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KBGGY vs. EEM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

KBGGY vs. EEM

Last updated Jun 5, 2026

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 69.28%/yr vs 23.47%/yr for EEM. At a 0.14 correlation, their price movements are largely independent.

Performance

KBGGY vs. EEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kongsberg Gruppen ASA (KBGGY) and iShares MSCI Emerging Markets ETF (EEM). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, KBGGY achieves a 54.06% return, which is significantly higher than EEM's 26.30% return.

KBGGY

1D
0.06%
1M
0.27%
YTD
54.06%
6M
61.01%
1Y
-36.53%
3Y*
69.28%
5Y*
—
10Y*
—

EEM

1D
-1.17%
1M
5.66%
YTD
26.30%
6M
29.01%
1Y
52.09%
3Y*
23.47%
5Y*
6.76%
10Y*
9.68%
*Multi-year figures are annualized to reflect compound growth (CAGR)

KBGGY vs. EEM - Yearly Performance Comparison

2026 (YTD)202520242023
KBGGY
Kongsberg Gruppen ASA		54.06%19.00%164.60%-2.54%
EEM
iShares MSCI Emerging Markets ETF		26.30%33.98%6.49%5.93%

Correlation

The correlation between KBGGY and EEM is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.18

Correlation (3Y)
Calculated over the trailing 3-year period

0.14

Correlation (All Time)
Calculated using the full available price history since May 22, 2023

0.14

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Kongsberg Gruppen ASA

iShares MSCI Emerging Markets ETF

Often compared with KBGGY:
KBGGY vs. SAABYKBGGY vs. RHM.DEKBGGY vs. AKRBYKBGGY vs. NVOKBGGY vs. CTASKBGGY vs. PGRKBGGY vs. TKMS.DE
Often compared with EEM:
EEM vs. VWOEEM vs. SPYEEM vs. IEMGEEM vs. IS3N.DEEEM vs. VXUSEEM vs. EEMSEEM vs. SPEM

Return for Risk

KBGGY vs. EEM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
KBGGY
KBGGY Risk / Return Rank: 2121
Overall Rank
KBGGY Sharpe Ratio Rank: 1616
Sharpe Ratio Rank
KBGGY Sortino Ratio Rank: 2020
Sortino Ratio Rank
KBGGY Omega Ratio Rank: 1919
Omega Ratio Rank
KBGGY Calmar Ratio Rank: 2323
Calmar Ratio Rank
KBGGY Martin Ratio Rank: 2929
Martin Ratio Rank
EEM
EEM Risk / Return Rank: 7979
Overall Rank
EEM Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
EEM Sortino Ratio Rank: 7777
Sortino Ratio Rank
EEM Omega Ratio Rank: 8181
Omega Ratio Rank
EEM Calmar Ratio Rank: 7878
Calmar Ratio Rank
EEM Martin Ratio Rank: 7878
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.

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.

KBGGYEEMDifference
Sharpe ratioReturn per unit of total volatility
-0.58
2.62

-3.20

Sortino ratioReturn per unit of downside risk
-0.51
3.42

-3.93

Omega ratioGain probability vs. loss probability

0.92

1.48

-0.55

Calmar ratioReturn relative to maximum drawdown

-0.54

3.87

-4.41

Martin ratioReturn relative to average drawdown

-0.68

14.91

-15.59

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KBGGY vs. EEM - Sharpe Ratio Comparison

The current KBGGY Sharpe Ratio is -0.58, which is lower than the EEM Sharpe Ratio of 2.62. The chart below compares the historical Sharpe Ratios of KBGGY and EEM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

KBGGYEEMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.58

2.62

-3.20

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.36

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.47

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.09

0.38

+0.71

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

KBGGYEEMDifference

Max Drawdown

Largest peak-to-trough decline

-68.35%

-66.43%

-1.92%

Max Drawdown (1Y)

Largest decline over 1 year

-68.35%

-13.52%

-54.83%

Max Drawdown (3Y)

Largest decline over 3 years

-68.35%

-17.29%

-51.06%

Max Drawdown (5Y)

Largest decline over 5 years

—

-37.71%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-39.82%

—

Current Drawdown

Current decline from peak

-44.79%

-2.40%

-42.39%

Average Drawdown

Average peak-to-trough decline

-20.07%

-16.02%

-4.05%

Ulcer Index

Depth and duration of drawdowns from previous peaks

53.47%

3.50%

+49.97%

Volatility

KBGGY vs. EEM - Volatility Comparison

Kongsberg Gruppen ASA (KBGGY) has a higher volatility of 15.75% compared to iShares MSCI Emerging Markets ETF (EEM) at 8.49%. This indicates that KBGGY's price experiences larger fluctuations and is considered to be riskier 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

KBGGYEEMDifference

Volatility (1M)

Calculated over the trailing 1-month period

15.75%

8.49%

+7.26%

Volatility (6M)

Calculated over the trailing 6-month period

38.10%

17.47%

+20.63%

Volatility (1Y)

Calculated over the trailing 1-year period

67.06%

20.02%

+47.04%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

61.68%

18.92%

+42.76%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

61.68%

20.50%

+41.18%

Dividends

KBGGY vs. EEM - Dividend Comparison

KBGGY's dividend yield for the trailing twelve months is around 24.67%, more than EEM's 1.76% yield.

PositionTTM20252024202320222021202020192018201720162015
EEM
iShares MSCI Emerging Markets ETF		1.76%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		24.67%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 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

KBGGY has higher volatility (15.75%) compared to EEM (8.49%). In terms of maximum drawdown, KBGGY dropped -68.35% vs EEM's -66.43%.

EEM currently has the higher Sharpe Ratio (2.62 vs -0.58), 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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