- Issuer
- Expat
- Inception Date
- Feb 5, 2018
- Region
- Europe (Slovakia)
- Category
- Europe Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- SAX Index
- Domicile
- Bulgaria
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Compare stocks, funds, or ETFs
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Performance
SK9A.DE Performance Chart
Expat Slovakia SAX UCITS ETF (SK9A.DE) is down 5.2% since the beginning of the year. SK9A.DE is currently trading at €0 per share. Investors who bought €1,000 worth of SK9A.DE shares 5 years ago would now be looking at an investment worth €548.
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Returns By Period
Expat Slovakia SAX UCITS ETF (SK9A.DE) has returned -5.23% so far this year and -8.43% over the past 12 months.
Expat Slovakia SAX UCITS ETF
- 1D
- 0.09%
- 1M
- 4.26%
- 6M
- -3.96%
- YTD
- -5.23%
- 1Y
- -8.43%
- 3Y*
- -8.81%
- 5Y*
- -11.34%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.09%
- 1M
- 1.27%
- 6M
- 10.98%
- YTD
- 13.27%
- 1Y
- 22.64%
- 3Y*
- 18.04%
- 5Y*
- 12.49%
- 10Y*
- 12.92%
SK9A.DE Monthly Returns History
Based on dividend-adjusted daily data since Apr 16, 2018, SK9A.DE's average daily return is -0.01%, while the average monthly return is -0.74%.
Historically, 34% of months were positive and 66% were negative. The best month was Aug 2018 with a return of +7.1%, while the worst month was May 2018 at -10.1%. The longest winning streak lasted 3 consecutive months, and the longest losing streak was 10 months.
On a daily basis, SK9A.DE closed higher 32% of trading days. The best single day was Oct 20, 2020 with a return of +93.0%, while the worst single day was Oct 21, 2020 at -48.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.99% | -0.94% | -8.55% | 1.60% | 2.69% | 4.92% | -2.50% | -5.23% | |||||
| 2025 | -0.39% | -2.89% | 1.02% | 1.17% | -0.53% | -0.77% | -1.46% | -2.91% | -2.32% | -1.04% | 2.18% | 0.08% | -7.70% |
| 2024 | -2.47% | -0.28% | -2.83% | 0.99% | -0.55% | -1.73% | -0.71% | -0.96% | -0.56% | -0.94% | -1.10% | -1.05% | -11.57% |
| 2023 | -2.42% | 1.29% | 0.35% | -0.42% | -0.27% | 0.52% | -0.49% | 2.97% | -0.70% | -3.00% | -1.48% | 1.03% | -2.72% |
| 2022 | -0.83% | -2.31% | -0.72% | -1.11% | -4.14% | -2.87% | -4.96% | -7.92% | -1.06% | -2.77% | 0.13% | -0.95% | -26.07% |
| 2021 | -0.26% | 5.25% | -0.93% | 0.52% | -0.12% | -2.20% | 0.04% | -1.14% | 0.40% | -0.62% | -0.56% | 0.43% | 0.64% |
Benchmark Metrics
Expat Slovakia SAX UCITS ETF has an annualized alpha of -2.83%, beta of -0.01, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since April 16, 2018.
- This ETF participated in 36.64% of S&P 500 Index downside but only -11.42% of its upside - more exposed to losses than it benefited from rallies.
- Beta of -0.01 may look defensive, but with R2 of 0.00 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.00 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -2.83%
- Beta
- -0.01
- R²
- 0.00
- Upside Capture
- -11.42%
- Downside Capture
- 36.64%
Expense Ratio
SK9A.DE has a high expense ratio of 1.38%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
SK9A.DE ranks 3 for risk / return — in the bottom 3% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Expat Slovakia SAX UCITS ETF (SK9A.DE) and compare them to S&P 500 Index.
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.
| SK9A.DE | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.64 | ||
| Sortino ratioReturn per unit of downside risk | -3.50 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.33 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | -0.55 | 3.01 | -3.55 |
| Martin ratioReturn relative to average drawdown | -1.04 | 11.10 | -12.14 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Expat Slovakia SAX UCITS ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Expat Slovakia SAX UCITS ETF was 73.30%, occurring on Mar 30, 2026. The portfolio has not yet recovered.
The current Expat Slovakia SAX UCITS ETF drawdown is 71.32%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-73.30%Mar 2026 | 5y 5mo | — | 5y 8moOct 2020 - now | — |
-22.14%Mar 2020 | 1y 11mo | 6mo 28d | 2y 5moApr 2018 - Oct 2020 | COVID crash2020 |
-0.05%Apr 2018 | 0s | 1d | 1dApr 2018 - Apr 2018 | — |
Drawdown Indicators
| SK9A.DE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.30% | -51.17% | -22.13% |
Max Drawdown (1Y)Largest decline over 1 year | -15.32% | -7.57% | -7.75% |
Max Drawdown (3Y)Largest decline over 3 years | -31.08% | -23.99% | -7.09% |
Max Drawdown (5Y)Largest decline over 5 years | -49.50% | -23.99% | -25.51% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.42% | — |
Current DrawdownCurrent decline from peak | -71.32% | -0.52% | -70.80% |
Average DrawdownAverage peak-to-trough decline | -45.90% | -8.90% | -37.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.06% | 2.04% | +6.02% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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