TELNY vs. ^STOXX

Last updated Apr 2, 2026

Compare and contrast key facts about Telenor ASA ADR (TELNY) and STOXX Europe 600 Index (^STOXX).

Performance

TELNY vs. ^STOXX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Telenor ASA ADR (TELNY) and STOXX Europe 600 Index (^STOXX). The values are adjusted to include any dividend payments, if applicable.

TELNY vs. ^STOXX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TELNY Telenor ASA ADR	20.19%	38.41%	4.53%	33.74%	-35.05%	-1.85%	0.85%	-2.97%	-2.17%	56.53%
^STOXX STOXX Europe 600 Index	-0.36%	32.33%	-0.58%	16.30%	-18.13%	13.92%	4.45%	20.76%	-17.29%	22.91%

Different Trading Currencies

TELNY is traded in USD, while ^STOXX is traded in EUR. To make them comparable, the ^STOXX values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, TELNY achieves a 20.19% return, which is significantly higher than ^STOXX's -0.36% return. Over the past 10 years, TELNY has outperformed ^STOXX with an annualized return of 8.54%, while ^STOXX has yielded a comparatively lower 6.21% annualized return.

TELNY

• 1D: -0.34%
• 1M: -3.68%
• YTD: 20.19%
• 6M: 7.79%
• 1Y: 26.76%
• 3Y*: 22.43%
• 5Y*: 7.19%
• 10Y*: 8.54%

^STOXX

• 1D: 2.87%
• 1M: -4.94%
• YTD: -0.36%
• 6M: 4.63%
• 1Y: 19.00%
• 3Y*: 11.77%
• 5Y*: 6.37%
• 10Y*: 6.21%

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

Return for Risk

TELNY vs. ^STOXX — Risk / Return Rank

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

TELNY

TELNY Risk / Return Rank: 71
TELNY Sharpe Ratio Rank: 75
TELNY Sortino Ratio Rank: 68
TELNY Omega Ratio Rank: 68
TELNY Calmar Ratio Rank: 73
TELNY Martin Ratio Rank: 71

^STOXX

^STOXX Risk / Return Rank: 61
^STOXX Sharpe Ratio Rank: 43
^STOXX Sortino Ratio Rank: 39
^STOXX Omega Ratio Rank: 45
^STOXX Calmar Ratio Rank: 89
^STOXX Martin Ratio Rank: 88

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.

TELNY vs. ^STOXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Telenor ASA ADR (TELNY) and STOXX Europe 600 Index (^STOXX). 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.

	TELNY	^STOXX	Difference
Sharpe ratio Return per unit of total volatility	1.04	1.09	-0.05
Sortino ratio Return per unit of downside risk	1.52	1.51	+0.01
Omega ratio Gain probability vs. loss probability	1.21	1.23	-0.01
Calmar ratio Return relative to maximum drawdown	1.64	2.94	-1.30
Martin ratio Return relative to average drawdown	3.79	11.62	-7.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TELNY vs. ^STOXX - Sharpe Ratio Comparison

The current TELNY Sharpe Ratio is 1.04, which is comparable to the ^STOXX Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of TELNY and ^STOXX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TELNY	^STOXX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.04	1.09	-0.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	0.36	-0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.34	0.35	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.09	+0.04

Correlation

The correlation between TELNY and ^STOXX is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Drawdowns

TELNY vs. ^STOXX - Drawdown Comparison

The maximum TELNY drawdown since its inception was -81.49%, which is greater than ^STOXX's maximum drawdown of -64.60%. Use the drawdown chart below to compare losses from any high point for TELNY and ^STOXX.

Drawdown Indicators

	TELNY	^STOXX	Difference
Max Drawdown Largest peak-to-trough decline	-81.49%	-61.04%	-20.45%
Max Drawdown (1Y) Largest decline over 1 year	-17.96%	-12.48%	-5.48%
Max Drawdown (5Y) Largest decline over 5 years	-46.38%	-22.55%	-23.83%
Max Drawdown (10Y) Largest decline over 10 years	-50.97%	-35.55%	-15.42%
Current Drawdown Current decline from peak	-6.45%	-5.70%	-0.75%
Average Drawdown Average peak-to-trough decline	-23.27%	-16.84%	-6.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.78%	2.37%	+5.41%

Volatility

TELNY vs. ^STOXX - Volatility Comparison

Telenor ASA ADR (TELNY) and STOXX Europe 600 Index (^STOXX) have volatilities of 6.31% and 6.25%, 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

	TELNY	^STOXX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.31%	6.25%	+0.06%
Volatility (6M) Calculated over the trailing 6-month period	18.86%	10.45%	+8.41%
Volatility (1Y) Calculated over the trailing 1-year period	25.86%	17.08%	+8.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.67%	17.13%	+5.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.03%	17.48%	+7.55%