AKRBY vs. KBGGY

Last updated Jun 3, 2026

AKRBY (Aker BP ASA) and KBGGY (Kongsberg Gruppen ASA) are both stocks. AKRBY operates in Oil & Gas E&P (Energy), while KBGGY operates in Aerospace & Defense (Industrials). Over the past 3 years, AKRBY returned 31.00%/yr vs 71.26%/yr for KBGGY. At a 0.10 correlation, their price movements are largely independent.

Performance

AKRBY vs. KBGGY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aker BP ASA (AKRBY) and Kongsberg Gruppen ASA (KBGGY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with AKRBY having a 57.16% return and KBGGY slightly higher at 59.52%.

AKRBY

• 1D: 8.41%
• 1M: 4.00%
• YTD: 57.16%
• 6M: 68.99%
• 1Y: 81.87%
• 3Y*: 31.00%
• 5Y*: —
• 10Y*: —

KBGGY

• 1D: -2.65%
• 1M: 6.87%
• YTD: 59.52%
• 6M: 72.82%
• 1Y: 12.16%
• 3Y*: 71.26%
• 5Y*: —
• 10Y*: —

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

AKRBY vs. KBGGY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AKRBY Aker BP ASA	57.16%	46.41%	-15.83%	16.09%
KBGGY Kongsberg Gruppen ASA	59.52%	19.00%	164.60%	-2.54%

Correlation

The correlation between AKRBY and KBGGY is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (All Time) Calculated using the full available price history since May 22, 2023	0.10

Return for Risk

AKRBY vs. KBGGY — Risk / Return Rank

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

AKRBY

AKRBY Risk / Return Rank: 81
AKRBY Sharpe Ratio Rank: 77
AKRBY Sortino Ratio Rank: 76
AKRBY Omega Ratio Rank: 81
AKRBY Calmar Ratio Rank: 86
AKRBY Martin Ratio Rank: 84

KBGGY

KBGGY Risk / Return Rank: 47
KBGGY Sharpe Ratio Rank: 46
KBGGY Sortino Ratio Rank: 49
KBGGY Omega Ratio Rank: 52
KBGGY Calmar Ratio Rank: 45
KBGGY Martin Ratio Rank: 43

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.

AKRBY vs. KBGGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aker BP ASA (AKRBY) and Kongsberg Gruppen ASA (KBGGY). 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.

	AKRBY	KBGGY	Difference
Sharpe ratio Return per unit of total volatility	1.25	0.16	+1.10
Sortino ratio Return per unit of downside risk	2.05	0.84	+1.21
Omega ratio Gain probability vs. loss probability	1.32	1.12	+0.19
Calmar ratio Return relative to maximum drawdown	3.68	0.22	+3.46
Martin ratio Return relative to average drawdown	8.74	0.28	+8.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AKRBY vs. KBGGY - Sharpe Ratio Comparison

The current AKRBY Sharpe Ratio is 1.25, which is higher than the KBGGY Sharpe Ratio of 0.16. The chart below compares the historical Sharpe Ratios of AKRBY and KBGGY, 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

	AKRBY	KBGGY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.25	0.16	+1.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	1.12	-0.77

Drawdowns

AKRBY vs. KBGGY - Drawdown Comparison

The maximum AKRBY drawdown since its inception was -33.82%, smaller than the maximum KBGGY drawdown of -68.35%. Use the drawdown chart below to compare losses from any high point for AKRBY and KBGGY.

Drawdown Indicators

	AKRBY	KBGGY	Difference
Max Drawdown Largest peak-to-trough decline	-33.82%	-68.35%	+34.53%
Max Drawdown (1Y) Largest decline over 1 year	-20.93%	-68.35%	+47.42%
Max Drawdown (3Y) Largest decline over 3 years	-33.82%	-68.35%	+34.53%
Current Drawdown Current decline from peak	-14.29%	-42.83%	+28.54%
Average Drawdown Average peak-to-trough decline	-10.74%	-20.00%	+9.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.81%	53.32%	-44.51%

Volatility

AKRBY vs. KBGGY - Volatility Comparison

Aker BP ASA (AKRBY) has a higher volatility of 32.49% compared to Kongsberg Gruppen ASA (KBGGY) at 15.41%. This indicates that AKRBY's price experiences larger fluctuations and is considered to be riskier than KBGGY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AKRBY	KBGGY	Difference
Volatility (1M) Calculated over the trailing 1-month period	32.49%	15.41%	+17.08%
Volatility (6M) Calculated over the trailing 6-month period	52.56%	37.99%	+14.57%
Volatility (1Y) Calculated over the trailing 1-year period	66.03%	77.45%	-11.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.71%	61.73%	-2.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.71%	61.73%	-2.02%

Dividends

AKRBY vs. KBGGY - Dividend Comparison

AKRBY's dividend yield for the trailing twelve months is around 6.61%, less than KBGGY's 23.83% yield.

Position	TTM	2025	2024	2023
AKRBY Aker BP ASA	6.61%	9.75%	12.28%	15.16%
KBGGY Kongsberg Gruppen ASA	23.83%	5.82%	1.18%	0.00%

Financials

Frequently Asked Questions

Can I hold both AKRBY and KBGGY in my portfolio?

AKRBY and KBGGY have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AKRBY or KBGGY?

AKRBY has higher volatility (32.49%) compared to KBGGY (15.41%). In terms of maximum drawdown, AKRBY dropped -33.82% vs KBGGY's -68.35%.

Which has better risk-adjusted returns?

AKRBY currently has the higher Sharpe Ratio (1.25 vs 0.16), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.