AAD.DE vs. ZAL.DE
AAD.DE (Amadeus Fire AG) and ZAL.DE (Zalando SE) are both stocks. AAD.DE operates in Staffing & Employment Services (Industrials), while ZAL.DE operates in Internet Retail (Consumer Cyclical). Over the past 10 years, AAD.DE returned -7.55%/yr vs -1.33%/yr for ZAL.DE. At a 0.26 correlation, their price movements are largely independent.
Performance
AAD.DE vs. ZAL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AAD.DE achieves a -47.86% return, which is significantly lower than ZAL.DE's 11.88% return. Over the past 10 years, AAD.DE has underperformed ZAL.DE with an annualized return of -7.55%, while ZAL.DE has yielded a comparatively higher -1.33% annualized return.
AAD.DE
- 1D
- 3.68%
- 1M
- 10.00%
- 6M
- -45.07%
- YTD
- -47.86%
- 1Y
- -70.56%
- 3Y*
- -39.24%
- 5Y*
- -29.88%
- 10Y*
- -7.55%
- ALL TIME*
- 7.79%
ZAL.DE
- 1D
- 1.58%
- 1M
- 16.91%
- 6M
- 11.35%
- YTD
- 11.88%
- 1Y
- 2.05%
- 3Y*
- -2.95%
- 5Y*
- -21.99%
- 10Y*
- -1.33%
- ALL TIME*
- 1.39%
AAD.DE vs. ZAL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AAD.DE Amadeus Fire AG | -47.86% | -40.12% | -35.27% | 10.28% | -34.96% | 52.72% | -18.54% | 88.48% | 10.10% | 9.87% |
ZAL.DE Zalando SE | 11.88% | -21.77% | 51.00% | -35.22% | -53.46% | -21.88% | 101.55% | 101.34% | -49.14% | 21.58% |
Correlation
The correlation between AAD.DE and ZAL.DE is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2014 | 0.26 |
The correlation between AAD.DE and ZAL.DE shifts across timeframes, from 0.21 (1 year) to 0.33 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
AAD.DE vs. ZAL.DE — Risk / Return Rank
AAD.DE
ZAL.DE
AAD.DE vs. ZAL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amadeus Fire AG (AAD.DE) and Zalando SE (ZAL.DE). 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.
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.
| AAD.DE | ZAL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.80 | ||
| Sortino ratioReturn per unit of downside risk | -3.88 | ||
| Omega ratioGain probability vs. loss probability | 0.62 | 1.04 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | -0.94 | 0.06 | -1.00 |
| Martin ratioReturn relative to average drawdown | -1.34 | 0.12 | -1.46 |
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Drawdowns
AAD.DE vs. ZAL.DE - Drawdown Comparison
The maximum AAD.DE drawdown since its inception was -89.04%, which is greater than ZAL.DE's maximum drawdown of -84.41%. Use the drawdown chart below to compare losses from any high point for AAD.DE and ZAL.DE.
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Drawdown Indicators
| AAD.DE | ZAL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.04% | -84.41% | -4.63% |
Max Drawdown (1Y)Largest decline over 1 year | -75.01% | -31.82% | -43.19% |
Max Drawdown (3Y)Largest decline over 3 years | -83.17% | -52.11% | -31.06% |
Max Drawdown (5Y)Largest decline over 5 years | -89.04% | -83.82% | -5.22% |
Max Drawdown (10Y)Largest decline over 10 years | -89.04% | -84.41% | -4.63% |
Current DrawdownCurrent decline from peak | -87.07% | -72.91% | -14.16% |
Average DrawdownAverage peak-to-trough decline | -23.78% | -35.86% | +12.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 52.55% | 16.91% | +35.64% |
Volatility
AAD.DE vs. ZAL.DE - Volatility Comparison
Amadeus Fire AG (AAD.DE) has a higher volatility of 15.36% compared to Zalando SE (ZAL.DE) at 11.06%. This indicates that AAD.DE's price experiences larger fluctuations and is considered to be riskier than ZAL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAD.DE | ZAL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.36% | 11.06% | +4.30% |
Volatility (6M)Calculated over the trailing 6-month period | 32.65% | 30.89% | +1.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.22% | 40.83% | -0.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.10% | 47.07% | -13.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.23% | 42.42% | -9.19% |
Dividends
AAD.DE vs. ZAL.DE - Dividend Comparison
Neither AAD.DE nor ZAL.DE has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAD.DE Amadeus Fire AG | 0.00% | 9.32% | 6.57% | 3.66% | 2.63% | 0.85% | 0.00% | 3.15% | 4.86% | 4.74% | 4.81% | 4.49% |
ZAL.DE Zalando SE | 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
AAD.DE vs. ZAL.DE - Financials Comparison
This section allows you to compare key financial metrics between Amadeus Fire AG and Zalando SE. 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
Frequently Asked Questions
AAD.DE and ZAL.DE have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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