BA vs. BAESY
BA (The Boeing Company) and BAESY (BAE Systems PLC) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, BA returned 6.12%/yr vs 17.94%/yr for BAESY. At a 0.33 correlation, their price movements are largely independent.
Performance
BA vs. BAESY - Performance Comparison
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Returns By Period
In the year-to-date period, BA achieves a -3.01% return, which is significantly lower than BAESY's 11.04% return. Over the past 10 years, BA has underperformed BAESY with an annualized return of 6.12%, while BAESY has yielded a comparatively higher 17.94% annualized return.
BA
- 1D
- -3.27%
- 1M
- -4.84%
- YTD
- -3.01%
- 6M
- 3.97%
- 1Y
- -1.34%
- 3Y*
- -0.43%
- 5Y*
- -3.37%
- 10Y*
- 6.12%
BAESY
- 1D
- -0.69%
- 1M
- -6.68%
- YTD
- 11.04%
- 6M
- 16.47%
- 1Y
- -3.25%
- 3Y*
- 31.48%
- 5Y*
- 30.87%
- 10Y*
- 17.94%
BA vs. BAESY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BA The Boeing Company | -3.01% | 22.67% | -32.10% | 36.84% | -5.38% | -5.95% | -33.90% | 3.34% | 11.50% | 94.72% |
BAESY BAE Systems PLC | 11.04% | 65.51% | 1.23% | 40.91% | 46.40% | 14.56% | -3.43% | 34.69% | -22.16% | 13.28% |
Correlation
The correlation between BA and BAESY is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2007 | 0.33 |
The correlation between BA and BAESY shifts across timeframes, from 0.16 (3 years) to 0.33 (all time), reflecting how their relationship changes across market environments.
Fundamentals
BA:
$172.29B
BAESY:
$77.37B
BA:
$2.90
BAESY:
$5.29
BA:
72.57
BAESY:
19.27
BA:
11.37
BAESY:
3.55
BA:
1.79
BAESY:
1.42
BA:
28.81
BAESY:
6.58
BA:
$92.18B
BAESY:
$54.56B
BA:
$4.43B
BAESY:
$19.72B
BA:
$7.13B
BAESY:
$7.74B
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Return for Risk
BA vs. BAESY — Risk / Return Rank
BA
BAESY
BA vs. BAESY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Boeing Company (BA) and BAE Systems PLC (BAESY). 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 | BAESY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.01 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.05 | -0.14 | +0.08 |
| Martin ratioReturn relative to average drawdown | -0.12 | -0.31 | +0.19 |
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 | BAESY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.04 | -0.10 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.09 | 1.11 | -1.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.15 | 0.65 | -0.50 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.34 | -0.04 |
Drawdowns
BA vs. BAESY - Drawdown Comparison
The maximum BA drawdown since its inception was -89.45%, which is greater than BAESY's maximum drawdown of -59.20%. Use the drawdown chart below to compare losses from any high point for BA and BAESY.
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Drawdown Indicators
| BA | BAESY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.45% | -59.20% | -30.25% |
Max Drawdown (1Y)Largest decline over 1 year | -24.96% | -23.59% | -1.37% |
Max Drawdown (3Y)Largest decline over 3 years | -48.31% | -23.59% | -24.72% |
Max Drawdown (5Y)Largest decline over 5 years | -54.16% | -23.59% | -30.57% |
Max Drawdown (10Y)Largest decline over 10 years | -77.92% | -42.13% | -35.79% |
Current DrawdownCurrent decline from peak | -51.06% | -17.08% | -33.98% |
Average DrawdownAverage peak-to-trough decline | -31.01% | -19.33% | -11.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.80% | 10.35% | +0.45% |
Volatility
BA vs. BAESY - Volatility Comparison
The Boeing Company (BA) and BAE Systems PLC (BAESY) have volatilities of 10.97% and 11.26%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BA | BAESY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.97% | 11.26% | -0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 24.54% | 25.02% | -0.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.69% | 32.05% | -0.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.45% | 28.04% | +8.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.57% | 27.88% | +13.69% |
Dividends
BA vs. BAESY - Dividend Comparison
BA has not paid dividends to shareholders, while BAESY's dividend yield for the trailing twelve months is around 1.90%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BA The Boeing Company | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.96% | 2.52% | 2.12% | 1.93% | 2.80% | 2.52% |
BAESY BAE Systems PLC | 1.90% | 1.90% | 2.79% | 2.40% | 3.09% | 4.46% | 7.05% | 3.66% | 4.93% | 5.71% | 6.26% | 4.38% |
Financials
BA vs. BAESY - Financials Comparison
This section allows you to compare key financial metrics between The Boeing Company and BAE Systems 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 vs. BAESY - Profitability Comparison
BA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Boeing Company reported a gross profit of 2.55B and revenue of 22.22B. Therefore, the gross margin over that period was 11.5%.
BAESY - 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 1.34B and revenue of 14.67B. Therefore, the gross margin over that period was 9.2%.
BA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Boeing Company reported an operating income of 448.00M and revenue of 22.22B, resulting in an operating margin of 2.0%.
BAESY - 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 1.34B and revenue of 14.67B, resulting in an operating margin of 9.2%.
BA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Boeing Company reported a net income of -4.00M and revenue of 22.22B, resulting in a net margin of -0.0%.
BAESY - 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 14.67B, resulting in a net margin of 7.4%.
Frequently Asked Questions
BA and BAESY have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BAESY has higher volatility (11.26%) compared to BA (10.97%). In terms of maximum drawdown, BA dropped -89.45% vs BAESY's -59.20%.
BA currently has the higher Sharpe Ratio (-0.04 vs -0.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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