EXS2.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)

18.9% p.a.

5-Year Horizon

Max Drawdown (5Y)

-35.0%

Deepest Drawdown

Sharpe Ratio

-0.06

Negative (< 0.0)

Rec. Holding Period

5 - 10+ Years

Investment Horizon

Elevated Risk / Growth: Score Basis:

Diversification Score

High Concentration (> 50%)

65 / 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

80.5%

Focused

Effective Holdings

~15

of 30 holdings

Top Sector

48.4%

Technology

Top Region / Country

93.6%

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	—	—	—	+5.6%
3 Years	17.2%	-17.9%	0.4	+9.3%
5 Years	18.9%	-35.0%	-0.06	+1.3%
10 Years	19.4%	-35.0%	0.26	+7.5%

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 24.0

🟢 Established large fund (> 500M € AUM)

🟡 Moderate analyst coverage (14.4 analysts)

🔴 Extreme top 10 holdings concentration: 81% of fund in top 10 positions.

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

⚠️ Sector concentration: 48% in "Technology".

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

⚠️ Elevated Regulatory & Policy Risk: 48% in heavily regulated industries (defense, regulated utilities, healthcare policy).

🟢 Strong Defensive Buffer: 43% in crisis-resilient, non-cyclical sectors (consumer staples, healthcare, utilities).