KBGGY vs. URTH
KBGGY (Kongsberg Gruppen ASA) is a stock, while URTH (iShares MSCI World ETF) is Global Equities fund tracking the MSCI World Index (Net). Over the past 3 years, KBGGY returned 63.45%/yr vs 19.58%/yr for URTH. At a 0.17 correlation, their price movements are largely independent.
Performance
KBGGY vs. URTH - 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 URTH's 7.84% return.
KBGGY
- 1D
- -4.04%
- 1M
- -12.15%
- YTD
- 38.69%
- 6M
- 34.77%
- 1Y
- -4.06%
- 3Y*
- 63.45%
- 5Y*
- —
- 10Y*
- —
URTH
- 1D
- -0.22%
- 1M
- -1.09%
- YTD
- 7.84%
- 6M
- 6.72%
- 1Y
- 21.36%
- 3Y*
- 19.58%
- 5Y*
- 11.18%
- 10Y*
- 13.42%
KBGGY vs. URTH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
KBGGY Kongsberg Gruppen ASA | 38.69% | 19.00% | 164.60% | -2.54% |
URTH iShares MSCI World ETF | 7.84% | 21.36% | 18.66% | 12.53% |
Correlation
The correlation between KBGGY and URTH is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since May 19, 2023 | 0.17 |
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Return for Risk
KBGGY vs. URTH — Risk / Return Rank
KBGGY
URTH
KBGGY vs. URTH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kongsberg Gruppen ASA (KBGGY) and iShares MSCI World ETF (URTH). 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 | URTH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.78 | ||
| Sortino ratioReturn per unit of downside risk | -2.11 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.31 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | -0.10 | 2.37 | -2.47 |
| Martin ratioReturn relative to average drawdown | -0.20 | 10.42 | -10.62 |
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Drawdowns
KBGGY vs. URTH - Drawdown Comparison
The maximum KBGGY drawdown since its inception was -68.35%, which is greater than URTH's maximum drawdown of -34.01%. Use the drawdown chart below to compare losses from any high point for KBGGY and URTH.
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Drawdown Indicators
| KBGGY | URTH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.35% | -34.01% | -34.34% |
Max Drawdown (1Y)Largest decline over 1 year | -40.44% | -9.06% | -31.38% |
Max Drawdown (3Y)Largest decline over 3 years | -68.35% | -16.94% | -51.41% |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.05% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.01% | — |
Current DrawdownCurrent decline from peak | -50.30% | -2.84% | -47.46% |
Average DrawdownAverage peak-to-trough decline | -20.50% | -4.36% | -16.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.81% | 2.05% | +18.76% |
Volatility
KBGGY vs. URTH - Volatility Comparison
Kongsberg Gruppen ASA (KBGGY) has a higher volatility of 11.40% compared to iShares MSCI World ETF (URTH) at 4.70%. This indicates that KBGGY's price experiences larger fluctuations and is considered to be riskier than URTH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KBGGY | URTH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.40% | 4.70% | +6.70% |
Volatility (6M)Calculated over the trailing 6-month period | 37.44% | 10.23% | +27.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.82% | 12.64% | +40.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.30% | 16.27% | +45.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.30% | 17.20% | +44.10% |
Dividends
KBGGY vs. URTH - Dividend Comparison
KBGGY's dividend yield for the trailing twelve months is around 27.41%, more than URTH's 1.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
URTH iShares MSCI World ETF | 1.43% | 1.48% | 1.47% | 1.70% | 1.68% | 1.50% | 1.52% | 2.16% | 2.30% | 1.88% | 2.15% | 2.35% |
Frequently Asked Questions
KBGGY and URTH have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KBGGY has higher volatility (11.40%) compared to URTH (4.70%). In terms of maximum drawdown, KBGGY dropped -68.35% vs URTH's -34.01%.
URTH currently has the higher Sharpe Ratio (1.70 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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