KKR vs. AM.PA

Last updated Jun 9, 2026

KKR (KKR & Co. Inc.) and AM.PA (Dassault Aviation SA) are both stocks. KKR operates in Asset Management (Financial Services), while AM.PA operates in Aerospace & Defense (Industrials). Over the past 10 years, KKR returned 23.50%/yr vs 18.85%/yr for AM.PA. At a 0.17 correlation, their price movements are largely independent.

Performance

KKR vs. AM.PA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KKR & Co. Inc. (KKR) and Dassault Aviation SA (AM.PA). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

KKR is traded in USD, while AM.PA is traded in EUR. To make them comparable, the AM.PA values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, KKR achieves a -26.61% return, which is significantly lower than AM.PA's 8.83% return. Over the past 10 years, KKR has outperformed AM.PA with an annualized return of 23.50%, while AM.PA has yielded a comparatively lower 18.85% annualized return.

KKR

• 1D: -0.20%
• 1M: -8.90%
• YTD: -26.61%
• 6M: -28.16%
• 1Y: -23.96%
• 3Y*: 19.93%
• 5Y*: 11.96%
• 10Y*: 23.50%

AM.PA

• 1D: 0.00%
• 1M: 2.41%
• YTD: 8.83%
• 6M: 11.39%
• 1Y: -2.53%
• 3Y*: 26.45%
• 5Y*: 24.26%
• 10Y*: 18.85%

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

KKR vs. AM.PA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KKR KKR & Co. Inc.	-26.61%	-13.32%	79.65%	80.48%	-36.98%	85.76%	41.13%	51.57%	-4.28%	41.78%
AM.PA Dassault Aviation SA	8.83%	59.93%	4.93%	18.88%	59.08%	12.93%	-16.55%	14.16%	-2.09%	53.39%

Correlation

The correlation between KKR and AM.PA is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (5Y) Calculated over the trailing 5-year period	0.11
Correlation (10Y) Calculated over the trailing 10-year period	0.18
Correlation (All Time) Calculated using the full available price history since Jul 15, 2010	0.17

The correlation between KKR and AM.PA shifts across timeframes, from 0.03 (1 year) to 0.18 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

KKR vs. AM.PA — Risk / Return Rank

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

KKR

KKR Risk / Return Rank: 18
KKR Sharpe Ratio Rank: 14
KKR Sortino Ratio Rank: 16
KKR Omega Ratio Rank: 16
KKR Calmar Ratio Rank: 23
KKR Martin Ratio Rank: 22

AM.PA

AM.PA Risk / Return Rank: 39
AM.PA Sharpe Ratio Rank: 41
AM.PA Sortino Ratio Rank: 36
AM.PA Omega Ratio Rank: 35
AM.PA Calmar Ratio Rank: 41
AM.PA Martin Ratio Rank: 41

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.

KKR vs. AM.PA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KKR & Co. Inc. (KKR) and Dassault Aviation SA (AM.PA). 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.

	KKR	AM.PA	Difference
Sharpe ratio: Return per unit of total volatility	-0.65	-0.02	-0.63
Sortino ratio: Return per unit of downside risk	-0.74	0.20	-0.94
Omega ratio: Gain probability vs. loss probability	0.91	1.03	-0.12
Calmar ratio: Return relative to maximum drawdown	-0.54	-0.02	-0.51
Martin ratio: Return relative to average drawdown	-0.99	-0.05	-0.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KKR vs. AM.PA - Sharpe Ratio Comparison

The current KKR Sharpe Ratio is -0.65, which is lower than the AM.PA Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of KKR and AM.PA, 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

	KKR	AM.PA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.65	-0.02	-0.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.31	0.78	-0.48
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	0.60	+0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.53	0.00

Drawdowns

KKR vs. AM.PA - Drawdown Comparison

The maximum KKR drawdown since its inception was -53.10%, smaller than the maximum AM.PA drawdown of -58.61%. Use the drawdown chart below to compare losses from any high point for KKR and AM.PA.

Drawdown Indicators

	KKR	AM.PA	Difference
Max Drawdown Largest peak-to-trough decline	-53.10%	-58.61%	+5.51%
Max Drawdown (1Y) Largest decline over 1 year	-44.62%	-21.79%	-22.83%
Max Drawdown (3Y) Largest decline over 3 years	-49.42%	-22.11%	-27.31%
Max Drawdown (5Y) Largest decline over 5 years	-49.42%	-35.72%	-13.70%
Max Drawdown (10Y) Largest decline over 10 years	-49.42%	-58.61%	+9.19%
Current Drawdown Current decline from peak	-43.68%	-15.94%	-27.74%
Average Drawdown Average peak-to-trough decline	-16.18%	-13.75%	-2.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.21%	10.37%	+13.84%

Volatility

KKR vs. AM.PA - Volatility Comparison

KKR & Co. Inc. (KKR) has a higher volatility of 10.21% compared to Dassault Aviation SA (AM.PA) at 8.22%. This indicates that KKR's price experiences larger fluctuations and is considered to be riskier than AM.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KKR	AM.PA	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.21%	8.22%	+1.99%
Volatility (6M) Calculated over the trailing 6-month period	29.77%	25.20%	+4.57%
Volatility (1Y) Calculated over the trailing 1-year period	37.30%	32.03%	+5.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.23%	30.49%	+8.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.64%	31.05%	+5.59%

Dividends

KKR vs. AM.PA - Dividend Comparison

KKR's dividend yield for the trailing twelve months is around 0.80%, less than AM.PA's 1.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AM.PA Dassault Aviation SA	1.59%	1.72%	1.71%	1.67%	1.57%	12.95%	0.00%	18.12%	12.64%	9.32%	11.40%	8.72%
KKR KKR & Co. Inc.	0.80%	0.57%	0.47%	0.78%	1.31%	0.77%	1.31%	1.71%	3.23%	3.18%	4.16%	10.13%

Financials

Frequently Asked Questions

Can I hold both KKR and AM.PA in my portfolio?

KKR and AM.PA have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.