XSPR.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)

19.5% p.a.

5-Year Horizon

Max Drawdown (5Y)

-21.3%

Deepest Drawdown

Sharpe Ratio

0.13

Moderate (0.0 - 0.5)

Rec. Holding Period

5 - 10+ Years

Investment Horizon

Elevated Risk / Growth: Score Basis:

Diversification Score

High Concentration (> 50%)

23 / 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

75.8%

Focused

Effective Holdings

~17

of 36 holdings

Top Sector

99.2%

Basic Materials

Top Region / Country

27.7%

Switzerland

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	—	—	—	+8.6%
3 Years	19.4%	-18.8%	0.34	+9%
5 Years	19.5%	-21.3%	0.13	+5.1%
10 Years	24.2%	-41.8%	0.28	+9.3%

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 20.7

⚠️ Fund closure risk (< 50M € AUM)

🟡 Moderate analyst coverage (15 analysts)

🔴 Extreme top 10 holdings concentration: 76% of fund in top 10 positions.

🔴 Severe sector concentration risk: 99% in "Basic Materials".

⚠️ Industry concentration: 36% in "Specialty Chemicals".

⚠️ Industry concentration: 32% in "Other Industrial Metals & Mining".

⚠️ Growth estimates are concentrated: Top 3 growth drivers account for 61% of forward growth.

🔴 High Commodity Concentration: 100% of fund depends directly on volatile energy and raw material markets.

🔴 Dominant Cyclicality: 100% in cyclical industries – higher drawdown risk in recessions.