ADP.PA vs. AIR.PA

Last updated Jun 5, 2026

ADP.PA (Aeroports de Paris SA) and AIR.PA (Airbus SE) are both stocks. Both are in the Industrials sector — ADP.PA in Airports & Air Services, AIR.PA in Aerospace & Defense. Over the past 10 years, ADP.PA returned 1.78%/yr vs 14.28%/yr for AIR.PA. At a 0.40 correlation, their price movements are largely independent.

Performance

ADP.PA vs. AIR.PA - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Aeroports de Paris SA (ADP.PA) and Airbus SE (AIR.PA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ADP.PA achieves a -1.34% return, which is significantly higher than AIR.PA's -9.14% return. Over the past 10 years, ADP.PA has underperformed AIR.PA with an annualized return of 1.78%, while AIR.PA has yielded a comparatively higher 14.28% annualized return.

ADP.PA

• 1D: -0.83%
• 1M: 1.58%
• YTD: -1.34%
• 6M: -10.79%
• 1Y: -2.65%
• 3Y*: -5.56%
• 5Y*: 1.20%
• 10Y*: 1.78%

AIR.PA

• 1D: 4.55%
• 1M: -6.10%
• YTD: -9.14%
• 6M: -8.35%
• 1Y: 8.92%
• 3Y*: 13.73%
• 5Y*: 11.77%
• 10Y*: 14.28%

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

ADP.PA vs. AIR.PA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ADP.PA Aeroports de Paris SA	-1.34%	2.35%	-1.85%	-4.29%	10.50%	6.79%	-39.75%	8.94%	6.48%	58.54%
AIR.PA Airbus SE	-9.14%	31.06%	11.99%	27.70%	0.22%	25.15%	-31.19%	57.60%	2.84%	34.63%

Correlation

The correlation between ADP.PA and AIR.PA is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.41
Correlation (10Y) Calculated over the trailing 10-year period	0.41
Correlation (All Time) Calculated using the full available price history since Jun 19, 2006	0.40

The correlation between ADP.PA and AIR.PA shifts across timeframes, from 0.30 (1 year) to 0.41 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

ADP.PA vs. AIR.PA — Risk / Return Rank

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

ADP.PA

ADP.PA Risk / Return Rank: 34
ADP.PA Sharpe Ratio Rank: 36
ADP.PA Sortino Ratio Rank: 31
ADP.PA Omega Ratio Rank: 31
ADP.PA Calmar Ratio Rank: 36
ADP.PA Martin Ratio Rank: 36

AIR.PA

AIR.PA Risk / Return Rank: 46
AIR.PA Sharpe Ratio Rank: 49
AIR.PA Sortino Ratio Rank: 43
AIR.PA Omega Ratio Rank: 42
AIR.PA Calmar Ratio Rank: 47
AIR.PA Martin Ratio Rank: 48

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.

ADP.PA vs. AIR.PA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aeroports de Paris SA (ADP.PA) and Airbus SE (AIR.PA). 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.

	ADP.PA	AIR.PA	Difference
Sharpe ratio: Return per unit of total volatility	-0.13	0.21	-0.33
Sortino ratio: Return per unit of downside risk	0.03	0.50	-0.47
Omega ratio: Gain probability vs. loss probability	1.00	1.06	-0.06
Calmar ratio: Return relative to maximum drawdown	-0.16	0.21	-0.37
Martin ratio: Return relative to average drawdown	-0.31	0.48	-0.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ADP.PA vs. AIR.PA - Sharpe Ratio Comparison

The current ADP.PA Sharpe Ratio is -0.13, which is lower than the AIR.PA Sharpe Ratio of 0.21. The chart below compares the historical Sharpe Ratios of ADP.PA and AIR.PA, 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

	ADP.PA	AIR.PA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.13	0.21	-0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.04	0.40	-0.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.06	0.41	-0.35
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.29	-0.08

Drawdowns

ADP.PA vs. AIR.PA - Drawdown Comparison

The maximum ADP.PA drawdown since its inception was -63.33%, smaller than the maximum AIR.PA drawdown of -75.05%. Use the drawdown chart below to compare losses from any high point for ADP.PA and AIR.PA.

Drawdown Indicators

	ADP.PA	AIR.PA	Difference
Max Drawdown Largest peak-to-trough decline	-63.33%	-75.05%	+11.72%
Max Drawdown (1Y) Largest decline over 1 year	-23.52%	-27.71%	+4.19%
Max Drawdown (3Y) Largest decline over 3 years	-31.44%	-27.71%	-3.73%
Max Drawdown (5Y) Largest decline over 5 years	-34.44%	-27.71%	-6.73%
Max Drawdown (10Y) Largest decline over 10 years	-63.33%	-64.70%	+1.37%
Current Drawdown Current decline from peak	-39.13%	-18.13%	-21.00%
Average Drawdown Average peak-to-trough decline	-24.08%	-22.55%	-1.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.93%	12.26%	-0.33%

Volatility

ADP.PA vs. AIR.PA - Volatility Comparison

The current volatility for Aeroports de Paris SA (ADP.PA) is 9.36%, while Airbus SE (AIR.PA) has a volatility of 10.94%. This indicates that ADP.PA experiences smaller price fluctuations and is considered to be less risky than AIR.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ADP.PA	AIR.PA	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.36%	10.94%	-1.58%
Volatility (6M) Calculated over the trailing 6-month period	25.47%	23.68%	+1.79%
Volatility (1Y) Calculated over the trailing 1-year period	29.40%	28.51%	+0.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.71%	28.65%	-0.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.04%	34.70%	-3.66%

Dividends

ADP.PA vs. AIR.PA - Dividend Comparison

ADP.PA's dividend yield for the trailing twelve months is around 2.80%, more than AIR.PA's 1.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ADP.PA Aeroports de Paris SA	2.80%	2.69%	3.42%	2.67%	0.00%	0.00%	0.00%	2.10%	2.09%	1.67%	2.56%	2.93%
AIR.PA Airbus SE	1.81%	1.51%	1.16%	1.29%	1.35%	0.00%	0.00%	1.26%	1.79%	1.63%	2.07%	1.94%

Financials

Frequently Asked Questions

Can I hold both ADP.PA and AIR.PA in my portfolio?

ADP.PA and AIR.PA have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.