MA vs. BA.L
MA (Mastercard Incorporated) and BA.L (BAE Systems plc) are both stocks. MA operates in Credit Services (Financial Services), while BA.L operates in Aerospace & Defense (Industrials). Over the past 10 years, MA returned 18.76%/yr vs 17.41%/yr for BA.L. At a 0.22 correlation, their price movements are largely independent.
Performance
MA vs. BA.L - Performance Comparison
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Different Trading Currencies
MA is traded in USD, while BA.L is traded in GBp. To make them comparable, the BA.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, MA achieves a -13.78% return, which is significantly lower than BA.L's 7.04% return. Over the past 10 years, MA has outperformed BA.L with an annualized return of 18.76%, while BA.L has yielded a comparatively lower 17.41% annualized return.
MA
- 1D
- 0.13%
- 1M
- -0.72%
- YTD
- -13.78%
- 6M
- -13.51%
- 1Y
- -12.19%
- 3Y*
- 9.87%
- 5Y*
- 6.78%
- 10Y*
- 18.76%
BA.L
- 1D
- -4.60%
- 1M
- -0.92%
- YTD
- 7.04%
- 6M
- 9.01%
- 1Y
- -5.43%
- 3Y*
- 28.02%
- 5Y*
- 29.69%
- 10Y*
- 17.41%
MA vs. BA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MA Mastercard Incorporated | -13.78% | 9.04% | 24.17% | 23.40% | -2.66% | 1.16% | 20.19% | 59.16% | 25.31% | 47.69% |
BA.L BAE Systems plc | 7.04% | 63.60% | 4.12% | 40.34% | 43.72% | 16.51% | -6.51% | 33.58% | -21.46% | 9.84% |
Correlation
The correlation between MA and BA.L is -0.08, 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 | -0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2007 | 0.22 |
The correlation between MA and BA.L shifts across timeframes, from -0.08 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.
Fundamentals
MA:
$438.14B
BA.L:
£55.23B
MA:
$17.28
BA.L:
£1.33
MA:
28.40
BA.L:
13.73
MA:
1.66
BA.L:
2.19
MA:
13.03
BA.L:
1.01
MA:
65.18
BA.L:
4.69
MA:
$33.94B
BA.L:
£54.65B
MA:
$26.70B
BA.L:
£4.75B
MA:
$21.23B
BA.L:
£7.55B
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Return for Risk
MA vs. BA.L — Risk / Return Rank
MA
BA.L
MA vs. BA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mastercard Incorporated (MA) and BAE Systems plc (BA.L). 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.
| MA | BA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.62 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.00 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.58 | -0.24 | -0.35 |
| Martin ratioReturn relative to average drawdown | -1.18 | -0.54 | -0.64 |
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Drawdowns
MA vs. BA.L - Drawdown Comparison
The maximum MA drawdown since its inception was -62.67%, which is greater than BA.L's maximum drawdown of -57.18%. Use the drawdown chart below to compare losses from any high point for MA and BA.L.
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Drawdown Indicators
| MA | BA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.67% | -57.18% | -5.49% |
Max Drawdown (1Y)Largest decline over 1 year | -20.91% | -22.64% | +1.73% |
Max Drawdown (3Y)Largest decline over 3 years | -20.91% | -22.64% | +1.73% |
Max Drawdown (5Y)Largest decline over 5 years | -28.25% | -22.64% | -5.61% |
Max Drawdown (10Y)Largest decline over 10 years | -41.00% | -41.57% | +0.57% |
Current DrawdownCurrent decline from peak | -17.71% | -20.70% | +2.99% |
Average DrawdownAverage peak-to-trough decline | -9.83% | -18.54% | +8.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.38% | 10.01% | +0.37% |
Volatility
MA vs. BA.L - Volatility Comparison
The current volatility for Mastercard Incorporated (MA) is 6.46%, while BAE Systems plc (BA.L) has a volatility of 10.17%. This indicates that MA experiences smaller price fluctuations and is considered to be less risky than BA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MA | BA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.46% | 10.17% | -3.71% |
Volatility (6M)Calculated over the trailing 6-month period | 16.91% | 24.69% | -7.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.90% | 31.12% | -9.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.02% | 27.16% | -3.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.93% | 26.88% | +0.05% |
Dividends
MA vs. BA.L - Dividend Comparison
MA's dividend yield for the trailing twelve months is around 0.66%, less than BA.L's 1.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BA.L BAE Systems plc | 1.99% | 1.99% | 2.69% | 2.53% | 2.99% | 4.40% | 4.75% | 4.00% | 4.79% | 3.75% | 3.57% | 4.14% |
MA Mastercard Incorporated | 0.66% | 0.53% | 0.50% | 0.53% | 0.56% | 0.49% | 0.45% | 0.44% | 0.53% | 0.58% | 0.74% | 0.66% |
Financials
MA vs. BA.L - Financials Comparison
This section allows you to compare key financial metrics between Mastercard Incorporated and BAE Systems 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
MA vs. BA.L - Profitability Comparison
MA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mastercard Incorporated reported a gross profit of 4.91B and revenue of 8.40B. Therefore, the gross margin over that period was 58.4%.
BA.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, BAE Systems plc reported a gross profit of 1.35B and revenue of 14.77B. Therefore, the gross margin over that period was 9.2%.
MA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mastercard Incorporated reported an operating income of 4.91B and revenue of 8.40B, resulting in an operating margin of 58.4%.
BA.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, BAE Systems plc reported an operating income of 1.35B and revenue of 14.77B, resulting in an operating margin of 9.2%.
MA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mastercard Incorporated reported a net income of 3.88B and revenue of 8.40B, resulting in a net margin of 46.2%.
BA.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, BAE Systems plc reported a net income of 1.09B and revenue of 14.77B, resulting in a net margin of 7.4%.
Frequently Asked Questions
MA and BA.L have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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