FNV vs. PPTA
FNV (Franco-Nevada Corporation) and PPTA (Perpetua Resources Corp) are both stocks. Both are in the Basic Materials sector — FNV in Gold, PPTA in Other Precious Metals & Mining. Over the past 5 years, FNV returned 7.95%/yr vs 22.69%/yr for PPTA. At a 0.43 correlation, their price movements are largely independent.
Performance
FNV vs. PPTA - Performance Comparison
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Returns By Period
In the year-to-date period, FNV achieves a 3.78% return, which is significantly higher than PPTA's -5.37% return.
FNV
- 1D
- -1.82%
- 1M
- -7.48%
- YTD
- 3.78%
- 6M
- 7.92%
- 1Y
- 29.43%
- 3Y*
- 14.93%
- 5Y*
- 7.95%
- 10Y*
- 12.94%
PPTA
- 1D
- 1.15%
- 1M
- -23.51%
- YTD
- -5.37%
- 6M
- -9.30%
- 1Y
- 31.89%
- 3Y*
- 71.90%
- 5Y*
- 22.69%
- 10Y*
- —
FNV vs. PPTA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FNV Franco-Nevada Corporation | 3.78% | 77.81% | 7.41% | -17.96% | -0.39% | 23.34% |
PPTA Perpetua Resources Corp | -5.37% | 126.90% | 236.59% | 8.56% | -38.53% | -41.36% |
Correlation
The correlation between FNV and PPTA is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Feb 19, 2021 | 0.43 |
The correlation between FNV and PPTA shifts across timeframes, from 0.43 (all time) to 0.57 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
FNV:
$41.49B
PPTA:
$2.14B
FNV:
$7.10
PPTA:
$1.22
FNV:
30.25
PPTA:
18.73
FNV:
0.63
PPTA:
0.05
FNV:
5.10
PPTA:
2.48
FNV:
$2.10B
PPTA:
$0.00
FNV:
$1.61B
PPTA:
$0.00
FNV:
$1.96B
PPTA:
$0.00
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Return for Risk
FNV vs. PPTA — Risk / Return Rank
FNV
PPTA
FNV vs. PPTA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franco-Nevada Corporation (FNV) and Perpetua Resources Corp (PPTA). 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.
| FNV | PPTA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.40 | ||
| Sortino ratioReturn per unit of downside risk | +0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.14 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.26 | 0.82 | +0.44 |
| Martin ratioReturn relative to average drawdown | 3.00 | 1.90 | +1.10 |
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
| FNV | PPTA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.82 | 0.43 | +0.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 0.32 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.30 | +0.15 |
Drawdowns
FNV vs. PPTA - Drawdown Comparison
The maximum FNV drawdown since its inception was -58.76%, smaller than the maximum PPTA drawdown of -81.78%. Use the drawdown chart below to compare losses from any high point for FNV and PPTA.
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Drawdown Indicators
| FNV | PPTA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.76% | -81.78% | +23.02% |
Max Drawdown (1Y)Largest decline over 1 year | -23.40% | -39.15% | +15.75% |
Max Drawdown (3Y)Largest decline over 3 years | -29.64% | -39.62% | +9.98% |
Max Drawdown (5Y)Largest decline over 5 years | -37.12% | -81.78% | +44.66% |
Max Drawdown (10Y)Largest decline over 10 years | -37.12% | — | — |
Current DrawdownCurrent decline from peak | -23.40% | -38.45% | +15.05% |
Average DrawdownAverage peak-to-trough decline | -13.96% | -38.73% | +24.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.83% | 16.92% | -7.09% |
Volatility
FNV vs. PPTA - Volatility Comparison
The current volatility for Franco-Nevada Corporation (FNV) is 12.49%, while Perpetua Resources Corp (PPTA) has a volatility of 24.72%. This indicates that FNV experiences smaller price fluctuations and is considered to be less risky than PPTA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FNV | PPTA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.49% | 24.72% | -12.23% |
Volatility (6M)Calculated over the trailing 6-month period | 30.10% | 55.73% | -25.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.00% | 75.03% | -39.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.35% | 71.85% | -41.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.18% | 72.00% | -41.82% |
Dividends
FNV vs. PPTA - Dividend Comparison
FNV's dividend yield for the trailing twelve months is around 0.74%, while PPTA has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNV Franco-Nevada Corporation | 0.74% | 0.73% | 1.22% | 1.23% | 0.94% | 1.10% | 0.82% | 0.96% | 1.35% | 1.14% | 1.46% | 1.81% |
PPTA Perpetua Resources 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
FNV vs. PPTA - Financials Comparison
This section allows you to compare key financial metrics between Franco-Nevada Corporation and Perpetua Resources Corp. 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
FNV and PPTA have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PPTA has higher volatility (24.72%) compared to FNV (12.49%). In terms of maximum drawdown, FNV dropped -58.76% vs PPTA's -81.78%.
FNV currently has the higher Sharpe Ratio (0.82 vs 0.43), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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