DLAKY vs. NHYDY
DLAKY (Deutsche Lufthansa AG ADR) and NHYDY (Norsk Hydro ASA ADR) are both stocks. DLAKY operates in Airlines (Industrials), while NHYDY operates in Aluminum (Basic Materials). Over the past 10 years, DLAKY returned 4.03%/yr vs 13.93%/yr for NHYDY. At a 0.29 correlation, their price movements are largely independent.
Performance
DLAKY vs. NHYDY - Performance Comparison
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Returns By Period
In the year-to-date period, DLAKY achieves a 15.29% return, which is significantly lower than NHYDY's 16.14% return. Over the past 10 years, DLAKY has underperformed NHYDY with an annualized return of 4.03%, while NHYDY has yielded a comparatively higher 13.93% annualized return.
DLAKY
- 1D
- 1.40%
- 1M
- 10.26%
- 6M
- 9.85%
- YTD
- 15.29%
- 1Y
- 31.24%
- 3Y*
- 7.58%
- 5Y*
- 7.72%
- 10Y*
- 4.03%
NHYDY
- 1D
- -0.68%
- 1M
- -24.29%
- 6M
- 10.45%
- YTD
- 16.14%
- 1Y
- 48.42%
- 3Y*
- 16.47%
- 5Y*
- 12.04%
- 10Y*
- 13.93%
DLAKY vs. NHYDY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DLAKY Deutsche Lufthansa AG ADR | 15.29% | 60.31% | -23.97% | 6.86% | 15.50% | -23.86% | -27.66% | -18.63% | -36.12% | 191.82% |
NHYDY Norsk Hydro ASA ADR | 16.14% | 47.30% | -14.94% | -4.18% | 5.95% | 76.35% | 34.91% | -15.68% | -38.01% | 65.31% |
Correlation
The correlation between DLAKY and NHYDY is 0.10, 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 | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.29 |
The correlation between DLAKY and NHYDY shifts across timeframes, from 0.10 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.
Fundamentals
DLAKY:
$13.04B
NHYDY:
$17.28B
DLAKY:
€1.29
NHYDY:
NOK 3.10
DLAKY:
7.36
NHYDY:
27.48
DLAKY:
0.41
NHYDY:
1.14
DLAKY:
0.28
NHYDY:
0.84
DLAKY:
0.92
NHYDY:
1.63
DLAKY:
€40.27B
NHYDY:
NOK 201.27B
DLAKY:
€5.21B
NHYDY:
NOK 60.54B
DLAKY:
€4.00B
NHYDY:
NOK 24.40B
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Return for Risk
DLAKY vs. NHYDY — Risk / Return Rank
DLAKY
NHYDY
DLAKY vs. NHYDY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deutsche Lufthansa AG ADR (DLAKY) and Norsk Hydro ASA ADR (NHYDY). 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.
| DLAKY | NHYDY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.61 | ||
| Sortino ratioReturn per unit of downside risk | -0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.24 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | 1.43 | -0.30 |
| Martin ratioReturn relative to average drawdown | 2.56 | 5.78 | -3.23 |
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Drawdowns
DLAKY vs. NHYDY - Drawdown Comparison
The maximum DLAKY drawdown since its inception was -78.13%, which is greater than NHYDY's maximum drawdown of -73.90%. Use the drawdown chart below to compare losses from any high point for DLAKY and NHYDY.
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Drawdown Indicators
| DLAKY | NHYDY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.13% | -73.90% | -4.23% |
Max Drawdown (1Y)Largest decline over 1 year | -25.91% | -33.64% | +7.73% |
Max Drawdown (3Y)Largest decline over 3 years | -40.45% | -33.64% | -6.81% |
Max Drawdown (5Y)Largest decline over 5 years | -48.49% | -46.67% | -1.82% |
Max Drawdown (10Y)Largest decline over 10 years | -78.13% | -73.90% | -4.23% |
Current DrawdownCurrent decline from peak | -50.82% | -32.57% | -18.25% |
Average DrawdownAverage peak-to-trough decline | -41.10% | -25.23% | -15.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.43% | 8.31% | +3.12% |
Volatility
DLAKY vs. NHYDY - Volatility Comparison
The current volatility for Deutsche Lufthansa AG ADR (DLAKY) is 11.22%, while Norsk Hydro ASA ADR (NHYDY) has a volatility of 12.35%. This indicates that DLAKY experiences smaller price fluctuations and is considered to be less risky than NHYDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DLAKY | NHYDY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.22% | 12.35% | -1.13% |
Volatility (6M)Calculated over the trailing 6-month period | 29.21% | 29.84% | -0.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.48% | 34.11% | +2.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.69% | 39.37% | -2.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.08% | 39.38% | -0.30% |
Dividends
DLAKY vs. NHYDY - Dividend Comparison
DLAKY's dividend yield for the trailing twelve months is around 3.52%, less than NHYDY's 3.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
DLAKY Deutsche Lufthansa AG ADR | 3.52% | 3.37% | 5.08% | 0.00% | 0.00% | 41.35% | 0.00% | 3.53% | 3.10% | 1.07% | 3.03% |
NHYDY Norsk Hydro ASA ADR | 3.62% | 2.65% | 4.30% | 8.10% | 9.59% | 1.86% | 5.44% | 3.92% | 4.96% | 1.91% | 2.60% |
Financials
DLAKY vs. NHYDY - Financials Comparison
This section allows you to compare key financial metrics between Deutsche Lufthansa AG ADR and Norsk Hydro ASA ADR. 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
DLAKY vs. NHYDY - Profitability Comparison
DLAKY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Deutsche Lufthansa AG ADR reported a gross profit of 346.61M and revenue of 8.89B. Therefore, the gross margin over that period was 3.9%.
NHYDY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Norsk Hydro ASA ADR reported a gross profit of 16.09B and revenue of 50.39B. Therefore, the gross margin over that period was 31.9%.
DLAKY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Deutsche Lufthansa AG ADR reported an operating income of -970.70M and revenue of 8.89B, resulting in an operating margin of -10.9%.
NHYDY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Norsk Hydro ASA ADR reported an operating income of 9.11B and revenue of 50.39B, resulting in an operating margin of 18.1%.
DLAKY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Deutsche Lufthansa AG ADR reported a net income of -675.94M and revenue of 8.89B, resulting in a net margin of -7.6%.
NHYDY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Norsk Hydro ASA ADR reported a net income of 4.24B and revenue of 50.39B, resulting in a net margin of 8.4%.
Frequently Asked Questions
DLAKY and NHYDY have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NHYDY has higher volatility (12.35%) compared to DLAKY (11.22%). In terms of maximum drawdown, DLAKY dropped -78.13% vs NHYDY's -73.90%.
NHYDY currently has the higher Sharpe Ratio (1.41 vs 0.80), 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.
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