RHM.DE vs. SAABY
RHM.DE (Rheinmetall AG) and SAABY (Saab AB (publ)) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 5 years, RHM.DE returned 70.83%/yr vs 52.67%/yr for SAABY. At a 0.31 correlation, their price movements are largely independent.
Performance
RHM.DE vs. SAABY - Performance Comparison
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Different Trading Currencies
RHM.DE is traded in EUR, while SAABY is traded in USD. To make them comparable, the SAABY values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, RHM.DE achieves a -22.99% return, which is significantly lower than SAABY's -1.75% return.
RHM.DE
- 1D
- -0.85%
- 1M
- -16.25%
- YTD
- -22.99%
- 6M
- -21.94%
- 1Y
- -34.42%
- 3Y*
- 72.88%
- 5Y*
- 70.83%
- 10Y*
- 37.62%
SAABY
- 1D
- 2.23%
- 1M
- -8.72%
- YTD
- -1.75%
- 6M
- 11.40%
- 1Y
- 9.13%
- 3Y*
- 54.05%
- 5Y*
- 52.67%
- 10Y*
- —
RHM.DE vs. SAABY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
RHM.DE Rheinmetall AG | -22.99% | 155.27% | 116.51% | 56.82% | 128.13% | -1.77% | 60.92% |
SAABY Saab AB (publ) | -1.75% | 144.63% | 49.09% | 42.66% | 77.64% | -44.96% | 62.97% |
Correlation
The correlation between RHM.DE and SAABY is 0.72, 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 | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2020 | 0.31 |
Over the past year, RHM.DE and SAABY have become more correlated (0.72) than their long-term average of 0.31, meaning their price movements have been converging.
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Return for Risk
RHM.DE vs. SAABY — Risk / Return Rank
RHM.DE
SAABY
RHM.DE vs. SAABY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rheinmetall AG (RHM.DE) and Saab AB (publ) (SAABY). 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.
| RHM.DE | SAABY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.95 | ||
| Sortino ratioReturn per unit of downside risk | -1.55 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.07 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.80 | 0.26 | -1.05 |
| Martin ratioReturn relative to average drawdown | -1.81 | 0.68 | -2.49 |
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
| RHM.DE | SAABY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.76 | 0.19 | -0.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.67 | 1.13 | +0.54 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.99 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.75 | -0.31 |
Drawdowns
RHM.DE vs. SAABY - Drawdown Comparison
The maximum RHM.DE drawdown since its inception was -76.51%, which is greater than SAABY's maximum drawdown of -51.44%. Use the drawdown chart below to compare losses from any high point for RHM.DE and SAABY.
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Drawdown Indicators
| RHM.DE | SAABY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.51% | -51.44% | -25.07% |
Max Drawdown (1Y)Largest decline over 1 year | -43.11% | -35.50% | -7.61% |
Max Drawdown (3Y)Largest decline over 3 years | -43.11% | -35.50% | -7.61% |
Max Drawdown (5Y)Largest decline over 5 years | -43.11% | -35.50% | -7.61% |
Max Drawdown (10Y)Largest decline over 10 years | -62.18% | — | — |
Current DrawdownCurrent decline from peak | -39.55% | -28.90% | -10.65% |
Average DrawdownAverage peak-to-trough decline | -23.08% | -16.17% | -6.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.88% | 13.50% | +5.38% |
Volatility
RHM.DE vs. SAABY - Volatility Comparison
Rheinmetall AG (RHM.DE) and Saab AB (publ) (SAABY) have volatilities of 16.69% and 15.99%, 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.
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Volatility by Period
| RHM.DE | SAABY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.69% | 15.99% | +0.70% |
Volatility (6M)Calculated over the trailing 6-month period | 33.84% | 31.80% | +2.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.11% | 48.65% | -3.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.92% | 46.85% | -4.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.85% | 57.50% | -19.65% |
Dividends
RHM.DE vs. SAABY - Dividend Comparison
RHM.DE's dividend yield for the trailing twelve months is around 0.97%, more than SAABY's 0.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RHM.DE Rheinmetall AG | 0.97% | 0.52% | 0.93% | 1.50% | 1.77% | 2.41% | 5.54% | 2.05% | 2.20% | 1.37% | 1.72% | 0.49% |
SAABY Saab AB (publ) | 0.42% | 0.36% | 0.73% | 0.84% | 1.24% | 2.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
RHM.DE vs. SAABY - Financials Comparison
This section allows you to compare key financial metrics between Rheinmetall AG and Saab AB (publ). 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
RHM.DE and SAABY have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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