MT.AS vs. TKA.DE

Last updated Apr 2, 2026

Compare and contrast key facts about ArcelorMittal SA (MT.AS) and thyssenkrupp AG (TKA.DE).

Performance

MT.AS vs. TKA.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in ArcelorMittal SA (MT.AS) and thyssenkrupp AG (TKA.DE). The values are adjusted to include any dividend payments, if applicable.

MT.AS vs. TKA.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MT.AS ArcelorMittal SA	19.64%	77.04%	-10.92%	6.41%	-11.46%	50.26%	20.70%	-12.91%	-32.94%	28.82%
TKA.DE thyssenkrupp AG	-12.51%	228.55%	-35.65%	13.87%	-41.18%	19.20%	-32.52%	-18.60%	-37.66%	7.84%

Returns By Period

In the year-to-date period, MT.AS achieves a 19.64% return, which is significantly higher than TKA.DE's -12.51% return. Over the past 10 years, MT.AS has outperformed TKA.DE with an annualized return of 15.15%, while TKA.DE has yielded a comparatively lower -4.30% annualized return.

MT.AS

• 1D: 6.43%
• 1M: -14.45%
• YTD: 19.64%
• 6M: 46.25%
• 1Y: 76.28%
• 3Y*: 20.97%
• 5Y*: 15.69%
• 10Y*: 15.15%

TKA.DE

• 1D: 8.10%
• 1M: -20.46%
• YTD: -12.51%
• 6M: -12.43%
• 1Y: 7.64%
• 3Y*: 20.84%
• 5Y*: 1.01%
• 10Y*: -4.30%

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

Return for Risk

MT.AS vs. TKA.DE — Risk / Return Rank

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

MT.AS

MT.AS Risk / Return Rank: 89
MT.AS Sharpe Ratio Rank: 90
MT.AS Sortino Ratio Rank: 86
MT.AS Omega Ratio Rank: 85
MT.AS Calmar Ratio Rank: 91
MT.AS Martin Ratio Rank: 95

TKA.DE

TKA.DE Risk / Return Rank: 45
TKA.DE Sharpe Ratio Rank: 45
TKA.DE Sortino Ratio Rank: 43
TKA.DE Omega Ratio Rank: 42
TKA.DE Calmar Ratio Rank: 48
TKA.DE Martin Ratio Rank: 49

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.

MT.AS vs. TKA.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ArcelorMittal SA (MT.AS) and thyssenkrupp AG (TKA.DE). 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.

	MT.AS	TKA.DE	Difference
Sharpe ratio Return per unit of total volatility	2.00	0.14	+1.86
Sortino ratio Return per unit of downside risk	2.55	0.57	+1.99
Omega ratio Gain probability vs. loss probability	1.34	1.07	+0.27
Calmar ratio Return relative to maximum drawdown	4.15	0.27	+3.89
Martin ratio Return relative to average drawdown	16.33	0.80	+15.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MT.AS vs. TKA.DE - Sharpe Ratio Comparison

The current MT.AS Sharpe Ratio is 2.00, which is higher than the TKA.DE Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of MT.AS and TKA.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MT.AS	TKA.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.00	0.14	+1.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	0.02	+0.40
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	-0.09	+0.44
Sharpe Ratio (All Time) Calculated using the full available price history	0.02	0.06	-0.03

Correlation

The correlation between MT.AS and TKA.DE is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

MT.AS vs. TKA.DE - Dividend Comparison

MT.AS's dividend yield for the trailing twelve months is around 1.31%, less than TKA.DE's 1.87% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MT.AS ArcelorMittal SA	1.31%	1.24%	2.07%	1.58%	1.47%	0.74%	0.00%	0.97%	0.39%	0.00%	0.00%	3.86%
TKA.DE thyssenkrupp AG	1.87%	1.62%	5.09%	3.16%	0.00%	0.00%	0.00%	1.66%	1.33%	0.82%	0.88%	0.80%

Drawdowns

MT.AS vs. TKA.DE - Drawdown Comparison

The maximum MT.AS drawdown since its inception was -96.62%, roughly equal to the maximum TKA.DE drawdown of -92.07%. Use the drawdown chart below to compare losses from any high point for MT.AS and TKA.DE.

Drawdown Indicators

	MT.AS	TKA.DE	Difference
Max Drawdown Largest peak-to-trough decline	-96.62%	-92.07%	-4.55%
Max Drawdown (1Y) Largest decline over 1 year	-26.19%	-41.44%	+15.25%
Max Drawdown (5Y) Largest decline over 5 years	-39.64%	-74.94%	+35.30%
Max Drawdown (10Y) Largest decline over 10 years	-78.69%	-88.76%	+10.07%
Current Drawdown Current decline from peak	-58.76%	-67.80%	+9.04%
Average Drawdown Average peak-to-trough decline	-65.97%	-45.02%	-20.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.66%	13.85%	-7.19%

Volatility

MT.AS vs. TKA.DE - Volatility Comparison

The current volatility for ArcelorMittal SA (MT.AS) is 18.48%, while thyssenkrupp AG (TKA.DE) has a volatility of 20.85%. This indicates that MT.AS experiences smaller price fluctuations and is considered to be less risky than TKA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MT.AS	TKA.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.48%	20.85%	-2.37%
Volatility (6M) Calculated over the trailing 6-month period	29.28%	43.31%	-14.03%
Volatility (1Y) Calculated over the trailing 1-year period	37.64%	56.18%	-18.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.37%	49.52%	-13.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.31%	49.27%	-6.96%

Financials