FNX.L vs. ENEL.MI
FNX.L (Fonix Mobile plc) and ENEL.MI (Enel SpA) are both stocks. FNX.L operates in Software - Infrastructure (Technology), while ENEL.MI operates in Utilities - Diversified (Utilities). Over the past 5 years, FNX.L returned 4.88%/yr vs 10.42%/yr for ENEL.MI. At a 0.06 correlation, their price movements are largely independent.
Performance
FNX.L vs. ENEL.MI - Performance Comparison
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Different Trading Currencies
FNX.L is traded in GBp, while ENEL.MI is traded in EUR. To make them comparable, the ENEL.MI values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, FNX.L achieves a -7.95% return, which is significantly lower than ENEL.MI's 8.51% return.
FNX.L
- 1D
- -4.40%
- 1M
- -11.11%
- YTD
- -7.95%
- 6M
- -19.00%
- 1Y
- -28.89%
- 3Y*
- -4.60%
- 5Y*
- 4.88%
- 10Y*
- —
ENEL.MI
- 1D
- -1.00%
- 1M
- -1.94%
- YTD
- 8.51%
- 6M
- 8.70%
- 1Y
- 27.94%
- 3Y*
- 23.80%
- 5Y*
- 10.42%
- 10Y*
- 15.58%
FNX.L vs. ENEL.MI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FNX.L Fonix Mobile plc | -7.95% | -17.94% | -9.66% | 19.25% | 35.58% | 23.00% | 42.86% |
ENEL.MI Enel SpA | 8.51% | 44.47% | 4.45% | 40.37% | -19.51% | -17.39% | 10.27% |
Correlation
The correlation between FNX.L and ENEL.MI is -0.02, 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 | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 2020 | 0.06 |
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Return for Risk
FNX.L vs. ENEL.MI — Risk / Return Rank
FNX.L
ENEL.MI
FNX.L vs. ENEL.MI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fonix Mobile plc (FNX.L) and Enel SpA (ENEL.MI). 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.
| FNX.L | ENEL.MI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.24 | ||
| Sortino ratioReturn per unit of downside risk | -3.17 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.27 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | 2.28 | -3.12 |
| Martin ratioReturn relative to average drawdown | -1.50 | 6.93 | -8.43 |
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
| FNX.L | ENEL.MI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.81 | 1.43 | -2.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.13 | 0.49 | -0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.67 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.32 | +0.01 |
Drawdowns
FNX.L vs. ENEL.MI - Drawdown Comparison
The maximum FNX.L drawdown since its inception was -42.59%, smaller than the maximum ENEL.MI drawdown of -57.92%. Use the drawdown chart below to compare losses from any high point for FNX.L and ENEL.MI.
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Drawdown Indicators
| FNX.L | ENEL.MI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.59% | -57.92% | +15.33% |
Max Drawdown (1Y)Largest decline over 1 year | -34.15% | -12.28% | -21.87% |
Max Drawdown (3Y)Largest decline over 3 years | -42.59% | -13.95% | -28.64% |
Max Drawdown (5Y)Largest decline over 5 years | -42.59% | -45.77% | +3.18% |
Max Drawdown (10Y)Largest decline over 10 years | — | -51.69% | — |
Current DrawdownCurrent decline from peak | -39.61% | -8.27% | -31.34% |
Average DrawdownAverage peak-to-trough decline | -14.68% | -16.73% | +2.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.27% | 4.03% | +15.24% |
Volatility
FNX.L vs. ENEL.MI - Volatility Comparison
Fonix Mobile plc (FNX.L) has a higher volatility of 8.99% compared to Enel SpA (ENEL.MI) at 5.95%. This indicates that FNX.L's price experiences larger fluctuations and is considered to be riskier than ENEL.MI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FNX.L | ENEL.MI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.99% | 5.95% | +3.04% |
Volatility (6M)Calculated over the trailing 6-month period | 29.82% | 17.38% | +12.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.40% | 19.49% | +16.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.35% | 21.15% | +16.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.15% | 23.08% | +15.07% |
Dividends
FNX.L vs. ENEL.MI - Dividend Comparison
FNX.L's dividend yield for the trailing twelve months is around 5.92%, more than ENEL.MI's 5.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENEL.MI Enel SpA | 5.12% | 5.29% | 6.24% | 5.94% | 7.55% | 5.08% | 3.96% | 3.96% | 2.36% | 2.14% | 1.91% | 2.31% |
FNX.L Fonix Mobile plc | 5.92% | 7.00% | 3.81% | 2.90% | 2.99% | 3.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
FNX.L vs. ENEL.MI - Financials Comparison
This section allows you to compare key financial metrics between Fonix Mobile plc and Enel SpA. 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
FNX.L and ENEL.MI have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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