THLLY vs. NOC
THLLY (Thales SA ADR) and NOC (Northrop Grumman Corporation) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 5 years, THLLY returned 23.13%/yr vs 9.49%/yr for NOC. At a 0.22 correlation, their price movements are largely independent.
Performance
THLLY vs. NOC - Performance Comparison
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Returns By Period
In the year-to-date period, THLLY achieves a 0.12% return, which is significantly higher than NOC's -4.43% return.
THLLY
- 1D
- 0.17%
- 1M
- 0.64%
- YTD
- 0.12%
- 6M
- 1.02%
- 1Y
- -8.84%
- 3Y*
- 26.30%
- 5Y*
- 23.13%
- 10Y*
- —
NOC
- 1D
- -0.66%
- 1M
- -1.15%
- YTD
- -4.43%
- 6M
- -1.56%
- 1Y
- 12.23%
- 3Y*
- 7.76%
- 5Y*
- 9.49%
- 10Y*
- 11.31%
THLLY vs. NOC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
THLLY Thales SA ADR | 0.12% | 92.10% | -1.16% | 18.36% | 51.26% | -3.68% | -12.42% | -82.02% | -6.66% |
NOC Northrop Grumman Corporation | -4.43% | 23.61% | 1.93% | -12.79% | 43.02% | 29.29% | -9.92% | 42.69% | -7.79% |
Correlation
The correlation between THLLY and NOC is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2018 | 0.22 |
Fundamentals
THLLY:
$54.97B
NOC:
$77.07B
THLLY:
$2.63
NOC:
$31.95
THLLY:
20.33
NOC:
16.93
THLLY:
1.60
NOC:
2.50
THLLY:
1.29
NOC:
1.83
THLLY:
6.90
NOC:
4.50
THLLY:
$42.63B
NOC:
$42.37B
THLLY:
$11.20B
NOC:
$8.69B
THLLY:
$5.82B
NOC:
$7.50B
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Return for Risk
THLLY vs. NOC — Risk / Return Rank
THLLY
NOC
THLLY vs. NOC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Thales SA ADR (THLLY) and Northrop Grumman Corporation (NOC). 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.
| THLLY | NOC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.73 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.11 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.42 | 0.39 | -0.81 |
| Martin ratioReturn relative to average drawdown | -0.85 | 1.05 | -1.90 |
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
| THLLY | NOC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.27 | 0.47 | -0.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.38 | +0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.45 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.22 | 0.46 | -0.67 |
Drawdowns
THLLY vs. NOC - Drawdown Comparison
The maximum THLLY drawdown since its inception was -90.72%, which is greater than NOC's maximum drawdown of -71.12%. Use the drawdown chart below to compare losses from any high point for THLLY and NOC.
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Drawdown Indicators
| THLLY | NOC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.72% | -71.12% | -19.60% |
Max Drawdown (1Y)Largest decline over 1 year | -21.08% | -31.20% | +10.12% |
Max Drawdown (3Y)Largest decline over 3 years | -24.17% | -31.20% | +7.03% |
Max Drawdown (5Y)Largest decline over 5 years | -26.79% | -31.20% | +4.41% |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.38% | — |
Current DrawdownCurrent decline from peak | -51.81% | -29.27% | -22.54% |
Average DrawdownAverage peak-to-trough decline | -72.69% | -18.40% | -54.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.46% | 11.72% | -1.26% |
Volatility
THLLY vs. NOC - Volatility Comparison
Thales SA ADR (THLLY) has a higher volatility of 8.31% compared to Northrop Grumman Corporation (NOC) at 7.22%. This indicates that THLLY's price experiences larger fluctuations and is considered to be riskier than NOC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| THLLY | NOC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.31% | 7.22% | +1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 24.80% | 21.13% | +3.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.99% | 26.48% | +6.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.26% | 25.27% | +5.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.23% | 25.42% | +20.81% |
Dividends
THLLY vs. NOC - Dividend Comparison
THLLY's dividend yield for the trailing twelve months is around 1.71%, less than NOC's 1.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NOC Northrop Grumman Corporation | 1.74% | 1.58% | 1.72% | 1.57% | 1.24% | 1.59% | 1.86% | 1.50% | 1.92% | 1.27% | 1.50% | 1.64% |
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
THLLY vs. NOC - Financials Comparison
This section allows you to compare key financial metrics between Thales SA ADR and Northrop Grumman Corporation. 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
THLLY vs. NOC - Profitability Comparison
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%.
NOC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Northrop Grumman Corporation reported a gross profit of 1.96B and revenue of 9.88B. Therefore, the gross margin over that period was 19.8%.
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%.
NOC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Northrop Grumman Corporation reported an operating income of 989.00M and revenue of 9.88B, resulting in an operating margin of 10.0%.
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%.
NOC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Northrop Grumman Corporation reported a net income of 875.00M and revenue of 9.88B, resulting in a net margin of 8.9%.
Frequently Asked Questions
THLLY and NOC have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
THLLY has higher volatility (8.31%) compared to NOC (7.22%). In terms of maximum drawdown, THLLY dropped -90.72% vs NOC's -71.12%.
NOC currently has the higher Sharpe Ratio (0.47 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.
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