BA.L vs. SAAB-B.ST
BA.L (BAE Systems plc) and SAAB-B.ST (Saab AB (publ)) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, BA.L returned 19.00%/yr vs 25.37%/yr for SAAB-B.ST. At a 0.42 correlation, their price movements are largely independent.
Performance
BA.L vs. SAAB-B.ST - Performance Comparison
Loading charts...
Different Trading Currencies
BA.L is traded in GBp, while SAAB-B.ST is traded in SEK. To make them comparable, the SAAB-B.ST 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 15.01% return, which is significantly higher than SAAB-B.ST's -3.68% return. Over the past 10 years, BA.L has underperformed SAAB-B.ST with an annualized return of 19.00%, while SAAB-B.ST has yielded a comparatively higher 25.37% annualized return.
BA.L
- 1D
- 1.01%
- 1M
- 0.84%
- YTD
- 15.01%
- 6M
- 16.57%
- 1Y
- 2.85%
- 3Y*
- 30.30%
- 5Y*
- 32.98%
- 10Y*
- 19.00%
SAAB-B.ST
- 1D
- 1.86%
- 1M
- -2.49%
- YTD
- -3.68%
- 6M
- 5.14%
- 1Y
- 6.44%
- 3Y*
- 57.26%
- 5Y*
- 52.46%
- 10Y*
- 25.37%
BA.L vs. SAAB-B.ST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BA.L BAE Systems plc | 15.01% | 52.12% | 5.88% | 33.31% | 60.92% | 17.57% | -9.28% | 28.43% | -16.75% | 0.30% |
SAAB-B.ST Saab AB (publ) | -3.68% | 158.42% | 43.80% | 46.47% | 74.98% | -10.31% | -6.79% | -3.78% | -17.66% | 20.65% |
Correlation
The correlation between BA.L and SAAB-B.ST is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jul 10, 2007 | 0.42 |
Over the past year, BA.L and SAAB-B.ST have become more correlated (0.73) than their long-term average of 0.42, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BA.L vs. SAAB-B.ST — Risk / Return Rank
BA.L
SAAB-B.ST
BA.L vs. SAAB-B.ST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BAE Systems plc (BA.L) and Saab AB (publ) (SAAB-B.ST). 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 | SAAB-B.ST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.15 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.08 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.13 | 0.34 | -0.20 |
| Martin ratioReturn relative to average drawdown | 0.30 | 0.88 | -0.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BA.L | SAAB-B.ST | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.10 | 0.25 | -0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.28 | 1.31 | -0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | 0.69 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.46 | +0.05 |
Drawdowns
BA.L vs. SAAB-B.ST - Drawdown Comparison
The maximum BA.L drawdown since its inception was -43.67%, smaller than the maximum SAAB-B.ST drawdown of -73.07%. Use the drawdown chart below to compare losses from any high point for BA.L and SAAB-B.ST.
Loading charts...
Drawdown Indicators
| BA.L | SAAB-B.ST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.67% | -73.07% | +29.40% |
Max Drawdown (1Y)Largest decline over 1 year | -21.30% | -35.41% | +14.11% |
Max Drawdown (3Y)Largest decline over 3 years | -21.30% | -35.41% | +14.11% |
Max Drawdown (5Y)Largest decline over 5 years | -21.30% | -35.41% | +14.11% |
Max Drawdown (10Y)Largest decline over 10 years | -37.80% | -63.07% | +25.27% |
Current DrawdownCurrent decline from peak | -15.43% | -29.71% | +14.28% |
Average DrawdownAverage peak-to-trough decline | -12.73% | -19.88% | +7.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.64% | 13.37% | -3.73% |
Volatility
BA.L vs. SAAB-B.ST - Volatility Comparison
The current volatility for BAE Systems plc (BA.L) is 8.80%, while Saab AB (publ) (SAAB-B.ST) has a volatility of 15.11%. This indicates that BA.L experiences smaller price fluctuations and is considered to be less risky than SAAB-B.ST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BA.L | SAAB-B.ST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.80% | 15.11% | -6.31% |
Volatility (6M)Calculated over the trailing 6-month period | 23.59% | 31.01% | -7.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.97% | 47.99% | -18.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.82% | 40.28% | -14.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.07% | 36.67% | -11.60% |
Dividends
BA.L vs. SAAB-B.ST - Dividend Comparison
BA.L's dividend yield for the trailing twelve months is around 1.86%, more than SAAB-B.ST's 0.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BA.L BAE Systems plc | 1.86% | 1.99% | 2.69% | 2.53% | 2.99% | 4.40% | 4.75% | 4.00% | 4.79% | 3.75% | 3.57% | 4.14% |
SAAB-B.ST Saab AB (publ) | 0.42% | 0.37% | 0.68% | 0.87% | 1.19% | 2.04% | 7.85% | 1.43% | 1.65% | 1.32% | 1.47% | 1.82% |
Financials
BA.L vs. SAAB-B.ST - Financials Comparison
This section allows you to compare key financial metrics between BAE Systems plc and Saab AB (publ). 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
BA.L and SAAB-B.ST have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for BA.L and SAAB-B.ST
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer