RNMBY vs. SAABY
RNMBY (Rheinmetall AG ADR) and SAABY (Saab AB (publ)) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 5 years, RNMBY returned 71.11%/yr vs 54.67%/yr for SAABY. Their 0.39 correlation means their historical movements had little consistent relationship.
Performance
RNMBY vs. SAABY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RNMBY achieves a -27.26% return, which is significantly lower than SAABY's 8.56% return.
RNMBY
- 1D
- -0.98%
- 1M
- 3.70%
- 6M
- -36.90%
- YTD
- -27.26%
- 1Y
- -32.52%
- 3Y*
- 67.41%
- 5Y*
- 71.11%
- 10Y*
- 36.17%
- ALL TIME*
- 30.74%
SAABY
- 1D
- 0.84%
- 1M
- 7.43%
- 6M
- -19.22%
- YTD
- 8.56%
- 1Y
- 16.17%
- 3Y*
- 65.43%
- 5Y*
- 54.67%
- 10Y*
- —
- ALL TIME*
- 43.47%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
RNMBY Rheinmetall AG ADR | $13.82M | $17.27M | $25.26M |
SAABY Saab AB (publ) | $3.45M | $3.60M | $3.70M |
RNMBY vs. SAABY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
RNMBY Rheinmetall AG ADR | -27.26% | 190.28% | 99.83% | 63.35% | 122.00% | -13.84% | 66.16% |
SAABY Saab AB (publ) | 8.56% | 177.56% | 39.85% | 47.07% | 67.28% | -48.79% | 82.51% |
Correlation
The correlation between RNMBY and SAABY is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.76 |
Correlation (3Y) Balances recent behavior with more history. | 0.59 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.44 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2020 | 0.39 |
Over the past year, RNMBY and SAABY have become more correlated (0.76) than their long-term average of 0.39, meaning their price movements have been converging.
Fundamentals
RNMBY:
$61.24B
SAABY:
$33.82B
RNMBY:
€3.74
SAABY:
SEK 6.55
RNMBY:
61.00
SAABY:
45.76
RNMBY:
2.79
SAABY:
1.39
RNMBY:
4.59
SAABY:
3.68
RNMBY:
9.98
SAABY:
6.46
RNMBY:
€9.58B
SAABY:
SEK 87.95B
RNMBY:
€4.12B
SAABY:
SEK 19.36B
RNMBY:
€1.81B
SAABY:
SEK 10.25B
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
RNMBY vs. SAABY — Risk / Return Rank
RNMBY
SAABY
RNMBY vs. SAABY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rheinmetall AG ADR (RNMBY) 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.
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 | SAABY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.01 | ||
| Sortino ratioReturn per unit of downside risk | -1.54 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.09 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.61 | 0.42 | -1.03 |
| Martin ratioReturn relative to average drawdown | -1.23 | 0.87 | -2.11 |
Loading charts...
Drawdowns
RNMBY vs. SAABY - Drawdown Comparison
The maximum RNMBY drawdown since its inception was -67.75%, which is greater than SAABY's maximum drawdown of -52.75%. Use the drawdown chart below to compare losses from any high point for RNMBY and SAABY.
Loading charts...
Drawdown Indicators
| RNMBY | SAABY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.75% | -52.75% | -15.00% |
Max Drawdown (1Y)Largest decline over 1 year | -53.78% | -38.38% | -15.40% |
Max Drawdown (3Y)Largest decline over 3 years | -53.78% | -38.38% | -15.40% |
Max Drawdown (5Y)Largest decline over 5 years | -53.78% | -38.38% | -15.40% |
Max Drawdown (10Y)Largest decline over 10 years | -67.75% | — | — |
Current DrawdownCurrent decline from peak | -43.19% | -22.54% | -20.65% |
Average DrawdownAverage peak-to-trough decline | -17.03% | -17.25% | +0.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.54% | 18.46% | +8.08% |
Volatility
RNMBY vs. SAABY - Volatility Comparison
The current volatility for Rheinmetall AG ADR (RNMBY) is 12.96%, while Saab AB (publ) (SAABY) has a volatility of 17.01%. This indicates that RNMBY experiences smaller price fluctuations and is considered to be less risky than SAABY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RNMBY | SAABY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.96% | 17.01% | -4.05% |
Volatility (6M)Calculated over the trailing 6-month period | 40.28% | 33.89% | +6.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.84% | 45.51% | +4.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.92% | 47.80% | -1.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.89% | 57.37% | -15.48% |
Dividends
RNMBY vs. SAABY - Dividend Comparison
RNMBY's dividend yield for the trailing twelve months is around 1.03%, more than SAABY's 0.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RNMBY Rheinmetall AG ADR | 1.03% | 0.49% | 0.96% | 1.46% | 1.82% | 1.72% | 1.56% | 1.36% | 1.47% | 2.06% | 2.97% | 0.53% |
SAABY Saab AB (publ) | 0.38% | 0.36% | 0.73% | 0.84% | 1.24% | 2.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
RNMBY vs. SAABY - Financials Comparison
This section allows you to compare key financial metrics between Rheinmetall AG ADR 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
RNMBY vs. SAABY - Profitability Comparison
RNMBY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.
SAABY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Saab AB (publ) reported a gross profit of 5.75B and revenue of 25.45B. Therefore, the gross margin over that period was 22.6%.
RNMBY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Rheinmetall AG ADR reported an operating income of 178.89M and revenue of 1.97B, resulting in an operating margin of 9.1%.
SAABY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Saab AB (publ) reported an operating income of 2.79B and revenue of 25.45B, resulting in an operating margin of 11.0%.
RNMBY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Rheinmetall AG ADR reported a net income of 112.83M and revenue of 1.97B, resulting in a net margin of 5.7%.
SAABY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Saab AB (publ) reported a net income of 2.14B and revenue of 25.45B, resulting in a net margin of 8.4%.
Frequently Asked Questions
RNMBY and SAABY have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SAABY has higher volatility (17.01%) compared to RNMBY (12.96%). In terms of maximum drawdown, RNMBY dropped -67.75% vs SAABY's -52.75%.
SAABY currently has the higher Sharpe Ratio (0.35 vs -0.66), 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 RNMBY and SAABY
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