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HP3A.DE vs. DAXX.L
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

HP3A.DE vs. DAXX.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Ringmetall SE (HP3A.DE) and Lyxor DAX (DR) UCITS ETF - Acc (DAXX.L). The values are adjusted to include any dividend payments, if applicable.

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HP3A.DE vs. DAXX.L - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
HP3A.DE
Ringmetall SE
-2.17%-18.40%17.31%-24.00%-3.06%79.66%-4.03%-6.38%-27.19%31.87%
DAXX.L
Lyxor DAX (DR) UCITS ETF - Acc
-5.68%21.78%18.64%19.60%-12.45%14.55%3.71%23.53%-18.09%11.87%
Different Trading Currencies

HP3A.DE is traded in EUR, while DAXX.L is traded in GBp. To make them comparable, the DAXX.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, HP3A.DE achieves a -2.17% return, which is significantly higher than DAXX.L's -5.68% return. Over the past 10 years, HP3A.DE has underperformed DAXX.L with an annualized return of 7.52%, while DAXX.L has yielded a comparatively higher 8.40% annualized return.


HP3A.DE

1D
-0.74%
1M
-6.25%
YTD
-2.17%
6M
-6.25%
1Y
-19.48%
3Y*
-5.86%
5Y*
3.01%
10Y*
7.52%

DAXX.L

1D
-0.53%
1M
-2.83%
YTD
-5.68%
6M
-5.46%
1Y
2.32%
3Y*
13.50%
5Y*
8.33%
10Y*
8.40%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

HP3A.DE vs. DAXX.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HP3A.DE
HP3A.DE Risk / Return Rank: 1212
Overall Rank
HP3A.DE Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
HP3A.DE Sortino Ratio Rank: 1414
Sortino Ratio Rank
HP3A.DE Omega Ratio Rank: 1414
Omega Ratio Rank
HP3A.DE Calmar Ratio Rank: 66
Calmar Ratio Rank
HP3A.DE Martin Ratio Rank: 1010
Martin Ratio Rank

DAXX.L
DAXX.L Risk / Return Rank: 2424
Overall Rank
DAXX.L Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
DAXX.L Sortino Ratio Rank: 2222
Sortino Ratio Rank
DAXX.L Omega Ratio Rank: 2121
Omega Ratio Rank
DAXX.L Calmar Ratio Rank: 2525
Calmar Ratio Rank
DAXX.L Martin Ratio Rank: 2727
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HP3A.DE vs. DAXX.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ringmetall SE (HP3A.DE) and Lyxor DAX (DR) UCITS ETF - Acc (DAXX.L). 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.


HP3A.DEDAXX.LDifference

Sharpe ratio

Return per unit of total volatility

-0.59

0.13

-0.72

Sortino ratio

Return per unit of downside risk

-0.75

0.29

-1.04

Omega ratio

Gain probability vs. loss probability

0.90

1.04

-0.14

Calmar ratio

Return relative to maximum drawdown

-0.91

0.50

-1.41

Martin ratio

Return relative to average drawdown

-1.45

1.74

-3.20

HP3A.DE vs. DAXX.L - Sharpe Ratio Comparison

The current HP3A.DE Sharpe Ratio is -0.59, which is lower than the DAXX.L Sharpe Ratio of 0.13. The chart below compares the historical Sharpe Ratios of HP3A.DE and DAXX.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


HP3A.DEDAXX.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.59

0.13

-0.72

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.08

0.49

-0.41

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.21

0.45

-0.24

Sharpe Ratio (All Time)

Calculated using the full available price history

0.22

0.38

-0.17

Correlation

The correlation between HP3A.DE and DAXX.L is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

HP3A.DE vs. DAXX.L - Dividend Comparison

HP3A.DE's dividend yield for the trailing twelve months is around 3.70%, while DAXX.L has not paid dividends to shareholders.


TTM20252024202320222021202020192018201720162015
HP3A.DE
Ringmetall SE
3.70%3.62%2.87%3.27%2.17%1.38%2.43%2.27%2.08%1.24%1.62%3.07%
DAXX.L
Lyxor DAX (DR) UCITS ETF - Acc
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

HP3A.DE vs. DAXX.L - Drawdown Comparison

The maximum HP3A.DE drawdown since its inception was -65.99%, which is greater than DAXX.L's maximum drawdown of -39.44%. Use the drawdown chart below to compare losses from any high point for HP3A.DE and DAXX.L.


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Drawdown Indicators


HP3A.DEDAXX.LDifference

Max Drawdown

Largest peak-to-trough decline

-65.99%

-35.41%

-30.58%

Max Drawdown (1Y)

Largest decline over 1 year

-22.03%

-12.92%

-9.11%

Max Drawdown (5Y)

Largest decline over 5 years

-47.52%

-23.43%

-24.09%

Max Drawdown (10Y)

Largest decline over 10 years

-55.05%

-35.41%

-19.64%

Current Drawdown

Current decline from peak

-43.03%

-9.27%

-33.76%

Average Drawdown

Average peak-to-trough decline

-21.50%

-6.85%

-14.65%

Ulcer Index

Depth and duration of drawdowns from previous peaks

14.66%

3.48%

+11.18%

Volatility

HP3A.DE vs. DAXX.L - Volatility Comparison

Ringmetall SE (HP3A.DE) has a higher volatility of 11.37% compared to Lyxor DAX (DR) UCITS ETF - Acc (DAXX.L) at 6.70%. This indicates that HP3A.DE's price experiences larger fluctuations and is considered to be riskier than DAXX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


HP3A.DEDAXX.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.37%

6.70%

+4.67%

Volatility (6M)

Calculated over the trailing 6-month period

24.78%

11.35%

+13.43%

Volatility (1Y)

Calculated over the trailing 1-year period

33.37%

17.28%

+16.09%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

38.94%

16.96%

+21.98%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

37.16%

18.49%

+18.67%