BA.L vs. LDO.MI
Compare and contrast key facts about BAE Systems plc (BA.L) and Leonardo S.p.A. (LDO.MI).
Performance
BA.L vs. LDO.MI - Performance Comparison
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BA.L vs. LDO.MI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BA.L BAE Systems plc | 28.35% | 52.12% | 5.88% | 33.31% | 60.92% | 17.57% | -9.28% | 28.43% | -16.75% | 0.30% |
LDO.MI Leonardo S.p.A. | 18.47% | 101.68% | 68.15% | 83.89% | 36.92% | -0.92% | -38.92% | 30.85% | -20.28% | -21.74% |
Different Trading Currencies
BA.L is traded in GBp, while LDO.MI is traded in EUR. To make them comparable, the LDO.MI values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, BA.L achieves a 28.35% return, which is significantly higher than LDO.MI's 18.47% return. Both investments have delivered pretty close results over the past 10 years, with BA.L having a 20.07% annualized return and LDO.MI not far ahead at 20.46%.
BA.L
- 1D
- 3.19%
- 1M
- 4.17%
- YTD
- 28.35%
- 6M
- 7.62%
- 1Y
- 43.80%
- 3Y*
- 33.90%
- 5Y*
- 37.94%
- 10Y*
- 20.07%
LDO.MI
- 1D
- 4.98%
- 1M
- 2.05%
- YTD
- 18.47%
- 6M
- 7.79%
- 1Y
- 36.88%
- 3Y*
- 76.92%
- 5Y*
- 54.99%
- 10Y*
- 20.46%
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Return for Risk
BA.L vs. LDO.MI — Risk / Return Rank
BA.L
LDO.MI
BA.L vs. LDO.MI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BAE Systems plc (BA.L) and Leonardo S.p.A. (LDO.MI). 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.
| BA.L | LDO.MI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.46 | 0.87 | +0.59 |
Sortino ratioReturn per unit of downside risk | 2.03 | 1.34 | +0.69 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.17 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.95 | 1.95 | -0.01 |
Martin ratioReturn relative to average drawdown | 4.85 | 4.15 | +0.70 |
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
| BA.L | LDO.MI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.46 | 0.87 | +0.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.50 | 1.57 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.81 | 0.55 | +0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.22 | +0.11 |
Correlation
The correlation between BA.L and LDO.MI is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
BA.L vs. LDO.MI - Dividend Comparison
BA.L's dividend yield for the trailing twelve months is around 1.55%, more than LDO.MI's 0.90% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BA.L BAE Systems plc | 1.55% | 1.99% | 2.69% | 2.53% | 2.99% | 4.40% | 4.75% | 4.00% | 4.79% | 3.75% | 3.57% | 4.14% |
LDO.MI Leonardo S.p.A. | 0.90% | 1.06% | 1.08% | 0.94% | 1.74% | 0.00% | 2.37% | 1.34% | 1.82% | 1.41% | 0.00% | 0.00% |
Drawdowns
BA.L vs. LDO.MI - Drawdown Comparison
The maximum BA.L drawdown since its inception was -84.46%, roughly equal to the maximum LDO.MI drawdown of -84.72%. Use the drawdown chart below to compare losses from any high point for BA.L and LDO.MI.
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Drawdown Indicators
| BA.L | LDO.MI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.46% | -90.12% | +5.66% |
Max Drawdown (1Y)Largest decline over 1 year | -21.30% | -19.98% | -1.32% |
Max Drawdown (5Y)Largest decline over 5 years | -21.30% | -33.70% | +12.40% |
Max Drawdown (10Y)Largest decline over 10 years | -37.80% | -73.16% | +35.36% |
Current DrawdownCurrent decline from peak | -5.62% | -9.68% | +4.06% |
Average DrawdownAverage peak-to-trough decline | -21.40% | -53.07% | +31.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.54% | 10.10% | -1.56% |
Volatility
BA.L vs. LDO.MI - Volatility Comparison
The current volatility for BAE Systems plc (BA.L) is 11.37%, while Leonardo S.p.A. (LDO.MI) has a volatility of 15.28%. This indicates that BA.L experiences smaller price fluctuations and is considered to be less risky than LDO.MI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BA.L | LDO.MI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.37% | 15.28% | -3.91% |
Volatility (6M)Calculated over the trailing 6-month period | 22.01% | 27.61% | -5.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.92% | 42.44% | -12.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.32% | 34.71% | -9.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.76% | 36.87% | -12.11% |
Financials
BA.L vs. LDO.MI - Financials Comparison
This section allows you to compare key financial metrics between BAE Systems plc and Leonardo S.p.A.. 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