MTUAY vs. ESE

Last updated Jun 4, 2026

MTUAY (MTU Aero Engines AG) and ESE (ESCO Technologies Inc.) are both stocks. MTUAY operates in Aerospace & Defense (Industrials), while ESE operates in Scientific & Technical Instruments (Technology). Over the past 10 years, MTUAY returned 15.13%/yr vs 22.40%/yr for ESE. At a 0.21 correlation, their price movements are largely independent.

Performance

MTUAY vs. ESE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MTU Aero Engines AG (MTUAY) and ESCO Technologies Inc. (ESE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MTUAY achieves a -17.22% return, which is significantly lower than ESE's 51.30% return. Over the past 10 years, MTUAY has underperformed ESE with an annualized return of 15.13%, while ESE has yielded a comparatively higher 22.40% annualized return.

MTUAY

• 1D: -2.13%
• 1M: 4.70%
• YTD: -17.22%
• 6M: -14.76%
• 1Y: -15.65%
• 3Y*: 14.18%
• 5Y*: 7.30%
• 10Y*: 15.13%

ESE

• 1D: 1.32%
• 1M: -9.84%
• YTD: 51.30%
• 6M: 46.97%
• 1Y: 63.34%
• 3Y*: 45.80%
• 5Y*: 26.67%
• 10Y*: 22.40%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MTUAY vs. ESE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MTUAY MTU Aero Engines AG	-17.22%	26.67%	54.85%	1.39%	7.65%	-21.51%	-8.19%	63.25%	1.46%	57.35%
ESE ESCO Technologies Inc.	51.30%	46.96%	14.15%	34.13%	-2.30%	-12.59%	12.01%	41.00%	10.04%	6.79%

Correlation

The correlation between MTUAY and ESE is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (10Y) Calculated over the trailing 10-year period	0.26
Correlation (All Time) Calculated using the full available price history since Nov 4, 2008	0.21

Fundamentals

Market Cap MTUAY : $18.47B ESE : $7.65B
EPS MTUAY : $16.10 ESE : $11.89
PE Ratio MTUAY : 10.59 ESE : 24.84
PEG Ratio MTUAY : 0.17 ESE : 0.41
PS Ratio MTUAY : 1.17 ESE : 6.13
PB Ratio MTUAY : 4.28 ESE : 4.77
Total Revenue (TTM) MTUAY : $15.80B ESE : $1.25B
Gross Profit (TTM) MTUAY : $3.02B ESE : $271.43M
EBITDA (TTM) MTUAY : $2.53B ESE : $238.72M

Return for Risk

MTUAY vs. ESE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MTUAY

MTUAY Risk / Return Rank: 20
MTUAY Sharpe Ratio Rank: 21
MTUAY Sortino Ratio Rank: 20
MTUAY Omega Ratio Rank: 21
MTUAY Calmar Ratio Rank: 25
MTUAY Martin Ratio Rank: 15

ESE

ESE Risk / Return Rank: 87
ESE Sharpe Ratio Rank: 88
ESE Sortino Ratio Rank: 85
ESE Omega Ratio Rank: 83
ESE Calmar Ratio Rank: 88
ESE Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MTUAY vs. ESE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MTU Aero Engines AG (MTUAY) and ESCO Technologies Inc. (ESE). 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.

	MTUAY	ESE	Difference
Sharpe ratio Return per unit of total volatility	-0.47	2.07	-2.54
Sortino ratio Return per unit of downside risk	-0.50	2.71	-3.21
Omega ratio Gain probability vs. loss probability	0.94	1.34	-0.40
Calmar ratio Return relative to maximum drawdown	-0.48	4.18	-4.66
Martin ratio Return relative to average drawdown	-1.18	11.55	-12.74
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MTUAY vs. ESE - Sharpe Ratio Comparison

The current MTUAY Sharpe Ratio is -0.47, which is lower than the ESE Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of MTUAY and ESE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MTUAY	ESE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.47	2.07	-2.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	0.88	-0.66
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	0.74	-0.31
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.42	+0.12

Drawdowns

MTUAY vs. ESE - Drawdown Comparison

The maximum MTUAY drawdown since its inception was -64.31%, which is greater than ESE's maximum drawdown of -58.54%. Use the drawdown chart below to compare losses from any high point for MTUAY and ESE.

Drawdown Indicators

	MTUAY	ESE	Difference
Max Drawdown Largest peak-to-trough decline	-64.31%	-58.54%	-5.77%
Max Drawdown (1Y) Largest decline over 1 year	-32.62%	-15.22%	-17.40%
Max Drawdown (3Y) Largest decline over 3 years	-34.69%	-17.52%	-17.17%
Max Drawdown (5Y) Largest decline over 5 years	-43.53%	-36.88%	-6.65%
Max Drawdown (10Y) Largest decline over 10 years	-64.31%	-45.97%	-18.34%
Current Drawdown Current decline from peak	-27.45%	-12.94%	-14.51%
Average Drawdown Average peak-to-trough decline	-12.27%	-20.26%	+7.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.24%	5.50%	+7.74%

Volatility

MTUAY vs. ESE - Volatility Comparison

MTU Aero Engines AG (MTUAY) has a higher volatility of 14.99% compared to ESCO Technologies Inc. (ESE) at 12.35%. This indicates that MTUAY's price experiences larger fluctuations and is considered to be riskier than ESE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MTUAY	ESE	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.99%	12.35%	+2.64%
Volatility (6M) Calculated over the trailing 6-month period	28.07%	25.30%	+2.77%
Volatility (1Y) Calculated over the trailing 1-year period	33.47%	30.74%	+2.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.23%	30.37%	+1.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.65%	30.51%	+5.14%

Dividends

MTUAY vs. ESE - Dividend Comparison

MTUAY's dividend yield for the trailing twelve months is around 1.24%, more than ESE's 0.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ESE ESCO Technologies Inc.	0.11%	0.16%	0.24%	0.27%	0.37%	0.27%	0.31%	0.43%	0.49%	0.40%	0.56%	0.89%
MTUAY MTU Aero Engines AG	1.24%	0.60%	0.66%	1.63%	1.07%	0.73%	1.02%	0.79%	1.11%	1.85%	2.87%	0.00%

Financials

MTUAY vs. ESE - Profitability Comparison

The chart below illustrates the profitability comparison between MTU Aero Engines AG and ESCO Technologies Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MTUAY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MTU Aero Engines AG reported a gross profit of 853.63M and revenue of 4.53B. Therefore, the gross margin over that period was 18.8%.

ESE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ESCO Technologies Inc. reported a gross profit of -119.92M and revenue of 309.34M. Therefore, the gross margin over that period was -38.8%.

MTUAY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MTU Aero Engines AG reported an operating income of 620.37M and revenue of 4.53B, resulting in an operating margin of 13.7%.

ESE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ESCO Technologies Inc. reported an operating income of 23.86M and revenue of 309.34M, resulting in an operating margin of 7.7%.

MTUAY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MTU Aero Engines AG reported a net income of 512.18M and revenue of 4.53B, resulting in a net margin of 11.3%.

ESE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ESCO Technologies Inc. reported a net income of 34.73M and revenue of 309.34M, resulting in a net margin of 11.2%.

Frequently Asked Questions

Can I hold both MTUAY and ESE in my portfolio?

MTUAY and ESE have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MTUAY or ESE?

MTUAY has higher volatility (14.99%) compared to ESE (12.35%). In terms of maximum drawdown, MTUAY dropped -64.31% vs ESE's -58.54%.

Which has better risk-adjusted returns?

ESE currently has the higher Sharpe Ratio (2.07 vs -0.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.