ECHO vs. AVIO.MI
ECHO (EchoStar Corporation) and AVIO.MI (Avio S.p.A.) are both stocks. ECHO operates in Telecom Services (Communication Services), while AVIO.MI operates in Aerospace & Defense (Industrials). Their correlation of 0.83 suggests significant overlap in exposure.
Performance
ECHO vs. AVIO.MI - Performance Comparison
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Different Trading Currencies
ECHO is traded in USD, while AVIO.MI is traded in EUR. To make them comparable, the AVIO.MI values have been converted to USD using the latest available exchange rates.
Returns By Period
ECHO
- 1D
- 0.65%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AVIO.MI
- 1D
- 6.54%
- 1M
- -28.56%
- YTD
- 4.58%
- 6M
- 4.58%
- 1Y
- 29.36%
- 3Y*
- 53.43%
- 5Y*
- 20.47%
- 10Y*
- 6.41%
ECHO vs. AVIO.MI - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ECHO EchoStar Corporation | -1.85% |
AVIO.MI Avio S.p.A. | -4.30% |
Correlation
The correlation between ECHO and AVIO.MI is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 23, 2026 | 0.83 |
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Return for Risk
ECHO vs. AVIO.MI — Risk / Return Rank
ECHO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
AVIO.MI
ECHO vs. AVIO.MI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for EchoStar Corporation (ECHO) and Avio S.p.A. (AVIO.MI). 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.
| ECHO | AVIO.MI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.13 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.52 | — |
| Martin ratioReturn relative to average drawdown | — | 0.87 | — |
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Drawdowns
ECHO vs. AVIO.MI - Drawdown Comparison
The maximum ECHO drawdown since its inception was -6.48%, smaller than the maximum AVIO.MI drawdown of -67.00%. Use the drawdown chart below to compare losses from any high point for ECHO and AVIO.MI.
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Drawdown Indicators
| ECHO | AVIO.MI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.48% | -67.00% | +60.52% |
Max Drawdown (1Y)Largest decline over 1 year | — | -56.77% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -56.77% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -56.77% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -67.00% | — |
Current DrawdownCurrent decline from peak | -2.33% | -43.76% | +41.43% |
Average DrawdownAverage peak-to-trough decline | -3.67% | -34.07% | +30.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 33.69% | — |
Volatility
ECHO vs. AVIO.MI - Volatility Comparison
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Volatility by Period
| ECHO | AVIO.MI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 15.40% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 44.04% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 42.51% | 68.23% | -25.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.51% | 43.86% | -1.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.51% | 39.83% | +2.68% |
Dividends
ECHO vs. AVIO.MI - Dividend Comparison
ECHO has not paid dividends to shareholders, while AVIO.MI's dividend yield for the trailing twelve months is around 0.47%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
AVIO.MI Avio S.p.A. | 0.47% | 0.41% | 1.07% | 0.00% | 1.86% | 2.44% | 0.00% | 3.17% | 3.41% |
ECHO EchoStar Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ECHO vs. AVIO.MI - Financials Comparison
This section allows you to compare key financial metrics between EchoStar Corporation and Avio S.p.A.. 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
ECHO and AVIO.MI have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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