VEOEY vs. ALIZY
VEOEY (Veolia Environnement SA ADR) and ALIZY (Allianz SE ADR) are both stocks. VEOEY operates in Waste Management (Industrials), while ALIZY operates in Insurance - Diversified (Financial Services). Over the past 5 years, VEOEY returned 9.31%/yr vs 23.07%/yr for ALIZY. Their 0.54 correlation means they have sometimes moved together and sometimes differently.
Performance
VEOEY vs. ALIZY - Performance Comparison
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Returns By Period
In the year-to-date period, VEOEY achieves a 18.96% return, which is significantly higher than ALIZY's 13.02% return.
VEOEY
- 1D
- -1.00%
- 1M
- -5.31%
- 6M
- 11.00%
- YTD
- 18.96%
- 1Y
- 21.91%
- 3Y*
- 13.87%
- 5Y*
- 9.31%
- 10Y*
- 11.35%
- ALL TIME*
- 12.35%
ALIZY
- 1D
- -0.04%
- 1M
- 3.88%
- 6M
- 15.92%
- YTD
- 13.02%
- 1Y
- 34.37%
- 3Y*
- 34.76%
- 5Y*
- 23.07%
- 10Y*
- —
- ALL TIME*
- 17.26%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
ALIZY Allianz SE ADR | $7.56M | $10.55M | $11.42M |
| $3.09M | $6.24M | $7.84M |
VEOEY vs. ALIZY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
VEOEY Veolia Environnement SA ADR | 18.96% | 29.09% | -7.09% | 27.73% | -26.84% | 60.92% | -6.98% |
ALIZY Allianz SE ADR | 13.02% | 56.96% | 20.60% | 31.20% | -4.34% | 0.09% | 5.98% |
Correlation
The correlation between VEOEY and ALIZY is 0.46, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.46 |
Correlation (3Y) Balances recent behavior with more history. | 0.49 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jan 6, 2020 | 0.54 |
The correlation between VEOEY and ALIZY has been stable across timeframes, ranging from 0.46 to 0.55 - a consistent structural relationship.
Fundamentals
VEOEY:
$28.98B
ALIZY:
$189.13B
VEOEY:
€1.57
ALIZY:
€3.17
VEOEY:
10.95
ALIZY:
13.60
VEOEY:
0.85
ALIZY:
0.94
VEOEY:
0.28
ALIZY:
1.15
VEOEY:
3.59
ALIZY:
2.50
VEOEY:
€88.92B
ALIZY:
€141.95B
VEOEY:
€15.59B
ALIZY:
€116.91B
VEOEY:
€12.34B
ALIZY:
€1.56B
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Return for Risk
VEOEY vs. ALIZY — Risk / Return Rank
VEOEY
ALIZY
VEOEY vs. ALIZY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Veolia Environnement SA ADR (VEOEY) and Allianz SE ADR (ALIZY). 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.
| VEOEY | ALIZY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.78 | ||
| Sortino ratioReturn per unit of downside risk | -0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.31 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.44 | 2.55 | -1.11 |
| Martin ratioReturn relative to average drawdown | 3.95 | 6.80 | -2.85 |
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Drawdowns
VEOEY vs. ALIZY - Drawdown Comparison
The maximum VEOEY drawdown since its inception was -48.54%, roughly equal to the maximum ALIZY drawdown of -49.10%. Use the drawdown chart below to compare losses from any high point for VEOEY and ALIZY.
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Drawdown Indicators
| VEOEY | ALIZY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.54% | -49.10% | +0.56% |
Max Drawdown (1Y)Largest decline over 1 year | -15.31% | -13.55% | -1.76% |
Max Drawdown (3Y)Largest decline over 3 years | -21.05% | -13.55% | -7.50% |
Max Drawdown (5Y)Largest decline over 5 years | -48.54% | -37.72% | -10.82% |
Max Drawdown (10Y)Largest decline over 10 years | -48.54% | — | — |
Current DrawdownCurrent decline from peak | -7.82% | -0.22% | -7.60% |
Average DrawdownAverage peak-to-trough decline | -11.20% | -8.48% | -2.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.56% | 5.07% | +0.49% |
Volatility
VEOEY vs. ALIZY - Volatility Comparison
Veolia Environnement SA ADR (VEOEY) has a higher volatility of 7.20% compared to Allianz SE ADR (ALIZY) at 4.02%. This indicates that VEOEY's price experiences larger fluctuations and is considered to be riskier than ALIZY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VEOEY | ALIZY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.20% | 4.02% | +3.18% |
Volatility (6M)Calculated over the trailing 6-month period | 17.63% | 15.17% | +2.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.14% | 19.48% | +2.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.54% | 21.78% | +5.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.29% | 27.44% | -0.15% |
Dividends
VEOEY vs. ALIZY - Dividend Comparison
VEOEY's dividend yield for the trailing twelve months is around 4.39%, more than ALIZY's 3.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALIZY Allianz SE ADR | 3.93% | 3.71% | 4.91% | 4.70% | 5.43% | 4.87% | 2.95% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VEOEY Veolia Environnement SA ADR | 4.39% | 4.43% | 4.72% | 3.90% | 4.10% | 5.11% | 2.23% | 4.50% | 5.06% | 7.54% | 4.95% | 3.35% |
Financials
VEOEY vs. ALIZY - Financials Comparison
This section allows you to compare key financial metrics between Veolia Environnement SA ADR and Allianz SE 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
VEOEY vs. ALIZY - Profitability Comparison
VEOEY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Veolia Environnement SA ADR reported a gross profit of 3.93B and revenue of 22.18B. Therefore, the gross margin over that period was 17.7%.
ALIZY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Allianz SE ADR reported a gross profit of 24.81B and revenue of 31.07B. Therefore, the gross margin over that period was 79.9%.
VEOEY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Veolia Environnement SA ADR reported an operating income of 1.75B and revenue of 22.18B, resulting in an operating margin of 7.9%.
ALIZY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Allianz SE ADR reported an operating income of 5.12B and revenue of 31.07B, resulting in an operating margin of 16.5%.
VEOEY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Veolia Environnement SA ADR reported a net income of 549.90M and revenue of 22.18B, resulting in a net margin of 2.5%.
ALIZY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Allianz SE ADR reported a net income of 3.69B and revenue of 31.07B, resulting in a net margin of 11.9%.
Frequently Asked Questions
VEOEY and ALIZY have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VEOEY has higher volatility (7.20%) compared to ALIZY (4.02%). In terms of maximum drawdown, VEOEY dropped -48.54% vs ALIZY's -49.10%.
ALIZY currently has the higher Sharpe Ratio (1.78 vs 1.00), 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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