ALTN.L vs. TDGB.L
ALTN.L (AltynGold plc) is a stock, while TDGB.L (VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF) is Global Equities fund tracking the Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. Over the past 10 years, ALTN.L returned 16.07%/yr vs 10.68%/yr for TDGB.L. At a 0.05 correlation, their price movements are largely independent.
Performance
ALTN.L vs. TDGB.L - Performance Comparison
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Different Trading Currencies
ALTN.L is traded in GBp, while TDGB.L is traded in GBP. To make them comparable, the TDGB.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, ALTN.L achieves a -24.53% return, which is significantly lower than TDGB.L's 9.19% return. Over the past 10 years, ALTN.L has outperformed TDGB.L with an annualized return of 16.07%, while TDGB.L has yielded a comparatively lower 10.68% annualized return.
ALTN.L
- 1D
- -0.43%
- 1M
- -14.50%
- YTD
- -24.53%
- 6M
- -27.75%
- 1Y
- 93.16%
- 3Y*
- 102.04%
- 5Y*
- 47.72%
- 10Y*
- 16.07%
TDGB.L
- 1D
- 0.25%
- 1M
- -0.85%
- YTD
- 9.19%
- 6M
- 9.90%
- 1Y
- 29.91%
- 3Y*
- 20.98%
- 5Y*
- 17.76%
- 10Y*
- 10.68%
ALTN.L vs. TDGB.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALTN.L AltynGold plc | -24.53% | 546.60% | 80.19% | 28.48% | -27.95% | 0.66% | 121.73% | -10.78% | -53.44% | -33.24% |
TDGB.L VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 9.19% | 30.90% | 10.66% | 9.04% | 22.49% | 19.59% | -5.61% | 3.88% | -7.98% | 2.87% |
Correlation
The correlation between ALTN.L and TDGB.L is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since May 23, 2016 | 0.05 |
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Return for Risk
ALTN.L vs. TDGB.L — Risk / Return Rank
ALTN.L
TDGB.L
ALTN.L vs. TDGB.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AltynGold plc (ALTN.L) and VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDGB.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ALTN.L | TDGB.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.87 | ||
| Sortino ratioReturn per unit of downside risk | -2.46 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.60 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | 1.95 | 6.39 | -4.43 |
| Martin ratioReturn relative to average drawdown | 4.52 | 21.09 | -16.57 |
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Drawdowns
ALTN.L vs. TDGB.L - Drawdown Comparison
The maximum ALTN.L drawdown since its inception was -98.48%, which is greater than TDGB.L's maximum drawdown of -32.94%. Use the drawdown chart below to compare losses from any high point for ALTN.L and TDGB.L.
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Drawdown Indicators
| ALTN.L | TDGB.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.48% | -32.94% | -65.54% |
Max Drawdown (1Y)Largest decline over 1 year | -47.41% | -4.66% | -42.75% |
Max Drawdown (3Y)Largest decline over 3 years | -47.41% | -12.42% | -34.99% |
Max Drawdown (5Y)Largest decline over 5 years | -49.10% | -12.42% | -36.68% |
Max Drawdown (10Y)Largest decline over 10 years | -85.06% | -32.94% | -52.12% |
Current DrawdownCurrent decline from peak | -56.53% | -1.22% | -55.31% |
Average DrawdownAverage peak-to-trough decline | -80.28% | -4.91% | -75.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.54% | 1.41% | +19.13% |
Volatility
ALTN.L vs. TDGB.L - Volatility Comparison
AltynGold plc (ALTN.L) has a higher volatility of 19.83% compared to VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDGB.L) at 2.13%. This indicates that ALTN.L's price experiences larger fluctuations and is considered to be riskier than TDGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALTN.L | TDGB.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.83% | 2.13% | +17.70% |
Volatility (6M)Calculated over the trailing 6-month period | 50.71% | 7.03% | +43.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.05% | 9.29% | +59.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.84% | 11.43% | +50.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 81.77% | 13.69% | +68.08% |
Dividends
ALTN.L vs. TDGB.L - Dividend Comparison
ALTN.L has not paid dividends to shareholders, while TDGB.L's dividend yield for the trailing twelve months is around 3.19%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
ALTN.L AltynGold plc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TDGB.L VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 3.19% | 3.50% | 4.26% | 4.93% | 4.40% | 4.06% | 4.16% | 4.52% | 4.38% | 3.48% |
Frequently Asked Questions
ALTN.L and TDGB.L have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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