TKMS.DE vs. KBGGY

Last updated Jun 5, 2026

TKMS.DE (ThyssenKrupp Marine Systems AG) and KBGGY (Kongsberg Gruppen ASA) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. At a 0.46 correlation, their price movements are largely independent.

Performance

TKMS.DE vs. KBGGY - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in ThyssenKrupp Marine Systems AG (TKMS.DE) and Kongsberg Gruppen ASA (KBGGY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, TKMS.DE achieves a 15.58% return, which is significantly lower than KBGGY's 57.27% return.

TKMS.DE

• 1D: 0.66%
• 1M: -10.75%
• YTD: 15.58%
• 6M: 12.11%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KBGGY

• 1D: 0.92%
• 1M: -5.38%
• YTD: 57.27%
• 6M: 62.89%
• 1Y: -44.76%
• 3Y*: 65.19%
• 5Y*: —
• 10Y*: —

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

TKMS.DE vs. KBGGY - Yearly Performance Comparison

	2026 (YTD)	2025
TKMS.DE ThyssenKrupp Marine Systems AG	15.58%	-18.50%
KBGGY Kongsberg Gruppen ASA	57.27%	-13.31%

Correlation

The correlation between TKMS.DE and KBGGY is 0.46, 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 Oct 21, 2025	0.46

Return for Risk

TKMS.DE vs. KBGGY — Risk / Return Rank

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

KBGGY

KBGGY Risk / Return Rank: 16
KBGGY Sharpe Ratio Rank: 11
KBGGY Sortino Ratio Rank: 14
KBGGY Omega Ratio Rank: 13
KBGGY Calmar Ratio Rank: 18
KBGGY Martin Ratio Rank: 26

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.

TKMS.DE vs. KBGGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ThyssenKrupp Marine Systems AG (TKMS.DE) and Kongsberg Gruppen ASA (KBGGY). 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.

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

Sharpe Ratios by Period

	TKMS.DE	KBGGY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.73	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.15	1.03	-1.18

Drawdowns

TKMS.DE vs. KBGGY - Drawdown Comparison

The maximum TKMS.DE drawdown since its inception was -32.09%, smaller than the maximum KBGGY drawdown of -68.62%. Use the drawdown chart below to compare losses from any high point for TKMS.DE and KBGGY.

Drawdown Indicators

	TKMS.DE	KBGGY	Difference
Max Drawdown Largest peak-to-trough decline	-32.09%	-68.62%	+36.53%
Max Drawdown (1Y) Largest decline over 1 year	—	-68.62%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-68.62%	—
Current Drawdown Current decline from peak	-24.43%	-45.19%	+20.76%
Average Drawdown Average peak-to-trough decline	-14.01%	-20.46%	+6.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	54.49%	—

Volatility

Volatility by Period

	TKMS.DE	KBGGY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.22%	—
Volatility (6M) Calculated over the trailing 6-month period	—	38.00%	—
Volatility (1Y) Calculated over the trailing 1-year period	60.90%	63.09%	-2.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.90%	61.65%	-0.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.90%	61.65%	-0.75%

Dividends

TKMS.DE vs. KBGGY - Dividend Comparison

TKMS.DE has not paid dividends to shareholders, while KBGGY's dividend yield for the trailing twelve months is around 24.64%.

Position	TTM	2025	2024
KBGGY Kongsberg Gruppen ASA	24.64%	5.82%	1.18%
TKMS.DE ThyssenKrupp Marine Systems AG	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both TKMS.DE and KBGGY in my portfolio?

TKMS.DE and KBGGY have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.