TELNY vs. AXAHY
TELNY (Telenor ASA ADR) and AXAHY (Axa SA ADR) are both stocks. TELNY operates in Telecom Services (Communication Services), while AXAHY operates in Insurance - Diversified (Financial Services). Over the past 10 years, TELNY returned 7.06%/yr vs 15.53%/yr for AXAHY. At a 0.41 correlation, their price movements are largely independent.
Performance
TELNY vs. AXAHY - Performance Comparison
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Returns By Period
In the year-to-date period, TELNY achieves a 3.98% return, which is significantly lower than AXAHY's 7.59% return. Over the past 10 years, TELNY has underperformed AXAHY with an annualized return of 7.06%, while AXAHY has yielded a comparatively higher 15.53% annualized return.
TELNY
- 1D
- -1.04%
- 1M
- -11.04%
- YTD
- 3.98%
- 6M
- 5.65%
- 1Y
- 1.32%
- 3Y*
- 21.48%
- 5Y*
- 4.26%
- 10Y*
- 7.06%
AXAHY
- 1D
- -0.15%
- 1M
- 4.91%
- YTD
- 7.59%
- 6M
- 6.56%
- 1Y
- 6.13%
- 3Y*
- 26.20%
- 5Y*
- 20.22%
- 10Y*
- 15.53%
TELNY vs. AXAHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TELNY Telenor ASA ADR | 3.98% | 38.41% | 4.53% | 33.74% | -35.05% | -1.85% | 0.85% | -2.97% | -2.17% | 56.53% |
AXAHY Axa SA ADR | 7.59% | 42.15% | 15.60% | 24.26% | -0.12% | 32.10% | -11.41% | 39.57% | -23.77% | 23.28% |
Correlation
The correlation between TELNY and AXAHY is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2007 | 0.41 |
The correlation between TELNY and AXAHY shifts across timeframes, from 0.27 (1 year) to 0.41 (all time), reflecting how their relationship changes across market environments.
Fundamentals
TELNY:
$20.16B
AXAHY:
$98.86B
TELNY:
NOK 10.35
AXAHY:
€8.43
TELNY:
13.81
AXAHY:
5.06
TELNY:
10.95
AXAHY:
0.35
TELNY:
2.49
AXAHY:
0.43
TELNY:
2.58
AXAHY:
1.83
TELNY:
NOK 78.35B
AXAHY:
€206.92B
TELNY:
NOK 54.58B
AXAHY:
€198.36B
TELNY:
NOK 43.17B
AXAHY:
€21.17B
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Return for Risk
TELNY vs. AXAHY — Risk / Return Rank
TELNY
AXAHY
TELNY vs. AXAHY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Telenor ASA ADR (TELNY) and Axa SA ADR (AXAHY). 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 | AXAHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.07 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.07 | 0.41 | -0.34 |
| Martin ratioReturn relative to average drawdown | 0.15 | 0.77 | -0.63 |
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Drawdowns
TELNY vs. AXAHY - Drawdown Comparison
The maximum TELNY drawdown since its inception was -81.49%, smaller than the maximum AXAHY drawdown of -89.17%. Use the drawdown chart below to compare losses from any high point for TELNY and AXAHY.
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Drawdown Indicators
| TELNY | AXAHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.49% | -89.17% | +7.68% |
Max Drawdown (1Y)Largest decline over 1 year | -19.06% | -15.11% | -3.95% |
Max Drawdown (3Y)Largest decline over 3 years | -19.06% | -16.44% | -2.62% |
Max Drawdown (5Y)Largest decline over 5 years | -46.37% | -32.38% | -13.99% |
Max Drawdown (10Y)Largest decline over 10 years | -50.97% | -56.26% | +5.29% |
Current DrawdownCurrent decline from peak | -19.06% | -0.98% | -18.08% |
Average DrawdownAverage peak-to-trough decline | -23.11% | -43.04% | +19.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.05% | 7.95% | +1.10% |
Volatility
TELNY vs. AXAHY - Volatility Comparison
Telenor ASA ADR (TELNY) has a higher volatility of 6.57% compared to Axa SA ADR (AXAHY) at 5.62%. This indicates that TELNY's price experiences larger fluctuations and is considered to be riskier than AXAHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TELNY | AXAHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.57% | 5.62% | +0.95% |
Volatility (6M)Calculated over the trailing 6-month period | 19.67% | 15.69% | +3.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.92% | 21.43% | +2.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.87% | 24.09% | -1.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.80% | 27.50% | -2.70% |
Dividends
TELNY vs. AXAHY - Dividend Comparison
TELNY's dividend yield for the trailing twelve months is around 6.40%, more than AXAHY's 5.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AXAHY Axa SA ADR | 5.57% | 5.10% | 5.91% | 5.50% | 6.00% | 5.70% | 3.45% | 5.36% | 7.26% | 4.26% | 4.96% | 3.90% |
TELNY Telenor ASA ADR | 6.40% | 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. AXAHY - Financials Comparison
This section allows you to compare key financial metrics between Telenor ASA ADR and Axa SA 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. AXAHY - 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%.
AXAHY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Axa SA ADR reported a gross profit of 70.40B and revenue of 70.40B. 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%.
AXAHY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Axa SA ADR reported an operating income of 0.00 and revenue of 70.40B, resulting in an operating margin of 0.0%.
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%.
AXAHY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Axa SA ADR reported a net income of 5.86B and revenue of 70.40B, resulting in a net margin of 8.3%.
Frequently Asked Questions
TELNY and AXAHY have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TELNY has higher volatility (6.57%) compared to AXAHY (5.62%). In terms of maximum drawdown, TELNY dropped -81.49% vs AXAHY's -89.17%.
AXAHY currently has the higher Sharpe Ratio (0.29 vs 0.06), 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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