SHA0.DE vs. LAZR

Last updated Jul 21, 2026

SHA0.DE (Schaeffler AG) and LAZR (Luminar Technologies, Inc.) are both stocks. SHA0.DE operates in Auto Parts (Consumer Cyclical), while LAZR operates in Software - Application (Technology). At a 0.16 correlation, their price movements are largely independent.

Performance

SHA0.DE vs. LAZR - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Schaeffler AG (SHA0.DE) and Luminar Technologies, Inc. (LAZR). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SHA0.DE is traded in EUR, while LAZR is traded in USD. To make them comparable, the LAZR values have been converted to EUR using the latest available exchange rates.

Returns By Period

SHA0.DE

• 1D: -3.29%
• 1M: -12.38%
• 6M: -20.64%
• YTD: -1.66%
• 1Y: 70.21%
• 3Y*: 17.68%
• 5Y*: 8.20%
• 10Y*: 1.38%
• ALL TIME*: 1.22%

LAZR

• 1D: 0.95%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SHA0.DE vs. LAZR - Yearly Performance Comparison

	2026 (YTD)
SHA0.DE Schaeffler AG	-0.75%
LAZR Luminar Technologies, Inc.	-24.56%

Correlation

The correlation between SHA0.DE and LAZR is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 30, 2026	0.16

Return for Risk

SHA0.DE vs. LAZR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SHA0.DE

SHA0.DE Risk / Return Rank: 77
SHA0.DE Sharpe Ratio Rank: 82
SHA0.DE Sortino Ratio Rank: 77
SHA0.DE Omega Ratio Rank: 78
SHA0.DE Calmar Ratio Rank: 75
SHA0.DE Martin Ratio Rank: 75

LAZR

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

SHA0.DE vs. LAZR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schaeffler AG (SHA0.DE) and Luminar Technologies, Inc. (LAZR). 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.

	SHA0.DE	LAZR	Difference
Sharpe ratio: Return per unit of total volatility	1.29	—	—
Sortino ratio: Return per unit of downside risk	1.82	—	—
Omega ratio: Gain probability vs. loss probability	1.25	—	—
Calmar ratio: Return relative to maximum drawdown	1.60	—	—
Martin ratio: Return relative to average drawdown	3.80	—	—

Drawdowns

SHA0.DE vs. LAZR - Drawdown Comparison

The maximum SHA0.DE drawdown since its inception was -68.90%, which is greater than LAZR's maximum drawdown of -26.09%. Use the drawdown chart below to compare losses from any high point for SHA0.DE and LAZR.

Drawdown Indicators

	SHA0.DE	LAZR	Difference
Max Drawdown Largest peak-to-trough decline	-68.90%	-26.09%	-42.81%
Max Drawdown (1Y) Largest decline over 1 year	-43.65%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-50.16%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-51.04%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-68.90%	—	—
Current Drawdown Current decline from peak	-30.86%	-25.39%	-5.47%
Average Drawdown Average peak-to-trough decline	-37.66%	-16.65%	-21.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.41%	—	—

Volatility

Volatility by Period

	SHA0.DE	LAZR	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.77%	—	—
Volatility (6M) Calculated over the trailing 6-month period	47.31%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	54.06%	75.36%	-21.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.73%	75.36%	-34.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.59%	75.36%	-35.77%

Dividends

SHA0.DE vs. LAZR - Dividend Comparison

SHA0.DE's dividend yield for the trailing twelve months is around 3.78%, while LAZR has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
LAZR Luminar Technologies, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SHA0.DE Schaeffler AG	3.78%	2.99%	10.61%	8.05%	7.86%	3.43%	13.16%	5.71%	7.37%	3.38%	1.07%

Financials

Frequently Asked Questions

Can I hold both SHA0.DE and LAZR in my portfolio?

SHA0.DE and LAZR have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.