MBG.DE vs. VLVLY

Last updated Jun 5, 2026

MBG.DE (Mercedes-Benz Group AG) and VLVLY (Volvo AB ADR) are both stocks. MBG.DE operates in Auto Manufacturers (Consumer Cyclical), while VLVLY operates in Farm & Heavy Construction Machinery (Industrials). Over the past 10 years, MBG.DE returned 6.24%/yr vs 19.05%/yr for VLVLY. At a 0.49 correlation, their price movements are largely independent.

Performance

MBG.DE vs. VLVLY - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Mercedes-Benz Group AG (MBG.DE) and Volvo AB ADR (VLVLY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

MBG.DE is traded in EUR, while VLVLY is traded in USD. To make them comparable, the VLVLY values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, MBG.DE achieves a -12.57% return, which is significantly lower than VLVLY's 14.97% return. Over the past 10 years, MBG.DE has underperformed VLVLY with an annualized return of 6.24%, while VLVLY has yielded a comparatively higher 19.05% annualized return.

MBG.DE

• 1D: -1.76%
• 1M: 1.84%
• YTD: -12.57%
• 6M: -13.07%
• 1Y: 1.90%
• 3Y*: -5.12%
• 5Y*: 1.51%
• 10Y*: 6.24%

VLVLY

• 1D: 0.35%
• 1M: 2.15%
• YTD: 14.97%
• 6M: 19.17%
• 1Y: 31.25%
• 3Y*: 25.27%
• 5Y*: 13.48%
• 10Y*: 19.05%

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

MBG.DE vs. VLVLY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MBG.DE Mercedes-Benz Group AG	-12.57%	21.32%	-7.25%	10.02%	-1.84%	42.17%	23.48%	14.88%	-31.57%	4.82%
VLVLY Volvo AB ADR	14.97%	24.00%	5.46%	48.83%	-10.15%	19.54%	43.19%	39.49%	-23.94%	43.39%

Correlation

The correlation between MBG.DE and VLVLY is 0.53, 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	0.53
Correlation (3Y) Calculated over the trailing 3-year period	0.47
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (10Y) Calculated over the trailing 10-year period	0.50
Correlation (All Time) Calculated using the full available price history since Jan 20, 2016	0.49

The correlation between MBG.DE and VLVLY has been stable across timeframes, ranging from 0.47 to 0.53 - a consistent structural relationship.

Return for Risk

MBG.DE vs. VLVLY — Risk / Return Rank

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

MBG.DE

MBG.DE Risk / Return Rank: 42
MBG.DE Sharpe Ratio Rank: 44
MBG.DE Sortino Ratio Rank: 38
MBG.DE Omega Ratio Rank: 37
MBG.DE Calmar Ratio Rank: 44
MBG.DE Martin Ratio Rank: 44

VLVLY

VLVLY Risk / Return Rank: 70
VLVLY Sharpe Ratio Rank: 73
VLVLY Sortino Ratio Rank: 70
VLVLY Omega Ratio Rank: 67
VLVLY Calmar Ratio Rank: 67
VLVLY Martin Ratio Rank: 72

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.

MBG.DE vs. VLVLY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mercedes-Benz Group AG (MBG.DE) and Volvo AB ADR (VLVLY). 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.

	MBG.DE	VLVLY	Difference
Sharpe ratio: Return per unit of total volatility	0.08	1.06	-0.99
Sortino ratio: Return per unit of downside risk	0.31	1.70	-1.40
Omega ratio: Gain probability vs. loss probability	1.03	1.21	-0.18
Calmar ratio: Return relative to maximum drawdown	0.11	1.34	-1.23
Martin ratio: Return relative to average drawdown	0.24	4.28	-4.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MBG.DE vs. VLVLY - Sharpe Ratio Comparison

The current MBG.DE Sharpe Ratio is 0.08, which is lower than the VLVLY Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of MBG.DE and VLVLY, 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

	MBG.DE	VLVLY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.08	1.06	-0.99
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	0.49	-0.43
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.20	0.62	-0.42
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.70	-0.54

Drawdowns

MBG.DE vs. VLVLY - Drawdown Comparison

The maximum MBG.DE drawdown since its inception was -76.69%, which is greater than VLVLY's maximum drawdown of -47.64%. Use the drawdown chart below to compare losses from any high point for MBG.DE and VLVLY.

Drawdown Indicators

	MBG.DE	VLVLY	Difference
Max Drawdown Largest peak-to-trough decline	-76.69%	-47.64%	-29.05%
Max Drawdown (1Y) Largest decline over 1 year	-17.88%	-23.45%	+5.57%
Max Drawdown (3Y) Largest decline over 3 years	-34.38%	-27.37%	-7.01%
Max Drawdown (5Y) Largest decline over 5 years	-34.38%	-32.70%	-1.68%
Max Drawdown (10Y) Largest decline over 10 years	-67.47%	-47.64%	-19.83%
Current Drawdown Current decline from peak	-19.68%	-5.98%	-13.70%
Average Drawdown Average peak-to-trough decline	-29.45%	-9.97%	-19.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.90%	7.31%	+0.59%

Volatility

MBG.DE vs. VLVLY - Volatility Comparison

The current volatility for Mercedes-Benz Group AG (MBG.DE) is 6.09%, while Volvo AB ADR (VLVLY) has a volatility of 8.26%. This indicates that MBG.DE experiences smaller price fluctuations and is considered to be less risky than VLVLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MBG.DE	VLVLY	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.09%	8.26%	-2.17%
Volatility (6M) Calculated over the trailing 6-month period	18.34%	22.53%	-4.19%
Volatility (1Y) Calculated over the trailing 1-year period	25.29%	29.52%	-4.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.56%	27.71%	-0.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.51%	30.69%	-0.18%

Dividends

MBG.DE vs. VLVLY - Dividend Comparison

MBG.DE's dividend yield for the trailing twelve months is around 7.13%, more than VLVLY's 4.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MBG.DE Mercedes-Benz Group AG	7.13%	7.16%	9.80%	8.31%	8.14%	1.67%	3.42%	6.58%	7.95%	4.59%	4.60%	3.16%
VLVLY Volvo AB ADR	4.16%	5.27%	7.14%	5.04%	7.66%	12.75%	5.59%	6.50%	4.10%	1.94%	3.17%	0.00%

Financials

Frequently Asked Questions

Can I hold both MBG.DE and VLVLY in my portfolio?

MBG.DE and VLVLY have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.