BATRK vs. LILAK

Last updated Jun 4, 2026

BATRK (The Liberty Braves Group) and LILAK (Liberty Latin America Ltd.) are both stocks. Both are in the Communication Services sector — BATRK in Entertainment, LILAK in Telecom Services. Over the past 10 years, BATRK returned 12.48%/yr vs -13.20%/yr for LILAK. At a 0.33 correlation, their price movements are largely independent.

Performance

BATRK vs. LILAK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Liberty Braves Group (BATRK) and Liberty Latin America Ltd. (LILAK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BATRK achieves a 22.64% return, which is significantly higher than LILAK's 15.90% return. Over the past 10 years, BATRK has outperformed LILAK with an annualized return of 12.48%, while LILAK has yielded a comparatively lower -13.20% annualized return.

BATRK

• 1D: -1.95%
• 1M: -2.16%
• YTD: 22.64%
• 6M: 25.43%
• 1Y: 19.78%
• 3Y*: 9.60%
• 5Y*: 12.81%
• 10Y*: 12.48%

LILAK

• 1D: -2.00%
• 1M: 7.40%
• YTD: 15.90%
• 6M: -1.30%
• 1Y: 68.21%
• 3Y*: 4.12%
• 5Y*: -10.00%
• 10Y*: -13.20%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BATRK vs. LILAK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BATRK The Liberty Braves Group	22.64%	3.11%	-3.34%	22.80%	14.70%	12.94%	-15.78%	18.68%	12.02%	7.92%
LILAK Liberty Latin America Ltd.	15.90%	17.67%	-13.62%	-3.42%	-33.33%	2.80%	-39.48%	33.56%	-26.75%	-6.05%

Correlation

The correlation between BATRK and LILAK is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (10Y) Calculated over the trailing 10-year period	0.34
Correlation (All Time) Calculated using the full available price history since Apr 19, 2016	0.33

The correlation between BATRK and LILAK shifts across timeframes, from 0.25 (1 year) to 0.36 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS BATRK : $1.57 LILAK : -$3.32
PS Ratio BATRK : 1.07 LILAK : 0.27
Total Revenue (TTM) BATRK : $2.17B LILAK : $4.44B
Gross Profit (TTM) BATRK : $841.04M LILAK : $2.25B
EBITDA (TTM) BATRK : $224.26M LILAK : $650.40M

Return for Risk

BATRK vs. LILAK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BATRK

BATRK Risk / Return Rank: 65
BATRK Sharpe Ratio Rank: 71
BATRK Sortino Ratio Rank: 69
BATRK Omega Ratio Rank: 65
BATRK Calmar Ratio Rank: 62
BATRK Martin Ratio Rank: 58

LILAK

LILAK Risk / Return Rank: 82
LILAK Sharpe Ratio Rank: 85
LILAK Sortino Ratio Rank: 82
LILAK Omega Ratio Rank: 78
LILAK Calmar Ratio Rank: 82
LILAK Martin Ratio Rank: 84

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BATRK vs. LILAK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Liberty Braves Group (BATRK) and Liberty Latin America Ltd. (LILAK). 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.

	BATRK	LILAK	Difference
Sharpe ratio Return per unit of total volatility	1.01	1.78	-0.77
Sortino ratio Return per unit of downside risk	1.70	2.48	-0.77
Omega ratio Gain probability vs. loss probability	1.20	1.29	-0.09
Calmar ratio Return relative to maximum drawdown	1.06	3.04	-1.98
Martin ratio Return relative to average drawdown	1.89	8.24	-6.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BATRK vs. LILAK - Sharpe Ratio Comparison

The current BATRK Sharpe Ratio is 1.01, which is lower than the LILAK Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of BATRK and LILAK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BATRK	LILAK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.01	1.78	-0.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	-0.23	+0.79
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.42	-0.29	+0.72
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	-0.31	+0.64

Drawdowns

BATRK vs. LILAK - Drawdown Comparison

The maximum BATRK drawdown since its inception was -54.95%, smaller than the maximum LILAK drawdown of -90.14%. Use the drawdown chart below to compare losses from any high point for BATRK and LILAK.

Drawdown Indicators

	BATRK	LILAK	Difference
Max Drawdown Largest peak-to-trough decline	-54.95%	-90.14%	+35.19%
Max Drawdown (1Y) Largest decline over 1 year	-18.72%	-22.55%	+3.83%
Max Drawdown (3Y) Largest decline over 3 years	-19.63%	-57.17%	+37.54%
Max Drawdown (5Y) Largest decline over 5 years	-23.39%	-69.20%	+45.81%
Max Drawdown (10Y) Largest decline over 10 years	-54.95%	-87.38%	+32.43%
Current Drawdown Current decline from peak	-5.47%	-81.22%	+75.75%
Average Drawdown Average peak-to-trough decline	-10.46%	-67.09%	+56.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.48%	8.31%	+2.17%

Volatility

BATRK vs. LILAK - Volatility Comparison

The current volatility for The Liberty Braves Group (BATRK) is 5.86%, while Liberty Latin America Ltd. (LILAK) has a volatility of 16.32%. This indicates that BATRK experiences smaller price fluctuations and is considered to be less risky than LILAK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BATRK	LILAK	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.86%	16.32%	-10.46%
Volatility (6M) Calculated over the trailing 6-month period	14.00%	27.38%	-13.38%
Volatility (1Y) Calculated over the trailing 1-year period	19.65%	38.53%	-18.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.62%	44.59%	-21.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.47%	45.48%	-16.01%

Dividends

BATRK vs. LILAK - Dividend Comparison

Neither BATRK nor LILAK has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

BATRK vs. LILAK - Profitability Comparison

The chart below illustrates the profitability comparison between The Liberty Braves Group and Liberty Latin America Ltd. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BATRK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Liberty Braves Group reported a gross profit of 298.00M and revenue of 711.00M. Therefore, the gross margin over that period was 41.9%.

LILAK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Liberty Latin America Ltd. reported a gross profit of 0.00 and revenue of 1.08B. Therefore, the gross margin over that period was 0.0%.

BATRK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Liberty Braves Group reported an operating income of 64.00M and revenue of 711.00M, resulting in an operating margin of 9.0%.

LILAK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Liberty Latin America Ltd. reported an operating income of 145.20M and revenue of 1.08B, resulting in an operating margin of 13.4%.

BATRK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Liberty Braves Group reported a net income of 57.00M and revenue of 711.00M, resulting in a net margin of 8.0%.

LILAK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Liberty Latin America Ltd. reported a net income of -22.70M and revenue of 1.08B, resulting in a net margin of -2.1%.

Frequently Asked Questions

Can I hold both BATRK and LILAK in my portfolio?

BATRK and LILAK have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BATRK or LILAK?

LILAK has higher volatility (16.32%) compared to BATRK (5.86%). In terms of maximum drawdown, BATRK dropped -54.95% vs LILAK's -90.14%.

Which has better risk-adjusted returns?

LILAK currently has the higher Sharpe Ratio (1.78 vs 1.01), 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.