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ARGX vs. UMI.BR
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

ARGX vs. UMI.BR

Last updated Jun 13, 2026

ARGX (argenx SE) and UMI.BR (Umicore SA) are both stocks. ARGX operates in Biotechnology (Healthcare), while UMI.BR operates in Pollution & Treatment Controls (Industrials). Over the past 5 years, ARGX returned 23.21%/yr vs -12.60%/yr for UMI.BR. At a 0.11 correlation, their price movements are largely independent.

Performance

ARGX vs. UMI.BR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in argenx SE (ARGX) and Umicore SA (UMI.BR). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

ARGX is traded in USD, while UMI.BR is traded in EUR. To make them comparable, the UMI.BR values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, ARGX achieves a 6.25% return, which is significantly lower than UMI.BR's 27.78% return.

ARGX

1D
-0.60%
1M
11.79%
YTD
6.25%
6M
1.77%
1Y
54.62%
3Y*
31.12%
5Y*
23.21%
10Y*
—

UMI.BR

1D
3.55%
1M
-6.45%
YTD
27.78%
6M
40.39%
1Y
103.49%
3Y*
-1.06%
5Y*
-12.60%
10Y*
3.11%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ARGX vs. UMI.BR - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ARGX
argenx SE		6.25%36.74%61.66%0.42%8.18%19.08%83.21%67.09%52.15%252.74%
UMI.BR
Umicore SA		27.78%110.15%-60.85%-23.25%-7.74%-13.98%-0.73%25.12%-14.45%46.90%

Correlation

The correlation between ARGX and UMI.BR is 0.04, 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

0.04

Correlation (3Y)
Calculated over the trailing 3-year period

0.02

Correlation (5Y)
Calculated over the trailing 5-year period

0.05

Correlation (All Time)
Calculated using the full available price history since May 18, 2017

0.11

Compare stocks, funds, or ETFs

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argenx SE

Umicore SA

Often compared with ARGX:
ARGX vs. SPYARGX vs. SCHDARGX vs. VOOARGX vs. ARESARGX vs. WMARGX vs. ALGNARGX vs. VTSAX
Often compared with UMI.BR:
UMI.BR vs. SMHUMI.BR vs. SBSWUMI.BR vs. ILU.AXUMI.BR vs. NDA.DEUMI.BR vs. AMG.ASUMI.BR vs. PZAKYUMI.BR vs. IDR.MC

Return for Risk

ARGX vs. UMI.BR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ARGX
ARGX Risk / Return Rank: 8181
Overall Rank
ARGX Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
ARGX Sortino Ratio Rank: 8585
Sortino Ratio Rank
ARGX Omega Ratio Rank: 8282
Omega Ratio Rank
ARGX Calmar Ratio Rank: 7575
Calmar Ratio Rank
ARGX Martin Ratio Rank: 7777
Martin Ratio Rank
UMI.BR
UMI.BR Risk / Return Rank: 8787
Overall Rank
UMI.BR Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
UMI.BR Sortino Ratio Rank: 8888
Sortino Ratio Rank
UMI.BR Omega Ratio Rank: 8888
Omega Ratio Rank
UMI.BR Calmar Ratio Rank: 8686
Calmar Ratio Rank
UMI.BR Martin Ratio Rank: 8484
Martin Ratio Rank
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.

ARGX vs. UMI.BR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for argenx SE (ARGX) and Umicore SA (UMI.BR). 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.

ARGXUMI.BRDifference
Sharpe ratioReturn per unit of total volatility
1.71
2.01

-0.30

Sortino ratioReturn per unit of downside risk
2.52
2.75

-0.23

Omega ratioGain probability vs. loss probability

1.31

1.35

-0.05

Calmar ratioReturn relative to maximum drawdown

1.84

3.06

-1.23

Martin ratioReturn relative to average drawdown

4.89

7.43

-2.54

ARGX vs. UMI.BR - Sharpe Ratio Comparison

The current ARGX Sharpe Ratio is 1.71, which is comparable to the UMI.BR Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of ARGX and UMI.BR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

ARGX vs. UMI.BR - Drawdown Comparison

The maximum ARGX drawdown since its inception was -38.20%, smaller than the maximum UMI.BR drawdown of -87.32%. Use the drawdown chart below to compare losses from any high point for ARGX and UMI.BR.

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Drawdown Indicators

ARGXUMI.BRDifference

Max Drawdown

Largest peak-to-trough decline

-38.20%

-87.32%

+49.12%

Max Drawdown (1Y)

Largest decline over 1 year

-28.58%

-31.01%

+2.43%

Max Drawdown (3Y)

Largest decline over 3 years

-38.20%

-72.34%

+34.14%

Max Drawdown (5Y)

Largest decline over 5 years

-38.20%

-87.32%

+49.12%

Max Drawdown (10Y)

Largest decline over 10 years

—

-87.32%

—

Current Drawdown

Current decline from peak

-3.88%

-57.00%

+53.12%

Average Drawdown

Average peak-to-trough decline

-11.08%

-29.42%

+18.34%

Ulcer Index

Depth and duration of drawdowns from previous peaks

10.79%

12.88%

-2.09%

Volatility

ARGX vs. UMI.BR - Volatility Comparison

The current volatility for argenx SE (ARGX) is 11.41%, while Umicore SA (UMI.BR) has a volatility of 14.64%. This indicates that ARGX experiences smaller price fluctuations and is considered to be less risky than UMI.BR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ARGXUMI.BRDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.41%

14.64%

-3.23%

Volatility (6M)

Calculated over the trailing 6-month period

22.41%

36.74%

-14.33%

Volatility (1Y)

Calculated over the trailing 1-year period

30.80%

47.39%

-16.59%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

38.55%

40.39%

-1.84%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

51.52%

37.57%

+13.95%

Dividends

ARGX vs. UMI.BR - Dividend Comparison

ARGX has not paid dividends to shareholders, while UMI.BR's dividend yield for the trailing twelve months is around 2.21%.

PositionTTM20252024202320222021202020192018201720162015
ARGX
argenx SE		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
UMI.BR
Umicore SA		2.21%1.40%6.92%2.77%2.33%2.10%0.64%1.79%2.08%2.48%4.80%5.17%

Financials

ARGX vs. UMI.BR - Financials Comparison

This section allows you to compare key financial metrics between argenx SE and Umicore SA. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.

Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities

Please note, different currencies. ARGX values in USD, UMI.BR values in EUR

Frequently Asked Questions

ARGX and UMI.BR have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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