VEON vs. SFM

Last updated Jun 3, 2026

VEON (VEON Ltd.) and SFM (Sprouts Farmers Market, Inc.) are both stocks. VEON operates in Telecom Services (Communication Services), while SFM operates in Grocery Stores (Consumer Defensive). Over the past 10 years, VEON returned -2.27%/yr vs 12.31%/yr for SFM. At a 0.09 correlation, their price movements are largely independent.

Performance

VEON vs. SFM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VEON Ltd. (VEON) and Sprouts Farmers Market, Inc. (SFM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VEON achieves a 5.19% return, which is significantly higher than SFM's -2.03% return. Over the past 10 years, VEON has underperformed SFM with an annualized return of -2.27%, while SFM has yielded a comparatively higher 12.31% annualized return.

VEON

• 1D: 0.38%
• 1M: 9.96%
• YTD: 5.19%
• 6M: 6.37%
• 1Y: 2.31%
• 3Y*: 43.13%
• 5Y*: 3.64%
• 10Y*: -2.27%

SFM

• 1D: -2.12%
• 1M: -3.87%
• YTD: -2.03%
• 6M: -7.97%
• 1Y: -56.53%
• 3Y*: 33.15%
• 5Y*: 23.15%
• 10Y*: 12.31%

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

VEON vs. SFM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VEON VEON Ltd.	5.19%	31.10%	103.55%	60.82%	-71.35%	13.25%	-37.09%	18.88%	-34.17%	5.59%
SFM Sprouts Farmers Market, Inc.	-2.03%	-37.30%	164.12%	48.63%	9.06%	47.66%	3.88%	-17.69%	-3.45%	28.70%

Correlation

The correlation between VEON and SFM is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.03
Correlation (10Y) Calculated over the trailing 10-year period	0.05
Correlation (All Time) Calculated using the full available price history since Aug 2, 2013	0.09

Fundamentals

Market Cap VEON : $3.95B SFM : $7.46B
EPS VEON : $8.09 SFM : $5.20
PE Ratio VEON : 6.84 SFM : 15.02
PEG Ratio VEON : 2.73 SFM : 0.55
PS Ratio VEON : 0.79 SFM : 0.86
PB Ratio VEON : 2.69 SFM : 5.20
Total Revenue (TTM) VEON : $4.59B SFM : $8.90B
Gross Profit (TTM) VEON : $3.63B SFM : $3.41B
EBITDA (TTM) VEON : $1.69B SFM : $837.54M

Return for Risk

VEON vs. SFM — Risk / Return Rank

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

VEON

VEON Risk / Return Rank: 42
VEON Sharpe Ratio Rank: 41
VEON Sortino Ratio Rank: 41
VEON Omega Ratio Rank: 41
VEON Calmar Ratio Rank: 43
VEON Martin Ratio Rank: 43

SFM

SFM Risk / Return Rank: 5
SFM Sharpe Ratio Rank: 2
SFM Sortino Ratio Rank: 2
SFM Omega Ratio Rank: 2
SFM Calmar Ratio Rank: 7
SFM Martin Ratio Rank: 14

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.

VEON vs. SFM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VEON Ltd. (VEON) and Sprouts Farmers Market, Inc. (SFM). 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.

	VEON	SFM	Difference
Sharpe ratio Return per unit of total volatility	0.04	-1.24	+1.28
Sortino ratio Return per unit of downside risk	0.48	-1.99	+2.47
Omega ratio Gain probability vs. loss probability	1.06	0.73	+0.33
Calmar ratio Return relative to maximum drawdown	0.15	-0.86	+1.01
Martin ratio Return relative to average drawdown	0.27	-1.19	+1.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VEON vs. SFM - Sharpe Ratio Comparison

The current VEON Sharpe Ratio is 0.04, which is higher than the SFM Sharpe Ratio of -1.24. The chart below compares the historical Sharpe Ratios of VEON and SFM, 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

	VEON	SFM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.04	-1.24	+1.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	0.59	-0.54
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.04	0.33	-0.37
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	0.14	-0.10

Drawdowns

VEON vs. SFM - Drawdown Comparison

The maximum VEON drawdown since its inception was -98.74%, which is greater than SFM's maximum drawdown of -72.88%. Use the drawdown chart below to compare losses from any high point for VEON and SFM.

Drawdown Indicators

	VEON	SFM	Difference
Max Drawdown Largest peak-to-trough decline	-98.74%	-72.88%	-25.86%
Max Drawdown (1Y) Largest decline over 1 year	-30.54%	-62.58%	+32.04%
Max Drawdown (3Y) Largest decline over 3 years	-32.15%	-63.48%	+31.33%
Max Drawdown (5Y) Largest decline over 5 years	-88.66%	-63.48%	-25.18%
Max Drawdown (10Y) Largest decline over 10 years	-92.52%	-63.48%	-29.04%
Current Drawdown Current decline from peak	-89.42%	-56.53%	-32.89%
Average Drawdown Average peak-to-trough decline	-62.58%	-40.26%	-22.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.56%	46.08%	-29.52%

Volatility

VEON vs. SFM - Volatility Comparison

VEON Ltd. (VEON) has a higher volatility of 15.38% compared to Sprouts Farmers Market, Inc. (SFM) at 13.13%. This indicates that VEON's price experiences larger fluctuations and is considered to be riskier than SFM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VEON	SFM	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.38%	13.13%	+2.25%
Volatility (6M) Calculated over the trailing 6-month period	34.41%	29.86%	+4.55%
Volatility (1Y) Calculated over the trailing 1-year period	56.66%	45.86%	+10.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	69.18%	39.18%	+30.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.98%	37.78%	+18.20%

Dividends

VEON vs. SFM - Dividend Comparison

Neither VEON nor SFM has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SFM Sprouts Farmers Market, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VEON VEON Ltd.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	7.62%	9.58%	9.47%	5.97%	0.68%	0.80%

Financials

VEON vs. SFM - Profitability Comparison

The chart below illustrates the profitability comparison between VEON Ltd. and Sprouts Farmers Market, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

VEON - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, VEON Ltd. reported a gross profit of 844.74M and revenue of 1.21B. Therefore, the gross margin over that period was 70.0%.

SFM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sprouts Farmers Market, Inc. reported a gross profit of 917.28M and revenue of 2.33B. Therefore, the gross margin over that period was 39.4%.

VEON - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, VEON Ltd. reported an operating income of 309.37M and revenue of 1.21B, resulting in an operating margin of 25.7%.

SFM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sprouts Farmers Market, Inc. reported an operating income of 215.31M and revenue of 2.33B, resulting in an operating margin of 9.2%.

VEON - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, VEON Ltd. reported a net income of 99.44M and revenue of 1.21B, resulting in a net margin of 8.2%.

SFM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sprouts Farmers Market, Inc. reported a net income of 163.72M and revenue of 2.33B, resulting in a net margin of 7.0%.

Frequently Asked Questions

Can I hold both VEON and SFM in my portfolio?

VEON and SFM have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VEON or SFM?

VEON has higher volatility (15.38%) compared to SFM (13.13%). In terms of maximum drawdown, VEON dropped -98.74% vs SFM's -72.88%.

Which has better risk-adjusted returns?

VEON currently has the higher Sharpe Ratio (0.04 vs -1.24), 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.