OEWA.DE vs. FCNCA
OEWA.DE (VERBUND AG) and FCNCA (First Citizens BancShares, Inc.) are both stocks. OEWA.DE operates in Utilities - Renewable (Utilities), while FCNCA operates in Banks - Regional (Financial Services). Over the past 10 years, OEWA.DE returned 19.89%/yr vs 23.53%/yr for FCNCA. At a 0.08 correlation, their price movements are largely independent.
Performance
OEWA.DE vs. FCNCA - Performance Comparison
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Different Trading Currencies
OEWA.DE is traded in EUR, while FCNCA is traded in USD. To make them comparable, the FCNCA values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, OEWA.DE achieves a -0.18% return, which is significantly higher than FCNCA's -1.21% return. Over the past 10 years, OEWA.DE has underperformed FCNCA with an annualized return of 19.89%, while FCNCA has yielded a comparatively higher 23.53% annualized return.
OEWA.DE
- 1D
- 0.51%
- 1M
- -4.47%
- YTD
- -0.18%
- 6M
- -3.23%
- 1Y
- -7.15%
- 3Y*
- -0.63%
- 5Y*
- -0.61%
- 10Y*
- 19.89%
FCNCA
- 1D
- 2.17%
- 1M
- 6.38%
- YTD
- -1.21%
- 6M
- 6.56%
- 1Y
- 14.10%
- 3Y*
- 14.78%
- 5Y*
- 20.70%
- 10Y*
- 23.53%
OEWA.DE vs. FCNCA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OEWA.DE VERBUND AG | -0.18% | -8.74% | -10.94% | 11.70% | -20.38% | 44.91% | 57.09% | 23.07% | 88.43% | 33.95% |
FCNCA First Citizens BancShares, Inc. | -1.21% | -10.12% | 59.32% | 82.10% | -2.67% | 55.67% | -0.58% | 44.84% | -1.72% | -0.08% |
Correlation
The correlation between OEWA.DE and FCNCA is -0.09, 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 | -0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Aug 29, 2007 | 0.08 |
The correlation between OEWA.DE and FCNCA shifts across timeframes, from -0.09 (1 year) to 0.08 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
OEWA.DE vs. FCNCA — Risk / Return Rank
OEWA.DE
FCNCA
OEWA.DE vs. FCNCA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VERBUND AG (OEWA.DE) and First Citizens BancShares, Inc. (FCNCA). 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.
| OEWA.DE | FCNCA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.86 | ||
| Sortino ratioReturn per unit of downside risk | -1.18 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.11 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.54 | 0.59 | -1.14 |
| Martin ratioReturn relative to average drawdown | -1.11 | 1.31 | -2.43 |
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
| OEWA.DE | FCNCA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.37 | 0.49 | -0.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.02 | 0.49 | -0.51 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.61 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.43 | -0.04 |
Drawdowns
OEWA.DE vs. FCNCA - Drawdown Comparison
The maximum OEWA.DE drawdown since its inception was -78.68%, which is greater than FCNCA's maximum drawdown of -53.38%. Use the drawdown chart below to compare losses from any high point for OEWA.DE and FCNCA.
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Drawdown Indicators
| OEWA.DE | FCNCA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.68% | -53.38% | -25.30% |
Max Drawdown (1Y)Largest decline over 1 year | -15.92% | -23.96% | +8.04% |
Max Drawdown (3Y)Largest decline over 3 years | -30.01% | -37.67% | +7.66% |
Max Drawdown (5Y)Largest decline over 5 years | -42.57% | -46.11% | +3.54% |
Max Drawdown (10Y)Largest decline over 10 years | -45.41% | -46.96% | +1.55% |
Current DrawdownCurrent decline from peak | -37.30% | -19.68% | -17.62% |
Average DrawdownAverage peak-to-trough decline | -37.78% | -13.32% | -24.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.79% | 10.76% | -2.97% |
Volatility
OEWA.DE vs. FCNCA - Volatility Comparison
VERBUND AG (OEWA.DE) has a higher volatility of 8.16% compared to First Citizens BancShares, Inc. (FCNCA) at 7.76%. This indicates that OEWA.DE's price experiences larger fluctuations and is considered to be riskier than FCNCA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OEWA.DE | FCNCA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.16% | 7.76% | +0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 18.81% | 21.07% | -2.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.65% | 28.96% | -5.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.78% | 42.01% | -10.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.13% | 38.68% | -6.55% |
Dividends
OEWA.DE vs. FCNCA - Dividend Comparison
OEWA.DE's dividend yield for the trailing twelve months is around 5.36%, more than FCNCA's 0.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCNCA First Citizens BancShares, Inc. | 0.40% | 0.37% | 0.33% | 0.27% | 0.28% | 0.23% | 0.29% | 0.30% | 0.38% | 0.31% | 0.34% | 0.46% |
OEWA.DE VERBUND AG | 5.36% | 4.52% | 5.87% | 4.28% | 1.33% | 0.75% | 0.99% | 0.93% | 1.13% | 1.45% | 2.30% | 2.41% |
Financials
OEWA.DE vs. FCNCA - Financials Comparison
This section allows you to compare key financial metrics between VERBUND AG and First Citizens BancShares, Inc.. 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
OEWA.DE and FCNCA have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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