E40.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)

17.5% p.a.

5-Year Horizon

Max Drawdown (5Y)

-22.4%

Deepest Drawdown

Sharpe Ratio

0.02

Moderate (0.0 - 0.5)

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

61.4%

Focused

Effective Holdings

~23

of 39 holdings

Top Sector

34.2%

Industrials

Top Region / Country

87.6%

France

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	—	—	—	-8%
3 Years	15.6%	-16.3%	0.04	+3.1%
5 Years	17.5%	-22.4%	0.02	+2.9%
10 Years	17.9%	-38.3%	0.16	+5.4%

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 16.4

Solid fund volume

🟡 Moderate analyst coverage (16.8 analysts)

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

🔴 High single-country risk: 88% of portfolio in "France".

⚠️ Sector concentration: 34% in "Industrials".

⚠️ Elevated Economic Cyclicality: 64% in cyclical industries – more vulnerable to economic downturns.

⚠️ Elevated Regulatory & Policy Risk: 46% in heavily regulated industries (defense, regulated utilities, healthcare policy).