BAB.L vs. SAAB-B.ST

Last updated Jun 9, 2026

BAB.L (Babcock International Group plc) and SAAB-B.ST (Saab AB (publ)) are both stocks. Both are in the Industrials sector — BAB.L in Engineering & Construction, SAAB-B.ST in Aerospace & Defense. Over the past 10 years, BAB.L returned 2.11%/yr vs 25.37%/yr for SAAB-B.ST. At a 0.31 correlation, their price movements are largely independent.

Performance

BAB.L vs. SAAB-B.ST - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Babcock International Group plc (BAB.L) and Saab AB (publ) (SAAB-B.ST). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

BAB.L is traded in GBp, while SAAB-B.ST is traded in SEK. To make them comparable, the SAAB-B.ST values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, BAB.L achieves a -16.49% return, which is significantly lower than SAAB-B.ST's -3.68% return. Over the past 10 years, BAB.L has underperformed SAAB-B.ST with an annualized return of 2.11%, while SAAB-B.ST has yielded a comparatively higher 25.37% annualized return.

BAB.L

• 1D: 0.29%
• 1M: -1.38%
• YTD: -16.49%
• 6M: -11.73%
• 1Y: -1.13%
• 3Y*: 49.51%
• 5Y*: 29.01%
• 10Y*: 2.11%

SAAB-B.ST

• 1D: 1.86%
• 1M: -2.49%
• YTD: -3.68%
• 6M: 5.14%
• 1Y: 6.44%
• 3Y*: 57.26%
• 5Y*: 52.46%
• 10Y*: 25.37%

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

BAB.L vs. SAAB-B.ST - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BAB.L Babcock International Group plc	-16.49%	150.05%	27.98%	40.56%	-11.42%	13.83%	-55.53%	36.99%	-27.77%	-23.36%
SAAB-B.ST Saab AB (publ)	-3.68%	158.42%	43.80%	46.47%	74.98%	-10.31%	-6.79%	-3.78%	-17.66%	20.65%

Correlation

The correlation between BAB.L and SAAB-B.ST is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.63
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (10Y) Calculated over the trailing 10-year period	0.32
Correlation (All Time) Calculated using the full available price history since Jul 10, 2007	0.31

Over the past year, BAB.L and SAAB-B.ST have become more correlated (0.63) than their long-term average of 0.31, meaning their price movements have been converging.

Return for Risk

BAB.L vs. SAAB-B.ST — Risk / Return Rank

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

BAB.L

BAB.L Risk / Return Rank: 39
BAB.L Sharpe Ratio Rank: 41
BAB.L Sortino Ratio Rank: 36
BAB.L Omega Ratio Rank: 35
BAB.L Calmar Ratio Rank: 41
BAB.L Martin Ratio Rank: 40

SAAB-B.ST

SAAB-B.ST Risk / Return Rank: 46
SAAB-B.ST Sharpe Ratio Rank: 48
SAAB-B.ST Sortino Ratio Rank: 45
SAAB-B.ST Omega Ratio Rank: 44
SAAB-B.ST Calmar Ratio Rank: 47
SAAB-B.ST Martin Ratio Rank: 48

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.

BAB.L vs. SAAB-B.ST - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Babcock International Group plc (BAB.L) and Saab AB (publ) (SAAB-B.ST). 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.

	BAB.L	SAAB-B.ST	Difference
Sharpe ratio: Return per unit of total volatility	-0.03	0.25	-0.28
Sortino ratio: Return per unit of downside risk	0.20	0.70	-0.50
Omega ratio: Gain probability vs. loss probability	1.02	1.08	-0.06
Calmar ratio: Return relative to maximum drawdown	-0.03	0.34	-0.37
Martin ratio: Return relative to average drawdown	-0.08	0.88	-0.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BAB.L vs. SAAB-B.ST - Sharpe Ratio Comparison

The current BAB.L Sharpe Ratio is -0.03, which is lower than the SAAB-B.ST Sharpe Ratio of 0.25. The chart below compares the historical Sharpe Ratios of BAB.L and SAAB-B.ST, 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

	BAB.L	SAAB-B.ST	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.03	0.25	-0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.87	1.31	-0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.06	0.69	-0.64
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.46	-0.17

Drawdowns

BAB.L vs. SAAB-B.ST - Drawdown Comparison

The maximum BAB.L drawdown since its inception was -80.40%, which is greater than SAAB-B.ST's maximum drawdown of -73.07%. Use the drawdown chart below to compare losses from any high point for BAB.L and SAAB-B.ST.

Drawdown Indicators

	BAB.L	SAAB-B.ST	Difference
Max Drawdown Largest peak-to-trough decline	-80.40%	-73.07%	-7.33%
Max Drawdown (1Y) Largest decline over 1 year	-36.28%	-35.41%	-0.87%
Max Drawdown (3Y) Largest decline over 3 years	-36.28%	-35.41%	-0.87%
Max Drawdown (5Y) Largest decline over 5 years	-36.28%	-35.41%	-0.87%
Max Drawdown (10Y) Largest decline over 10 years	-79.18%	-63.07%	-16.11%
Current Drawdown Current decline from peak	-30.89%	-29.71%	-1.18%
Average Drawdown Average peak-to-trough decline	-28.15%	-19.88%	-8.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.04%	13.37%	+0.67%

Volatility

BAB.L vs. SAAB-B.ST - Volatility Comparison

The current volatility for Babcock International Group plc (BAB.L) is 11.68%, while Saab AB (publ) (SAAB-B.ST) has a volatility of 15.11%. This indicates that BAB.L experiences smaller price fluctuations and is considered to be less risky than SAAB-B.ST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BAB.L	SAAB-B.ST	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.68%	15.11%	-3.43%
Volatility (6M) Calculated over the trailing 6-month period	25.79%	31.01%	-5.22%
Volatility (1Y) Calculated over the trailing 1-year period	34.92%	47.99%	-13.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.56%	40.28%	-6.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.38%	36.67%	-0.29%

Dividends

BAB.L vs. SAAB-B.ST - Dividend Comparison

BAB.L's dividend yield for the trailing twelve months is around 0.67%, more than SAAB-B.ST's 0.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BAB.L Babcock International Group plc	0.67%	0.56%	1.06%	0.43%	0.00%	0.00%	0.00%	4.78%	6.08%	4.04%	2.75%	2.38%
SAAB-B.ST Saab AB (publ)	0.42%	0.37%	0.68%	0.87%	1.19%	2.04%	7.85%	1.43%	1.65%	1.32%	1.47%	1.82%

Financials

Frequently Asked Questions

Can I hold both BAB.L and SAAB-B.ST in my portfolio?

BAB.L and SAAB-B.ST have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.