MTX.DE vs. KBGGY
MTX.DE (MTU Aero Engines AG) and KBGGY (Kongsberg Gruppen ASA) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 3 years, MTX.DE returned 12.32%/yr vs 66.37%/yr for KBGGY. At a 0.18 correlation, their price movements are largely independent.
Performance
MTX.DE vs. KBGGY - Performance Comparison
Loading charts...
Different Trading Currencies
MTX.DE is traded in EUR, while KBGGY is traded in USD. To make them comparable, the KBGGY values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, MTX.DE achieves a -14.42% return, which is significantly lower than KBGGY's 59.78% return.
MTX.DE
- 1D
- 2.24%
- 1M
- -1.44%
- YTD
- -14.42%
- 6M
- -13.38%
- 1Y
- -14.47%
- 3Y*
- 12.32%
- 5Y*
- 8.81%
- 10Y*
- 15.30%
KBGGY
- 1D
- 1.59%
- 1M
- 1.42%
- YTD
- 59.78%
- 6M
- 60.56%
- 1Y
- -42.89%
- 3Y*
- 66.37%
- 5Y*
- —
- 10Y*
- —
MTX.DE vs. KBGGY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
MTX.DE MTU Aero Engines AG | -14.42% | 11.09% | 66.35% | -14.92% |
KBGGY Kongsberg Gruppen ASA | 59.78% | 4.87% | 182.07% | -4.57% |
Correlation
The correlation between MTX.DE and KBGGY is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since May 22, 2023 | 0.18 |
The correlation between MTX.DE and KBGGY shifts across timeframes, from 0.18 (3 years) to 0.29 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MTX.DE vs. KBGGY — Risk / Return Rank
MTX.DE
KBGGY
MTX.DE vs. KBGGY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MTU Aero Engines AG (MTX.DE) and Kongsberg Gruppen ASA (KBGGY). 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.
| MTX.DE | KBGGY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.26 | ||
| Sortino ratioReturn per unit of downside risk | +0.29 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 0.89 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | -0.63 | +0.16 |
| Martin ratioReturn relative to average drawdown | -1.16 | -0.79 | -0.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| MTX.DE | KBGGY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.44 | -0.70 | +0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 1.05 | -0.60 |
Drawdowns
MTX.DE vs. KBGGY - Drawdown Comparison
The maximum MTX.DE drawdown since its inception was -73.91%, which is greater than KBGGY's maximum drawdown of -68.62%. Use the drawdown chart below to compare losses from any high point for MTX.DE and KBGGY.
Loading charts...
Drawdown Indicators
| MTX.DE | KBGGY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.91% | -68.62% | -5.29% |
Max Drawdown (1Y)Largest decline over 1 year | -31.29% | -68.62% | +37.33% |
Max Drawdown (3Y)Largest decline over 3 years | -32.52% | -68.62% | +36.10% |
Max Drawdown (5Y)Largest decline over 5 years | -33.13% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -62.85% | — | — |
Current DrawdownCurrent decline from peak | -24.37% | -44.32% | +19.95% |
Average DrawdownAverage peak-to-trough decline | -15.71% | -20.49% | +4.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.70% | 54.57% | -41.87% |
Volatility
MTX.DE vs. KBGGY - Volatility Comparison
MTU Aero Engines AG (MTX.DE) and Kongsberg Gruppen ASA (KBGGY) have volatilities of 13.02% and 13.26%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MTX.DE | KBGGY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.02% | 13.26% | -0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 28.29% | 37.99% | -9.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.32% | 61.60% | -28.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.09% | 61.61% | -30.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.41% | 61.61% | -27.20% |
Dividends
MTX.DE vs. KBGGY - Dividend Comparison
MTX.DE's dividend yield for the trailing twelve months is around 1.20%, less than KBGGY's 24.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KBGGY Kongsberg Gruppen ASA | 24.23% | 5.82% | 1.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MTX.DE MTU Aero Engines AG | 1.20% | 0.62% | 0.62% | 1.64% | 1.04% | 0.70% | 1.61% | 1.12% | 1.45% | 1.27% | 1.55% | 1.61% |
Financials
MTX.DE vs. KBGGY - Financials Comparison
This section allows you to compare key financial metrics between MTU Aero Engines AG and Kongsberg Gruppen ASA. 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
MTX.DE and KBGGY have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for MTX.DE and KBGGY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer