SAABY vs. SGOV
SAABY (Saab AB (publ)) is a stock, while SGOV (iShares 0-3 Month Treasury Bond ETF) is Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Over the past 5 years, SAABY returned 47.88%/yr vs 3.58%/yr for SGOV. At a correlation of -0.02, they often move in opposite directions.
Performance
SAABY vs. SGOV - Performance Comparison
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Returns By Period
In the year-to-date period, SAABY achieves a -13.27% return, which is significantly lower than SGOV's 1.73% return.
SAABY
- 1D
- 0.24%
- 1M
- -13.61%
- YTD
- -13.27%
- 6M
- -13.36%
- 1Y
- -3.07%
- 3Y*
- 55.18%
- 5Y*
- 47.88%
- 10Y*
- —
SGOV
- 1D
- 0.01%
- 1M
- 0.29%
- YTD
- 1.73%
- 6M
- 1.80%
- 1Y
- 3.92%
- 3Y*
- 4.69%
- 5Y*
- 3.58%
- 10Y*
- —
SAABY vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SAABY Saab AB (publ) | -13.27% | 177.56% | 39.85% | 47.07% | 67.28% | -48.79% | 82.51% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.73% | 4.24% | 5.27% | 5.12% | 1.58% | 0.04% | 0.04% |
Correlation
The correlation between SAABY and SGOV is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since May 28, 2020 | -0.02 |
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Return for Risk
SAABY vs. SGOV — Risk / Return Rank
SAABY
SGOV
SAABY vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Saab AB (publ) (SAABY) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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 | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -20.39 | ||
| Sortino ratioReturn per unit of downside risk | -273.30 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 194.05 | -193.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.08 | 395.07 | -395.15 |
| Martin ratioReturn relative to average drawdown | -0.19 | 4,426.92 | -4,427.11 |
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Drawdowns
SAABY vs. SGOV - Drawdown Comparison
The maximum SAABY drawdown since its inception was -52.75%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for SAABY and SGOV.
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Drawdown Indicators
| SAABY | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.75% | -0.03% | -52.72% |
Max Drawdown (1Y)Largest decline over 1 year | -38.26% | -0.01% | -38.25% |
Max Drawdown (3Y)Largest decline over 3 years | -38.26% | -0.01% | -38.25% |
Max Drawdown (5Y)Largest decline over 5 years | -38.26% | -0.03% | -38.23% |
Current DrawdownCurrent decline from peak | -38.11% | 0.00% | -38.11% |
Average DrawdownAverage peak-to-trough decline | -17.06% | -0.00% | -17.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.30% | 0.00% | +16.30% |
Volatility
SAABY vs. SGOV - Volatility Comparison
Saab AB (publ) (SAABY) has a higher volatility of 14.13% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.04%. This indicates that SAABY's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SAABY | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.13% | 0.04% | +14.09% |
Volatility (6M)Calculated over the trailing 6-month period | 33.02% | 0.12% | +32.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.84% | 0.19% | +47.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.15% | 0.24% | +46.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.39% | 0.24% | +57.15% |
Dividends
SAABY vs. SGOV - Dividend Comparison
SAABY's dividend yield for the trailing twelve months is around 0.47%, less than SGOV's 3.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
SAABY Saab AB (publ) | 0.47% | 0.36% | 0.73% | 0.84% | 1.24% | 2.19% | 0.00% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.85% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% |
Frequently Asked Questions
SAABY and SGOV have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SAABY has higher volatility (14.13%) compared to SGOV (0.04%). In terms of maximum drawdown, SAABY dropped -52.75% vs SGOV's -0.03%.
SGOV currently has the higher Sharpe Ratio (20.32 vs -0.06), 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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