AF.PA vs. AFLYY
AF.PA (Air France-KLM SA) and AFLYY (Air France KLM SA) are both stocks. Both operate in the Airlines industry within the Industrials sector. Over the past 10 years, AF.PA returned -10.98%/yr vs -17.12%/yr for AFLYY. Their correlation of 0.83 suggests significant overlap in exposure.
Performance
AF.PA vs. AFLYY - Performance Comparison
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Different Trading Currencies
AF.PA is traded in EUR, while AFLYY is traded in USD. To make them comparable, the AFLYY values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, AF.PA achieves a -1.43% return, which is significantly lower than AFLYY's -0.35% return. Over the past 10 years, AF.PA has outperformed AFLYY with an annualized return of -10.98%, while AFLYY has yielded a comparatively lower -17.12% annualized return.
AF.PA
- 1D
- -0.13%
- 1M
- 26.67%
- YTD
- -1.43%
- 6M
- 2.98%
- 1Y
- 16.07%
- 3Y*
- -12.33%
- 5Y*
- -13.17%
- 10Y*
- -10.98%
AFLYY
- 1D
- -2.44%
- 1M
- 19.83%
- YTD
- -0.35%
- 6M
- 3.78%
- 1Y
- 14.49%
- 3Y*
- -13.00%
- 5Y*
- -24.91%
- 10Y*
- -17.12%
AF.PA vs. AFLYY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AF.PA Air France-KLM SA | -1.43% | 42.36% | -40.23% | 10.41% | -36.95% | -24.40% | -48.41% | 4.69% | -30.19% | 162.47% |
AFLYY Air France KLM SA | -0.35% | 42.20% | -44.73% | 11.27% | -67.10% | -24.39% | -48.04% | 3.54% | -29.86% | 165.83% |
Correlation
The correlation between AF.PA and AFLYY is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.85 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Feb 8, 2008 | 0.83 |
The correlation between AF.PA and AFLYY shifts across timeframes, from 0.67 (3 years) to 0.85 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
AF.PA vs. AFLYY — Risk / Return Rank
AF.PA
AFLYY
AF.PA vs. AFLYY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Air France-KLM SA (AF.PA) and Air France KLM SA (AFLYY). 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.
| AF.PA | AFLYY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.09 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.37 | 0.35 | +0.02 |
| Martin ratioReturn relative to average drawdown | 0.65 | 0.58 | +0.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AF.PA | AFLYY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.31 | 0.27 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.28 | -0.46 | +0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.23 | -0.33 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.13 | -0.28 | +0.15 |
Drawdowns
AF.PA vs. AFLYY - Drawdown Comparison
The maximum AF.PA drawdown since its inception was -96.12%, roughly equal to the maximum AFLYY drawdown of -96.55%. Use the drawdown chart below to compare losses from any high point for AF.PA and AFLYY.
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Drawdown Indicators
| AF.PA | AFLYY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.12% | -96.55% | +0.43% |
Max Drawdown (1Y)Largest decline over 1 year | -42.68% | -41.41% | -1.27% |
Max Drawdown (3Y)Largest decline over 3 years | -60.72% | -60.97% | +0.25% |
Max Drawdown (5Y)Largest decline over 5 years | -70.52% | -85.44% | +14.92% |
Max Drawdown (10Y)Largest decline over 10 years | -90.22% | -95.18% | +4.96% |
Current DrawdownCurrent decline from peak | -93.72% | -94.46% | +0.74% |
Average DrawdownAverage peak-to-trough decline | -69.29% | -66.26% | -3.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.48% | 24.97% | -0.49% |
Volatility
AF.PA vs. AFLYY - Volatility Comparison
The current volatility for Air France-KLM SA (AF.PA) is 13.23%, while Air France KLM SA (AFLYY) has a volatility of 14.65%. This indicates that AF.PA experiences smaller price fluctuations and is considered to be less risky than AFLYY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AF.PA | AFLYY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.23% | 14.65% | -1.42% |
Volatility (6M)Calculated over the trailing 6-month period | 38.81% | 40.23% | -1.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.58% | 53.42% | -1.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.43% | 54.22% | -7.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.23% | 52.04% | -5.81% |
Dividends
AF.PA vs. AFLYY - Dividend Comparison
Neither AF.PA nor AFLYY has paid dividends to shareholders.
Financials
AF.PA vs. AFLYY - Financials Comparison
This section allows you to compare key financial metrics between Air France-KLM SA and Air France KLM SA. 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
Frequently Asked Questions
AF.PA and AFLYY have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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