FLTR.L vs. DEO
FLTR.L (Flutter Entertainment plc) and DEO (Diageo plc) are both stocks. FLTR.L operates in Gambling (Consumer Cyclical), while DEO operates in Beverages - Wineries & Distilleries (Consumer Defensive). Over the past 5 years, FLTR.L returned -10.32%/yr vs -12.65%/yr for DEO. At a 0.14 correlation, their price movements are largely independent.
Performance
FLTR.L vs. DEO - Performance Comparison
Loading charts...
Different Trading Currencies
FLTR.L is traded in GBp, while DEO is traded in USD. To make them comparable, the DEO 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 DEO's -3.75% 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*
- —
DEO
- 1D
- 0.91%
- 1M
- -0.49%
- YTD
- -3.75%
- 6M
- -7.50%
- 1Y
- -18.48%
- 3Y*
- -21.04%
- 5Y*
- -12.65%
- 10Y*
- 1.02%
FLTR.L vs. DEO - 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% |
DEO Diageo plc | -3.75% | -34.34% | -8.52% | -20.47% | -7.57% | 43.06% | -6.10% | -3.85% |
Correlation
The correlation between FLTR.L and DEO 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 | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since May 28, 2019 | 0.14 |
Fundamentals
FLTR.L:
£14.27B
DEO:
$45.62B
FLTR.L:
-$4.14
DEO:
£9.85
FLTR.L:
0.81
DEO:
0.91
FLTR.L:
2.12
DEO:
3.95
FLTR.L:
$23.82B
DEO:
£37.37B
FLTR.L:
$7.40B
DEO:
£22.42B
FLTR.L:
$3.03B
DEO:
£10.72B
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. DEO — Risk / Return Rank
FLTR.L
DEO
FLTR.L vs. DEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Flutter Entertainment plc (FLTR.L) and Diageo plc (DEO). 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 | DEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.78 | ||
| Sortino ratioReturn per unit of downside risk | -1.52 | ||
| Omega ratioGain probability vs. loss probability | 0.70 | 0.91 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | -0.56 | -0.28 |
| Martin ratioReturn relative to average drawdown | -1.39 | -1.00 | -0.38 |
Loading charts...
Drawdowns
FLTR.L vs. DEO - Drawdown Comparison
The maximum FLTR.L drawdown since its inception was -70.59%, which is greater than DEO's maximum drawdown of -63.15%. Use the drawdown chart below to compare losses from any high point for FLTR.L and DEO.
Loading charts...
Drawdown Indicators
| FLTR.L | DEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.59% | -63.15% | -7.44% |
Max Drawdown (1Y)Largest decline over 1 year | -69.91% | -35.26% | -34.65% |
Max Drawdown (3Y)Largest decline over 3 years | -70.59% | -57.62% | -12.97% |
Max Drawdown (5Y)Largest decline over 5 years | -70.59% | -63.15% | -7.44% |
Max Drawdown (10Y)Largest decline over 10 years | — | -63.15% | — |
Current DrawdownCurrent decline from peak | -65.87% | -57.97% | -7.90% |
Average DrawdownAverage peak-to-trough decline | -19.06% | -11.95% | -7.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.67% | 19.72% | +22.95% |
Volatility
FLTR.L vs. DEO - Volatility Comparison
Flutter Entertainment plc (FLTR.L) has a higher volatility of 12.29% compared to Diageo plc (DEO) at 7.17%. This indicates that FLTR.L's price experiences larger fluctuations and is considered to be riskier than DEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FLTR.L | DEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.29% | 7.17% | +5.12% |
Volatility (6M)Calculated over the trailing 6-month period | 34.23% | 26.52% | +7.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.97% | 31.79% | +10.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.82% | 23.25% | +14.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.65% | 22.56% | +16.09% |
Dividends
FLTR.L vs. DEO - Dividend Comparison
FLTR.L has not paid dividends to shareholders, while DEO's dividend yield for the trailing twelve months is around 4.06%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEO Diageo plc | 4.06% | 4.80% | 3.26% | 2.77% | 2.16% | 1.82% | 2.29% | 2.07% | 2.51% | 2.18% | 3.00% | 3.13% |
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. DEO - Financials Comparison
This section allows you to compare key financial metrics between Flutter Entertainment plc and Diageo 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
FLTR.L vs. DEO - 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%.
DEO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Diageo plc reported a gross profit of 4.72B and revenue of 7.73B. Therefore, the gross margin over that period was 61.0%.
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%.
DEO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Diageo plc reported an operating income of 2.41B and revenue of 7.73B, resulting in an operating margin of 31.1%.
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%.
DEO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Diageo plc reported a net income of 1.48B and revenue of 7.73B, resulting in a net margin of 19.1%.
Frequently Asked Questions
FLTR.L and DEO 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.
Find the right allocation for FLTR.L and DEO
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