KOG.OL vs. BA.L
KOG.OL (Kongsberg Gruppen ASA) and BA.L (BAE Systems plc) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, KOG.OL returned 37.45%/yr vs 18.94%/yr for BA.L. At a 0.21 correlation, their price movements are largely independent.
Performance
KOG.OL vs. BA.L - Performance Comparison
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Different Trading Currencies
KOG.OL is traded in NOK, while BA.L is traded in GBp. To make them comparable, the BA.L values have been converted to NOK using the latest available exchange rates.
Returns By Period
In the year-to-date period, KOG.OL achieves a 19.76% return, which is significantly higher than BA.L's 2.20% return. Over the past 10 years, KOG.OL has outperformed BA.L with an annualized return of 37.45%, while BA.L has yielded a comparatively lower 18.94% annualized return.
KOG.OL
- 1D
- -2.60%
- 1M
- -2.57%
- YTD
- 19.76%
- 6M
- 28.77%
- 1Y
- -15.59%
- 3Y*
- 51.79%
- 5Y*
- 61.03%
- 10Y*
- 37.45%
BA.L
- 1D
- -0.13%
- 1M
- -7.16%
- YTD
- 2.20%
- 6M
- 7.95%
- 1Y
- -10.82%
- 3Y*
- 24.71%
- 5Y*
- 33.79%
- 10Y*
- 18.94%
KOG.OL vs. BA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KOG.OL Kongsberg Gruppen ASA | 19.76% | 2.13% | 178.46% | 27.75% | 89.52% | 67.42% | 36.75% | 19.37% | -8.77% | 24.08% |
BA.L BAE Systems plc | 2.20% | 44.87% | 16.58% | 46.00% | 59.55% | 19.51% | -8.68% | 35.53% | -17.02% | 4.43% |
Correlation
The correlation between KOG.OL and BA.L is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jul 9, 2007 | 0.21 |
Over the past year, KOG.OL and BA.L have become more correlated (0.61) than their long-term average of 0.21, meaning their price movements have been converging.
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Return for Risk
KOG.OL vs. BA.L — Risk / Return Rank
KOG.OL
BA.L
KOG.OL vs. BA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kongsberg Gruppen ASA (KOG.OL) and BAE Systems plc (BA.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.
| KOG.OL | BA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.96 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.38 | -0.46 | +0.08 |
| Martin ratioReturn relative to average drawdown | -0.69 | -1.02 | +0.33 |
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
| KOG.OL | BA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.33 | -0.37 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.62 | 1.29 | +0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.10 | 0.75 | +0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.51 | +0.19 |
Drawdowns
KOG.OL vs. BA.L - Drawdown Comparison
The maximum KOG.OL drawdown since its inception was -42.14%, smaller than the maximum BA.L drawdown of -54.34%. Use the drawdown chart below to compare losses from any high point for KOG.OL and BA.L.
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Drawdown Indicators
| KOG.OL | BA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.14% | -54.34% | +12.20% |
Max Drawdown (1Y)Largest decline over 1 year | -41.54% | -23.33% | -18.21% |
Max Drawdown (3Y)Largest decline over 3 years | -41.54% | -23.33% | -18.21% |
Max Drawdown (5Y)Largest decline over 5 years | -41.54% | -23.33% | -18.21% |
Max Drawdown (10Y)Largest decline over 10 years | -41.54% | -36.28% | -5.26% |
Current DrawdownCurrent decline from peak | -26.87% | -20.50% | -6.37% |
Average DrawdownAverage peak-to-trough decline | -14.18% | -16.46% | +2.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.65% | 10.56% | +12.09% |
Volatility
KOG.OL vs. BA.L - Volatility Comparison
Kongsberg Gruppen ASA (KOG.OL) has a higher volatility of 11.81% compared to BAE Systems plc (BA.L) at 10.06%. This indicates that KOG.OL's price experiences larger fluctuations and is considered to be riskier than BA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KOG.OL | BA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.81% | 10.06% | +1.75% |
Volatility (6M)Calculated over the trailing 6-month period | 36.64% | 23.22% | +13.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.97% | 29.26% | +18.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.94% | 26.27% | +11.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.26% | 25.32% | +8.94% |
Dividends
KOG.OL vs. BA.L - Dividend Comparison
KOG.OL's dividend yield for the trailing twelve months is around 1.59%, more than BA.L's 0.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BA.L BAE Systems plc | 0.72% | 1.99% | 2.69% | 2.53% | 2.99% | 4.40% | 4.75% | 4.00% | 4.79% | 3.75% | 3.57% | 4.14% |
KOG.OL Kongsberg Gruppen ASA | 1.59% | 1.41% | 0.90% | 12.89% | 18.41% | 2.31% | 5.86% | 1.50% | 2.29% | 2.05% | 2.82% | 2.42% |
Financials
KOG.OL vs. BA.L - Financials Comparison
This section allows you to compare key financial metrics between Kongsberg Gruppen ASA and BAE Systems plc. 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
KOG.OL and BA.L have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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