III.L vs. KTOS

Last updated Jun 13, 2026

III.L (3I Group plc) and KTOS (Kratos Defense & Security Solutions, Inc.) are both stocks. III.L operates in Investment Banking & Investment Services (Financial Services), while KTOS operates in Aerospace & Defense (Industrials). Over the past 10 years, III.L returned 19.84%/yr vs 31.50%/yr for KTOS. At a 0.17 correlation, their price movements are largely independent.

Performance

III.L vs. KTOS - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in 3I Group plc (III.L) and Kratos Defense & Security Solutions, Inc. (KTOS). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

III.L is traded in GBp, while KTOS is traded in USD. To make them comparable, the KTOS values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, III.L achieves a -29.24% return, which is significantly lower than KTOS's -23.53% return. Over the past 10 years, III.L has underperformed KTOS with an annualized return of 19.84%, while KTOS has yielded a comparatively higher 31.50% annualized return.

III.L

• 1D: 3.78%
• 1M: -4.63%
• YTD: -29.24%
• 6M: -26.18%
• 1Y: -43.66%
• 3Y*: 7.01%
• 5Y*: 16.34%
• 10Y*: 19.84%

KTOS

• 1D: -1.67%
• 1M: 10.99%
• YTD: -23.53%
• 6M: -24.16%
• 1Y: 42.26%
• 3Y*: 57.14%
• 5Y*: 18.34%
• 10Y*: 31.50%

*Multi-year figures are annualized to reflect compound growth (CAGR)

III.L vs. KTOS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
III.L 3I Group plc	-29.24%	-6.44%	50.11%	85.46%	-3.46%	28.99%	9.36%	47.12%	-11.76%	33.70%
KTOS Kratos Defense & Security Solutions, Inc.	-23.53%	167.26%	32.29%	86.78%	-40.48%	-28.60%	47.83%	22.96%	40.94%	30.73%

Correlation

The correlation between III.L and KTOS is 0.07, 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	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (10Y) Calculated over the trailing 10-year period	0.15
Correlation (All Time) Calculated using the full available price history since Jul 11, 2007	0.17

The correlation between III.L and KTOS shifts across timeframes, from 0.07 (1 year) to 0.17 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap III.L : £23.50B KTOS : $10.36B
EPS III.L : £10.41 KTOS : $0.17
PE Ratio III.L : 2.22 KTOS : 335.35
PEG Ratio III.L : 0.27 KTOS : 3.89
PS Ratio III.L : 10.82 KTOS : 6.97
PB Ratio III.L : 0.76 KTOS : 3.04
Total Revenue (TTM) III.L : £2.12B KTOS : $1.42B
Gross Profit (TTM) III.L : £5.57B KTOS : $259.40M
EBITDA (TTM) III.L : £9.82B KTOS : $78.30M

Return for Risk

III.L vs. KTOS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

III.L

III.L Risk / Return Rank: 7
III.L Sharpe Ratio Rank: 5
III.L Sortino Ratio Rank: 8
III.L Omega Ratio Rank: 6
III.L Calmar Ratio Rank: 11
III.L Martin Ratio Rank: 4

KTOS

KTOS Risk / Return Rank: 60
KTOS Sharpe Ratio Rank: 62
KTOS Sortino Ratio Rank: 62
KTOS Omega Ratio Rank: 59
KTOS Calmar Ratio Rank: 58
KTOS Martin Ratio Rank: 57

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.

III.L vs. KTOS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 3I Group plc (III.L) and Kratos Defense & Security Solutions, Inc. (KTOS). 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.

	III.L	KTOS	Difference
Sharpe ratio: Return per unit of total volatility	-1.00	0.59	-1.60
Sortino ratio: Return per unit of downside risk	-1.34	1.28	-2.62
Omega ratio: Gain probability vs. loss probability	0.80	1.15	-0.35
Calmar ratio: Return relative to maximum drawdown	-0.82	0.70	-1.53
Martin ratio: Return relative to average drawdown	-1.63	1.41	-3.04

III.L vs. KTOS - Sharpe Ratio Comparison

The current III.L Sharpe Ratio is -1.00, which is lower than the KTOS Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of III.L and KTOS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

III.L vs. KTOS - Drawdown Comparison

The maximum III.L drawdown since its inception was -84.90%, roughly equal to the maximum KTOS drawdown of -86.00%. Use the drawdown chart below to compare losses from any high point for III.L and KTOS.

Drawdown Indicators

	III.L	KTOS	Difference
Max Drawdown Largest peak-to-trough decline	-84.90%	-86.00%	+1.10%
Max Drawdown (1Y) Largest decline over 1 year	-52.78%	-60.28%	+7.50%
Max Drawdown (3Y) Largest decline over 3 years	-52.78%	-60.28%	+7.50%
Max Drawdown (5Y) Largest decline over 5 years	-52.78%	-65.45%	+12.67%
Max Drawdown (10Y) Largest decline over 10 years	-52.78%	-69.18%	+16.40%
Current Drawdown Current decline from peak	-47.63%	-55.91%	+8.28%
Average Drawdown Average peak-to-trough decline	-23.08%	-47.36%	+24.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.82%	29.98%	-3.16%

Volatility

III.L vs. KTOS - Volatility Comparison

The current volatility for 3I Group plc (III.L) is 19.01%, while Kratos Defense & Security Solutions, Inc. (KTOS) has a volatility of 22.79%. This indicates that III.L experiences smaller price fluctuations and is considered to be less risky than KTOS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	III.L	KTOS	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.01%	22.79%	-3.78%
Volatility (6M) Calculated over the trailing 6-month period	37.16%	55.76%	-18.60%
Volatility (1Y) Calculated over the trailing 1-year period	43.35%	71.59%	-28.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.78%	51.63%	-20.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.35%	50.45%	-20.10%

Dividends

III.L vs. KTOS - Dividend Comparison

III.L's dividend yield for the trailing twelve months is around 3.42%, while KTOS has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
III.L 3I Group plc	3.42%	2.42%	1.82%	2.32%	3.76%	2.78%	3.02%	3.42%	4.78%	2.90%	3.41%	2.37%
KTOS Kratos Defense & Security Solutions, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both III.L and KTOS in my portfolio?

III.L and KTOS have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.