SAFRY vs. THLLY

Last updated Jun 9, 2026

SAFRY (Safran SA) and THLLY (Thales SA ADR) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 5 years, SAFRY returned 18.45%/yr vs 23.13%/yr for THLLY. At a 0.46 correlation, their price movements are largely independent.

Performance

SAFRY vs. THLLY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Safran SA (SAFRY) and Thales SA ADR (THLLY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SAFRY achieves a -1.63% return, which is significantly lower than THLLY's 0.12% return.

SAFRY

• 1D: -1.05%
• 1M: 1.10%
• YTD: -1.63%
• 6M: -1.71%
• 1Y: 12.83%
• 3Y*: 33.61%
• 5Y*: 18.45%
• 10Y*: 18.93%

THLLY

• 1D: 0.17%
• 1M: 0.64%
• YTD: 0.12%
• 6M: 1.02%
• 1Y: -8.84%
• 3Y*: 26.30%
• 5Y*: 23.13%
• 10Y*: —

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

SAFRY vs. THLLY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
SAFRY Safran SA	-1.63%	61.48%	24.75%	42.67%	2.63%	-13.43%	-8.37%	31.49%	-1.32%
THLLY Thales SA ADR	0.12%	92.10%	-1.16%	18.36%	51.26%	-3.68%	-12.42%	-82.02%	-6.66%

Correlation

The correlation between SAFRY and THLLY is 0.55, 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	0.55
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.48
Correlation (All Time) Calculated using the full available price history since Nov 21, 2018	0.46

The correlation between SAFRY and THLLY has been stable across timeframes, ranging from 0.46 to 0.55 - a consistent structural relationship.

Fundamentals

Market Cap SAFRY : $141.47B THLLY : $54.97B
EPS SAFRY : $3.89 THLLY : $2.63
PE Ratio SAFRY : 21.79 THLLY : 20.33
PEG Ratio SAFRY : 0.01 THLLY : 1.60
PS Ratio SAFRY : 2.41 THLLY : 1.29
PB Ratio SAFRY : 9.54 THLLY : 6.90
Total Revenue (TTM) SAFRY : $58.78B THLLY : $42.63B
Gross Profit (TTM) SAFRY : $22.83B THLLY : $11.20B
EBITDA (TTM) SAFRY : $6.39B THLLY : $5.82B

Return for Risk

SAFRY vs. THLLY — Risk / Return Rank

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

SAFRY

SAFRY Risk / Return Rank: 54
SAFRY Sharpe Ratio Rank: 57
SAFRY Sortino Ratio Rank: 52
SAFRY Omega Ratio Rank: 50
SAFRY Calmar Ratio Rank: 54
SAFRY Martin Ratio Rank: 57

THLLY

THLLY Risk / Return Rank: 28
THLLY Sharpe Ratio Rank: 31
THLLY Sortino Ratio Rank: 28
THLLY Omega Ratio Rank: 28
THLLY Calmar Ratio Rank: 28
THLLY Martin Ratio Rank: 26

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.

SAFRY vs. THLLY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Safran SA (SAFRY) and Thales SA ADR (THLLY). 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.

	SAFRY	THLLY	Difference
Sharpe ratio: Return per unit of total volatility	0.40	-0.27	+0.67
Sortino ratio: Return per unit of downside risk	0.84	-0.16	+1.01
Omega ratio: Gain probability vs. loss probability	1.10	0.98	+0.12
Calmar ratio: Return relative to maximum drawdown	0.52	-0.42	+0.95
Martin ratio: Return relative to average drawdown	1.37	-0.85	+2.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SAFRY vs. THLLY - Sharpe Ratio Comparison

The current SAFRY Sharpe Ratio is 0.40, which is higher than the THLLY Sharpe Ratio of -0.27. The chart below compares the historical Sharpe Ratios of SAFRY and THLLY, 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

	SAFRY	THLLY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.40	-0.27	+0.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	0.74	-0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	-0.22	+0.74

Drawdowns

SAFRY vs. THLLY - Drawdown Comparison

The maximum SAFRY drawdown since its inception was -65.58%, smaller than the maximum THLLY drawdown of -90.72%. Use the drawdown chart below to compare losses from any high point for SAFRY and THLLY.

Drawdown Indicators

	SAFRY	THLLY	Difference
Max Drawdown Largest peak-to-trough decline	-65.58%	-90.72%	+25.14%
Max Drawdown (1Y) Largest decline over 1 year	-24.57%	-21.08%	-3.49%
Max Drawdown (3Y) Largest decline over 3 years	-24.57%	-24.17%	-0.40%
Max Drawdown (5Y) Largest decline over 5 years	-41.98%	-26.79%	-15.19%
Max Drawdown (10Y) Largest decline over 10 years	-65.58%	—	—
Current Drawdown Current decline from peak	-16.45%	-51.81%	+35.36%
Average Drawdown Average peak-to-trough decline	-12.25%	-72.69%	+60.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.42%	10.46%	-1.04%

Volatility

SAFRY vs. THLLY - Volatility Comparison

Safran SA (SAFRY) has a higher volatility of 10.83% compared to Thales SA ADR (THLLY) at 8.31%. This indicates that SAFRY's price experiences larger fluctuations and is considered to be riskier than THLLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SAFRY	THLLY	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.83%	8.31%	+2.52%
Volatility (6M) Calculated over the trailing 6-month period	28.62%	24.80%	+3.82%
Volatility (1Y) Calculated over the trailing 1-year period	32.59%	32.99%	-0.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.78%	31.26%	-1.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.32%	46.23%	-10.91%

Dividends

SAFRY vs. THLLY - Dividend Comparison

SAFRY's dividend yield for the trailing twelve months is around 1.16%, less than THLLY's 1.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SAFRY Safran SA	1.16%	0.93%	1.09%	0.83%	0.42%	0.43%	0.00%	1.32%	1.60%	1.60%	4.16%	1.98%
THLLY Thales SA ADR	1.71%	1.58%	2.57%	2.24%	2.24%	2.68%	0.52%	0.63%	0.48%	0.00%	0.00%	0.00%

Financials

SAFRY vs. THLLY - Profitability Comparison

The chart below illustrates the profitability comparison between Safran SA and Thales SA ADR over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SAFRY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Safran SA reported a gross profit of 1.96B and revenue of 16.20B. Therefore, the gross margin over that period was 12.1%.

THLLY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Thales SA ADR reported a gross profit of 3.12B and revenue of 11.78B. Therefore, the gross margin over that period was 26.5%.

SAFRY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Safran SA reported an operating income of 1.91B and revenue of 16.20B, resulting in an operating margin of 11.8%.

THLLY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Thales SA ADR reported an operating income of 1.26B and revenue of 11.78B, resulting in an operating margin of 10.7%.

SAFRY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Safran SA reported a net income of 2.12B and revenue of 16.20B, resulting in a net margin of 13.1%.

THLLY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Thales SA ADR reported a net income of 1.00B and revenue of 11.78B, resulting in a net margin of 8.5%.

Frequently Asked Questions

Can I hold both SAFRY and THLLY in my portfolio?

SAFRY and THLLY have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SAFRY or THLLY?

SAFRY has higher volatility (10.83%) compared to THLLY (8.31%). In terms of maximum drawdown, SAFRY dropped -65.58% vs THLLY's -90.72%.

Which has better risk-adjusted returns?

SAFRY currently has the higher Sharpe Ratio (0.40 vs -0.27), 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.