AALB.AS vs. ARCAY

Last updated Jun 4, 2026

AALB.AS (Aalberts Industries NV) and ARCAY (Arcadis NV) are both stocks. Both are in the Industrials sector — AALB.AS in Specialty Industrial Machinery, ARCAY in Engineering & Construction. Over the past 10 years, AALB.AS returned 4.93%/yr vs 9.56%/yr for ARCAY. At a 0.09 correlation, their price movements are largely independent.

Performance

AALB.AS vs. ARCAY - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Aalberts Industries NV (AALB.AS) and Arcadis NV (ARCAY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

AALB.AS is traded in EUR, while ARCAY is traded in USD. To make them comparable, the ARCAY values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, AALB.AS achieves a 42.65% return, which is significantly higher than ARCAY's 1.77% return. Over the past 10 years, AALB.AS has underperformed ARCAY with an annualized return of 4.93%, while ARCAY has yielded a comparatively higher 9.56% annualized return.

AALB.AS

• 1D: -1.23%
• 1M: 10.29%
• YTD: 42.65%
• 6M: 46.51%
• 1Y: 28.95%
• 3Y*: 1.97%
• 5Y*: -0.23%
• 10Y*: 4.93%

ARCAY

• 1D: 0.22%
• 1M: -7.72%
• YTD: 1.77%
• 6M: -13.16%
• 1Y: -25.04%
• 3Y*: -4.14%
• 5Y*: 2.14%
• 10Y*: 9.56%

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

AALB.AS vs. ARCAY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AALB.AS Aalberts Industries NV	42.65%	-14.77%	-10.34%	11.34%	-34.58%	61.87%	-6.23%	40.74%	-30.39%	39.85%
ARCAY Arcadis NV	1.77%	-37.47%	16.59%	38.76%	-3.93%	48.15%	30.12%	92.01%	-39.11%	53.17%

Correlation

The correlation between AALB.AS and ARCAY is 0.04, 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	0.04
Correlation (3Y) Calculated over the trailing 3-year period	-0.08
Correlation (5Y) Calculated over the trailing 5-year period	-0.11
Correlation (10Y) Calculated over the trailing 10-year period	-0.01
Correlation (All Time) Calculated using the full available price history since Aug 27, 2007	0.09

The correlation between AALB.AS and ARCAY shifts across timeframes, from -0.11 (5 years) to 0.09 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AALB.AS vs. ARCAY — Risk / Return Rank

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

AALB.AS

AALB.AS Risk / Return Rank: 64
AALB.AS Sharpe Ratio Rank: 68
AALB.AS Sortino Ratio Rank: 62
AALB.AS Omega Ratio Rank: 63
AALB.AS Calmar Ratio Rank: 66
AALB.AS Martin Ratio Rank: 62

ARCAY

ARCAY Risk / Return Rank: 33
ARCAY Sharpe Ratio Rank: 32
ARCAY Sortino Ratio Rank: 39
ARCAY Omega Ratio Rank: 46
ARCAY Calmar Ratio Rank: 27
ARCAY Martin Ratio Rank: 22

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.

AALB.AS vs. ARCAY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aalberts Industries NV (AALB.AS) and Arcadis NV (ARCAY). 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.

	AALB.AS	ARCAY	Difference
Sharpe ratio: Return per unit of total volatility	0.85	-0.25	+1.10
Sortino ratio: Return per unit of downside risk	1.37	0.35	+1.03
Omega ratio: Gain probability vs. loss probability	1.18	1.07	+0.11
Calmar ratio: Return relative to maximum drawdown	1.29	-0.46	+1.75
Martin ratio: Return relative to average drawdown	2.36	-1.00	+3.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AALB.AS vs. ARCAY - Sharpe Ratio Comparison

The current AALB.AS Sharpe Ratio is 0.85, which is higher than the ARCAY Sharpe Ratio of -0.25. The chart below compares the historical Sharpe Ratios of AALB.AS and ARCAY, 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

	AALB.AS	ARCAY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.85	-0.25	+1.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.01	0.04	-0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.16	0.18	-0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	-0.01	+0.39

Drawdowns

AALB.AS vs. ARCAY - Drawdown Comparison

The maximum AALB.AS drawdown since its inception was -84.14%, smaller than the maximum ARCAY drawdown of -89.62%. Use the drawdown chart below to compare losses from any high point for AALB.AS and ARCAY.

Drawdown Indicators

	AALB.AS	ARCAY	Difference
Max Drawdown Largest peak-to-trough decline	-84.14%	-89.62%	+5.48%
Max Drawdown (1Y) Largest decline over 1 year	-22.08%	-55.14%	+33.06%
Max Drawdown (3Y) Largest decline over 3 years	-44.75%	-65.18%	+20.43%
Max Drawdown (5Y) Largest decline over 5 years	-51.28%	-65.18%	+13.90%
Max Drawdown (10Y) Largest decline over 10 years	-58.29%	-65.18%	+6.89%
Current Drawdown Current decline from peak	-21.71%	-46.01%	+24.30%
Average Drawdown Average peak-to-trough decline	-20.95%	-49.84%	+28.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.16%	25.47%	-13.31%

Volatility

AALB.AS vs. ARCAY - Volatility Comparison

Aalberts Industries NV (AALB.AS) and Arcadis NV (ARCAY) have volatilities of 9.44% and 9.15%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AALB.AS	ARCAY	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.44%	9.15%	+0.29%
Volatility (6M) Calculated over the trailing 6-month period	24.21%	94.78%	-70.57%
Volatility (1Y) Calculated over the trailing 1-year period	33.55%	102.54%	-68.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.58%	56.22%	-23.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.83%	54.18%	-23.35%

Dividends

AALB.AS vs. ARCAY - Dividend Comparison

AALB.AS's dividend yield for the trailing twelve months is around 2.98%, less than ARCAY's 3.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AALB.AS Aalberts Industries NV	2.98%	4.03%	3.29%	2.83%	6.32%	1.03%	2.19%	1.87%	2.24%	1.37%	1.69%	1.45%
ARCAY Arcadis NV	3.08%	2.65%	1.55%	1.49%	3.55%	1.62%	0.00%	1.92%	3.90%	3.95%	10.01%	0.00%

Financials

Frequently Asked Questions

Can I hold both AALB.AS and ARCAY in my portfolio?

AALB.AS and ARCAY have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.