VWDRY vs. DNNGY

Last updated Jun 26, 2026

VWDRY (Vestas Wind Systems A/S) and DNNGY (Orsted A/S ADR) are both stocks. VWDRY operates in Specialty Industrial Machinery (Industrials), while DNNGY operates in Utilities - Renewable (Utilities). Over the past 5 years, VWDRY returned -7.06%/yr vs -30.15%/yr for DNNGY. At a 0.46 correlation, their price movements are largely independent.

Performance

VWDRY vs. DNNGY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vestas Wind Systems A/S (VWDRY) and Orsted A/S ADR (DNNGY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VWDRY achieves a -4.19% return, which is significantly lower than DNNGY's 18.41% return.

VWDRY

• 1D: -0.12%
• 1M: -13.45%
• YTD: -4.19%
• 6M: -3.78%
• 1Y: 59.71%
• 3Y*: 0.21%
• 5Y*: -7.06%
• 10Y*: 8.30%

DNNGY

• 1D: 0.95%
• 1M: -14.94%
• YTD: 18.41%
• 6M: 20.23%
• 1Y: -49.11%
• 3Y*: -37.53%
• 5Y*: -30.15%
• 10Y*: —

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

VWDRY vs. DNNGY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VWDRY Vestas Wind Systems A/S	-4.19%	99.19%	-56.82%	9.27%	-5.43%	-34.72%	134.29%	34.77%	10.56%	-18.85%
DNNGY Orsted A/S ADR	18.41%	-57.80%	-18.99%	-37.54%	-28.26%	-36.76%	99.06%	59.41%	22.43%	-8.66%

Correlation

The correlation between VWDRY and DNNGY is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (All Time) Calculated using the full available price history since Oct 23, 2017	0.46

The correlation between VWDRY and DNNGY has been stable across timeframes, ranging from 0.44 to 0.51 - a consistent structural relationship.

Fundamentals

Market Cap VWDRY : $26.35B DNNGY : $29.57B
EPS VWDRY : €0.28 DNNGY : DKK 0.08
PE Ratio VWDRY : 27.15 DNNGY : 600.83
PEG Ratio VWDRY : 0.23 DNNGY : 50.32
PS Ratio VWDRY : 1.20 DNNGY : 1.89
PB Ratio VWDRY : 5.92 DNNGY : 1.60
Total Revenue (TTM) VWDRY : €19.32B DNNGY : DKK 67.84B
Gross Profit (TTM) VWDRY : €2.61B DNNGY : -DKK 7.31B
EBITDA (TTM) VWDRY : €1.30B DNNGY : DKK 15.49B

Return for Risk

VWDRY vs. DNNGY — Risk / Return Rank

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

VWDRY

VWDRY Risk / Return Rank: 79
VWDRY Sharpe Ratio Rank: 79
VWDRY Sortino Ratio Rank: 80
VWDRY Omega Ratio Rank: 76
VWDRY Calmar Ratio Rank: 82
VWDRY Martin Ratio Rank: 79

DNNGY

DNNGY Risk / Return Rank: 23
DNNGY Sharpe Ratio Rank: 19
DNNGY Sortino Ratio Rank: 25
DNNGY Omega Ratio Rank: 23
DNNGY Calmar Ratio Rank: 20
DNNGY Martin Ratio Rank: 28

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.

VWDRY vs. DNNGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vestas Wind Systems A/S (VWDRY) and Orsted A/S ADR (DNNGY). 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.

	VWDRY	DNNGY	Difference
Sharpe ratio: Return per unit of total volatility	1.25	-0.55	+1.80
Sortino ratio: Return per unit of downside risk	2.13	-0.30	+2.43
Omega ratio: Gain probability vs. loss probability	1.25	0.94	+0.31
Calmar ratio: Return relative to maximum drawdown	2.63	-0.64	+3.27
Martin ratio: Return relative to average drawdown	5.70	-0.83	+6.54

VWDRY vs. DNNGY - Sharpe Ratio Comparison

The current VWDRY Sharpe Ratio is 1.25, which is higher than the DNNGY Sharpe Ratio of -0.55. The chart below compares the historical Sharpe Ratios of VWDRY and DNNGY, 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

VWDRY vs. DNNGY - Drawdown Comparison

The maximum VWDRY drawdown since its inception was -96.49%, roughly equal to the maximum DNNGY drawdown of -91.94%. Use the drawdown chart below to compare losses from any high point for VWDRY and DNNGY.

Drawdown Indicators

	VWDRY	DNNGY	Difference
Max Drawdown Largest peak-to-trough decline	-96.49%	-91.94%	-4.55%
Max Drawdown (1Y) Largest decline over 1 year	-22.82%	-76.54%	+53.72%
Max Drawdown (3Y) Largest decline over 3 years	-61.99%	-81.92%	+19.93%
Max Drawdown (5Y) Largest decline over 5 years	-72.64%	-89.18%	+16.54%
Max Drawdown (10Y) Largest decline over 10 years	-76.67%	—	—
Current Drawdown Current decline from peak	-49.70%	-89.56%	+39.86%
Average Drawdown Average peak-to-trough decline	-45.88%	-41.99%	-3.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.50%	58.87%	-48.37%

Volatility

VWDRY vs. DNNGY - Volatility Comparison

Vestas Wind Systems A/S (VWDRY) has a higher volatility of 13.82% compared to Orsted A/S ADR (DNNGY) at 8.81%. This indicates that VWDRY's price experiences larger fluctuations and is considered to be riskier than DNNGY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VWDRY	DNNGY	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.82%	8.81%	+5.01%
Volatility (6M) Calculated over the trailing 6-month period	28.67%	27.10%	+1.57%
Volatility (1Y) Calculated over the trailing 1-year period	47.83%	89.96%	-42.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.55%	58.03%	-10.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.88%	49.88%	-7.00%

Dividends

VWDRY vs. DNNGY - Dividend Comparison

VWDRY's dividend yield for the trailing twelve months is around 0.45%, while DNNGY has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DNNGY Orsted A/S ADR	0.00%	0.00%	0.00%	3.56%	2.09%	1.46%	0.48%	0.89%	1.43%	0.00%	0.00%	0.00%
VWDRY Vestas Wind Systems A/S	0.45%	0.28%	0.00%	0.00%	0.20%	0.56%	0.30%	0.69%	1.28%	3.28%	1.66%	0.77%

Financials

VWDRY vs. DNNGY - Profitability Comparison

The chart below illustrates the profitability comparison between Vestas Wind Systems A/S and Orsted A/S ADR over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

VWDRY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Vestas Wind Systems A/S reported a gross profit of 471.00M and revenue of 3.97B. Therefore, the gross margin over that period was 11.9%.

DNNGY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Orsted A/S ADR reported a gross profit of 2.73B and revenue of 25.07B. Therefore, the gross margin over that period was 10.9%.

VWDRY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Vestas Wind Systems A/S reported an operating income of 127.00M and revenue of 3.97B, resulting in an operating margin of 3.2%.

DNNGY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Orsted A/S ADR reported an operating income of 2.73B and revenue of 25.07B, resulting in an operating margin of 10.9%.

VWDRY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Vestas Wind Systems A/S reported a net income of 82.00M and revenue of 3.97B, resulting in a net margin of 2.1%.

DNNGY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Orsted A/S ADR reported a net income of 2.36B and revenue of 25.07B, resulting in a net margin of 9.4%.

Frequently Asked Questions

Can I hold both VWDRY and DNNGY in my portfolio?

VWDRY and DNNGY have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VWDRY or DNNGY?

VWDRY has higher volatility (13.82%) compared to DNNGY (8.81%). In terms of maximum drawdown, VWDRY dropped -96.49% vs DNNGY's -91.94%.

Which has better risk-adjusted returns?

VWDRY currently has the higher Sharpe Ratio (1.25 vs -0.55), 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.