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HEI vs. AM.PA
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

HEI vs. AM.PA

Last updated Jun 13, 2026

HEI (HEICO Corporation) and AM.PA (Dassault Aviation SA) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, HEI returned 25.98%/yr vs 19.50%/yr for AM.PA. At a 0.18 correlation, their price movements are largely independent.

Performance

HEI vs. AM.PA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in HEICO Corporation (HEI) and Dassault Aviation SA (AM.PA). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

HEI is traded in USD, while AM.PA is traded in EUR. To make them comparable, the AM.PA values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, HEI achieves a 2.52% return, which is significantly lower than AM.PA's 8.65% return. Over the past 10 years, HEI has outperformed AM.PA with an annualized return of 25.98%, while AM.PA has yielded a comparatively lower 19.50% annualized return.

HEI

1D
-2.24%
1M
13.64%
YTD
2.52%
6M
6.84%
1Y
9.12%
3Y*
26.36%
5Y*
18.39%
10Y*
25.98%

AM.PA

1D
-1.17%
1M
5.41%
YTD
8.65%
6M
9.34%
1Y
-1.01%
3Y*
24.94%
5Y*
24.44%
10Y*
19.50%
*Multi-year figures are annualized to reflect compound growth (CAGR)

HEI vs. AM.PA - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
HEI
HEICO Corporation		2.52%36.22%33.05%16.56%6.67%9.06%16.16%47.54%28.51%53.04%
AM.PA
Dassault Aviation SA		8.65%59.93%4.93%18.88%59.08%12.93%-16.55%14.16%-2.09%53.39%

Correlation

The correlation between HEI and AM.PA is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.27

Correlation (3Y)
Calculated over the trailing 3-year period

0.20

Correlation (5Y)
Calculated over the trailing 5-year period

0.25

Correlation (10Y)
Calculated over the trailing 10-year period

0.25

Correlation (All Time)
Calculated using the full available price history since Jun 1, 2007

0.18

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

HEICO Corporation

Dassault Aviation SA

Often compared with HEI:
HEI vs. TDGHEI vs. HEI-AHEI vs. CWHEI vs. AXONHEI vs. HIIHEI vs. KLACHEI vs. LDOS
Often compared with AM.PA:
AM.PA vs. LDO.MIAM.PA vs. LMTAM.PA vs. URTHAM.PA vs. RHM.DEAM.PA vs. BAAM.PA vs. HO.PAAM.PA vs. SPY

Return for Risk

HEI vs. AM.PA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HEI
HEI Risk / Return Rank: 5050
Overall Rank
HEI Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
HEI Sortino Ratio Rank: 4848
Sortino Ratio Rank
HEI Omega Ratio Rank: 4848
Omega Ratio Rank
HEI Calmar Ratio Rank: 5151
Calmar Ratio Rank
HEI Martin Ratio Rank: 5252
Martin Ratio Rank
AM.PA
AM.PA Risk / Return Rank: 3939
Overall Rank
AM.PA Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
AM.PA Sortino Ratio Rank: 3636
Sortino Ratio Rank
AM.PA Omega Ratio Rank: 3636
Omega Ratio Rank
AM.PA Calmar Ratio Rank: 4242
Calmar Ratio Rank
AM.PA Martin Ratio Rank: 4141
Martin Ratio Rank
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.

HEI vs. AM.PA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HEICO Corporation (HEI) and Dassault Aviation SA (AM.PA). 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.

HEIAM.PADifference
Sharpe ratioReturn per unit of total volatility
0.27
-0.03

+0.31

Sortino ratioReturn per unit of downside risk
0.65
0.18

+0.47

Omega ratioGain probability vs. loss probability

1.08

1.02

+0.06

Calmar ratioReturn relative to maximum drawdown

0.34

-0.05

+0.38

Martin ratioReturn relative to average drawdown

0.82

-0.10

+0.91

HEI vs. AM.PA - Sharpe Ratio Comparison

The current HEI Sharpe Ratio is 0.27, which is higher than the AM.PA Sharpe Ratio of -0.03. The chart below compares the historical Sharpe Ratios of HEI and AM.PA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

HEI vs. AM.PA - Drawdown Comparison

The maximum HEI drawdown since its inception was -75.50%, which is greater than AM.PA's maximum drawdown of -58.61%. Use the drawdown chart below to compare losses from any high point for HEI and AM.PA.

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Drawdown Indicators

HEIAM.PADifference

Max Drawdown

Largest peak-to-trough decline

-75.50%

-58.61%

-16.89%

Max Drawdown (1Y)

Largest decline over 1 year

-27.11%

-21.79%

-5.32%

Max Drawdown (3Y)

Largest decline over 3 years

-27.11%

-22.11%

-5.00%

Max Drawdown (5Y)

Largest decline over 5 years

-27.11%

-35.72%

+8.61%

Max Drawdown (10Y)

Largest decline over 10 years

-57.73%

-58.61%

+0.88%

Current Drawdown

Current decline from peak

-7.38%

-16.08%

+8.70%

Average Drawdown

Average peak-to-trough decline

-19.95%

-13.76%

-6.19%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.18%

10.52%

+0.66%

Volatility

HEI vs. AM.PA - Volatility Comparison

HEICO Corporation (HEI) has a higher volatility of 14.84% compared to Dassault Aviation SA (AM.PA) at 8.30%. This indicates that HEI's price experiences larger fluctuations and is considered to be riskier than AM.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

HEIAM.PADifference

Volatility (1M)

Calculated over the trailing 1-month period

14.84%

8.30%

+6.54%

Volatility (6M)

Calculated over the trailing 6-month period

27.73%

25.12%

+2.61%

Volatility (1Y)

Calculated over the trailing 1-year period

33.32%

31.78%

+1.54%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.71%

30.48%

-2.77%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

30.65%

31.03%

-0.38%

Dividends

HEI vs. AM.PA - Dividend Comparison

HEI's dividend yield for the trailing twelve months is around 0.07%, less than AM.PA's 1.61% yield.

PositionTTM20252024202320222021202020192018201720162015
AM.PA
Dassault Aviation SA		1.61%1.72%1.71%1.67%1.57%12.95%0.00%18.12%12.64%9.32%11.40%8.72%
HEI
HEICO Corporation		0.07%0.07%0.09%0.11%0.12%0.12%0.12%0.12%0.14%0.08%0.22%0.28%

Financials

HEI vs. AM.PA - Financials Comparison

This section allows you to compare key financial metrics between HEICO Corporation and Dassault Aviation SA. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.

Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities

Please note, different currencies. HEI values in USD, AM.PA values in EUR

Frequently Asked Questions

HEI and AM.PA have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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