LDO.MI vs. RIO
LDO.MI (Leonardo S.p.A.) and RIO (Rio Tinto Group) are both stocks. LDO.MI operates in Aerospace & Defense (Industrials), while RIO operates in Other Industrial Metals & Mining (Basic Materials). Over the past 10 years, LDO.MI returned 20.81%/yr vs 22.15%/yr for RIO. At a 0.24 correlation, their price movements are largely independent.
Performance
LDO.MI vs. RIO - Performance Comparison
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Different Trading Currencies
LDO.MI is traded in EUR, while RIO is traded in USD. To make them comparable, the RIO 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 8.79% return, which is significantly lower than RIO's 37.40% return. Over the past 10 years, LDO.MI has underperformed RIO with an annualized return of 20.81%, while RIO has yielded a comparatively higher 22.15% annualized return.
LDO.MI
- 1D
- -0.43%
- 1M
- 7.30%
- YTD
- 8.79%
- 6M
- 11.00%
- 1Y
- 11.73%
- 3Y*
- 73.47%
- 5Y*
- 50.82%
- 10Y*
- 20.81%
RIO
- 1D
- 1.73%
- 1M
- -4.78%
- YTD
- 37.40%
- 6M
- 45.25%
- 1Y
- 89.36%
- 3Y*
- 21.68%
- 5Y*
- 12.76%
- 10Y*
- 22.15%
LDO.MI vs. RIO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LDO.MI Leonardo S.p.A. | 8.79% | 91.71% | 75.75% | 87.70% | 29.81% | 6.60% | -42.19% | 37.99% | -21.37% | -24.95% |
RIO Rio Tinto Group | 37.40% | 27.32% | -9.77% | 7.73% | 25.82% | 3.54% | 24.99% | 36.19% | 1.63% | 27.07% |
Correlation
The correlation between LDO.MI and RIO is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Sep 5, 2007 | 0.24 |
The correlation between LDO.MI and RIO shifts across timeframes, from 0.08 (3 years) to 0.24 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
LDO.MI vs. RIO — Risk / Return Rank
LDO.MI
RIO
LDO.MI vs. RIO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leonardo S.p.A. (LDO.MI) and Rio Tinto Group (RIO). 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.
| LDO.MI | RIO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.00 | ||
| Sortino ratioReturn per unit of downside risk | -3.21 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.49 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | 0.49 | 6.69 | -6.20 |
| Martin ratioReturn relative to average drawdown | 1.13 | 26.29 | -25.17 |
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Drawdowns
LDO.MI vs. RIO - Drawdown Comparison
The maximum LDO.MI drawdown since its inception was -84.17%, roughly equal to the maximum RIO drawdown of -86.56%. Use the drawdown chart below to compare losses from any high point for LDO.MI and RIO.
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Drawdown Indicators
| LDO.MI | RIO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.17% | -86.56% | +2.39% |
Max Drawdown (1Y)Largest decline over 1 year | -23.76% | -13.42% | -10.34% |
Max Drawdown (3Y)Largest decline over 3 years | -23.76% | -24.79% | +1.03% |
Max Drawdown (5Y)Largest decline over 5 years | -33.68% | -28.64% | -5.04% |
Max Drawdown (10Y)Largest decline over 10 years | -73.15% | -34.88% | -38.27% |
Current DrawdownCurrent decline from peak | -16.78% | -5.15% | -11.63% |
Average DrawdownAverage peak-to-trough decline | -38.08% | -26.48% | -11.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.42% | 3.42% | +7.00% |
Volatility
LDO.MI vs. RIO - Volatility Comparison
The current volatility for Leonardo S.p.A. (LDO.MI) is 9.48%, while Rio Tinto Group (RIO) has a volatility of 10.96%. This indicates that LDO.MI experiences smaller price fluctuations and is considered to be less risky than RIO 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 | RIO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.48% | 10.96% | -1.48% |
Volatility (6M)Calculated over the trailing 6-month period | 29.66% | 22.69% | +6.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.60% | 27.38% | +13.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.60% | 27.39% | +8.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.68% | 29.52% | +8.16% |
Dividends
LDO.MI vs. RIO - Dividend Comparison
LDO.MI's dividend yield for the trailing twelve months is around 0.97%, less than RIO's 3.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LDO.MI Leonardo S.p.A. | 0.97% | 1.06% | 1.08% | 0.94% | 1.74% | 0.00% | 2.37% | 1.34% | 1.82% | 1.41% | 0.00% | 0.00% |
RIO Rio Tinto Group | 3.82% | 4.66% | 7.40% | 5.40% | 10.48% | 10.23% | 5.13% | 7.68% | 6.32% | 4.47% | 3.93% | 7.58% |
Financials
LDO.MI vs. RIO - Financials Comparison
This section allows you to compare key financial metrics between Leonardo S.p.A. and Rio Tinto Group. 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 RIO have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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