15.40%	3.40%

Correlation

The correlation between TELIA1.HE and CL is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (10Y) Calculated over the trailing 10-year period	0.13
Correlation (All Time) Calculated using the full available price history since Aug 28, 2007	0.15

The correlation between TELIA1.HE and CL shifts across timeframes, from 0.09 (3 years) to 0.25 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

TELIA1.HE vs. CL — Risk / Return Rank

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

TELIA1.HE

TELIA1.HE Risk / Return Rank: 88
TELIA1.HE Sharpe Ratio Rank: 90
TELIA1.HE Sortino Ratio Rank: 91
TELIA1.HE Omega Ratio Rank: 88
TELIA1.HE Calmar Ratio Rank: 83
TELIA1.HE Martin Ratio Rank: 87

CL

CL Risk / Return Rank: 33
CL Sharpe Ratio Rank: 35
CL Sortino Ratio Rank: 29
CL Omega Ratio Rank: 29
CL Calmar Ratio Rank: 36
CL Martin Ratio Rank: 36

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.

TELIA1.HE vs. CL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Telia Company AB (publ) (TELIA1.HE) and Colgate-Palmolive Company (CL). 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.

	TELIA1.HE	CL	Difference
Sharpe ratio: Return per unit of total volatility	2.25	-0.23	+2.49
Sortino ratio: Return per unit of downside risk	3.36	-0.20	+3.56
Omega ratio: Gain probability vs. loss probability	1.40	0.98	+0.42
Calmar ratio: Return relative to maximum drawdown	3.13	-0.27	+3.40
Martin ratio: Return relative to average drawdown	10.18	-0.44	+10.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TELIA1.HE vs. CL - Sharpe Ratio Comparison

The current TELIA1.HE Sharpe Ratio is 2.25, which is higher than the CL Sharpe Ratio of -0.23. The chart below compares the historical Sharpe Ratios of TELIA1.HE and CL, 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

	TELIA1.HE	CL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	-0.23	+2.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	0.19	+0.35
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.33	0.19	+0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.42	-0.17

Drawdowns

TELIA1.HE vs. CL - Drawdown Comparison

The maximum TELIA1.HE drawdown since its inception was -54.23%, which is greater than CL's maximum drawdown of -31.74%. Use the drawdown chart below to compare losses from any high point for TELIA1.HE and CL.

Drawdown Indicators

	TELIA1.HE	CL	Difference
Max Drawdown Largest peak-to-trough decline	-54.23%	-31.74%	-22.49%
Max Drawdown (1Y) Largest decline over 1 year	-13.54%	-18.09%	+4.55%
Max Drawdown (3Y) Largest decline over 3 years	-17.00%	-31.74%	+14.74%
Max Drawdown (5Y) Largest decline over 5 years	-52.25%	-31.74%	-20.51%
Max Drawdown (10Y) Largest decline over 10 years	-52.25%	-31.74%	-20.51%
Current Drawdown Current decline from peak	-2.92%	-22.21%	+19.29%
Average Drawdown Average peak-to-trough decline	-15.50%	-8.48%	-7.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.42%	11.23%	-6.81%

Volatility

TELIA1.HE vs. CL - Volatility Comparison

The current volatility for Telia Company AB (publ) (TELIA1.HE) is 4.69%, while Colgate-Palmolive Company (CL) has a volatility of 6.06%. This indicates that TELIA1.HE experiences smaller price fluctuations and is considered to be less risky than CL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TELIA1.HE	CL	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.69%	6.06%	-1.37%
Volatility (6M) Calculated over the trailing 6-month period	12.70%	16.82%	-4.12%
Volatility (1Y) Calculated over the trailing 1-year period	18.84%	21.03%	-2.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.05%	18.97%	+2.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.23%	20.37%	+0.86%

Dividends

TELIA1.HE vs. CL - Dividend Comparison

TELIA1.HE's dividend yield for the trailing twelve months is around 4.06%, more than CL's 2.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CL Colgate-Palmolive Company	2.46%	2.61%	2.18%	2.40%	2.36%	2.10%	2.05%	2.48%	2.79%	2.11%	2.37%	2.25%
TELIA1.HE Telia Company AB (publ)	4.06%	4.94%	6.52%	5.61%	8.05%	5.75%	6.87%	5.78%	5.46%	5.59%	8.30%	7.01%

Financials

Frequently Asked Questions

Can I hold both TELIA1.HE and CL in my portfolio?

TELIA1.HE and CL have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.