ESLT vs. AM.PA
ESLT (Elbit Systems Ltd) and AM.PA (Dassault Aviation SA) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, ESLT returned 26.53%/yr vs 19.50%/yr for AM.PA. At a 0.15 correlation, their price movements are largely independent.
Performance
ESLT vs. AM.PA - Performance Comparison
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Different Trading Currencies
ESLT is traded in USD, while AM.PA is traded in EUR. To make them comparable, the AM.PA values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, ESLT achieves a 48.00% return, which is significantly higher than AM.PA's 8.65% return. Over the past 10 years, ESLT has outperformed AM.PA with an annualized return of 26.53%, while AM.PA has yielded a comparatively lower 19.50% annualized return.
ESLT
- 1D
- -6.48%
- 1M
- 9.58%
- YTD
- 48.00%
- 6M
- 66.16%
- 1Y
- 98.98%
- 3Y*
- 60.86%
- 5Y*
- 46.38%
- 10Y*
- 26.53%
AM.PA
- 1D
- -1.17%
- 1M
- 5.41%
- YTD
- 8.65%
- 6M
- 9.34%
- 1Y
- -1.01%
- 3Y*
- 24.94%
- 5Y*
- 24.44%
- 10Y*
- 19.50%
ESLT vs. AM.PA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ESLT Elbit Systems Ltd | 48.00% | 125.14% | 22.17% | 31.30% | -4.82% | 34.77% | -14.56% | 37.62% | -13.22% | 32.65% |
AM.PA Dassault Aviation SA | 8.65% | 59.93% | 4.93% | 18.88% | 59.08% | 12.93% | -16.55% | 14.16% | -2.09% | 53.39% |
Correlation
The correlation between ESLT and AM.PA is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 2007 | 0.15 |
The correlation between ESLT and AM.PA shifts across timeframes, from 0.15 (all time) to 0.34 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
ESLT vs. AM.PA — Risk / Return Rank
ESLT
AM.PA
ESLT vs. AM.PA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Elbit Systems Ltd (ESLT) and Dassault Aviation SA (AM.PA). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ESLT | AM.PA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.29 | ||
| Sortino ratioReturn per unit of downside risk | +3.01 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.02 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 3.83 | -0.05 | +3.88 |
| Martin ratioReturn relative to average drawdown | 10.61 | -0.10 | +10.71 |
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Drawdowns
ESLT vs. AM.PA - Drawdown Comparison
The maximum ESLT drawdown since its inception was -53.79%, smaller than the maximum AM.PA drawdown of -58.61%. Use the drawdown chart below to compare losses from any high point for ESLT and AM.PA.
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Drawdown Indicators
| ESLT | AM.PA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.79% | -58.61% | +4.82% |
Max Drawdown (1Y)Largest decline over 1 year | -25.98% | -21.79% | -4.19% |
Max Drawdown (3Y)Largest decline over 3 years | -25.98% | -22.11% | -3.87% |
Max Drawdown (5Y)Largest decline over 5 years | -32.89% | -35.72% | +2.83% |
Max Drawdown (10Y)Largest decline over 10 years | -32.89% | -58.61% | +25.72% |
Current DrawdownCurrent decline from peak | -15.71% | -16.08% | +0.37% |
Average DrawdownAverage peak-to-trough decline | -13.91% | -13.76% | -0.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.36% | 10.52% | -1.16% |
Volatility
ESLT vs. AM.PA - Volatility Comparison
Elbit Systems Ltd (ESLT) has a higher volatility of 19.89% compared to Dassault Aviation SA (AM.PA) at 8.30%. This indicates that ESLT's price experiences larger fluctuations and is considered to be riskier than AM.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESLT | AM.PA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.89% | 8.30% | +11.59% |
Volatility (6M)Calculated over the trailing 6-month period | 35.93% | 25.12% | +10.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.11% | 31.78% | +12.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.66% | 30.48% | +3.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.42% | 31.03% | -1.61% |
Dividends
ESLT vs. AM.PA - Dividend Comparison
ESLT's dividend yield for the trailing twelve months is around 0.36%, less than AM.PA's 1.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AM.PA Dassault Aviation SA | 1.61% | 1.72% | 1.71% | 1.67% | 1.57% | 12.95% | 0.00% | 18.12% | 12.64% | 9.32% | 11.40% | 8.72% |
ESLT Elbit Systems Ltd | 0.36% | 0.47% | 0.77% | 0.94% | 1.22% | 1.03% | 1.28% | 1.14% | 1.54% | 1.32% | 1.57% | 1.63% |
Financials
ESLT vs. AM.PA - Financials Comparison
This section allows you to compare key financial metrics between Elbit Systems Ltd and Dassault Aviation SA. 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
ESLT and AM.PA have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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