CF vs. LDO.MI
CF (CF Industries Holdings, Inc.) and LDO.MI (Leonardo S.p.A.) are both stocks. CF operates in Agricultural Inputs (Basic Materials), while LDO.MI operates in Aerospace & Defense (Industrials). Over the past 10 years, CF returned 17.90%/yr vs 21.19%/yr for LDO.MI. At a 0.20 correlation, their price movements are largely independent.
Performance
CF vs. LDO.MI - Performance Comparison
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Different Trading Currencies
CF is traded in USD, while LDO.MI is traded in EUR. To make them comparable, the LDO.MI values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CF achieves a 42.89% return, which is significantly higher than LDO.MI's 7.11% return. Over the past 10 years, CF has underperformed LDO.MI with an annualized return of 17.90%, while LDO.MI has yielded a comparatively higher 21.19% annualized return.
CF
- 1D
- 2.74%
- 1M
- -12.41%
- YTD
- 42.89%
- 6M
- 39.56%
- 1Y
- 19.18%
- 3Y*
- 19.07%
- 5Y*
- 17.73%
- 10Y*
- 17.90%
LDO.MI
- 1D
- -0.53%
- 1M
- 5.96%
- YTD
- 7.11%
- 6M
- 9.36%
- 1Y
- 11.60%
- 3Y*
- 77.52%
- 5Y*
- 49.45%
- 10Y*
- 21.19%
CF vs. LDO.MI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CF CF Industries Holdings, Inc. | 42.89% | -7.17% | 10.08% | -4.75% | 22.29% | 87.18% | -15.76% | 12.73% | 5.13% | 40.24% |
LDO.MI Leonardo S.p.A. | 7.11% | 116.42% | 65.70% | 93.63% | 22.66% | -1.81% | -36.54% | 35.08% | -25.06% | -14.34% |
Correlation
The correlation between CF and LDO.MI is 0.00, 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 | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 2007 | 0.20 |
Over the past year, the correlation between CF and LDO.MI has dropped to 0.00 - well below their long-term average of 0.20, suggesting their price drivers have been diverging.
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Return for Risk
CF vs. LDO.MI — Risk / Return Rank
CF
LDO.MI
CF vs. LDO.MI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CF Industries Holdings, Inc. (CF) and Leonardo S.p.A. (LDO.MI). 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.
| CF | LDO.MI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.08 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.77 | 0.51 | +0.26 |
| Martin ratioReturn relative to average drawdown | 1.35 | 1.17 | +0.17 |
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Drawdowns
CF vs. LDO.MI - Drawdown Comparison
The maximum CF drawdown since its inception was -76.73%, smaller than the maximum LDO.MI drawdown of -86.89%. Use the drawdown chart below to compare losses from any high point for CF and LDO.MI.
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Drawdown Indicators
| CF | LDO.MI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.73% | -86.89% | +10.16% |
Max Drawdown (1Y)Largest decline over 1 year | -24.87% | -22.61% | -2.26% |
Max Drawdown (3Y)Largest decline over 3 years | -29.16% | -22.61% | -6.55% |
Max Drawdown (5Y)Largest decline over 5 years | -48.36% | -39.96% | -8.40% |
Max Drawdown (10Y)Largest decline over 10 years | -60.74% | -73.30% | +12.56% |
Current DrawdownCurrent decline from peak | -20.11% | -15.94% | -4.17% |
Average DrawdownAverage peak-to-trough decline | -24.92% | -47.54% | +22.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.29% | 9.91% | +4.38% |
Volatility
CF vs. LDO.MI - Volatility Comparison
CF Industries Holdings, Inc. (CF) and Leonardo S.p.A. (LDO.MI) have volatilities of 9.83% and 9.96%, 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
| CF | LDO.MI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.83% | 9.96% | -0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 35.49% | 30.11% | +5.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.20% | 41.29% | +0.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.23% | 36.75% | +1.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.30% | 38.71% | +1.59% |
Dividends
CF vs. LDO.MI - Dividend Comparison
CF's dividend yield for the trailing twelve months is around 1.83%, more than LDO.MI's 0.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CF CF Industries Holdings, Inc. | 1.83% | 2.59% | 2.34% | 2.01% | 1.76% | 1.70% | 3.10% | 2.51% | 2.76% | 2.82% | 3.81% | 2.94% |
LDO.MI Leonardo S.p.A. | 0.97% | 1.06% | 1.08% | 0.94% | 1.74% | 0.00% | 2.37% | 1.34% | 1.82% | 1.41% | 0.00% | 0.00% |
Financials
CF vs. LDO.MI - Financials Comparison
This section allows you to compare key financial metrics between CF Industries Holdings, Inc. and Leonardo S.p.A.. 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
CF and LDO.MI have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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