SAABY vs. GD
SAABY (Saab AB (publ)) and GD (General Dynamics Corporation) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 5 years, SAABY returned 54.67%/yr vs 16.78%/yr for GD. Their 0.16 correlation means their historical movements had little consistent relationship.
Performance
SAABY vs. GD - Performance Comparison
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Returns By Period
In the year-to-date period, SAABY achieves a 8.56% return, which is significantly lower than GD's 15.39% return.
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%
GD
- 1D
- 0.32%
- 1M
- 2.64%
- 6M
- 10.20%
- YTD
- 15.39%
- 1Y
- 25.57%
- 3Y*
- 21.77%
- 5Y*
- 16.78%
- 10Y*
- 12.38%
- ALL TIME*
- 15.66%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $513.72M | $452.34M | $446.02M | |
SAABY Saab AB (publ) | $3.45M | $3.60M | $3.70M |
SAABY vs. GD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SAABY Saab AB (publ) | 8.56% | 177.56% | 39.85% | 47.07% | 67.28% | -48.79% | 82.51% |
GD General Dynamics Corporation | 15.39% | 30.39% | 3.52% | 7.13% | 21.69% | 43.77% | 9.08% |
Correlation
The correlation between SAABY and GD is 0.34, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.34 |
Correlation (3Y) Balances recent behavior with more history. | 0.24 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.18 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2020 | 0.16 |
The correlation between SAABY and GD shifts across timeframes, from 0.16 (all time) to 0.34 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
SAABY:
$33.82B
GD:
$103.74B
SAABY:
SEK 6.55
GD:
$16.41
SAABY:
45.76
GD:
23.36
SAABY:
1.39
GD:
2.95
SAABY:
3.68
GD:
1.91
SAABY:
6.46
GD:
3.91
SAABY:
SEK 87.95B
GD:
$54.86B
SAABY:
SEK 19.36B
GD:
$8.44B
SAABY:
SEK 10.25B
GD:
$5.97B
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Return for Risk
SAABY vs. GD — Risk / Return Rank
SAABY
GD
SAABY vs. GD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Saab AB (publ) (SAABY) and General Dynamics Corporation (GD). 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.
| SAABY | GD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.22 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.42 | 1.74 | -1.32 |
| Martin ratioReturn relative to average drawdown | 0.87 | 5.84 | -4.97 |
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Drawdowns
SAABY vs. GD - Drawdown Comparison
The maximum SAABY drawdown since its inception was -52.75%, smaller than the maximum GD drawdown of -75.67%. Use the drawdown chart below to compare losses from any high point for SAABY and GD.
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Drawdown Indicators
| SAABY | GD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.75% | -75.67% | +22.92% |
Max Drawdown (1Y)Largest decline over 1 year | -38.38% | -14.53% | -23.85% |
Max Drawdown (3Y)Largest decline over 3 years | -38.38% | -22.55% | -15.83% |
Max Drawdown (5Y)Largest decline over 5 years | -38.38% | -22.55% | -15.83% |
Max Drawdown (10Y)Largest decline over 10 years | — | -51.63% | — |
Current DrawdownCurrent decline from peak | -22.54% | -2.48% | -20.06% |
Average DrawdownAverage peak-to-trough decline | -17.25% | -15.57% | -1.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.46% | 4.33% | +14.13% |
Volatility
SAABY vs. GD - Volatility Comparison
Saab AB (publ) (SAABY) has a higher volatility of 17.01% compared to General Dynamics Corporation (GD) at 6.08%. This indicates that SAABY's price experiences larger fluctuations and is considered to be riskier than GD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SAABY | GD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.01% | 6.08% | +10.93% |
Volatility (6M)Calculated over the trailing 6-month period | 33.89% | 17.70% | +16.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.51% | 21.81% | +23.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.80% | 20.64% | +27.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.37% | 22.82% | +34.55% |
Dividends
SAABY vs. GD - Dividend Comparison
SAABY's dividend yield for the trailing twelve months is around 0.38%, less than GD's 1.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GD General Dynamics Corporation | 1.61% | 1.76% | 2.12% | 2.01% | 2.00% | 2.24% | 2.90% | 2.26% | 2.31% | 1.61% | 1.72% | 1.96% |
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
SAABY vs. GD - Financials Comparison
This section allows you to compare key financial metrics between Saab AB (publ) and General Dynamics Corporation. 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
SAABY vs. GD - Profitability Comparison
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%.
GD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, General Dynamics Corporation reported a gross profit of 2.18B and revenue of 14.09B. Therefore, the gross margin over that period was 15.5%.
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%.
GD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, General Dynamics Corporation reported an operating income of 1.46B and revenue of 14.09B, resulting in an operating margin of 10.4%.
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%.
GD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, General Dynamics Corporation reported a net income of 1.16B and revenue of 14.09B, resulting in a net margin of 8.2%.
Frequently Asked Questions
SAABY and GD have a correlation of 0.34, 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 GD (6.08%). In terms of maximum drawdown, SAABY dropped -52.75% vs GD's -75.67%.
GD currently has the higher Sharpe Ratio (1.16 vs 0.35), 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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