MRO.L vs. MTX.DE
MRO.L (Melrose Industries plc) and MTX.DE (MTU Aero Engines AG) are both stocks. Both are in the Industrials sector — MRO.L in Specialty Industrial Machinery, MTX.DE in Aerospace & Defense. Over the past 10 years, MRO.L returned 10.86%/yr vs 16.42%/yr for MTX.DE. At a 0.42 correlation, their price movements are largely independent.
Performance
MRO.L vs. MTX.DE - Performance Comparison
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Different Trading Currencies
MRO.L is traded in GBp, while MTX.DE is traded in EUR. To make them comparable, the MTX.DE 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 MTX.DE's -15.14% return. Over the past 10 years, MRO.L has underperformed MTX.DE with an annualized return of 10.86%, while MTX.DE has yielded a comparatively higher 16.42% 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%
MTX.DE
- 1D
- 2.32%
- 1M
- -1.39%
- YTD
- -15.14%
- 6M
- -15.22%
- 1Y
- -12.16%
- 3Y*
- 12.47%
- 5Y*
- 8.96%
- 10Y*
- 16.42%
MRO.L vs. MTX.DE - 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% |
MTX.DE MTU Aero Engines AG | -15.14% | 16.87% | 59.10% | -4.02% | 20.21% | -21.35% | -9.02% | 54.53% | 9.35% | 43.92% |
Correlation
The correlation between MRO.L and MTX.DE is 0.63, 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 | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2007 | 0.42 |
Over the past year, MRO.L and MTX.DE have become more correlated (0.63) than their long-term average of 0.42, meaning their price movements have been converging.
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Return for Risk
MRO.L vs. MTX.DE — Risk / Return Rank
MRO.L
MTX.DE
MRO.L vs. MTX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Melrose Industries plc (MRO.L) and MTU Aero Engines AG (MTX.DE). 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 | MTX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.37 | ||
| Sortino ratioReturn per unit of downside risk | +0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 0.96 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.01 | -0.40 | +0.38 |
| Martin ratioReturn relative to average drawdown | -0.03 | -0.97 | +0.94 |
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 | MTX.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.01 | -0.38 | +0.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.11 | 0.29 | -0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.24 | 0.48 | -0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.38 | +0.14 |
Drawdowns
MRO.L vs. MTX.DE - Drawdown Comparison
The maximum MRO.L drawdown since its inception was -70.66%, roughly equal to the maximum MTX.DE drawdown of -69.20%. Use the drawdown chart below to compare losses from any high point for MRO.L and MTX.DE.
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Drawdown Indicators
| MRO.L | MTX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.66% | -69.20% | -1.46% |
Max Drawdown (1Y)Largest decline over 1 year | -33.02% | -31.49% | -1.53% |
Max Drawdown (3Y)Largest decline over 3 years | -42.82% | -31.86% | -10.96% |
Max Drawdown (5Y)Largest decline over 5 years | -50.87% | -34.34% | -16.53% |
Max Drawdown (10Y)Largest decline over 10 years | -70.66% | -61.49% | -9.17% |
Current DrawdownCurrent decline from peak | -31.96% | -25.14% | -6.82% |
Average DrawdownAverage peak-to-trough decline | -19.52% | -15.35% | -4.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.93% | 12.84% | +1.09% |
Volatility
MRO.L vs. MTX.DE - Volatility Comparison
The current volatility for Melrose Industries plc (MRO.L) is 10.26%, while MTU Aero Engines AG (MTX.DE) has a volatility of 12.77%. This indicates that MRO.L experiences smaller price fluctuations and is considered to be less risky than MTX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MRO.L | MTX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.26% | 12.77% | -2.51% |
Volatility (6M)Calculated over the trailing 6-month period | 28.19% | 28.11% | +0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.14% | 32.99% | +1.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.76% | 30.92% | +8.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.26% | 33.96% | +11.30% |
Dividends
MRO.L vs. MTX.DE - Dividend Comparison
MRO.L's dividend yield for the trailing twelve months is around 1.57%, more than MTX.DE's 1.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
MTX.DE MTU Aero Engines AG | 1.20% | 0.62% | 0.62% | 1.64% | 1.04% | 0.70% | 1.61% | 1.12% | 1.45% | 1.27% | 1.55% | 1.61% |
Financials
MRO.L vs. MTX.DE - Financials Comparison
This section allows you to compare key financial metrics between Melrose Industries plc and MTU Aero Engines AG. 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 MTX.DE have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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