GNG.AX vs. FQT.DE
GNG.AX (GR Engineering Services Limited) and FQT.DE (Frequentis AG) are both stocks. GNG.AX operates in Engineering & Construction (Industrials), while FQT.DE operates in Communication Equipment (Technology). Over the past 5 years, GNG.AX returned 40.17%/yr vs 26.84%/yr for FQT.DE. At a 0.04 correlation, their price movements are largely independent.
Performance
GNG.AX vs. FQT.DE - Performance Comparison
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Different Trading Currencies
GNG.AX is traded in AUD, while FQT.DE is traded in EUR. To make them comparable, the FQT.DE values have been converted to AUD using the latest available exchange rates.
Returns By Period
In the year-to-date period, GNG.AX achieves a 23.82% return, which is significantly higher than FQT.DE's -1.55% return.
GNG.AX
- 1D
- -5.16%
- 1M
- 17.23%
- YTD
- 23.82%
- 6M
- 28.74%
- 1Y
- 102.34%
- 3Y*
- 47.98%
- 5Y*
- 40.17%
- 10Y*
- 27.10%
FQT.DE
- 1D
- 0.00%
- 1M
- -2.61%
- YTD
- -1.55%
- 6M
- 2.84%
- 1Y
- 52.03%
- 3Y*
- 38.20%
- 5Y*
- 26.84%
- 10Y*
- —
GNG.AX vs. FQT.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
GNG.AX GR Engineering Services Limited | 23.82% | 91.49% | 22.04% | 18.42% | 5.73% | 85.28% | 61.96% | -10.87% |
FQT.DE Frequentis AG | -1.55% | 185.41% | 2.55% | -0.69% | 7.93% | 44.71% | -9.20% | 11.94% |
Correlation
The correlation between GNG.AX and FQT.DE is -0.05, 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 | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since May 14, 2019 | 0.04 |
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Return for Risk
GNG.AX vs. FQT.DE — Risk / Return Rank
GNG.AX
FQT.DE
GNG.AX vs. FQT.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GR Engineering Services Limited (GNG.AX) and Frequentis AG (FQT.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.
| GNG.AX | FQT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.29 | ||
| Sortino ratioReturn per unit of downside risk | +1.09 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.18 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 3.63 | 1.62 | +2.01 |
| Martin ratioReturn relative to average drawdown | 9.04 | 2.88 | +6.17 |
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
| GNG.AX | FQT.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.20 | 0.91 | +1.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.11 | 0.70 | +0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.67 | -0.34 |
Drawdowns
GNG.AX vs. FQT.DE - Drawdown Comparison
The maximum GNG.AX drawdown since its inception was -80.75%, which is greater than FQT.DE's maximum drawdown of -32.90%. Use the drawdown chart below to compare losses from any high point for GNG.AX and FQT.DE.
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Drawdown Indicators
| GNG.AX | FQT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.75% | -32.90% | -47.85% |
Max Drawdown (1Y)Largest decline over 1 year | -27.29% | -32.01% | +4.72% |
Max Drawdown (3Y)Largest decline over 3 years | -27.29% | -32.01% | +4.72% |
Max Drawdown (5Y)Largest decline over 5 years | -27.29% | -32.90% | +5.61% |
Max Drawdown (10Y)Largest decline over 10 years | -61.73% | — | — |
Current DrawdownCurrent decline from peak | -9.52% | -21.63% | +12.11% |
Average DrawdownAverage peak-to-trough decline | -30.41% | -11.00% | -19.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.08% | 18.11% | -7.03% |
Volatility
GNG.AX vs. FQT.DE - Volatility Comparison
The current volatility for GR Engineering Services Limited (GNG.AX) is 13.32%, while Frequentis AG (FQT.DE) has a volatility of 21.91%. This indicates that GNG.AX experiences smaller price fluctuations and is considered to be less risky than FQT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GNG.AX | FQT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.32% | 21.91% | -8.59% |
Volatility (6M)Calculated over the trailing 6-month period | 34.94% | 37.87% | -2.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.17% | 57.18% | -12.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.00% | 37.66% | -1.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.01% | 35.10% | +5.91% |
Dividends
GNG.AX vs. FQT.DE - Dividend Comparison
GNG.AX's dividend yield for the trailing twelve months is around 2.18%, more than FQT.DE's 0.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FQT.DE Frequentis AG | 0.35% | 0.37% | 0.89% | 0.81% | 0.70% | 0.56% | 0.82% | 0.50% | 0.00% | 0.00% | 0.00% | 0.00% |
GNG.AX GR Engineering Services Limited | 2.18% | 4.94% | 7.69% | 8.56% | 9.31% | 5.71% | 4.92% | 7.50% | 10.28% | 3.47% | 7.35% | 6.41% |
Financials
GNG.AX vs. FQT.DE - Financials Comparison
This section allows you to compare key financial metrics between GR Engineering Services Limited and Frequentis 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
GNG.AX and FQT.DE have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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