LDO.MI vs. SAF.PA
LDO.MI (Leonardo S.p.A.) and SAF.PA (Safran SA) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, LDO.MI returned 19.15%/yr vs 18.41%/yr for SAF.PA. At a 0.37 correlation, their price movements are largely independent.
Performance
LDO.MI vs. SAF.PA - Performance Comparison
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Returns By Period
In the year-to-date period, LDO.MI achieves a 4.27% return, which is significantly higher than SAF.PA's 2.11% return. Both investments have delivered pretty close results over the past 10 years, with LDO.MI having a 19.15% annualized return and SAF.PA not far behind at 18.41%.
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%
SAF.PA
- 1D
- 2.21%
- 1M
- 6.07%
- YTD
- 2.11%
- 6M
- 2.94%
- 1Y
- 14.29%
- 3Y*
- 31.24%
- 5Y*
- 20.77%
- 10Y*
- 18.41%
LDO.MI vs. SAF.PA - 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% |
SAF.PA Safran SA | 2.11% | 41.80% | 34.36% | 37.72% | 9.15% | -6.83% | -15.76% | 32.58% | 24.67% | 26.88% |
Correlation
The correlation between LDO.MI and SAF.PA is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 1993 | 0.37 |
The correlation between LDO.MI and SAF.PA shifts across timeframes, from 0.37 (all time) to 0.51 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
LDO.MI vs. SAF.PA — Risk / Return Rank
LDO.MI
SAF.PA
LDO.MI vs. SAF.PA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leonardo S.p.A. (LDO.MI) and Safran SA (SAF.PA). 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 | SAF.PA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.51 | ||
| Sortino ratioReturn per unit of downside risk | -0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.11 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.10 | 0.60 | -0.70 |
| Martin ratioReturn relative to average drawdown | -0.21 | 1.65 | -1.86 |
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 | SAF.PA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.06 | 0.45 | -0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.38 | 0.72 | +0.66 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.55 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.39 | -0.20 |
Drawdowns
LDO.MI vs. SAF.PA - Drawdown Comparison
The maximum LDO.MI drawdown since its inception was -90.12%, roughly equal to the maximum SAF.PA drawdown of -92.64%. Use the drawdown chart below to compare losses from any high point for LDO.MI and SAF.PA.
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Drawdown Indicators
| LDO.MI | SAF.PA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.12% | -92.64% | +2.52% |
Max Drawdown (1Y)Largest decline over 1 year | -23.76% | -23.62% | -0.14% |
Max Drawdown (3Y)Largest decline over 3 years | -23.76% | -23.62% | -0.14% |
Max Drawdown (5Y)Largest decline over 5 years | -33.70% | -29.84% | -3.86% |
Max Drawdown (10Y)Largest decline over 10 years | -73.16% | -64.63% | -8.53% |
Current DrawdownCurrent decline from peak | -20.23% | -12.54% | -7.69% |
Average DrawdownAverage peak-to-trough decline | -52.87% | -36.06% | -16.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.58% | 8.66% | +2.92% |
Volatility
LDO.MI vs. SAF.PA - Volatility Comparison
Leonardo S.p.A. (LDO.MI) has a higher volatility of 10.58% compared to Safran SA (SAF.PA) at 10.04%. This indicates that LDO.MI's price experiences larger fluctuations and is considered to be riskier than SAF.PA 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 | SAF.PA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.58% | 10.04% | +0.54% |
Volatility (6M)Calculated over the trailing 6-month period | 29.75% | 27.58% | +2.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.24% | 31.29% | +9.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.63% | 28.32% | +7.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.73% | 33.13% | +4.60% |
Dividends
LDO.MI vs. SAF.PA - Dividend Comparison
LDO.MI's dividend yield for the trailing twelve months is around 1.01%, less than SAF.PA's 1.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% |
SAF.PA Safran SA | 1.12% | 0.98% | 1.04% | 0.85% | 0.43% | 0.40% | 0.00% | 1.32% | 1.53% | 0.97% | 2.15% | 1.96% |
Financials
LDO.MI vs. SAF.PA - Financials Comparison
This section allows you to compare key financial metrics between Leonardo S.p.A. and Safran SA. 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 SAF.PA have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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