INRG.L - Risk

Risk & Diversification Scores

Transparent evaluation of price volatility (SRI) and 4-dimensional portfolio diversification.

Volatility Risk Score

7/7 Very High

7 / 7 SRI PRIIPs Risk Class

Very high volatility or fundamental risks. Significant loss potential; strictly for aggressive investors.

Volatility (5Y)

31.4% p.a.

5-Year Horizon

Max Drawdown (5Y)

-58.5%

Deepest Drawdown

Sharpe Ratio

-0.20

Negative (< 0.0)

Rec. Holding Period

10+ Years

Investment Horizon

Speculative / High Risk: Score Basis:

Diversification Score

High Concentration (> 50%)

55 / 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

50.6%

Focused

Effective Holdings

~35

of 104 holdings

Top Sector

40.1%

Utilities

Top Region / Country

36.6%

United States

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.

Volatility Expansion (3Y > 5Y) High Volatility

Timeframe	Volatility (p.a.)	Max Drawdown	Sharpe Ratio	Return (p.a.)
1 Year	—	—	—	+8%
3 Years	33.7%	-33.6%	0.07	+4.8%
5 Years	31.4%	-58.5%	-0.2	-3.7%
10 Years	28.8%	-66.9%	0.11	+5.6%

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 21.4

🟢 Deep market liquidity & capital coverage (Tier 1)

🟢 Established large fund (> 500M € AUM)

🟡 Moderate analyst coverage (12.8 analysts)

⚠️ Elevated top 10 holdings concentration: 51% of fund in top 10 positions.

⚠️ Elevated emerging markets risk: 48% Emerging Markets.

⚠️ Sector concentration: 33% in "Technology".

⚠️ Sector concentration: 40% in "Utilities".

⚠️ Industry concentration: 30% in "Solar".

⚠️ Elevated Interest Rate Sensitivity: 70% in rate-sensitive or leverage-heavy industries (real estate, banks, utilities).

ℹ️ Tech-Capex Exposure: 46% in semiconductors & hardware – dependent on hyperscaler capex cycles.

⚠️ Elevated Regulatory & Policy Risk: 70% in heavily regulated industries (defense, regulated utilities, healthcare policy).

🟢 Strong Defensive Buffer: 40% in crisis-resilient, non-cyclical sectors (consumer staples, healthcare, utilities).

🔴 Structurally High Volatility: Above-average fluctuations persist across 5 to 10 years (31.4% p.a.).

⚠️ Historical Stress Test: Maximum peak-to-trough drawdown of -66.9% in the extended horizon.