DEC.L vs. RHM.DE
DEC.L (Diversified Energy Company plc) and RHM.DE (Rheinmetall AG) are both stocks. DEC.L operates in Oil & Gas E&P (Energy), while RHM.DE operates in Aerospace & Defense (Industrials). Over the past 5 years, DEC.L returned -9.49%/yr vs 71.88%/yr for RHM.DE. At a 0.11 correlation, their price movements are largely independent.
Performance
DEC.L vs. RHM.DE - Performance Comparison
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Different Trading Currencies
DEC.L is traded in GBp, while RHM.DE is traded in EUR. To make them comparable, the RHM.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, DEC.L achieves a -0.24% return, which is significantly higher than RHM.DE's -22.83% return.
DEC.L
- 1D
- -3.56%
- 1M
- -9.31%
- YTD
- -0.24%
- 6M
- -1.16%
- 1Y
- 7.92%
- 3Y*
- -11.49%
- 5Y*
- -9.49%
- 10Y*
- —
RHM.DE
- 1D
- -1.20%
- 1M
- 7.08%
- YTD
- -22.83%
- 6M
- -26.06%
- 1Y
- -29.32%
- 3Y*
- 71.36%
- 5Y*
- 71.88%
- 10Y*
- 39.71%
DEC.L vs. RHM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DEC.L Diversified Energy Company plc | -0.24% | -13.52% | 33.99% | -51.82% | 11.95% | -7.26% | 6.57% | -8.61% | 48.06% | 17.61% |
RHM.DE Rheinmetall AG | -22.83% | 168.55% | 107.08% | 53.69% | 140.63% | -8.70% | -7.49% | 28.50% | -24.99% | 61.76% |
Correlation
The correlation between DEC.L and RHM.DE 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 | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Feb 3, 2017 | 0.11 |
The correlation between DEC.L and RHM.DE shifts across timeframes, from -0.04 (1 year) to 0.11 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
DEC.L vs. RHM.DE — Risk / Return Rank
DEC.L
RHM.DE
DEC.L vs. RHM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Diversified Energy Company plc (DEC.L) and Rheinmetall AG (RHM.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.
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.
| DEC.L | RHM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.86 | ||
| Sortino ratioReturn per unit of downside risk | +1.29 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 0.91 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.31 | -0.67 | +0.98 |
| Martin ratioReturn relative to average drawdown | 0.59 | -1.46 | +2.05 |
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Drawdowns
DEC.L vs. RHM.DE - Drawdown Comparison
The maximum DEC.L drawdown since its inception was -70.01%, roughly equal to the maximum RHM.DE drawdown of -69.57%. Use the drawdown chart below to compare losses from any high point for DEC.L and RHM.DE.
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Drawdown Indicators
| DEC.L | RHM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.01% | -69.57% | -0.44% |
Max Drawdown (1Y)Largest decline over 1 year | -25.65% | -43.48% | +17.83% |
Max Drawdown (3Y)Largest decline over 3 years | -55.85% | -43.48% | -12.37% |
Max Drawdown (5Y)Largest decline over 5 years | -70.01% | -43.48% | -26.53% |
Max Drawdown (10Y)Largest decline over 10 years | — | -60.20% | — |
Current DrawdownCurrent decline from peak | -54.25% | -39.48% | -14.77% |
Average DrawdownAverage peak-to-trough decline | -27.57% | -20.49% | -7.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.39% | 20.01% | -6.62% |
Volatility
DEC.L vs. RHM.DE - Volatility Comparison
Diversified Energy Company plc (DEC.L) and Rheinmetall AG (RHM.DE) have volatilities of 10.81% and 11.21%, 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.
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Volatility by Period
| DEC.L | RHM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.81% | 11.21% | -0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 31.76% | 33.39% | -1.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.95% | 44.55% | -4.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.71% | 41.80% | -3.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.40% | 37.50% | -0.10% |
Dividends
DEC.L vs. RHM.DE - Dividend Comparison
DEC.L's dividend yield for the trailing twelve months is around 8.37%, more than RHM.DE's 0.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEC.L Diversified Energy Company plc | 8.37% | 8.15% | 7.96% | 0.93% | 0.44% | 0.41% | 0.39% | 0.42% | 0.25% | 0.17% | 0.00% | 0.00% |
RHM.DE Rheinmetall AG | 0.95% | 0.52% | 0.93% | 1.50% | 1.77% | 2.41% | 2.77% | 2.05% | 2.20% | 1.37% | 1.72% | 0.49% |
Financials
DEC.L vs. RHM.DE - Financials Comparison
This section allows you to compare key financial metrics between Diversified Energy Company plc and Rheinmetall AG. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
DEC.L and RHM.DE 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.
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