HAGHY vs. SGOV
HAGHY (Hensoldt AG) is a stock, while SGOV (iShares 0-3 Month Treasury Bond ETF) is Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Over the past 3 years, HAGHY returned 43.28%/yr vs 4.72%/yr for SGOV. At a 0.02 correlation, their price movements are largely independent.
Performance
HAGHY vs. SGOV - Performance Comparison
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Returns By Period
In the year-to-date period, HAGHY achieves a 4.58% return, which is significantly higher than SGOV's 1.55% return.
HAGHY
- 1D
- -1.53%
- 1M
- -4.67%
- YTD
- 4.58%
- 6M
- 13.65%
- 1Y
- -26.16%
- 3Y*
- 43.28%
- 5Y*
- —
- 10Y*
- —
SGOV
- 1D
- 0.03%
- 1M
- 0.31%
- YTD
- 1.55%
- 6M
- 1.79%
- 1Y
- 3.97%
- 3Y*
- 4.72%
- 5Y*
- 3.54%
- 10Y*
- —
HAGHY vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
HAGHY Hensoldt AG | 4.58% | 144.40% | 31.10% | 15.83% | -18.22% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.55% | 4.24% | 5.27% | 5.12% | 1.57% |
Correlation
The correlation between HAGHY and SGOV is -0.06, 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 | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Mar 3, 2022 | 0.02 |
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Return for Risk
HAGHY vs. SGOV — Risk / Return Rank
HAGHY
SGOV
HAGHY vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hensoldt AG (HAGHY) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
| HAGHY | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -20.80 | ||
| Sortino ratioReturn per unit of downside risk | -277.46 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 196.55 | -195.59 |
| Calmar ratioReturn relative to maximum drawdown | -0.61 | 400.29 | -400.90 |
| Martin ratioReturn relative to average drawdown | -1.02 | 4,485.40 | -4,486.42 |
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
| HAGHY | SGOV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.46 | 20.34 | -20.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 14.75 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 12.50 | -11.95 |
Drawdowns
HAGHY vs. SGOV - Drawdown Comparison
The maximum HAGHY drawdown since its inception was -42.91%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for HAGHY and SGOV.
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Drawdown Indicators
| HAGHY | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.91% | -0.03% | -42.88% |
Max Drawdown (1Y)Largest decline over 1 year | -42.91% | -0.01% | -42.90% |
Max Drawdown (3Y)Largest decline over 3 years | -42.91% | -0.01% | -42.90% |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.03% | — |
Current DrawdownCurrent decline from peak | -32.75% | 0.00% | -32.75% |
Average DrawdownAverage peak-to-trough decline | -20.38% | -0.00% | -20.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.76% | 0.00% | +25.76% |
Volatility
HAGHY vs. SGOV - Volatility Comparison
Hensoldt AG (HAGHY) has a higher volatility of 18.14% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.06%. This indicates that HAGHY's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HAGHY | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.14% | 0.06% | +18.08% |
Volatility (6M)Calculated over the trailing 6-month period | 40.73% | 0.13% | +40.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.38% | 0.20% | +57.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.66% | 0.24% | +56.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.66% | 0.24% | +56.42% |
Dividends
HAGHY vs. SGOV - Dividend Comparison
HAGHY's dividend yield for the trailing twelve months is around 0.72%, less than SGOV's 3.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
HAGHY Hensoldt AG | 0.72% | 0.63% | 1.20% | 1.19% | 1.10% | 0.00% | 0.00% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.85% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% |
Frequently Asked Questions
HAGHY and SGOV have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HAGHY has higher volatility (18.14%) compared to SGOV (0.06%). In terms of maximum drawdown, HAGHY dropped -42.91% vs SGOV's -0.03%.
SGOV currently has the higher Sharpe Ratio (20.34 vs -0.46), 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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