ANTO.L vs. ERO

Last updated Apr 2, 2026

Compare and contrast key facts about Antofagasta plc (ANTO.L) and Ero Copper Corp (ERO).

Performance

ANTO.L vs. ERO - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Antofagasta plc (ANTO.L) and Ero Copper Corp (ERO). The values are adjusted to include any dividend payments, if applicable.

ANTO.L vs. ERO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ANTO.L Antofagasta plc	6.19%	108.87%	-4.41%	11.47%	21.60%	-4.98%	59.60%	20.79%	-19.88%	0.20%
ERO Ero Copper Corp	0.79%	94.91%	-13.14%	9.10%	0.62%	-4.84%	-13.59%	142.10%	27.95%	49.46%

Different Trading Currencies

ANTO.L is traded in GBp, while ERO is traded in USD. To make them comparable, the ERO values have been converted to GBp using the latest available exchange rates.

Fundamentals

Market Cap ANTO.L : £34.33B ERO : $2.94B
EPS ANTO.L : £1.93 ERO : $2.54
PE Ratio ANTO.L : 18.05 ERO : 11.03
PEG Ratio ANTO.L : 2.06 ERO : 0.12
PS Ratio ANTO.L : 2.57 ERO : 3.70
PB Ratio ANTO.L : 3.31 ERO : 3.14
Total Revenue (TTM) ANTO.L : £13.36B ERO : $790.77M
Gross Profit (TTM) ANTO.L : £5.92B ERO : $346.87M
EBITDA (TTM) ANTO.L : £7.12B ERO : $516.88M

Returns By Period

In the year-to-date period, ANTO.L achieves a 6.19% return, which is significantly higher than ERO's 0.79% return.

ANTO.L

• 1D: 4.66%
• 1M: -16.26%
• YTD: 6.19%
• 6M: 28.96%
• 1Y: 108.93%
• 3Y*: 32.20%
• 5Y*: 18.37%
• 10Y*: 25.29%

ERO

• 1D: 4.93%
• 1M: -15.04%
• YTD: 0.79%
• 6M: 38.13%
• 1Y: 122.15%
• 3Y*: 13.95%
• 5Y*: 10.91%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

ANTO.L vs. ERO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ANTO.L

ANTO.L Risk / Return Rank: 91
ANTO.L Sharpe Ratio Rank: 93
ANTO.L Sortino Ratio Rank: 91
ANTO.L Omega Ratio Rank: 89
ANTO.L Calmar Ratio Rank: 89
ANTO.L Martin Ratio Rank: 94

ERO

ERO Risk / Return Rank: 88
ERO Sharpe Ratio Rank: 92
ERO Sortino Ratio Rank: 86
ERO Omega Ratio Rank: 85
ERO Calmar Ratio Rank: 88
ERO Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ANTO.L vs. ERO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Antofagasta plc (ANTO.L) and Ero Copper Corp (ERO). 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.

	ANTO.L	ERO	Difference
Sharpe ratio Return per unit of total volatility	2.46	2.22	+0.24
Sortino ratio Return per unit of downside risk	3.00	2.54	+0.46
Omega ratio Gain probability vs. loss probability	1.38	1.34	+0.04
Calmar ratio Return relative to maximum drawdown	3.72	3.51	+0.21
Martin ratio Return relative to average drawdown	14.64	9.67	+4.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ANTO.L vs. ERO - Sharpe Ratio Comparison

The current ANTO.L Sharpe Ratio is 2.46, which is comparable to the ERO Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of ANTO.L and ERO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ANTO.L	ERO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.46	2.22	+0.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.21	+0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.66	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.13	0.54	-0.67

Correlation

The correlation between ANTO.L and ERO is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ANTO.L vs. ERO - Dividend Comparison

ANTO.L's dividend yield for the trailing twelve months is around 0.64%, while ERO has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ANTO.L Antofagasta plc	0.64%	0.68%	1.28%	2.37%	5.15%	2.80%	0.95%	3.16%	3.25%	1.50%	0.26%	1.18%
ERO Ero Copper Corp	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

ANTO.L vs. ERO - Drawdown Comparison

The maximum ANTO.L drawdown since its inception was -99.97%, which is greater than ERO's maximum drawdown of -65.06%. Use the drawdown chart below to compare losses from any high point for ANTO.L and ERO.

Drawdown Indicators

	ANTO.L	ERO	Difference
Max Drawdown Largest peak-to-trough decline	-99.97%	-67.17%	-32.80%
Max Drawdown (1Y) Largest decline over 1 year	-29.45%	-37.97%	+8.52%
Max Drawdown (5Y) Largest decline over 5 years	-45.62%	-65.66%	+20.04%
Max Drawdown (10Y) Largest decline over 10 years	-45.62%	—	—
Current Drawdown Current decline from peak	-86.23%	-26.24%	-59.99%
Average Drawdown Average peak-to-trough decline	-94.60%	-27.10%	-67.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.49%	13.96%	-6.47%

Volatility

ANTO.L vs. ERO - Volatility Comparison

Antofagasta plc (ANTO.L) has a higher volatility of 18.86% compared to Ero Copper Corp (ERO) at 17.84%. This indicates that ANTO.L's price experiences larger fluctuations and is considered to be riskier than ERO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ANTO.L	ERO	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.86%	17.84%	+1.02%
Volatility (6M) Calculated over the trailing 6-month period	34.95%	40.40%	-5.45%
Volatility (1Y) Calculated over the trailing 1-year period	44.08%	55.34%	-11.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.80%	51.15%	-12.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.46%	56.87%	-18.41%

Financials

ANTO.L vs. ERO - Profitability Comparison

The chart below illustrates the profitability comparison between Antofagasta plc and Ero Copper Corp over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ANTO.L - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Antofagasta plc reported a gross profit of 2.56B and revenue of 4.84B. Therefore, the gross margin over that period was 52.9%.

ERO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Ero Copper Corp reported a gross profit of 165.59M and revenue of 325.08M. Therefore, the gross margin over that period was 50.9%.

ANTO.L - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Antofagasta plc reported an operating income of 2.18B and revenue of 4.84B, resulting in an operating margin of 45.0%.

ERO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Ero Copper Corp reported an operating income of 142.83M and revenue of 325.08M, resulting in an operating margin of 43.9%.

ANTO.L - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Antofagasta plc reported a net income of 811.18M and revenue of 4.84B, resulting in a net margin of 16.8%.

ERO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Ero Copper Corp reported a net income of 78.15M and revenue of 325.08M, resulting in a net margin of 24.0%.