MRO.L vs. LDO.MI
MRO.L (Melrose Industries plc) and LDO.MI (Leonardo S.p.A.) are both stocks. Both are in the Industrials sector — MRO.L in Specialty Industrial Machinery, LDO.MI in Aerospace & Defense. Over the past 10 years, MRO.L returned 10.86%/yr vs 20.31%/yr for LDO.MI. At a 0.32 correlation, their price movements are largely independent.
Performance
MRO.L vs. LDO.MI - Performance Comparison
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Different Trading Currencies
MRO.L is traded in GBp, while LDO.MI is traded in EUR. To make them comparable, the LDO.MI values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, MRO.L achieves a -21.16% return, which is significantly lower than LDO.MI's 3.40% return. Over the past 10 years, MRO.L has underperformed LDO.MI with an annualized return of 10.86%, while LDO.MI has yielded a comparatively higher 20.31% annualized return.
MRO.L
- 1D
- -1.67%
- 1M
- -10.13%
- YTD
- -21.16%
- 6M
- -20.10%
- 1Y
- -0.43%
- 3Y*
- -3.20%
- 5Y*
- 4.41%
- 10Y*
- 10.86%
LDO.MI
- 1D
- 0.84%
- 1M
- -3.52%
- YTD
- 3.40%
- 6M
- 7.55%
- 1Y
- 1.16%
- 3Y*
- 72.31%
- 5Y*
- 49.98%
- 10Y*
- 20.31%
MRO.L vs. LDO.MI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MRO.L Melrose Industries plc | -21.16% | 7.50% | -1.49% | 102.51% | -15.46% | -19.88% | -25.38% | 48.20% | -22.05% | 8.06% |
LDO.MI Leonardo S.p.A. | 3.40% | 101.68% | 68.15% | 83.89% | 36.92% | -0.92% | -38.92% | 30.85% | -20.28% | -21.74% |
Correlation
The correlation between MRO.L and LDO.MI is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2007 | 0.32 |
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Return for Risk
MRO.L vs. LDO.MI — Risk / Return Rank
MRO.L
LDO.MI
MRO.L vs. LDO.MI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Melrose Industries plc (MRO.L) and Leonardo S.p.A. (LDO.MI). 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.
| MRO.L | LDO.MI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.04 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.01 | 0.01 | -0.02 |
| Martin ratioReturn relative to average drawdown | -0.03 | 0.01 | -0.04 |
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
| MRO.L | LDO.MI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.01 | 0.00 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.11 | 1.40 | -1.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.24 | 0.54 | -0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.20 | +0.32 |
Drawdowns
MRO.L vs. LDO.MI - Drawdown Comparison
The maximum MRO.L drawdown since its inception was -70.66%, smaller than the maximum LDO.MI drawdown of -84.72%. Use the drawdown chart below to compare losses from any high point for MRO.L and LDO.MI.
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Drawdown Indicators
| MRO.L | LDO.MI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.66% | -84.72% | +14.06% |
Max Drawdown (1Y)Largest decline over 1 year | -33.02% | -22.93% | -10.09% |
Max Drawdown (3Y)Largest decline over 3 years | -42.82% | -22.93% | -19.89% |
Max Drawdown (5Y)Largest decline over 5 years | -50.87% | -32.18% | -18.69% |
Max Drawdown (10Y)Largest decline over 10 years | -70.66% | -72.53% | +1.87% |
Current DrawdownCurrent decline from peak | -31.96% | -20.05% | -11.91% |
Average DrawdownAverage peak-to-trough decline | -19.52% | -38.69% | +19.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.93% | 10.72% | +3.21% |
Volatility
MRO.L vs. LDO.MI - Volatility Comparison
Melrose Industries plc (MRO.L) and Leonardo S.p.A. (LDO.MI) have volatilities of 10.26% and 10.46%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MRO.L | LDO.MI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.26% | 10.46% | -0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 28.19% | 29.48% | -1.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.14% | 41.02% | -6.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.76% | 35.45% | +4.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.26% | 37.15% | +8.11% |
Dividends
MRO.L vs. LDO.MI - Dividend Comparison
MRO.L's dividend yield for the trailing twelve months is around 1.57%, more than LDO.MI's 1.01% 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% |
MRO.L Melrose Industries plc | 1.57% | 1.09% | 0.99% | 0.53% | 0.45% | 0.34% | 0.27% | 0.93% | 1.25% | 0.73% | 0.95% | 6.95% |
Financials
MRO.L vs. LDO.MI - Financials Comparison
This section allows you to compare key financial metrics between Melrose Industries plc and Leonardo S.p.A.. 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
MRO.L and LDO.MI have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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