EVK.DE vs. 8TRA.DE
EVK.DE (Evonik Industries AG) and 8TRA.DE (Traton SE) are both stocks. EVK.DE operates in Specialty Chemicals (Basic Materials), while 8TRA.DE operates in Farm & Heavy Construction Machinery (Industrials). Over the past 5 years, EVK.DE returned -6.26%/yr vs 8.31%/yr for 8TRA.DE. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
EVK.DE vs. 8TRA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EVK.DE achieves a 25.51% return, which is significantly higher than 8TRA.DE's 13.44% return.
EVK.DE
- 1D
- -0.13%
- 1M
- -4.01%
- YTD
- 25.51%
- 6M
- 28.99%
- 1Y
- -12.53%
- 3Y*
- 0.69%
- 5Y*
- -6.26%
- 10Y*
- -0.20%
8TRA.DE
- 1D
- -0.40%
- 1M
- 3.65%
- YTD
- 13.44%
- 6M
- 17.29%
- 1Y
- 17.77%
- 3Y*
- 26.36%
- 5Y*
- 8.31%
- 10Y*
- —
EVK.DE vs. 8TRA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EVK.DE Evonik Industries AG | 25.51% | -15.19% | -3.87% | 10.02% | -33.98% | 10.96% | 3.01% | 3.97% |
8TRA.DE Traton SE | 13.44% | 15.26% | 37.52% | 56.70% | -34.24% | -1.13% | 0.30% | -2.29% |
Correlation
The correlation between EVK.DE and 8TRA.DE is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Nov 8, 2019 | 0.51 |
The correlation between EVK.DE and 8TRA.DE shifts across timeframes, from 0.37 (1 year) to 0.51 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
EVK.DE vs. 8TRA.DE — Risk / Return Rank
EVK.DE
8TRA.DE
EVK.DE vs. 8TRA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Evonik Industries AG (EVK.DE) and Traton SE (8TRA.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.
| EVK.DE | 8TRA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.93 | ||
| Sortino ratioReturn per unit of downside risk | -1.47 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.10 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | 0.70 | -1.04 |
| Martin ratioReturn relative to average drawdown | -0.56 | 1.36 | -1.92 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EVK.DE | 8TRA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.45 | 0.47 | -0.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.24 | 0.24 | -0.49 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.01 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.04 | 0.25 | -0.29 |
Drawdowns
EVK.DE vs. 8TRA.DE - Drawdown Comparison
The maximum EVK.DE drawdown since its inception was -51.49%, smaller than the maximum 8TRA.DE drawdown of -56.67%. Use the drawdown chart below to compare losses from any high point for EVK.DE and 8TRA.DE.
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Drawdown Indicators
| EVK.DE | 8TRA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.49% | -56.67% | +5.18% |
Max Drawdown (1Y)Largest decline over 1 year | -34.88% | -21.71% | -13.17% |
Max Drawdown (3Y)Largest decline over 3 years | -39.76% | -33.99% | -5.77% |
Max Drawdown (5Y)Largest decline over 5 years | -46.47% | -55.87% | +9.40% |
Max Drawdown (10Y)Largest decline over 10 years | -50.11% | — | — |
Current DrawdownCurrent decline from peak | -28.87% | -6.59% | -22.28% |
Average DrawdownAverage peak-to-trough decline | -20.38% | -21.83% | +1.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.51% | 11.18% | +10.33% |
Volatility
EVK.DE vs. 8TRA.DE - Volatility Comparison
Evonik Industries AG (EVK.DE) and Traton SE (8TRA.DE) have volatilities of 7.93% and 8.07%, 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
| EVK.DE | 8TRA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.93% | 8.07% | -0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 20.90% | 24.19% | -3.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.36% | 32.25% | -5.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.34% | 33.93% | -8.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.75% | 36.53% | -10.78% |
Dividends
EVK.DE vs. 8TRA.DE - Dividend Comparison
EVK.DE's dividend yield for the trailing twelve months is around 6.34%, while 8TRA.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
8TRA.DE Traton SE | 0.00% | 5.57% | 5.37% | 3.28% | 3.54% | 1.13% | 4.42% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EVK.DE Evonik Industries AG | 6.34% | 8.76% | 6.99% | 6.32% | 6.52% | 4.04% | 4.31% | 4.23% | 5.28% | 3.67% | 4.05% | 3.27% |
Financials
EVK.DE vs. 8TRA.DE - Financials Comparison
This section allows you to compare key financial metrics between Evonik Industries AG and Traton SE. 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
EVK.DE and 8TRA.DE have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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