XB4A.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)

19.1% p.a.

5-Year Horizon

Max Drawdown (5Y)

-32.5%

Deepest Drawdown

Sharpe Ratio

0.73

Good (0.5 - 1.0)

Rec. Holding Period

5 - 10+ Years

Investment Horizon

Elevated Risk / Growth: Score Basis:

Diversification Score

High Concentration (> 50%)

52 / 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

86.2%

Focused

Effective Holdings

~13

of 25 holdings

Top Sector

51.1%

Financial Services

Top Region / Country

99.7%

Austria

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	—	—	—	+42.9%
3 Years	16.2%	-16.3%	1.88	+33.1%
5 Years	19.1%	-32.5%	0.73	+16.4%
10 Years	20.2%	-53.5%	0.56	+13.9%

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 13.1

Solid fund volume

🟡 Moderate analyst coverage (8.1 analysts)

🔴 Extreme top 10 holdings concentration: 86% of fund in top 10 positions.

🔴 Severe sector concentration risk: 51% in "Financial Services".

⚠️ Industry concentration: 45% in "Banks - Regional".

⚠️ Growth estimates are concentrated: Top 3 growth drivers account for 51% of forward growth.

⚠️ Elevated Commodity Sensitivity: 22% of fund depends directly on energy and raw material prices (oil, metals, basic materials).

🔴 Dominant Cyclicality: 82% in cyclical industries – higher drawdown risk in recessions.

⚠️ Elevated Interest Rate Sensitivity: 68% in rate-sensitive or leverage-heavy industries (real estate, banks, utilities).

⚠️ Elevated Regulatory & Policy Risk: 71% in heavily regulated industries (defense, regulated utilities, healthcare policy).

⚠️ Historical Stress Test: Maximum peak-to-trough drawdown of -53.5% in the extended horizon.