FLTR.L vs. 1128.HK

Last updated Jun 13, 2026

FLTR.L (Flutter Entertainment plc) and 1128.HK (Wynn Macau Ltd) are both stocks. Both are in the Consumer Cyclical sector — FLTR.L in Gambling, 1128.HK in Resorts & Casinos. Over the past 5 years, FLTR.L returned -10.32%/yr vs -13.38%/yr for 1128.HK. At a 0.14 correlation, their price movements are largely independent.

Performance

FLTR.L vs. 1128.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Flutter Entertainment plc (FLTR.L) and Wynn Macau Ltd (1128.HK). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FLTR.L is traded in GBp, while 1128.HK is traded in HKD. To make them comparable, the 1128.HK values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, FLTR.L achieves a -50.01% return, which is significantly lower than 1128.HK's -5.17% return.

FLTR.L

• 1D: -3.33%
• 1M: 15.53%
• YTD: -50.01%
• 6M: -51.70%
• 1Y: -59.06%
• 3Y*: -20.04%
• 5Y*: -10.32%
• 10Y*: —

1128.HK

• 1D: 0.29%
• 1M: -1.68%
• YTD: -5.17%
• 6M: -10.52%
• 1Y: 15.21%
• 3Y*: -7.87%
• 5Y*: -13.38%
• 10Y*: -4.17%

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

FLTR.L vs. 1128.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FLTR.L Flutter Entertainment plc	-50.01%	-22.15%	48.64%	23.47%	-4.00%	-22.17%	69.22%	64.62%
1128.HK Wynn Macau Ltd	-5.17%	8.61%	-12.19%	-29.78%	52.55%	-50.89%	-33.86%	17.98%

Correlation

The correlation between FLTR.L and 1128.HK is 0.04, 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	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (All Time) Calculated using the full available price history since May 28, 2019	0.14

Return for Risk

FLTR.L vs. 1128.HK — Risk / Return Rank

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

FLTR.L

FLTR.L Risk / Return Rank: 5
FLTR.L Sharpe Ratio Rank: 1
FLTR.L Sortino Ratio Rank: 2
FLTR.L Omega Ratio Rank: 2
FLTR.L Calmar Ratio Rank: 10
FLTR.L Martin Ratio Rank: 9

1128.HK

1128.HK Risk / Return Rank: 53
1128.HK Sharpe Ratio Rank: 57
1128.HK Sortino Ratio Rank: 52
1128.HK Omega Ratio Rank: 50
1128.HK Calmar Ratio Rank: 53
1128.HK Martin Ratio Rank: 52

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.

FLTR.L vs. 1128.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Flutter Entertainment plc (FLTR.L) and Wynn Macau Ltd (1128.HK). 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.

	FLTR.L	1128.HK	Difference
Sharpe ratio: Return per unit of total volatility	-1.41	0.45	-1.86
Sortino ratio: Return per unit of downside risk	-2.21	0.92	-3.13
Omega ratio: Gain probability vs. loss probability	0.70	1.11	-0.40
Calmar ratio: Return relative to maximum drawdown	-0.84	0.53	-1.37
Martin ratio: Return relative to average drawdown	-1.39	0.93	-2.31

FLTR.L vs. 1128.HK - Sharpe Ratio Comparison

The current FLTR.L Sharpe Ratio is -1.41, which is lower than the 1128.HK Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of FLTR.L and 1128.HK, 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

FLTR.L vs. 1128.HK - Drawdown Comparison

The maximum FLTR.L drawdown since its inception was -70.59%, smaller than the maximum 1128.HK drawdown of -87.60%. Use the drawdown chart below to compare losses from any high point for FLTR.L and 1128.HK.

Drawdown Indicators

	FLTR.L	1128.HK	Difference
Max Drawdown Largest peak-to-trough decline	-70.59%	-87.60%	+17.01%
Max Drawdown (1Y) Largest decline over 1 year	-69.91%	-26.65%	-43.26%
Max Drawdown (3Y) Largest decline over 3 years	-70.59%	-43.54%	-27.05%
Max Drawdown (5Y) Largest decline over 5 years	-70.59%	-72.45%	+1.86%
Max Drawdown (10Y) Largest decline over 10 years	—	-87.60%	—
Current Drawdown Current decline from peak	-65.87%	-78.31%	+12.44%
Average Drawdown Average peak-to-trough decline	-19.06%	-42.71%	+23.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	42.67%	15.07%	+27.60%

Volatility

FLTR.L vs. 1128.HK - Volatility Comparison

Flutter Entertainment plc (FLTR.L) has a higher volatility of 12.29% compared to Wynn Macau Ltd (1128.HK) at 8.91%. This indicates that FLTR.L's price experiences larger fluctuations and is considered to be riskier than 1128.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLTR.L	1128.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.29%	8.91%	+3.38%
Volatility (6M) Calculated over the trailing 6-month period	34.23%	17.84%	+16.39%
Volatility (1Y) Calculated over the trailing 1-year period	41.97%	31.14%	+10.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.82%	49.66%	-11.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.65%	45.52%	-6.87%

Dividends

FLTR.L vs. 1128.HK - Dividend Comparison

FLTR.L has not paid dividends to shareholders, while 1128.HK's dividend yield for the trailing twelve months is around 7.53%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
1128.HK Wynn Macau Ltd	7.53%	6.23%	2.78%	0.00%	0.00%	0.00%	0.00%	4.69%	6.26%	2.55%	4.86%	11.59%
FLTR.L Flutter Entertainment plc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.55%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both FLTR.L and 1128.HK in my portfolio?

FLTR.L and 1128.HK have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.