ACX.DE vs. AOS

Last updated Jun 5, 2026

ACX.DE (bet-at-home.com AG) and AOS (A. O. Smith Corporation) are both stocks. ACX.DE operates in Gambling (Consumer Cyclical), while AOS operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, ACX.DE returned -22.52%/yr vs 4.82%/yr for AOS. At a 0.10 correlation, their price movements are largely independent.

Performance

ACX.DE vs. AOS - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in bet-at-home.com AG (ACX.DE) and A. O. Smith Corporation (AOS). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ACX.DE is traded in EUR, while AOS is traded in USD. To make them comparable, the AOS values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ACX.DE achieves a 73.83% return, which is significantly higher than AOS's -12.87% return. Over the past 10 years, ACX.DE has underperformed AOS with an annualized return of -22.52%, while AOS has yielded a comparatively higher 4.82% annualized return.

ACX.DE

• 1D: 3.91%
• 1M: 53.09%
• YTD: 73.83%
• 6M: 52.46%
• 1Y: 24.00%
• 3Y*: -6.36%
• 5Y*: -37.64%
• 10Y*: -22.52%

AOS

• 1D: 0.35%
• 1M: -2.53%
• YTD: -12.87%
• 6M: -14.03%
• 1Y: -10.99%
• 3Y*: -6.57%
• 5Y*: -0.98%
• 10Y*: 4.82%

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

ACX.DE vs. AOS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ACX.DE bet-at-home.com AG	73.83%	-13.71%	-19.22%	-42.62%	-58.78%	-56.85%	-33.42%	27.31%	-51.85%	37.79%
AOS A. O. Smith Corporation	-12.87%	-11.81%	-10.37%	42.88%	-27.86%	71.19%	7.78%	16.22%	-26.03%	14.71%

Correlation

The correlation between ACX.DE and AOS is 0.08, 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	0.08
Correlation (3Y) Calculated over the trailing 3-year period	-0.01
Correlation (5Y) Calculated over the trailing 5-year period	0.04
Correlation (10Y) Calculated over the trailing 10-year period	0.13
Correlation (All Time) Calculated using the full available price history since Aug 28, 2007	0.10

The correlation between ACX.DE and AOS shifts across timeframes, from -0.01 (3 years) to 0.13 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

ACX.DE vs. AOS — Risk / Return Rank

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

ACX.DE

ACX.DE Risk / Return Rank: 58
ACX.DE Sharpe Ratio Rank: 56
ACX.DE Sortino Ratio Rank: 62
ACX.DE Omega Ratio Rank: 59
ACX.DE Calmar Ratio Rank: 56
ACX.DE Martin Ratio Rank: 56

AOS

AOS Risk / Return Rank: 26
AOS Sharpe Ratio Rank: 25
AOS Sortino Ratio Rank: 22
AOS Omega Ratio Rank: 23
AOS Calmar Ratio Rank: 31
AOS Martin Ratio Rank: 28

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.

ACX.DE vs. AOS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for bet-at-home.com AG (ACX.DE) and A. O. Smith Corporation (AOS). 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.

	ACX.DE	AOS	Difference
Sharpe ratio: Return per unit of total volatility	0.44	-0.45	+0.89
Sortino ratio: Return per unit of downside risk	1.35	-0.51	+1.86
Omega ratio: Gain probability vs. loss probability	1.16	0.94	+0.22
Calmar ratio: Return relative to maximum drawdown	0.69	-0.38	+1.07
Martin ratio: Return relative to average drawdown	1.37	-0.95	+2.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ACX.DE vs. AOS - Sharpe Ratio Comparison

The current ACX.DE Sharpe Ratio is 0.44, which is higher than the AOS Sharpe Ratio of -0.45. The chart below compares the historical Sharpe Ratios of ACX.DE and AOS, 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

	ACX.DE	AOS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.44	-0.45	+0.89
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.61	-0.04	-0.58
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.41	0.18	-0.59
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	0.45	-0.27

Drawdowns

ACX.DE vs. AOS - Drawdown Comparison

The maximum ACX.DE drawdown since its inception was -98.14%, which is greater than AOS's maximum drawdown of -52.38%. Use the drawdown chart below to compare losses from any high point for ACX.DE and AOS.

Drawdown Indicators

	ACX.DE	AOS	Difference
Max Drawdown Largest peak-to-trough decline	-98.14%	-52.38%	-45.76%
Max Drawdown (1Y) Largest decline over 1 year	-34.55%	-28.87%	-5.68%
Max Drawdown (3Y) Largest decline over 3 years	-58.00%	-40.92%	-17.08%
Max Drawdown (5Y) Largest decline over 5 years	-95.31%	-40.92%	-54.39%
Max Drawdown (10Y) Largest decline over 10 years	-98.14%	-40.92%	-57.22%
Current Drawdown Current decline from peak	-96.49%	-39.51%	-56.98%
Average Drawdown Average peak-to-trough decline	-60.68%	-13.61%	-47.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.43%	11.61%	+5.82%

Volatility

ACX.DE vs. AOS - Volatility Comparison

bet-at-home.com AG (ACX.DE) has a higher volatility of 25.67% compared to A. O. Smith Corporation (AOS) at 7.54%. This indicates that ACX.DE's price experiences larger fluctuations and is considered to be riskier than AOS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ACX.DE	AOS	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.67%	7.54%	+18.13%
Volatility (6M) Calculated over the trailing 6-month period	47.47%	18.77%	+28.70%
Volatility (1Y) Calculated over the trailing 1-year period	54.80%	24.32%	+30.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.94%	26.53%	+35.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.70%	26.99%	+27.71%

Dividends

ACX.DE vs. AOS - Dividend Comparison

ACX.DE has not paid dividends to shareholders, while AOS's dividend yield for the trailing twelve months is around 2.49%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ACX.DE bet-at-home.com AG	0.00%	0.00%	0.00%	0.00%	0.00%	19.26%	12.56%	12.29%	16.38%	7.21%	2.81%	1.24%
AOS A. O. Smith Corporation	2.49%	2.06%	1.91%	1.84%	1.99%	1.23%	1.79%	1.89%	1.78%	0.91%	1.01%	0.99%

Financials

Frequently Asked Questions

Can I hold both ACX.DE and AOS in my portfolio?

ACX.DE and AOS have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.