CV9.PA - Risk

Risk & Diversification Scores

Transparent evaluation of price volatility (SRI) and 4-dimensional portfolio diversification.

Volatility Risk Score

5/7 Elevated

5 / 7 SRI PRIIPs Risk Class

Above-average volatility. Suitable for experienced investors with high risk tolerance (5+ years horizon).

Volatility (5Y)

13.7% p.a.

5-Year Horizon

Max Drawdown (5Y)

-17.1%

Deepest Drawdown

Sharpe Ratio

0.84

Good (0.5 - 1.0)

Rec. Holding Period

5 - 10+ Years

Investment Horizon

Elevated Risk / Growth: Score Basis:

Diversification Score

High Concentration (> 50%)

68 / 100 Portfolio Diversification

4 Dimensions: Holdings (30%) • Sectors (25%) • Industries (25%) • Regions (20%)

High concentration risk: A few heavyweights drive the majority of fund value.

Top 10 Holdings

61%

Focused

Effective Holdings

~23

of 36 holdings

Top Sector

50.3%

Technology

Top Region / Country

88.4%

United States

Elevated concentration in top individual holdings, leading sectors, or key regions.

Multi-Horizon Risk & Performance Matrix

Historical volatility, drawdowns, and risk-adjusted return across 1, 3, 5, and 10 years.

Timeframe	Volatility (p.a.)	Max Drawdown	Sharpe Ratio	Return (p.a.)
1 Year	—	—	—	+19%
3 Years	11.8%	-14.8%	1.47	+19.8%
5 Years	13.7%	-17.1%	0.84	+14%
10 Years	16.2%	-40.0%	0.43	+9.4%

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 25.2

🟢 Deep market liquidity & capital coverage (Tier 1)

Solid fund volume

🟢 High institutional analyst coverage (38.1 analysts)

🔴 Extreme top 10 holdings concentration: 61% of fund in top 10 positions.

🔴 Severe sector concentration risk: 50% in "Technology".

🔴 Growth estimates are hyper-concentrated: Top 3 growth drivers account for 70% of total forward growth.

ℹ️ Tech-Capex Exposure: 35% in semiconductors & hardware – dependent on hyperscaler capex cycles.