FRES.L vs. 0981.HK
FRES.L (Fresnillo plc) and 0981.HK (Semiconductor Manufacturing International Corp) are both stocks. FRES.L operates in Other Precious Metals & Mining (Basic Materials), while 0981.HK operates in Semiconductors (Technology). Over the past 10 years, FRES.L returned 11.66%/yr vs 28.21%/yr for 0981.HK. At a 0.07 correlation, their price movements are largely independent.
Performance
FRES.L vs. 0981.HK - Performance Comparison
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Different Trading Currencies
FRES.L is traded in GBp, while 0981.HK is traded in HKD. To make them comparable, the 0981.HK values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, FRES.L achieves a -12.06% return, which is significantly lower than 0981.HK's 1.85% return. Over the past 10 years, FRES.L has underperformed 0981.HK with an annualized return of 11.66%, while 0981.HK has yielded a comparatively higher 28.21% annualized return.
FRES.L
- 1D
- -5.10%
- 1M
- -19.71%
- YTD
- -12.06%
- 6M
- 6.15%
- 1Y
- 115.33%
- 3Y*
- 67.08%
- 5Y*
- 31.38%
- 10Y*
- 11.66%
0981.HK
- 1D
- 0.00%
- 1M
- 0.99%
- YTD
- 1.85%
- 6M
- 0.19%
- 1Y
- 83.25%
- 3Y*
- 47.89%
- 5Y*
- 26.04%
- 10Y*
- 28.21%
FRES.L vs. 0981.HK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRES.L Fresnillo plc | -12.06% | 468.21% | 6.13% | -32.98% | 3.90% | -18.79% | 78.92% | -24.01% | -38.26% | 18.98% |
0981.HK Semiconductor Manufacturing International Corp | 1.85% | 108.32% | 63.75% | 12.86% | 0.09% | -16.00% | 82.17% | 68.56% | -46.46% | 0.66% |
Correlation
The correlation between FRES.L and 0981.HK is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since May 9, 2008 | 0.07 |
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Return for Risk
FRES.L vs. 0981.HK — Risk / Return Rank
FRES.L
0981.HK
FRES.L vs. 0981.HK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fresnillo plc (FRES.L) and Semiconductor Manufacturing International Corp (0981.HK). 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.
| FRES.L | 0981.HK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.66 | ||
| Sortino ratioReturn per unit of downside risk | +0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.25 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.36 | 1.76 | +1.61 |
| Martin ratioReturn relative to average drawdown | 8.39 | 3.83 | +4.56 |
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
| FRES.L | 0981.HK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.08 | 1.42 | +0.66 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.52 | +0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.27 | 0.54 | -0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.23 | +0.01 |
Drawdowns
FRES.L vs. 0981.HK - Drawdown Comparison
The maximum FRES.L drawdown since its inception was -82.49%, smaller than the maximum 0981.HK drawdown of -86.85%. Use the drawdown chart below to compare losses from any high point for FRES.L and 0981.HK.
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Drawdown Indicators
| FRES.L | 0981.HK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.49% | -86.85% | +4.36% |
Max Drawdown (1Y)Largest decline over 1 year | -34.09% | -43.65% | +9.56% |
Max Drawdown (3Y)Largest decline over 3 years | -34.85% | -44.07% | +9.22% |
Max Drawdown (5Y)Largest decline over 5 years | -53.75% | -45.87% | -7.88% |
Max Drawdown (10Y)Largest decline over 10 years | -74.56% | -67.06% | -7.50% |
Current DrawdownCurrent decline from peak | -34.09% | -20.03% | -14.06% |
Average DrawdownAverage peak-to-trough decline | -42.89% | -42.03% | -0.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.70% | 19.83% | -6.13% |
Volatility
FRES.L vs. 0981.HK - Volatility Comparison
The current volatility for Fresnillo plc (FRES.L) is 16.36%, while Semiconductor Manufacturing International Corp (0981.HK) has a volatility of 20.08%. This indicates that FRES.L experiences smaller price fluctuations and is considered to be less risky than 0981.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRES.L | 0981.HK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.36% | 20.08% | -3.72% |
Volatility (6M)Calculated over the trailing 6-month period | 42.34% | 36.33% | +6.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.15% | 54.17% | +0.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.46% | 52.03% | -9.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.43% | 53.23% | -9.80% |
Dividends
FRES.L vs. 0981.HK - Dividend Comparison
FRES.L's dividend yield for the trailing twelve months is around 3.32%, while 0981.HK has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
0981.HK Semiconductor Manufacturing International Corp | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FRES.L Fresnillo plc | 3.32% | 2.00% | 1.36% | 1.98% | 2.44% | 2.66% | 1.00% | 2.35% | 3.49% | 1.73% |
Financials
FRES.L vs. 0981.HK - Financials Comparison
This section allows you to compare key financial metrics between Fresnillo plc and Semiconductor Manufacturing International 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
FRES.L and 0981.HK have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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