ESLT vs. ECHO

Last updated Jul 1, 2026

ESLT (Elbit Systems Ltd) and ECHO (EchoStar Corporation) are both stocks. ESLT operates in Aerospace & Defense (Industrials), while ECHO operates in Telecom Services (Communication Services). Their correlation of 0.94 suggests significant overlap in exposure.

Performance

ESLT vs. ECHO - Performance Comparison

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

Returns By Period

ESLT

• 1D: 3.56%
• 1M: -13.76%
• YTD: 31.64%
• 6M: 31.35%
• 1Y: 69.67%
• 3Y*: 54.85%
• 5Y*: 43.85%
• 10Y*: 24.99%

ECHO

• 1D: 0.65%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ESLT vs. ECHO - Yearly Performance Comparison

	2026 (YTD)
ESLT Elbit Systems Ltd	-1.93%
ECHO EchoStar Corporation	-1.85%

Correlation

The correlation between ESLT and ECHO is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 23, 2026	0.94

Return for Risk

ESLT vs. ECHO — Risk / Return Rank

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

ESLT

ESLT Risk / Return Rank: 83
ESLT Sharpe Ratio Rank: 85
ESLT Sortino Ratio Rank: 85
ESLT Omega Ratio Rank: 81
ESLT Calmar Ratio Rank: 80
ESLT Martin Ratio Rank: 82

ECHO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

ESLT vs. ECHO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Elbit Systems Ltd (ESLT) and EchoStar Corporation (ECHO). 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	ECHO	Difference
Sharpe ratio: Return per unit of total volatility	1.58	—	—
Sortino ratio: Return per unit of downside risk	2.48	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	2.39	—	—
Martin ratio: Return relative to average drawdown	6.60	—	—

Drawdowns

ESLT vs. ECHO - Drawdown Comparison

The maximum ESLT drawdown since its inception was -53.79%, which is greater than ECHO's maximum drawdown of -6.48%. Use the drawdown chart below to compare losses from any high point for ESLT and ECHO.

Drawdown Indicators

	ESLT	ECHO	Difference
Max Drawdown Largest peak-to-trough decline	-53.79%	-6.48%	-47.31%
Max Drawdown (1Y) Largest decline over 1 year	-29.27%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-29.27%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-32.89%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-32.89%	—	—
Current Drawdown Current decline from peak	-25.02%	-2.33%	-22.69%
Average Drawdown Average peak-to-trough decline	-13.93%	-3.67%	-10.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.59%	—	—

Volatility

Volatility by Period

	ESLT	ECHO	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.45%	—	—
Volatility (6M) Calculated over the trailing 6-month period	36.71%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	44.34%	42.51%	+1.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.81%	42.51%	-8.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.52%	42.51%	-12.99%

Dividends

ESLT vs. ECHO - Dividend Comparison

ESLT's dividend yield for the trailing twelve months is around 0.46%, while ECHO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ECHO EchoStar Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ESLT Elbit Systems Ltd	0.46%	0.47%	0.77%	0.94%	1.22%	1.03%	1.28%	1.14%	1.54%	1.32%	1.57%	1.63%

Financials

Frequently Asked Questions

Can I hold both ESLT and ECHO in my portfolio?

With a correlation of 0.94, ESLT and ECHO move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.