LDO.MI vs. SAABY
LDO.MI (Leonardo S.p.A.) and SAABY (Saab AB (publ)) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 5 years, LDO.MI returned 52.70%/yr vs 53.73%/yr for SAABY. At a 0.30 correlation, their price movements are largely independent.
Performance
LDO.MI vs. SAABY - Performance Comparison
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Different Trading Currencies
LDO.MI is traded in EUR, while SAABY is traded in USD. To make them comparable, the SAABY 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 2.75% return, which is significantly lower than SAABY's 4.87% return.
LDO.MI
- 1D
- -1.66%
- 1M
- -4.07%
- 6M
- -15.81%
- YTD
- 2.75%
- 1Y
- 2.84%
- 3Y*
- 64.97%
- 5Y*
- 52.70%
- 10Y*
- 19.29%
- ALL TIME*
- 7.69%
SAABY
- 1D
- 0.72%
- 1M
- 12.64%
- 6M
- -21.83%
- YTD
- 4.87%
- 1Y
- 4.32%
- 3Y*
- 61.05%
- 5Y*
- 53.73%
- 10Y*
- —
- ALL TIME*
- 41.25%
LDO.MI vs. SAABY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
LDO.MI Leonardo S.p.A. | 2.75% | 91.71% | 75.75% | 87.70% | 29.81% | 6.60% | -14.67% |
SAABY Saab AB (publ) | 4.87% | 144.63% | 49.09% | 42.66% | 77.64% | -44.96% | 62.97% |
Correlation
The correlation between LDO.MI and SAABY is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2020 | 0.30 |
Over the past year, LDO.MI and SAABY have become more correlated (0.75) than their long-term average of 0.30, meaning their price movements have been converging.
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Return for Risk
LDO.MI vs. SAABY — Risk / Return Rank
LDO.MI
SAABY
LDO.MI vs. SAABY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leonardo S.p.A. (LDO.MI) and Saab AB (publ) (SAABY). 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 | SAABY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.05 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.10 | 0.12 | -0.02 |
| Martin ratioReturn relative to average drawdown | 0.23 | 0.26 | -0.03 |
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Drawdowns
LDO.MI vs. SAABY - Drawdown Comparison
The maximum LDO.MI drawdown since its inception was -84.17%, which is greater than SAABY's maximum drawdown of -51.44%. Use the drawdown chart below to compare losses from any high point for LDO.MI and SAABY.
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Drawdown Indicators
| LDO.MI | SAABY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.17% | -51.44% | -32.73% |
Max Drawdown (1Y)Largest decline over 1 year | -27.45% | -35.52% | +8.07% |
Max Drawdown (3Y)Largest decline over 3 years | -27.45% | -35.52% | +8.07% |
Max Drawdown (5Y)Largest decline over 5 years | -33.68% | -35.52% | +1.84% |
Max Drawdown (10Y)Largest decline over 10 years | -73.15% | — | — |
Current DrawdownCurrent decline from peak | -21.39% | -24.11% | +2.72% |
Average DrawdownAverage peak-to-trough decline | -38.18% | -16.43% | -21.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.29% | 16.75% | -4.46% |
Volatility
LDO.MI vs. SAABY - Volatility Comparison
The current volatility for Leonardo S.p.A. (LDO.MI) is 12.85%, while Saab AB (publ) (SAABY) has a volatility of 16.72%. This indicates that LDO.MI experiences smaller price fluctuations and is considered to be less risky than SAABY 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 | SAABY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.85% | 16.72% | -3.87% |
Volatility (6M)Calculated over the trailing 6-month period | 30.03% | 33.14% | -3.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.30% | 45.17% | -3.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.88% | 47.58% | -11.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.44% | 57.39% | -19.95% |
Dividends
LDO.MI vs. SAABY - Dividend Comparison
LDO.MI's dividend yield for the trailing twelve months is around 1.26%, more than SAABY's 0.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
LDO.MI Leonardo S.p.A. | 1.26% | 1.06% | 1.08% | 0.94% | 1.74% | 0.00% | 2.37% | 1.34% | 1.82% | 1.41% |
SAABY Saab AB (publ) | 0.40% | 0.36% | 0.73% | 0.84% | 1.24% | 2.19% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
LDO.MI vs. SAABY - Financials Comparison
This section allows you to compare key financial metrics between Leonardo S.p.A. and Saab AB (publ). 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 SAABY have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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