FORTUM.HE vs. LDOS

Last updated Jun 5, 2026

FORTUM.HE (Fortum Oyj) and LDOS (Leidos Holdings, Inc.) are both stocks. FORTUM.HE operates in Utilities - Renewable (Utilities), while LDOS operates in Information Technology Services (Technology). Over the past 10 years, FORTUM.HE returned 11.59%/yr vs 14.65%/yr for LDOS. At a 0.12 correlation, their price movements are largely independent.

Performance

FORTUM.HE vs. LDOS - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Fortum Oyj (FORTUM.HE) and Leidos Holdings, Inc. (LDOS). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FORTUM.HE is traded in EUR, while LDOS is traded in USD. To make them comparable, the LDOS values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, FORTUM.HE achieves a 18.64% return, which is significantly higher than LDOS's -29.99% return. Over the past 10 years, FORTUM.HE has underperformed LDOS with an annualized return of 11.59%, while LDOS has yielded a comparatively higher 14.65% annualized return.

FORTUM.HE

• 1D: -1.33%
• 1M: -4.10%
• YTD: 18.64%
• 6M: 22.14%
• 1Y: 38.31%
• 3Y*: 30.12%
• 5Y*: 5.08%
• 10Y*: 11.59%

LDOS

• 1D: 0.04%
• 1M: -8.59%
• YTD: -29.99%
• 6M: -34.78%
• 1Y: -14.37%
• 3Y*: 13.83%
• 5Y*: 5.93%
• 10Y*: 14.65%

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

FORTUM.HE vs. LDOS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FORTUM.HE Fortum Oyj	18.64%	48.24%	13.23%	-9.64%	-38.27%	44.02%	-3.71%	21.90%	22.92%	22.47%
LDOS Leidos Holdings, Inc.	-29.99%	11.49%	43.40%	1.37%	27.48%	-7.78%	-0.03%	93.09%	-12.81%	13.27%

Correlation

The correlation between FORTUM.HE and LDOS is -0.02, 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	-0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.00
Correlation (5Y) Calculated over the trailing 5-year period	0.02
Correlation (10Y) Calculated over the trailing 10-year period	0.11
Correlation (All Time) Calculated using the full available price history since Aug 28, 2007	0.12

The correlation between FORTUM.HE and LDOS shifts across timeframes, from -0.02 (1 year) to 0.12 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FORTUM.HE vs. LDOS — Risk / Return Rank

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

FORTUM.HE

FORTUM.HE Risk / Return Rank: 77
FORTUM.HE Sharpe Ratio Rank: 79
FORTUM.HE Sortino Ratio Rank: 73
FORTUM.HE Omega Ratio Rank: 74
FORTUM.HE Calmar Ratio Rank: 80
FORTUM.HE Martin Ratio Rank: 78

LDOS

LDOS Risk / Return Rank: 24
LDOS Sharpe Ratio Rank: 22
LDOS Sortino Ratio Rank: 22
LDOS Omega Ratio Rank: 21
LDOS Calmar Ratio Rank: 30
LDOS Martin Ratio Rank: 24

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.

FORTUM.HE vs. LDOS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fortum Oyj (FORTUM.HE) and Leidos Holdings, Inc. (LDOS). 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.

	FORTUM.HE	LDOS	Difference
Sharpe ratio: Return per unit of total volatility	1.37	-0.48	+1.86
Sortino ratio: Return per unit of downside risk	1.93	-0.48	+2.41
Omega ratio: Gain probability vs. loss probability	1.25	0.94	+0.32
Calmar ratio: Return relative to maximum drawdown	2.74	-0.37	+3.11
Martin ratio: Return relative to average drawdown	5.86	-0.96	+6.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FORTUM.HE vs. LDOS - Sharpe Ratio Comparison

The current FORTUM.HE Sharpe Ratio is 1.37, which is higher than the LDOS Sharpe Ratio of -0.48. The chart below compares the historical Sharpe Ratios of FORTUM.HE and LDOS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FORTUM.HE	LDOS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.37	-0.48	+1.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.16	0.22	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.40	0.52	-0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.28	+0.15

Drawdowns

FORTUM.HE vs. LDOS - Drawdown Comparison

The maximum FORTUM.HE drawdown since its inception was -64.55%, which is greater than LDOS's maximum drawdown of -53.71%. Use the drawdown chart below to compare losses from any high point for FORTUM.HE and LDOS.

Drawdown Indicators

	FORTUM.HE	LDOS	Difference
Max Drawdown Largest peak-to-trough decline	-64.55%	-53.71%	-10.84%
Max Drawdown (1Y) Largest decline over 1 year	-14.13%	-38.79%	+24.66%
Max Drawdown (3Y) Largest decline over 3 years	-22.36%	-43.26%	+20.90%
Max Drawdown (5Y) Largest decline over 5 years	-64.55%	-43.26%	-21.29%
Max Drawdown (10Y) Largest decline over 10 years	-64.55%	-43.26%	-21.29%
Current Drawdown Current decline from peak	-7.91%	-42.53%	+34.62%
Average Drawdown Average peak-to-trough decline	-21.20%	-19.35%	-1.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.57%	14.95%	-8.38%

Volatility

FORTUM.HE vs. LDOS - Volatility Comparison

The current volatility for Fortum Oyj (FORTUM.HE) is 7.24%, while Leidos Holdings, Inc. (LDOS) has a volatility of 7.74%. This indicates that FORTUM.HE experiences smaller price fluctuations and is considered to be less risky than LDOS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FORTUM.HE	LDOS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.24%	7.74%	-0.50%
Volatility (6M) Calculated over the trailing 6-month period	22.35%	25.92%	-3.57%
Volatility (1Y) Calculated over the trailing 1-year period	28.16%	30.03%	-1.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.71%	27.59%	+5.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.89%	28.34%	+0.55%

Dividends

FORTUM.HE vs. LDOS - Dividend Comparison

FORTUM.HE's dividend yield for the trailing twelve months is around 3.55%, more than LDOS's 1.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FORTUM.HE Fortum Oyj	3.55%	7.70%	8.51%	6.97%	7.34%	4.15%	5.58%	5.00%	5.76%	6.67%	7.55%	1.44%
LDOS Leidos Holdings, Inc.	1.33%	0.90%	1.07%	1.35%	1.37%	1.57%	1.29%	1.35%	2.43%	1.98%	29.17%	3.41%

Financials

Frequently Asked Questions

Can I hold both FORTUM.HE and LDOS in my portfolio?

FORTUM.HE and LDOS have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.