CRON vs. BA.L
CRON (Cronos Group Inc.) and BA.L (BAE Systems plc) are both stocks. CRON operates in Drug Manufacturers - Specialty & Generic (Healthcare), while BA.L operates in Aerospace & Defense (Industrials). Over the past 5 years, CRON returned -21.36%/yr vs 30.99%/yr for BA.L. At a 0.09 correlation, their price movements are largely independent.
Performance
CRON vs. BA.L - Performance Comparison
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Different Trading Currencies
CRON is traded in USD, while BA.L is traded in GBp. To make them comparable, the BA.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CRON achieves a 1.90% return, which is significantly lower than BA.L's 12.20% return.
CRON
- 1D
- -2.55%
- 1M
- 1.90%
- YTD
- 1.90%
- 6M
- -18.04%
- 1Y
- 38.86%
- 3Y*
- 15.05%
- 5Y*
- -21.36%
- 10Y*
- —
BA.L
- 1D
- -1.78%
- 1M
- -0.68%
- YTD
- 12.20%
- 6M
- 13.86%
- 1Y
- -0.87%
- 3Y*
- 31.41%
- 5Y*
- 30.99%
- 10Y*
- 18.26%
CRON vs. BA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CRON Cronos Group Inc. | 1.90% | 30.20% | -3.35% | -17.72% | -35.20% | -43.52% | -9.52% | -26.18% | 34.43% | 600.87% |
BA.L BAE Systems plc | 12.20% | 63.60% | 4.12% | 40.34% | 43.72% | 16.51% | -6.51% | 33.58% | -21.46% | 9.84% |
Correlation
The correlation between CRON and BA.L is 0.10, 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 | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2016 | 0.09 |
Fundamentals
CRON:
-$0.01
BA.L:
£1.33
CRON:
3.52
BA.L:
1.06
CRON:
$220.07M
BA.L:
£54.65B
CRON:
$68.18M
BA.L:
£4.75B
CRON:
$2.28M
BA.L:
£7.55B
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Return for Risk
CRON vs. BA.L — Risk / Return Rank
CRON
BA.L
CRON vs. BA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cronos Group Inc. (CRON) and BAE Systems plc (BA.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.
| CRON | BA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.70 | ||
| Sortino ratioReturn per unit of downside risk | +1.20 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.03 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.29 | 0.07 | +1.23 |
| Martin ratioReturn relative to average drawdown | 2.27 | 0.16 | +2.11 |
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Drawdowns
CRON vs. BA.L - Drawdown Comparison
The maximum CRON drawdown since its inception was -93.16%, which is greater than BA.L's maximum drawdown of -57.18%. Use the drawdown chart below to compare losses from any high point for CRON and BA.L.
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Drawdown Indicators
| CRON | BA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.16% | -57.18% | -35.98% |
Max Drawdown (1Y)Largest decline over 1 year | -26.91% | -22.64% | -4.27% |
Max Drawdown (3Y)Largest decline over 3 years | -46.36% | -22.64% | -23.72% |
Max Drawdown (5Y)Largest decline over 5 years | -82.06% | -22.64% | -59.42% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.57% | — |
Current DrawdownCurrent decline from peak | -88.69% | -16.88% | -71.81% |
Average DrawdownAverage peak-to-trough decline | -63.61% | -18.53% | -45.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.34% | 10.00% | +5.34% |
Volatility
CRON vs. BA.L - Volatility Comparison
Cronos Group Inc. (CRON) and BAE Systems plc (BA.L) have volatilities of 9.44% and 9.11%, 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
| CRON | BA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.44% | 9.11% | +0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 30.10% | 24.23% | +5.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.46% | 30.85% | +15.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.86% | 27.07% | +26.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 74.63% | 26.84% | +47.79% |
Dividends
CRON vs. BA.L - Dividend Comparison
CRON has not paid dividends to shareholders, while BA.L's dividend yield for the trailing twelve months is around 1.90%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BA.L BAE Systems plc | 1.90% | 1.99% | 2.69% | 2.53% | 2.99% | 4.40% | 4.75% | 4.00% | 4.79% | 3.75% | 3.57% | 4.14% |
CRON Cronos Group Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
CRON vs. BA.L - Financials Comparison
This section allows you to compare key financial metrics between Cronos Group Inc. and BAE Systems 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
CRON vs. BA.L - Profitability Comparison
CRON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cronos Group Inc. reported a gross profit of 19.15M and revenue of 58.97M. Therefore, the gross margin over that period was 32.5%.
BA.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, BAE Systems plc reported a gross profit of 1.35B and revenue of 14.77B. Therefore, the gross margin over that period was 9.2%.
CRON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cronos Group Inc. reported an operating income of -1.83M and revenue of 58.97M, resulting in an operating margin of -3.1%.
BA.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, BAE Systems plc reported an operating income of 1.35B and revenue of 14.77B, resulting in an operating margin of 9.2%.
CRON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cronos Group Inc. reported a net income of 13.75M and revenue of 58.97M, resulting in a net margin of 23.3%.
BA.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, BAE Systems plc reported a net income of 1.09B and revenue of 14.77B, resulting in a net margin of 7.4%.
Frequently Asked Questions
CRON and BA.L have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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