EZJ.L vs. LDO.MI
EZJ.L (EasyJet plc) and LDO.MI (Leonardo S.p.A.) are both stocks. Both are in the Industrials sector — EZJ.L in Airlines, LDO.MI in Aerospace & Defense. Over the past 10 years, EZJ.L returned -7.11%/yr vs 20.31%/yr for LDO.MI. At a 0.27 correlation, their price movements are largely independent.
Performance
EZJ.L vs. LDO.MI - Performance Comparison
Loading charts...
Different Trading Currencies
EZJ.L is traded in GBp, while LDO.MI is traded in EUR. To make them comparable, the LDO.MI values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, EZJ.L achieves a -5.40% return, which is significantly lower than LDO.MI's 3.45% return. Over the past 10 years, EZJ.L has underperformed LDO.MI with an annualized return of -7.11%, while LDO.MI has yielded a comparatively higher 20.31% annualized return.
EZJ.L
- 1D
- 2.57%
- 1M
- 36.98%
- YTD
- -5.40%
- 6M
- -1.26%
- 1Y
- -17.46%
- 3Y*
- 1.11%
- 5Y*
- -8.69%
- 10Y*
- -7.11%
LDO.MI
- 1D
- 0.89%
- 1M
- -3.58%
- YTD
- 3.45%
- 6M
- 7.21%
- 1Y
- 0.18%
- 3Y*
- 72.34%
- 5Y*
- 49.99%
- 10Y*
- 20.31%
EZJ.L vs. LDO.MI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EZJ.L EasyJet plc | -5.40% | -6.55% | 10.70% | 57.12% | -41.62% | -20.43% | -39.09% | 36.14% | -22.27% | 55.90% |
LDO.MI Leonardo S.p.A. | 3.45% | 101.68% | 68.15% | 83.89% | 36.92% | -0.92% | -38.92% | 30.85% | -20.28% | -21.74% |
Correlation
The correlation between EZJ.L and LDO.MI is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Jul 3, 2007 | 0.27 |
Over the past year, the correlation between EZJ.L and LDO.MI has dropped to 0.03 - well below their long-term average of 0.27, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EZJ.L vs. LDO.MI — Risk / Return Rank
EZJ.L
LDO.MI
EZJ.L vs. LDO.MI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for EasyJet plc (EZJ.L) and Leonardo S.p.A. (LDO.MI). 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.
| EZJ.L | LDO.MI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.49 | ||
| Sortino ratioReturn per unit of downside risk | -0.86 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.04 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.43 | 0.01 | -0.44 |
| Martin ratioReturn relative to average drawdown | -0.77 | 0.02 | -0.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EZJ.L | LDO.MI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.49 | 0.00 | -0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.22 | 1.40 | -1.62 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.15 | 0.54 | -0.70 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.10 | 0.20 | -0.10 |
Drawdowns
EZJ.L vs. LDO.MI - Drawdown Comparison
The maximum EZJ.L drawdown since its inception was -79.19%, smaller than the maximum LDO.MI drawdown of -84.72%. Use the drawdown chart below to compare losses from any high point for EZJ.L and LDO.MI.
Loading charts...
Drawdown Indicators
| EZJ.L | LDO.MI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.19% | -84.72% | +5.53% |
Max Drawdown (1Y)Largest decline over 1 year | -40.62% | -22.93% | -17.69% |
Max Drawdown (3Y)Largest decline over 3 years | -40.62% | -22.93% | -17.69% |
Max Drawdown (5Y)Largest decline over 5 years | -65.66% | -32.18% | -33.48% |
Max Drawdown (10Y)Largest decline over 10 years | -79.19% | -72.53% | -6.66% |
Current DrawdownCurrent decline from peak | -63.56% | -20.02% | -43.54% |
Average DrawdownAverage peak-to-trough decline | -38.16% | -38.67% | +0.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.67% | 10.72% | +11.95% |
Volatility
EZJ.L vs. LDO.MI - Volatility Comparison
EasyJet plc (EZJ.L) has a higher volatility of 15.92% compared to Leonardo S.p.A. (LDO.MI) at 10.47%. This indicates that EZJ.L's price experiences larger fluctuations and is considered to be riskier than LDO.MI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EZJ.L | LDO.MI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.92% | 10.47% | +5.45% |
Volatility (6M)Calculated over the trailing 6-month period | 28.63% | 29.48% | -0.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.48% | 41.02% | -5.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.99% | 35.45% | +3.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.01% | 37.15% | +8.86% |
Dividends
EZJ.L vs. LDO.MI - Dividend Comparison
EZJ.L's dividend yield for the trailing twelve months is around 2.81%, more than LDO.MI's 1.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EZJ.L EasyJet plc | 2.81% | 2.37% | 0.80% | 0.00% | 0.00% | 0.00% | 6.28% | 4.89% | 4.40% | 4.36% | 6.52% | 3.10% |
LDO.MI Leonardo S.p.A. | 1.01% | 1.06% | 1.08% | 0.94% | 1.74% | 0.00% | 2.37% | 1.34% | 1.82% | 1.41% | 0.00% | 0.00% |
Financials
EZJ.L vs. LDO.MI - Financials Comparison
This section allows you to compare key financial metrics between EasyJet plc and Leonardo S.p.A.. 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
EZJ.L and LDO.MI have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for EZJ.L and LDO.MI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer