FN vs. ESLT
FN (Fabrinet) and ESLT (Elbit Systems Ltd) are both stocks. FN operates in Electronic Components (Technology), while ESLT operates in Aerospace & Defense (Industrials). Over the past 10 years, FN returned 32.80%/yr vs 25.96%/yr for ESLT. At a 0.21 correlation, their price movements are largely independent.
Performance
FN vs. ESLT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FN achieves a 36.99% return, which is significantly lower than ESLT's 43.85% return. Over the past 10 years, FN has outperformed ESLT with an annualized return of 32.80%, while ESLT has yielded a comparatively lower 25.96% annualized return.
FN
- 1D
- 0.40%
- 1M
- 0.39%
- YTD
- 36.99%
- 6M
- 27.02%
- 1Y
- 165.46%
- 3Y*
- 76.72%
- 5Y*
- 45.90%
- 10Y*
- 32.80%
ESLT
- 1D
- 0.83%
- 1M
- 6.13%
- YTD
- 43.85%
- 6M
- 71.50%
- 1Y
- 98.59%
- 3Y*
- 60.25%
- 5Y*
- 45.92%
- 10Y*
- 25.96%
FN vs. ESLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FN Fabrinet | 36.99% | 107.06% | 15.53% | 48.44% | 8.23% | 52.69% | 19.66% | 26.37% | 78.78% | -28.78% |
ESLT Elbit Systems Ltd | 43.85% | 125.14% | 22.17% | 31.30% | -4.82% | 34.77% | -14.56% | 37.62% | -13.22% | 32.65% |
Correlation
The correlation between FN and ESLT is 0.03, 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 | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 2010 | 0.21 |
The correlation between FN and ESLT shifts across timeframes, from 0.03 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.
Fundamentals
FN:
$22.59B
ESLT:
$39.95B
FN:
$11.65
ESLT:
$12.36
FN:
53.55
ESLT:
67.15
FN:
2.29
ESLT:
3.18
FN:
5.32
ESLT:
4.80
FN:
9.80
ESLT:
9.38
FN:
$4.24B
ESLT:
$8.23B
FN:
$509.75M
ESLT:
$2.03B
FN:
$422.55M
ESLT:
$861.06M
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
FN vs. ESLT — Risk / Return Rank
FN
ESLT
FN vs. ESLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fabrinet (FN) and Elbit Systems Ltd (ESLT). 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.
| FN | ESLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | -0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.39 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 8.10 | 3.82 | +4.28 |
| Martin ratioReturn relative to average drawdown | 19.43 | 10.82 | +8.61 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| FN | ESLT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.50 | 2.35 | +0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.86 | 1.39 | -0.53 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.89 | -0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.62 | -0.03 |
Drawdowns
FN vs. ESLT - Drawdown Comparison
The maximum FN drawdown since its inception was -70.46%, which is greater than ESLT's maximum drawdown of -53.79%. Use the drawdown chart below to compare losses from any high point for FN and ESLT.
Loading charts...
Drawdown Indicators
| FN | ESLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.46% | -53.79% | -16.67% |
Max Drawdown (1Y)Largest decline over 1 year | -20.55% | -25.98% | +5.43% |
Max Drawdown (3Y)Largest decline over 3 years | -37.47% | -25.98% | -11.49% |
Max Drawdown (5Y)Largest decline over 5 years | -38.70% | -32.89% | -5.81% |
Max Drawdown (10Y)Largest decline over 10 years | -51.11% | -32.89% | -18.22% |
Current DrawdownCurrent decline from peak | -16.45% | -18.07% | +1.62% |
Average DrawdownAverage peak-to-trough decline | -22.58% | -13.92% | -8.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.55% | 9.14% | -0.59% |
Volatility
FN vs. ESLT - Volatility Comparison
Fabrinet (FN) has a higher volatility of 25.81% compared to Elbit Systems Ltd (ESLT) at 15.36%. This indicates that FN's price experiences larger fluctuations and is considered to be riskier than ESLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FN | ESLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.81% | 15.36% | +10.45% |
Volatility (6M)Calculated over the trailing 6-month period | 55.79% | 33.61% | +22.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 66.78% | 42.26% | +24.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.58% | 33.13% | +20.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.27% | 29.13% | +19.14% |
Dividends
FN vs. ESLT - Dividend Comparison
FN has not paid dividends to shareholders, while ESLT's dividend yield for the trailing twelve months is around 0.37%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ESLT Elbit Systems Ltd | 0.37% | 0.47% | 0.77% | 0.94% | 1.22% | 1.03% | 1.28% | 1.14% | 1.54% | 1.32% | 1.57% | 1.63% |
FN Fabrinet | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
FN vs. ESLT - Financials Comparison
This section allows you to compare key financial metrics between Fabrinet and Elbit Systems Ltd. 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
FN vs. ESLT - Profitability Comparison
FN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fabrinet reported a gross profit of 144.34M and revenue of 1.21B. Therefore, the gross margin over that period was 11.9%.
ESLT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Elbit Systems Ltd reported a gross profit of 552.06M and revenue of 2.19B. Therefore, the gross margin over that period was 25.2%.
FN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fabrinet reported an operating income of 120.04M and revenue of 1.21B, resulting in an operating margin of 9.9%.
ESLT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Elbit Systems Ltd reported an operating income of 205.13M and revenue of 2.19B, resulting in an operating margin of 9.4%.
FN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fabrinet reported a net income of 128.18M and revenue of 1.21B, resulting in a net margin of 10.6%.
ESLT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Elbit Systems Ltd reported a net income of 160.79M and revenue of 2.19B, resulting in a net margin of 7.4%.
Frequently Asked Questions
FN and ESLT have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FN has higher volatility (25.81%) compared to ESLT (15.36%). In terms of maximum drawdown, FN dropped -70.46% vs ESLT's -53.79%.
FN currently has the higher Sharpe Ratio (2.50 vs 2.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FN and ESLT
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