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ZURN.SW vs. CHDVD.SW
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ZURN.SW vs. CHDVD.SW

Last updated Jun 13, 2026

ZURN.SW (Zurich Insurance Group AG) is a stock, while CHDVD.SW (iShares Swiss Dividend ETF (CH)) is Europe Equities fund tracking the SPI® Select Dividend 20 Index. Over the past 10 years, ZURN.SW returned 16.20%/yr vs 10.31%/yr for CHDVD.SW. A 0.70 correlation means they provide meaningful diversification when combined.

Performance

ZURN.SW vs. CHDVD.SW - Performance Comparison

The chart below illustrates the hypothetical performance of a CHF 10,000 investment in Zurich Insurance Group AG (ZURN.SW) and iShares Swiss Dividend ETF (CH) (CHDVD.SW). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ZURN.SW achieves a -1.11% return, which is significantly lower than CHDVD.SW's 4.55% return. Over the past 10 years, ZURN.SW has outperformed CHDVD.SW with an annualized return of 16.20%, while CHDVD.SW has yielded a comparatively lower 10.31% annualized return.

ZURN.SW

1D
0.61%
1M
-0.32%
YTD
-1.11%
6M
1.94%
1Y
6.04%
3Y*
15.97%
5Y*
14.72%
10Y*
16.20%

CHDVD.SW

1D
1.11%
1M
2.69%
YTD
4.55%
6M
7.67%
1Y
13.41%
3Y*
10.87%
5Y*
6.99%
10Y*
10.31%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ZURN.SW vs. CHDVD.SW - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ZURN.SW
Zurich Insurance Group AG		-1.11%17.58%29.76%4.89%16.11%12.78%0.06%43.68%4.39%12.59%
CHDVD.SW
iShares Swiss Dividend ETF (CH)		4.55%18.82%8.21%9.62%-11.28%23.80%4.19%32.79%-5.07%16.19%

Correlation

The correlation between ZURN.SW and CHDVD.SW is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.66

Correlation (3Y)
Calculated over the trailing 3-year period

0.69

Correlation (5Y)
Calculated over the trailing 5-year period

0.67

Correlation (10Y)
Calculated over the trailing 10-year period

0.69

Correlation (All Time)
Calculated using the full available price history since Apr 28, 2014

0.70

The correlation between ZURN.SW and CHDVD.SW has been stable across timeframes, ranging from 0.66 to 0.70 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Zurich Insurance Group AG

iShares Swiss Dividend ETF (CH)

Often compared with ZURN.SW:
ZURN.SW vs. SLHN.SWZURN.SW vs. SREN.SWZURN.SW vs. ALV.DEZURN.SW vs. ^SSMIZURN.SW vs. PGHN.SWZURN.SW vs. SIKA.SWZURN.SW vs. IVV
Often compared with CHDVD.SW:
CHDVD.SW vs. CHSPI.SWCHDVD.SW vs. SPICHA.SWCHDVD.SW vs. CHF=XCHDVD.SW vs. ZPDX.DECHDVD.SW vs. EXIA.DECHDVD.SW vs. HDVCHDVD.SW vs. QQQ

Return for Risk

ZURN.SW vs. CHDVD.SW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ZURN.SW
ZURN.SW Risk / Return Rank: 5151
Overall Rank
ZURN.SW Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
ZURN.SW Sortino Ratio Rank: 4545
Sortino Ratio Rank
ZURN.SW Omega Ratio Rank: 4646
Omega Ratio Rank
ZURN.SW Calmar Ratio Rank: 5454
Calmar Ratio Rank
ZURN.SW Martin Ratio Rank: 5454
Martin Ratio Rank
CHDVD.SW
CHDVD.SW Risk / Return Rank: 3232
Overall Rank
CHDVD.SW Sharpe Ratio Rank: 3232
Sharpe Ratio Rank
CHDVD.SW Sortino Ratio Rank: 3131
Sortino Ratio Rank
CHDVD.SW Omega Ratio Rank: 3131
Omega Ratio Rank
CHDVD.SW Calmar Ratio Rank: 3030
Calmar Ratio Rank
CHDVD.SW Martin Ratio Rank: 3434
Martin Ratio Rank
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.

ZURN.SW vs. CHDVD.SW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Zurich Insurance Group AG (ZURN.SW) and iShares Swiss Dividend ETF (CH) (CHDVD.SW). 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.

ZURN.SWCHDVD.SWDifference
Sharpe ratioReturn per unit of total volatility
0.33
1.02

-0.69

Sortino ratioReturn per unit of downside risk
0.54
1.50

-0.96

Omega ratioGain probability vs. loss probability

1.07

1.19

-0.11

Calmar ratioReturn relative to maximum drawdown

0.45

1.33

-0.89

Martin ratioReturn relative to average drawdown

1.07

4.51

-3.44

ZURN.SW vs. CHDVD.SW - Sharpe Ratio Comparison

The current ZURN.SW Sharpe Ratio is 0.33, which is lower than the CHDVD.SW Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of ZURN.SW and CHDVD.SW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

ZURN.SW vs. CHDVD.SW - Drawdown Comparison

The maximum ZURN.SW drawdown since its inception was -65.97%, which is greater than CHDVD.SW's maximum drawdown of -30.09%. Use the drawdown chart below to compare losses from any high point for ZURN.SW and CHDVD.SW.

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Drawdown Indicators

ZURN.SWCHDVD.SWDifference

Max Drawdown

Largest peak-to-trough decline

-65.97%

-30.09%

-35.88%

Max Drawdown (1Y)

Largest decline over 1 year

-12.55%

-9.09%

-3.46%

Max Drawdown (3Y)

Largest decline over 3 years

-14.34%

-14.72%

+0.38%

Max Drawdown (5Y)

Largest decline over 5 years

-15.31%

-17.77%

+2.46%

Max Drawdown (10Y)

Largest decline over 10 years

-39.33%

-30.09%

-9.24%

Current Drawdown

Current decline from peak

-1.73%

-0.75%

-0.98%

Average Drawdown

Average peak-to-trough decline

-12.49%

-4.69%

-7.80%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.33%

2.88%

+2.45%

Volatility

ZURN.SW vs. CHDVD.SW - Volatility Comparison

Zurich Insurance Group AG (ZURN.SW) has a higher volatility of 5.58% compared to iShares Swiss Dividend ETF (CH) (CHDVD.SW) at 3.51%. This indicates that ZURN.SW's price experiences larger fluctuations and is considered to be riskier than CHDVD.SW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ZURN.SWCHDVD.SWDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.58%

3.51%

+2.07%

Volatility (6M)

Calculated over the trailing 6-month period

14.28%

9.56%

+4.72%

Volatility (1Y)

Calculated over the trailing 1-year period

17.11%

11.85%

+5.26%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.05%

12.94%

+4.11%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.43%

14.61%

+4.82%

Dividends

ZURN.SW vs. CHDVD.SW - Dividend Comparison

ZURN.SW's dividend yield for the trailing twelve months is around 5.32%, more than CHDVD.SW's 3.56% yield.

PositionTTM20252024202320222021202020192018201720162015
CHDVD.SW
iShares Swiss Dividend ETF (CH)		3.56%3.46%2.80%3.48%2.55%2.92%3.07%2.34%3.22%3.50%2.70%3.13%
ZURN.SW
Zurich Insurance Group AG		5.32%4.65%4.83%5.46%4.97%5.00%5.35%4.78%5.66%5.73%6.06%6.58%

Frequently Asked Questions

ZURN.SW and CHDVD.SW have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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