COP vs. LDO.MI
COP (ConocoPhillips Company) and LDO.MI (Leonardo S.p.A.) are both stocks. COP operates in Oil & Gas E&P (Energy), while LDO.MI operates in Aerospace & Defense (Industrials). Over the past 10 years, COP returned 13.80%/yr vs 19.42%/yr for LDO.MI. At a 0.25 correlation, their price movements are largely independent.
Performance
COP vs. LDO.MI - Performance Comparison
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Different Trading Currencies
COP 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, COP achieves a 28.95% return, which is significantly higher than LDO.MI's 3.06% return. Over the past 10 years, COP has underperformed LDO.MI with an annualized return of 13.80%, while LDO.MI has yielded a comparatively higher 19.42% annualized return.
COP
- 1D
- 1.49%
- 1M
- 5.18%
- YTD
- 28.95%
- 6M
- 29.96%
- 1Y
- 40.83%
- 3Y*
- 8.10%
- 5Y*
- 18.98%
- 10Y*
- 13.80%
LDO.MI
- 1D
- 0.87%
- 1M
- -5.00%
- YTD
- 3.06%
- 6M
- 8.30%
- 1Y
- 0.39%
- 3Y*
- 76.77%
- 5Y*
- 48.39%
- 10Y*
- 19.42%
COP vs. LDO.MI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
COP ConocoPhillips Company | 28.95% | -2.34% | -12.02% | 1.98% | 71.69% | 86.60% | -36.04% | 6.63% | 15.63% | 11.95% |
LDO.MI Leonardo S.p.A. | 3.06% | 116.42% | 65.76% | 93.57% | 22.66% | -1.81% | -36.54% | 35.11% | -25.08% | -14.34% |
Correlation
The correlation between COP and LDO.MI is -0.05, 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 | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since May 29, 2007 | 0.25 |
The correlation between COP and LDO.MI shifts across timeframes, from -0.05 (1 year) to 0.25 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
COP vs. LDO.MI — Risk / Return Rank
COP
LDO.MI
COP vs. LDO.MI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ConocoPhillips Company (COP) 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.
| COP | LDO.MI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.43 | ||
| Sortino ratioReturn per unit of downside risk | +1.70 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.03 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 2.75 | -0.04 | +2.79 |
| Martin ratioReturn relative to average drawdown | 6.17 | -0.07 | +6.25 |
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
| COP | LDO.MI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.41 | -0.02 | +1.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 1.30 | -0.72 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | 0.50 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.14 | +0.09 |
Drawdowns
COP vs. LDO.MI - Drawdown Comparison
The maximum COP drawdown since its inception was -84.55%, roughly equal to the maximum LDO.MI drawdown of -88.08%. Use the drawdown chart below to compare losses from any high point for COP and LDO.MI.
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Drawdown Indicators
| COP | LDO.MI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.55% | -88.08% | +3.53% |
Max Drawdown (1Y)Largest decline over 1 year | -14.90% | -22.61% | +7.71% |
Max Drawdown (3Y)Largest decline over 3 years | -36.19% | -22.61% | -13.58% |
Max Drawdown (5Y)Largest decline over 5 years | -36.19% | -39.97% | +3.78% |
Max Drawdown (10Y)Largest decline over 10 years | -70.66% | -73.32% | +2.66% |
Current DrawdownCurrent decline from peak | -10.48% | -19.12% | +8.64% |
Average DrawdownAverage peak-to-trough decline | -25.48% | -50.79% | +25.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.63% | 10.71% | -4.08% |
Volatility
COP vs. LDO.MI - Volatility Comparison
The current volatility for ConocoPhillips Company (COP) is 7.55%, while Leonardo S.p.A. (LDO.MI) has a volatility of 10.89%. This indicates that COP experiences smaller price fluctuations and is considered to be less risky than LDO.MI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COP | LDO.MI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.55% | 10.89% | -3.34% |
Volatility (6M)Calculated over the trailing 6-month period | 22.71% | 30.19% | -7.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.22% | 41.92% | -12.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.73% | 36.79% | -4.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.65% | 38.78% | -1.13% |
Dividends
COP vs. LDO.MI - Dividend Comparison
COP's dividend yield for the trailing twelve months is around 2.78%, more than LDO.MI's 1.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COP ConocoPhillips Company | 2.78% | 3.40% | 3.35% | 3.37% | 4.23% | 2.70% | 4.23% | 2.05% | 1.86% | 1.93% | 1.99% | 6.30% |
LDO.MI Leonardo S.p.A. | 1.01% | 1.06% | 1.08% | 0.94% | 1.74% | 0.00% | 2.37% | 1.34% | 1.82% | 1.41% | 0.00% | 0.00% |
Financials
COP vs. LDO.MI - Financials Comparison
This section allows you to compare key financial metrics between ConocoPhillips Company 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
COP and LDO.MI have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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