SOON.SW vs. DEMANT.CO

Last updated Jun 5, 2026

SOON.SW (Sonova H Ag) and DEMANT.CO (Demant A/S) are both stocks. Both operate in the Medical Devices industry within the Healthcare sector. Over the past 10 years, SOON.SW returned 6.33%/yr vs 4.08%/yr for DEMANT.CO. At a 0.48 correlation, their price movements are largely independent.

Performance

SOON.SW vs. DEMANT.CO - Performance Comparison

The chart below illustrates the hypothetical performance of a CHF 10,000 investment in Sonova H Ag (SOON.SW) and Demant A/S (DEMANT.CO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SOON.SW is traded in CHF, while DEMANT.CO is traded in DKK. To make them comparable, the DEMANT.CO values have been converted to CHF using the latest available exchange rates.

Returns By Period

In the year-to-date period, SOON.SW achieves a 0.14% return, which is significantly lower than DEMANT.CO's 15.49% return. Over the past 10 years, SOON.SW has outperformed DEMANT.CO with an annualized return of 6.33%, while DEMANT.CO has yielded a comparatively lower 4.08% annualized return.

SOON.SW

• 1D: 1.77%
• 1M: 13.33%
• YTD: 0.14%
• 6M: 2.52%
• 1Y: -16.99%
• 3Y*: -2.43%
• 5Y*: -6.64%
• 10Y*: 6.33%

DEMANT.CO

• 1D: 1.34%
• 1M: 8.96%
• YTD: 15.49%
• 6M: 14.07%
• 1Y: -3.04%
• 3Y*: -4.26%
• 5Y*: -9.44%
• 10Y*: 4.08%

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

SOON.SW vs. DEMANT.CO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SOON.SW Sonova H Ag	0.14%	-28.89%	9.63%	27.56%	-37.76%	57.10%	4.53%	39.68%	7.10%	25.08%
DEMANT.CO Demant A/S	15.49%	-19.51%	-9.93%	44.37%	-45.21%	33.30%	15.00%	9.13%	2.42%	53.95%

Correlation

The correlation between SOON.SW and DEMANT.CO is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (10Y) Calculated over the trailing 10-year period	0.54
Correlation (All Time) Calculated using the full available price history since Aug 31, 2007	0.48

The correlation between SOON.SW and DEMANT.CO shifts across timeframes, from 0.48 (all time) to 0.61 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

SOON.SW vs. DEMANT.CO — Risk / Return Rank

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

SOON.SW

SOON.SW Risk / Return Rank: 18
SOON.SW Sharpe Ratio Rank: 13
SOON.SW Sortino Ratio Rank: 14
SOON.SW Omega Ratio Rank: 14
SOON.SW Calmar Ratio Rank: 24
SOON.SW Martin Ratio Rank: 23

DEMANT.CO

DEMANT.CO Risk / Return Rank: 38
DEMANT.CO Sharpe Ratio Rank: 40
DEMANT.CO Sortino Ratio Rank: 36
DEMANT.CO Omega Ratio Rank: 35
DEMANT.CO Calmar Ratio Rank: 40
DEMANT.CO Martin Ratio Rank: 40

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.

SOON.SW vs. DEMANT.CO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sonova H Ag (SOON.SW) and Demant A/S (DEMANT.CO). 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.

	SOON.SW	DEMANT.CO	Difference
Sharpe ratio: Return per unit of total volatility	-0.67	-0.09	-0.58
Sortino ratio: Return per unit of downside risk	-0.84	0.14	-0.97
Omega ratio: Gain probability vs. loss probability	0.90	1.02	-0.12
Calmar ratio: Return relative to maximum drawdown	-0.51	-0.08	-0.43
Martin ratio: Return relative to average drawdown	-0.93	-0.13	-0.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SOON.SW vs. DEMANT.CO - Sharpe Ratio Comparison

The current SOON.SW Sharpe Ratio is -0.67, which is lower than the DEMANT.CO Sharpe Ratio of -0.09. The chart below compares the historical Sharpe Ratios of SOON.SW and DEMANT.CO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SOON.SW	DEMANT.CO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.67	-0.09	-0.58
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.23	-0.26	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.23	0.12	+0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.06	+0.35

Drawdowns

SOON.SW vs. DEMANT.CO - Drawdown Comparison

The maximum SOON.SW drawdown since its inception was -78.10%, which is greater than DEMANT.CO's maximum drawdown of -69.81%. Use the drawdown chart below to compare losses from any high point for SOON.SW and DEMANT.CO.

Drawdown Indicators

	SOON.SW	DEMANT.CO	Difference
Max Drawdown Largest peak-to-trough decline	-78.10%	-69.81%	-8.29%
Max Drawdown (1Y) Largest decline over 1 year	-33.94%	-40.94%	+7.00%
Max Drawdown (3Y) Largest decline over 3 years	-49.02%	-54.92%	+5.90%
Max Drawdown (5Y) Largest decline over 5 years	-54.93%	-61.81%	+6.88%
Max Drawdown (10Y) Largest decline over 10 years	-54.93%	-61.81%	+6.88%
Current Drawdown Current decline from peak	-44.38%	-44.99%	+0.61%
Average Drawdown Average peak-to-trough decline	-18.12%	-30.02%	+11.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.42%	24.17%	-5.75%

Volatility

SOON.SW vs. DEMANT.CO - Volatility Comparison

The current volatility for Sonova H Ag (SOON.SW) is 11.12%, while Demant A/S (DEMANT.CO) has a volatility of 15.10%. This indicates that SOON.SW experiences smaller price fluctuations and is considered to be less risky than DEMANT.CO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SOON.SW	DEMANT.CO	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.12%	15.10%	-3.98%
Volatility (6M) Calculated over the trailing 6-month period	20.91%	29.15%	-8.24%
Volatility (1Y) Calculated over the trailing 1-year period	25.93%	36.13%	-10.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.79%	36.55%	-7.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.53%	34.56%	-7.03%

Dividends

SOON.SW vs. DEMANT.CO - Dividend Comparison

SOON.SW's dividend yield for the trailing twelve months is around 2.12%, while DEMANT.CO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DEMANT.CO Demant A/S	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SOON.SW Sonova H Ag	2.12%	2.12%	1.45%	1.68%	2.01%	0.89%	0.00%	1.31%	1.62%	1.51%	1.70%	1.61%

Financials

Frequently Asked Questions

Can I hold both SOON.SW and DEMANT.CO in my portfolio?

SOON.SW and DEMANT.CO have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.