CETX vs. ADDHY

Last updated Jun 3, 2026

CETX (Cemtrex Inc) and ADDHY (Addtech AB (publ.)) are both stocks. CETX operates in Software - Infrastructure (Technology), while ADDHY operates in Industrial Distribution (Industrials). Over the past 3 years, CETX returned -98.55%/yr vs 19.80%/yr for ADDHY. At a correlation of -0.02, they often move in opposite directions.

Performance

CETX vs. ADDHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cemtrex Inc (CETX) and Addtech AB (publ.) (ADDHY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CETX achieves a -64.05% return, which is significantly lower than ADDHY's -1.89% return.

CETX

• 1D: -3.34%
• 1M: -15.36%
• YTD: -64.05%
• 6M: -66.87%
• 1Y: -93.79%
• 3Y*: -98.55%
• 5Y*: -94.31%
• 10Y*: -81.86%

ADDHY

• 1D: 1.33%
• 1M: -3.54%
• YTD: -1.89%
• 6M: 4.62%
• 1Y: 1.54%
• 3Y*: 19.80%
• 5Y*: —
• 10Y*: —

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

CETX vs. ADDHY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CETX Cemtrex Inc	-64.05%	-94.03%	-99.97%	-47.43%
ADDHY Addtech AB (publ.)	-1.89%	31.05%	47.80%	7.95%

Correlation

The correlation between CETX and ADDHY is -0.04, 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	-0.04
Correlation (3Y) Calculated over the trailing 3-year period	-0.02
Correlation (All Time) Calculated using the full available price history since Feb 9, 2023	-0.02

Return for Risk

CETX vs. ADDHY — Risk / Return Rank

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

CETX

CETX Risk / Return Rank: 10
CETX Sharpe Ratio Rank: 19
CETX Sortino Ratio Rank: 7
CETX Omega Ratio Rank: 9
CETX Calmar Ratio Rank: 3
CETX Martin Ratio Rank: 12

ADDHY

ADDHY Risk / Return Rank: 31
ADDHY Sharpe Ratio Rank: 42
ADDHY Sortino Ratio Rank: 37
ADDHY Omega Ratio Rank: 38
ADDHY Calmar Ratio Rank: 23
ADDHY Martin Ratio Rank: 15

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.

CETX vs. ADDHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cemtrex Inc (CETX) and Addtech AB (publ.) (ADDHY). 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.

	CETX	ADDHY	Difference
Sharpe ratio Return per unit of total volatility	-0.48	0.04	-0.52
Sortino ratio Return per unit of downside risk	-1.32	0.34	-1.66
Omega ratio Gain probability vs. loss probability	0.85	1.05	-0.20
Calmar ratio Return relative to maximum drawdown	-0.96	-0.51	-0.45
Martin ratio Return relative to average drawdown	-1.26	-1.16	-0.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CETX vs. ADDHY - Sharpe Ratio Comparison

The current CETX Sharpe Ratio is -0.48, which is lower than the ADDHY Sharpe Ratio of 0.04. The chart below compares the historical Sharpe Ratios of CETX and ADDHY, 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

	CETX	ADDHY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.48	0.04	-0.52
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.66	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.59	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.59	0.47	-1.06

Drawdowns

CETX vs. ADDHY - Drawdown Comparison

The maximum CETX drawdown since its inception was -100.00%, which is greater than ADDHY's maximum drawdown of -31.13%. Use the drawdown chart below to compare losses from any high point for CETX and ADDHY.

Drawdown Indicators

	CETX	ADDHY	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	-31.13%	-68.87%
Max Drawdown (1Y) Largest decline over 1 year	-97.47%	-18.10%	-79.37%
Max Drawdown (3Y) Largest decline over 3 years	-100.00%	-31.13%	-68.87%
Max Drawdown (5Y) Largest decline over 5 years	-100.00%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-100.00%	—	—
Current Drawdown Current decline from peak	-100.00%	-13.72%	-86.28%
Average Drawdown Average peak-to-trough decline	-83.25%	-9.59%	-73.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	74.04%	7.92%	+66.12%

Volatility

CETX vs. ADDHY - Volatility Comparison

Cemtrex Inc (CETX) has a higher volatility of 25.67% compared to Addtech AB (publ.) (ADDHY) at 13.70%. This indicates that CETX's price experiences larger fluctuations and is considered to be riskier than ADDHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CETX	ADDHY	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.67%	13.70%	+11.97%
Volatility (6M) Calculated over the trailing 6-month period	143.99%	31.70%	+112.29%
Volatility (1Y) Calculated over the trailing 1-year period	194.41%	41.96%	+152.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	142.65%	52.38%	+90.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	139.41%	52.38%	+87.03%

Dividends

CETX vs. ADDHY - Dividend Comparison

CETX has not paid dividends to shareholders, while ADDHY's dividend yield for the trailing twelve months is around 0.97%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ADDHY Addtech AB (publ.)	0.97%	0.95%	0.98%	1.28%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CETX Cemtrex Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.78%

Financials

Frequently Asked Questions

Can I hold both CETX and ADDHY in my portfolio?

CETX and ADDHY have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CETX or ADDHY?

CETX has higher volatility (25.67%) compared to ADDHY (13.70%). In terms of maximum drawdown, CETX dropped -100.00% vs ADDHY's -31.13%.

Which has better risk-adjusted returns?

ADDHY currently has the higher Sharpe Ratio (0.04 vs -0.48), 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.