VLVLY vs. RACE
VLVLY (Volvo AB ADR) and RACE (Ferrari N.V.) are both stocks. VLVLY operates in Farm & Heavy Construction Machinery (Industrials), while RACE operates in Auto Manufacturers (Consumer Cyclical). Over the past 10 years, VLVLY returned 19.84%/yr vs 25.24%/yr for RACE. At a 0.45 correlation, their price movements are largely independent.
Performance
VLVLY vs. RACE - Performance Comparison
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Returns By Period
In the year-to-date period, VLVLY achieves a 9.31% return, which is significantly higher than RACE's -1.73% return. Over the past 10 years, VLVLY has underperformed RACE with an annualized return of 19.84%, while RACE has yielded a comparatively higher 25.24% annualized return.
VLVLY
- 1D
- 0.12%
- 1M
- -1.44%
- YTD
- 9.31%
- 6M
- 9.31%
- 1Y
- 26.13%
- 3Y*
- 24.76%
- 5Y*
- 12.02%
- 10Y*
- 19.84%
RACE
- 1D
- -2.93%
- 1M
- 10.50%
- YTD
- -1.73%
- 6M
- -1.08%
- 1Y
- -21.64%
- 3Y*
- 7.34%
- 5Y*
- 12.24%
- 10Y*
- 25.24%
VLVLY vs. RACE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VLVLY Volvo AB ADR | 9.31% | 40.70% | -1.07% | 53.43% | -15.39% | 11.22% | 56.05% | 36.41% | -27.35% | 63.49% |
RACE Ferrari N.V. | -1.73% | -11.65% | 26.34% | 59.12% | -16.68% | 13.32% | 39.71% | 67.87% | -4.47% | 81.95% |
Correlation
The correlation between VLVLY and RACE is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jan 19, 2016 | 0.45 |
The correlation between VLVLY and RACE has been stable across timeframes, ranging from 0.43 to 0.50 - a consistent structural relationship.
Fundamentals
VLVLY:
$68.13B
RACE:
$62.93B
VLVLY:
SEK 16.17
RACE:
€8.98
VLVLY:
19.59
RACE:
34.15
VLVLY:
4.47
RACE:
1.77
VLVLY:
1.38
RACE:
7.58
VLVLY:
3.38
RACE:
13.39
VLVLY:
SEK 468.16B
RACE:
€7.21B
VLVLY:
SEK 114.67B
RACE:
€3.72B
VLVLY:
SEK 70.74B
RACE:
€3.18B
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Return for Risk
VLVLY vs. RACE — Risk / Return Rank
VLVLY
RACE
VLVLY vs. RACE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Volvo AB ADR (VLVLY) and Ferrari N.V. (RACE). 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.
| VLVLY | RACE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.41 | ||
| Sortino ratioReturn per unit of downside risk | +2.02 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 0.90 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 0.97 | -0.59 | +1.57 |
| Martin ratioReturn relative to average drawdown | 2.96 | -0.93 | +3.89 |
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Drawdowns
VLVLY vs. RACE - Drawdown Comparison
The maximum VLVLY drawdown since its inception was -50.35%, which is greater than RACE's maximum drawdown of -46.67%. Use the drawdown chart below to compare losses from any high point for VLVLY and RACE.
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Drawdown Indicators
| VLVLY | RACE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.35% | -46.67% | -3.68% |
Max Drawdown (1Y)Largest decline over 1 year | -24.99% | -39.22% | +14.23% |
Max Drawdown (3Y)Largest decline over 3 years | -26.55% | -39.22% | +12.67% |
Max Drawdown (5Y)Largest decline over 5 years | -42.08% | -39.22% | -2.86% |
Max Drawdown (10Y)Largest decline over 10 years | -50.35% | -39.22% | -11.13% |
Current DrawdownCurrent decline from peak | -11.07% | -29.85% | +18.78% |
Average DrawdownAverage peak-to-trough decline | -12.33% | -11.50% | -0.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.22% | 25.02% | -16.80% |
Volatility
VLVLY vs. RACE - Volatility Comparison
The current volatility for Volvo AB ADR (VLVLY) is 11.02%, while Ferrari N.V. (RACE) has a volatility of 12.55%. This indicates that VLVLY experiences smaller price fluctuations and is considered to be less risky than RACE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VLVLY | RACE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.02% | 12.55% | -1.53% |
Volatility (6M)Calculated over the trailing 6-month period | 24.74% | 24.53% | +0.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.28% | 35.36% | -3.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.55% | 29.55% | +1.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.29% | 29.55% | +2.74% |
Dividends
VLVLY vs. RACE - Dividend Comparison
VLVLY's dividend yield for the trailing twelve months is around 4.33%, more than RACE's 2.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
RACE Ferrari N.V. | 2.40% | 1.85% | 0.61% | 0.59% | 0.69% | 0.40% | 0.54% | 0.70% | 0.88% | 0.61% | 0.79% |
VLVLY Volvo AB ADR | 4.33% | 5.27% | 7.14% | 5.04% | 7.66% | 12.75% | 5.59% | 6.50% | 4.10% | 1.94% | 3.17% |
Financials
VLVLY vs. RACE - Financials Comparison
This section allows you to compare key financial metrics between Volvo AB ADR and Ferrari N.V.. 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
VLVLY vs. RACE - Profitability Comparison
VLVLY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Volvo AB ADR reported a gross profit of 28.72B and revenue of 110.77B. Therefore, the gross margin over that period was 25.9%.
RACE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ferrari N.V. reported a gross profit of 961.64M and revenue of 1.86B. Therefore, the gross margin over that period was 51.8%.
VLVLY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Volvo AB ADR reported an operating income of 10.95B and revenue of 110.77B, resulting in an operating margin of 9.9%.
RACE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ferrari N.V. reported an operating income of 554.10M and revenue of 1.86B, resulting in an operating margin of 29.9%.
VLVLY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Volvo AB ADR reported a net income of 8.32B and revenue of 110.77B, resulting in a net margin of 7.5%.
RACE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ferrari N.V. reported a net income of 414.57M and revenue of 1.86B, resulting in a net margin of 22.4%.
Frequently Asked Questions
VLVLY and RACE have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RACE has higher volatility (12.55%) compared to VLVLY (11.02%). In terms of maximum drawdown, VLVLY dropped -50.35% vs RACE's -46.67%.
VLVLY currently has the higher Sharpe Ratio (0.76 vs -0.66), 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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