EXS3.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)

19.5% p.a.

5-Year Horizon

Max Drawdown (5Y)

-40.1%

Deepest Drawdown

Sharpe Ratio

-0.29

Negative (< 0.0)

Rec. Holding Period

5 - 10+ Years

Investment Horizon

Elevated Risk / Growth: Score Basis:

Diversification Score

Focused (35% – 50%)

68 / 100 Portfolio Diversification

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

Focused weighting: Top holdings drive a major share of fund returns.

Top 10 Holdings

38.2%

Focused

Effective Holdings

~41

of 50 holdings

Top Sector

33.0%

Industrials

Top Region / Country

98.3%

Germany

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	—	—	—	-5.1%
3 Years	17.8%	-18.7%	0.12	+4.6%
5 Years	19.5%	-40.1%	-0.29	-3.1%
10 Years	18.2%	-40.3%	-0	+2.4%

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 15.2

🟢 Established large fund (> 500M € AUM)

🟡 Moderate analyst coverage (8.8 analysts)

🔴 High single-country risk: 98% of portfolio in "Germany".

⚠️ Sector concentration: 33% in "Industrials".

⚠️ Growth estimates are concentrated: Top 3 growth drivers account for 60% of forward growth.

🔴 Dominant Cyclicality: 65% in cyclical industries – higher drawdown risk in recessions.

⚠️ Elevated Regulatory & Policy Risk: 35% in heavily regulated industries (defense, regulated utilities, healthcare policy).

⚠️ Historical Stress Test: Maximum peak-to-trough drawdown of -40.3% in the extended horizon.