AM.PA vs. DRS

Last updated Jun 13, 2026

AM.PA (Dassault Aviation SA) and DRS (Leonardo DRS Inc. Common Stock) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 3 years, AM.PA returned 22.09%/yr vs 39.05%/yr for DRS. At a 0.19 correlation, their price movements are largely independent.

Performance

AM.PA vs. DRS - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Dassault Aviation SA (AM.PA) and Leonardo DRS Inc. Common Stock (DRS). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, AM.PA achieves a 10.33% return, which is significantly lower than DRS's 45.13% return.

AM.PA

• 1D: -1.07%
• 1M: 6.74%
• YTD: 10.33%
• 6M: 10.98%
• 1Y: -0.89%
• 3Y*: 22.09%
• 5Y*: 25.58%
• 10Y*: 19.12%

DRS

• 1D: -2.26%
• 1M: 15.88%
• YTD: 45.13%
• 6M: 43.49%
• 1Y: 8.29%
• 3Y*: 39.05%
• 5Y*: —
• 10Y*: —

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

AM.PA vs. DRS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AM.PA Dassault Aviation SA	10.33%	40.99%	11.84%	15.24%	5.47%
DRS Leonardo DRS Inc. Common Stock	45.13%	-6.08%	71.87%	52.11%	6.74%

Correlation

The correlation between AM.PA and DRS is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (All Time) Calculated using the full available price history since Nov 29, 2022	0.19

The correlation between AM.PA and DRS shifts across timeframes, from 0.19 (all time) to 0.35 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

AM.PA vs. DRS — Risk / Return Rank

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

AM.PA

AM.PA Risk / Return Rank: 39
AM.PA Sharpe Ratio Rank: 42
AM.PA Sortino Ratio Rank: 36
AM.PA Omega Ratio Rank: 36
AM.PA Calmar Ratio Rank: 42
AM.PA Martin Ratio Rank: 41

DRS

DRS Risk / Return Rank: 48
DRS Sharpe Ratio Rank: 50
DRS Sortino Ratio Rank: 46
DRS Omega Ratio Rank: 45
DRS Calmar Ratio Rank: 49
DRS Martin Ratio Rank: 49

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.

AM.PA vs. DRS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dassault Aviation SA (AM.PA) and Leonardo DRS Inc. Common Stock (DRS). 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.

	AM.PA	DRS	Difference
Sharpe ratio: Return per unit of total volatility	-0.03	0.21	-0.24
Sortino ratio: Return per unit of downside risk	0.17	0.60	-0.43
Omega ratio: Gain probability vs. loss probability	1.02	1.07	-0.05
Calmar ratio: Return relative to maximum drawdown	-0.04	0.25	-0.29
Martin ratio: Return relative to average drawdown	-0.09	0.50	-0.59

AM.PA vs. DRS - Sharpe Ratio Comparison

The current AM.PA Sharpe Ratio is -0.03, which is lower than the DRS Sharpe Ratio of 0.21. The chart below compares the historical Sharpe Ratios of AM.PA and DRS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AM.PA vs. DRS - Drawdown Comparison

The maximum AM.PA drawdown since its inception was -55.76%, which is greater than DRS's maximum drawdown of -33.28%. Use the drawdown chart below to compare losses from any high point for AM.PA and DRS.

Drawdown Indicators

	AM.PA	DRS	Difference
Max Drawdown Largest peak-to-trough decline	-55.76%	-33.28%	-22.48%
Max Drawdown (1Y) Largest decline over 1 year	-20.80%	-33.28%	+12.48%
Max Drawdown (3Y) Largest decline over 3 years	-22.02%	-33.28%	+11.26%
Max Drawdown (5Y) Largest decline over 5 years	-29.32%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-55.76%	—	—
Current Drawdown Current decline from peak	-14.52%	-2.26%	-12.26%
Average Drawdown Average peak-to-trough decline	-12.09%	-7.58%	-4.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.11%	16.51%	-6.40%

Volatility

AM.PA vs. DRS - Volatility Comparison

The current volatility for Dassault Aviation SA (AM.PA) is 7.81%, while Leonardo DRS Inc. Common Stock (DRS) has a volatility of 12.79%. This indicates that AM.PA experiences smaller price fluctuations and is considered to be less risky than DRS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AM.PA	DRS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.81%	12.79%	-4.98%
Volatility (6M) Calculated over the trailing 6-month period	24.02%	31.49%	-7.47%
Volatility (1Y) Calculated over the trailing 1-year period	30.73%	40.22%	-9.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.14%	38.94%	-9.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.96%	38.94%	-8.98%

Dividends

AM.PA vs. DRS - Dividend Comparison

AM.PA's dividend yield for the trailing twelve months is around 1.61%, more than DRS's 0.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AM.PA Dassault Aviation SA	1.61%	1.72%	1.71%	1.67%	1.57%	12.95%	0.00%	18.12%	12.64%	9.32%	11.40%	8.72%
DRS Leonardo DRS Inc. Common Stock	0.74%	1.06%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both AM.PA and DRS in my portfolio?

AM.PA and DRS have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.