SVHH.F vs. KNCRY

Last updated Jun 4, 2026

SVHH.F (Svenska Handelsbanken AB) and KNCRY (Konecranes Abp ADR) are both stocks. SVHH.F operates in Banks - Diversified (Financial Services), while KNCRY operates in Farm & Heavy Construction Machinery (Industrials). Over the past 5 years, SVHH.F returned 8.01%/yr vs 7.85%/yr for KNCRY. At a correlation of -0.02, they often move in opposite directions.

Performance

SVHH.F vs. KNCRY - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Svenska Handelsbanken AB (SVHH.F) and Konecranes Abp ADR (KNCRY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SVHH.F is traded in EUR, while KNCRY is traded in USD. To make them comparable, the KNCRY values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, SVHH.F achieves a 2.82% return, which is significantly higher than KNCRY's -59.04% return.

SVHH.F

• 1D: -0.95%
• 1M: 3.01%
• YTD: 2.82%
• 6M: 2.23%
• 1Y: 6.64%
• 3Y*: 18.63%
• 5Y*: 8.01%
• 10Y*: 2.74%

KNCRY

• 1D: 0.22%
• 1M: -1.71%
• YTD: -59.04%
• 6M: -59.30%
• 1Y: -45.72%
• 3Y*: 1.68%
• 5Y*: 7.85%
• 10Y*: —

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

SVHH.F vs. KNCRY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SVHH.F Svenska Handelsbanken AB	2.82%	24.48%	1.88%	5.57%	0.40%	20.53%	-8.79%	3.34%	-17.01%	-9.64%
KNCRY Konecranes Abp ADR	-59.04%	45.75%	80.09%	43.02%	-20.53%	43.81%	-7.93%	-4.23%	-22.50%	0.68%

Correlation

The correlation between SVHH.F and KNCRY is 0.04, 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	0.04
Correlation (3Y) Calculated over the trailing 3-year period	-0.02
Correlation (5Y) Calculated over the trailing 5-year period	-0.01
Correlation (All Time) Calculated using the full available price history since Sep 25, 2017	-0.02

Return for Risk

SVHH.F vs. KNCRY — Risk / Return Rank

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

SVHH.F

SVHH.F Risk / Return Rank: 46
SVHH.F Sharpe Ratio Rank: 49
SVHH.F Sortino Ratio Rank: 41
SVHH.F Omega Ratio Rank: 43
SVHH.F Calmar Ratio Rank: 48
SVHH.F Martin Ratio Rank: 50

KNCRY

KNCRY Risk / Return Rank: 17
KNCRY Sharpe Ratio Rank: 17
KNCRY Sortino Ratio Rank: 27
KNCRY Omega Ratio Rank: 21
KNCRY Calmar Ratio Rank: 17
KNCRY Martin Ratio Rank: 4

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.

SVHH.F vs. KNCRY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Svenska Handelsbanken AB (SVHH.F) and Konecranes Abp ADR (KNCRY). 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.

	SVHH.F	KNCRY	Difference
Sharpe ratio Return per unit of total volatility	0.23	-0.56	+0.79
Sortino ratio Return per unit of downside risk	0.46	-0.18	+0.64
Omega ratio Gain probability vs. loss probability	1.07	0.94	+0.13
Calmar ratio Return relative to maximum drawdown	0.30	-0.67	+0.96
Martin ratio Return relative to average drawdown	0.82	-1.62	+2.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SVHH.F vs. KNCRY - Sharpe Ratio Comparison

The current SVHH.F Sharpe Ratio is 0.23, which is higher than the KNCRY Sharpe Ratio of -0.56. The chart below compares the historical Sharpe Ratios of SVHH.F and KNCRY, 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

	SVHH.F	KNCRY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.23	-0.56	+0.79
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.26	0.15	+0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.09	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.58	0.06	-0.64

Drawdowns

SVHH.F vs. KNCRY - Drawdown Comparison

The maximum SVHH.F drawdown since its inception was -100.00%, which is greater than KNCRY's maximum drawdown of -68.90%. Use the drawdown chart below to compare losses from any high point for SVHH.F and KNCRY.

Drawdown Indicators

	SVHH.F	KNCRY	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	-68.90%	-31.10%
Max Drawdown (1Y) Largest decline over 1 year	-21.57%	-68.90%	+47.33%
Max Drawdown (3Y) Largest decline over 3 years	-25.97%	-68.90%	+42.93%
Max Drawdown (5Y) Largest decline over 5 years	-27.53%	-68.90%	+41.37%
Max Drawdown (10Y) Largest decline over 10 years	-51.15%	—	—
Current Drawdown Current decline from peak	-100.00%	-65.50%	-34.50%
Average Drawdown Average peak-to-trough decline	-100.00%	-16.88%	-83.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.64%	28.19%	-20.55%

Volatility

SVHH.F vs. KNCRY - Volatility Comparison

The current volatility for Svenska Handelsbanken AB (SVHH.F) is 6.08%, while Konecranes Abp ADR (KNCRY) has a volatility of 19.10%. This indicates that SVHH.F experiences smaller price fluctuations and is considered to be less risky than KNCRY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SVHH.F	KNCRY	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.08%	19.10%	-13.02%
Volatility (6M) Calculated over the trailing 6-month period	23.33%	105.46%	-82.13%
Volatility (1Y) Calculated over the trailing 1-year period	28.10%	81.34%	-53.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.10%	53.48%	-23.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.61%	52.94%	-23.33%

Dividends

SVHH.F vs. KNCRY - Dividend Comparison

SVHH.F's dividend yield for the trailing twelve months is around 1.18%, less than KNCRY's 6.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KNCRY Konecranes Abp ADR	6.67%	1.71%	2.28%	3.42%	8.39%	2.68%	2.11%	0.00%	0.00%	0.00%	0.00%	0.00%
SVHH.F Svenska Handelsbanken AB	1.18%	1.03%	1.05%	0.66%	0.47%	0.39%	6.34%	0.52%	0.75%	0.44%	0.46%	0.48%

Financials

Frequently Asked Questions

Can I hold both SVHH.F and KNCRY in my portfolio?

SVHH.F and KNCRY have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.