KBGGY vs. MTX.DE
KBGGY (Kongsberg Gruppen ASA) and MTX.DE (MTU Aero Engines AG) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 3 years, KBGGY returned 70.31%/yr vs 15.38%/yr for MTX.DE. At a 0.20 correlation, their price movements are largely independent.
Performance
KBGGY vs. MTX.DE - Performance Comparison
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Different Trading Currencies
KBGGY is traded in USD, while MTX.DE is traded in EUR. To make them comparable, the MTX.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, KBGGY achieves a 56.88% return, which is significantly higher than MTX.DE's -15.42% return.
KBGGY
- 1D
- 1.71%
- 1M
- -0.75%
- YTD
- 56.88%
- 6M
- 59.13%
- 1Y
- -42.18%
- 3Y*
- 70.31%
- 5Y*
- —
- 10Y*
- —
MTX.DE
- 1D
- 2.35%
- 1M
- -2.90%
- YTD
- -15.42%
- 6M
- -14.57%
- 1Y
- -12.83%
- 3Y*
- 15.38%
- 5Y*
- 7.80%
- 10Y*
- 15.56%
KBGGY vs. MTX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
KBGGY Kongsberg Gruppen ASA | 56.88% | 19.00% | 164.60% | -2.54% |
MTX.DE MTU Aero Engines AG | -15.42% | 25.41% | 56.84% | -13.10% |
Correlation
The correlation between KBGGY and MTX.DE is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since May 22, 2023 | 0.20 |
The correlation between KBGGY and MTX.DE shifts across timeframes, from 0.20 (3 years) to 0.30 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
KBGGY vs. MTX.DE — Risk / Return Rank
KBGGY
MTX.DE
KBGGY vs. MTX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kongsberg Gruppen ASA (KBGGY) and MTU Aero Engines AG (MTX.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.
| KBGGY | MTX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.37 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 0.96 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.62 | -0.41 | -0.21 |
| Martin ratioReturn relative to average drawdown | -0.79 | -1.02 | +0.23 |
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
| KBGGY | MTX.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.69 | -0.39 | -0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.24 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.44 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 0.31 | +0.79 |
Drawdowns
KBGGY vs. MTX.DE - Drawdown Comparison
The maximum KBGGY drawdown since its inception was -68.35%, smaller than the maximum MTX.DE drawdown of -75.79%. Use the drawdown chart below to compare losses from any high point for KBGGY and MTX.DE.
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Drawdown Indicators
| KBGGY | MTX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.35% | -75.79% | +7.44% |
Max Drawdown (1Y)Largest decline over 1 year | -68.35% | -32.27% | -36.08% |
Max Drawdown (3Y)Largest decline over 3 years | -68.35% | -34.43% | -33.92% |
Max Drawdown (5Y)Largest decline over 5 years | — | -43.53% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -63.68% | — |
Current DrawdownCurrent decline from peak | -43.78% | -25.54% | -18.24% |
Average DrawdownAverage peak-to-trough decline | -20.13% | -16.46% | -3.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 53.62% | 13.07% | +40.55% |
Volatility
KBGGY vs. MTX.DE - Volatility Comparison
Kongsberg Gruppen ASA (KBGGY) and MTU Aero Engines AG (MTX.DE) have volatilities of 13.48% and 13.52%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KBGGY | MTX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.48% | 13.52% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 38.07% | 29.55% | +8.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.43% | 34.44% | +26.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.61% | 32.62% | +28.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.61% | 35.43% | +26.18% |
Dividends
KBGGY vs. MTX.DE - Dividend Comparison
KBGGY's dividend yield for the trailing twelve months is around 24.23%, more than MTX.DE's 1.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KBGGY Kongsberg Gruppen ASA | 24.23% | 5.82% | 1.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MTX.DE MTU Aero Engines AG | 1.20% | 0.62% | 0.62% | 1.64% | 1.04% | 0.70% | 1.61% | 1.12% | 1.45% | 1.27% | 1.55% | 1.61% |
Financials
KBGGY vs. MTX.DE - Financials Comparison
This section allows you to compare key financial metrics between Kongsberg Gruppen ASA and MTU Aero Engines 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
KBGGY and MTX.DE have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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