BA.L vs. WPP
BA.L (BAE Systems plc) and WPP (WPP plc) are both stocks. BA.L operates in Aerospace & Defense (Industrials), while WPP operates in Advertising Agencies (Communication Services). Over the past 10 years, BA.L returned 19.00%/yr vs -12.04%/yr for WPP. At a 0.28 correlation, their price movements are largely independent.
Performance
BA.L vs. WPP - Performance Comparison
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Different Trading Currencies
BA.L is traded in GBp, while WPP is traded in USD. To make them comparable, the WPP 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 WPP's -19.30% return. Over the past 10 years, BA.L has outperformed WPP with an annualized return of 19.00%, while WPP has yielded a comparatively lower -12.04% 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%
WPP
- 1D
- -1.39%
- 1M
- -3.33%
- YTD
- -19.30%
- 6M
- -9.76%
- 1Y
- -50.78%
- 3Y*
- -29.18%
- 5Y*
- -19.55%
- 10Y*
- -12.04%
BA.L vs. WPP - 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% |
WPP WPP plc | -19.30% | -56.84% | 15.53% | -3.58% | -23.87% | 44.88% | -19.67% | 31.33% | -32.52% | -22.33% |
Correlation
The correlation between BA.L and WPP is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2007 | 0.28 |
Over the past year, the correlation between BA.L and WPP has dropped to 0.07 - well below their long-term average of 0.28, suggesting their price drivers have been diverging.
Fundamentals
BA.L:
£59.15B
WPP:
$3.75B
BA.L:
£1.33
WPP:
$1.51
BA.L:
14.71
WPP:
11.58
BA.L:
2.35
WPP:
0.15
BA.L:
1.08
WPP:
0.13
BA.L:
5.02
WPP:
1.48
BA.L:
£54.65B
WPP:
$28.29B
BA.L:
£4.75B
WPP:
$4.60B
BA.L:
£7.55B
WPP:
$2.22B
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Return for Risk
BA.L vs. WPP — Risk / Return Rank
BA.L
WPP
BA.L vs. WPP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BAE Systems plc (BA.L) and WPP plc (WPP). 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 | WPP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.17 | ||
| Sortino ratioReturn per unit of downside risk | +1.84 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 0.79 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.13 | -0.87 | +1.00 |
| Martin ratioReturn relative to average drawdown | 0.30 | -1.22 | +1.52 |
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 | WPP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.10 | -1.08 | +1.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.28 | -0.60 | +1.88 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | -0.36 | +1.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | -0.05 | +0.57 |
Drawdowns
BA.L vs. WPP - Drawdown Comparison
The maximum BA.L drawdown since its inception was -43.67%, smaller than the maximum WPP drawdown of -81.43%. Use the drawdown chart below to compare losses from any high point for BA.L and WPP.
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Drawdown Indicators
| BA.L | WPP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.67% | -81.43% | +37.76% |
Max Drawdown (1Y)Largest decline over 1 year | -21.30% | -58.70% | +37.40% |
Max Drawdown (3Y)Largest decline over 3 years | -21.30% | -72.95% | +51.65% |
Max Drawdown (5Y)Largest decline over 5 years | -21.30% | -77.45% | +56.15% |
Max Drawdown (10Y)Largest decline over 10 years | -37.80% | -81.43% | +43.63% |
Current DrawdownCurrent decline from peak | -15.43% | -77.86% | +62.43% |
Average DrawdownAverage peak-to-trough decline | -12.73% | -27.40% | +14.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.64% | 41.59% | -31.95% |
Volatility
BA.L vs. WPP - Volatility Comparison
The current volatility for BAE Systems plc (BA.L) is 8.80%, while WPP plc (WPP) has a volatility of 12.99%. This indicates that BA.L experiences smaller price fluctuations and is considered to be less risky than WPP 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 | WPP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.80% | 12.99% | -4.19% |
Volatility (6M)Calculated over the trailing 6-month period | 23.59% | 32.49% | -8.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.97% | 47.43% | -17.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.82% | 32.70% | -6.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.07% | 33.26% | -8.19% |
Dividends
BA.L vs. WPP - Dividend Comparison
BA.L's dividend yield for the trailing twelve months is around 1.86%, less than WPP's 5.79% 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% |
WPP WPP plc | 5.79% | 9.09% | 4.85% | 5.09% | 4.38% | 2.45% | 5.66% | 5.47% | 7.35% | 4.32% | 3.01% | 2.81% |
Financials
BA.L vs. WPP - Financials Comparison
This section allows you to compare key financial metrics between BAE Systems plc and WPP plc. 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
BA.L vs. WPP - Profitability Comparison
BA.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, BAE Systems plc reported a gross profit of 1.35B and revenue of 14.77B. Therefore, the gross margin over that period was 9.2%.
WPP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, WPP plc reported a gross profit of 1.31B and revenue of 6.89B. Therefore, the gross margin over that period was 19.0%.
BA.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, BAE Systems plc reported an operating income of 1.35B and revenue of 14.77B, resulting in an operating margin of 9.2%.
WPP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, WPP plc reported an operating income of 161.00M and revenue of 6.89B, resulting in an operating margin of 2.3%.
BA.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, BAE Systems plc reported a net income of 1.09B and revenue of 14.77B, resulting in a net margin of 7.4%.
WPP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, WPP plc reported a net income of -259.00M and revenue of 6.89B, resulting in a net margin of -3.8%.
Frequently Asked Questions
BA.L and WPP have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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