ATEYY vs. VALE

Last updated Jun 9, 2026

ATEYY (Advantest Corp DRC) and VALE (Vale S.A.) are both stocks. ATEYY operates in Semiconductor Equipment & Materials (Technology), while VALE operates in Other Industrial Metals & Mining (Basic Materials). Over the past 10 years, ATEYY returned 51.21%/yr vs 20.98%/yr for VALE. At a 0.21 correlation, their price movements are largely independent.

Performance

ATEYY vs. VALE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Advantest Corp DRC (ATEYY) and Vale S.A. (VALE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ATEYY achieves a 31.02% return, which is significantly higher than VALE's 15.04% return. Over the past 10 years, ATEYY has outperformed VALE with an annualized return of 51.21%, while VALE has yielded a comparatively lower 20.98% annualized return.

ATEYY

• 1D: 7.82%
• 1M: -16.54%
• YTD: 31.02%
• 6M: 27.11%
• 1Y: 199.81%
• 3Y*: 73.30%
• 5Y*: 49.34%
• 10Y*: 51.21%

VALE

• 1D: -1.58%
• 1M: -9.86%
• YTD: 15.04%
• 6M: 19.11%
• 1Y: 66.24%
• 3Y*: 10.73%
• 5Y*: 1.65%
• 10Y*: 20.98%

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

ATEYY vs. VALE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ATEYY Advantest Corp DRC	31.02%	122.70%	68.99%	111.43%	-33.43%	27.37%	30.96%	176.84%	12.51%	12.66%
VALE Vale S.A.	15.04%	60.70%	-38.83%	1.57%	32.54%	-1.45%	32.40%	2.72%	12.25%	68.03%

Correlation

The correlation between ATEYY and VALE is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (5Y) Calculated over the trailing 5-year period	0.26
Correlation (10Y) Calculated over the trailing 10-year period	0.21
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.21

Over the past year, ATEYY and VALE have become more correlated (0.48) than their long-term average of 0.21, meaning their price movements have been converging.

Fundamentals

Market Cap ATEYY : $120.75B VALE : $64.08B
EPS ATEYY : $520.21 VALE : $0.65
PE Ratio ATEYY : 0.32 VALE : 22.94
PS Ratio ATEYY : 0.11 VALE : 1.62
PB Ratio ATEYY : 0.15 VALE : 1.75
Total Revenue (TTM) ATEYY : $1.14T VALE : $39.53B
Gross Profit (TTM) ATEYY : $736.09B VALE : $13.65B
EBITDA (TTM) ATEYY : $533.69B VALE : $14.33B

Return for Risk

ATEYY vs. VALE — Risk / Return Rank

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

ATEYY

ATEYY Risk / Return Rank: 92
ATEYY Sharpe Ratio Rank: 95
ATEYY Sortino Ratio Rank: 91
ATEYY Omega Ratio Rank: 89
ATEYY Calmar Ratio Rank: 94
ATEYY Martin Ratio Rank: 94

VALE

VALE Risk / Return Rank: 87
VALE Sharpe Ratio Rank: 90
VALE Sortino Ratio Rank: 86
VALE Omega Ratio Rank: 85
VALE Calmar Ratio Rank: 86
VALE Martin Ratio Rank: 90

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.

ATEYY vs. VALE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Advantest Corp DRC (ATEYY) and Vale S.A. (VALE). 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.

	ATEYY	VALE	Difference
Sharpe ratio: Return per unit of total volatility	2.96	2.09	+0.87
Sortino ratio: Return per unit of downside risk	3.19	2.65	+0.54
Omega ratio: Gain probability vs. loss probability	1.39	1.34	+0.05
Calmar ratio: Return relative to maximum drawdown	6.05	3.35	+2.70
Martin ratio: Return relative to average drawdown	16.62	11.56	+5.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ATEYY vs. VALE - Sharpe Ratio Comparison

The current ATEYY Sharpe Ratio is 2.96, which is higher than the VALE Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of ATEYY and VALE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ATEYY	VALE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.96	2.09	+0.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.94	0.05	+0.90
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.07	0.52	+0.55
Sharpe Ratio (All Time) Calculated using the full available price history	1.13	0.30	+0.82

Drawdowns

ATEYY vs. VALE - Drawdown Comparison

The maximum ATEYY drawdown since its inception was -56.48%, smaller than the maximum VALE drawdown of -92.78%. Use the drawdown chart below to compare losses from any high point for ATEYY and VALE.

Drawdown Indicators

	ATEYY	VALE	Difference
Max Drawdown Largest peak-to-trough decline	-56.48%	-92.78%	+36.30%
Max Drawdown (1Y) Largest decline over 1 year	-33.24%	-19.85%	-13.39%
Max Drawdown (3Y) Largest decline over 3 years	-44.70%	-41.94%	-2.76%
Max Drawdown (5Y) Largest decline over 5 years	-56.48%	-49.79%	-6.69%
Max Drawdown (10Y) Largest decline over 10 years	-56.48%	-57.60%	+1.12%
Current Drawdown Current decline from peak	-16.54%	-15.88%	-0.66%
Average Drawdown Average peak-to-trough decline	-14.23%	-36.72%	+22.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.08%	5.75%	+6.33%

Volatility

ATEYY vs. VALE - Volatility Comparison

Advantest Corp DRC (ATEYY) has a higher volatility of 21.85% compared to Vale S.A. (VALE) at 9.08%. This indicates that ATEYY's price experiences larger fluctuations and is considered to be riskier than VALE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ATEYY	VALE	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.85%	9.08%	+12.77%
Volatility (6M) Calculated over the trailing 6-month period	51.89%	26.61%	+25.28%
Volatility (1Y) Calculated over the trailing 1-year period	68.01%	31.92%	+36.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.61%	35.45%	+17.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.23%	40.87%	+7.36%

Dividends

ATEYY vs. VALE - Dividend Comparison

ATEYY has not paid dividends to shareholders, while VALE's dividend yield for the trailing twelve months is around 3.83%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ATEYY Advantest Corp DRC	0.00%	0.11%	0.22%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.18%	1.24%	0.00%
VALE Vale S.A.	3.83%	7.29%	11.41%	7.75%	8.63%	19.70%	2.72%	2.63%	4.16%	3.77%	1.06%	7.48%

Financials

ATEYY vs. VALE - Profitability Comparison

The chart below illustrates the profitability comparison between Advantest Corp DRC and Vale S.A. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ATEYY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Advantest Corp DRC reported a gross profit of 225.18B and revenue of 334.10B. Therefore, the gross margin over that period was 67.4%.

VALE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Vale S.A. reported a gross profit of 3.06B and revenue of 9.26B. Therefore, the gross margin over that period was 33.0%.

ATEYY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Advantest Corp DRC reported an operating income of 156.38B and revenue of 334.10B, resulting in an operating margin of 46.8%.

VALE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Vale S.A. reported an operating income of 2.67B and revenue of 9.26B, resulting in an operating margin of 28.8%.

ATEYY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Advantest Corp DRC reported a net income of 129.16B and revenue of 334.10B, resulting in a net margin of 38.7%.

VALE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Vale S.A. reported a net income of 1.89B and revenue of 9.26B, resulting in a net margin of 20.5%.

Frequently Asked Questions

Can I hold both ATEYY and VALE in my portfolio?

ATEYY and VALE have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ATEYY or VALE?

ATEYY has higher volatility (21.85%) compared to VALE (9.08%). In terms of maximum drawdown, ATEYY dropped -56.48% vs VALE's -92.78%.

Which has better risk-adjusted returns?

ATEYY currently has the higher Sharpe Ratio (2.96 vs 2.09), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.