ESLT vs. EGO
ESLT (Elbit Systems Ltd) and EGO (Eldorado Gold Corporation) are both stocks. ESLT operates in Aerospace & Defense (Industrials), while EGO operates in Gold (Basic Materials). Over the past 10 years, ESLT returned 25.96%/yr vs 3.08%/yr for EGO. At a 0.10 correlation, their price movements are largely independent.
Performance
ESLT vs. EGO - Performance Comparison
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Returns By Period
In the year-to-date period, ESLT achieves a 43.85% return, which is significantly higher than EGO's -16.52% return. Over the past 10 years, ESLT has outperformed EGO with an annualized return of 25.96%, while EGO has yielded a comparatively lower 3.08% annualized return.
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%
EGO
- 1D
- 0.95%
- 1M
- -12.34%
- YTD
- -16.52%
- 6M
- -2.86%
- 1Y
- 41.91%
- 3Y*
- 45.33%
- 5Y*
- 21.45%
- 10Y*
- 3.08%
ESLT vs. EGO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ESLT Elbit Systems Ltd | 43.85% | 125.14% | 22.17% | 31.30% | -4.82% | 34.77% | -14.56% | 37.62% | -13.22% | 32.65% |
EGO Eldorado Gold Corporation | -16.52% | 141.56% | 14.65% | 55.14% | -10.59% | -29.54% | 65.26% | 178.82% | -59.72% | -55.28% |
Correlation
The correlation between ESLT and EGO 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 | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jan 24, 2003 | 0.10 |
The correlation between ESLT and EGO shifts across timeframes, from 0.10 (all time) to 0.24 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
ESLT:
$39.95B
EGO:
$6.00B
ESLT:
$12.36
EGO:
$2.83
ESLT:
67.15
EGO:
10.57
ESLT:
3.18
EGO:
0.16
ESLT:
4.80
EGO:
3.03
ESLT:
9.38
EGO:
1.39
ESLT:
$8.23B
EGO:
$2.00B
ESLT:
$2.03B
EGO:
$988.83M
ESLT:
$861.06M
EGO:
$1.04B
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Return for Risk
ESLT vs. EGO — Risk / Return Rank
ESLT
EGO
ESLT vs. EGO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Elbit Systems Ltd (ESLT) and Eldorado Gold Corporation (EGO). 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.
| ESLT | EGO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.53 | ||
| Sortino ratioReturn per unit of downside risk | +1.99 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.17 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 3.82 | 1.01 | +2.81 |
| Martin ratioReturn relative to average drawdown | 10.82 | 2.36 | +8.46 |
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
| ESLT | EGO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.35 | 0.82 | +1.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.39 | 0.47 | +0.92 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.89 | 0.06 | +0.84 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 0.11 | +0.51 |
Drawdowns
ESLT vs. EGO - Drawdown Comparison
The maximum ESLT drawdown since its inception was -53.79%, smaller than the maximum EGO drawdown of -97.49%. Use the drawdown chart below to compare losses from any high point for ESLT and EGO.
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Drawdown Indicators
| ESLT | EGO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.79% | -97.49% | +43.70% |
Max Drawdown (1Y)Largest decline over 1 year | -25.98% | -41.89% | +15.91% |
Max Drawdown (3Y)Largest decline over 3 years | -25.98% | -41.89% | +15.91% |
Max Drawdown (5Y)Largest decline over 5 years | -32.89% | -57.70% | +24.81% |
Max Drawdown (10Y)Largest decline over 10 years | -32.89% | -89.45% | +56.56% |
Current DrawdownCurrent decline from peak | -18.07% | -71.44% | +53.37% |
Average DrawdownAverage peak-to-trough decline | -13.92% | -55.68% | +41.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.14% | 17.77% | -8.63% |
Volatility
ESLT vs. EGO - Volatility Comparison
The current volatility for Elbit Systems Ltd (ESLT) is 15.36%, while Eldorado Gold Corporation (EGO) has a volatility of 17.23%. This indicates that ESLT experiences smaller price fluctuations and is considered to be less risky than EGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESLT | EGO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.36% | 17.23% | -1.87% |
Volatility (6M)Calculated over the trailing 6-month period | 33.61% | 43.00% | -9.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.26% | 51.63% | -9.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.13% | 45.81% | -12.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.13% | 55.33% | -26.20% |
Dividends
ESLT vs. EGO - Dividend Comparison
ESLT's dividend yield for the trailing twelve months is around 0.37%, less than EGO's 0.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EGO Eldorado Gold Corporation | 0.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.40% | 0.00% | 0.67% |
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
ESLT vs. EGO - Financials Comparison
This section allows you to compare key financial metrics between Elbit Systems Ltd and Eldorado Gold Corporation. 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
ESLT vs. EGO - Profitability Comparison
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%.
EGO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Eldorado Gold Corporation reported a gross profit of 290.22M and revenue of 532.43M. Therefore, the gross margin over that period was 54.5%.
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%.
EGO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Eldorado Gold Corporation reported an operating income of 261.43M and revenue of 532.43M, resulting in an operating margin of 49.1%.
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%.
EGO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Eldorado Gold Corporation reported a net income of 136.38M and revenue of 532.43M, resulting in a net margin of 25.6%.
Frequently Asked Questions
ESLT and EGO 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.
EGO has higher volatility (17.23%) compared to ESLT (15.36%). In terms of maximum drawdown, ESLT dropped -53.79% vs EGO's -97.49%.
ESLT currently has the higher Sharpe Ratio (2.35 vs 0.82), 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.
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