HEIA.AS vs. LMT
HEIA.AS (Heineken N.V.) and LMT (Lockheed Martin Corporation) are both stocks. HEIA.AS operates in Beverages - Brewers (Consumer Defensive), while LMT operates in Aerospace & Defense (Industrials). Over the past 10 years, HEIA.AS returned 0.71%/yr vs 11.02%/yr for LMT. At a 0.16 correlation, their price movements are largely independent.
Performance
HEIA.AS vs. LMT - Performance Comparison
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Different Trading Currencies
HEIA.AS is traded in EUR, while LMT is traded in USD. To make them comparable, the LMT values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, HEIA.AS achieves a 2.90% return, which is significantly lower than LMT's 14.78% return. Over the past 10 years, HEIA.AS has underperformed LMT with an annualized return of 0.71%, while LMT has yielded a comparatively higher 11.02% annualized return.
HEIA.AS
- 1D
- -0.20%
- 1M
- 6.72%
- YTD
- 2.90%
- 6M
- 3.05%
- 1Y
- -7.15%
- 3Y*
- -6.97%
- 5Y*
- -4.45%
- 10Y*
- 0.71%
LMT
- 1D
- -1.44%
- 1M
- 5.43%
- YTD
- 14.78%
- 6M
- 15.53%
- 1Y
- 13.90%
- 3Y*
- 6.48%
- 5Y*
- 10.79%
- 10Y*
- 11.02%
HEIA.AS vs. LMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HEIA.AS Heineken N.V. | 2.90% | 4.12% | -23.78% | 6.71% | -9.72% | 9.48% | -2.55% | 25.08% | -9.63% | 23.99% |
LMT Lockheed Martin Corporation | 14.78% | -9.69% | 17.28% | -7.18% | 49.18% | 10.87% | -14.20% | 55.99% | -12.42% | 15.57% |
Correlation
The correlation between HEIA.AS and LMT 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 | 0.10 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 2007 | 0.16 |
The correlation between HEIA.AS and LMT shifts across timeframes, from -0.02 (5 years) to 0.16 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
HEIA.AS vs. LMT — Risk / Return Rank
HEIA.AS
LMT
HEIA.AS vs. LMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Heineken N.V. (HEIA.AS) and Lockheed Martin Corporation (LMT). 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.
| HEIA.AS | LMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.10 | ||
| Sortino ratioReturn per unit of downside risk | -1.48 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.14 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | -0.51 | 0.72 | -1.23 |
| Martin ratioReturn relative to average drawdown | -0.79 | 1.70 | -2.50 |
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Drawdowns
HEIA.AS vs. LMT - Drawdown Comparison
The maximum HEIA.AS drawdown since its inception was -58.39%, which is greater than LMT's maximum drawdown of -44.76%. Use the drawdown chart below to compare losses from any high point for HEIA.AS and LMT.
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Drawdown Indicators
| HEIA.AS | LMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.39% | -44.76% | -13.63% |
Max Drawdown (1Y)Largest decline over 1 year | -18.67% | -25.75% | +7.08% |
Max Drawdown (3Y)Largest decline over 3 years | -33.38% | -37.23% | +3.85% |
Max Drawdown (5Y)Largest decline over 5 years | -37.50% | -37.23% | -0.27% |
Max Drawdown (10Y)Largest decline over 10 years | -37.50% | -37.23% | -0.27% |
Current DrawdownCurrent decline from peak | -28.21% | -18.78% | -9.43% |
Average DrawdownAverage peak-to-trough decline | -14.50% | -12.65% | -1.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.94% | 10.86% | +1.08% |
Volatility
HEIA.AS vs. LMT - Volatility Comparison
Heineken N.V. (HEIA.AS) has a higher volatility of 8.51% compared to Lockheed Martin Corporation (LMT) at 6.74%. This indicates that HEIA.AS's price experiences larger fluctuations and is considered to be riskier than LMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HEIA.AS | LMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.51% | 6.74% | +1.77% |
Volatility (6M)Calculated over the trailing 6-month period | 16.79% | 20.43% | -3.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.22% | 27.39% | -5.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.03% | 24.07% | -2.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.23% | 24.82% | -3.59% |
Dividends
HEIA.AS vs. LMT - Dividend Comparison
HEIA.AS's dividend yield for the trailing twelve months is around 2.69%, more than LMT's 2.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HEIA.AS Heineken N.V. | 2.69% | 2.74% | 2.52% | 2.09% | 1.66% | 0.99% | 1.14% | 1.74% | 1.97% | 1.56% | 1.94% | 1.50% |
LMT Lockheed Martin Corporation | 2.53% | 2.76% | 2.62% | 2.68% | 2.34% | 2.98% | 2.76% | 2.31% | 3.13% | 2.32% | 2.71% | 2.83% |
Financials
HEIA.AS vs. LMT - Financials Comparison
This section allows you to compare key financial metrics between Heineken N.V. and Lockheed Martin Corporation. 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
HEIA.AS and LMT 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.
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