AFX.DE vs. AOF.DE
AFX.DE (Carl Zeiss Meditec AG) and AOF.DE (ATOSS Software AG) are both stocks. AFX.DE operates in Medical Instruments & Supplies (Healthcare), while AOF.DE operates in Software - Application (Technology). Over the past 10 years, AFX.DE returned -1.52%/yr vs 20.50%/yr for AOF.DE. At a 0.15 correlation, their price movements are largely independent.
Performance
AFX.DE vs. AOF.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AFX.DE achieves a -31.90% return, which is significantly lower than AOF.DE's -29.33% return. Over the past 10 years, AFX.DE has underperformed AOF.DE with an annualized return of -1.52%, while AOF.DE has yielded a comparatively higher 20.50% annualized return.
AFX.DE
- 1D
- 1.52%
- 1M
- 1.45%
- YTD
- -31.90%
- 6M
- -37.29%
- 1Y
- -54.03%
- 3Y*
- -36.88%
- 5Y*
- -28.35%
- 10Y*
- -1.52%
AOF.DE
- 1D
- 2.33%
- 1M
- 4.21%
- YTD
- -29.33%
- 6M
- -31.70%
- 1Y
- -40.82%
- 3Y*
- -6.64%
- 5Y*
- -0.35%
- 10Y*
- 20.50%
AFX.DE vs. AOF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AFX.DE Carl Zeiss Meditec AG | -31.90% | -11.32% | -53.50% | -15.46% | -35.83% | 70.32% | -2.74% | 67.64% | 33.36% | 49.25% |
AOF.DE ATOSS Software AG | -29.33% | 2.71% | 10.76% | 52.52% | -35.00% | 38.59% | 136.57% | 89.49% | 12.79% | 43.45% |
Correlation
The correlation between AFX.DE and AOF.DE is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Mar 23, 2000 | 0.15 |
The correlation between AFX.DE and AOF.DE shifts across timeframes, from 0.15 (1 year) to 0.32 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
AFX.DE vs. AOF.DE — Risk / Return Rank
AFX.DE
AOF.DE
AFX.DE vs. AOF.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Carl Zeiss Meditec AG (AFX.DE) and ATOSS Software AG (AOF.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.
| AFX.DE | AOF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.44 | ||
| Omega ratioGain probability vs. loss probability | 0.74 | 0.82 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | -0.79 | -0.04 |
| Martin ratioReturn relative to average drawdown | -1.26 | -1.28 | +0.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AFX.DE | AOF.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.25 | -1.00 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.69 | -0.01 | -0.68 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.04 | 0.56 | -0.60 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.03 | 0.34 | -0.30 |
Drawdowns
AFX.DE vs. AOF.DE - Drawdown Comparison
The maximum AFX.DE drawdown since its inception was -91.83%, roughly equal to the maximum AOF.DE drawdown of -90.69%. Use the drawdown chart below to compare losses from any high point for AFX.DE and AOF.DE.
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Drawdown Indicators
| AFX.DE | AOF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.83% | -90.69% | -1.14% |
Max Drawdown (1Y)Largest decline over 1 year | -62.80% | -50.37% | -12.43% |
Max Drawdown (3Y)Largest decline over 3 years | -80.43% | -50.37% | -30.06% |
Max Drawdown (5Y)Largest decline over 5 years | -87.84% | -50.37% | -37.47% |
Max Drawdown (10Y)Largest decline over 10 years | -87.84% | -50.37% | -37.47% |
Current DrawdownCurrent decline from peak | -85.85% | -43.60% | -42.25% |
Average DrawdownAverage peak-to-trough decline | -45.49% | -32.52% | -12.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.89% | 31.21% | +10.68% |
Volatility
AFX.DE vs. AOF.DE - Volatility Comparison
Carl Zeiss Meditec AG (AFX.DE) and ATOSS Software AG (AOF.DE) have volatilities of 18.31% and 18.36%, 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.
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Volatility by Period
| AFX.DE | AOF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.31% | 18.36% | -0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 34.46% | 31.97% | +2.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.46% | 40.23% | +2.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.46% | 35.73% | +4.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.74% | 37.06% | -1.32% |
Dividends
AFX.DE vs. AOF.DE - Dividend Comparison
AFX.DE's dividend yield for the trailing twelve months is around 2.06%, less than AOF.DE's 2.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AFX.DE Carl Zeiss Meditec AG | 2.06% | 1.50% | 2.42% | 1.11% | 0.76% | 0.27% | 1.19% | 0.48% | 0.81% | 0.81% | 1.09% | 1.40% |
AOF.DE ATOSS Software AG | 2.88% | 1.85% | 1.48% | 1.35% | 1.31% | 0.77% | 4.03% | 2.79% | 6.67% | 1.57% | 5.34% | 1.28% |
Financials
AFX.DE vs. AOF.DE - Financials Comparison
This section allows you to compare key financial metrics between Carl Zeiss Meditec AG and ATOSS Software AG. 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
AFX.DE and AOF.DE have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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