EDV.L vs. EV1.AX

Last updated Jun 5, 2026

EDV.L (Endeavour Mining Corp) and EV1.AX (Evolution Energy Minerals Limited) are both stocks. Both are in the Basic Materials sector — EDV.L in Gold, EV1.AX in Other Industrial Metals & Mining. Over the past 3 years, EDV.L returned 31.29%/yr vs -65.05%/yr for EV1.AX. At a 0.02 correlation, their price movements are largely independent.

Performance

EDV.L vs. EV1.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Endeavour Mining Corp (EDV.L) and Evolution Energy Minerals Limited (EV1.AX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

EDV.L is traded in GBp, while EV1.AX is traded in AUD. To make them comparable, the EV1.AX values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, EDV.L achieves a 10.57% return, which is significantly higher than EV1.AX's -19.70% return.

EDV.L

• 1D: -0.09%
• 1M: -9.71%
• YTD: 10.57%
• 6M: 23.31%
• 1Y: 82.16%
• 3Y*: 31.29%
• 5Y*: —
• 10Y*: —

EV1.AX

• 1D: -0.15%
• 1M: -18.19%
• YTD: -19.70%
• 6M: -12.51%
• 1Y: 24.52%
• 3Y*: -65.05%
• 5Y*: —
• 10Y*: —

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

EDV.L vs. EV1.AX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
EDV.L Endeavour Mining Corp	10.57%	183.26%	-15.36%	3.94%	8.06%	-16.29%
EV1.AX Evolution Energy Minerals Limited	-19.53%	-45.38%	-85.47%	-40.93%	-46.37%	-29.88%

Correlation

The correlation between EDV.L and EV1.AX is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (All Time) Calculated using the full available price history since Nov 17, 2021	0.02

Return for Risk

EDV.L vs. EV1.AX — Risk / Return Rank

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

EDV.L

EDV.L Risk / Return Rank: 83
EDV.L Sharpe Ratio Rank: 86
EDV.L Sortino Ratio Rank: 80
EDV.L Omega Ratio Rank: 78
EDV.L Calmar Ratio Rank: 86
EDV.L Martin Ratio Rank: 87

EV1.AX

EV1.AX Risk / Return Rank: 52
EV1.AX Sharpe Ratio Rank: 44
EV1.AX Sortino Ratio Rank: 63
EV1.AX Omega Ratio Rank: 61
EV1.AX Calmar Ratio Rank: 46
EV1.AX Martin Ratio Rank: 45

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.

EDV.L vs. EV1.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Endeavour Mining Corp (EDV.L) and Evolution Energy Minerals Limited (EV1.AX). 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.

	EDV.L	EV1.AX	Difference
Sharpe ratio: Return per unit of total volatility	1.82	0.16	+1.66
Sortino ratio: Return per unit of downside risk	2.35	1.53	+0.81
Omega ratio: Gain probability vs. loss probability	1.29	1.18	+0.10
Calmar ratio: Return relative to maximum drawdown	3.61	0.39	+3.22
Martin ratio: Return relative to average drawdown	9.86	0.70	+9.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EDV.L vs. EV1.AX - Sharpe Ratio Comparison

The current EDV.L Sharpe Ratio is 1.82, which is higher than the EV1.AX Sharpe Ratio of 0.16. The chart below compares the historical Sharpe Ratios of EDV.L and EV1.AX, 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

	EDV.L	EV1.AX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.82	0.16	+1.66
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	-0.57	+1.21

Drawdowns

EDV.L vs. EV1.AX - Drawdown Comparison

The maximum EDV.L drawdown since its inception was -40.83%, smaller than the maximum EV1.AX drawdown of -98.87%. Use the drawdown chart below to compare losses from any high point for EDV.L and EV1.AX.

Drawdown Indicators

	EDV.L	EV1.AX	Difference
Max Drawdown Largest peak-to-trough decline	-40.83%	-98.87%	+58.04%
Max Drawdown (1Y) Largest decline over 1 year	-23.47%	-62.59%	+39.12%
Max Drawdown (3Y) Largest decline over 3 years	-37.93%	-96.84%	+58.91%
Current Drawdown Current decline from peak	-19.07%	-98.58%	+79.51%
Average Drawdown Average peak-to-trough decline	-14.03%	-75.13%	+61.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.58%	35.05%	-26.47%

Volatility

EDV.L vs. EV1.AX - Volatility Comparison

The current volatility for Endeavour Mining Corp (EDV.L) is 16.47%, while Evolution Energy Minerals Limited (EV1.AX) has a volatility of 34.71%. This indicates that EDV.L experiences smaller price fluctuations and is considered to be less risky than EV1.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EDV.L	EV1.AX	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.47%	34.71%	-18.24%
Volatility (6M) Calculated over the trailing 6-month period	35.94%	85.20%	-49.26%
Volatility (1Y) Calculated over the trailing 1-year period	46.57%	151.21%	-104.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.98%	106.71%	-68.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.98%	106.71%	-68.73%

Dividends

EDV.L vs. EV1.AX - Dividend Comparison

EDV.L's dividend yield for the trailing twelve months is around 2.56%, while EV1.AX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
EDV.L Endeavour Mining Corp	2.56%	2.29%	4.29%	3.43%	2.89%	1.25%
EV1.AX Evolution Energy Minerals Limited	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both EDV.L and EV1.AX in my portfolio?

EDV.L and EV1.AX have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.