ENLT vs. PM
ENLT (Enlight Renewable Energy Ltd. Ordinary Shares) and PM (Philip Morris International Inc.) are both stocks. ENLT operates in Utilities - Renewable (Utilities), while PM operates in Tobacco (Consumer Defensive). Over the past 3 years, ENLT returned 69.79%/yr vs 29.53%/yr for PM. At a 0.03 correlation, their price movements are largely independent.
Performance
ENLT vs. PM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ENLT achieves a 109.11% return, which is significantly higher than PM's 10.74% return.
ENLT
- 1D
- 4.48%
- 1M
- 5.03%
- YTD
- 109.11%
- 6M
- 137.83%
- 1Y
- 382.54%
- 3Y*
- 69.79%
- 5Y*
- —
- 10Y*
- —
PM
- 1D
- -1.25%
- 1M
- 2.97%
- YTD
- 10.74%
- 6M
- 20.88%
- 1Y
- 0.31%
- 3Y*
- 29.53%
- 5Y*
- 18.20%
- 10Y*
- 11.05%
ENLT vs. PM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ENLT Enlight Renewable Energy Ltd. Ordinary Shares | 109.11% | 163.61% | -9.90% | 6.93% |
PM Philip Morris International Inc. | 10.74% | 37.99% | 34.34% | -2.63% |
Correlation
The correlation between ENLT and PM is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 2023 | 0.03 |
The correlation between ENLT and PM shifts across timeframes, from -0.13 (1 year) to 0.03 (all time), reflecting how their relationship changes across market environments.
Fundamentals
ENLT:
$13.94B
PM:
$275.15B
ENLT:
$0.68
PM:
$7.12
ENLT:
140.28
PM:
24.74
ENLT:
0.70
PM:
2.69
ENLT:
16.15
PM:
6.62
ENLT:
$813.08M
PM:
$41.49B
ENLT:
$446.15M
PM:
$27.93B
ENLT:
$670.45M
PM:
$17.74B
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
ENLT vs. PM — Risk / Return Rank
ENLT
PM
ENLT vs. PM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enlight Renewable Energy Ltd. Ordinary Shares (ENLT) and Philip Morris International Inc. (PM). 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.
| ENLT | PM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +7.21 | ||
| Sortino ratioReturn per unit of downside risk | +5.23 | ||
| Omega ratioGain probability vs. loss probability | 1.72 | 1.03 | +0.69 |
| Calmar ratioReturn relative to maximum drawdown | 21.44 | 0.02 | +21.43 |
| Martin ratioReturn relative to average drawdown | 73.16 | 0.03 | +73.13 |
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
| ENLT | PM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 7.22 | 0.01 | +7.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.81 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.45 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.49 | 0.52 | +0.97 |
Drawdowns
ENLT vs. PM - Drawdown Comparison
The maximum ENLT drawdown since its inception was -39.32%, smaller than the maximum PM drawdown of -42.87%. Use the drawdown chart below to compare losses from any high point for ENLT and PM.
Loading charts...
Drawdown Indicators
| ENLT | PM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.32% | -42.87% | +3.55% |
Max Drawdown (1Y)Largest decline over 1 year | -17.98% | -20.64% | +2.66% |
Max Drawdown (3Y)Largest decline over 3 years | -39.32% | -20.64% | -18.68% |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.78% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.87% | — |
Current DrawdownCurrent decline from peak | -11.51% | -8.24% | -3.27% |
Average DrawdownAverage peak-to-trough decline | -11.88% | -10.02% | -1.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.26% | 10.79% | -5.53% |
Volatility
ENLT vs. PM - Volatility Comparison
Enlight Renewable Energy Ltd. Ordinary Shares (ENLT) has a higher volatility of 21.08% compared to Philip Morris International Inc. (PM) at 9.76%. This indicates that ENLT's price experiences larger fluctuations and is considered to be riskier than PM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ENLT | PM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.08% | 9.76% | +11.32% |
Volatility (6M)Calculated over the trailing 6-month period | 43.80% | 20.84% | +22.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.52% | 27.67% | +25.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.44% | 22.69% | +21.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.44% | 24.45% | +19.99% |
Dividends
ENLT vs. PM - Dividend Comparison
ENLT has not paid dividends to shareholders, while PM's dividend yield for the trailing twelve months is around 3.27%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENLT Enlight Renewable Energy Ltd. Ordinary Shares | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PM Philip Morris International Inc. | 3.27% | 3.52% | 4.40% | 5.46% | 4.98% | 5.16% | 5.73% | 5.43% | 6.73% | 3.99% | 4.50% | 4.60% |
Financials
ENLT vs. PM - Financials Comparison
This section allows you to compare key financial metrics between Enlight Renewable Energy Ltd. Ordinary Shares and Philip Morris International Inc.. 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
ENLT vs. PM - Profitability Comparison
ENLT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Enlight Renewable Energy Ltd. Ordinary Shares reported a gross profit of 112.21M and revenue of 156.49M. Therefore, the gross margin over that period was 71.7%.
PM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Philip Morris International Inc. reported a gross profit of 6.91B and revenue of 10.15B. Therefore, the gross margin over that period was 68.1%.
ENLT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Enlight Renewable Energy Ltd. Ordinary Shares reported an operating income of 81.63M and revenue of 156.49M, resulting in an operating margin of 52.2%.
PM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Philip Morris International Inc. reported an operating income of 3.89B and revenue of 10.15B, resulting in an operating margin of 38.4%.
ENLT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Enlight Renewable Energy Ltd. Ordinary Shares reported a net income of 24.07M and revenue of 156.49M, resulting in a net margin of 15.4%.
PM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Philip Morris International Inc. reported a net income of 2.44B and revenue of 10.15B, resulting in a net margin of 24.0%.
Frequently Asked Questions
ENLT and PM have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ENLT has higher volatility (21.08%) compared to PM (9.76%). In terms of maximum drawdown, ENLT dropped -39.32% vs PM's -42.87%.
ENLT currently has the higher Sharpe Ratio (7.22 vs 0.01), 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 ENLT and PM
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