TLGPY vs. ULS
TLGPY (Telstra Corporation Limited) and ULS (UL Solutions Inc) are both stocks. TLGPY operates in Telecom Services (Communication Services), while ULS operates in Specialty Business Services (Industrials). Over the past year, TLGPY returned 17.19% vs 30.23% for ULS. At a 0.17 correlation, their price movements are largely independent.
Performance
TLGPY vs. ULS - Performance Comparison
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Returns By Period
In the year-to-date period, TLGPY achieves a 10.36% return, which is significantly lower than ULS's 16.20% return.
TLGPY
- 1D
- -0.56%
- 1M
- -8.80%
- YTD
- 10.36%
- 6M
- 12.89%
- 1Y
- 17.19%
- 3Y*
- 11.81%
- 5Y*
- —
- 10Y*
- —
ULS
- 1D
- -2.94%
- 1M
- -10.62%
- YTD
- 16.20%
- 6M
- 19.08%
- 1Y
- 30.23%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TLGPY vs. ULS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
TLGPY Telstra Corporation Limited | 10.36% | 38.47% | 3.01% |
ULS UL Solutions Inc | 16.20% | 59.33% | 46.87% |
Correlation
The correlation between TLGPY and ULS is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Apr 12, 2024 | 0.17 |
Fundamentals
TLGPY:
$40.49B
ULS:
$18.63B
TLGPY:
A$1.72
ULS:
$1.71
TLGPY:
14.77
ULS:
53.26
TLGPY:
2.19
ULS:
4.79
TLGPY:
1.26
ULS:
5.98
TLGPY:
4.33
ULS:
13.95
TLGPY:
A$46.06B
ULS:
$3.11B
TLGPY:
A$17.20B
ULS:
$1.54B
TLGPY:
A$15.42B
ULS:
$725.35M
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Return for Risk
TLGPY vs. ULS — Risk / Return Rank
TLGPY
ULS
TLGPY vs. ULS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Telstra Corporation Limited (TLGPY) and UL Solutions Inc (ULS). 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.
| TLGPY | ULS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.27 | ||
| Sortino ratioReturn per unit of downside risk | +0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.18 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.41 | 1.23 | +0.18 |
| Martin ratioReturn relative to average drawdown | 5.26 | 3.08 | +2.18 |
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Drawdowns
TLGPY vs. ULS - Drawdown Comparison
The maximum TLGPY drawdown since its inception was -19.28%, smaller than the maximum ULS drawdown of -24.34%. Use the drawdown chart below to compare losses from any high point for TLGPY and ULS.
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Drawdown Indicators
| TLGPY | ULS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.28% | -24.34% | +5.06% |
Max Drawdown (1Y)Largest decline over 1 year | -11.52% | -24.34% | +12.82% |
Max Drawdown (3Y)Largest decline over 3 years | -17.52% | — | — |
Current DrawdownCurrent decline from peak | -10.04% | -12.79% | +2.75% |
Average DrawdownAverage peak-to-trough decline | -5.36% | -5.62% | +0.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.08% | 9.68% | -6.60% |
Volatility
TLGPY vs. ULS - Volatility Comparison
Telstra Corporation Limited (TLGPY) and UL Solutions Inc (ULS) have volatilities of 6.09% and 6.40%, 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.
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Volatility by Period
| TLGPY | ULS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.09% | 6.40% | -0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 12.22% | 30.35% | -18.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.35% | 41.46% | -25.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.11% | 35.69% | -14.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.11% | 35.69% | -14.58% |
Dividends
TLGPY vs. ULS - Dividend Comparison
TLGPY's dividend yield for the trailing twelve months is around 3.81%, more than ULS's 0.60% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
TLGPY Telstra Corporation Limited | 3.81% | 3.71% | 4.76% | 9.50% |
ULS UL Solutions Inc | 0.60% | 0.66% | 0.75% | 0.00% |
Financials
TLGPY vs. ULS - Financials Comparison
This section allows you to compare key financial metrics between Telstra Corporation Limited and UL Solutions Inc. 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
TLGPY vs. ULS - Profitability Comparison
TLGPY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Telstra Corporation Limited reported a gross profit of 3.19B and revenue of 11.43B. Therefore, the gross margin over that period was 27.9%.
ULS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, UL Solutions Inc reported a gross profit of 381.00M and revenue of 758.00M. Therefore, the gross margin over that period was 50.3%.
TLGPY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Telstra Corporation Limited reported an operating income of 1.82B and revenue of 11.43B, resulting in an operating margin of 15.9%.
ULS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, UL Solutions Inc reported an operating income of 138.00M and revenue of 758.00M, resulting in an operating margin of 18.2%.
TLGPY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Telstra Corporation Limited reported a net income of 1.10B and revenue of 11.43B, resulting in a net margin of 9.7%.
ULS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, UL Solutions Inc reported a net income of 92.00M and revenue of 758.00M, resulting in a net margin of 12.1%.
Frequently Asked Questions
TLGPY and ULS have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ULS has higher volatility (6.40%) compared to TLGPY (6.09%). In terms of maximum drawdown, TLGPY dropped -19.28% vs ULS's -24.34%.
TLGPY currently has the higher Sharpe Ratio (0.99 vs 0.72), 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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