ETL.PA vs. ASTS

Last updated Jul 1, 2026

ETL.PA (Eutelsat Communications SA) and ASTS (AST SpaceMobile, Inc.) are both stocks. Both operate in the Communication Equipment industry within the Technology sector. Over the past 5 years, ETL.PA returned -21.95%/yr vs 47.40%/yr for ASTS. At a 0.14 correlation, their price movements are largely independent.

Performance

ETL.PA vs. ASTS - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Eutelsat Communications SA (ETL.PA) and AST SpaceMobile, Inc. (ASTS). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ETL.PA is traded in EUR, while ASTS is traded in USD. To make them comparable, the ASTS values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ETL.PA achieves a 40.94% return, which is significantly higher than ASTS's 22.99% return.

ETL.PA

• 1D: 7.11%
• 1M: -39.45%
• YTD: 40.94%
• 6M: 41.76%
• 1Y: -35.04%
• 3Y*: -26.14%
• 5Y*: -21.95%
• 10Y*: -13.15%

ASTS

• 1D: 0.00%
• 1M: -21.85%
• YTD: 22.99%
• 6M: 19.62%
• 1Y: 91.75%
• 3Y*: 160.36%
• 5Y*: 47.40%
• 10Y*: —

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

ETL.PA vs. ASTS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ETL.PA Eutelsat Communications SA	40.94%	-24.67%	-46.59%	-38.94%	-28.12%	10.24%
ASTS AST SpaceMobile, Inc.	26.00%	203.37%	273.02%	21.35%	-35.53%	-28.72%

Correlation

The correlation between ETL.PA and ASTS is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.14
Correlation (All Time) Calculated using the full available price history since Apr 7, 2021	0.14

Return for Risk

ETL.PA vs. ASTS — Risk / Return Rank

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

ETL.PA

ETL.PA Risk / Return Rank: 26
ETL.PA Sharpe Ratio Rank: 26
ETL.PA Sortino Ratio Rank: 30
ETL.PA Omega Ratio Rank: 30
ETL.PA Calmar Ratio Rank: 22
ETL.PA Martin Ratio Rank: 23

ASTS

ASTS Risk / Return Rank: 71
ASTS Sharpe Ratio Rank: 70
ASTS Sortino Ratio Rank: 73
ASTS Omega Ratio Rank: 68
ASTS Calmar Ratio Rank: 74
ASTS Martin Ratio Rank: 72

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.

ETL.PA vs. ASTS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eutelsat Communications SA (ETL.PA) and AST SpaceMobile, Inc. (ASTS). 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.

	ETL.PA	ASTS	Difference
Sharpe ratio: Return per unit of total volatility	-0.41	0.86	-1.27
Sortino ratio: Return per unit of downside risk	-0.11	1.77	-1.89
Omega ratio: Gain probability vs. loss probability	0.99	1.20	-0.22
Calmar ratio: Return relative to maximum drawdown	-0.59	1.86	-2.45
Martin ratio: Return relative to average drawdown	-0.99	3.68	-4.67

ETL.PA vs. ASTS - Sharpe Ratio Comparison

The current ETL.PA Sharpe Ratio is -0.41, which is lower than the ASTS Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of ETL.PA and ASTS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ETL.PA vs. ASTS - Drawdown Comparison

The maximum ETL.PA drawdown since its inception was -93.48%, which is greater than ASTS's maximum drawdown of -86.38%. Use the drawdown chart below to compare losses from any high point for ETL.PA and ASTS.

Drawdown Indicators

	ETL.PA	ASTS	Difference
Max Drawdown Largest peak-to-trough decline	-93.48%	-86.38%	-7.10%
Max Drawdown (1Y) Largest decline over 1 year	-58.79%	-49.49%	-9.30%
Max Drawdown (3Y) Largest decline over 3 years	-81.09%	-67.42%	-13.67%
Max Drawdown (5Y) Largest decline over 5 years	-89.50%	-86.38%	-3.12%
Max Drawdown (10Y) Largest decline over 10 years	-92.43%	—	—
Current Drawdown Current decline from peak	-86.69%	-33.43%	-53.26%
Average Drawdown Average peak-to-trough decline	-32.90%	-40.02%	+7.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	35.42%	25.02%	+10.40%

Volatility

ETL.PA vs. ASTS - Volatility Comparison

The current volatility for Eutelsat Communications SA (ETL.PA) is 21.59%, while AST SpaceMobile, Inc. (ASTS) has a volatility of 39.96%. This indicates that ETL.PA experiences smaller price fluctuations and is considered to be less risky than ASTS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ETL.PA	ASTS	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.59%	39.96%	-18.37%
Volatility (6M) Calculated over the trailing 6-month period	53.32%	82.91%	-29.59%
Volatility (1Y) Calculated over the trailing 1-year period	85.32%	107.47%	-22.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	95.24%	108.82%	-13.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.85%	110.68%	-39.83%

Dividends

ETL.PA vs. ASTS - Dividend Comparison

Neither ETL.PA nor ASTS has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ASTS AST SpaceMobile, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ETL.PA Eutelsat Communications SA	0.00%	0.00%	0.00%	0.00%	13.36%	8.66%	9.61%	8.76%	7.38%	6.27%	5.98%	3.87%

Financials

Frequently Asked Questions

Can I hold both ETL.PA and ASTS in my portfolio?

ETL.PA and ASTS have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.