ENEL.MI vs. MONC.MI

Last updated Jun 9, 2026

ENEL.MI (Enel SpA) and MONC.MI (Moncler SpA) are both stocks. ENEL.MI operates in Utilities - Diversified (Utilities), while MONC.MI operates in Apparel Manufacturing (Consumer Cyclical). Over the past 10 years, ENEL.MI returned 15.30%/yr vs 15.74%/yr for MONC.MI. At a 0.34 correlation, their price movements are largely independent.

Performance

ENEL.MI vs. MONC.MI - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Enel SpA (ENEL.MI) and Moncler SpA (MONC.MI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ENEL.MI achieves a 11.97% return, which is significantly higher than MONC.MI's 4.51% return. Both investments have delivered pretty close results over the past 10 years, with ENEL.MI having a 15.30% annualized return and MONC.MI not far ahead at 15.74%.

ENEL.MI

• 1D: 1.36%
• 1M: 0.73%
• YTD: 11.97%
• 6M: 13.51%
• 1Y: 27.95%
• 3Y*: 23.67%
• 5Y*: 10.34%
• 10Y*: 15.30%

MONC.MI

• 1D: 1.83%
• 1M: 5.31%
• YTD: 4.51%
• 6M: -0.56%
• 1Y: 6.29%
• 3Y*: -1.90%
• 5Y*: 1.67%
• 10Y*: 15.74%

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

ENEL.MI vs. MONC.MI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ENEL.MI Enel SpA	11.97%	36.75%	8.35%	42.63%	-23.74%	-11.11%	22.02%	47.36%	2.97%	27.49%
MONC.MI Moncler SpA	4.51%	10.17%	-6.80%	14.52%	-21.57%	28.76%	25.13%	40.08%	11.72%	59.09%

Correlation

The correlation between ENEL.MI and MONC.MI is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Dec 16, 2013	0.34

The correlation between ENEL.MI and MONC.MI shifts across timeframes, from 0.17 (1 year) to 0.34 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ENEL.MI vs. MONC.MI — Risk / Return Rank

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

ENEL.MI

ENEL.MI Risk / Return Rank: 82
ENEL.MI Sharpe Ratio Rank: 83
ENEL.MI Sortino Ratio Rank: 79
ENEL.MI Omega Ratio Rank: 80
ENEL.MI Calmar Ratio Rank: 82
ENEL.MI Martin Ratio Rank: 85

MONC.MI

MONC.MI Risk / Return Rank: 48
MONC.MI Sharpe Ratio Rank: 51
MONC.MI Sortino Ratio Rank: 45
MONC.MI Omega Ratio Rank: 43
MONC.MI Calmar Ratio Rank: 52
MONC.MI Martin Ratio Rank: 51

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.

ENEL.MI vs. MONC.MI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Enel SpA (ENEL.MI) and Moncler SpA (MONC.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.

	ENEL.MI	MONC.MI	Difference
Sharpe ratio: Return per unit of total volatility	1.53	0.21	+1.32
Sortino ratio: Return per unit of downside risk	2.13	0.57	+1.56
Omega ratio: Gain probability vs. loss probability	1.29	1.07	+0.22
Calmar ratio: Return relative to maximum drawdown	2.67	0.39	+2.29
Martin ratio: Return relative to average drawdown	7.98	0.76	+7.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ENEL.MI vs. MONC.MI - Sharpe Ratio Comparison

The current ENEL.MI Sharpe Ratio is 1.53, which is higher than the MONC.MI Sharpe Ratio of 0.21. The chart below compares the historical Sharpe Ratios of ENEL.MI and MONC.MI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ENEL.MI	MONC.MI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.53	0.21	+1.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.05	+0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	0.48	+0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.39	-0.05

Drawdowns

ENEL.MI vs. MONC.MI - Drawdown Comparison

The maximum ENEL.MI drawdown since its inception was -56.40%, which is greater than MONC.MI's maximum drawdown of -45.80%. Use the drawdown chart below to compare losses from any high point for ENEL.MI and MONC.MI.

Drawdown Indicators

	ENEL.MI	MONC.MI	Difference
Max Drawdown Largest peak-to-trough decline	-56.40%	-45.80%	-10.60%
Max Drawdown (1Y) Largest decline over 1 year	-10.99%	-17.65%	+6.66%
Max Drawdown (3Y) Largest decline over 3 years	-13.88%	-32.97%	+19.09%
Max Drawdown (5Y) Largest decline over 5 years	-47.08%	-45.80%	-1.28%
Max Drawdown (10Y) Largest decline over 10 years	-50.13%	-45.80%	-4.33%
Current Drawdown Current decline from peak	-4.81%	-15.03%	+10.22%
Average Drawdown Average peak-to-trough decline	-15.15%	-16.02%	+0.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.68%	9.00%	-5.32%

Volatility

ENEL.MI vs. MONC.MI - Volatility Comparison

The current volatility for Enel SpA (ENEL.MI) is 5.30%, while Moncler SpA (MONC.MI) has a volatility of 8.35%. This indicates that ENEL.MI experiences smaller price fluctuations and is considered to be less risky than MONC.MI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ENEL.MI	MONC.MI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.30%	8.35%	-3.05%
Volatility (6M) Calculated over the trailing 6-month period	17.21%	24.45%	-7.24%
Volatility (1Y) Calculated over the trailing 1-year period	19.24%	32.61%	-13.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.09%	32.45%	-11.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.78%	32.25%	-9.47%

Dividends

ENEL.MI vs. MONC.MI - Dividend Comparison

ENEL.MI's dividend yield for the trailing twelve months is around 5.00%, more than MONC.MI's 2.51% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ENEL.MI Enel SpA	5.00%	4.98%	5.44%	5.56%	7.55%	5.08%	3.96%	3.96%	4.70%	3.51%	3.82%	3.60%
MONC.MI Moncler SpA	2.51%	2.37%	2.26%	2.01%	1.21%	0.70%	0.00%	1.00%	0.97%	0.69%	0.85%	0.93%

Financials

Frequently Asked Questions

Can I hold both ENEL.MI and MONC.MI in my portfolio?

ENEL.MI and MONC.MI have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.