FSLR vs. RY4C.DE
FSLR (First Solar, Inc.) and RY4C.DE (Ryanair Holdings plc) are both stocks. FSLR operates in Solar (Technology), while RY4C.DE operates in Airlines (Industrials). Over the past 10 years, FSLR returned 18.76%/yr vs 7.80%/yr for RY4C.DE. At a 0.13 correlation, their price movements are largely independent.
Performance
FSLR vs. RY4C.DE - Performance Comparison
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Different Trading Currencies
FSLR is traded in USD, while RY4C.DE is traded in EUR. To make them comparable, the RY4C.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, FSLR achieves a 2.33% return, which is significantly higher than RY4C.DE's -17.26% return. Over the past 10 years, FSLR has outperformed RY4C.DE with an annualized return of 18.76%, while RY4C.DE has yielded a comparatively lower 7.80% annualized return.
FSLR
- 1D
- -1.42%
- 1M
- 15.41%
- YTD
- 2.33%
- 6M
- 4.91%
- 1Y
- 52.57%
- 3Y*
- 10.90%
- 5Y*
- 27.42%
- 10Y*
- 18.76%
RY4C.DE
- 1D
- 1.51%
- 1M
- 4.59%
- YTD
- -17.26%
- 6M
- -17.68%
- 1Y
- 4.03%
- 3Y*
- 17.66%
- 5Y*
- 7.94%
- 10Y*
- 7.80%
FSLR vs. RY4C.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSLR First Solar, Inc. | 2.33% | 48.22% | 2.30% | 15.01% | 71.86% | -11.89% | 76.77% | 31.81% | -37.12% | 110.41% |
RY4C.DE Ryanair Holdings plc | -17.26% | 77.54% | -3.31% | 56.67% | -22.92% | -16.13% | 26.84% | 37.82% | -35.41% | 20.19% |
Correlation
The correlation between FSLR and RY4C.DE is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since May 17, 2011 | 0.13 |
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Return for Risk
FSLR vs. RY4C.DE — Risk / Return Rank
FSLR
RY4C.DE
FSLR vs. RY4C.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Solar, Inc. (FSLR) and Ryanair Holdings plc (RY4C.DE). 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.
| FSLR | RY4C.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.91 | ||
| Sortino ratioReturn per unit of downside risk | +1.17 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.05 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.70 | 0.16 | +1.54 |
| Martin ratioReturn relative to average drawdown | 3.57 | 0.38 | +3.20 |
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Drawdowns
FSLR vs. RY4C.DE - Drawdown Comparison
The maximum FSLR drawdown since its inception was -96.22%, which is greater than RY4C.DE's maximum drawdown of -60.98%. Use the drawdown chart below to compare losses from any high point for FSLR and RY4C.DE.
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Drawdown Indicators
| FSLR | RY4C.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.22% | -60.98% | -35.24% |
Max Drawdown (1Y)Largest decline over 1 year | -35.10% | -25.19% | -9.91% |
Max Drawdown (3Y)Largest decline over 3 years | -59.97% | -36.07% | -23.90% |
Max Drawdown (5Y)Largest decline over 5 years | -59.97% | -52.32% | -7.65% |
Max Drawdown (10Y)Largest decline over 10 years | -61.26% | -60.98% | -0.28% |
Current DrawdownCurrent decline from peak | -16.01% | -18.41% | +2.40% |
Average DrawdownAverage peak-to-trough decline | -63.20% | -17.35% | -45.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.63% | 10.70% | +5.93% |
Volatility
FSLR vs. RY4C.DE - Volatility Comparison
First Solar, Inc. (FSLR) has a higher volatility of 23.37% compared to Ryanair Holdings plc (RY4C.DE) at 11.34%. This indicates that FSLR's price experiences larger fluctuations and is considered to be riskier than RY4C.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSLR | RY4C.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.37% | 11.34% | +12.03% |
Volatility (6M)Calculated over the trailing 6-month period | 41.98% | 27.07% | +14.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.23% | 34.55% | +23.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.07% | 36.94% | +17.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.84% | 38.97% | +11.87% |
Dividends
FSLR vs. RY4C.DE - Dividend Comparison
FSLR has not paid dividends to shareholders, while RY4C.DE's dividend yield for the trailing twelve months is around 1.71%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSLR First Solar, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RY4C.DE Ryanair Holdings plc | 1.71% | 1.53% | 1.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.55% |
Financials
FSLR vs. RY4C.DE - Financials Comparison
This section allows you to compare key financial metrics between First Solar, Inc. and Ryanair Holdings 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
Frequently Asked Questions
FSLR and RY4C.DE have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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