WZZZY vs. RYAAY

Last updated Jun 3, 2026

WZZZY (Wizz Air Holdings PLC) and RYAAY (Ryanair Holdings plc) are both stocks. Both operate in the Airlines industry within the Industrials sector. Over the past 5 years, WZZZY returned -27.61%/yr vs 6.23%/yr for RYAAY. At a 0.04 correlation, their price movements are largely independent.

Performance

WZZZY vs. RYAAY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Wizz Air Holdings PLC (WZZZY) and Ryanair Holdings plc (RYAAY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WZZZY achieves a -24.14% return, which is significantly lower than RYAAY's -18.12% return.

WZZZY

• 1D: 0.00%
• 1M: 10.00%
• YTD: -24.14%
• 6M: -11.53%
• 1Y: -45.00%
• 3Y*: -30.43%
• 5Y*: -27.61%
• 10Y*: —

RYAAY

• 1D: -1.08%
• 1M: 7.80%
• YTD: -18.12%
• 6M: -10.64%
• 1Y: 5.10%
• 3Y*: 13.11%
• 5Y*: 6.23%
• 10Y*: 5.91%

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

WZZZY vs. RYAAY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
WZZZY Wizz Air Holdings PLC	-24.14%	-6.75%	-15.95%	-24.44%	-49.86%	-2.33%	76.47%	0.00%
RYAAY Ryanair Holdings plc	-18.12%	69.01%	-16.14%	78.38%	-26.94%	-6.96%	25.53%	-0.25%

Correlation

The correlation between WZZZY and RYAAY 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	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.05
Correlation (All Time) Calculated using the full available price history since Dec 20, 2019	0.04

Fundamentals

Market Cap WZZZY : $1.69B RYAAY : $30.65B
EPS WZZZY : $0.69 RYAAY : $4.08
PE Ratio WZZZY : 4.80 RYAAY : 14.40
PS Ratio WZZZY : 0.20 RYAAY : 2.00
PB Ratio WZZZY : 2.05 RYAAY : 3.03
Total Revenue (TTM) WZZZY : $7.48B RYAAY : $15.59B
Gross Profit (TTM) WZZZY : $1.21B RYAAY : $3.93B
EBITDA (TTM) WZZZY : $1.45B RYAAY : $3.84B

Return for Risk

WZZZY vs. RYAAY — Risk / Return Rank

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

WZZZY

WZZZY Risk / Return Rank: 13
WZZZY Sharpe Ratio Rank: 15
WZZZY Sortino Ratio Rank: 18
WZZZY Omega Ratio Rank: 11
WZZZY Calmar Ratio Rank: 7
WZZZY Martin Ratio Rank: 12

RYAAY

RYAAY Risk / Return Rank: 44
RYAAY Sharpe Ratio Rank: 45
RYAAY Sortino Ratio Rank: 41
RYAAY Omega Ratio Rank: 39
RYAAY Calmar Ratio Rank: 46
RYAAY Martin Ratio Rank: 47

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.

WZZZY vs. RYAAY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Wizz Air Holdings PLC (WZZZY) and Ryanair Holdings plc (RYAAY). 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.

	WZZZY	RYAAY	Difference
Sharpe ratio Return per unit of total volatility	-0.61	0.15	-0.76
Sortino ratio Return per unit of downside risk	-0.54	0.48	-1.02
Omega ratio Gain probability vs. loss probability	0.87	1.06	-0.18
Calmar ratio Return relative to maximum drawdown	-0.87	0.27	-1.14
Martin ratio Return relative to average drawdown	-1.26	0.64	-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.

WZZZY vs. RYAAY - Sharpe Ratio Comparison

The current WZZZY Sharpe Ratio is -0.61, which is lower than the RYAAY Sharpe Ratio of 0.15. The chart below compares the historical Sharpe Ratios of WZZZY and RYAAY, 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

	WZZZY	RYAAY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.61	0.15	-0.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.41	0.18	-0.58
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.16	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.21	0.39	-0.60

Drawdowns

WZZZY vs. RYAAY - Drawdown Comparison

The maximum WZZZY drawdown since its inception was -83.89%, which is greater than RYAAY's maximum drawdown of -67.68%. Use the drawdown chart below to compare losses from any high point for WZZZY and RYAAY.

Drawdown Indicators

	WZZZY	RYAAY	Difference
Max Drawdown Largest peak-to-trough decline	-83.89%	-67.68%	-16.21%
Max Drawdown (1Y) Largest decline over 1 year	-51.67%	-27.40%	-24.27%
Max Drawdown (3Y) Largest decline over 3 years	-70.41%	-36.05%	-34.36%
Max Drawdown (5Y) Largest decline over 5 years	-83.89%	-54.89%	-29.00%
Max Drawdown (10Y) Largest decline over 10 years	—	-62.50%	—
Current Drawdown Current decline from peak	-81.67%	-19.93%	-61.74%
Average Drawdown Average peak-to-trough decline	-50.03%	-19.84%	-30.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	35.65%	11.36%	+24.29%

Volatility

WZZZY vs. RYAAY - Volatility Comparison

Wizz Air Holdings PLC (WZZZY) has a higher volatility of 22.20% compared to Ryanair Holdings plc (RYAAY) at 13.66%. This indicates that WZZZY's price experiences larger fluctuations and is considered to be riskier than RYAAY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WZZZY	RYAAY	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.20%	13.66%	+8.54%
Volatility (6M) Calculated over the trailing 6-month period	50.35%	28.31%	+22.04%
Volatility (1Y) Calculated over the trailing 1-year period	74.74%	34.70%	+40.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.35%	35.43%	+32.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.96%	36.49%	+35.47%

Dividends

WZZZY vs. RYAAY - Dividend Comparison

WZZZY has not paid dividends to shareholders, while RYAAY's dividend yield for the trailing twelve months is around 1.68%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RYAAY Ryanair Holdings plc	1.68%	1.39%	2.65%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	6.27%
WZZZY Wizz Air Holdings PLC	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

WZZZY vs. RYAAY - Profitability Comparison

The chart below illustrates the profitability comparison between Wizz Air Holdings PLC and Ryanair Holdings plc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

WZZZY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Wizz Air Holdings PLC reported a gross profit of 602.09M and revenue of 3.85B. Therefore, the gross margin over that period was 15.7%.

RYAAY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ryanair Holdings plc reported a gross profit of -318.76M and revenue of 2.55B. Therefore, the gross margin over that period was -12.5%.

WZZZY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Wizz Air Holdings PLC reported an operating income of 505.72M and revenue of 3.85B, resulting in an operating margin of 13.1%.

RYAAY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ryanair Holdings plc reported an operating income of -512.80M and revenue of 2.55B, resulting in an operating margin of -20.1%.

WZZZY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Wizz Air Holdings PLC reported a net income of 376.52M and revenue of 3.85B, resulting in a net margin of 9.8%.

RYAAY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ryanair Holdings plc reported a net income of -402.00M and revenue of 2.55B, resulting in a net margin of -15.7%.

Frequently Asked Questions

Can I hold both WZZZY and RYAAY in my portfolio?

WZZZY and RYAAY 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.

Which is riskier, WZZZY or RYAAY?

WZZZY has higher volatility (22.20%) compared to RYAAY (13.66%). In terms of maximum drawdown, WZZZY dropped -83.89% vs RYAAY's -67.68%.

Which has better risk-adjusted returns?

RYAAY currently has the higher Sharpe Ratio (0.15 vs -0.61), 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.