AVIO.MI vs. FLY
AVIO.MI (Avio S.p.A.) and FLY (Firefly Aerospace Inc) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. At a 0.39 correlation, their price movements are largely independent.
Performance
AVIO.MI vs. FLY - Performance Comparison
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Different Trading Currencies
AVIO.MI is traded in EUR, while FLY is traded in USD. To make them comparable, the FLY values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, AVIO.MI achieves a 7.68% return, which is significantly lower than FLY's 35.35% return.
AVIO.MI
- 1D
- 6.68%
- 1M
- -26.98%
- YTD
- 7.68%
- 6M
- 7.68%
- 1Y
- 33.64%
- 3Y*
- 51.16%
- 5Y*
- 21.39%
- 10Y*
- 6.15%
FLY
- 1D
- 1.38%
- 1M
- -35.38%
- YTD
- 35.35%
- 6M
- 33.26%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AVIO.MI vs. FLY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AVIO.MI Avio S.p.A. | 7.68% | -16.14% |
FLY Firefly Aerospace Inc | 35.35% | -68.27% |
Correlation
The correlation between AVIO.MI and FLY is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 7, 2025 | 0.39 |
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Return for Risk
AVIO.MI vs. FLY — Risk / Return Rank
AVIO.MI
FLY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
AVIO.MI vs. FLY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avio S.p.A. (AVIO.MI) and Firefly Aerospace Inc (FLY). 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.
| AVIO.MI | FLY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.14 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.60 | — | — |
| Martin ratioReturn relative to average drawdown | 1.01 | — | — |
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Drawdowns
AVIO.MI vs. FLY - Drawdown Comparison
The maximum AVIO.MI drawdown since its inception was -66.65%, smaller than the maximum FLY drawdown of -75.88%. Use the drawdown chart below to compare losses from any high point for AVIO.MI and FLY.
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Drawdown Indicators
| AVIO.MI | FLY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.65% | -75.88% | +9.23% |
Max Drawdown (1Y)Largest decline over 1 year | -56.23% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -56.23% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -56.23% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -66.65% | — | — |
Current DrawdownCurrent decline from peak | -42.12% | -57.06% | +14.94% |
Average DrawdownAverage peak-to-trough decline | -35.70% | -55.62% | +19.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.31% | — | — |
Volatility
AVIO.MI vs. FLY - Volatility Comparison
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Volatility by Period
| AVIO.MI | FLY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.94% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 43.66% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 67.84% | 114.64% | -46.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.96% | 114.64% | -71.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.00% | 114.64% | -75.64% |
Dividends
AVIO.MI vs. FLY - Dividend Comparison
AVIO.MI's dividend yield for the trailing twelve months is around 0.47%, while FLY has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
AVIO.MI Avio S.p.A. | 0.47% | 0.41% | 1.07% | 0.00% | 1.86% | 2.44% | 0.00% | 3.17% | 3.41% |
FLY Firefly Aerospace Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
AVIO.MI vs. FLY - Financials Comparison
This section allows you to compare key financial metrics between Avio S.p.A. and Firefly Aerospace Inc. 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
AVIO.MI and FLY have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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