TELNY vs. ARZGY
TELNY (Telenor ASA ADR) and ARZGY (Assicurazioni Generali SpA ADR) are both stocks. TELNY operates in Telecom Services (Communication Services), while ARZGY operates in Insurance - Diversified (Financial Services). Over the past 10 years, TELNY returned 7.25%/yr vs 21.78%/yr for ARZGY. At a 0.17 correlation, their price movements are largely independent.
Performance
TELNY vs. ARZGY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TELNY achieves a 3.28% return, which is significantly lower than ARZGY's 21.37% return. Over the past 10 years, TELNY has underperformed ARZGY with an annualized return of 7.25%, while ARZGY has yielded a comparatively higher 21.78% annualized return.
TELNY
- 1D
- 0.48%
- 1M
- -10.79%
- YTD
- 3.28%
- 6M
- 4.57%
- 1Y
- 1.25%
- 3Y*
- 20.80%
- 5Y*
- 4.11%
- 10Y*
- 7.25%
ARZGY
- 1D
- 0.70%
- 1M
- 8.18%
- YTD
- 21.37%
- 6M
- 19.83%
- 1Y
- 45.58%
- 3Y*
- 40.87%
- 5Y*
- 25.34%
- 10Y*
- 21.78%
TELNY vs. ARZGY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TELNY Telenor ASA ADR | 3.28% | 38.41% | 4.53% | 33.74% | -35.05% | -1.85% | 0.85% | -2.97% | -2.17% | 56.53% |
ARZGY Assicurazioni Generali SpA ADR | 21.37% | 54.48% | 40.64% | 24.14% | -10.87% | 28.86% | -14.12% | 28.32% | -4.59% | 36.49% |
Correlation
The correlation between TELNY and ARZGY 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 | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since May 12, 2009 | 0.17 |
The correlation between TELNY and ARZGY shifts across timeframes, from 0.17 (all time) to 0.30 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TELNY:
$20.03B
ARZGY:
$75.44B
TELNY:
NOK 10.35
ARZGY:
€2.57
TELNY:
13.93
ARZGY:
8.33
TELNY:
11.04
ARZGY:
0.19
TELNY:
2.51
ARZGY:
0.56
TELNY:
2.60
ARZGY:
2.07
TELNY:
NOK 78.35B
ARZGY:
€117.75B
TELNY:
NOK 54.58B
ARZGY:
€117.75B
TELNY:
NOK 43.17B
ARZGY:
€14.58B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TELNY vs. ARZGY — Risk / Return Rank
TELNY
ARZGY
TELNY vs. ARZGY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Telenor ASA ADR (TELNY) 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.
| TELNY | ARZGY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.25 | ||
| Sortino ratioReturn per unit of downside risk | -2.82 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.38 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | 0.06 | 4.27 | -4.21 |
| Martin ratioReturn relative to average drawdown | 0.14 | 11.21 | -11.08 |
Loading charts...
Drawdowns
TELNY vs. ARZGY - Drawdown Comparison
The maximum TELNY drawdown since its inception was -81.49%, which is greater than ARZGY's maximum drawdown of -51.13%. Use the drawdown chart below to compare losses from any high point for TELNY and ARZGY.
Loading charts...
Drawdown Indicators
| TELNY | ARZGY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.49% | -51.13% | -30.36% |
Max Drawdown (1Y)Largest decline over 1 year | -20.00% | -10.72% | -9.28% |
Max Drawdown (3Y)Largest decline over 3 years | -20.00% | -10.72% | -9.28% |
Max Drawdown (5Y)Largest decline over 5 years | -46.37% | -39.90% | -6.47% |
Max Drawdown (10Y)Largest decline over 10 years | -50.97% | -51.13% | +0.16% |
Current DrawdownCurrent decline from peak | -19.61% | -1.42% | -18.19% |
Average DrawdownAverage peak-to-trough decline | -23.11% | -13.91% | -9.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.22% | 4.08% | +5.14% |
Volatility
TELNY vs. ARZGY - Volatility Comparison
Telenor ASA ADR (TELNY) and Assicurazioni Generali SpA ADR (ARZGY) have volatilities of 5.97% and 5.71%, 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.
Loading charts...
Volatility by Period
| TELNY | ARZGY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.97% | 5.71% | +0.26% |
Volatility (6M)Calculated over the trailing 6-month period | 19.59% | 14.85% | +4.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.95% | 19.91% | +4.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.87% | 23.51% | -0.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.80% | 29.45% | -4.65% |
Dividends
TELNY vs. ARZGY - Dividend Comparison
TELNY's dividend yield for the trailing twelve months is around 6.44%, more than ARZGY's 3.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARZGY Assicurazioni Generali SpA ADR | 3.95% | 3.75% | 4.91% | 4.00% | 6.43% | 6.29% | 2.04% | 3.15% | 4.04% | 7.97% | 11.37% | 0.00% |
TELNY Telenor ASA ADR | 6.44% | 5.85% | 8.06% | 7.72% | 10.95% | 6.79% | 5.53% | 5.39% | 7.99% | 7.00% | 9.13% | 5.40% |
Financials
TELNY vs. ARZGY - Financials Comparison
This section allows you to compare key financial metrics between Telenor ASA 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
TELNY vs. ARZGY - Profitability Comparison
TELNY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Telenor ASA ADR reported a gross profit of 14.20B and revenue of 18.20B. Therefore, the gross margin over that period was 78.0%.
ARZGY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
TELNY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Telenor ASA ADR reported an operating income of 4.12B and revenue of 18.20B, resulting in an operating margin of 22.6%.
ARZGY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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%.
TELNY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Telenor ASA ADR reported a net income of 8.21B and revenue of 18.20B, resulting in a net margin of 45.1%.
ARZGY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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
TELNY and ARZGY 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.
TELNY has higher volatility (5.97%) compared to ARZGY (5.71%). In terms of maximum drawdown, TELNY dropped -81.49% vs ARZGY's -51.13%.
ARZGY currently has the higher Sharpe Ratio (2.30 vs 0.05), 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.
Find the right allocation for TELNY and ARZGY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer