UL vs. BA.L
UL (The Unilever Group) and BA.L (BAE Systems plc) are both stocks. UL operates in Household & Personal Products (Consumer Defensive), while BA.L operates in Aerospace & Defense (Industrials). Over the past 10 years, UL returned 4.43%/yr vs 18.22%/yr for BA.L. At a 0.30 correlation, their price movements are largely independent.
Performance
UL vs. BA.L - Performance Comparison
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Different Trading Currencies
UL is traded in USD, while BA.L is traded in GBp. To make them comparable, the BA.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, UL achieves a -12.75% return, which is significantly lower than BA.L's 14.00% return. Over the past 10 years, UL has underperformed BA.L with an annualized return of 4.43%, while BA.L has yielded a comparatively higher 18.22% annualized return.
UL
- 1D
- -1.11%
- 1M
- -3.03%
- YTD
- -12.75%
- 6M
- -8.37%
- 1Y
- -18.21%
- 3Y*
- 3.46%
- 5Y*
- -0.18%
- 10Y*
- 4.43%
BA.L
- 1D
- 1.06%
- 1M
- -1.31%
- YTD
- 14.00%
- 6M
- 16.71%
- 1Y
- 1.43%
- 3Y*
- 32.87%
- 5Y*
- 31.49%
- 10Y*
- 18.22%
UL vs. BA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UL The Unilever Group | -12.75% | 5.96% | 20.90% | -0.17% | -2.82% | -7.61% | 9.04% | 12.88% | -2.34% | 40.15% |
BA.L BAE Systems plc | 14.00% | 63.60% | 4.12% | 40.34% | 43.72% | 16.51% | -6.51% | 33.58% | -21.46% | 9.84% |
Correlation
The correlation between UL and BA.L is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2007 | 0.30 |
The correlation between UL and BA.L shifts across timeframes, from -0.01 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.
Fundamentals
UL:
$123.13B
BA.L:
£59.15B
UL:
$5.06
BA.L:
£1.33
UL:
11.08
BA.L:
14.71
UL:
2.17
BA.L:
2.35
UL:
1.20
BA.L:
1.08
UL:
7.93
BA.L:
5.02
UL:
$109.27B
BA.L:
£54.65B
UL:
$90.89B
BA.L:
£4.75B
UL:
$24.12B
BA.L:
£7.55B
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Return for Risk
UL vs. BA.L — Risk / Return Rank
UL
BA.L
UL vs. BA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Unilever Group (UL) and BAE Systems plc (BA.L). 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.
| UL | BA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.91 | ||
| Sortino ratioReturn per unit of downside risk | -1.41 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.03 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.73 | 0.06 | -0.79 |
| Martin ratioReturn relative to average drawdown | -1.53 | 0.14 | -1.67 |
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
| UL | BA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.86 | 0.05 | -0.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | 1.16 | -1.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | 0.68 | -0.47 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.38 | +0.01 |
Drawdowns
UL vs. BA.L - Drawdown Comparison
The maximum UL drawdown since its inception was -53.55%, smaller than the maximum BA.L drawdown of -57.18%. Use the drawdown chart below to compare losses from any high point for UL and BA.L.
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Drawdown Indicators
| UL | BA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.55% | -57.18% | +3.63% |
Max Drawdown (1Y)Largest decline over 1 year | -25.09% | -22.64% | -2.45% |
Max Drawdown (3Y)Largest decline over 3 years | -25.09% | -22.64% | -2.45% |
Max Drawdown (5Y)Largest decline over 5 years | -26.53% | -22.64% | -3.89% |
Max Drawdown (10Y)Largest decline over 10 years | -30.13% | -41.57% | +11.44% |
Current DrawdownCurrent decline from peak | -23.50% | -15.55% | -7.95% |
Average DrawdownAverage peak-to-trough decline | -10.60% | -18.52% | +7.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.93% | 9.86% | +2.07% |
Volatility
UL vs. BA.L - Volatility Comparison
The current volatility for The Unilever Group (UL) is 5.63%, while BAE Systems plc (BA.L) has a volatility of 9.22%. This indicates that UL experiences smaller price fluctuations and is considered to be less risky than BA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UL | BA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.63% | 9.22% | -3.59% |
Volatility (6M)Calculated over the trailing 6-month period | 18.17% | 24.34% | -6.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.26% | 31.00% | -9.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.83% | 27.07% | -6.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.62% | 26.85% | -5.23% |
Dividends
UL vs. BA.L - Dividend Comparison
UL's dividend yield for the trailing twelve months is around 4.07%, more than BA.L's 1.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BA.L BAE Systems plc | 1.86% | 1.99% | 2.69% | 2.53% | 2.99% | 4.40% | 4.75% | 4.00% | 4.79% | 3.75% | 3.57% | 4.14% |
UL The Unilever Group | 4.07% | 3.51% | 3.29% | 3.83% | 3.57% | 3.77% | 3.07% | 3.18% | 3.49% | 2.80% | 3.42% | 3.02% |
Financials
UL vs. BA.L - Financials Comparison
This section allows you to compare key financial metrics between The Unilever Group and BAE Systems plc. 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
UL vs. BA.L - Profitability Comparison
UL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Unilever Group reported a gross profit of 0.00 and revenue of 18.38B. Therefore, the gross margin over that period was 0.0%.
BA.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, BAE Systems plc reported a gross profit of 1.35B and revenue of 14.77B. Therefore, the gross margin over that period was 9.2%.
UL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Unilever Group reported an operating income of 4.13B and revenue of 18.38B, resulting in an operating margin of 22.5%.
BA.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, BAE Systems plc reported an operating income of 1.35B and revenue of 14.77B, resulting in an operating margin of 9.2%.
UL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Unilever Group reported a net income of 2.56B and revenue of 18.38B, resulting in a net margin of 14.0%.
BA.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, BAE Systems plc reported a net income of 1.09B and revenue of 14.77B, resulting in a net margin of 7.4%.
Frequently Asked Questions
UL and BA.L have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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