MTX.DE vs. AVON.L
MTX.DE (MTU Aero Engines AG) and AVON.L (Avon Protection plc) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, MTX.DE returned 15.30%/yr vs 7.39%/yr for AVON.L. At a 0.17 correlation, their price movements are largely independent.
Performance
MTX.DE vs. AVON.L - Performance Comparison
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Different Trading Currencies
MTX.DE is traded in EUR, while AVON.L is traded in GBp. To make them comparable, the AVON.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, MTX.DE achieves a -14.42% return, which is significantly lower than AVON.L's -6.49% return. Over the past 10 years, MTX.DE has outperformed AVON.L with an annualized return of 15.30%, while AVON.L has yielded a comparatively lower 7.39% annualized return.
MTX.DE
- 1D
- 2.24%
- 1M
- -1.44%
- YTD
- -14.42%
- 6M
- -13.38%
- 1Y
- -14.47%
- 3Y*
- 12.32%
- 5Y*
- 8.81%
- 10Y*
- 15.30%
AVON.L
- 1D
- 0.42%
- 1M
- 0.36%
- YTD
- -6.49%
- 6M
- -5.38%
- 1Y
- -7.28%
- 3Y*
- 24.96%
- 5Y*
- -7.51%
- 10Y*
- 7.39%
MTX.DE vs. AVON.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MTX.DE MTU Aero Engines AG | -14.42% | 11.09% | 66.35% | -2.07% | 13.97% | -15.38% | -13.88% | 63.01% | 7.83% | 38.02% |
AVON.L Avon Protection plc | -6.49% | 18.31% | 84.63% | -15.42% | -6.02% | -61.92% | 44.31% | 80.13% | 2.35% | 13.66% |
Correlation
The correlation between MTX.DE and AVON.L is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Aug 31, 2007 | 0.17 |
The correlation between MTX.DE and AVON.L shifts across timeframes, from 0.17 (all time) to 0.35 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
MTX.DE vs. AVON.L — Risk / Return Rank
MTX.DE
AVON.L
MTX.DE vs. AVON.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MTU Aero Engines AG (MTX.DE) and Avon Protection plc (AVON.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.
| MTX.DE | AVON.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.18 | ||
| Sortino ratioReturn per unit of downside risk | -0.25 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 0.98 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | -0.25 | -0.22 |
| Martin ratioReturn relative to average drawdown | -1.16 | -0.50 | -0.66 |
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
| MTX.DE | AVON.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.44 | -0.26 | -0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | -0.15 | +0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.17 | +0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.32 | +0.12 |
Drawdowns
MTX.DE vs. AVON.L - Drawdown Comparison
The maximum MTX.DE drawdown since its inception was -73.91%, smaller than the maximum AVON.L drawdown of -88.78%. Use the drawdown chart below to compare losses from any high point for MTX.DE and AVON.L.
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Drawdown Indicators
| MTX.DE | AVON.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.91% | -88.78% | +14.87% |
Max Drawdown (1Y)Largest decline over 1 year | -31.29% | -29.19% | -2.10% |
Max Drawdown (3Y)Largest decline over 3 years | -32.52% | -33.27% | +0.75% |
Max Drawdown (5Y)Largest decline over 5 years | -33.13% | -78.64% | +45.51% |
Max Drawdown (10Y)Largest decline over 10 years | -62.85% | -85.44% | +22.59% |
Current DrawdownCurrent decline from peak | -24.37% | -57.44% | +33.07% |
Average DrawdownAverage peak-to-trough decline | -15.71% | -32.42% | +16.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.70% | 14.47% | -1.77% |
Volatility
MTX.DE vs. AVON.L - Volatility Comparison
MTU Aero Engines AG (MTX.DE) has a higher volatility of 13.02% compared to Avon Protection plc (AVON.L) at 10.47%. This indicates that MTX.DE's price experiences larger fluctuations and is considered to be riskier than AVON.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MTX.DE | AVON.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.02% | 10.47% | +2.55% |
Volatility (6M)Calculated over the trailing 6-month period | 28.29% | 20.74% | +7.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.32% | 27.66% | +5.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.09% | 49.14% | -18.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.41% | 43.07% | -8.66% |
Dividends
MTX.DE vs. AVON.L - Dividend Comparison
MTX.DE's dividend yield for the trailing twelve months is around 1.20%, more than AVON.L's 1.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVON.L Avon Protection plc | 1.09% | 1.03% | 1.21% | 4.92% | 3.42% | 2.53% | 0.72% | 0.84% | 1.08% | 0.86% | 0.77% | 0.62% |
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
MTX.DE vs. AVON.L - Financials Comparison
This section allows you to compare key financial metrics between MTU Aero Engines AG and Avon Protection 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
Frequently Asked Questions
MTX.DE and AVON.L have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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