FNX.L vs. TPL
FNX.L (Fonix Mobile plc) and TPL (Texas Pacific Land Corporation) are both stocks. FNX.L operates in Software - Infrastructure (Technology), while TPL operates in Oil & Gas E&P (Energy). Over the past 5 years, FNX.L returned 4.88%/yr vs 22.55%/yr for TPL. At a correlation of -0.04, they often move in opposite directions.
Performance
FNX.L vs. TPL - Performance Comparison
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Different Trading Currencies
FNX.L is traded in GBp, while TPL is traded in USD. To make them comparable, the TPL 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 TPL's 42.52% 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*
- —
TPL
- 1D
- 9.98%
- 1M
- -5.12%
- YTD
- 42.52%
- 6M
- 33.06%
- 1Y
- 9.78%
- 3Y*
- 36.86%
- 5Y*
- 22.55%
- 10Y*
- 38.26%
FNX.L vs. TPL - 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% |
TPL Texas Pacific Land Corporation | 42.52% | -27.20% | 119.08% | -35.78% | 114.04% | 74.89% | 44.73% |
Correlation
The correlation between FNX.L and TPL is -0.03, 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 | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
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 | -0.04 |
Fundamentals
FNX.L:
£151.58M
TPL:
$28.07B
FNX.L:
£0.22
TPL:
$7.30
FNX.L:
6.81
TPL:
55.75
FNX.L:
0.41
TPL:
2.95
FNX.L:
1.00
TPL:
33.46
FNX.L:
13.95
TPL:
18.04
FNX.L:
£151.55M
TPL:
$839.03M
FNX.L:
£35.81M
TPL:
$625.27M
FNX.L:
£30.49M
TPL:
$690.06M
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Return for Risk
FNX.L vs. TPL — Risk / Return Rank
FNX.L
TPL
FNX.L vs. TPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fonix Mobile plc (FNX.L) and Texas Pacific Land Corporation (TPL). 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 | TPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.02 | ||
| Sortino ratioReturn per unit of downside risk | -1.78 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.08 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | 0.31 | -1.15 |
| Martin ratioReturn relative to average drawdown | -1.50 | 0.62 | -2.11 |
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 | TPL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.81 | 0.21 | -1.02 |
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 | — | 0.82 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.63 | -0.30 |
Drawdowns
FNX.L vs. TPL - Drawdown Comparison
The maximum FNX.L drawdown since its inception was -42.59%, smaller than the maximum TPL drawdown of -61.16%. Use the drawdown chart below to compare losses from any high point for FNX.L and TPL.
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Drawdown Indicators
| FNX.L | TPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.59% | -61.16% | +18.57% |
Max Drawdown (1Y)Largest decline over 1 year | -34.15% | -31.85% | -2.30% |
Max Drawdown (3Y)Largest decline over 3 years | -42.59% | -55.39% | +12.80% |
Max Drawdown (5Y)Largest decline over 5 years | -42.59% | -57.00% | +14.41% |
Max Drawdown (10Y)Largest decline over 10 years | — | -61.16% | — |
Current DrawdownCurrent decline from peak | -39.61% | -33.51% | -6.10% |
Average DrawdownAverage peak-to-trough decline | -14.68% | -22.20% | +7.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.27% | 16.38% | +2.89% |
Volatility
FNX.L vs. TPL - Volatility Comparison
The current volatility for Fonix Mobile plc (FNX.L) is 8.99%, while Texas Pacific Land Corporation (TPL) has a volatility of 14.72%. This indicates that FNX.L experiences smaller price fluctuations and is considered to be less risky than TPL 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 | TPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.99% | 14.72% | -5.73% |
Volatility (6M)Calculated over the trailing 6-month period | 29.82% | 38.32% | -8.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.40% | 46.78% | -10.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.35% | 45.80% | -8.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.15% | 46.89% | -8.74% |
Dividends
FNX.L vs. TPL - Dividend Comparison
FNX.L's dividend yield for the trailing twelve months is around 5.92%, more than TPL's 0.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
TPL Texas Pacific Land Corporation | 0.56% | 0.74% | 1.37% | 0.83% | 1.37% | 0.88% | 2.20% | 0.22% | 0.55% | 0.30% | 0.10% | 0.22% |
Financials
FNX.L vs. TPL - Financials Comparison
This section allows you to compare key financial metrics between Fonix Mobile plc and Texas Pacific Land Corporation. 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
FNX.L vs. TPL - Profitability Comparison
FNX.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fonix Mobile plc reported a gross profit of 9.94M and revenue of 42.33M. Therefore, the gross margin over that period was 23.5%.
TPL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Texas Pacific Land Corporation reported a gross profit of 0.00 and revenue of 236.82M. Therefore, the gross margin over that period was 0.0%.
FNX.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fonix Mobile plc reported an operating income of 7.63M and revenue of 42.33M, resulting in an operating margin of 18.0%.
TPL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Texas Pacific Land Corporation reported an operating income of 182.33M and revenue of 236.82M, resulting in an operating margin of 77.0%.
FNX.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fonix Mobile plc reported a net income of 6.11M and revenue of 42.33M, resulting in a net margin of 14.4%.
TPL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Texas Pacific Land Corporation reported a net income of 142.90M and revenue of 236.82M, resulting in a net margin of 60.3%.
Frequently Asked Questions
FNX.L and TPL have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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