EXH4.DE - 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)

19.7% p.a.

5-Year Horizon

Max Drawdown (5Y)

-32.1%

Deepest Drawdown

Sharpe Ratio

0.32

Moderate (0.0 - 0.5)

Rec. Holding Period

5 - 10+ Years

Investment Horizon

Elevated Risk / Growth: Score Basis:

Diversification Score

High Concentration (> 50%)

31 / 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

54.3%

Focused

Effective Holdings

~32

of 107 holdings

Top Sector

94.5%

Industrials

Top Region / Country

19.7%

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	—	—	—	+2.8%
3 Years	18.5%	-19.3%	0.88	+18.7%
5 Years	19.7%	-32.1%	0.32	+8.7%
10 Years	19.6%	-41.9%	0.37	+9.7%

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 26.2

🟢 Established large fund (> 500M € AUM)

🟡 Moderate analyst coverage (15.7 analysts)

⚠️ Elevated top 10 holdings concentration: 54% of fund in top 10 positions.

🔴 Severe sector concentration risk: 94% in "Industrials".

⚠️ Industry concentration: 30% in "Specialty Industrial Machinery".

⚠️ Industry concentration: 31% in "Aerospace & Defense".

🔴 Dominant Cyclicality: 96% in cyclical industries – higher drawdown risk in recessions.