ECHO vs. ESLT

Last updated Jul 1, 2026

ECHO (EchoStar Corporation) and ESLT (Elbit Systems Ltd) are both stocks. ECHO operates in Telecom Services (Communication Services), while ESLT operates in Aerospace & Defense (Industrials). Their correlation of 0.94 suggests significant overlap in exposure.

Performance

ECHO vs. ESLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in EchoStar Corporation (ECHO) and Elbit Systems Ltd (ESLT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ECHO

• 1D: 0.65%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ESLT

• 1D: 3.56%
• 1M: -13.76%
• YTD: 31.64%
• 6M: 31.35%
• 1Y: 69.67%
• 3Y*: 54.85%
• 5Y*: 43.85%
• 10Y*: 24.99%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ECHO vs. ESLT - Yearly Performance Comparison

	2026 (YTD)
ECHO EchoStar Corporation	-1.85%
ESLT Elbit Systems Ltd	-1.93%

Correlation

The correlation between ECHO and ESLT is 0.94, 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	0.94

Return for Risk

ECHO vs. ESLT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ECHO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

ESLT

ESLT Risk / Return Rank: 83
ESLT Sharpe Ratio Rank: 85
ESLT Sortino Ratio Rank: 85
ESLT Omega Ratio Rank: 81
ESLT Calmar Ratio Rank: 80
ESLT Martin Ratio Rank: 82

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ECHO vs. ESLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for EchoStar Corporation (ECHO) and Elbit Systems Ltd (ESLT). 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	ESLT	Difference
Sharpe ratio: Return per unit of total volatility	—	1.58	—
Sortino ratio: Return per unit of downside risk	—	2.48	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	2.39	—
Martin ratio: Return relative to average drawdown	—	6.60	—

Drawdowns

ECHO vs. ESLT - Drawdown Comparison

The maximum ECHO drawdown since its inception was -6.48%, smaller than the maximum ESLT drawdown of -53.79%. Use the drawdown chart below to compare losses from any high point for ECHO and ESLT.

Drawdown Indicators

	ECHO	ESLT	Difference
Max Drawdown Largest peak-to-trough decline	-6.48%	-53.79%	+47.31%
Max Drawdown (1Y) Largest decline over 1 year	—	-29.27%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-29.27%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.89%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.89%	—
Current Drawdown Current decline from peak	-2.33%	-25.02%	+22.69%
Average Drawdown Average peak-to-trough decline	-3.67%	-13.93%	+10.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.59%	—

Volatility

Volatility by Period

	ECHO	ESLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	16.45%	—
Volatility (6M) Calculated over the trailing 6-month period	—	36.71%	—
Volatility (1Y) Calculated over the trailing 1-year period	42.51%	44.34%	-1.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.51%	33.81%	+8.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.51%	29.52%	+12.99%

Dividends

ECHO vs. ESLT - Dividend Comparison

ECHO has not paid dividends to shareholders, while ESLT's dividend yield for the trailing twelve months is around 0.46%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ECHO EchoStar Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ESLT Elbit Systems Ltd	0.46%	0.47%	0.77%	0.94%	1.22%	1.03%	1.28%	1.14%	1.54%	1.32%	1.57%	1.63%

Financials

Frequently Asked Questions

Can I hold both ECHO and ESLT in my portfolio?

With a correlation of 0.94, ECHO and ESLT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.