ETL.PA vs. ETCMY
ETL.PA (Eutelsat Communications SA) and ETCMY (Eutelsat Communications SA ADR) are both stocks. Both operate in the Communication Equipment industry within the Technology sector. Over the past 10 years, ETL.PA returned -7.67%/yr vs -9.80%/yr for ETCMY. At a 0.40 correlation, their price movements are largely independent.
Performance
ETL.PA vs. ETCMY - Performance Comparison
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Different Trading Currencies
ETL.PA is traded in EUR, while ETCMY is traded in USD. To make them comparable, the ETCMY values have been converted to EUR using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with ETL.PA having a 94.72% return and ETCMY slightly lower at 91.89%. Over the past 10 years, ETL.PA has outperformed ETCMY with an annualized return of -7.67%, while ETCMY has yielded a comparatively lower -9.80% annualized return.
ETL.PA
- 1D
- 1.87%
- 1M
- 12.31%
- YTD
- 94.72%
- 6M
- 61.26%
- 1Y
- 22.35%
- 3Y*
- -10.76%
- 5Y*
- -13.08%
- 10Y*
- -7.67%
ETCMY
- 1D
- -0.98%
- 1M
- 20.42%
- YTD
- 91.89%
- 6M
- 11.17%
- 1Y
- -3.56%
- 3Y*
- -17.98%
- 5Y*
- -18.18%
- 10Y*
- -9.80%
ETL.PA vs. ETCMY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ETL.PA Eutelsat Communications SA | 94.72% | -3.45% | -46.64% | -38.94% | -28.12% | 24.58% | -29.96% | -8.65% | -4.30% | 11.56% |
ETCMY Eutelsat Communications SA ADR | 91.89% | -10.52% | -51.53% | -42.21% | -29.73% | 23.12% | -28.61% | -3.49% | -5.82% | 10.10% |
Correlation
The correlation between ETL.PA and ETCMY is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jul 19, 2013 | 0.40 |
The correlation between ETL.PA and ETCMY shifts across timeframes, from 0.35 (10 years) to 0.55 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
ETL.PA vs. ETCMY — Risk / Return Rank
ETL.PA
ETCMY
ETL.PA vs. ETCMY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eutelsat Communications SA (ETL.PA) and Eutelsat Communications SA ADR (ETCMY). 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.
| ETL.PA | ETCMY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.32 | ||
| Sortino ratioReturn per unit of downside risk | +0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.07 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.47 | -0.06 | +0.53 |
| Martin ratioReturn relative to average drawdown | 0.96 | -0.10 | +1.06 |
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
| ETL.PA | ETCMY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.28 | -0.04 | +0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.14 | -0.18 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.11 | -0.12 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.01 | -0.13 | +0.12 |
Drawdowns
ETL.PA vs. ETCMY - Drawdown Comparison
The maximum ETL.PA drawdown since its inception was -93.50%, roughly equal to the maximum ETCMY drawdown of -93.09%. Use the drawdown chart below to compare losses from any high point for ETL.PA and ETCMY.
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Drawdown Indicators
| ETL.PA | ETCMY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.50% | -93.09% | -0.41% |
Max Drawdown (1Y)Largest decline over 1 year | -47.04% | -58.57% | +11.53% |
Max Drawdown (3Y)Largest decline over 3 years | -81.14% | -80.52% | -0.62% |
Max Drawdown (5Y)Largest decline over 5 years | -89.53% | -89.65% | +0.12% |
Max Drawdown (10Y)Largest decline over 10 years | -92.45% | -92.16% | -0.29% |
Current DrawdownCurrent decline from peak | -76.44% | -81.43% | +4.99% |
Average DrawdownAverage peak-to-trough decline | -31.09% | -43.77% | +12.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.06% | 35.06% | -12.00% |
Volatility
ETL.PA vs. ETCMY - Volatility Comparison
The current volatility for Eutelsat Communications SA (ETL.PA) is 31.36%, while Eutelsat Communications SA ADR (ETCMY) has a volatility of 35.62%. This indicates that ETL.PA experiences smaller price fluctuations and is considered to be less risky than ETCMY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ETL.PA | ETCMY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 31.36% | 35.62% | -4.26% |
Volatility (6M)Calculated over the trailing 6-month period | 51.98% | 60.78% | -8.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 78.89% | 83.71% | -4.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 92.09% | 101.11% | -9.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 68.80% | 78.97% | -10.17% |
Dividends
ETL.PA vs. ETCMY - Dividend Comparison
Neither ETL.PA nor ETCMY has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETCMY Eutelsat Communications SA ADR | 0.00% | 0.00% | 0.00% | 0.00% | 12.36% | 8.66% | 8.93% | 8.51% | 7.60% | 6.21% | 6.06% | 3.86% |
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% | 3.95% |
Financials
ETL.PA vs. ETCMY - Financials Comparison
This section allows you to compare key financial metrics between Eutelsat Communications SA and Eutelsat Communications SA ADR. 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
ETL.PA and ETCMY have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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