EZJ.L vs. RYAAY
EZJ.L (EasyJet plc) and RYAAY (Ryanair Holdings plc) are both stocks. Both operate in the Airlines industry within the Industrials sector. Over the past 10 years, EZJ.L returned -7.11%/yr vs 6.43%/yr for RYAAY. At a 0.46 correlation, their price movements are largely independent.
Performance
EZJ.L vs. RYAAY - Performance Comparison
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Different Trading Currencies
EZJ.L is traded in GBp, while RYAAY is traded in USD. To make them comparable, the RYAAY 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 higher than RYAAY's -20.24% return. Over the past 10 years, EZJ.L has underperformed RYAAY with an annualized return of -7.11%, while RYAAY has yielded a comparatively higher 6.43% 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%
RYAAY
- 1D
- -0.31%
- 1M
- 5.63%
- YTD
- -20.24%
- 6M
- -12.34%
- 1Y
- 5.27%
- 3Y*
- 9.23%
- 5Y*
- 6.81%
- 10Y*
- 6.43%
EZJ.L vs. RYAAY - 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% |
RYAAY Ryanair Holdings plc | -20.24% | 56.97% | -14.68% | 69.47% | -18.26% | -6.07% | 21.85% | 18.13% | -27.47% | 14.32% |
Correlation
The correlation between EZJ.L and RYAAY is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jul 3, 2007 | 0.46 |
The correlation between EZJ.L and RYAAY has been stable across timeframes, ranging from 0.46 to 0.51 - a consistent structural relationship.
Fundamentals
EZJ.L:
£3.54B
RYAAY:
$29.74B
EZJ.L:
£1.09
RYAAY:
$4.08
EZJ.L:
4.30
RYAAY:
13.97
EZJ.L:
0.27
RYAAY:
0.19
EZJ.L:
0.18
RYAAY:
1.94
EZJ.L:
0.97
RYAAY:
2.94
EZJ.L:
£20.10B
RYAAY:
$15.59B
EZJ.L:
£3.19B
RYAAY:
$3.93B
EZJ.L:
£2.86B
RYAAY:
$3.84B
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Return for Risk
EZJ.L vs. RYAAY — Risk / Return Rank
EZJ.L
RYAAY
EZJ.L vs. RYAAY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for EasyJet plc (EZJ.L) and Ryanair Holdings plc (RYAAY). 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 | RYAAY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.65 | ||
| Sortino ratioReturn per unit of downside risk | -1.06 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.06 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.43 | 0.19 | -0.62 |
| Martin ratioReturn relative to average drawdown | -0.77 | 0.47 | -1.24 |
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
| EZJ.L | RYAAY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.49 | 0.16 | -0.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.22 | 0.20 | -0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.15 | 0.18 | -0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.10 | 0.30 | -0.20 |
Drawdowns
EZJ.L vs. RYAAY - Drawdown Comparison
The maximum EZJ.L drawdown since its inception was -79.19%, which is greater than RYAAY's maximum drawdown of -60.74%. Use the drawdown chart below to compare losses from any high point for EZJ.L and RYAAY.
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Drawdown Indicators
| EZJ.L | RYAAY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.19% | -60.74% | -18.45% |
Max Drawdown (1Y)Largest decline over 1 year | -40.62% | -27.48% | -13.14% |
Max Drawdown (3Y)Largest decline over 3 years | -40.62% | -37.31% | -3.31% |
Max Drawdown (5Y)Largest decline over 5 years | -65.66% | -44.86% | -20.80% |
Max Drawdown (10Y)Largest decline over 10 years | -79.19% | -57.17% | -22.02% |
Current DrawdownCurrent decline from peak | -63.56% | -21.75% | -41.81% |
Average DrawdownAverage peak-to-trough decline | -38.16% | -17.53% | -20.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.67% | 11.24% | +11.43% |
Volatility
EZJ.L vs. RYAAY - Volatility Comparison
EasyJet plc (EZJ.L) has a higher volatility of 15.92% compared to Ryanair Holdings plc (RYAAY) at 12.89%. This indicates that EZJ.L's price experiences larger fluctuations and is considered to be riskier than RYAAY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EZJ.L | RYAAY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.92% | 12.89% | +3.03% |
Volatility (6M)Calculated over the trailing 6-month period | 28.63% | 26.96% | +1.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.48% | 32.98% | +2.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.99% | 33.70% | +5.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.01% | 35.37% | +10.64% |
Dividends
EZJ.L vs. RYAAY - Dividend Comparison
EZJ.L's dividend yield for the trailing twelve months is around 2.81%, more than RYAAY's 1.74% 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% |
RYAAY Ryanair Holdings plc | 1.74% | 1.39% | 2.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 6.27% |
Financials
EZJ.L vs. RYAAY - Financials Comparison
This section allows you to compare key financial metrics between EasyJet plc and Ryanair Holdings plc. 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
EZJ.L vs. RYAAY - Profitability Comparison
EZJ.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, EasyJet plc reported a gross profit of 15.00M and revenue of 3.95B. Therefore, the gross margin over that period was 0.4%.
RYAAY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ryanair Holdings plc reported a gross profit of -318.76M and revenue of 2.55B. Therefore, the gross margin over that period was -12.5%.
EZJ.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, EasyJet plc reported an operating income of -533.00M and revenue of 3.95B, resulting in an operating margin of -13.5%.
RYAAY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ryanair Holdings plc reported an operating income of -512.80M and revenue of 2.55B, resulting in an operating margin of -20.1%.
EZJ.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, EasyJet plc reported a net income of -377.00M and revenue of 3.95B, resulting in a net margin of -9.5%.
RYAAY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ryanair Holdings plc reported a net income of -402.00M and revenue of 2.55B, resulting in a net margin of -15.7%.
Frequently Asked Questions
EZJ.L and RYAAY have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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