HO.PA vs. THLLY
HO.PA (Thales S.A.) and THLLY (Thales SA ADR) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 5 years, HO.PA returned 24.17%/yr vs 24.16%/yr for THLLY. Their correlation of 0.81 suggests significant overlap in exposure.
Performance
HO.PA vs. THLLY - Performance Comparison
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Different Trading Currencies
HO.PA is traded in EUR, while THLLY is traded in USD. To make them comparable, the THLLY values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, HO.PA achieves a -0.80% return, which is significantly higher than THLLY's -1.11% return.
HO.PA
- 1D
- -0.75%
- 1M
- -2.24%
- YTD
- -0.80%
- 6M
- 1.54%
- 1Y
- -15.86%
- 3Y*
- 21.41%
- 5Y*
- 24.17%
- 10Y*
- 13.49%
THLLY
- 1D
- -0.91%
- 1M
- -2.25%
- YTD
- -1.11%
- 6M
- 1.33%
- 1Y
- -16.04%
- 3Y*
- 21.40%
- 5Y*
- 24.16%
- 10Y*
- —
HO.PA vs. THLLY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
HO.PA Thales S.A. | -0.80% | 68.36% | 5.76% | 14.78% | 63.17% | 2.31% | -18.62% | -7.22% | -7.06% |
THLLY Thales SA ADR | -1.11% | 69.31% | 5.36% | 14.81% | 60.64% | 3.52% | -19.64% | -81.61% | -7.31% |
Correlation
The correlation between HO.PA and THLLY is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Nov 22, 2018 | 0.81 |
The correlation between HO.PA and THLLY has been stable across timeframes, ranging from 0.81 to 0.90 - a consistent structural relationship.
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Return for Risk
HO.PA vs. THLLY — Risk / Return Rank
HO.PA
THLLY
HO.PA vs. THLLY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Thales S.A. (HO.PA) and Thales SA ADR (THLLY). 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.
| HO.PA | THLLY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 0.94 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.80 | -0.80 | -0.01 |
| Martin ratioReturn relative to average drawdown | -1.39 | -1.41 | +0.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HO.PA | THLLY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.51 | -0.50 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.85 | 0.81 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | -0.23 | +0.53 |
Drawdowns
HO.PA vs. THLLY - Drawdown Comparison
The maximum HO.PA drawdown since its inception was -66.14%, smaller than the maximum THLLY drawdown of -90.32%. Use the drawdown chart below to compare losses from any high point for HO.PA and THLLY.
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Drawdown Indicators
| HO.PA | THLLY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.14% | -90.32% | +24.18% |
Max Drawdown (1Y)Largest decline over 1 year | -19.60% | -20.23% | +0.63% |
Max Drawdown (3Y)Largest decline over 3 years | -20.55% | -20.88% | +0.33% |
Max Drawdown (5Y)Largest decline over 5 years | -21.97% | -23.23% | +1.26% |
Max Drawdown (10Y)Largest decline over 10 years | -53.77% | — | — |
Current DrawdownCurrent decline from peak | -16.13% | -53.87% | +37.74% |
Average DrawdownAverage peak-to-trough decline | -21.20% | -72.22% | +51.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.28% | 11.42% | -1.14% |
Volatility
HO.PA vs. THLLY - Volatility Comparison
Thales S.A. (HO.PA) and Thales SA ADR (THLLY) have volatilities of 8.63% and 8.81%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HO.PA | THLLY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.63% | 8.81% | -0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 23.41% | 23.87% | -0.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.18% | 31.93% | -0.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.12% | 30.10% | -1.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.55% | 45.40% | -17.85% |
Dividends
HO.PA vs. THLLY - Dividend Comparison
HO.PA's dividend yield for the trailing twelve months is around 1.73%, less than THLLY's 1.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HO.PA Thales S.A. | 1.73% | 1.65% | 2.49% | 2.27% | 2.23% | 2.62% | 0.53% | 2.36% | 1.76% | 1.84% | 1.53% | 1.64% |
THLLY Thales SA ADR | 1.75% | 1.58% | 2.57% | 2.24% | 2.24% | 2.68% | 0.52% | 0.63% | 0.48% | 0.00% | 0.00% | 0.00% |
Financials
HO.PA vs. THLLY - Financials Comparison
This section allows you to compare key financial metrics between Thales S.A. and Thales SA ADR. 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
With a correlation of 0.90, HO.PA and THLLY move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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