SAABY vs. RNMBY
SAABY (Saab AB Unsponsored ADR) and RNMBY (Rheinmetall AG ADR) 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 71.11%/yr for RNMBY. Their 0.39 correlation means their historical movements had little consistent relationship.
Performance
SAABY vs. RNMBY - Performance Comparison
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Returns By Period
In the year-to-date period, SAABY achieves a 8.56% return, which is significantly higher than RNMBY's -27.26% 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%
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%
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 |
| $3.45M | $3.60M | $3.70M |
SAABY vs. RNMBY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SAABY Saab AB Unsponsored ADR | 8.56% | 177.56% | 39.85% | 47.07% | 67.28% | -48.79% | 82.51% |
RNMBY Rheinmetall AG ADR | -27.26% | 190.28% | 99.83% | 63.35% | 122.00% | -13.84% | 66.16% |
Correlation
The correlation between SAABY and RNMBY 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, SAABY and RNMBY have become more correlated (0.76) than their long-term average of 0.39, meaning their price movements have been converging.
Fundamentals
SAABY:
$33.82B
RNMBY:
$61.24B
SAABY:
SEK 6.55
RNMBY:
€3.74
SAABY:
45.76
RNMBY:
61.00
SAABY:
1.39
RNMBY:
2.79
SAABY:
3.68
RNMBY:
4.59
SAABY:
6.46
RNMBY:
9.98
SAABY:
SEK 87.95B
RNMBY:
€9.58B
SAABY:
SEK 19.36B
RNMBY:
€4.12B
SAABY:
SEK 10.25B
RNMBY:
€1.81B
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Return for Risk
SAABY vs. RNMBY — Risk / Return Rank
SAABY
RNMBY
SAABY vs. RNMBY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Saab AB Unsponsored ADR (SAABY) and Rheinmetall AG ADR (RNMBY). 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 | RNMBY | 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 | 1.09 | 0.91 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.42 | -0.61 | +1.03 |
| Martin ratioReturn relative to average drawdown | 0.87 | -1.23 | +2.11 |
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Drawdowns
SAABY vs. RNMBY - Drawdown Comparison
The maximum SAABY drawdown since its inception was -52.75%, smaller than the maximum RNMBY drawdown of -67.75%. Use the drawdown chart below to compare losses from any high point for SAABY and RNMBY.
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Drawdown Indicators
| SAABY | RNMBY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.75% | -67.75% | +15.00% |
Max Drawdown (1Y)Largest decline over 1 year | -38.38% | -53.78% | +15.40% |
Max Drawdown (3Y)Largest decline over 3 years | -38.38% | -53.78% | +15.40% |
Max Drawdown (5Y)Largest decline over 5 years | -38.38% | -53.78% | +15.40% |
Max Drawdown (10Y)Largest decline over 10 years | — | -67.75% | — |
Current DrawdownCurrent decline from peak | -22.54% | -43.19% | +20.65% |
Average DrawdownAverage peak-to-trough decline | -17.25% | -17.03% | -0.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.46% | 26.54% | -8.08% |
Volatility
SAABY vs. RNMBY - Volatility Comparison
Saab AB Unsponsored ADR (SAABY) has a higher volatility of 17.01% compared to Rheinmetall AG ADR (RNMBY) at 12.96%. This indicates that SAABY's price experiences larger fluctuations and is considered to be riskier than RNMBY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SAABY | RNMBY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.01% | 12.96% | +4.05% |
Volatility (6M)Calculated over the trailing 6-month period | 33.89% | 40.28% | -6.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.51% | 49.84% | -4.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.80% | 45.92% | +1.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.37% | 41.89% | +15.48% |
Dividends
SAABY vs. RNMBY - Dividend Comparison
SAABY's dividend yield for the trailing twelve months is around 0.38%, less than RNMBY's 1.03% 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 Unsponsored ADR | 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. RNMBY - Financials Comparison
This section allows you to compare key financial metrics between Saab AB Unsponsored ADR and Rheinmetall AG ADR. 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. RNMBY - 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 Unsponsored ADR reported a gross profit of 5.75B and revenue of 25.45B. Therefore, the gross margin over that period was 22.6%.
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 - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Saab AB Unsponsored ADR reported an operating income of 2.79B and revenue of 25.45B, resulting in an operating margin of 11.0%.
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 - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Saab AB Unsponsored ADR reported a net income of 2.14B and revenue of 25.45B, resulting in a net margin of 8.4%.
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%.
Frequently Asked Questions
SAABY and RNMBY 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, SAABY dropped -52.75% vs RNMBY's -67.75%.
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.
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