EV1.AX vs. EDV.L

Last updated Jun 5, 2026

EV1.AX (Evolution Energy Minerals Limited) and EDV.L (Endeavour Mining Corp) are both stocks. Both are in the Basic Materials sector — EV1.AX in Other Industrial Metals & Mining, EDV.L in Gold. Over the past 3 years, EV1.AX returned -65.00%/yr vs 29.44%/yr for EDV.L. At a correlation of -0.00, they often move in opposite directions.

Performance

EV1.AX vs. EDV.L - Performance Comparison

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

Different Trading Currencies

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

Returns By Period

In the year-to-date period, EV1.AX achieves a -25.00% return, which is significantly lower than EDV.L's -2.39% return.

EV1.AX

• 1D: 0.00%
• 1M: -18.18%
• YTD: -25.00%
• 6M: -18.18%
• 1Y: -40.00%
• 3Y*: -65.00%
• 5Y*: —
• 10Y*: —

EDV.L

• 1D: -5.40%
• 1M: -14.40%
• YTD: -2.39%
• 6M: 9.33%
• 1Y: 55.42%
• 3Y*: 29.44%
• 5Y*: —
• 10Y*: —

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

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

	2026 (YTD)	2025	2024	2023	2022	2021
EV1.AX Evolution Energy Minerals Limited	-25.00%	-45.45%	-84.29%	-37.78%	-48.86%	-29.03%
EDV.L Endeavour Mining Corp	-2.39%	182.64%	-8.27%	9.86%	3.18%	-15.21%

Correlation

The correlation between EV1.AX and EDV.L is 0.09, 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	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.01
Correlation (All Time) Calculated using the full available price history since Nov 17, 2021	-0.00

Return for Risk

EV1.AX vs. EDV.L — Risk / Return Rank

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

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

EDV.L

EDV.L Risk / Return Rank: 80
EDV.L Sharpe Ratio Rank: 83
EDV.L Sortino Ratio Rank: 77
EDV.L Omega Ratio Rank: 74
EDV.L Calmar Ratio Rank: 83
EDV.L Martin Ratio Rank: 85

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.

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

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

	EV1.AX	EDV.L	Difference
Sharpe ratio: Return per unit of total volatility	0.08	1.19	-1.11
Sortino ratio: Return per unit of downside risk	1.40	1.76	-0.36
Omega ratio: Gain probability vs. loss probability	1.17	1.21	-0.04
Calmar ratio: Return relative to maximum drawdown	0.19	2.30	-2.11
Martin ratio: Return relative to average drawdown	0.35	6.00	-5.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current EV1.AX Sharpe Ratio is 0.08, which is lower than the EDV.L Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of EV1.AX and EDV.L, 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

	EV1.AX	EDV.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.08	1.19	-1.11
Sharpe Ratio (All Time) Calculated using the full available price history	-0.57	0.63	-1.20

Drawdowns

EV1.AX vs. EDV.L - Drawdown Comparison

The maximum EV1.AX drawdown since its inception was -98.71%, which is greater than EDV.L's maximum drawdown of -39.70%. Use the drawdown chart below to compare losses from any high point for EV1.AX and EDV.L.

Drawdown Indicators

	EV1.AX	EDV.L	Difference
Max Drawdown Largest peak-to-trough decline	-98.71%	-39.70%	-59.01%
Max Drawdown (1Y) Largest decline over 1 year	-64.00%	-23.95%	-40.05%
Max Drawdown (3Y) Largest decline over 3 years	-96.67%	-35.63%	-61.04%
Current Drawdown Current decline from peak	-98.55%	-23.95%	-74.60%
Average Drawdown Average peak-to-trough decline	-75.27%	-13.87%	-61.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	35.91%	9.20%	+26.71%

Volatility

EV1.AX vs. EDV.L - Volatility Comparison

Evolution Energy Minerals Limited (EV1.AX) has a higher volatility of 34.62% compared to Endeavour Mining Corp (EDV.L) at 14.03%. This indicates that EV1.AX's price experiences larger fluctuations and is considered to be riskier than EDV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EV1.AX	EDV.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	34.62%	14.03%	+20.59%
Volatility (6M) Calculated over the trailing 6-month period	84.83%	35.23%	+49.60%
Volatility (1Y) Calculated over the trailing 1-year period	151.07%	46.30%	+104.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	106.57%	37.52%	+69.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	106.57%	37.52%	+69.05%

Dividends

EV1.AX vs. EDV.L - Dividend Comparison

EV1.AX has not paid dividends to shareholders, while EDV.L's dividend yield for the trailing twelve months is around 2.71%.

Position	TTM	2025	2024	2023	2022	2021
EDV.L Endeavour Mining Corp	2.71%	2.33%	4.47%	3.74%	3.16%	1.21%
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 EV1.AX and EDV.L in my portfolio?

EV1.AX and EDV.L have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.