ESLOY vs. ESLT

Last updated Jun 4, 2026

ESLOY (Essilor International SA) and ESLT (Elbit Systems Ltd) are both stocks. ESLOY operates in Medical Instruments & Supplies (Healthcare), while ESLT operates in Aerospace & Defense (Industrials). Over the past 10 years, ESLOY returned 5.92%/yr vs 25.83%/yr for ESLT. At a 0.21 correlation, their price movements are largely independent.

Performance

ESLOY vs. ESLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Essilor International SA (ESLOY) 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, ESLOY achieves a -36.56% return, which is significantly lower than ESLT's 43.79% return. Over the past 10 years, ESLOY has underperformed ESLT with an annualized return of 5.92%, while ESLT has yielded a comparatively higher 25.83% annualized return.

ESLOY

• 1D: -0.92%
• 1M: -1.41%
• YTD: -36.56%
• 6M: -44.28%
• 1Y: -27.89%
• 3Y*: 4.31%
• 5Y*: 4.22%
• 10Y*: 5.92%

ESLT

• 1D: -2.28%
• 1M: -3.26%
• YTD: 43.79%
• 6M: 73.18%
• 1Y: 97.75%
• 3Y*: 62.84%
• 5Y*: 46.04%
• 10Y*: 25.83%

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

ESLOY vs. ESLT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ESLOY Essilor International SA	-36.56%	33.44%	22.45%	12.96%	-13.84%	38.51%	2.43%	23.58%	-7.18%	26.94%
ESLT Elbit Systems Ltd	43.79%	125.14%	22.17%	31.30%	-4.82%	34.77%	-14.56%	37.62%	-13.22%	32.65%

Correlation

The correlation between ESLOY and ESLT is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (10Y) Calculated over the trailing 10-year period	0.18
Correlation (All Time) Calculated using the full available price history since Jul 16, 2007	0.21

The correlation between ESLOY and ESLT shifts across timeframes, from -0.05 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ESLOY : $92.20B ESLT : $39.93B
EPS ESLOY : $5.01 ESLT : $12.36
PE Ratio ESLOY : 19.60 ESLT : 67.12
PEG Ratio ESLOY : 1.65 ESLT : 3.18
PS Ratio ESLOY : 1.67 ESLT : 4.79
PB Ratio ESLOY : 2.37 ESLT : 9.37
Total Revenue (TTM) ESLOY : $54.89B ESLT : $8.23B
Gross Profit (TTM) ESLOY : $33.87B ESLT : $2.03B
EBITDA (TTM) ESLOY : $12.51B ESLT : $861.06M

Return for Risk

ESLOY vs. ESLT — Risk / Return Rank

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

ESLOY

ESLOY Risk / Return Rank: 11
ESLOY Sharpe Ratio Rank: 7
ESLOY Sortino Ratio Rank: 8
ESLOY Omega Ratio Rank: 9
ESLOY Calmar Ratio Rank: 19
ESLOY Martin Ratio Rank: 12

ESLT

ESLT Risk / Return Rank: 88
ESLT Sharpe Ratio Rank: 90
ESLT Sortino Ratio Rank: 90
ESLT Omega Ratio Rank: 87
ESLT Calmar Ratio Rank: 86
ESLT Martin Ratio Rank: 88

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.

ESLOY vs. ESLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Essilor International SA (ESLOY) 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.

	ESLOY	ESLT	Difference
Sharpe ratio Return per unit of total volatility	-0.86	2.33	-3.19
Sortino ratio Return per unit of downside risk	-1.26	3.25	-4.51
Omega ratio Gain probability vs. loss probability	0.85	1.39	-0.54
Calmar ratio Return relative to maximum drawdown	-0.61	3.78	-4.39
Martin ratio Return relative to average drawdown	-1.27	10.98	-12.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ESLOY vs. ESLT - Sharpe Ratio Comparison

The current ESLOY Sharpe Ratio is -0.86, which is lower than the ESLT Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of ESLOY 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

	ESLOY	ESLT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.86	2.33	-3.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.15	1.40	-1.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	0.89	-0.67
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.62	-0.49

Drawdowns

ESLOY vs. ESLT - Drawdown Comparison

The maximum ESLOY drawdown since its inception was -74.27%, which is greater than ESLT's maximum drawdown of -53.79%. Use the drawdown chart below to compare losses from any high point for ESLOY and ESLT.

Drawdown Indicators

	ESLOY	ESLT	Difference
Max Drawdown Largest peak-to-trough decline	-74.27%	-53.79%	-20.48%
Max Drawdown (1Y) Largest decline over 1 year	-46.23%	-25.98%	-20.25%
Max Drawdown (3Y) Largest decline over 3 years	-46.23%	-25.98%	-20.25%
Max Drawdown (5Y) Largest decline over 5 years	-46.23%	-32.89%	-13.34%
Max Drawdown (10Y) Largest decline over 10 years	-46.23%	-32.89%	-13.34%
Current Drawdown Current decline from peak	-45.86%	-18.10%	-27.76%
Average Drawdown Average peak-to-trough decline	-21.00%	-13.91%	-7.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.04%	8.94%	+13.10%

Volatility

ESLOY vs. ESLT - Volatility Comparison

The current volatility for Essilor International SA (ESLOY) is 6.79%, while Elbit Systems Ltd (ESLT) has a volatility of 16.07%. This indicates that ESLOY 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

	ESLOY	ESLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.79%	16.07%	-9.28%
Volatility (6M) Calculated over the trailing 6-month period	25.90%	33.70%	-7.80%
Volatility (1Y) Calculated over the trailing 1-year period	32.55%	42.24%	-9.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.16%	33.12%	-4.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.16%	29.12%	-1.96%

Dividends

ESLOY vs. ESLT - Dividend Comparison

ESLOY's dividend yield for the trailing twelve months is around 2.39%, more than ESLT's 0.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ESLOY Essilor International SA	2.39%	1.42%	1.75%	1.76%	1.46%	0.62%	0.90%	1.49%	1.49%	3.64%	2.21%	0.91%
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

ESLOY vs. ESLT - Profitability Comparison

The chart below illustrates the profitability comparison between Essilor International SA and Elbit Systems Ltd over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ESLOY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Essilor International SA reported a gross profit of 8.35B and revenue of 14.36B. Therefore, the gross margin over that period was 58.2%.

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%.

ESLOY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Essilor International SA reported an operating income of 1.36B and revenue of 14.36B, resulting in an operating margin of 9.5%.

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%.

ESLOY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Essilor International SA reported a net income of 921.13M and revenue of 14.36B, resulting in a net margin of 6.4%.

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 ESLOY and ESLT in my portfolio?

ESLOY and ESLT have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ESLOY or ESLT?

ESLT has higher volatility (16.07%) compared to ESLOY (6.79%). In terms of maximum drawdown, ESLOY dropped -74.27% vs ESLT's -53.79%.

Which has better risk-adjusted returns?

ESLT currently has the higher Sharpe Ratio (2.33 vs -0.86), 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.