ALV.DE vs. GERD.DE
ALV.DE (Allianz SE) is a stock, while GERD.DE (L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc) is Global Equities fund tracking the Solactive Gerd Kommer Multifactor Equity. Over the past year, ALV.DE returned 9.74% vs 25.96% for GERD.DE. At a 0.39 correlation, their price movements are largely independent.
Performance
ALV.DE vs. GERD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ALV.DE achieves a -0.54% return, which is significantly lower than GERD.DE's 14.41% return.
ALV.DE
- 1D
- 0.73%
- 1M
- -1.05%
- YTD
- -0.54%
- 6M
- 5.91%
- 1Y
- 9.74%
- 3Y*
- 26.66%
- 5Y*
- 16.73%
- 10Y*
- 15.44%
GERD.DE
- 1D
- -0.18%
- 1M
- 4.16%
- YTD
- 14.41%
- 6M
- 16.30%
- 1Y
- 25.96%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ALV.DE vs. GERD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ALV.DE Allianz SE | -0.54% | 37.66% | 28.79% | 15.82% |
GERD.DE L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc | 14.41% | 10.26% | 18.54% | 7.85% |
Correlation
The correlation between ALV.DE and GERD.DE is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jun 22, 2023 | 0.39 |
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Return for Risk
ALV.DE vs. GERD.DE — Risk / Return Rank
ALV.DE
GERD.DE
ALV.DE vs. GERD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allianz SE (ALV.DE) and L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc (GERD.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.
| ALV.DE | GERD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.66 | ||
| Sortino ratioReturn per unit of downside risk | -2.12 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.39 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 0.81 | 3.92 | -3.11 |
| Martin ratioReturn relative to average drawdown | 2.05 | 15.42 | -13.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ALV.DE | GERD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.52 | 2.18 | -1.66 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 1.35 | -1.13 |
Drawdowns
ALV.DE vs. GERD.DE - Drawdown Comparison
The maximum ALV.DE drawdown since its inception was -89.53%, which is greater than GERD.DE's maximum drawdown of -19.22%. Use the drawdown chart below to compare losses from any high point for ALV.DE and GERD.DE.
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Drawdown Indicators
| ALV.DE | GERD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.53% | -19.22% | -70.31% |
Max Drawdown (1Y)Largest decline over 1 year | -12.35% | -6.61% | -5.74% |
Max Drawdown (3Y)Largest decline over 3 years | -12.35% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -27.52% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -48.71% | — | — |
Current DrawdownCurrent decline from peak | -5.04% | -0.19% | -4.85% |
Average DrawdownAverage peak-to-trough decline | -35.08% | -2.24% | -32.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.89% | 1.69% | +3.20% |
Volatility
ALV.DE vs. GERD.DE - Volatility Comparison
Allianz SE (ALV.DE) has a higher volatility of 5.68% compared to L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc (GERD.DE) at 3.18%. This indicates that ALV.DE's price experiences larger fluctuations and is considered to be riskier than GERD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALV.DE | GERD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.68% | 3.18% | +2.50% |
Volatility (6M)Calculated over the trailing 6-month period | 14.27% | 8.49% | +5.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.28% | 11.92% | +7.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.67% | 12.95% | +6.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.51% | 12.95% | +9.56% |
Dividends
ALV.DE vs. GERD.DE - Dividend Comparison
ALV.DE's dividend yield for the trailing twelve months is around 4.61%, while GERD.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALV.DE Allianz SE | 4.61% | 3.94% | 4.66% | 4.71% | 5.38% | 4.62% | 4.78% | 4.12% | 4.57% | 3.97% | 4.65% | 4.19% |
GERD.DE L&G Gerd Kommer Multifactor Equity UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ALV.DE and GERD.DE have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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