DRX.L vs. LMP.L
DRX.L (Drax Group) and LMP.L (LondonMetric Property plc) are both stocks. DRX.L operates in Utilities - Renewable (Utilities), while LMP.L operates in REIT - Diversified (Real Estate). Over the past 10 years, DRX.L returned 14.09%/yr vs 7.33%/yr for LMP.L. At a 0.26 correlation, their price movements are largely independent.
Performance
DRX.L vs. LMP.L - Performance Comparison
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Returns By Period
In the year-to-date period, DRX.L achieves a -4.14% return, which is significantly lower than LMP.L's 5.10% return. Over the past 10 years, DRX.L has outperformed LMP.L with an annualized return of 14.09%, while LMP.L has yielded a comparatively lower 7.33% annualized return.
DRX.L
- 1D
- -0.19%
- 1M
- 4.33%
- 6M
- -10.51%
- YTD
- -4.14%
- 1Y
- 18.87%
- 3Y*
- 13.34%
- 5Y*
- 18.08%
- 10Y*
- 14.09%
- ALL TIME*
- 5.55%
LMP.L
- 1D
- -0.16%
- 1M
- 5.41%
- 6M
- -1.59%
- YTD
- 5.10%
- 1Y
- 7.09%
- 3Y*
- 8.02%
- 5Y*
- 0.53%
- 10Y*
- 7.33%
- ALL TIME*
- 9.10%
DRX.L vs. LMP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DRX.L Drax Group | -4.14% | 34.05% | 38.47% | -27.78% | 19.16% | 68.40% | 27.66% | -8.39% | 37.95% | -16.41% |
LMP.L LondonMetric Property plc | 5.10% | 12.48% | -0.43% | 17.21% | -36.54% | 28.33% | 0.54% | 41.57% | -2.30% | 25.29% |
Correlation
The correlation between DRX.L and LMP.L is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jan 28, 2013 | 0.26 |
The correlation between DRX.L and LMP.L shifts across timeframes, from 0.22 (1 year) to 0.34 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
DRX.L:
£2.59B
LMP.L:
£4.51B
DRX.L:
£1.39
LMP.L:
£0.28
DRX.L:
5.55
LMP.L:
6.80
DRX.L:
0.01
LMP.L:
0.23
DRX.L:
0.29
LMP.L:
5.05
DRX.L:
1.94
LMP.L:
0.95
DRX.L:
£11.48B
LMP.L:
£867.40M
DRX.L:
£2.87B
LMP.L:
£854.10M
DRX.L:
£1.91B
LMP.L:
£828.60M
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Return for Risk
DRX.L vs. LMP.L — Risk / Return Rank
DRX.L
LMP.L
DRX.L vs. LMP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Drax Group (DRX.L) and LondonMetric Property plc (LMP.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.
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.
| DRX.L | LMP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.38 | ||
| Sortino ratioReturn per unit of downside risk | +0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.08 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.16 | 0.46 | +0.70 |
| Martin ratioReturn relative to average drawdown | 3.07 | 0.97 | +2.10 |
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Drawdowns
DRX.L vs. LMP.L - Drawdown Comparison
The maximum DRX.L drawdown since its inception was -74.08%, which is greater than LMP.L's maximum drawdown of -42.13%. Use the drawdown chart below to compare losses from any high point for DRX.L and LMP.L.
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Drawdown Indicators
| DRX.L | LMP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.08% | -42.13% | -31.95% |
Max Drawdown (1Y)Largest decline over 1 year | -16.23% | -15.39% | -0.84% |
Max Drawdown (3Y)Largest decline over 3 years | -34.15% | -16.22% | -17.93% |
Max Drawdown (5Y)Largest decline over 5 years | -48.66% | -41.56% | -7.10% |
Max Drawdown (10Y)Largest decline over 10 years | -69.03% | -42.13% | -26.90% |
Current DrawdownCurrent decline from peak | -12.60% | -13.00% | +0.40% |
Average DrawdownAverage peak-to-trough decline | -29.36% | -10.20% | -19.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.13% | 7.26% | -1.13% |
Volatility
DRX.L vs. LMP.L - Volatility Comparison
Drax Group (DRX.L) has a higher volatility of 5.60% compared to LondonMetric Property plc (LMP.L) at 4.98%. This indicates that DRX.L's price experiences larger fluctuations and is considered to be riskier than LMP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DRX.L | LMP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.60% | 4.98% | +0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 16.62% | 14.22% | +2.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.49% | 18.06% | +6.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.99% | 24.56% | +8.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.35% | 23.52% | +10.83% |
Dividends
DRX.L vs. LMP.L - Dividend Comparison
DRX.L's dividend yield for the trailing twelve months is around 6.02%, less than LMP.L's 6.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DRX.L Drax Group | 6.02% | 2.77% | 3.75% | 4.45% | 2.80% | 2.94% | 4.35% | 4.75% | 3.62% | 16.59% | 16.43% | 5.03% |
LMP.L LondonMetric Property plc | 6.46% | 6.54% | 6.16% | 5.07% | 5.48% | 3.12% | 3.71% | 3.55% | 4.60% | 4.09% | 4.73% | 3.35% |
Financials
DRX.L vs. LMP.L - Financials Comparison
This section allows you to compare key financial metrics between Drax Group and LondonMetric Property 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
DRX.L vs. LMP.L - Profitability Comparison
DRX.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Drax Group reported a gross profit of 560.60M and revenue of 2.75B. Therefore, the gross margin over that period was 20.4%.
LMP.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, LondonMetric Property plc reported a gross profit of 233.80M and revenue of 238.90M. Therefore, the gross margin over that period was 97.9%.
DRX.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Drax Group reported an operating income of 257.80M and revenue of 2.75B, resulting in an operating margin of 9.4%.
LMP.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, LondonMetric Property plc reported an operating income of 217.10M and revenue of 238.90M, resulting in an operating margin of 90.9%.
DRX.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Drax Group reported a net income of -147.80M and revenue of 2.75B, resulting in a net margin of -5.4%.
LMP.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, LondonMetric Property plc reported a net income of 165.40M and revenue of 238.90M, resulting in a net margin of 69.2%.
Frequently Asked Questions
DRX.L and LMP.L have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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