ATYM.L vs. ION
ATYM.L (Atalaya Mining Ltd) is a stock, while ION (Proshares S&P Global Core Battery Metals ETF) is Lithium & Battery Metals fund tracking the S&P Global Core Battery Metals Index - Benchmark TR Net. Over the past 3 years, ATYM.L returned 38.85%/yr vs 11.52%/yr for ION. At a 0.38 correlation, their price movements are largely independent.
Performance
ATYM.L vs. ION - Performance Comparison
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Different Trading Currencies
ATYM.L is traded in GBp, while ION is traded in USD. To make them comparable, the ION values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, ATYM.L achieves a -4.50% return, which is significantly lower than ION's 0.54% return.
ATYM.L
- 1D
- 4.08%
- 1M
- -6.69%
- YTD
- -4.50%
- 6M
- -5.06%
- 1Y
- 82.02%
- 3Y*
- 38.85%
- 5Y*
- 25.14%
- 10Y*
- 24.45%
ION
- 1D
- 2.00%
- 1M
- -13.95%
- YTD
- 0.54%
- 6M
- 0.33%
- 1Y
- 84.73%
- 3Y*
- 11.52%
- 5Y*
- —
- 10Y*
- —
ATYM.L vs. ION - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ATYM.L Atalaya Mining Ltd | -4.50% | 141.04% | 0.93% | 11.73% | 8.55% |
ION Proshares S&P Global Core Battery Metals ETF | 0.54% | 93.52% | -18.63% | -18.39% | -7.25% |
Correlation
The correlation between ATYM.L and ION is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Dec 1, 2022 | 0.38 |
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Return for Risk
ATYM.L vs. ION — Risk / Return Rank
ATYM.L
ION
ATYM.L vs. ION - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Atalaya Mining Ltd (ATYM.L) and Proshares S&P Global Core Battery Metals ETF (ION). 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.
| ATYM.L | ION | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.45 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.34 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.24 | 3.41 | -1.17 |
| Martin ratioReturn relative to average drawdown | 5.43 | 10.83 | -5.40 |
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Drawdowns
ATYM.L vs. ION - Drawdown Comparison
The maximum ATYM.L drawdown since its inception was -93.06%, which is greater than ION's maximum drawdown of -53.57%. Use the drawdown chart below to compare losses from any high point for ATYM.L and ION.
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Drawdown Indicators
| ATYM.L | ION | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.06% | -53.57% | -39.49% |
Max Drawdown (1Y)Largest decline over 1 year | -36.50% | -25.00% | -11.50% |
Max Drawdown (3Y)Largest decline over 3 years | -36.87% | -44.96% | +8.09% |
Max Drawdown (5Y)Largest decline over 5 years | -57.50% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -68.65% | — | — |
Current DrawdownCurrent decline from peak | -23.98% | -23.49% | -0.49% |
Average DrawdownAverage peak-to-trough decline | -62.66% | -25.24% | -37.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.05% | 7.85% | +7.20% |
Volatility
ATYM.L vs. ION - Volatility Comparison
Atalaya Mining Ltd (ATYM.L) has a higher volatility of 16.09% compared to Proshares S&P Global Core Battery Metals ETF (ION) at 13.07%. This indicates that ATYM.L's price experiences larger fluctuations and is considered to be riskier than ION based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ATYM.L | ION | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.09% | 13.07% | +3.02% |
Volatility (6M)Calculated over the trailing 6-month period | 38.84% | 30.04% | +8.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.66% | 37.94% | +7.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.27% | 29.65% | +10.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.47% | 29.65% | +9.82% |
Dividends
ATYM.L vs. ION - Dividend Comparison
ATYM.L's dividend yield for the trailing twelve months is around 0.75%, less than ION's 1.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
ATYM.L Atalaya Mining Ltd | 0.75% | 0.71% | 1.71% | 1.91% | 0.91% | 7.14% |
ION Proshares S&P Global Core Battery Metals ETF | 1.50% | 1.63% | 1.74% | 2.23% | 0.13% | 0.00% |
Frequently Asked Questions
ATYM.L and ION have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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