BTI vs. FLTR.L
BTI (British American Tobacco p.l.c.) and FLTR.L (Flutter Entertainment plc) are both stocks. BTI operates in Tobacco (Consumer Defensive), while FLTR.L operates in Gambling (Consumer Cyclical). Over the past 5 years, BTI returned 17.96%/yr vs -11.25%/yr for FLTR.L. At a 0.13 correlation, their price movements are largely independent.
Performance
BTI vs. FLTR.L - Performance Comparison
Loading charts...
Different Trading Currencies
BTI is traded in USD, while FLTR.L is traded in GBp. To make them comparable, the FLTR.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, BTI achieves a 11.67% return, which is significantly higher than FLTR.L's -50.23% return.
BTI
- 1D
- 1.51%
- 1M
- -4.26%
- YTD
- 11.67%
- 6M
- 12.20%
- 1Y
- 35.30%
- 3Y*
- 34.54%
- 5Y*
- 17.96%
- 10Y*
- 7.69%
FLTR.L
- 1D
- -3.49%
- 1M
- 15.96%
- YTD
- -50.23%
- 6M
- -51.59%
- 1Y
- -59.55%
- 3Y*
- -18.42%
- 5Y*
- -11.25%
- 10Y*
- —
BTI vs. FLTR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
BTI British American Tobacco p.l.c. | 11.67% | 65.81% | 35.44% | -19.97% | 14.91% | 7.95% | -4.73% | 18.39% |
FLTR.L Flutter Entertainment plc | -50.23% | -16.28% | 46.16% | 29.99% | -14.26% | -22.88% | 74.41% | 72.40% |
Correlation
The correlation between BTI and FLTR.L is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since May 28, 2019 | 0.13 |
The correlation between BTI and FLTR.L shifts across timeframes, from -0.12 (1 year) to 0.13 (all time), reflecting how their relationship changes across market environments.
Fundamentals
BTI:
$136.67B
FLTR.L:
£14.27B
BTI:
£4.93
FLTR.L:
-$4.14
BTI:
1.99
FLTR.L:
0.81
BTI:
2.13
FLTR.L:
2.12
BTI:
£51.48B
FLTR.L:
$23.82B
BTI:
£42.82B
FLTR.L:
$7.40B
BTI:
£20.34B
FLTR.L:
$3.03B
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
BTI vs. FLTR.L — Risk / Return Rank
BTI
FLTR.L
BTI vs. FLTR.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for British American Tobacco p.l.c. (BTI) and Flutter Entertainment plc (FLTR.L). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BTI | FLTR.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.00 | ||
| Sortino ratioReturn per unit of downside risk | +4.47 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 0.70 | +0.57 |
| Calmar ratioReturn relative to maximum drawdown | 2.62 | -0.86 | +3.48 |
| Martin ratioReturn relative to average drawdown | 5.89 | -1.41 | +7.30 |
Loading charts...
Drawdowns
BTI vs. FLTR.L - Drawdown Comparison
The maximum BTI drawdown since its inception was -64.11%, smaller than the maximum FLTR.L drawdown of -69.81%. Use the drawdown chart below to compare losses from any high point for BTI and FLTR.L.
Loading charts...
Drawdown Indicators
| BTI | FLTR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.11% | -69.81% | +5.70% |
Max Drawdown (1Y)Largest decline over 1 year | -13.75% | -69.81% | +56.06% |
Max Drawdown (3Y)Largest decline over 3 years | -13.75% | -69.81% | +56.06% |
Max Drawdown (5Y)Largest decline over 5 years | -29.94% | -69.81% | +39.87% |
Max Drawdown (10Y)Largest decline over 10 years | -56.00% | — | — |
Current DrawdownCurrent decline from peak | -6.57% | -64.92% | +58.35% |
Average DrawdownAverage peak-to-trough decline | -12.93% | -21.51% | +8.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.10% | 42.42% | -36.32% |
Volatility
BTI vs. FLTR.L - Volatility Comparison
The current volatility for British American Tobacco p.l.c. (BTI) is 7.53%, while Flutter Entertainment plc (FLTR.L) has a volatility of 12.72%. This indicates that BTI experiences smaller price fluctuations and is considered to be less risky than FLTR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BTI | FLTR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.53% | 12.72% | -5.19% |
Volatility (6M)Calculated over the trailing 6-month period | 18.39% | 34.43% | -16.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.78% | 42.04% | -19.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.16% | 39.57% | -18.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.20% | 40.39% | -16.19% |
Dividends
BTI vs. FLTR.L - Dividend Comparison
BTI's dividend yield for the trailing twelve months is around 4.95%, while FLTR.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BTI British American Tobacco p.l.c. | 4.95% | 5.29% | 8.18% | 9.72% | 7.23% | 7.98% | 7.22% | 6.35% | 8.53% | 4.27% | 3.85% | 4.11% |
FLTR.L Flutter Entertainment plc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
BTI vs. FLTR.L - Financials Comparison
This section allows you to compare key financial metrics between British American Tobacco p.l.c. and Flutter Entertainment 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
BTI vs. FLTR.L - Profitability Comparison
BTI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, British American Tobacco p.l.c. reported a gross profit of 11.30B and revenue of 13.54B. Therefore, the gross margin over that period was 83.4%.
FLTR.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Flutter Entertainment plc reported a gross profit of 2.11B and revenue of 12.18B. Therefore, the gross margin over that period was 17.3%.
BTI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, British American Tobacco p.l.c. reported an operating income of 4.93B and revenue of 13.54B, resulting in an operating margin of 36.4%.
FLTR.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Flutter Entertainment plc reported an operating income of 258.00M and revenue of 12.18B, resulting in an operating margin of 2.1%.
BTI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, British American Tobacco p.l.c. reported a net income of 3.25B and revenue of 13.54B, resulting in a net margin of 24.0%.
FLTR.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Flutter Entertainment plc reported a net income of -334.62M and revenue of 12.18B, resulting in a net margin of -2.8%.
Frequently Asked Questions
BTI and FLTR.L have a correlation of -0.12, 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 BTI and FLTR.L
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