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SAABY vs. IWR
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SAABY vs. IWR

Last updated Jun 5, 2026

SAABY (Saab AB (publ)) is a stock, while IWR (iShares Russell Midcap ETF) is Mid Cap Growth Equities fund tracking the Russell Midcap Index. Over the past 5 years, SAABY returned 51.27%/yr vs 8.11%/yr for IWR. At a 0.09 correlation, their price movements are largely independent.

Performance

SAABY vs. IWR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Saab AB (publ) (SAABY) and iShares Russell Midcap ETF (IWR). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SAABY achieves a -2.86% return, which is significantly lower than IWR's 13.02% return.

SAABY

1D
2.37%
1M
-9.33%
YTD
-2.86%
6M
11.10%
1Y
11.00%
3Y*
58.26%
5Y*
51.27%
10Y*
—

IWR

1D
0.52%
1M
3.28%
YTD
13.02%
6M
12.45%
1Y
22.54%
3Y*
17.59%
5Y*
8.11%
10Y*
11.55%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SAABY vs. IWR - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
SAABY
Saab AB (publ)		-2.86%177.56%39.85%47.07%67.28%-48.79%82.51%
IWR
iShares Russell Midcap ETF		13.02%10.37%15.21%17.05%-17.48%22.44%49.95%

Correlation

The correlation between SAABY and IWR 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

0.16

Correlation (5Y)
Calculated over the trailing 5-year period

0.10

Correlation (All Time)
Calculated using the full available price history since Apr 16, 2020

0.09

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Saab AB (publ)

iShares Russell Midcap ETF

Often compared with SAABY:
SAABY vs. RHM.DESAABY vs. KBGGYSAABY vs. NOVO-B.COSAABY vs. LDO.MISAABY vs. HO.PASAABY vs. HAG.DESAABY vs. RNMBY
Often compared with IWR:
IWR vs. VOIWR vs. IWDIWR vs. SPMDIWR vs. IWNIWR vs. SCHMIWR vs. VXFIWR vs. REGL

Return for Risk

SAABY vs. IWR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SAABY
SAABY Risk / Return Rank: 4848
Overall Rank
SAABY Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
SAABY Sortino Ratio Rank: 4747
Sortino Ratio Rank
SAABY Omega Ratio Rank: 4545
Omega Ratio Rank
SAABY Calmar Ratio Rank: 4949
Calmar Ratio Rank
SAABY Martin Ratio Rank: 5151
Martin Ratio Rank
IWR
IWR Risk / Return Rank: 5353
Overall Rank
IWR Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
IWR Sortino Ratio Rank: 5151
Sortino Ratio Rank
IWR Omega Ratio Rank: 4848
Omega Ratio Rank
IWR Calmar Ratio Rank: 5757
Calmar Ratio Rank
IWR Martin Ratio Rank: 6161
Martin Ratio Rank
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.

SAABY vs. IWR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Saab AB (publ) (SAABY) and iShares Russell Midcap ETF (IWR). 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.

SAABYIWRDifference
Sharpe ratioReturn per unit of total volatility
0.22
1.69

-1.47

Sortino ratioReturn per unit of downside risk
0.68
2.44

-1.76

Omega ratioGain probability vs. loss probability

1.08

1.30

-0.22

Calmar ratioReturn relative to maximum drawdown

0.30

2.77

-2.47

Martin ratioReturn relative to average drawdown

0.77

10.70

-9.93

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SAABY vs. IWR - Sharpe Ratio Comparison

The current SAABY Sharpe Ratio is 0.22, which is lower than the IWR Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of SAABY and IWR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

SAABYIWRDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.22

1.69

-1.47

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.10

0.45

+0.65

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.60

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.77

0.50

+0.28

Drawdowns

SAABY vs. IWR - Drawdown Comparison

The maximum SAABY drawdown since its inception was -52.75%, smaller than the maximum IWR drawdown of -58.78%. Use the drawdown chart below to compare losses from any high point for SAABY and IWR.

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Drawdown Indicators

SAABYIWRDifference

Max Drawdown

Largest peak-to-trough decline

-52.75%

-58.78%

+6.03%

Max Drawdown (1Y)

Largest decline over 1 year

-37.04%

-8.17%

-28.87%

Max Drawdown (3Y)

Largest decline over 3 years

-37.04%

-21.09%

-15.95%

Max Drawdown (5Y)

Largest decline over 5 years

-37.04%

-26.18%

-10.86%

Max Drawdown (10Y)

Largest decline over 10 years

—

-40.59%

—

Current Drawdown

Current decline from peak

-30.68%

0.00%

-30.68%

Average Drawdown

Average peak-to-trough decline

-16.91%

-7.80%

-9.11%

Ulcer Index

Depth and duration of drawdowns from previous peaks

14.33%

2.11%

+12.22%

Volatility

SAABY vs. IWR - Volatility Comparison

Saab AB (publ) (SAABY) has a higher volatility of 16.41% compared to iShares Russell Midcap ETF (IWR) at 3.16%. This indicates that SAABY's price experiences larger fluctuations and is considered to be riskier than IWR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SAABYIWRDifference

Volatility (1M)

Calculated over the trailing 1-month period

16.41%

3.16%

+13.25%

Volatility (6M)

Calculated over the trailing 6-month period

32.77%

9.84%

+22.93%

Volatility (1Y)

Calculated over the trailing 1-year period

49.56%

13.36%

+36.20%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

46.98%

18.22%

+28.76%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

57.57%

19.36%

+38.21%

Dividends

SAABY vs. IWR - Dividend Comparison

SAABY's dividend yield for the trailing twelve months is around 0.42%, less than IWR's 1.14% yield.

PositionTTM20252024202320222021202020192018201720162015
IWR
iShares Russell Midcap ETF		1.14%1.29%1.27%1.43%1.59%1.04%1.28%1.43%1.98%1.52%1.72%1.59%
SAABY
Saab AB (publ)		0.42%0.36%0.73%0.84%1.24%2.19%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

SAABY and IWR 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.

SAABY has higher volatility (16.41%) compared to IWR (3.16%). In terms of maximum drawdown, SAABY dropped -52.75% vs IWR's -58.78%.

IWR currently has the higher Sharpe Ratio (1.69 vs 0.22), 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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