EONGY vs. ESLT

Last updated Jun 9, 2026

EONGY (E.ON SE ADR) and ESLT (Elbit Systems Ltd) are both stocks. EONGY operates in Utilities - Diversified (Utilities), while ESLT operates in Aerospace & Defense (Industrials). Over the past 10 years, EONGY returned 14.02%/yr vs 25.96%/yr for ESLT. At a 0.24 correlation, their price movements are largely independent.

Performance

EONGY vs. ESLT - Performance Comparison

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

Returns By Period

In the year-to-date period, EONGY achieves a 13.49% return, which is significantly lower than ESLT's 43.85% return. Over the past 10 years, EONGY has underperformed ESLT with an annualized return of 14.02%, while ESLT has yielded a comparatively higher 25.96% annualized return.

EONGY

• 1D: -0.86%
• 1M: -1.37%
• YTD: 13.49%
• 6M: 19.62%
• 1Y: 22.20%
• 3Y*: 23.81%
• 5Y*: 15.63%
• 10Y*: 14.02%

ESLT

• 1D: 0.83%
• 1M: 6.13%
• YTD: 43.85%
• 6M: 71.50%
• 1Y: 98.59%
• 3Y*: 60.25%
• 5Y*: 45.92%
• 10Y*: 25.96%

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

EONGY vs. ESLT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EONGY E.ON SE ADR	13.49%	68.77%	-9.82%	41.96%	-25.33%	30.17%	7.27%	11.88%	-7.04%	62.83%
ESLT Elbit Systems Ltd	43.85%	125.14%	22.17%	31.30%	-4.82%	34.77%	-14.56%	37.62%	-13.22%	32.65%

Correlation

The correlation between EONGY and ESLT is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (10Y) Calculated over the trailing 10-year period	0.20
Correlation (All Time) Calculated using the full available price history since Sep 11, 2007	0.24

Fundamentals

Market Cap EONGY : $54.53B ESLT : $39.95B
EPS EONGY : $1.33 ESLT : $12.36
PE Ratio EONGY : 15.74 ESLT : 67.15
PEG Ratio EONGY : 0.09 ESLT : 3.18
PS Ratio EONGY : 0.72 ESLT : 4.80
PB Ratio EONGY : 2.49 ESLT : 9.38
Total Revenue (TTM) EONGY : $75.47B ESLT : $8.23B
Gross Profit (TTM) EONGY : $15.73B ESLT : $2.03B
EBITDA (TTM) EONGY : $9.86B ESLT : $861.06M

Return for Risk

EONGY vs. ESLT — Risk / Return Rank

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

EONGY

EONGY Risk / Return Rank: 71
EONGY Sharpe Ratio Rank: 72
EONGY Sortino Ratio Rank: 65
EONGY Omega Ratio Rank: 64
EONGY Calmar Ratio Rank: 76
EONGY Martin Ratio Rank: 76

ESLT

ESLT Risk / Return Rank: 90
ESLT Sharpe Ratio Rank: 92
ESLT Sortino Ratio Rank: 91
ESLT Omega Ratio Rank: 88
ESLT Calmar Ratio Rank: 88
ESLT Martin Ratio Rank: 89

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.

EONGY vs. ESLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for E.ON SE ADR (EONGY) 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.

	EONGY	ESLT	Difference
Sharpe ratio: Return per unit of total volatility	0.97	2.35	-1.38
Sortino ratio: Return per unit of downside risk	1.41	3.28	-1.87
Omega ratio: Gain probability vs. loss probability	1.18	1.39	-0.21
Calmar ratio: Return relative to maximum drawdown	2.04	3.82	-1.78
Martin ratio: Return relative to average drawdown	4.80	10.82	-6.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EONGY vs. ESLT - Sharpe Ratio Comparison

The current EONGY Sharpe Ratio is 0.97, which is lower than the ESLT Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of EONGY and ESLT, 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

	EONGY	ESLT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.97	2.35	-1.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	1.39	-0.75
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	0.89	-0.34
Sharpe Ratio (All Time) Calculated using the full available price history	0.00	0.62	-0.62

Drawdowns

EONGY vs. ESLT - Drawdown Comparison

The maximum EONGY drawdown since its inception was -85.09%, which is greater than ESLT's maximum drawdown of -53.79%. Use the drawdown chart below to compare losses from any high point for EONGY and ESLT.

Drawdown Indicators

	EONGY	ESLT	Difference
Max Drawdown Largest peak-to-trough decline	-85.09%	-53.79%	-31.30%
Max Drawdown (1Y) Largest decline over 1 year	-10.93%	-25.98%	+15.05%
Max Drawdown (3Y) Largest decline over 3 years	-29.37%	-25.98%	-3.39%
Max Drawdown (5Y) Largest decline over 5 years	-46.78%	-32.89%	-13.89%
Max Drawdown (10Y) Largest decline over 10 years	-46.78%	-32.89%	-13.89%
Current Drawdown Current decline from peak	-26.87%	-18.07%	-8.80%
Average Drawdown Average peak-to-trough decline	-61.06%	-13.92%	-47.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.64%	9.14%	-4.50%

Volatility

EONGY vs. ESLT - Volatility Comparison

The current volatility for E.ON SE ADR (EONGY) is 7.77%, while Elbit Systems Ltd (ESLT) has a volatility of 15.36%. This indicates that EONGY experiences smaller price fluctuations and is considered to be less risky than ESLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EONGY	ESLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.77%	15.36%	-7.59%
Volatility (6M) Calculated over the trailing 6-month period	18.04%	33.61%	-15.57%
Volatility (1Y) Calculated over the trailing 1-year period	23.04%	42.26%	-19.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.56%	33.13%	-8.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.16%	29.13%	-3.97%

Dividends

EONGY vs. ESLT - Dividend Comparison

EONGY's dividend yield for the trailing twelve months is around 3.19%, more than ESLT's 0.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EONGY E.ON SE ADR	3.19%	3.27%	4.98%	4.06%	5.22%	2.91%	3.33%	3.39%	2.77%	4.35%	29.92%	5.47%
ESLT Elbit Systems Ltd	0.37%	0.47%	0.77%	0.94%	1.22%	1.03%	1.28%	1.14%	1.54%	1.32%	1.57%	1.63%

Financials

EONGY vs. ESLT - Profitability Comparison

The chart below illustrates the profitability comparison between E.ON SE ADR and Elbit Systems Ltd over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

EONGY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, E.ON SE ADR reported a gross profit of 2.78B and revenue of 22.18B. Therefore, the gross margin over that period was 12.5%.

ESLT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Elbit Systems Ltd reported a gross profit of 552.06M and revenue of 2.19B. Therefore, the gross margin over that period was 25.2%.

EONGY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, E.ON SE ADR reported an operating income of 2.62B and revenue of 22.18B, resulting in an operating margin of 11.8%.

ESLT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Elbit Systems Ltd reported an operating income of 205.13M and revenue of 2.19B, resulting in an operating margin of 9.4%.

EONGY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, E.ON SE ADR reported a net income of 2.27B and revenue of 22.18B, resulting in a net margin of 10.2%.

ESLT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Elbit Systems Ltd reported a net income of 160.79M and revenue of 2.19B, resulting in a net margin of 7.4%.

Frequently Asked Questions

Can I hold both EONGY and ESLT in my portfolio?

EONGY and ESLT have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EONGY or ESLT?

ESLT has higher volatility (15.36%) compared to EONGY (7.77%). In terms of maximum drawdown, EONGY dropped -85.09% vs ESLT's -53.79%.

Which has better risk-adjusted returns?

ESLT currently has the higher Sharpe Ratio (2.35 vs 0.97), 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.