SAF.PA vs. KEN
SAF.PA (Safran SA) and KEN (Kenon Holdings Ltd.) are both stocks. SAF.PA operates in Aerospace & Defense (Industrials), while KEN operates in Utilities - Regulated Electric (Utilities). Over the past 10 years, SAF.PA returned 19.52%/yr vs 41.43%/yr for KEN. At a 0.17 correlation, their price movements are largely independent.
Performance
SAF.PA vs. KEN - Performance Comparison
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Different Trading Currencies
SAF.PA is traded in EUR, while KEN is traded in USD. To make them comparable, the KEN values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, SAF.PA achieves a 4.08% return, which is significantly lower than KEN's 16.02% return. Over the past 10 years, SAF.PA has underperformed KEN with an annualized return of 19.52%, while KEN has yielded a comparatively higher 41.43% annualized return.
SAF.PA
- 1D
- 3.66%
- 1M
- 9.96%
- YTD
- 4.08%
- 6M
- 6.26%
- 1Y
- 19.93%
- 3Y*
- 31.43%
- 5Y*
- 21.02%
- 10Y*
- 19.52%
KEN
- 1D
- 0.62%
- 1M
- -19.00%
- YTD
- 16.02%
- 6M
- 25.45%
- 1Y
- 116.30%
- 3Y*
- 54.36%
- 5Y*
- 33.05%
- 10Y*
- 41.43%
SAF.PA vs. KEN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SAF.PA Safran SA | 4.08% | 41.80% | 34.36% | 37.72% | 9.15% | -6.83% | -15.76% | 32.58% | 24.66% | 26.88% |
KEN Kenon Holdings Ltd. | 16.02% | 99.34% | 73.16% | -21.58% | -19.00% | 108.14% | 44.21% | 54.14% | 28.84% | 63.04% |
Correlation
The correlation between SAF.PA and KEN is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jan 14, 2015 | 0.17 |
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Return for Risk
SAF.PA vs. KEN — Risk / Return Rank
SAF.PA
KEN
SAF.PA vs. KEN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Safran SA (SAF.PA) and Kenon Holdings Ltd. (KEN). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SAF.PA | KEN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.37 | ||
| Sortino ratioReturn per unit of downside risk | -2.23 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.44 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | 0.83 | 4.60 | -3.77 |
| Martin ratioReturn relative to average drawdown | 2.22 | 17.69 | -15.47 |
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Drawdowns
SAF.PA vs. KEN - Drawdown Comparison
The maximum SAF.PA drawdown since its inception was -64.89%, roughly equal to the maximum KEN drawdown of -67.90%. Use the drawdown chart below to compare losses from any high point for SAF.PA and KEN.
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Drawdown Indicators
| SAF.PA | KEN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.89% | -67.90% | +3.01% |
Max Drawdown (1Y)Largest decline over 1 year | -23.62% | -25.41% | +1.79% |
Max Drawdown (3Y)Largest decline over 3 years | -23.62% | -29.55% | +5.93% |
Max Drawdown (5Y)Largest decline over 5 years | -29.84% | -67.90% | +38.06% |
Max Drawdown (10Y)Largest decline over 10 years | -64.63% | -67.90% | +3.27% |
Current DrawdownCurrent decline from peak | -10.85% | -23.35% | +12.50% |
Average DrawdownAverage peak-to-trough decline | -13.50% | -22.63% | +9.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.90% | 6.60% | +2.30% |
Volatility
SAF.PA vs. KEN - Volatility Comparison
The current volatility for Safran SA (SAF.PA) is 10.23%, while Kenon Holdings Ltd. (KEN) has a volatility of 14.36%. This indicates that SAF.PA experiences smaller price fluctuations and is considered to be less risky than KEN 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 | KEN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.23% | 14.36% | -4.13% |
Volatility (6M)Calculated over the trailing 6-month period | 27.80% | 30.10% | -2.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.51% | 39.19% | -7.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.37% | 38.99% | -10.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.13% | 41.85% | -8.72% |
Dividends
SAF.PA vs. KEN - Dividend Comparison
SAF.PA's dividend yield for the trailing twelve months is around 1.09%, less than KEN's 5.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KEN Kenon Holdings Ltd. | 5.31% | 7.24% | 11.18% | 11.46% | 25.00% | 7.35% | 7.41% | 5.75% | 96.34% | 0.00% | 0.00% | 45.52% |
SAF.PA Safran SA | 1.09% | 0.98% | 1.04% | 0.85% | 0.43% | 0.40% | 0.00% | 1.32% | 1.52% | 0.97% | 2.15% | 1.96% |
Financials
SAF.PA vs. KEN - Financials Comparison
This section allows you to compare key financial metrics between Safran SA and Kenon Holdings Ltd.. 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 KEN have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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