KBGGY vs. EEM
KBGGY (Kongsberg Gruppen ASA) is a stock, while EEM (iShares MSCI Emerging Markets ETF) is Emerging Markets Diversified fund tracking the MSCI Emerging Markets Index (Net). Over the past 3 years, KBGGY returned 63.45%/yr vs 22.63%/yr for EEM. At a 0.13 correlation, their price movements are largely independent.
Performance
KBGGY vs. EEM - Performance Comparison
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Returns By Period
In the year-to-date period, KBGGY achieves a 38.69% return, which is significantly higher than EEM's 23.56% return.
KBGGY
- 1D
- -4.04%
- 1M
- -12.15%
- YTD
- 38.69%
- 6M
- 34.77%
- 1Y
- -4.06%
- 3Y*
- 63.45%
- 5Y*
- —
- 10Y*
- —
EEM
- 1D
- 0.12%
- 1M
- 2.61%
- YTD
- 23.56%
- 6M
- 24.22%
- 1Y
- 43.09%
- 3Y*
- 22.63%
- 5Y*
- 6.39%
- 10Y*
- 9.88%
KBGGY vs. EEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
KBGGY Kongsberg Gruppen ASA | 38.69% | 19.00% | 164.60% | -2.54% |
EEM iShares MSCI Emerging Markets ETF | 23.56% | 33.98% | 6.49% | 6.01% |
Correlation
The correlation between KBGGY and EEM is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since May 19, 2023 | 0.13 |
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Return for Risk
KBGGY vs. EEM — Risk / Return Rank
KBGGY
EEM
KBGGY vs. EEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kongsberg Gruppen ASA (KBGGY) and iShares MSCI Emerging Markets ETF (EEM). 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.
| KBGGY | EEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.99 | ||
| Sortino ratioReturn per unit of downside risk | -2.21 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.37 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | -0.10 | 3.20 | -3.30 |
| Martin ratioReturn relative to average drawdown | -0.20 | 11.68 | -11.88 |
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Drawdowns
KBGGY vs. EEM - Drawdown Comparison
The maximum KBGGY drawdown since its inception was -68.35%, roughly equal to the maximum EEM drawdown of -66.43%. Use the drawdown chart below to compare losses from any high point for KBGGY and EEM.
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Drawdown Indicators
| KBGGY | EEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.35% | -66.43% | -1.92% |
Max Drawdown (1Y)Largest decline over 1 year | -40.44% | -13.52% | -26.92% |
Max Drawdown (3Y)Largest decline over 3 years | -68.35% | -17.29% | -51.06% |
Max Drawdown (5Y)Largest decline over 5 years | — | -37.49% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.82% | — |
Current DrawdownCurrent decline from peak | -50.30% | -5.56% | -44.74% |
Average DrawdownAverage peak-to-trough decline | -20.50% | -15.99% | -4.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.81% | 3.70% | +17.11% |
Volatility
KBGGY vs. EEM - Volatility Comparison
The current volatility for Kongsberg Gruppen ASA (KBGGY) is 11.40%, while iShares MSCI Emerging Markets ETF (EEM) has a volatility of 12.59%. This indicates that KBGGY experiences smaller price fluctuations and is considered to be less risky than EEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KBGGY | EEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.40% | 12.59% | -1.19% |
Volatility (6M)Calculated over the trailing 6-month period | 37.44% | 20.71% | +16.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.82% | 22.76% | +30.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.30% | 19.55% | +41.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.30% | 20.67% | +40.63% |
Dividends
KBGGY vs. EEM - Dividend Comparison
KBGGY's dividend yield for the trailing twelve months is around 27.41%, more than EEM's 1.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EEM iShares MSCI Emerging Markets ETF | 1.66% | 2.22% | 2.43% | 2.63% | 2.50% | 1.99% | 1.45% | 2.76% | 2.24% | 1.89% | 1.89% | 2.49% |
KBGGY Kongsberg Gruppen ASA | 27.41% | 5.82% | 1.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
KBGGY and EEM have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EEM has higher volatility (12.59%) compared to KBGGY (11.40%). In terms of maximum drawdown, KBGGY dropped -68.35% vs EEM's -66.43%.
EEM currently has the higher Sharpe Ratio (1.91 vs -0.08), 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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