FLTR.L vs. BTI
FLTR.L (Flutter Entertainment plc) and BTI (British American Tobacco p.l.c.) are both stocks. FLTR.L operates in Gambling (Consumer Cyclical), while BTI operates in Tobacco (Consumer Defensive). Over the past 5 years, FLTR.L returned -10.32%/yr vs 19.18%/yr for BTI. At a 0.05 correlation, their price movements are largely independent.
Performance
FLTR.L vs. BTI - Performance Comparison
Loading charts...
Different Trading Currencies
FLTR.L is traded in GBp, while BTI is traded in USD. To make them comparable, the BTI 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 BTI's 12.24% 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*
- —
BTI
- 1D
- 1.60%
- 1M
- -4.84%
- YTD
- 12.24%
- 6M
- 11.92%
- 1Y
- 36.99%
- 3Y*
- 31.83%
- 5Y*
- 19.18%
- 10Y*
- 8.24%
FLTR.L vs. BTI - 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% |
BTI British American Tobacco p.l.c. | 12.24% | 54.00% | 37.81% | -23.97% | 28.58% | 8.97% | -7.53% | 13.41% |
Correlation
The correlation between FLTR.L and BTI is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since May 28, 2019 | 0.05 |
The correlation between FLTR.L and BTI shifts across timeframes, from -0.12 (1 year) to 0.05 (all time), reflecting how their relationship changes across market environments.
Fundamentals
FLTR.L:
£14.27B
BTI:
$136.67B
FLTR.L:
-$4.14
BTI:
£4.93
FLTR.L:
0.81
BTI:
1.99
FLTR.L:
2.12
BTI:
2.13
FLTR.L:
$23.82B
BTI:
£51.48B
FLTR.L:
$7.40B
BTI:
£42.82B
FLTR.L:
$3.03B
BTI:
£20.34B
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
FLTR.L vs. BTI — Risk / Return Rank
FLTR.L
BTI
FLTR.L vs. BTI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Flutter Entertainment plc (FLTR.L) and British American Tobacco p.l.c. (BTI). 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 | BTI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.06 | ||
| Sortino ratioReturn per unit of downside risk | -4.53 | ||
| Omega ratioGain probability vs. loss probability | 0.70 | 1.28 | -0.58 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | 2.83 | -3.68 |
| Martin ratioReturn relative to average drawdown | -1.39 | 6.40 | -7.79 |
Loading charts...
Drawdowns
FLTR.L vs. BTI - Drawdown Comparison
The maximum FLTR.L drawdown since its inception was -70.59%, which is greater than BTI's maximum drawdown of -54.35%. Use the drawdown chart below to compare losses from any high point for FLTR.L and BTI.
Loading charts...
Drawdown Indicators
| FLTR.L | BTI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.59% | -54.35% | -16.24% |
Max Drawdown (1Y)Largest decline over 1 year | -69.91% | -13.48% | -56.43% |
Max Drawdown (3Y)Largest decline over 3 years | -70.59% | -14.15% | -56.44% |
Max Drawdown (5Y)Largest decline over 5 years | -70.59% | -28.66% | -41.93% |
Max Drawdown (10Y)Largest decline over 10 years | — | -54.35% | — |
Current DrawdownCurrent decline from peak | -65.87% | -6.59% | -59.28% |
Average DrawdownAverage peak-to-trough decline | -19.06% | -14.91% | -4.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.67% | 5.95% | +36.72% |
Volatility
FLTR.L vs. BTI - Volatility Comparison
Flutter Entertainment plc (FLTR.L) has a higher volatility of 12.29% compared to British American Tobacco p.l.c. (BTI) at 7.77%. This indicates that FLTR.L's price experiences larger fluctuations and is considered to be riskier than BTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FLTR.L | BTI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.29% | 7.77% | +4.52% |
Volatility (6M)Calculated over the trailing 6-month period | 34.23% | 18.48% | +15.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.97% | 23.10% | +18.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.82% | 20.20% | +17.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.65% | 23.74% | +14.91% |
Dividends
FLTR.L vs. BTI - Dividend Comparison
FLTR.L has not paid dividends to shareholders, while BTI's dividend yield for the trailing twelve months is around 4.95%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BTI British American Tobacco p.l.c. | 4.95% | 5.29% | 8.18% | 9.72% | 7.23% | 7.98% | 7.22% | 6.35% | 8.53% | 4.27% | 3.85% | 4.11% |
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
FLTR.L vs. BTI - Financials Comparison
This section allows you to compare key financial metrics between Flutter Entertainment plc and British American Tobacco p.l.c.. 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
FLTR.L vs. BTI - Profitability Comparison
FLTR.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Flutter Entertainment plc reported a gross profit of 2.11B and revenue of 12.18B. Therefore, the gross margin over that period was 17.3%.
BTI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, British American Tobacco p.l.c. reported a gross profit of 11.30B and revenue of 13.54B. Therefore, the gross margin over that period was 83.4%.
FLTR.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Flutter Entertainment plc reported an operating income of 258.00M and revenue of 12.18B, resulting in an operating margin of 2.1%.
BTI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, British American Tobacco p.l.c. reported an operating income of 4.93B and revenue of 13.54B, resulting in an operating margin of 36.4%.
FLTR.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Flutter Entertainment plc reported a net income of -334.62M and revenue of 12.18B, resulting in a net margin of -2.8%.
BTI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, British American Tobacco p.l.c. reported a net income of 3.25B and revenue of 13.54B, resulting in a net margin of 24.0%.
Frequently Asked Questions
FLTR.L and BTI have a correlation of -0.12, 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 FLTR.L and BTI
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