LDO.MI vs. ALKS
LDO.MI (Leonardo S.p.A.) and ALKS (Alkermes plc) are both stocks. LDO.MI operates in Aerospace & Defense (Industrials), while ALKS operates in Biotechnology (Healthcare). Over the past 10 years, LDO.MI returned 19.15%/yr vs -0.30%/yr for ALKS. At a 0.16 correlation, their price movements are largely independent.
Performance
LDO.MI vs. ALKS - Performance Comparison
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Different Trading Currencies
LDO.MI is traded in EUR, while ALKS is traded in USD. To make them comparable, the ALKS values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, LDO.MI achieves a 4.27% return, which is significantly lower than ALKS's 54.51% return. Over the past 10 years, LDO.MI has outperformed ALKS with an annualized return of 19.15%, while ALKS has yielded a comparatively lower -0.30% annualized return.
LDO.MI
- 1D
- 0.77%
- 1M
- -3.57%
- YTD
- 4.27%
- 6M
- 8.60%
- 1Y
- -1.50%
- 3Y*
- 72.08%
- 5Y*
- 49.78%
- 10Y*
- 19.15%
ALKS
- 1D
- -0.93%
- 1M
- 23.97%
- YTD
- 54.51%
- 6M
- 45.63%
- 1Y
- 32.24%
- 3Y*
- 8.33%
- 5Y*
- 12.66%
- 10Y*
- -0.30%
LDO.MI vs. ALKS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LDO.MI Leonardo S.p.A. | 4.27% | 91.71% | 75.81% | 87.64% | 29.81% | 6.60% | -42.19% | 38.03% | -21.39% | -24.95% |
ALKS Alkermes plc | 54.51% | -14.26% | 10.52% | 2.98% | 19.30% | 25.31% | -10.27% | -29.31% | -43.55% | -13.63% |
Correlation
The correlation between LDO.MI and ALKS is 0.04, 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 | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Aug 31, 2007 | 0.16 |
The correlation between LDO.MI and ALKS shifts across timeframes, from 0.04 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
LDO.MI vs. ALKS — Risk / Return Rank
LDO.MI
ALKS
LDO.MI vs. ALKS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leonardo S.p.A. (LDO.MI) and Alkermes plc (ALKS). 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.
| LDO.MI | ALKS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.86 | ||
| Sortino ratioReturn per unit of downside risk | -1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.17 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.10 | 1.62 | -1.72 |
| Martin ratioReturn relative to average drawdown | -0.21 | 3.04 | -3.25 |
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
| LDO.MI | ALKS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.06 | 0.80 | -0.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.38 | 0.34 | +1.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | -0.01 | +0.51 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.13 | +0.05 |
Drawdowns
LDO.MI vs. ALKS - Drawdown Comparison
The maximum LDO.MI drawdown since its inception was -90.12%, which is greater than ALKS's maximum drawdown of -83.63%. Use the drawdown chart below to compare losses from any high point for LDO.MI and ALKS.
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Drawdown Indicators
| LDO.MI | ALKS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.12% | -83.63% | -6.49% |
Max Drawdown (1Y)Largest decline over 1 year | -23.76% | -20.01% | -3.75% |
Max Drawdown (3Y)Largest decline over 3 years | -23.76% | -35.29% | +11.53% |
Max Drawdown (5Y)Largest decline over 5 years | -33.70% | -35.29% | +1.59% |
Max Drawdown (10Y)Largest decline over 10 years | -73.16% | -79.44% | +6.28% |
Current DrawdownCurrent decline from peak | -20.23% | -49.66% | +29.43% |
Average DrawdownAverage peak-to-trough decline | -52.87% | -42.46% | -10.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.58% | 11.25% | +0.33% |
Volatility
LDO.MI vs. ALKS - Volatility Comparison
The current volatility for Leonardo S.p.A. (LDO.MI) is 10.58%, while Alkermes plc (ALKS) has a volatility of 12.02%. This indicates that LDO.MI experiences smaller price fluctuations and is considered to be less risky than ALKS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LDO.MI | ALKS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.58% | 12.02% | -1.44% |
Volatility (6M)Calculated over the trailing 6-month period | 29.75% | 29.92% | -0.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.24% | 40.45% | +0.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.63% | 37.70% | -2.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.73% | 41.90% | -4.17% |
Dividends
LDO.MI vs. ALKS - Dividend Comparison
LDO.MI's dividend yield for the trailing twelve months is around 1.01%, while ALKS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
ALKS Alkermes plc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LDO.MI Leonardo S.p.A. | 1.01% | 1.06% | 1.08% | 0.94% | 1.74% | 0.00% | 2.37% | 1.34% | 1.82% | 1.41% |
Financials
LDO.MI vs. ALKS - Financials Comparison
This section allows you to compare key financial metrics between Leonardo S.p.A. and Alkermes 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
LDO.MI and ALKS have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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