ATYM.L vs. MNS.TO

Last updated Jun 4, 2026

ATYM.L (Atalaya Mining Ltd) is a stock, while MNS.TO (Royal Canadian Mint - Canadian Silver Reserves) is Silver fund tracking the N/A (Physical Bullion). Over the past 10 years, ATYM.L returned 24.18%/yr vs 16.25%/yr for MNS.TO. At a 0.13 correlation, their price movements are largely independent.

Performance

ATYM.L vs. MNS.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Atalaya Mining Ltd (ATYM.L) and Royal Canadian Mint - Canadian Silver Reserves (MNS.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ATYM.L is traded in GBp, while MNS.TO is traded in CAD. To make them comparable, the MNS.TO 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 0.35% return, which is significantly higher than MNS.TO's -9.20% return. Over the past 10 years, ATYM.L has outperformed MNS.TO with an annualized return of 24.18%, while MNS.TO has yielded a comparatively lower 16.25% annualized return.

ATYM.L

• 1D: -2.17%
• 1M: 15.09%
• YTD: 0.35%
• 6M: 15.79%
• 1Y: 96.23%
• 3Y*: 41.16%
• 5Y*: 23.68%
• 10Y*: 24.18%

MNS.TO

• 1D: -2.15%
• 1M: 0.54%
• YTD: -9.20%
• 6M: 21.10%
• 1Y: 100.52%
• 3Y*: 42.06%
• 5Y*: 21.14%
• 10Y*: 16.25%

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

ATYM.L vs. MNS.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ATYM.L Atalaya Mining Ltd	0.35%	141.03%	0.93%	11.73%	-17.55%	88.92%	22.40%	-8.35%	26.97%	35.25%
MNS.TO Royal Canadian Mint - Canadian Silver Reserves	-9.20%	154.14%	32.82%	-8.51%	9.90%	-14.03%	44.25%	10.95%	-4.53%	-3.31%

Correlation

The correlation between ATYM.L and MNS.TO is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (10Y) Calculated over the trailing 10-year period	0.15
Correlation (All Time) Calculated using the full available price history since Nov 6, 2012	0.13

The correlation between ATYM.L and MNS.TO shifts across timeframes, from 0.13 (all time) to 0.32 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

ATYM.L vs. MNS.TO — Risk / Return Rank

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

ATYM.L

ATYM.L Risk / Return Rank: 84
ATYM.L Sharpe Ratio Rank: 89
ATYM.L Sortino Ratio Rank: 84
ATYM.L Omega Ratio Rank: 84
ATYM.L Calmar Ratio Rank: 79
ATYM.L Martin Ratio Rank: 81

MNS.TO

MNS.TO Risk / Return Rank: 48
MNS.TO Sharpe Ratio Rank: 55
MNS.TO Sortino Ratio Rank: 39
MNS.TO Omega Ratio Rank: 56
MNS.TO Calmar Ratio Rank: 53
MNS.TO Martin Ratio Rank: 37

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.

ATYM.L vs. MNS.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Atalaya Mining Ltd (ATYM.L) and Royal Canadian Mint - Canadian Silver Reserves (MNS.TO). 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.

	ATYM.L	MNS.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.20	1.88	+0.32
Sortino ratio: Return per unit of downside risk	2.67	2.05	+0.62
Omega ratio: Gain probability vs. loss probability	1.35	1.34	+0.01
Calmar ratio: Return relative to maximum drawdown	2.62	2.70	-0.07
Martin ratio: Return relative to average drawdown	7.10	6.02	+1.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ATYM.L vs. MNS.TO - Sharpe Ratio Comparison

The current ATYM.L Sharpe Ratio is 2.20, which is comparable to the MNS.TO Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of ATYM.L and MNS.TO, 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

	ATYM.L	MNS.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.20	1.88	+0.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	0.65	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	0.55	+0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.24	-0.11

Drawdowns

ATYM.L vs. MNS.TO - Drawdown Comparison

The maximum ATYM.L drawdown since its inception was -93.04%, which is greater than MNS.TO's maximum drawdown of -58.72%. Use the drawdown chart below to compare losses from any high point for ATYM.L and MNS.TO.

Drawdown Indicators

	ATYM.L	MNS.TO	Difference
Max Drawdown Largest peak-to-trough decline	-93.04%	-58.72%	-34.32%
Max Drawdown (1Y) Largest decline over 1 year	-36.50%	-37.50%	+1.00%
Max Drawdown (3Y) Largest decline over 3 years	-36.87%	-37.50%	+0.63%
Max Drawdown (5Y) Largest decline over 5 years	-57.48%	-37.50%	-19.98%
Max Drawdown (10Y) Largest decline over 10 years	-68.65%	-37.50%	-31.15%
Current Drawdown Current decline from peak	-20.11%	-32.07%	+11.96%
Average Drawdown Average peak-to-trough decline	-61.85%	-30.21%	-31.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.50%	16.75%	-3.25%

Volatility

ATYM.L vs. MNS.TO - Volatility Comparison

Atalaya Mining Ltd (ATYM.L) and Royal Canadian Mint - Canadian Silver Reserves (MNS.TO) have volatilities of 15.11% and 14.97%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ATYM.L	MNS.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.11%	14.97%	+0.14%
Volatility (6M) Calculated over the trailing 6-month period	36.24%	51.80%	-15.56%
Volatility (1Y) Calculated over the trailing 1-year period	43.49%	53.85%	-10.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.78%	34.52%	+5.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.30%	32.59%	+6.71%

Dividends

ATYM.L vs. MNS.TO - Dividend Comparison

ATYM.L's dividend yield for the trailing twelve months is around 0.71%, while MNS.TO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
ATYM.L Atalaya Mining Ltd	0.71%	0.71%	1.72%	1.91%	2.12%	7.14%
MNS.TO Royal Canadian Mint - Canadian Silver Reserves	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ATYM.L and MNS.TO in my portfolio?

ATYM.L and MNS.TO have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.