IAG.L vs. RY4C.DE
IAG.L (International Consolidated Airlines Group S.A) and RY4C.DE (Ryanair Holdings plc) are both stocks. Both operate in the Airlines industry within the Industrials sector. Over the past 10 years, IAG.L returned 12.33%/yr vs 8.36%/yr for RY4C.DE. At a 0.45 correlation, their price movements are largely independent.
Performance
IAG.L vs. RY4C.DE - Performance Comparison
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Different Trading Currencies
IAG.L is traded in GBp, while RY4C.DE is traded in EUR. To make them comparable, the RY4C.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, IAG.L achieves a 5.29% return, which is significantly higher than RY4C.DE's -16.87% return. Over the past 10 years, IAG.L has outperformed RY4C.DE with an annualized return of 12.33%, while RY4C.DE has yielded a comparatively lower 8.36% annualized return.
IAG.L
- 1D
- 7.07%
- 1M
- 13.48%
- YTD
- 5.29%
- 6M
- 8.05%
- 1Y
- 41.42%
- 3Y*
- 39.82%
- 5Y*
- 17.40%
- 10Y*
- 12.33%
RY4C.DE
- 1D
- 1.60%
- 1M
- 6.10%
- YTD
- -16.87%
- 6M
- -17.89%
- 1Y
- 10.63%
- 3Y*
- 15.29%
- 5Y*
- 9.05%
- 10Y*
- 8.36%
IAG.L vs. RY4C.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IAG.L International Consolidated Airlines Group S.A | 5.29% | 40.91% | 97.04% | 25.16% | -13.08% | -10.84% | -41.84% | 20.62% | 2.06% | 56.82% |
RY4C.DE Ryanair Holdings plc | -16.87% | 65.45% | -1.91% | 48.84% | -13.96% | -15.37% | 22.07% | 33.47% | -31.27% | 9.80% |
Correlation
The correlation between IAG.L and RY4C.DE is 0.58, 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 | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since May 17, 2011 | 0.45 |
The correlation between IAG.L and RY4C.DE shifts across timeframes, from 0.45 (all time) to 0.58 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IAG.L vs. RY4C.DE — Risk / Return Rank
IAG.L
RY4C.DE
IAG.L vs. RY4C.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for International Consolidated Airlines Group S.A (IAG.L) 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.
| IAG.L | RY4C.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.82 | ||
| Sortino ratioReturn per unit of downside risk | +1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.06 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.43 | 0.22 | +1.21 |
| Martin ratioReturn relative to average drawdown | 3.76 | 0.53 | +3.23 |
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Drawdowns
IAG.L vs. RY4C.DE - Drawdown Comparison
The maximum IAG.L drawdown since its inception was -80.97%, which is greater than RY4C.DE's maximum drawdown of -57.32%. Use the drawdown chart below to compare losses from any high point for IAG.L and RY4C.DE.
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Drawdown Indicators
| IAG.L | RY4C.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.97% | -57.32% | -23.65% |
Max Drawdown (1Y)Largest decline over 1 year | -25.15% | -25.28% | +0.13% |
Max Drawdown (3Y)Largest decline over 3 years | -38.74% | -37.35% | -1.39% |
Max Drawdown (5Y)Largest decline over 5 years | -53.24% | -41.92% | -11.32% |
Max Drawdown (10Y)Largest decline over 10 years | -75.58% | -57.32% | -18.26% |
Current DrawdownCurrent decline from peak | -4.61% | -18.06% | +13.45% |
Average DrawdownAverage peak-to-trough decline | -37.38% | -17.17% | -20.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.60% | 10.60% | -1.00% |
Volatility
IAG.L vs. RY4C.DE - Volatility Comparison
International Consolidated Airlines Group S.A (IAG.L) has a higher volatility of 11.36% compared to Ryanair Holdings plc (RY4C.DE) at 10.45%. This indicates that IAG.L'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
| IAG.L | RY4C.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.36% | 10.45% | +0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 28.94% | 25.82% | +3.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.59% | 33.09% | +3.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.08% | 35.08% | +4.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.42% | 37.16% | +11.26% |
Dividends
IAG.L vs. RY4C.DE - Dividend Comparison
IAG.L's dividend yield for the trailing twelve months is around 2.16%, more than RY4C.DE's 1.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IAG.L International Consolidated Airlines Group S.A | 2.16% | 2.27% | 0.71% | 0.00% | 0.00% | 0.00% | 0.00% | 13.57% | 7.50% | 5.65% | 6.92% | 2.28% |
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
IAG.L vs. RY4C.DE - Financials Comparison
This section allows you to compare key financial metrics between International Consolidated Airlines Group S.A 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
IAG.L and RY4C.DE have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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