RR.L vs. LDO.MI
RR.L (Rolls-Royce Holdings PLC) and LDO.MI (Leonardo S.p.A.) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, RR.L returned 20.45%/yr vs 20.31%/yr for LDO.MI. At a 0.37 correlation, their price movements are largely independent.
Performance
RR.L vs. LDO.MI - Performance Comparison
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Different Trading Currencies
RR.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, RR.L achieves a 9.96% return, which is significantly higher than LDO.MI's 3.40% return. Both investments have delivered pretty close results over the past 10 years, with RR.L having a 20.45% annualized return and LDO.MI not far behind at 20.31%.
RR.L
- 1D
- -0.08%
- 1M
- 3.21%
- YTD
- 9.96%
- 6M
- 14.23%
- 1Y
- 43.48%
- 3Y*
- 104.71%
- 5Y*
- 62.63%
- 10Y*
- 20.45%
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%
RR.L vs. LDO.MI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RR.L Rolls-Royce Holdings PLC | 9.96% | 104.79% | 89.72% | 221.57% | -24.15% | 10.45% | -52.55% | -16.52% | -0.63% | 27.42% |
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 RR.L and LDO.MI is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2007 | 0.37 |
The correlation between RR.L and LDO.MI shifts across timeframes, from 0.37 (all time) to 0.50 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
RR.L vs. LDO.MI — Risk / Return Rank
RR.L
LDO.MI
RR.L vs. LDO.MI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rolls-Royce Holdings PLC (RR.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.
| RR.L | LDO.MI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.20 | ||
| Sortino ratioReturn per unit of downside risk | +1.59 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.04 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 2.27 | 0.01 | +2.27 |
| Martin ratioReturn relative to average drawdown | 6.34 | 0.01 | +6.33 |
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
| RR.L | LDO.MI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.21 | 0.00 | +1.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.49 | 1.40 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | 0.54 | -0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.20 | +0.09 |
Drawdowns
RR.L vs. LDO.MI - Drawdown Comparison
The maximum RR.L drawdown since its inception was -90.25%, which is greater than LDO.MI's maximum drawdown of -84.72%. Use the drawdown chart below to compare losses from any high point for RR.L and LDO.MI.
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Drawdown Indicators
| RR.L | LDO.MI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.25% | -84.72% | -5.53% |
Max Drawdown (1Y)Largest decline over 1 year | -19.04% | -22.93% | +3.89% |
Max Drawdown (3Y)Largest decline over 3 years | -21.78% | -22.93% | +1.15% |
Max Drawdown (5Y)Largest decline over 5 years | -55.09% | -32.18% | -22.91% |
Max Drawdown (10Y)Largest decline over 10 years | -89.41% | -72.53% | -16.88% |
Current DrawdownCurrent decline from peak | -7.22% | -20.05% | +12.83% |
Average DrawdownAverage peak-to-trough decline | -28.29% | -38.69% | +10.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.84% | 10.72% | -3.88% |
Volatility
RR.L vs. LDO.MI - Volatility Comparison
Rolls-Royce Holdings PLC (RR.L) has a higher volatility of 11.59% compared to Leonardo S.p.A. (LDO.MI) at 10.46%. This indicates that RR.L's price experiences larger fluctuations and is considered to be riskier than LDO.MI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RR.L | LDO.MI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.59% | 10.46% | +1.13% |
Volatility (6M)Calculated over the trailing 6-month period | 30.80% | 29.48% | +1.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.96% | 41.02% | -5.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.02% | 35.45% | +6.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.59% | 37.15% | +11.44% |
Dividends
RR.L vs. LDO.MI - Dividend Comparison
RR.L's dividend yield for the trailing twelve months is around 0.75%, less 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% |
RR.L Rolls-Royce Holdings PLC | 0.75% | 0.91% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.71% | 1.41% | 0.54% | 1.75% | 4.06% |
Financials
RR.L vs. LDO.MI - Financials Comparison
This section allows you to compare key financial metrics between Rolls-Royce Holdings 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
RR.L and LDO.MI have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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