XASX.L - 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)

13.5% p.a.

5-Year Horizon

Max Drawdown (5Y)

-18.3%

Deepest Drawdown

Sharpe Ratio

0.19

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

58.1%

Focused

Effective Holdings

~28

of 129 holdings

Top Sector

37.2%

Financial Services

Top Region / Country

94.4%

United Kingdom

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.

Stable Long-Term Volatility

Timeframe	Volatility (p.a.)	Max Drawdown	Sharpe Ratio	Return (p.a.)
1 Year	—	—	—	+5.9%
3 Years	12.6%	-12.7%	0.6	+10%
5 Years	13.5%	-18.3%	0.19	+5%
10 Years	15.1%	-36.0%	-0.02	+2.2%

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 15.4

🟢 Established large fund (> 500M € AUM)

🟡 Moderate analyst coverage (14.4 analysts)

⚠️ Elevated top 10 holdings concentration: 58% of fund in top 10 positions.

🔴 High single-country risk: 94% of portfolio in "United Kingdom".

⚠️ Sector concentration: 37% in "Financial Services".

⚠️ Elevated Economic Cyclicality: 55% in cyclical industries – more vulnerable to economic downturns.

⚠️ Elevated Interest Rate Sensitivity: 46% in rate-sensitive or leverage-heavy industries (real estate, banks, utilities).

⚠️ Elevated Regulatory & Policy Risk: 52% in heavily regulated industries (defense, regulated utilities, healthcare policy).

🟢 Strong Long-Term Stability: The asset exhibits consistently low volatility across 5 and 10 years (<16% p.a.).