DEO vs. BA
DEO (Diageo plc) and BA (The Boeing Company) are both stocks. DEO operates in Beverages - Wineries & Distilleries (Consumer Defensive), while BA operates in Aerospace & Defense (Industrials). Over the past 10 years, DEO returned 0.50%/yr vs 6.28%/yr for BA. At a 0.26 correlation, their price movements are largely independent.
Performance
DEO vs. BA - Performance Comparison
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Returns By Period
In the year-to-date period, DEO achieves a -4.24% return, which is significantly lower than BA's 0.89% return. Over the past 10 years, DEO has underperformed BA with an annualized return of 0.50%, while BA has yielded a comparatively higher 6.28% annualized return.
DEO
- 1D
- 0.83%
- 1M
- 0.12%
- YTD
- -4.24%
- 6M
- -7.27%
- 1Y
- -19.48%
- 3Y*
- -19.42%
- 5Y*
- -13.55%
- 10Y*
- 0.50%
BA
- 1D
- -1.16%
- 1M
- -0.65%
- YTD
- 0.89%
- 6M
- 7.18%
- 1Y
- 9.35%
- 3Y*
- -0.20%
- 5Y*
- -2.40%
- 10Y*
- 6.28%
DEO vs. BA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DEO Diageo plc | -4.24% | -29.31% | -10.09% | -16.28% | -17.40% | 41.72% | -3.26% | 21.39% | -0.43% | 44.13% |
BA The Boeing Company | 0.89% | 22.67% | -32.10% | 36.84% | -5.38% | -5.95% | -33.90% | 3.34% | 11.50% | 94.72% |
Correlation
The correlation between DEO and BA is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since May 13, 1996 | 0.26 |
Fundamentals
DEO:
$45.62B
BA:
$179.22B
DEO:
£9.85
BA:
$2.90
DEO:
6.19
BA:
75.49
DEO:
1.78
BA:
11.83
DEO:
0.91
BA:
1.86
DEO:
3.95
BA:
29.97
DEO:
£37.37B
BA:
$92.18B
DEO:
£22.42B
BA:
$4.43B
DEO:
£10.72B
BA:
$7.13B
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Return for Risk
DEO vs. BA — Risk / Return Rank
DEO
BA
DEO vs. BA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Diageo plc (DEO) and The Boeing Company (BA). 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.
| DEO | BA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.89 | ||
| Sortino ratioReturn per unit of downside risk | -1.33 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.07 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.59 | 0.30 | -0.90 |
| Martin ratioReturn relative to average drawdown | -1.05 | 0.69 | -1.74 |
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Drawdowns
DEO vs. BA - Drawdown Comparison
The maximum DEO drawdown since its inception was -63.41%, smaller than the maximum BA drawdown of -89.45%. Use the drawdown chart below to compare losses from any high point for DEO and BA.
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Drawdown Indicators
| DEO | BA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.41% | -89.45% | +26.04% |
Max Drawdown (1Y)Largest decline over 1 year | -35.52% | -24.96% | -10.56% |
Max Drawdown (3Y)Largest decline over 3 years | -56.07% | -48.31% | -7.76% |
Max Drawdown (5Y)Largest decline over 5 years | -63.41% | -53.76% | -9.65% |
Max Drawdown (10Y)Largest decline over 10 years | -63.41% | -77.92% | +14.51% |
Current DrawdownCurrent decline from peak | -58.28% | -49.09% | -9.19% |
Average DrawdownAverage peak-to-trough decline | -13.02% | -31.02% | +18.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.98% | 10.95% | +9.03% |
Volatility
DEO vs. BA - Volatility Comparison
The current volatility for Diageo plc (DEO) is 6.98%, while The Boeing Company (BA) has a volatility of 12.44%. This indicates that DEO experiences smaller price fluctuations and is considered to be less risky than BA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DEO | BA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.98% | 12.44% | -5.46% |
Volatility (6M)Calculated over the trailing 6-month period | 26.52% | 23.39% | +3.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.17% | 32.33% | -0.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.74% | 36.58% | -11.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.39% | 41.61% | -18.22% |
Dividends
DEO vs. BA - Dividend Comparison
DEO's dividend yield for the trailing twelve months is around 4.06%, while BA has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BA The Boeing Company | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.96% | 2.52% | 2.12% | 1.93% | 2.80% | 2.52% |
DEO Diageo plc | 4.06% | 4.80% | 3.26% | 2.77% | 2.16% | 1.82% | 2.29% | 2.07% | 2.51% | 2.18% | 3.00% | 3.13% |
Financials
DEO vs. BA - Financials Comparison
This section allows you to compare key financial metrics between Diageo plc and The Boeing Company. 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
DEO vs. BA - Profitability Comparison
DEO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Diageo plc reported a gross profit of 4.72B and revenue of 7.73B. Therefore, the gross margin over that period was 61.0%.
BA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Boeing Company reported a gross profit of 2.55B and revenue of 22.22B. Therefore, the gross margin over that period was 11.5%.
DEO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Diageo plc reported an operating income of 2.41B and revenue of 7.73B, resulting in an operating margin of 31.1%.
BA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Boeing Company reported an operating income of 448.00M and revenue of 22.22B, resulting in an operating margin of 2.0%.
DEO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Diageo plc reported a net income of 1.48B and revenue of 7.73B, resulting in a net margin of 19.1%.
BA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Boeing Company reported a net income of -4.00M and revenue of 22.22B, resulting in a net margin of -0.0%.
Frequently Asked Questions
DEO and BA have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BA has higher volatility (12.44%) compared to DEO (6.98%). In terms of maximum drawdown, DEO dropped -63.41% vs BA's -89.45%.
BA currently has the higher Sharpe Ratio (0.24 vs -0.66), 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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