RNMBY vs. HAGHY

Last updated Jun 24, 2026

RNMBY (Rheinmetall AG ADR) and HAGHY (Hensoldt AG) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 3 years, RNMBY returned 69.95%/yr vs 35.25%/yr for HAGHY. At a 0.47 correlation, their price movements are largely independent.

Performance

RNMBY vs. HAGHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rheinmetall AG ADR (RNMBY) and Hensoldt AG (HAGHY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RNMBY achieves a -26.38% return, which is significantly lower than HAGHY's -6.24% return.

RNMBY

• 1D: -1.73%
• 1M: -6.10%
• YTD: -26.38%
• 6M: -26.15%
• 1Y: -32.76%
• 3Y*: 69.95%
• 5Y*: 69.97%
• 10Y*: 37.69%

HAGHY

• 1D: 2.81%
• 1M: -21.33%
• YTD: -6.24%
• 6M: -6.45%
• 1Y: -24.40%
• 3Y*: 35.25%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

RNMBY vs. HAGHY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
RNMBY Rheinmetall AG ADR	-26.38%	190.28%	99.83%	63.35%	13.83%
HAGHY Hensoldt AG	-6.24%	144.40%	31.10%	15.83%	-17.04%

Correlation

The correlation between RNMBY and HAGHY is 0.74, 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	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (All Time) Calculated using the full available price history since Mar 2, 2022	0.47

Over the past year, RNMBY and HAGHY have become more correlated (0.74) than their long-term average of 0.47, meaning their price movements have been converging.

Fundamentals

Market Cap RNMBY : $62.14B HAGHY : $19.14B
EPS RNMBY : €3.56 HAGHY : €0.08
PE Ratio RNMBY : 65.37 HAGHY : 92.15
PEG Ratio RNMBY : 2.99 HAGHY : 2.06
PS Ratio RNMBY : 4.92 HAGHY : 3.58
PB Ratio RNMBY : 10.18 HAGHY : 17.19
Total Revenue (TTM) RNMBY : €9.58B HAGHY : €2.55B
Gross Profit (TTM) RNMBY : €4.12B HAGHY : €535.68M
EBITDA (TTM) RNMBY : €1.81B HAGHY : €413.05M

Return for Risk

RNMBY vs. HAGHY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RNMBY

RNMBY Risk / Return Rank: 12
RNMBY Sharpe Ratio Rank: 12
RNMBY Sortino Ratio Rank: 14
RNMBY Omega Ratio Rank: 15
RNMBY Calmar Ratio Rank: 14
RNMBY Martin Ratio Rank: 5

HAGHY

HAGHY Risk / Return Rank: 24
HAGHY Sharpe Ratio Rank: 23
HAGHY Sortino Ratio Rank: 24
HAGHY Omega Ratio Rank: 25
HAGHY Calmar Ratio Rank: 22
HAGHY Martin Ratio Rank: 24

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RNMBY vs. HAGHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rheinmetall AG ADR (RNMBY) and Hensoldt AG (HAGHY). 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.

	RNMBY	HAGHY	Difference
Sharpe ratio: Return per unit of total volatility	-0.72	-0.44	-0.28
Sortino ratio: Return per unit of downside risk	-0.87	-0.32	-0.55
Omega ratio: Gain probability vs. loss probability	0.90	0.97	-0.07
Calmar ratio: Return relative to maximum drawdown	-0.75	-0.57	-0.18
Martin ratio: Return relative to average drawdown	-1.54	-0.92	-0.62

RNMBY vs. HAGHY - Sharpe Ratio Comparison

The current RNMBY Sharpe Ratio is -0.72, which is lower than the HAGHY Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of RNMBY and HAGHY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RNMBY vs. HAGHY - Drawdown Comparison

The maximum RNMBY drawdown since its inception was -67.75%, which is greater than HAGHY's maximum drawdown of -42.91%. Use the drawdown chart below to compare losses from any high point for RNMBY and HAGHY.

Drawdown Indicators

	RNMBY	HAGHY	Difference
Max Drawdown Largest peak-to-trough decline	-67.75%	-42.91%	-24.84%
Max Drawdown (1Y) Largest decline over 1 year	-44.06%	-42.91%	-1.15%
Max Drawdown (3Y) Largest decline over 3 years	-44.06%	-42.91%	-1.15%
Max Drawdown (5Y) Largest decline over 5 years	-44.06%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-67.75%	—	—
Current Drawdown Current decline from peak	-42.50%	-39.71%	-2.79%
Average Drawdown Average peak-to-trough decline	-16.78%	-20.52%	+3.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.36%	26.68%	-5.32%

Volatility

RNMBY vs. HAGHY - Volatility Comparison

The current volatility for Rheinmetall AG ADR (RNMBY) is 10.66%, while Hensoldt AG (HAGHY) has a volatility of 13.78%. This indicates that RNMBY experiences smaller price fluctuations and is considered to be less risky than HAGHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RNMBY	HAGHY	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.66%	13.78%	-3.12%
Volatility (6M) Calculated over the trailing 6-month period	33.61%	41.19%	-7.58%
Volatility (1Y) Calculated over the trailing 1-year period	45.70%	55.82%	-10.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.81%	56.58%	-11.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.50%	56.58%	-15.08%

Dividends

RNMBY vs. HAGHY - Dividend Comparison

RNMBY's dividend yield for the trailing twelve months is around 1.02%, more than HAGHY's 0.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HAGHY Hensoldt AG	0.80%	0.63%	1.20%	1.19%	1.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RNMBY Rheinmetall AG ADR	1.02%	0.49%	0.96%	1.46%	1.82%	1.72%	1.56%	1.36%	1.47%	2.06%	2.97%	0.53%

Financials

RNMBY vs. HAGHY - Profitability Comparison

The chart below illustrates the profitability comparison between Rheinmetall AG ADR and Hensoldt AG over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

RNMBY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Rheinmetall AG ADR reported a gross profit of 430.97M and revenue of 1.97B. Therefore, the gross margin over that period was 21.9%.

HAGHY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hensoldt AG reported a gross profit of 69.00M and revenue of 496.00M. Therefore, the gross margin over that period was 13.9%.

RNMBY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Rheinmetall AG ADR reported an operating income of 178.89M and revenue of 1.97B, resulting in an operating margin of 9.1%.

HAGHY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hensoldt AG reported an operating income of -4.00M and revenue of 496.00M, resulting in an operating margin of -0.8%.

RNMBY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Rheinmetall AG ADR reported a net income of 112.83M and revenue of 1.97B, resulting in a net margin of 5.7%.

HAGHY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hensoldt AG reported a net income of -19.00M and revenue of 496.00M, resulting in a net margin of -3.8%.

Frequently Asked Questions

Can I hold both RNMBY and HAGHY in my portfolio?

RNMBY and HAGHY have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RNMBY or HAGHY?

HAGHY has higher volatility (13.78%) compared to RNMBY (10.66%). In terms of maximum drawdown, RNMBY dropped -67.75% vs HAGHY's -42.91%.

Which has better risk-adjusted returns?

HAGHY currently has the higher Sharpe Ratio (-0.44 vs -0.72), 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.