CMCL.L vs. YALL

Last updated Jun 5, 2026

CMCL.L (Caledonia Mining Corporation plc) is a stock, while YALL (God Bless America ETF) is Large Cap Blend Equities fund actively managed by Tidal ETFs. Over the past 3 years, CMCL.L returned 19.18%/yr vs 18.33%/yr for YALL. At a 0.06 correlation, their price movements are largely independent.

Performance

CMCL.L vs. YALL - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Caledonia Mining Corporation plc (CMCL.L) and God Bless America ETF (YALL). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CMCL.L is traded in GBp, while YALL is traded in USD. To make them comparable, the YALL values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, CMCL.L achieves a -18.57% return, which is significantly lower than YALL's 0.08% return.

CMCL.L

• 1D: -1.55%
• 1M: -2.77%
• YTD: -18.57%
• 6M: -12.34%
• 1Y: 24.73%
• 3Y*: 19.18%
• 5Y*: 11.77%
• 10Y*: 21.07%

YALL

• 1D: -0.33%
• 1M: -0.28%
• YTD: 0.08%
• 6M: -2.40%
• 1Y: 7.05%
• 3Y*: 18.33%
• 5Y*: —
• 10Y*: —

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

CMCL.L vs. YALL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CMCL.L Caledonia Mining Corporation plc	-18.57%	165.67%	-18.06%	-2.41%	16.79%
YALL God Bless America ETF	0.08%	6.21%	32.27%	33.71%	-1.43%

Correlation

The correlation between CMCL.L and YALL is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022	0.06

The correlation between CMCL.L and YALL shifts across timeframes, from 0.06 (all time) to 0.17 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

CMCL.L vs. YALL — Risk / Return Rank

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

CMCL.L

CMCL.L Risk / Return Rank: 54
CMCL.L Sharpe Ratio Rank: 57
CMCL.L Sortino Ratio Rank: 52
CMCL.L Omega Ratio Rank: 54
CMCL.L Calmar Ratio Rank: 55
CMCL.L Martin Ratio Rank: 52

YALL

YALL Risk / Return Rank: 17
YALL Sharpe Ratio Rank: 16
YALL Sortino Ratio Rank: 16
YALL Omega Ratio Rank: 15
YALL Calmar Ratio Rank: 17
YALL Martin Ratio Rank: 18

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.

CMCL.L vs. YALL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Caledonia Mining Corporation plc (CMCL.L) and God Bless America ETF (YALL). 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.

	CMCL.L	YALL	Difference
Sharpe ratio: Return per unit of total volatility	0.44	0.54	-0.10
Sortino ratio: Return per unit of downside risk	0.92	0.82	+0.11
Omega ratio: Gain probability vs. loss probability	1.13	1.10	+0.02
Calmar ratio: Return relative to maximum drawdown	0.55	0.76	-0.21
Martin ratio: Return relative to average drawdown	0.97	1.79	-0.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CMCL.L vs. YALL - Sharpe Ratio Comparison

The current CMCL.L Sharpe Ratio is 0.44, which is comparable to the YALL Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of CMCL.L and YALL, 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

	CMCL.L	YALL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.44	0.54	-0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	1.11	-0.91

Drawdowns

CMCL.L vs. YALL - Drawdown Comparison

The maximum CMCL.L drawdown since its inception was -78.50%, which is greater than YALL's maximum drawdown of -20.97%. Use the drawdown chart below to compare losses from any high point for CMCL.L and YALL.

Drawdown Indicators

	CMCL.L	YALL	Difference
Max Drawdown Largest peak-to-trough decline	-78.50%	-20.97%	-57.53%
Max Drawdown (1Y) Largest decline over 1 year	-44.42%	-9.26%	-35.16%
Max Drawdown (3Y) Largest decline over 3 years	-44.42%	-20.97%	-23.45%
Max Drawdown (5Y) Largest decline over 5 years	-44.81%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-56.39%	—	—
Current Drawdown Current decline from peak	-44.42%	-5.99%	-38.43%
Average Drawdown Average peak-to-trough decline	-36.13%	-3.48%	-32.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.30%	3.95%	+21.35%

Volatility

CMCL.L vs. YALL - Volatility Comparison

Caledonia Mining Corporation plc (CMCL.L) has a higher volatility of 9.87% compared to God Bless America ETF (YALL) at 3.15%. This indicates that CMCL.L's price experiences larger fluctuations and is considered to be riskier than YALL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CMCL.L	YALL	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.87%	3.15%	+6.72%
Volatility (6M) Calculated over the trailing 6-month period	42.10%	8.90%	+33.20%
Volatility (1Y) Calculated over the trailing 1-year period	55.58%	13.13%	+42.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.07%	16.66%	+22.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.64%	16.66%	+22.98%

Dividends

CMCL.L vs. YALL - Dividend Comparison

CMCL.L's dividend yield for the trailing twelve months is around 2.63%, more than YALL's 0.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CMCL.L Caledonia Mining Corporation plc	2.63%	2.12%	5.45%	4.26%	3.99%	4.18%	2.07%	3.37%	4.67%	4.02%	4.49%	8.45%
YALL God Bless America ETF	0.50%	0.49%	0.50%	3.51%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CMCL.L and YALL in my portfolio?

CMCL.L and YALL have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.