IAG.L vs. JET2.L
IAG.L (International Consolidated Airlines Group S.A) and JET2.L (Jet2 plc) are both stocks. IAG.L operates in Airlines (Industrials), while JET2.L operates in Travel Services (Consumer Cyclical). Over the past 10 years, IAG.L returned 7.47%/yr vs 7.98%/yr for JET2.L. At a 0.27 correlation, their price movements are largely independent.
Performance
IAG.L vs. JET2.L - Performance Comparison
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Returns By Period
In the year-to-date period, IAG.L achieves a 1.69% return, which is significantly higher than JET2.L's -9.90% return. Over the past 10 years, IAG.L has underperformed JET2.L with an annualized return of 7.47%, while JET2.L has yielded a comparatively higher 7.98% annualized return.
IAG.L
- 1D
- 0.26%
- 1M
- 15.08%
- YTD
- 1.69%
- 6M
- 9.43%
- 1Y
- 28.99%
- 3Y*
- 40.77%
- 5Y*
- 17.44%
- 10Y*
- 7.47%
JET2.L
- 1D
- 2.02%
- 1M
- 12.99%
- YTD
- -9.90%
- 6M
- -6.02%
- 1Y
- -32.99%
- 3Y*
- 0.82%
- 5Y*
- 0.06%
- 10Y*
- 7.98%
IAG.L vs. JET2.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IAG.L International Consolidated Airlines Group S.A | 1.69% | 40.88% | 97.53% | 25.16% | -13.08% | -10.84% | -56.33% | 21.33% | 0.70% | 55.74% |
JET2.L Jet2 plc | -9.90% | -10.29% | 27.71% | 31.67% | -13.78% | -22.03% | -15.58% | 121.89% | 14.57% | 38.92% |
Correlation
The correlation between IAG.L and JET2.L is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Jun 20, 1989 | 0.27 |
Over the past year, IAG.L and JET2.L have become more correlated (0.63) than their long-term average of 0.27, meaning their price movements have been converging.
Fundamentals
IAG.L:
£21.00B
JET2.L:
£2.59B
IAG.L:
£0.98
JET2.L:
£4.63
IAG.L:
4.29
JET2.L:
2.73
IAG.L:
0.04
JET2.L:
0.10
IAG.L:
0.48
JET2.L:
0.18
IAG.L:
2.76
JET2.L:
1.26
IAG.L:
£42.52B
JET2.L:
£14.36B
IAG.L:
£9.71B
JET2.L:
£1.99B
IAG.L:
£8.77B
JET2.L:
£1.75B
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Return for Risk
IAG.L vs. JET2.L — Risk / Return Rank
IAG.L
JET2.L
IAG.L vs. JET2.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for International Consolidated Airlines Group S.A (IAG.L) and Jet2 plc (JET2.L). 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.
| IAG.L | JET2.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.79 | ||
| Sortino ratioReturn per unit of downside risk | +2.58 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.84 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 1.15 | -0.72 | +1.87 |
| Martin ratioReturn relative to average drawdown | 3.02 | -1.09 | +4.11 |
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
| IAG.L | JET2.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.80 | -0.98 | +1.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.00 | +0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.16 | 0.15 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.38 | -0.23 |
Drawdowns
IAG.L vs. JET2.L - Drawdown Comparison
The maximum IAG.L drawdown since its inception was -86.39%, smaller than the maximum JET2.L drawdown of -91.80%. Use the drawdown chart below to compare losses from any high point for IAG.L and JET2.L.
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Drawdown Indicators
| IAG.L | JET2.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.39% | -91.80% | +5.41% |
Max Drawdown (1Y)Largest decline over 1 year | -25.15% | -45.38% | +20.23% |
Max Drawdown (3Y)Largest decline over 3 years | -38.74% | -45.38% | +6.64% |
Max Drawdown (5Y)Largest decline over 5 years | -54.20% | -53.07% | -1.13% |
Max Drawdown (10Y)Largest decline over 10 years | -76.84% | -84.26% | +7.42% |
Current DrawdownCurrent decline from peak | -7.87% | -34.40% | +26.53% |
Average DrawdownAverage peak-to-trough decline | -37.80% | -27.01% | -10.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.57% | 30.33% | -20.76% |
Volatility
IAG.L vs. JET2.L - Volatility Comparison
International Consolidated Airlines Group S.A (IAG.L) has a higher volatility of 13.52% compared to Jet2 plc (JET2.L) at 8.37%. This indicates that IAG.L's price experiences larger fluctuations and is considered to be riskier than JET2.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IAG.L | JET2.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.52% | 8.37% | +5.15% |
Volatility (6M)Calculated over the trailing 6-month period | 28.19% | 23.23% | +4.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.96% | 33.44% | +2.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.04% | 38.27% | +0.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.30% | 54.68% | -9.38% |
Dividends
IAG.L vs. JET2.L - Dividend Comparison
IAG.L's dividend yield for the trailing twelve months is around 2.22%, more than JET2.L's 1.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IAG.L International Consolidated Airlines Group S.A | 2.22% | 2.25% | 0.86% | 0.00% | 0.00% | 0.00% | 10.64% | 13.78% | 6.12% | 5.01% | 6.21% | 2.14% |
JET2.L Jet2 plc | 1.32% | 1.18% | 0.68% | 0.96% | 0.31% | 0.00% | 0.00% | 0.61% | 1.14% | 1.00% | 0.62% | 0.66% |
Financials
IAG.L vs. JET2.L - Financials Comparison
This section allows you to compare key financial metrics between International Consolidated Airlines Group S.A and Jet2 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
IAG.L vs. JET2.L - Profitability Comparison
IAG.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, International Consolidated Airlines Group S.A reported a gross profit of 4.15B and revenue of 17.28B. Therefore, the gross margin over that period was 24.0%.
JET2.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Jet2 plc reported a gross profit of 911.80M and revenue of 5.34B. Therefore, the gross margin over that period was 17.1%.
IAG.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, International Consolidated Airlines Group S.A reported an operating income of 3.09B and revenue of 17.28B, resulting in an operating margin of 17.9%.
JET2.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Jet2 plc reported an operating income of 715.20M and revenue of 5.34B, resulting in an operating margin of 13.4%.
IAG.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, International Consolidated Airlines Group S.A reported a net income of 2.04B and revenue of 17.28B, resulting in a net margin of 11.8%.
JET2.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Jet2 plc reported a net income of 600.20M and revenue of 5.34B, resulting in a net margin of 11.2%.
Frequently Asked Questions
IAG.L and JET2.L have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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