TGS.OL vs. FIA1S.HE

Last updated Jun 4, 2026

TGS.OL (TGS NOPEC Geophysical Company ASA) and FIA1S.HE (Finnair Oyj) are both stocks. TGS.OL operates in Oil & Gas Equipment & Services (Energy), while FIA1S.HE operates in Airlines (Industrials). Over the past 10 years, TGS.OL returned 56.99%/yr vs -9.01%/yr for FIA1S.HE. At a 0.12 correlation, their price movements are largely independent.

Performance

TGS.OL vs. FIA1S.HE - Performance Comparison

The chart below illustrates the hypothetical performance of a NOK 10,000 investment in TGS NOPEC Geophysical Company ASA (TGS.OL) and Finnair Oyj (FIA1S.HE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

TGS.OL is traded in NOK, while FIA1S.HE is traded in EUR. To make them comparable, the FIA1S.HE values have been converted to NOK using the latest available exchange rates.

Returns By Period

In the year-to-date period, TGS.OL achieves a 101.20% return, which is significantly higher than FIA1S.HE's 27.47% return. Over the past 10 years, TGS.OL has outperformed FIA1S.HE with an annualized return of 56.99%, while FIA1S.HE has yielded a comparatively lower -9.01% annualized return.

TGS.OL

• 1D: -4.29%
• 1M: 2.40%
• YTD: 101.20%
• 6M: 110.86%
• 1Y: 251.57%
• 3Y*: 86.97%
• 5Y*: 82.09%
• 10Y*: 56.99%

FIA1S.HE

• 1D: -1.24%
• 1M: 29.48%
• YTD: 27.47%
• 6M: 40.45%
• 1Y: 45.68%
• 3Y*: -23.50%
• 5Y*: -16.50%
• 10Y*: -9.01%

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

TGS.OL vs. FIA1S.HE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TGS.OL TGS NOPEC Geophysical Company ASA	101.20%	89.38%	60.44%	52.93%	137.93%	-4.95%	-23.33%	85.17%	32.84%	27.07%
FIA1S.HE Finnair Oyj	27.47%	47.14%	-41.65%	-34.45%	-31.54%	-25.38%	-25.63%	-14.90%	-42.60%	253.46%

Correlation

The correlation between TGS.OL and FIA1S.HE is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.05
Correlation (10Y) Calculated over the trailing 10-year period	0.11
Correlation (All Time) Calculated using the full available price history since Jul 9, 2007	0.12

The correlation between TGS.OL and FIA1S.HE shifts across timeframes, from -0.12 (1 year) to 0.12 (all time), reflecting how their relationship changes across market environments.

Return for Risk

TGS.OL vs. FIA1S.HE — Risk / Return Rank

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

TGS.OL

TGS.OL Risk / Return Rank: 98
TGS.OL Sharpe Ratio Rank: 98
TGS.OL Sortino Ratio Rank: 98
TGS.OL Omega Ratio Rank: 97
TGS.OL Calmar Ratio Rank: 99
TGS.OL Martin Ratio Rank: 99

FIA1S.HE

FIA1S.HE Risk / Return Rank: 76
FIA1S.HE Sharpe Ratio Rank: 77
FIA1S.HE Sortino Ratio Rank: 76
FIA1S.HE Omega Ratio Rank: 73
FIA1S.HE Calmar Ratio Rank: 78
FIA1S.HE Martin Ratio Rank: 75

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.

TGS.OL vs. FIA1S.HE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TGS NOPEC Geophysical Company ASA (TGS.OL) and Finnair Oyj (FIA1S.HE). 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.

	TGS.OL	FIA1S.HE	Difference
Sharpe ratio: Return per unit of total volatility	4.78	1.00	+3.77
Sortino ratio: Return per unit of downside risk	5.66	1.74	+3.92
Omega ratio: Gain probability vs. loss probability	1.72	1.21	+0.51
Calmar ratio: Return relative to maximum drawdown	14.57	1.86	+12.70
Martin ratio: Return relative to average drawdown	49.48	3.65	+45.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TGS.OL vs. FIA1S.HE - Sharpe Ratio Comparison

The current TGS.OL Sharpe Ratio is 4.78, which is higher than the FIA1S.HE Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of TGS.OL and FIA1S.HE, 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

	TGS.OL	FIA1S.HE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.78	1.00	+3.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.59	-0.32	+1.91
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.16	-0.17	+1.33
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	-0.18	+0.80

Drawdowns

TGS.OL vs. FIA1S.HE - Drawdown Comparison

The maximum TGS.OL drawdown since its inception was -82.61%, smaller than the maximum FIA1S.HE drawdown of -93.51%. Use the drawdown chart below to compare losses from any high point for TGS.OL and FIA1S.HE.

Drawdown Indicators

	TGS.OL	FIA1S.HE	Difference
Max Drawdown Largest peak-to-trough decline	-82.61%	-93.51%	+10.90%
Max Drawdown (1Y) Largest decline over 1 year	-17.64%	-24.74%	+7.10%
Max Drawdown (3Y) Largest decline over 3 years	-37.42%	-78.70%	+41.28%
Max Drawdown (5Y) Largest decline over 5 years	-37.42%	-80.38%	+42.96%
Max Drawdown (10Y) Largest decline over 10 years	-58.27%	-93.51%	+35.24%
Current Drawdown Current decline from peak	-4.90%	-86.98%	+82.08%
Average Drawdown Average peak-to-trough decline	-21.42%	-64.30%	+42.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.17%	12.59%	-7.42%

Volatility

TGS.OL vs. FIA1S.HE - Volatility Comparison

TGS NOPEC Geophysical Company ASA (TGS.OL) and Finnair Oyj (FIA1S.HE) have volatilities of 14.67% and 15.21%, 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

	TGS.OL	FIA1S.HE	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.67%	15.21%	-0.54%
Volatility (6M) Calculated over the trailing 6-month period	30.91%	37.75%	-6.84%
Volatility (1Y) Calculated over the trailing 1-year period	53.97%	45.93%	+8.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.87%	51.65%	+0.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.23%	54.07%	-4.84%

Dividends

TGS.OL vs. FIA1S.HE - Dividend Comparison

TGS.OL's dividend yield for the trailing twelve months is around 39.96%, more than FIA1S.HE's 2.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIA1S.HE Finnair Oyj	2.33%	3.50%	0.00%	0.00%	0.00%	0.00%	0.00%	4.66%	4.23%	0.78%	0.00%	0.00%
TGS.OL TGS NOPEC Geophysical Company ASA	39.96%	73.70%	57.40%	47.46%	40.42%	47.82%	49.57%	31.50%	25.28%	20.86%	21.78%	44.78%

Financials

Frequently Asked Questions

Can I hold both TGS.OL and FIA1S.HE in my portfolio?

TGS.OL and FIA1S.HE have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.