DRS vs. BA
DRS (Leonardo DRS Inc. Common Stock) and BA (The Boeing Company) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 3 years, DRS returned 42.71%/yr vs -0.21%/yr for BA. At a 0.27 correlation, their price movements are largely independent.
Performance
DRS vs. BA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DRS achieves a 37.10% return, which is significantly higher than BA's -0.55% return.
DRS
- 1D
- 0.87%
- 1M
- 12.79%
- YTD
- 37.10%
- 6M
- 37.79%
- 1Y
- 5.81%
- 3Y*
- 42.71%
- 5Y*
- —
- 10Y*
- —
BA
- 1D
- 0.22%
- 1M
- -9.03%
- YTD
- -0.55%
- 6M
- 4.68%
- 1Y
- 2.43%
- 3Y*
- -0.21%
- 5Y*
- -2.74%
- 10Y*
- 6.08%
DRS vs. BA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
DRS Leonardo DRS Inc. Common Stock | 37.10% | 6.56% | 61.23% | 56.81% | 16.29% |
BA The Boeing Company | -0.55% | 22.67% | -32.10% | 36.84% | 8.65% |
Correlation
The correlation between DRS and BA is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Nov 30, 2022 | 0.27 |
The correlation between DRS and BA shifts across timeframes, from 0.27 (all time) to 0.38 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
DRS:
$1.44
BA:
$2.90
DRS:
32.36
BA:
74.42
DRS:
1.92
BA:
11.66
DRS:
2.54
BA:
1.83
DRS:
$3.70B
BA:
$92.18B
DRS:
$894.00M
BA:
$4.43B
DRS:
$433.00M
BA:
$7.13B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DRS vs. BA — Risk / Return Rank
DRS
BA
DRS vs. BA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leonardo DRS Inc. Common Stock (DRS) 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.
| DRS | BA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.04 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.18 | 0.10 | +0.08 |
| Martin ratioReturn relative to average drawdown | 0.36 | 0.22 | +0.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| DRS | BA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.15 | 0.08 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.08 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.15 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.34 | 0.30 | +1.04 |
Drawdowns
DRS vs. BA - Drawdown Comparison
The maximum DRS drawdown since its inception was -32.48%, smaller than the maximum BA drawdown of -89.45%. Use the drawdown chart below to compare losses from any high point for DRS and BA.
Loading charts...
Drawdown Indicators
| DRS | BA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.48% | -89.45% | +56.97% |
Max Drawdown (1Y)Largest decline over 1 year | -32.48% | -24.96% | -7.52% |
Max Drawdown (3Y)Largest decline over 3 years | -32.48% | -48.31% | +15.83% |
Max Drawdown (5Y)Largest decline over 5 years | — | -53.76% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -77.92% | — |
Current DrawdownCurrent decline from peak | -4.53% | -49.82% | +45.29% |
Average DrawdownAverage peak-to-trough decline | -7.23% | -31.02% | +23.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.05% | 10.91% | +5.14% |
Volatility
DRS vs. BA - Volatility Comparison
Leonardo DRS Inc. Common Stock (DRS) and The Boeing Company (BA) have volatilities of 11.11% and 11.06%, 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.
Loading charts...
Volatility by Period
| DRS | BA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.11% | 11.06% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 30.76% | 22.76% | +8.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.89% | 31.87% | +8.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.47% | 36.48% | +1.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.47% | 41.58% | -3.11% |
Dividends
DRS vs. BA - Dividend Comparison
DRS's dividend yield for the trailing twelve months is around 0.77%, 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% |
DRS Leonardo DRS Inc. Common Stock | 0.77% | 1.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
DRS vs. BA - Financials Comparison
This section allows you to compare key financial metrics between Leonardo DRS Inc. Common Stock 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
DRS vs. BA - Profitability Comparison
DRS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Leonardo DRS Inc. Common Stock reported a gross profit of 212.00M and revenue of 846.00M. Therefore, the gross margin over that period was 25.1%.
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%.
DRS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Leonardo DRS Inc. Common Stock reported an operating income of 77.00M and revenue of 846.00M, resulting in an operating margin of 9.1%.
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%.
DRS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Leonardo DRS Inc. Common Stock reported a net income of 62.00M and revenue of 846.00M, resulting in a net margin of 7.3%.
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
DRS and BA have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DRS has higher volatility (11.11%) compared to BA (11.06%). In terms of maximum drawdown, DRS dropped -32.48% vs BA's -89.45%.
DRS currently has the higher Sharpe Ratio (0.15 vs 0.08), 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.
Find the right allocation for DRS and BA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer