RNMBF vs. ^STOXX
RNMBF (Rheinmetall AG) is a stock, while ^STOXX (STOXX Europe 600 Index) is an index. Over the past 5 years, RNMBF returned 66.55%/yr vs 6.54%/yr for ^STOXX. At a 0.15 correlation, their price movements are largely independent.
Performance
RNMBF vs. ^STOXX - Performance Comparison
Loading charts...
Different Trading Currencies
RNMBF is traded in USD, while ^STOXX is traded in EUR. To make them comparable, the ^STOXX values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, RNMBF achieves a -39.81% return, which is significantly lower than ^STOXX's 5.80% return.
RNMBF
- 1D
- -2.04%
- 1M
- -17.86%
- 6M
- -49.86%
- YTD
- -39.81%
- 1Y
- -48.22%
- 3Y*
- 58.65%
- 5Y*
- 66.55%
- 10Y*
- —
^STOXX
- 1D
- 0.47%
- 1M
- -0.21%
- 6M
- 3.27%
- YTD
- 5.80%
- 1Y
- 16.80%
- 3Y*
- 12.51%
- 5Y*
- 6.54%
- 10Y*
- 7.05%
RNMBF vs. ^STOXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
RNMBF Rheinmetall AG | -39.81% | 189.47% | 106.03% | 62.49% | 112.89% | 16.07% | 8.13% | 0.00% |
^STOXX STOXX Europe 600 Index | 5.80% | 32.56% | -0.63% | 16.30% | -17.85% | 12.47% | 5.57% | 8.11% |
Correlation
The correlation between RNMBF and ^STOXX is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2019 | 0.15 |
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
RNMBF vs. ^STOXX — Risk / Return Rank
RNMBF
^STOXX
RNMBF vs. ^STOXX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rheinmetall AG (RNMBF) and STOXX Europe 600 Index (^STOXX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RNMBF | ^STOXX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.09 | ||
| Sortino ratioReturn per unit of downside risk | -3.05 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.21 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.90 | 1.45 | -2.35 |
| Martin ratioReturn relative to average drawdown | -1.97 | 4.80 | -6.77 |
Loading charts...
Drawdowns
RNMBF vs. ^STOXX - Drawdown Comparison
The maximum RNMBF drawdown since its inception was -53.57%, smaller than the maximum ^STOXX drawdown of -64.60%. Use the drawdown chart below to compare losses from any high point for RNMBF and ^STOXX.
Loading charts...
Drawdown Indicators
| RNMBF | ^STOXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.57% | -64.60% | +11.03% |
Max Drawdown (1Y)Largest decline over 1 year | -53.57% | -11.59% | -41.98% |
Max Drawdown (3Y)Largest decline over 3 years | -53.57% | -15.22% | -38.35% |
Max Drawdown (5Y)Largest decline over 5 years | -53.57% | -33.96% | -19.61% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.58% | — |
Current DrawdownCurrent decline from peak | -52.76% | -1.64% | -51.12% |
Average DrawdownAverage peak-to-trough decline | -9.41% | -22.93% | +13.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.56% | 3.47% | +21.09% |
Volatility
RNMBF vs. ^STOXX - Volatility Comparison
Rheinmetall AG (RNMBF) has a higher volatility of 26.41% compared to STOXX Europe 600 Index (^STOXX) at 3.77%. This indicates that RNMBF's price experiences larger fluctuations and is considered to be riskier than ^STOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RNMBF | ^STOXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.41% | 3.77% | +22.64% |
Volatility (6M)Calculated over the trailing 6-month period | 42.53% | 12.32% | +30.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.19% | 14.61% | +36.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.92% | 17.50% | +33.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.36% | 17.26% | +32.10% |
Frequently Asked Questions
RNMBF and ^STOXX have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RNMBF has higher volatility (26.41%) compared to ^STOXX (3.77%). In terms of maximum drawdown, RNMBF dropped -53.57% vs ^STOXX's -64.60%.
^STOXX currently has the higher Sharpe Ratio (1.15 vs -0.94), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for RNMBF and ^STOXX
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