CHG.L vs. SMIN.L
CHG.L (Chemring Group plc) and SMIN.L (Smiths Group PLC) are both stocks. Both are in the Industrials sector — CHG.L in Aerospace & Defense, SMIN.L in Specialty Industrial Machinery. Over the past 10 years, CHG.L returned 15.92%/yr vs 11.29%/yr for SMIN.L. At a 0.22 correlation, their price movements are largely independent.
Performance
CHG.L vs. SMIN.L - Performance Comparison
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Returns By Period
In the year-to-date period, CHG.L achieves a 6.86% return, which is significantly lower than SMIN.L's 7.61% return. Over the past 10 years, CHG.L has outperformed SMIN.L with an annualized return of 15.92%, while SMIN.L has yielded a comparatively lower 11.29% annualized return.
CHG.L
- 1D
- 0.12%
- 1M
- -2.91%
- YTD
- 6.86%
- 6M
- 4.64%
- 1Y
- -8.40%
- 3Y*
- 25.32%
- 5Y*
- 11.18%
- 10Y*
- 15.92%
SMIN.L
- 1D
- 1.78%
- 1M
- -0.32%
- YTD
- 7.61%
- 6M
- 2.97%
- 1Y
- 15.25%
- 3Y*
- 18.47%
- 5Y*
- 12.90%
- 10Y*
- 11.29%
CHG.L vs. SMIN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CHG.L Chemring Group plc | 6.86% | 46.54% | -4.46% | 20.37% | 2.15% | 5.20% | 20.90% | 52.51% | -10.88% | 9.42% |
SMIN.L Smiths Group PLC | 7.61% | 39.71% | 0.12% | 13.23% | 3.97% | 7.69% | -8.47% | 27.37% | -5.41% | 8.15% |
Correlation
The correlation between CHG.L and SMIN.L is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Jul 8, 1993 | 0.22 |
The correlation between CHG.L and SMIN.L shifts across timeframes, from 0.22 (all time) to 0.33 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
CHG.L:
£1.39B
SMIN.L:
£8.13B
CHG.L:
£0.28
SMIN.L:
£1.70
CHG.L:
17.88
SMIN.L:
14.84
CHG.L:
0.12
SMIN.L:
0.04
CHG.L:
1.35
SMIN.L:
1.52
CHG.L:
3.77
SMIN.L:
4.91
CHG.L:
£1.02B
SMIN.L:
£5.46B
CHG.L:
£1.01B
SMIN.L:
£1.39B
CHG.L:
£193.20M
SMIN.L:
£965.00M
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Return for Risk
CHG.L vs. SMIN.L — Risk / Return Rank
CHG.L
SMIN.L
CHG.L vs. SMIN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Chemring Group plc (CHG.L) and Smiths Group PLC (SMIN.L). 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.
| CHG.L | SMIN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.95 | ||
| Sortino ratioReturn per unit of downside risk | -1.18 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.15 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.36 | 0.66 | -1.03 |
| Martin ratioReturn relative to average drawdown | -0.70 | 2.58 | -3.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CHG.L | SMIN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.27 | 0.69 | -0.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 0.58 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.44 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.28 | +0.03 |
Drawdowns
CHG.L vs. SMIN.L - Drawdown Comparison
The maximum CHG.L drawdown since its inception was -79.82%, which is greater than SMIN.L's maximum drawdown of -60.05%. Use the drawdown chart below to compare losses from any high point for CHG.L and SMIN.L.
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Drawdown Indicators
| CHG.L | SMIN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.82% | -60.05% | -19.77% |
Max Drawdown (1Y)Largest decline over 1 year | -23.04% | -22.87% | -0.17% |
Max Drawdown (3Y)Largest decline over 3 years | -27.69% | -22.87% | -4.82% |
Max Drawdown (5Y)Largest decline over 5 years | -29.12% | -22.87% | -6.25% |
Max Drawdown (10Y)Largest decline over 10 years | -41.54% | -53.96% | +12.42% |
Current DrawdownCurrent decline from peak | -15.71% | -7.83% | -7.88% |
Average DrawdownAverage peak-to-trough decline | -34.36% | -16.36% | -18.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.02% | 5.89% | +6.13% |
Volatility
CHG.L vs. SMIN.L - Volatility Comparison
Chemring Group plc (CHG.L) has a higher volatility of 13.43% compared to Smiths Group PLC (SMIN.L) at 6.88%. This indicates that CHG.L's price experiences larger fluctuations and is considered to be riskier than SMIN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CHG.L | SMIN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.43% | 6.88% | +6.55% |
Volatility (6M)Calculated over the trailing 6-month period | 24.12% | 20.37% | +3.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.96% | 22.20% | +9.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.38% | 22.38% | +7.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.46% | 25.88% | +6.58% |
Dividends
CHG.L vs. SMIN.L - Dividend Comparison
CHG.L's dividend yield for the trailing twelve months is around 1.60%, less than SMIN.L's 1.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHG.L Chemring Group plc | 1.60% | 1.67% | 2.19% | 1.74% | 1.71% | 1.42% | 1.30% | 1.41% | 1.92% | 1.25% | 0.00% | 2.16% |
SMIN.L Smiths Group PLC | 1.86% | 1.96% | 2.55% | 2.36% | 2.48% | 2.39% | 2.33% | 2.72% | 3.27% | 2.90% | 2.97% | 4.36% |
Financials
CHG.L vs. SMIN.L - Financials Comparison
This section allows you to compare key financial metrics between Chemring Group plc and Smiths Group PLC. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CHG.L vs. SMIN.L - Profitability Comparison
CHG.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Chemring Group plc reported a gross profit of 222.10M and revenue of 237.30M. Therefore, the gross margin over that period was 93.6%.
SMIN.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Smiths Group PLC reported a gross profit of 371.00M and revenue of 915.00M. Therefore, the gross margin over that period was 40.6%.
CHG.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Chemring Group plc reported an operating income of 21.70M and revenue of 237.30M, resulting in an operating margin of 9.1%.
SMIN.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Smiths Group PLC reported an operating income of 164.00M and revenue of 915.00M, resulting in an operating margin of 17.9%.
CHG.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Chemring Group plc reported a net income of 6.10M and revenue of 237.30M, resulting in a net margin of 2.6%.
SMIN.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Smiths Group PLC reported a net income of 130.00M and revenue of 915.00M, resulting in a net margin of 14.2%.
Frequently Asked Questions
CHG.L and SMIN.L have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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