EOS.AX vs. DRO.AX
EOS.AX (Electro Optic Systems Holdings Limited) and DRO.AX (DroneShield Limited) are both stocks. EOS.AX operates in Aerospace & Defense (Industrials), while DRO.AX operates in Computer Hardware (Technology). Over the past 5 years, EOS.AX returned 19.73%/yr vs 77.08%/yr for DRO.AX. At a 0.19 correlation, their price movements are largely independent.
Performance
EOS.AX vs. DRO.AX - Performance Comparison
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Returns By Period
In the year-to-date period, EOS.AX achieves a 14.41% return, which is significantly higher than DRO.AX's -3.90% return.
EOS.AX
- 1D
- -9.24%
- 1M
- 8.32%
- YTD
- 14.41%
- 6M
- 142.15%
- 1Y
- 404.67%
- 3Y*
- 134.27%
- 5Y*
- 19.73%
- 10Y*
- 18.37%
DRO.AX
- 1D
- -3.58%
- 1M
- -22.51%
- YTD
- -3.90%
- 6M
- 55.38%
- 1Y
- 81.60%
- 3Y*
- 127.92%
- 5Y*
- 77.08%
- 10Y*
- —
EOS.AX vs. DRO.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EOS.AX Electro Optic Systems Holdings Limited | 14.41% | 628.96% | 24.52% | 114.43% | -79.27% | -60.41% | -20.35% | 202.86% | 0.00% | 41.62% |
DRO.AX DroneShield Limited | -3.90% | 302.61% | 106.76% | 68.18% | 25.71% | 2.94% | -38.18% | 44.74% | -0.00% | -32.14% |
Correlation
The correlation between EOS.AX and DRO.AX is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2016 | 0.19 |
Over the past year, EOS.AX and DRO.AX have become more correlated (0.51) than their long-term average of 0.19, meaning their price movements have been converging.
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Return for Risk
EOS.AX vs. DRO.AX — Risk / Return Rank
EOS.AX
DRO.AX
EOS.AX vs. DRO.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Electro Optic Systems Holdings Limited (EOS.AX) and DroneShield Limited (DRO.AX). 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.
| EOS.AX | DRO.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.05 | ||
| Sortino ratioReturn per unit of downside risk | +1.92 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.21 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 7.26 | 1.18 | +6.09 |
| Martin ratioReturn relative to average drawdown | 15.96 | 2.17 | +13.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EOS.AX | DRO.AX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.84 | 0.79 | +3.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.89 | -0.65 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.26 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.29 | -0.11 |
Drawdowns
EOS.AX vs. DRO.AX - Drawdown Comparison
The maximum EOS.AX drawdown since its inception was -97.82%, which is greater than DRO.AX's maximum drawdown of -82.63%. Use the drawdown chart below to compare losses from any high point for EOS.AX and DRO.AX.
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Drawdown Indicators
| EOS.AX | DRO.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.82% | -82.63% | -15.19% |
Max Drawdown (1Y)Largest decline over 1 year | -57.47% | -74.02% | +16.55% |
Max Drawdown (3Y)Largest decline over 3 years | -57.47% | -77.31% | +19.84% |
Max Drawdown (5Y)Largest decline over 5 years | -90.79% | -77.31% | -13.48% |
Max Drawdown (10Y)Largest decline over 10 years | -95.92% | — | — |
Current DrawdownCurrent decline from peak | -11.91% | -55.15% | +43.24% |
Average DrawdownAverage peak-to-trough decline | -62.88% | -50.39% | -12.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.27% | 40.27% | -14.00% |
Volatility
EOS.AX vs. DRO.AX - Volatility Comparison
Electro Optic Systems Holdings Limited (EOS.AX) has a higher volatility of 27.97% compared to DroneShield Limited (DRO.AX) at 20.44%. This indicates that EOS.AX's price experiences larger fluctuations and is considered to be riskier than DRO.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EOS.AX | DRO.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.97% | 20.44% | +7.53% |
Volatility (6M)Calculated over the trailing 6-month period | 74.70% | 71.49% | +3.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 108.75% | 111.08% | -2.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 82.93% | 86.26% | -3.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.70% | 89.38% | -18.68% |
Dividends
EOS.AX vs. DRO.AX - Dividend Comparison
Neither EOS.AX nor DRO.AX has paid dividends to shareholders.
Financials
EOS.AX vs. DRO.AX - Financials Comparison
This section allows you to compare key financial metrics between Electro Optic Systems Holdings Limited and DroneShield Limited. 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
EOS.AX and DRO.AX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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