DBOEY vs. EUAD

Last updated Aug 1, 2026

DBOEY (Deutsche Boerse AG ADR) is a stock, while EUAD (Select STOXX Europe Aerospace & Defense ETF) is Aerospace & Defense fund tracking the STOXX Europe Total Market Aerospace & Defense Index. Over the past year, DBOEY returned 4.37% vs 9.28% for EUAD. Their 0.19 correlation means their historical movements had little consistent relationship.

Performance

DBOEY vs. EUAD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Deutsche Boerse AG ADR (DBOEY) and Select STOXX Europe Aerospace & Defense ETF (EUAD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DBOEY achieves a 16.60% return, which is significantly higher than EUAD's 6.69% return.

DBOEY

• 1D: -0.66%
• 1M: 6.81%
• 6M: 21.40%
• YTD: 16.60%
• 1Y: 4.37%
• 3Y*: 19.35%
• 5Y*: 14.83%
• 10Y*: 16.02%
• ALL TIME*: 11.07%

EUAD

• 1D: 0.13%
• 1M: 1.35%
• 6M: -1.34%
• YTD: 6.69%
• 1Y: 9.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 36.45%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DBOEY Deutsche Boerse AG ADR	$4.58M	$15.02M	$11.43M
EUAD Select STOXX Europe Aerospace & Defense ETF	$7.44M	$7.38M	$13.85M

DBOEY vs. EUAD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DBOEY Deutsche Boerse AG ADR	16.60%	15.89%	-1.92%
EUAD Select STOXX Europe Aerospace & Defense ETF	6.69%	74.51%	-6.86%

Correlation

The correlation between DBOEY and EUAD is 0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.04
Correlation (All Time) Calculated using the full available price history since Oct 22, 2024	0.19

The correlation between DBOEY and EUAD shifts across timeframes, from 0.04 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.

Return for Risk

DBOEY vs. EUAD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DBOEY

DBOEY Risk / Return Rank: 51
DBOEY Sharpe Ratio Rank: 55
DBOEY Sortino Ratio Rank: 48
DBOEY Omega Ratio Rank: 46
DBOEY Calmar Ratio Rank: 52
DBOEY Martin Ratio Rank: 52

EUAD

EUAD Risk / Return Rank: 18
EUAD Sharpe Ratio Rank: 17
EUAD Sortino Ratio Rank: 19
EUAD Omega Ratio Rank: 18
EUAD Calmar Ratio Rank: 18
EUAD Martin Ratio Rank: 17

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DBOEY vs. EUAD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Deutsche Boerse AG ADR (DBOEY) and Select STOXX Europe Aerospace & Defense ETF (EUAD). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DBOEY	EUAD	Difference
Sharpe ratio: Return per unit of total volatility	0.26	0.29	-0.04
Sortino ratio: Return per unit of downside risk	0.57	0.64	-0.06
Omega ratio: Gain probability vs. loss probability	1.06	1.07	-0.01
Calmar ratio: Return relative to maximum drawdown	0.28	0.39	-0.11
Martin ratio: Return relative to average drawdown	0.54	0.83	-0.29

DBOEY vs. EUAD - Sharpe Ratio Comparison

The current DBOEY Sharpe Ratio is 0.26, which is comparable to the EUAD Sharpe Ratio of 0.29. The chart below compares the historical Sharpe Ratios of DBOEY and EUAD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DBOEY vs. EUAD - Drawdown Comparison

The maximum DBOEY drawdown since its inception was -56.48%, which is greater than EUAD's maximum drawdown of -22.04%. Use the drawdown chart below to compare losses from any high point for DBOEY and EUAD.

Drawdown Indicators

	DBOEY	EUAD	Difference
Max Drawdown Largest peak-to-trough decline	-56.48%	-22.04%	-34.44%
Max Drawdown (1Y) Largest decline over 1 year	-22.36%	-22.04%	-0.32%
Max Drawdown (3Y) Largest decline over 3 years	-28.71%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-28.71%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-38.66%	—	—
Current Drawdown Current decline from peak	-6.89%	-6.90%	+0.01%
Average Drawdown Average peak-to-trough decline	-12.96%	-6.32%	-6.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.34%	10.24%	+1.10%

Volatility

DBOEY vs. EUAD - Volatility Comparison

Deutsche Boerse AG ADR (DBOEY) and Select STOXX Europe Aerospace & Defense ETF (EUAD) have volatilities of 7.98% and 7.89%, 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.

Volatility by Period

	DBOEY	EUAD	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.98%	7.89%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	17.69%	24.38%	-6.69%
Volatility (1Y) Calculated over the trailing 1-year period	23.95%	29.09%	-5.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.33%	29.49%	-7.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.38%	29.49%	-6.11%

Dividends

DBOEY vs. EUAD - Dividend Comparison

DBOEY's dividend yield for the trailing twelve months is around 1.64%, more than EUAD's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DBOEY Deutsche Boerse AG ADR	1.64%	1.71%	1.76%	1.93%	2.05%	1.38%	1.21%	1.27%	1.64%	3.82%	5.49%	2.63%
EUAD Select STOXX Europe Aerospace & Defense ETF	0.38%	0.40%	0.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DBOEY and EUAD in my portfolio?

DBOEY and EUAD 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, DBOEY or EUAD?

DBOEY has higher volatility (7.98%) compared to EUAD (7.89%). In terms of maximum drawdown, DBOEY dropped -56.48% vs EUAD's -22.04%.

Which has better risk-adjusted returns?

EUAD currently has the higher Sharpe Ratio (0.29 vs 0.26), 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.