TKAMY vs. SAABY

Last updated Jul 18, 2026

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 9.16%/yr vs 52.57%/yr for SAABY. At a 0.11 correlation, their price movements are largely independent.

Performance

TKAMY vs. SAABY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Thyssenkrupp AG ADR (TKAMY) and Saab AB (publ) (SAABY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TKAMY achieves a 27.04% return, which is significantly higher than SAABY's 1.40% return.

TKAMY

• 1D: 0.45%
• 1M: 7.55%
• 6M: 14.47%
• YTD: 27.04%
• 1Y: 7.28%
• 3Y*: 21.33%
• 5Y*: 9.16%
• 10Y*: —

SAABY

• 1D: 10.18%
• 1M: 10.10%
• 6M: -23.46%
• YTD: 1.40%
• 1Y: 19.48%
• 3Y*: 61.48%
• 5Y*: 52.57%
• 10Y*: —

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

TKAMY vs. SAABY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
TKAMY Thyssenkrupp AG ADR	27.04%	175.88%	-40.20%	18.03%	-44.90%	11.12%	45.02%
SAABY Saab AB (publ)	1.40%	177.56%	39.85%	47.07%	67.28%	-48.79%	82.51%

Correlation

The correlation between TKAMY and SAABY is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (All Time) Calculated using the full available price history since Apr 15, 2020	0.11

The correlation between TKAMY and SAABY shifts across timeframes, from 0.11 (all time) to 0.28 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap TKAMY : $8.43B SAABY : $31.63B
EPS TKAMY : €0.10 SAABY : SEK 5.98
PE Ratio TKAMY : 121.40 SAABY : 47.34
PEG Ratio TKAMY : 2.11 SAABY : 1.44
PS Ratio TKAMY : 0.23 SAABY : 3.72
PB Ratio TKAMY : 0.80 SAABY : 6.86
Total Revenue (TTM) TKAMY : €32.06B SAABY : SEK 82.29B
Gross Profit (TTM) TKAMY : €3.66B SAABY : SEK 17.87B
EBITDA (TTM) TKAMY : €2.18B SAABY : SEK 9.44B

Return for Risk

TKAMY vs. SAABY — Risk / Return Rank

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

TKAMY

TKAMY Risk / Return Rank: 50
TKAMY Sharpe Ratio Rank: 50
TKAMY Sortino Ratio Rank: 49
TKAMY Omega Ratio Rank: 50
TKAMY Calmar Ratio Rank: 49
TKAMY Martin Ratio Rank: 49

SAABY

SAABY Risk / Return Rank: 57
SAABY Sharpe Ratio Rank: 59
SAABY Sortino Ratio Rank: 58
SAABY Omega Ratio Rank: 54
SAABY Calmar Ratio Rank: 57
SAABY Martin Ratio Rank: 57

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.

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.

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.

	TKAMY	SAABY	Difference
Sharpe ratio: Return per unit of total volatility	0.11	0.40	-0.28
Sortino ratio: Return per unit of downside risk	0.59	0.96	-0.37
Omega ratio: Gain probability vs. loss probability	1.08	1.11	-0.02
Calmar ratio: Return relative to maximum drawdown	0.15	0.51	-0.36
Martin ratio: Return relative to average drawdown	0.30	1.09	-0.79

TKAMY vs. SAABY - Sharpe Ratio Comparison

The current TKAMY Sharpe Ratio is 0.11, which is lower than the SAABY Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of TKAMY and SAABY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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.

Drawdown Indicators

	TKAMY	SAABY	Difference
Max Drawdown Largest peak-to-trough decline	-90.08%	-52.75%	-37.33%
Max Drawdown (1Y) Largest decline over 1 year	-48.64%	-38.38%	-10.26%
Max Drawdown (3Y) Largest decline over 3 years	-61.12%	-38.38%	-22.74%
Max Drawdown (5Y) Largest decline over 5 years	-73.76%	-38.38%	-35.38%
Current Drawdown Current decline from peak	-54.65%	-27.65%	-27.00%
Average Drawdown Average peak-to-trough decline	-63.83%	-17.20%	-46.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.14%	17.89%	+6.25%

Volatility

TKAMY vs. SAABY - Volatility Comparison

Thyssenkrupp AG ADR (TKAMY) and Saab AB (publ) (SAABY) have volatilities of 17.83% and 17.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TKAMY	SAABY	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.83%	17.17%	+0.66%
Volatility (6M) Calculated over the trailing 6-month period	44.26%	34.42%	+9.84%
Volatility (1Y) Calculated over the trailing 1-year period	64.01%	49.23%	+14.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.99%	47.73%	+7.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.20%	57.51%	-2.31%

Dividends

TKAMY vs. SAABY - Dividend Comparison

TKAMY's dividend yield for the trailing twelve months is around 1.29%, more than SAABY's 0.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
SAABY Saab AB (publ)	0.40%	0.36%	0.73%	0.84%	1.24%	2.19%	0.00%	0.00%	0.00%
TKAMY Thyssenkrupp AG ADR	1.29%	1.44%	4.04%	2.31%	0.00%	0.00%	0.00%	0.81%	0.66%

Financials

TKAMY vs. SAABY - Profitability Comparison

The chart below illustrates the profitability comparison between Thyssenkrupp AG ADR and Saab AB (publ) over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TKAMY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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 Jul 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 Jul 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 Jul 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 Jul 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 Jul 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

Can I hold both TKAMY and SAABY in my portfolio?

TKAMY and SAABY have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TKAMY or SAABY?

TKAMY has higher volatility (17.83%) compared to SAABY (17.17%). In terms of maximum drawdown, TKAMY dropped -90.08% vs SAABY's -52.75%.

Which has better risk-adjusted returns?

SAABY currently has the higher Sharpe Ratio (0.40 vs 0.11), 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.