CARL-B.CO vs. FLTR.L
CARL-B.CO (Carlsberg A/S) and FLTR.L (Flutter Entertainment plc) are both stocks. CARL-B.CO operates in Beverages - Brewers (Consumer Defensive), while FLTR.L operates in Gambling (Consumer Cyclical). Over the past 5 years, CARL-B.CO returned -2.90%/yr vs -10.34%/yr for FLTR.L. At a 0.16 correlation, their price movements are largely independent.
Performance
CARL-B.CO vs. FLTR.L - Performance Comparison
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Different Trading Currencies
CARL-B.CO is traded in DKK, while FLTR.L is traded in GBp. To make them comparable, the FLTR.L values have been converted to DKK using the latest available exchange rates.
Returns By Period
In the year-to-date period, CARL-B.CO achieves a 4.47% return, which is significantly higher than FLTR.L's -49.43% return.
CARL-B.CO
- 1D
- -1.03%
- 1M
- 1.61%
- YTD
- 4.47%
- 6M
- 4.57%
- 1Y
- -6.42%
- 3Y*
- -4.51%
- 5Y*
- -2.90%
- 10Y*
- 6.08%
FLTR.L
- 1D
- -3.39%
- 1M
- 16.77%
- YTD
- -49.43%
- 6M
- -50.83%
- 1Y
- -59.52%
- 3Y*
- -20.21%
- 5Y*
- -10.34%
- 10Y*
- —
CARL-B.CO vs. FLTR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
CARL-B.CO Carlsberg A/S | 4.47% | 24.73% | -16.11% | -5.74% | -15.78% | 18.41% | 1.01% | 10.47% |
FLTR.L Flutter Entertainment plc | -49.43% | -26.09% | 55.88% | 26.41% | -8.91% | -17.22% | 59.40% | 71.73% |
Correlation
The correlation between CARL-B.CO and FLTR.L is 0.08, 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 | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since May 28, 2019 | 0.16 |
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Return for Risk
CARL-B.CO vs. FLTR.L — Risk / Return Rank
CARL-B.CO
FLTR.L
CARL-B.CO vs. FLTR.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Carlsberg A/S (CARL-B.CO) 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.
| CARL-B.CO | FLTR.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.11 | ||
| Sortino ratioReturn per unit of downside risk | +1.96 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 0.70 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | -0.33 | -0.85 | +0.52 |
| Martin ratioReturn relative to average drawdown | -0.51 | -1.39 | +0.88 |
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Drawdowns
CARL-B.CO vs. FLTR.L - Drawdown Comparison
The maximum CARL-B.CO drawdown since its inception was -71.18%, roughly equal to the maximum FLTR.L drawdown of -71.79%. Use the drawdown chart below to compare losses from any high point for CARL-B.CO and FLTR.L.
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Drawdown Indicators
| CARL-B.CO | FLTR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.18% | -71.79% | +0.61% |
Max Drawdown (1Y)Largest decline over 1 year | -20.76% | -70.10% | +49.34% |
Max Drawdown (3Y)Largest decline over 3 years | -36.63% | -71.79% | +35.16% |
Max Drawdown (5Y)Largest decline over 5 years | -39.46% | -71.79% | +32.33% |
Max Drawdown (10Y)Largest decline over 10 years | -39.46% | — | — |
Current DrawdownCurrent decline from peak | -18.91% | -67.00% | +48.09% |
Average DrawdownAverage peak-to-trough decline | -13.92% | -19.44% | +5.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.56% | 42.89% | -29.33% |
Volatility
CARL-B.CO vs. FLTR.L - Volatility Comparison
The current volatility for Carlsberg A/S (CARL-B.CO) is 7.74%, while Flutter Entertainment plc (FLTR.L) has a volatility of 12.64%. This indicates that CARL-B.CO 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.
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Volatility by Period
| CARL-B.CO | FLTR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.74% | 12.64% | -4.90% |
Volatility (6M)Calculated over the trailing 6-month period | 17.60% | 34.54% | -16.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.58% | 42.39% | -19.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.01% | 38.35% | -15.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.90% | 39.39% | -17.49% |
Dividends
CARL-B.CO vs. FLTR.L - Dividend Comparison
CARL-B.CO's dividend yield for the trailing twelve months is around 3.44%, while FLTR.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CARL-B.CO Carlsberg A/S | 3.44% | 3.23% | 3.91% | 3.19% | 2.60% | 1.95% | 2.15% | 1.81% | 2.31% | 1.34% | 1.48% | 1.47% |
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
CARL-B.CO vs. FLTR.L - Financials Comparison
This section allows you to compare key financial metrics between Carlsberg A/S 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
Frequently Asked Questions
CARL-B.CO and FLTR.L have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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