EEE.L vs. FRES.L
EEE.L (Empire Metals Limited) and FRES.L (Fresnillo plc) are both stocks. Both operate in the Other Precious Metals & Mining industry within the Basic Materials sector. Over the past 10 years, EEE.L returned 8.23%/yr vs 13.70%/yr for FRES.L. At a 0.08 correlation, their price movements are largely independent.
Performance
EEE.L vs. FRES.L - Performance Comparison
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Returns By Period
In the year-to-date period, EEE.L achieves a -9.49% return, which is significantly lower than FRES.L's -2.86% return. Over the past 10 years, EEE.L has underperformed FRES.L with an annualized return of 8.23%, while FRES.L has yielded a comparatively higher 13.70% annualized return.
EEE.L
- 1D
- -0.56%
- 1M
- 13.50%
- YTD
- -9.49%
- 6M
- -5.87%
- 1Y
- 199.15%
- 3Y*
- 150.34%
- 5Y*
- 67.22%
- 10Y*
- 8.23%
FRES.L
- 1D
- -3.71%
- 1M
- -2.67%
- YTD
- -2.86%
- 6M
- 19.06%
- 1Y
- 164.20%
- 3Y*
- 71.49%
- 5Y*
- 33.23%
- 10Y*
- 13.70%
EEE.L vs. FRES.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EEE.L Empire Metals Limited | -9.49% | 469.34% | -26.34% | 463.64% | 43.48% | -69.74% | 130.30% | -72.95% | -66.34% | 130.16% |
FRES.L Fresnillo plc | -2.86% | 468.22% | 6.13% | -32.98% | 3.90% | -18.79% | 78.92% | -24.01% | -38.26% | 18.98% |
Correlation
The correlation between EEE.L and FRES.L is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2010 | 0.08 |
Fundamentals
EEE.L:
£246.55M
FRES.L:
£23.34B
EEE.L:
-£0.01
FRES.L:
£2.08
EEE.L:
14.41
FRES.L:
5.04
EEE.L:
£0.00
FRES.L:
£8.03B
EEE.L:
-£113.72K
FRES.L:
£3.75B
EEE.L:
-£7.61M
FRES.L:
£3.90B
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Return for Risk
EEE.L vs. FRES.L — Risk / Return Rank
EEE.L
FRES.L
EEE.L vs. FRES.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Empire Metals Limited (EEE.L) and Fresnillo plc (FRES.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.
| EEE.L | FRES.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.40 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.27 | 5.26 | -1.99 |
| Martin ratioReturn relative to average drawdown | 4.84 | 12.45 | -7.61 |
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
| EEE.L | FRES.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.90 | 2.98 | -1.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | 0.79 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.08 | 0.32 | -0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.16 | 0.28 | -0.43 |
Drawdowns
EEE.L vs. FRES.L - Drawdown Comparison
The maximum EEE.L drawdown since its inception was -99.91%, which is greater than FRES.L's maximum drawdown of -82.36%. Use the drawdown chart below to compare losses from any high point for EEE.L and FRES.L.
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Drawdown Indicators
| EEE.L | FRES.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.91% | -82.36% | -17.55% |
Max Drawdown (1Y)Largest decline over 1 year | -60.56% | -31.03% | -29.53% |
Max Drawdown (3Y)Largest decline over 3 years | -60.56% | -35.33% | -25.23% |
Max Drawdown (5Y)Largest decline over 5 years | -74.59% | -53.75% | -20.84% |
Max Drawdown (10Y)Largest decline over 10 years | -96.95% | -74.47% | -22.48% |
Current DrawdownCurrent decline from peak | -95.78% | -27.19% | -68.59% |
Average DrawdownAverage peak-to-trough decline | -94.30% | -40.32% | -53.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.96% | 13.14% | +27.82% |
Volatility
EEE.L vs. FRES.L - Volatility Comparison
The current volatility for Empire Metals Limited (EEE.L) is 17.52%, while Fresnillo plc (FRES.L) has a volatility of 19.88%. This indicates that EEE.L experiences smaller price fluctuations and is considered to be less risky than FRES.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EEE.L | FRES.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.52% | 19.88% | -2.36% |
Volatility (6M)Calculated over the trailing 6-month period | 46.15% | 42.16% | +3.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 104.39% | 54.69% | +49.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 94.37% | 42.30% | +52.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 108.99% | 43.35% | +65.64% |
Dividends
EEE.L vs. FRES.L - Dividend Comparison
EEE.L has not paid dividends to shareholders, while FRES.L's dividend yield for the trailing twelve months is around 3.00%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EEE.L Empire Metals Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FRES.L Fresnillo plc | 3.00% | 2.00% | 1.35% | 1.98% | 2.44% | 2.66% | 1.00% | 2.35% | 3.49% | 1.74% | 0.74% | 0.47% |
Financials
EEE.L vs. FRES.L - Financials Comparison
This section allows you to compare key financial metrics between Empire Metals Limited and Fresnillo 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
Frequently Asked Questions
EEE.L and FRES.L have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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