ML.PA vs. STLAP.PA
ML.PA (Compagnie Générale des Établissements Michelin Société en commandite par actions) and STLAP.PA (Stellantis NV) are both stocks. Both are in the Consumer Cyclical sector — ML.PA in Auto Parts, STLAP.PA in Auto Manufacturers. Over the past 10 years, ML.PA returned 6.71%/yr vs -3.39%/yr for STLAP.PA. A 0.57 correlation means they provide meaningful diversification when combined.
Performance
ML.PA vs. STLAP.PA - Performance Comparison
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Returns By Period
In the year-to-date period, ML.PA achieves a 17.03% return, which is significantly higher than STLAP.PA's -32.34% return. Over the past 10 years, ML.PA has outperformed STLAP.PA with an annualized return of 6.71%, while STLAP.PA has yielded a comparatively lower -3.39% annualized return.
ML.PA
- 1D
- -0.50%
- 1M
- 7.43%
- YTD
- 17.03%
- 6M
- 17.53%
- 1Y
- 0.80%
- 3Y*
- 9.24%
- 5Y*
- 3.56%
- 10Y*
- 6.71%
STLAP.PA
- 1D
- -4.04%
- 1M
- 3.70%
- YTD
- -32.34%
- 6M
- -35.26%
- 1Y
- -27.24%
- 3Y*
- -20.58%
- 5Y*
- -12.64%
- 10Y*
- -3.39%
ML.PA vs. STLAP.PA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ML.PA Compagnie Générale des Établissements Michelin Société en commandite par actions | 17.03% | -7.35% | 1.60% | 30.63% | -25.10% | 39.93% | -1.67% | 30.30% | -25.27% | 16.32% |
STLAP.PA Stellantis NV | -32.34% | -19.01% | -36.12% | 73.96% | -14.09% | -15.93% | 5.02% | 14.24% | 9.97% | 9.42% |
Correlation
The correlation between ML.PA and STLAP.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 | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jul 3, 2001 | 0.57 |
The correlation between ML.PA and STLAP.PA shifts across timeframes, from 0.46 (3 years) to 0.57 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ML.PA vs. STLAP.PA — Risk / Return Rank
ML.PA
STLAP.PA
ML.PA vs. STLAP.PA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Compagnie Générale des Établissements Michelin Société en commandite par actions (ML.PA) and Stellantis NV (STLAP.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.
| ML.PA | STLAP.PA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.57 | ||
| Sortino ratioReturn per unit of downside risk | +0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 0.94 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.04 | -0.57 | +0.61 |
| Martin ratioReturn relative to average drawdown | 0.08 | -1.15 | +1.23 |
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
| ML.PA | STLAP.PA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.03 | -0.53 | +0.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | -0.33 | +0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.26 | -0.08 | +0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | -0.16 | +0.32 |
Drawdowns
ML.PA vs. STLAP.PA - Drawdown Comparison
The maximum ML.PA drawdown since its inception was -80.97%, smaller than the maximum STLAP.PA drawdown of -93.21%. Use the drawdown chart below to compare losses from any high point for ML.PA and STLAP.PA.
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Drawdown Indicators
| ML.PA | STLAP.PA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.97% | -93.21% | +12.24% |
Max Drawdown (1Y)Largest decline over 1 year | -21.00% | -46.94% | +25.94% |
Max Drawdown (3Y)Largest decline over 3 years | -29.18% | -76.32% | +47.14% |
Max Drawdown (5Y)Largest decline over 5 years | -40.23% | -76.32% | +36.09% |
Max Drawdown (10Y)Largest decline over 10 years | -41.81% | -76.32% | +34.51% |
Current DrawdownCurrent decline from peak | -10.14% | -84.81% | +74.67% |
Average DrawdownAverage peak-to-trough decline | -27.13% | -58.45% | +31.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.97% | 23.49% | -13.52% |
Volatility
ML.PA vs. STLAP.PA - Volatility Comparison
The current volatility for Compagnie Générale des Établissements Michelin Société en commandite par actions (ML.PA) is 5.45%, while Stellantis NV (STLAP.PA) has a volatility of 11.96%. This indicates that ML.PA experiences smaller price fluctuations and is considered to be less risky than STLAP.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ML.PA | STLAP.PA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.45% | 11.96% | -6.51% |
Volatility (6M)Calculated over the trailing 6-month period | 16.56% | 41.78% | -25.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.78% | 50.61% | -27.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.86% | 38.08% | -14.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.42% | 39.64% | -14.22% |
Dividends
ML.PA vs. STLAP.PA - Dividend Comparison
ML.PA's dividend yield for the trailing twelve months is around 4.35%, while STLAP.PA has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ML.PA Compagnie Générale des Établissements Michelin Société en commandite par actions | 4.35% | 4.87% | 4.25% | 3.85% | 4.33% | 1.60% | 1.91% | 3.39% | 4.09% | 2.72% | 2.70% | 2.84% |
STLAP.PA Stellantis NV | 0.00% | 7.23% | 12.26% | 6.34% | 7.84% | 14.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ML.PA vs. STLAP.PA - Financials Comparison
This section allows you to compare key financial metrics between Compagnie Générale des Établissements Michelin Société en commandite par actions and Stellantis NV. 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
ML.PA and STLAP.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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