TKAMY vs. SAABY
TKAMY (Thyssenkrupp AG ADR) and SAABY (Saab AB (publ)) are both stocks. Both are in the Industrials sector — TKAMY in Metal Fabrication, SAABY in Aerospace & Defense. Over the past 5 years, TKAMY returned 3.89%/yr vs 51.19%/yr for SAABY. At a 0.10 correlation, their price movements are largely independent.
Performance
TKAMY vs. SAABY - Performance Comparison
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Returns By Period
In the year-to-date period, TKAMY achieves a 22.54% return, which is significantly higher than SAABY's -3.10% return.
TKAMY
- 1D
- -0.46%
- 1M
- 3.08%
- YTD
- 22.54%
- 6M
- 19.88%
- 1Y
- 37.43%
- 3Y*
- 22.04%
- 5Y*
- 3.89%
- 10Y*
- —
SAABY
- 1D
- 1.56%
- 1M
- -4.17%
- YTD
- -3.10%
- 6M
- 4.44%
- 1Y
- 6.53%
- 3Y*
- 60.83%
- 5Y*
- 51.19%
- 10Y*
- —
TKAMY vs. SAABY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
TKAMY Thyssenkrupp AG ADR | 22.54% | 175.88% | -40.20% | 18.03% | -44.90% | 11.12% | 45.02% |
SAABY Saab AB (publ) | -3.10% | 177.56% | 39.85% | 47.07% | 67.28% | -48.79% | 82.51% |
Correlation
The correlation between TKAMY and SAABY is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2020 | 0.10 |
The correlation between TKAMY and SAABY shifts across timeframes, from 0.10 (all time) to 0.26 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
TKAMY:
$8.13B
SAABY:
$30.33B
TKAMY:
$0.10
SAABY:
$5.98
TKAMY:
133.98
SAABY:
4.69
TKAMY:
2.33
SAABY:
0.14
TKAMY:
0.25
SAABY:
0.37
TKAMY:
0.89
SAABY:
0.68
TKAMY:
$32.06B
SAABY:
$82.29B
TKAMY:
$3.66B
SAABY:
$17.87B
TKAMY:
$2.18B
SAABY:
$9.44B
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Return for Risk
TKAMY vs. SAABY — Risk / Return Rank
TKAMY
SAABY
TKAMY vs. SAABY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Thyssenkrupp AG ADR (TKAMY) and Saab AB (publ) (SAABY). 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.
| TKAMY | SAABY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.46 | ||
| Sortino ratioReturn per unit of downside risk | +0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.06 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.77 | 0.18 | +0.60 |
| Martin ratioReturn relative to average drawdown | 1.62 | 0.45 | +1.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TKAMY | SAABY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.60 | 0.13 | +0.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | 1.10 | -1.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.15 | 0.77 | -0.92 |
Drawdowns
TKAMY vs. SAABY - Drawdown Comparison
The maximum TKAMY drawdown since its inception was -90.08%, which is greater than SAABY's maximum drawdown of -52.75%. Use the drawdown chart below to compare losses from any high point for TKAMY and SAABY.
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Drawdown Indicators
| TKAMY | SAABY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.08% | -52.75% | -37.33% |
Max Drawdown (1Y)Largest decline over 1 year | -48.64% | -37.04% | -11.60% |
Max Drawdown (3Y)Largest decline over 3 years | -61.74% | -37.04% | -24.70% |
Max Drawdown (5Y)Largest decline over 5 years | -73.76% | -37.04% | -36.72% |
Current DrawdownCurrent decline from peak | -56.26% | -30.86% | -25.40% |
Average DrawdownAverage peak-to-trough decline | -63.94% | -16.93% | -47.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.24% | 14.58% | +8.66% |
Volatility
TKAMY vs. SAABY - Volatility Comparison
The current volatility for Thyssenkrupp AG ADR (TKAMY) is 12.43%, while Saab AB (publ) (SAABY) has a volatility of 15.81%. This indicates that TKAMY experiences smaller price fluctuations and is considered to be less risky than SAABY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TKAMY | SAABY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.43% | 15.81% | -3.38% |
Volatility (6M)Calculated over the trailing 6-month period | 42.73% | 32.83% | +9.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.09% | 49.42% | +13.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.68% | 46.99% | +7.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.15% | 57.54% | -2.39% |
Dividends
TKAMY vs. SAABY - Dividend Comparison
TKAMY's dividend yield for the trailing twelve months is around 1.34%, more than SAABY's 0.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
SAABY Saab AB (publ) | 0.42% | 0.36% | 0.73% | 0.84% | 1.24% | 2.19% | 0.00% | 0.00% | 0.00% |
TKAMY Thyssenkrupp AG ADR | 1.34% | 1.44% | 4.04% | 2.31% | 0.00% | 0.00% | 0.00% | 0.81% | 0.66% |
Financials
TKAMY vs. SAABY - Financials Comparison
This section allows you to compare key financial metrics between Thyssenkrupp AG ADR and Saab AB (publ). 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
TKAMY vs. SAABY - Profitability Comparison
TKAMY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Thyssenkrupp AG ADR reported a gross profit of 1.11B and revenue of 8.52B. Therefore, the gross margin over that period was 13.0%.
SAABY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Saab AB (publ) reported a gross profit of 4.48B and revenue of 19.16B. Therefore, the gross margin over that period was 23.4%.
TKAMY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Thyssenkrupp AG ADR reported an operating income of 94.53M and revenue of 8.52B, resulting in an operating margin of 1.1%.
SAABY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Saab AB (publ) reported an operating income of 1.91B and revenue of 19.16B, resulting in an operating margin of 10.0%.
TKAMY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Thyssenkrupp AG ADR reported a net income of 1.02M and revenue of 8.52B, resulting in a net margin of 0.0%.
SAABY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Saab AB (publ) reported a net income of 1.44B and revenue of 19.16B, resulting in a net margin of 7.5%.
Frequently Asked Questions
TKAMY and SAABY have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SAABY has higher volatility (15.81%) compared to TKAMY (12.43%). In terms of maximum drawdown, TKAMY dropped -90.08% vs SAABY's -52.75%.
TKAMY currently has the higher Sharpe Ratio (0.60 vs 0.13), 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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