KBGGY vs. RR.L

Last updated Jun 9, 2026

KBGGY (Kongsberg Gruppen ASA) and RR.L (Rolls-Royce Holdings PLC) 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 108.75%/yr for RR.L. At a 0.20 correlation, their price movements are largely independent.

Performance

KBGGY vs. RR.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kongsberg Gruppen ASA (KBGGY) and Rolls-Royce Holdings PLC (RR.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

KBGGY is traded in USD, while RR.L is traded in GBp. To make them comparable, the RR.L 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 RR.L's 8.99% return.

KBGGY

• 1D: 1.71%
• 1M: -0.75%
• YTD: 56.88%
• 6M: 59.13%
• 1Y: -42.18%
• 3Y*: 70.31%
• 5Y*: —
• 10Y*: —

RR.L

• 1D: -0.03%
• 1M: 1.01%
• YTD: 8.99%
• 6M: 14.37%
• 1Y: 41.49%
• 3Y*: 108.75%
• 5Y*: 60.80%
• 10Y*: 19.65%

*Multi-year figures are annualized to reflect compound growth (CAGR)

KBGGY vs. RR.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
KBGGY Kongsberg Gruppen ASA	56.88%	19.00%	164.60%	-2.54%
RR.L Rolls-Royce Holdings PLC	8.99%	120.24%	86.56%	96.51%

Correlation

The correlation between KBGGY and RR.L is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
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 RR.L shifts across timeframes, from 0.20 (3 years) to 0.33 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

KBGGY vs. RR.L — Risk / Return Rank

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

KBGGY

KBGGY Risk / Return Rank: 18
KBGGY Sharpe Ratio Rank: 12
KBGGY Sortino Ratio Rank: 16
KBGGY Omega Ratio Rank: 14
KBGGY Calmar Ratio Rank: 20
KBGGY Martin Ratio Rank: 27

RR.L

RR.L Risk / Return Rank: 76
RR.L Sharpe Ratio Rank: 77
RR.L Sortino Ratio Rank: 74
RR.L Omega Ratio Rank: 71
RR.L Calmar Ratio Rank: 78
RR.L Martin Ratio Rank: 81

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. RR.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kongsberg Gruppen ASA (KBGGY) and Rolls-Royce Holdings PLC (RR.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.

	KBGGY	RR.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.69	1.10	-1.79
Sortino ratio: Return per unit of downside risk	-0.73	1.77	-2.50
Omega ratio: Gain probability vs. loss probability	0.89	1.21	-0.32
Calmar ratio: Return relative to maximum drawdown	-0.62	2.07	-2.69
Martin ratio: Return relative to average drawdown	-0.79	5.93	-6.72
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. RR.L - Sharpe Ratio Comparison

The current KBGGY Sharpe Ratio is -0.69, which is lower than the RR.L Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of KBGGY and RR.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	KBGGY	RR.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.69	1.10	-1.79
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.39	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.39	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.10	0.20	+0.90

Drawdowns

KBGGY vs. RR.L - Drawdown Comparison

The maximum KBGGY drawdown since its inception was -68.35%, smaller than the maximum RR.L drawdown of -92.32%. Use the drawdown chart below to compare losses from any high point for KBGGY and RR.L.

Drawdown Indicators

	KBGGY	RR.L	Difference
Max Drawdown Largest peak-to-trough decline	-68.35%	-92.32%	+23.97%
Max Drawdown (1Y) Largest decline over 1 year	-68.35%	-19.98%	-48.37%
Max Drawdown (3Y) Largest decline over 3 years	-68.35%	-23.51%	-44.84%
Max Drawdown (5Y) Largest decline over 5 years	—	-64.03%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-89.47%	—
Current Drawdown Current decline from peak	-43.78%	-7.50%	-36.28%
Average Drawdown Average peak-to-trough decline	-20.13%	-36.66%	+16.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	53.62%	6.97%	+46.65%

Volatility

KBGGY vs. RR.L - Volatility Comparison

Kongsberg Gruppen ASA (KBGGY) has a higher volatility of 13.48% compared to Rolls-Royce Holdings PLC (RR.L) at 12.27%. This indicates that KBGGY's price experiences larger fluctuations and is considered to be riskier than RR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KBGGY	RR.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.48%	12.27%	+1.21%
Volatility (6M) Calculated over the trailing 6-month period	38.07%	32.28%	+5.79%
Volatility (1Y) Calculated over the trailing 1-year period	61.43%	37.67%	+23.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.61%	43.89%	+17.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.61%	50.20%	+11.41%

Dividends

KBGGY vs. RR.L - Dividend Comparison

KBGGY's dividend yield for the trailing twelve months is around 24.23%, more than RR.L's 0.75% 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%
RR.L Rolls-Royce Holdings PLC	0.75%	0.91%	0.00%	0.00%	0.00%	0.00%	0.00%	1.71%	1.41%	0.54%	1.75%	4.06%

Financials

Frequently Asked Questions

Can I hold both KBGGY and RR.L in my portfolio?

KBGGY and RR.L have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.