ELM.L vs. ODV

Last updated Jun 4, 2026

ELM.L (Elementis plc) and ODV (Osisko Development Corp.) are both stocks. Both are in the Basic Materials sector — ELM.L in Specialty Chemicals, ODV in Gold. Over the past 3 years, ELM.L returned 13.70%/yr vs -19.45%/yr for ODV. At a 0.12 correlation, their price movements are largely independent.

Performance

ELM.L vs. ODV - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Elementis plc (ELM.L) and Osisko Development Corp. (ODV). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, ELM.L achieves a -6.55% return, which is significantly higher than ODV's -24.65% return.

ELM.L

• 1D: -2.18%
• 1M: 3.66%
• YTD: -6.55%
• 6M: -3.89%
• 1Y: 5.99%
• 3Y*: 13.70%
• 5Y*: 0.21%
• 10Y*: -1.40%

ODV

• 1D: -4.47%
• 1M: -10.16%
• YTD: -24.65%
• 6M: -26.17%
• 1Y: 31.92%
• 3Y*: -19.45%
• 5Y*: —
• 10Y*: —

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

ELM.L vs. ODV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ELM.L Elementis plc	-6.55%	17.12%	15.77%	5.98%	-0.91%
ODV Osisko Development Corp.	-24.65%	98.86%	-43.01%	-35.71%	-37.20%

Correlation

The correlation between ELM.L and ODV 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	0.10
Correlation (All Time) Calculated using the full available price history since May 30, 2022	0.12

Fundamentals

Market Cap ELM.L : £870.22M ODV : $814.96M
EPS ELM.L : -£0.16 ODV : -$0.34
PS Ratio ELM.L : 0.67 ODV : 14.59
PB Ratio ELM.L : 1.35 ODV : 0.83
Total Revenue (TTM) ELM.L : £1.34B ODV : $37.70M
Gross Profit (TTM) ELM.L : £617.85M ODV : $22.49M
EBITDA (TTM) ELM.L : £285.84M ODV : -$127.86M

Return for Risk

ELM.L vs. ODV — Risk / Return Rank

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

ELM.L

ELM.L Risk / Return Rank: 46
ELM.L Sharpe Ratio Rank: 50
ELM.L Sortino Ratio Rank: 43
ELM.L Omega Ratio Rank: 42
ELM.L Calmar Ratio Rank: 48
ELM.L Martin Ratio Rank: 49

ODV

ODV Risk / Return Rank: 57
ODV Sharpe Ratio Rank: 59
ODV Sortino Ratio Rank: 56
ODV Omega Ratio Rank: 55
ODV Calmar Ratio Rank: 57
ODV Martin Ratio Rank: 58

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.

ELM.L vs. ODV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Elementis plc (ELM.L) and Osisko Development Corp. (ODV). 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.

	ELM.L	ODV	Difference
Sharpe ratio: Return per unit of total volatility	0.24	0.52	-0.28
Sortino ratio: Return per unit of downside risk	0.54	1.12	-0.58
Omega ratio: Gain probability vs. loss probability	1.06	1.13	-0.07
Calmar ratio: Return relative to maximum drawdown	0.33	0.71	-0.38
Martin ratio: Return relative to average drawdown	0.71	1.75	-1.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ELM.L vs. ODV - Sharpe Ratio Comparison

The current ELM.L Sharpe Ratio is 0.24, which is lower than the ODV Sharpe Ratio of 0.52. The chart below compares the historical Sharpe Ratios of ELM.L and ODV, 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

	ELM.L	ODV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.24	0.52	-0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.01	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.02	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	-0.38	+0.43

Drawdowns

ELM.L vs. ODV - Drawdown Comparison

The maximum ELM.L drawdown since its inception was -93.82%, which is greater than ODV's maximum drawdown of -83.72%. Use the drawdown chart below to compare losses from any high point for ELM.L and ODV.

Drawdown Indicators

	ELM.L	ODV	Difference
Max Drawdown Largest peak-to-trough decline	-93.82%	-83.72%	-10.10%
Max Drawdown (1Y) Largest decline over 1 year	-18.22%	-45.27%	+27.05%
Max Drawdown (3Y) Largest decline over 3 years	-30.81%	-74.19%	+43.38%
Max Drawdown (5Y) Largest decline over 5 years	-45.19%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-93.82%	—	—
Current Drawdown Current decline from peak	-45.44%	-67.46%	+22.02%
Average Drawdown Average peak-to-trough decline	-43.16%	-57.25%	+14.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.44%	18.31%	-9.87%

Volatility

ELM.L vs. ODV - Volatility Comparison

The current volatility for Elementis plc (ELM.L) is 6.75%, while Osisko Development Corp. (ODV) has a volatility of 18.00%. This indicates that ELM.L experiences smaller price fluctuations and is considered to be less risky than ODV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ELM.L	ODV	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.75%	18.00%	-11.25%
Volatility (6M) Calculated over the trailing 6-month period	19.11%	44.37%	-25.26%
Volatility (1Y) Calculated over the trailing 1-year period	24.89%	61.49%	-36.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.89%	61.16%	-29.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.21%	61.16%	-3.95%

Dividends

ELM.L vs. ODV - Dividend Comparison

ELM.L's dividend yield for the trailing twelve months is around 2.09%, while ODV has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ELM.L Elementis plc	2.09%	1.96%	1.73%	0.00%	0.00%	0.00%	0.00%	3.63%	3.31%	4.23%	3.93%	3.98%
ODV Osisko Development Corp.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both ELM.L and ODV in my portfolio?

ELM.L and ODV 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.