DVP.AX vs. AII.TO
DVP.AX (Develop Global Limited) and AII.TO (Almonty Industries Inc.) are both stocks. Both operate in the Other Industrial Metals & Mining industry within the Basic Materials sector. Over the past 10 years, DVP.AX returned 31.60%/yr vs 45.00%/yr for AII.TO. At a 0.03 correlation, their price movements are largely independent.
Performance
DVP.AX vs. AII.TO - Performance Comparison
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Different Trading Currencies
DVP.AX is traded in AUD, while AII.TO is traded in CAD. To make them comparable, the AII.TO values have been converted to AUD using the latest available exchange rates.
Returns By Period
In the year-to-date period, DVP.AX achieves a 19.96% return, which is significantly lower than AII.TO's 62.36% return. Over the past 10 years, DVP.AX has underperformed AII.TO with an annualized return of 31.60%, while AII.TO has yielded a comparatively higher 45.00% annualized return.
DVP.AX
- 1D
- 1.08%
- 1M
- -18.63%
- 6M
- 6.68%
- YTD
- 19.96%
- 1Y
- 26.47%
- 3Y*
- 19.21%
- 5Y*
- 9.57%
- 10Y*
- 31.60%
- ALL TIME*
- 0.64%
AII.TO
- 1D
- 7.67%
- 1M
- -20.27%
- 6M
- 53.59%
- YTD
- 62.36%
- 1Y
- 210.64%
- 3Y*
- 179.59%
- 5Y*
- 66.74%
- 10Y*
- 45.00%
- ALL TIME*
- 21.17%
DVP.AX vs. AII.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DVP.AX Develop Global Limited | 19.96% | 99.15% | -17.31% | -11.01% | -17.19% | 649.65% | 13.05% | -34.29% | -31.35% | 129.08% |
AII.TO Almonty Industries Inc. | 62.36% | 759.27% | 71.00% | -18.59% | -23.40% | 47.29% | 42.38% | -32.29% | 20.70% | 101.85% |
Correlation
The correlation between DVP.AX and AII.TO is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Aug 17, 2010 | 0.03 |
The correlation between DVP.AX and AII.TO shifts across timeframes, from 0.03 (all time) to 0.19 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
DVP.AX vs. AII.TO — Risk / Return Rank
DVP.AX
AII.TO
DVP.AX vs. AII.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Develop Global Limited (DVP.AX) and Almonty Industries Inc. (AII.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.
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.
| DVP.AX | AII.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.87 | ||
| Sortino ratioReturn per unit of downside risk | -1.72 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.32 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.73 | 4.88 | -4.14 |
| Martin ratioReturn relative to average drawdown | 1.57 | 10.57 | -8.99 |
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Drawdowns
DVP.AX vs. AII.TO - Drawdown Comparison
The maximum DVP.AX drawdown since its inception was -98.04%, which is greater than AII.TO's maximum drawdown of -81.86%. Use the drawdown chart below to compare losses from any high point for DVP.AX and AII.TO.
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Drawdown Indicators
| DVP.AX | AII.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.04% | -81.86% | -16.18% |
Max Drawdown (1Y)Largest decline over 1 year | -32.19% | -43.47% | +11.28% |
Max Drawdown (3Y)Largest decline over 3 years | -45.51% | -55.04% | +9.53% |
Max Drawdown (5Y)Largest decline over 5 years | -58.88% | -57.84% | -1.04% |
Max Drawdown (10Y)Largest decline over 10 years | -87.44% | -65.58% | -21.86% |
Current DrawdownCurrent decline from peak | -25.57% | -34.36% | +8.79% |
Average DrawdownAverage peak-to-trough decline | -68.07% | -34.56% | -33.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.22% | 20.05% | -5.83% |
Volatility
DVP.AX vs. AII.TO - Volatility Comparison
The current volatility for Develop Global Limited (DVP.AX) is 14.37%, while Almonty Industries Inc. (AII.TO) has a volatility of 26.00%. This indicates that DVP.AX experiences smaller price fluctuations and is considered to be less risky than AII.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DVP.AX | AII.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.37% | 26.00% | -11.63% |
Volatility (6M)Calculated over the trailing 6-month period | 43.72% | 67.18% | -23.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.52% | 92.59% | -36.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.47% | 75.47% | -19.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 113.10% | 75.39% | +37.71% |
Dividends
DVP.AX vs. AII.TO - Dividend Comparison
Neither DVP.AX nor AII.TO has paid dividends to shareholders.
Financials
DVP.AX vs. AII.TO - Financials Comparison
This section allows you to compare key financial metrics between Develop Global Limited and Almonty Industries Inc.. 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
Frequently Asked Questions
DVP.AX and AII.TO have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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