VRLA.PA vs. CNQ

Last updated Jun 5, 2026

VRLA.PA (Verallia) and CNQ (Canadian Natural Resources Limited) are both stocks. VRLA.PA operates in Packaging & Containers (Consumer Cyclical), while CNQ operates in Oil & Gas E&P (Energy). Over the past 5 years, VRLA.PA returned -4.20%/yr vs 27.45%/yr for CNQ. At a 0.11 correlation, their price movements are largely independent.

Performance

VRLA.PA vs. CNQ - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Verallia (VRLA.PA) and Canadian Natural Resources Limited (CNQ). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VRLA.PA is traded in EUR, while CNQ is traded in USD. To make them comparable, the CNQ values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, VRLA.PA achieves a -8.48% return, which is significantly lower than CNQ's 38.91% return.

VRLA.PA

• 1D: 1.42%
• 1M: -1.57%
• YTD: -8.48%
• 6M: -12.73%
• 1Y: -25.26%
• 3Y*: -10.91%
• 5Y*: -4.20%
• 10Y*: —

CNQ

• 1D: -3.34%
• 1M: 2.13%
• YTD: 38.91%
• 6M: 36.20%
• 1Y: 53.74%
• 3Y*: 20.54%
• 5Y*: 27.45%
• 10Y*: 16.88%

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

VRLA.PA vs. CNQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
VRLA.PA Verallia	-8.48%	0.45%	-26.18%	14.45%	6.78%	9.92%	-0.79%	7.69%
CNQ Canadian Natural Resources Limited	38.91%	1.87%	5.20%	20.01%	51.67%	97.28%	-25.73%	24.85%

Correlation

The correlation between VRLA.PA and CNQ is -0.02, 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	-0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (All Time) Calculated using the full available price history since Oct 7, 2019	0.11

The correlation between VRLA.PA and CNQ shifts across timeframes, from -0.02 (1 year) to 0.11 (all time), reflecting how their relationship changes across market environments.

Return for Risk

VRLA.PA vs. CNQ — Risk / Return Rank

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

VRLA.PA

VRLA.PA Risk / Return Rank: 13
VRLA.PA Sharpe Ratio Rank: 7
VRLA.PA Sortino Ratio Rank: 8
VRLA.PA Omega Ratio Rank: 9
VRLA.PA Calmar Ratio Rank: 23
VRLA.PA Martin Ratio Rank: 19

CNQ

CNQ Risk / Return Rank: 84
CNQ Sharpe Ratio Rank: 87
CNQ Sortino Ratio Rank: 81
CNQ Omega Ratio Rank: 81
CNQ Calmar Ratio Rank: 87
CNQ Martin Ratio Rank: 85

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.

VRLA.PA vs. CNQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Verallia (VRLA.PA) and Canadian Natural Resources Limited (CNQ). 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.

	VRLA.PA	CNQ	Difference
Sharpe ratio: Return per unit of total volatility	-0.91	1.79	-2.70
Sortino ratio: Return per unit of downside risk	-1.24	2.26	-3.50
Omega ratio: Gain probability vs. loss probability	0.84	1.30	-0.45
Calmar ratio: Return relative to maximum drawdown	-0.54	3.37	-3.91
Martin ratio: Return relative to average drawdown	-1.08	7.49	-8.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VRLA.PA vs. CNQ - Sharpe Ratio Comparison

The current VRLA.PA Sharpe Ratio is -0.91, which is lower than the CNQ Sharpe Ratio of 1.79. The chart below compares the historical Sharpe Ratios of VRLA.PA and CNQ, 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

	VRLA.PA	CNQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.91	1.79	-2.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.14	0.85	-0.99
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.42	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.01	0.25	-0.26

Drawdowns

VRLA.PA vs. CNQ - Drawdown Comparison

The maximum VRLA.PA drawdown since its inception was -60.59%, smaller than the maximum CNQ drawdown of -76.16%. Use the drawdown chart below to compare losses from any high point for VRLA.PA and CNQ.

Drawdown Indicators

	VRLA.PA	CNQ	Difference
Max Drawdown Largest peak-to-trough decline	-60.59%	-76.16%	+15.57%
Max Drawdown (1Y) Largest decline over 1 year	-46.31%	-16.02%	-30.29%
Max Drawdown (3Y) Largest decline over 3 years	-60.59%	-37.09%	-23.50%
Max Drawdown (5Y) Largest decline over 5 years	-60.59%	-37.09%	-23.50%
Max Drawdown (10Y) Largest decline over 10 years	—	-76.16%	—
Current Drawdown Current decline from peak	-46.76%	-8.86%	-37.90%
Average Drawdown Average peak-to-trough decline	-22.29%	-21.33%	-0.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.20%	7.19%	+16.01%

Volatility

VRLA.PA vs. CNQ - Volatility Comparison

The current volatility for Verallia (VRLA.PA) is 6.94%, while Canadian Natural Resources Limited (CNQ) has a volatility of 9.11%. This indicates that VRLA.PA experiences smaller price fluctuations and is considered to be less risky than CNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VRLA.PA	CNQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.94%	9.11%	-2.17%
Volatility (6M) Calculated over the trailing 6-month period	22.94%	24.61%	-1.67%
Volatility (1Y) Calculated over the trailing 1-year period	27.44%	30.10%	-2.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.28%	32.45%	-2.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.08%	40.27%	-7.19%

Dividends

VRLA.PA vs. CNQ - Dividend Comparison

VRLA.PA's dividend yield for the trailing twelve months is around 5.00%, more than CNQ's 3.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CNQ Canadian Natural Resources Limited	3.81%	5.01%	5.02%	4.17%	6.31%	3.78%	5.26%	3.49%	4.56%	3.08%	2.94%	4.21%
VRLA.PA Verallia	5.00%	7.40%	8.86%	4.02%	3.31%	3.07%	2.93%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both VRLA.PA and CNQ in my portfolio?

VRLA.PA and CNQ have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.