VOW3.DE vs. PAH3.DE
VOW3.DE (Volkswagen AG) and PAH3.DE (Porsche Automobil Holding SE) are both stocks. Both operate in the Auto Manufacturers industry within the Consumer Cyclical sector. Over the past 10 years, VOW3.DE returned 1.59%/yr vs -0.29%/yr for PAH3.DE. A 0.58 correlation means they provide meaningful diversification when combined.
Performance
VOW3.DE vs. PAH3.DE - Performance Comparison
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Returns By Period
In the year-to-date period, VOW3.DE achieves a -14.44% return, which is significantly higher than PAH3.DE's -22.82% return. Over the past 10 years, VOW3.DE has outperformed PAH3.DE with an annualized return of 1.59%, while PAH3.DE has yielded a comparatively lower -0.29% annualized return.
VOW3.DE
- 1D
- -0.81%
- 1M
- 5.03%
- YTD
- -14.44%
- 6M
- -15.98%
- 1Y
- -5.14%
- 3Y*
- -5.90%
- 5Y*
- -10.53%
- 10Y*
- 1.59%
PAH3.DE
- 1D
- -1.25%
- 1M
- 0.13%
- YTD
- -22.82%
- 6M
- -22.67%
- 1Y
- -10.23%
- 3Y*
- -13.31%
- 5Y*
- -17.51%
- 10Y*
- -0.29%
VOW3.DE vs. PAH3.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VOW3.DE Volkswagen AG | -14.44% | 23.96% | -13.90% | 3.17% | -19.61% | 19.22% | -10.34% | 31.14% | -14.62% | 26.63% |
PAH3.DE Porsche Automobil Holding SE | -22.82% | 15.89% | -17.22% | -5.20% | -36.50% | 51.56% | -5.00% | 34.16% | -24.09% | 37.54% |
Correlation
The correlation between VOW3.DE and PAH3.DE is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 1994 | 0.58 |
Over the past year, VOW3.DE and PAH3.DE have become more correlated (0.84) than their long-term average of 0.58, meaning their price movements have been converging.
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Return for Risk
VOW3.DE vs. PAH3.DE — Risk / Return Rank
VOW3.DE
PAH3.DE
VOW3.DE vs. PAH3.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Volkswagen AG (VOW3.DE) and Porsche Automobil Holding SE (PAH3.DE). 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.
| VOW3.DE | PAH3.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.25 | ||
| Sortino ratioReturn per unit of downside risk | +0.40 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 0.94 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.22 | -0.40 | +0.18 |
| Martin ratioReturn relative to average drawdown | -0.47 | -0.80 | +0.33 |
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
| VOW3.DE | PAH3.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.19 | -0.44 | +0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.36 | -0.59 | +0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.05 | -0.01 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.24 | 0.00 |
Drawdowns
VOW3.DE vs. PAH3.DE - Drawdown Comparison
The maximum VOW3.DE drawdown since its inception was -77.22%, smaller than the maximum PAH3.DE drawdown of -82.38%. Use the drawdown chart below to compare losses from any high point for VOW3.DE and PAH3.DE.
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Drawdown Indicators
| VOW3.DE | PAH3.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.22% | -82.38% | +5.16% |
Max Drawdown (1Y)Largest decline over 1 year | -22.84% | -25.26% | +2.42% |
Max Drawdown (3Y)Largest decline over 3 years | -34.09% | -39.91% | +5.82% |
Max Drawdown (5Y)Largest decline over 5 years | -51.23% | -63.56% | +12.33% |
Max Drawdown (10Y)Largest decline over 10 years | -53.00% | -63.56% | +10.56% |
Current DrawdownCurrent decline from peak | -44.18% | -62.35% | +18.17% |
Average DrawdownAverage peak-to-trough decline | -32.41% | -35.17% | +2.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.89% | 12.74% | -1.85% |
Volatility
VOW3.DE vs. PAH3.DE - Volatility Comparison
Volkswagen AG (VOW3.DE) has a higher volatility of 5.26% compared to Porsche Automobil Holding SE (PAH3.DE) at 4.59%. This indicates that VOW3.DE's price experiences larger fluctuations and is considered to be riskier than PAH3.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VOW3.DE | PAH3.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.26% | 4.59% | +0.67% |
Volatility (6M)Calculated over the trailing 6-month period | 20.11% | 16.66% | +3.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.42% | 23.18% | +4.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.08% | 29.16% | -0.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.83% | 31.53% | +0.30% |
Dividends
VOW3.DE vs. PAH3.DE - Dividend Comparison
Neither VOW3.DE nor PAH3.DE has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAH3.DE Porsche Automobil Holding SE | 0.00% | 4.78% | 7.04% | 5.53% | 5.00% | 2.65% | 9.43% | 3.32% | 3.41% | 1.45% | 1.95% | 4.02% |
VOW3.DE Volkswagen AG | 0.00% | 6.14% | 10.18% | 7.84% | 22.87% | 2.74% | 3.19% | 2.76% | 2.85% | 1.24% | 0.13% | 3.63% |
Financials
VOW3.DE vs. PAH3.DE - Financials Comparison
This section allows you to compare key financial metrics between Volkswagen AG and Porsche Automobil Holding SE. 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
Frequently Asked Questions
VOW3.DE and PAH3.DE have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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