EXENS.PA vs. HO.PA

Last updated Jun 4, 2026

EXENS.PA (Exosens) and HO.PA (Thales S.A.) are both stocks. Both are in the Industrials sector — EXENS.PA in Electrical Equipment & Parts, HO.PA in Aerospace & Defense. Over the past year, EXENS.PA returned 37.66% vs -15.86% for HO.PA. At a 0.48 correlation, their price movements are largely independent.

Performance

EXENS.PA vs. HO.PA - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Exosens (EXENS.PA) and Thales S.A. (HO.PA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EXENS.PA achieves a 28.14% return, which is significantly higher than HO.PA's -0.80% return.

EXENS.PA

• 1D: -2.52%
• 1M: -4.92%
• YTD: 28.14%
• 6M: 40.62%
• 1Y: 37.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HO.PA

• 1D: -0.75%
• 1M: -2.24%
• YTD: -0.80%
• 6M: 1.54%
• 1Y: -15.86%
• 3Y*: 21.41%
• 5Y*: 24.17%
• 10Y*: 13.49%

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

EXENS.PA vs. HO.PA - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EXENS.PA Exosens	28.14%	149.94%	-13.64%
HO.PA Thales S.A.	-0.80%	68.36%	-19.30%

Correlation

The correlation between EXENS.PA and HO.PA is 0.59, 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	0.59
Correlation (All Time) Calculated using the full available price history since Jun 10, 2024	0.48

The correlation between EXENS.PA and HO.PA shifts across timeframes, from 0.48 (all time) to 0.59 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

EXENS.PA vs. HO.PA — Risk / Return Rank

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

EXENS.PA

EXENS.PA Risk / Return Rank: 66
EXENS.PA Sharpe Ratio Rank: 67
EXENS.PA Sortino Ratio Rank: 63
EXENS.PA Omega Ratio Rank: 60
EXENS.PA Calmar Ratio Rank: 71
EXENS.PA Martin Ratio Rank: 71

HO.PA

HO.PA Risk / Return Rank: 15
HO.PA Sharpe Ratio Rank: 19
HO.PA Sortino Ratio Rank: 18
HO.PA Omega Ratio Rank: 19
HO.PA Calmar Ratio Rank: 10
HO.PA Martin Ratio Rank: 8

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.

EXENS.PA vs. HO.PA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Exosens (EXENS.PA) and Thales S.A. (HO.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.

	EXENS.PA	HO.PA	Difference
Sharpe ratio: Return per unit of total volatility	0.79	-0.51	+1.29
Sortino ratio: Return per unit of downside risk	1.37	-0.55	+1.92
Omega ratio: Gain probability vs. loss probability	1.16	0.94	+0.22
Calmar ratio: Return relative to maximum drawdown	1.66	-0.80	+2.46
Martin ratio: Return relative to average drawdown	3.74	-1.39	+5.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EXENS.PA vs. HO.PA - Sharpe Ratio Comparison

The current EXENS.PA Sharpe Ratio is 0.79, which is higher than the HO.PA Sharpe Ratio of -0.51. The chart below compares the historical Sharpe Ratios of EXENS.PA and HO.PA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EXENS.PA	HO.PA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.79	-0.51	+1.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.85	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.40	0.30	+1.10

Drawdowns

EXENS.PA vs. HO.PA - Drawdown Comparison

The maximum EXENS.PA drawdown since its inception was -25.04%, smaller than the maximum HO.PA drawdown of -66.14%. Use the drawdown chart below to compare losses from any high point for EXENS.PA and HO.PA.

Drawdown Indicators

	EXENS.PA	HO.PA	Difference
Max Drawdown Largest peak-to-trough decline	-25.04%	-66.14%	+41.10%
Max Drawdown (1Y) Largest decline over 1 year	-22.36%	-19.60%	-2.76%
Max Drawdown (3Y) Largest decline over 3 years	—	-20.55%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.97%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-53.77%	—
Current Drawdown Current decline from peak	-14.84%	-16.13%	+1.29%
Average Drawdown Average peak-to-trough decline	-8.33%	-21.20%	+12.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.70%	10.28%	-0.58%

Volatility

EXENS.PA vs. HO.PA - Volatility Comparison

Exosens (EXENS.PA) has a higher volatility of 14.73% compared to Thales S.A. (HO.PA) at 8.63%. This indicates that EXENS.PA's price experiences larger fluctuations and is considered to be riskier than HO.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EXENS.PA	HO.PA	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.73%	8.63%	+6.10%
Volatility (6M) Calculated over the trailing 6-month period	34.96%	23.41%	+11.55%
Volatility (1Y) Calculated over the trailing 1-year period	47.20%	31.18%	+16.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.12%	28.12%	+19.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.12%	27.55%	+19.57%

Dividends

EXENS.PA vs. HO.PA - Dividend Comparison

EXENS.PA's dividend yield for the trailing twelve months is around 0.49%, less than HO.PA's 1.73% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EXENS.PA Exosens	0.49%	0.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HO.PA Thales S.A.	1.73%	1.65%	2.49%	2.27%	2.23%	2.62%	0.53%	2.36%	1.76%	1.84%	1.53%	1.64%

Financials

Frequently Asked Questions

Can I hold both EXENS.PA and HO.PA in my portfolio?

EXENS.PA and HO.PA have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.