FLTR.L vs. CARL-B.CO
FLTR.L (Flutter Entertainment plc) and CARL-B.CO (Carlsberg A/S) are both stocks. FLTR.L operates in Gambling (Consumer Cyclical), while CARL-B.CO operates in Beverages - Brewers (Consumer Defensive). Over the past 5 years, FLTR.L returned -10.32%/yr vs -2.89%/yr for CARL-B.CO. At a 0.16 correlation, their price movements are largely independent.
Performance
FLTR.L vs. CARL-B.CO - Performance Comparison
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Different Trading Currencies
FLTR.L is traded in GBp, while CARL-B.CO is traded in DKK. To make them comparable, the CARL-B.CO 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 CARL-B.CO's 3.23% 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*
- —
CARL-B.CO
- 1D
- -1.07%
- 1M
- 1.13%
- YTD
- 3.23%
- 6M
- 2.65%
- 1Y
- -5.38%
- 3Y*
- -4.41%
- 5Y*
- -2.89%
- 10Y*
- 6.88%
FLTR.L vs. CARL-B.CO - 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% |
CARL-B.CO Carlsberg A/S | 3.23% | 31.11% | -20.03% | -7.63% | -11.42% | 10.35% | 7.23% | 6.55% |
Correlation
The correlation between FLTR.L and CARL-B.CO is 0.08, 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 | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since May 28, 2019 | 0.16 |
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Return for Risk
FLTR.L vs. CARL-B.CO — Risk / Return Rank
FLTR.L
CARL-B.CO
FLTR.L vs. CARL-B.CO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Flutter Entertainment plc (FLTR.L) and Carlsberg A/S (CARL-B.CO). 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 | CARL-B.CO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.16 | ||
| Sortino ratioReturn per unit of downside risk | -2.02 | ||
| Omega ratioGain probability vs. loss probability | 0.70 | 0.98 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | -0.28 | -0.57 |
| Martin ratioReturn relative to average drawdown | -1.39 | -0.46 | -0.93 |
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Drawdowns
FLTR.L vs. CARL-B.CO - Drawdown Comparison
The maximum FLTR.L drawdown since its inception was -70.59%, roughly equal to the maximum CARL-B.CO drawdown of -69.34%. Use the drawdown chart below to compare losses from any high point for FLTR.L and CARL-B.CO.
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Drawdown Indicators
| FLTR.L | CARL-B.CO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.59% | -69.34% | -1.25% |
Max Drawdown (1Y)Largest decline over 1 year | -69.91% | -20.59% | -49.32% |
Max Drawdown (3Y)Largest decline over 3 years | -70.59% | -38.43% | -32.16% |
Max Drawdown (5Y)Largest decline over 5 years | -70.59% | -41.85% | -28.74% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.85% | — |
Current DrawdownCurrent decline from peak | -65.87% | -20.14% | -45.73% |
Average DrawdownAverage peak-to-trough decline | -19.06% | -15.84% | -3.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.67% | 12.44% | +30.23% |
Volatility
FLTR.L vs. CARL-B.CO - Volatility Comparison
Flutter Entertainment plc (FLTR.L) has a higher volatility of 12.29% compared to Carlsberg A/S (CARL-B.CO) at 7.60%. This indicates that FLTR.L's price experiences larger fluctuations and is considered to be riskier than CARL-B.CO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLTR.L | CARL-B.CO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.29% | 7.60% | +4.69% |
Volatility (6M)Calculated over the trailing 6-month period | 34.23% | 17.81% | +16.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.97% | 22.95% | +19.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.82% | 23.89% | +13.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.65% | 22.69% | +15.96% |
Dividends
FLTR.L vs. CARL-B.CO - Dividend Comparison
FLTR.L has not paid dividends to shareholders, while CARL-B.CO's dividend yield for the trailing twelve months is around 3.44%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CARL-B.CO Carlsberg A/S | 3.44% | 3.23% | 3.91% | 3.19% | 2.60% | 1.95% | 2.15% | 1.81% | 2.31% | 1.34% | 1.48% | 1.47% |
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. CARL-B.CO - Financials Comparison
This section allows you to compare key financial metrics between Flutter Entertainment plc and Carlsberg A/S. 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
FLTR.L and CARL-B.CO have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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