DAL vs. MSFT
DAL (Delta Air Lines, Inc.) and MSFT (Microsoft Corporation) are both stocks. DAL operates in Airlines (Industrials), while MSFT operates in Software - Infrastructure (Technology). Over the past 10 years, DAL returned 10.53%/yr vs 24.97%/yr for MSFT. Their 0.27 correlation means their historical movements had little consistent relationship.
Performance
DAL vs. MSFT - Performance Comparison
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Returns By Period
In the year-to-date period, DAL achieves a 26.98% return, which is significantly higher than MSFT's -3.48% return. Over the past 10 years, DAL has underperformed MSFT with an annualized return of 10.53%, while MSFT has yielded a comparatively higher 24.97% annualized return.
DAL
- 1D
- -1.30%
- 1M
- -5.49%
- 6M
- 33.75%
- YTD
- 26.98%
- 1Y
- 72.81%
- 3Y*
- 25.80%
- 5Y*
- 17.82%
- 10Y*
- 10.53%
- ALL TIME*
- 8.36%
MSFT
- 1D
- 3.02%
- 1M
- 19.01%
- 6M
- 8.48%
- YTD
- -3.48%
- 1Y
- -10.62%
- 3Y*
- 12.25%
- 5Y*
- 11.19%
- 10Y*
- 24.97%
- ALL TIME*
- 25.16%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $513.87M | $597.15M | $617.50M | |
| $17.39B | $14.79B | $16.23B |
DAL vs. MSFT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DAL Delta Air Lines, Inc. | 26.98% | 16.09% | 52.00% | 23.03% | -15.92% | -2.81% | -30.77% | 20.38% | -8.66% | 16.23% |
MSFT Microsoft Corporation | -3.48% | 15.58% | 12.93% | 58.19% | -28.02% | 52.48% | 42.53% | 57.56% | 20.80% | 40.73% |
Correlation
The correlation between DAL and MSFT is 0.12, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.12 |
Correlation (3Y) Balances recent behavior with more history. | 0.23 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.28 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.26 |
Correlation (All Time) Calculated using the full available price history since May 3, 2007 | 0.27 |
The correlation between DAL and MSFT shifts across timeframes, from 0.12 (1 year) to 0.28 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
DAL:
$57.50B
MSFT:
$3.45T
DAL:
$6.04
MSFT:
$17.94
DAL:
14.48
MSFT:
25.91
DAL:
0.09
MSFT:
1.50
DAL:
0.84
MSFT:
10.44
DAL:
2.63
MSFT:
7.83
DAL:
$68.29B
MSFT:
$331.84B
DAL:
$18.66B
MSFT:
$225.47B
DAL:
$8.42B
MSFT:
$207.52B
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Return for Risk
DAL vs. MSFT — Risk / Return Rank
DAL
MSFT
DAL vs. MSFT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Delta Air Lines, Inc. (DAL) and Microsoft Corporation (MSFT). 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.
| DAL | MSFT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.04 | ||
| Sortino ratioReturn per unit of downside risk | +2.85 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 0.95 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 2.90 | -0.35 | +3.26 |
| Martin ratioReturn relative to average drawdown | 9.15 | -0.63 | +9.78 |
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Drawdowns
DAL vs. MSFT - Drawdown Comparison
The maximum DAL drawdown since its inception was -81.93%, which is greater than MSFT's maximum drawdown of -69.38%. Use the drawdown chart below to compare losses from any high point for DAL and MSFT.
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Drawdown Indicators
| DAL | MSFT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.93% | -69.38% | -12.55% |
Max Drawdown (1Y)Largest decline over 1 year | -22.90% | -34.50% | +11.60% |
Max Drawdown (3Y)Largest decline over 3 years | -47.92% | -34.50% | -13.42% |
Max Drawdown (5Y)Largest decline over 5 years | -47.92% | -37.15% | -10.77% |
Max Drawdown (10Y)Largest decline over 10 years | -69.18% | -37.15% | -32.03% |
Current DrawdownCurrent decline from peak | -6.41% | -13.73% | +7.32% |
Average DrawdownAverage peak-to-trough decline | -28.95% | -21.80% | -7.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.26% | 19.35% | -12.09% |
Volatility
DAL vs. MSFT - Volatility Comparison
The current volatility for Delta Air Lines, Inc. (DAL) is 9.59%, while Microsoft Corporation (MSFT) has a volatility of 15.97%. This indicates that DAL experiences smaller price fluctuations and is considered to be less risky than MSFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DAL | MSFT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.59% | 15.97% | -6.38% |
Volatility (6M)Calculated over the trailing 6-month period | 30.38% | 26.41% | +3.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.13% | 31.93% | +8.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.93% | 28.00% | +12.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.08% | 27.62% | +14.46% |
Dividends
DAL vs. MSFT - Dividend Comparison
DAL's dividend yield for the trailing twelve months is around 0.89%, more than MSFT's 0.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DAL Delta Air Lines, Inc. | 0.89% | 0.97% | 0.83% | 0.50% | 0.00% | 0.00% | 1.00% | 2.57% | 2.63% | 1.81% | 1.37% | 0.89% |
MSFT Microsoft Corporation | 0.77% | 0.70% | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% |
Financials
DAL vs. MSFT - Financials Comparison
This section allows you to compare key financial metrics between Delta Air Lines, Inc. and Microsoft Corporation. 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
DAL vs. MSFT - Profitability Comparison
DAL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Delta Air Lines, Inc. reported a gross profit of 6.63B and revenue of 19.76B. Therefore, the gross margin over that period was 33.6%.
MSFT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Microsoft Corporation reported a gross profit of 60.48B and revenue of 90.01B. Therefore, the gross margin over that period was 67.2%.
DAL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Delta Air Lines, Inc. reported an operating income of 1.86B and revenue of 19.76B, resulting in an operating margin of 9.4%.
MSFT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Microsoft Corporation reported an operating income of 40.60B and revenue of 90.01B, resulting in an operating margin of 45.1%.
DAL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Delta Air Lines, Inc. reported a net income of 1.60B and revenue of 19.76B, resulting in a net margin of 8.1%.
MSFT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Microsoft Corporation reported a net income of 35.77B and revenue of 90.01B, resulting in a net margin of 39.7%.
Frequently Asked Questions
DAL and MSFT 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.
MSFT has higher volatility (15.97%) compared to DAL (9.59%). In terms of maximum drawdown, DAL dropped -81.93% vs MSFT's -69.38%.
DAL currently has the higher Sharpe Ratio (1.66 vs -0.39), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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