SAF.PA vs. AIR.PA
SAF.PA (Safran SA) and AIR.PA (Airbus SE) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, SAF.PA returned 18.08%/yr vs 13.71%/yr for AIR.PA. A 0.55 correlation means they provide meaningful diversification when combined.
Performance
SAF.PA vs. AIR.PA - Performance Comparison
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Returns By Period
In the year-to-date period, SAF.PA achieves a -0.10% return, which is significantly higher than AIR.PA's -13.09% return. Over the past 10 years, SAF.PA has outperformed AIR.PA with an annualized return of 18.08%, while AIR.PA has yielded a comparatively lower 13.71% annualized return.
SAF.PA
- 1D
- -1.41%
- 1M
- 12.03%
- YTD
- -0.10%
- 6M
- 0.14%
- 1Y
- 12.11%
- 3Y*
- 29.72%
- 5Y*
- 20.25%
- 10Y*
- 18.08%
AIR.PA
- 1D
- -1.96%
- 1M
- -3.91%
- YTD
- -13.09%
- 6M
- -12.97%
- 1Y
- 3.60%
- 3Y*
- 11.57%
- 5Y*
- 10.78%
- 10Y*
- 13.71%
SAF.PA vs. AIR.PA - Yearly Performance Comparison
Correlation
The correlation between SAF.PA and AIR.PA is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2000 | 0.55 |
The correlation between SAF.PA and AIR.PA shifts across timeframes, from 0.55 (all time) to 0.75 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SAF.PA vs. AIR.PA — Risk / Return Rank
SAF.PA
AIR.PA
SAF.PA vs. AIR.PA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Safran SA (SAF.PA) and Airbus SE (AIR.PA). 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.
| SAF.PA | AIR.PA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.26 | ||
| Sortino ratioReturn per unit of downside risk | +0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.05 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.51 | 0.13 | +0.38 |
| Martin ratioReturn relative to average drawdown | 1.39 | 0.29 | +1.10 |
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
| SAF.PA | AIR.PA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.38 | 0.13 | +0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | 0.37 | +0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | 0.39 | +0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.29 | +0.10 |
Drawdowns
SAF.PA vs. AIR.PA - Drawdown Comparison
The maximum SAF.PA drawdown since its inception was -92.64%, which is greater than AIR.PA's maximum drawdown of -75.05%. Use the drawdown chart below to compare losses from any high point for SAF.PA and AIR.PA.
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Drawdown Indicators
| SAF.PA | AIR.PA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.64% | -75.05% | -17.59% |
Max Drawdown (1Y)Largest decline over 1 year | -23.62% | -27.71% | +4.09% |
Max Drawdown (3Y)Largest decline over 3 years | -23.62% | -27.71% | +4.09% |
Max Drawdown (5Y)Largest decline over 5 years | -29.84% | -27.71% | -2.13% |
Max Drawdown (10Y)Largest decline over 10 years | -64.63% | -64.70% | +0.07% |
Current DrawdownCurrent decline from peak | -14.43% | -21.69% | +7.26% |
Average DrawdownAverage peak-to-trough decline | -36.06% | -22.55% | -13.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.63% | 12.21% | -3.58% |
Volatility
SAF.PA vs. AIR.PA - Volatility Comparison
Safran SA (SAF.PA) has a higher volatility of 13.02% compared to Airbus SE (AIR.PA) at 11.62%. This indicates that SAF.PA's price experiences larger fluctuations and is considered to be riskier than AIR.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SAF.PA | AIR.PA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.02% | 11.62% | +1.40% |
Volatility (6M)Calculated over the trailing 6-month period | 27.53% | 23.27% | +4.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.24% | 28.25% | +2.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.31% | 28.58% | -0.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.13% | 34.68% | -1.55% |
Dividends
SAF.PA vs. AIR.PA - Dividend Comparison
SAF.PA's dividend yield for the trailing twelve months is around 1.14%, less than AIR.PA's 1.89% yield.
Financials
SAF.PA vs. AIR.PA - Financials Comparison
This section allows you to compare key financial metrics between Safran SA and Airbus SE. 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
SAF.PA and AIR.PA have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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