DE vs. ML.PA
DE (Deere & Company) and ML.PA (Compagnie Générale des Établissements Michelin Société en commandite par actions) are both stocks. DE operates in Farm & Heavy Construction Machinery (Industrials), while ML.PA operates in Auto Parts (Consumer Cyclical). Over the past 10 years, DE returned 23.07%/yr vs 14.29%/yr for ML.PA. At a 0.34 correlation, their price movements are largely independent.
Performance
DE vs. ML.PA - Performance Comparison
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Different Trading Currencies
DE is traded in USD, while ML.PA is traded in EUR. To make them comparable, the ML.PA values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, DE achieves a 24.40% return, which is significantly higher than ML.PA's 20.52% return. Over the past 10 years, DE has outperformed ML.PA with an annualized return of 23.07%, while ML.PA has yielded a comparatively lower 14.29% annualized return.
DE
- 1D
- 1.55%
- 1M
- -0.55%
- YTD
- 24.40%
- 6M
- 19.88%
- 1Y
- 13.19%
- 3Y*
- 14.77%
- 5Y*
- 12.54%
- 10Y*
- 23.07%
ML.PA
- 1D
- 2.68%
- 1M
- 8.41%
- YTD
- 20.52%
- 6M
- 21.70%
- 1Y
- 5.96%
- 3Y*
- 12.83%
- 5Y*
- 6.14%
- 10Y*
- 14.29%
DE vs. ML.PA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DE Deere & Company | 24.40% | 11.39% | 7.56% | -5.48% | 26.59% | 28.86% | 57.96% | 18.30% | -2.90% | 54.83% |
ML.PA Compagnie Générale des Établissements Michelin Société en commandite par actions | 20.52% | 5.09% | -4.69% | 34.74% | -20.35% | 38.18% | 14.64% | 43.04% | -21.60% | 45.16% |
Correlation
The correlation between DE and ML.PA is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 2007 | 0.34 |
The correlation between DE and ML.PA shifts across timeframes, from 0.23 (3 years) to 0.34 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
DE vs. ML.PA — Risk / Return Rank
DE
ML.PA
DE vs. ML.PA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deere & Company (DE) and Compagnie Générale des Établissements Michelin Société en commandite par actions (ML.PA). 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.
| DE | ML.PA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.07 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.67 | 0.28 | +0.38 |
| Martin ratioReturn relative to average drawdown | 1.38 | 0.58 | +0.80 |
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Drawdowns
DE vs. ML.PA - Drawdown Comparison
The maximum DE drawdown since its inception was -73.27%, roughly equal to the maximum ML.PA drawdown of -75.37%. Use the drawdown chart below to compare losses from any high point for DE and ML.PA.
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Drawdown Indicators
| DE | ML.PA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.27% | -75.37% | +2.10% |
Max Drawdown (1Y)Largest decline over 1 year | -19.90% | -20.89% | +0.99% |
Max Drawdown (3Y)Largest decline over 3 years | -21.59% | -24.42% | +2.83% |
Max Drawdown (5Y)Largest decline over 5 years | -33.81% | -42.71% | +8.90% |
Max Drawdown (10Y)Largest decline over 10 years | -37.91% | -42.71% | +4.80% |
Current DrawdownCurrent decline from peak | -12.58% | -2.06% | -10.52% |
Average DrawdownAverage peak-to-trough decline | -18.61% | -15.97% | -2.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.58% | 10.19% | -0.61% |
Volatility
DE vs. ML.PA - Volatility Comparison
Deere & Company (DE) has a higher volatility of 10.51% compared to Compagnie Générale des Établissements Michelin Société en commandite par actions (ML.PA) at 5.60%. This indicates that DE's price experiences larger fluctuations and is considered to be riskier than ML.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DE | ML.PA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.51% | 5.60% | +4.91% |
Volatility (6M)Calculated over the trailing 6-month period | 24.42% | 17.83% | +6.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.03% | 24.17% | +5.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.39% | 27.14% | +2.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.40% | 28.31% | +2.09% |
Dividends
DE vs. ML.PA - Dividend Comparison
DE's dividend yield for the trailing twelve months is around 1.12%, less than ML.PA's 4.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DE Deere & Company | 1.12% | 1.39% | 1.42% | 1.33% | 1.05% | 1.14% | 1.13% | 1.75% | 1.84% | 1.53% | 2.33% | 3.15% |
ML.PA Compagnie Générale des Établissements Michelin Société en commandite par actions | 4.16% | 4.87% | 4.25% | 3.85% | 17.31% | 6.38% | 7.62% | 13.56% | 16.38% | 10.87% | 10.78% | 11.37% |
Financials
DE vs. ML.PA - Financials Comparison
This section allows you to compare key financial metrics between Deere & Company and Compagnie Générale des Établissements Michelin Société en commandite par actions. 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
DE and ML.PA have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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