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 65.24%/yr vs 5.91%/yr for ^STOXX. At a 0.14 correlation, their price movements are largely independent.
Performance
RNMBF vs. ^STOXX - Performance Comparison
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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 -40.80% return, which is significantly lower than ^STOXX's 4.53% return.
RNMBF
- 1D
- 0.08%
- 1M
- -24.62%
- YTD
- -40.80%
- 6M
- -40.71%
- 1Y
- -49.58%
- 3Y*
- 61.68%
- 5Y*
- 65.24%
- 10Y*
- —
^STOXX
- 1D
- 0.00%
- 1M
- -0.33%
- YTD
- 4.53%
- 6M
- 4.84%
- 1Y
- 15.76%
- 3Y*
- 13.61%
- 5Y*
- 5.91%
- 10Y*
- 7.59%
RNMBF vs. ^STOXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
RNMBF Rheinmetall AG | -40.80% | 189.47% | 106.03% | 62.49% | 112.89% | 16.07% | 8.13% | 0.00% |
^STOXX STOXX Europe 600 Index | 4.53% | 32.56% | -0.63% | 16.30% | -17.85% | 12.47% | 5.57% | 8.11% |
Correlation
The correlation between RNMBF and ^STOXX is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
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 | 0.14 |
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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 | -2.11 | ||
| Sortino ratioReturn per unit of downside risk | -3.10 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 1.21 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.93 | 1.38 | -2.31 |
| Martin ratioReturn relative to average drawdown | -2.26 | 4.61 | -6.86 |
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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.
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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 | -53.54% | -2.82% | -50.72% |
Average DrawdownAverage peak-to-trough decline | -9.07% | -22.91% | +13.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.98% | 3.45% | +18.53% |
Volatility
RNMBF vs. ^STOXX - Volatility Comparison
Rheinmetall AG (RNMBF) has a higher volatility of 22.56% compared to STOXX Europe 600 Index (^STOXX) at 3.43%. 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.
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Volatility by Period
| RNMBF | ^STOXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.56% | 3.43% | +19.13% |
Volatility (6M)Calculated over the trailing 6-month period | 41.64% | 12.03% | +29.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.07% | 14.38% | +35.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.46% | 17.49% | +32.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.16% | 17.34% | +31.82% |
Frequently Asked Questions
RNMBF and ^STOXX have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RNMBF has higher volatility (22.56%) compared to ^STOXX (3.43%). In terms of maximum drawdown, RNMBF dropped -53.57% vs ^STOXX's -64.60%.
^STOXX currently has the higher Sharpe Ratio (1.11 vs -1.00), 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.
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