FRES.L vs. XRH0.L
FRES.L (Fresnillo plc) is a stock, while XRH0.L (Xtrackers Physical Rhodium ETC) is Metals fund tracking the Rhodium. Over the past 10 years, FRES.L returned 7.10%/yr vs 27.35%/yr for XRH0.L. At a 0.05 correlation, their price movements are largely independent.
Performance
FRES.L vs. XRH0.L - Performance Comparison
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Different Trading Currencies
FRES.L is traded in GBp, while XRH0.L is traded in USD. To make them comparable, the XRH0.L 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 -15.96% return, which is significantly higher than XRH0.L's -26.90% return. Over the past 10 years, FRES.L has underperformed XRH0.L with an annualized return of 7.10%, while XRH0.L has yielded a comparatively higher 27.35% annualized return.
FRES.L
- 1D
- -1.44%
- 1M
- -16.59%
- YTD
- -15.96%
- 6M
- -17.88%
- 1Y
- 96.36%
- 3Y*
- 70.39%
- 5Y*
- 31.92%
- 10Y*
- 7.10%
XRH0.L
- 1D
- 1.66%
- 1M
- -9.15%
- YTD
- -26.90%
- 6M
- -22.53%
- 1Y
- 45.78%
- 3Y*
- 16.41%
- 5Y*
- -14.54%
- 10Y*
- 27.35%
FRES.L vs. XRH0.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRES.L Fresnillo plc | -15.96% | 468.21% | 6.13% | -32.98% | 3.90% | -18.79% | 78.92% | -24.01% | -38.26% | 18.98% |
XRH0.L Xtrackers Physical Rhodium ETC | -26.90% | 183.48% | -13.20% | -62.77% | 6.90% | -14.71% | 174.89% | 123.98% | 55.07% | 82.70% |
Correlation
The correlation between FRES.L and XRH0.L is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
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 | 0.05 |
Correlation (All Time) Calculated using the full available price history since May 19, 2011 | 0.05 |
The correlation between FRES.L and XRH0.L shifts across timeframes, from 0.05 (all time) to 0.22 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
FRES.L vs. XRH0.L — Risk / Return Rank
FRES.L
XRH0.L
FRES.L vs. XRH0.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fresnillo plc (FRES.L) and Xtrackers Physical Rhodium ETC (XRH0.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FRES.L | XRH0.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.18 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.59 | 1.14 | +1.45 |
| Martin ratioReturn relative to average drawdown | 6.08 | 2.17 | +3.91 |
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Drawdowns
FRES.L vs. XRH0.L - Drawdown Comparison
The maximum FRES.L drawdown since its inception was -82.49%, roughly equal to the maximum XRH0.L drawdown of -84.57%. Use the drawdown chart below to compare losses from any high point for FRES.L and XRH0.L.
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Drawdown Indicators
| FRES.L | XRH0.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.49% | -84.57% | +2.08% |
Max Drawdown (1Y)Largest decline over 1 year | -37.00% | -39.95% | +2.95% |
Max Drawdown (3Y)Largest decline over 3 years | -37.00% | -46.17% | +9.17% |
Max Drawdown (5Y)Largest decline over 5 years | -53.75% | -79.64% | +25.89% |
Max Drawdown (10Y)Largest decline over 10 years | -74.56% | -84.57% | +10.01% |
Current DrawdownCurrent decline from peak | -37.00% | -65.98% | +28.98% |
Average DrawdownAverage peak-to-trough decline | -42.85% | -47.18% | +4.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.78% | 21.01% | -5.23% |
Volatility
FRES.L vs. XRH0.L - Volatility Comparison
The current volatility for Fresnillo plc (FRES.L) is 16.50%, while Xtrackers Physical Rhodium ETC (XRH0.L) has a volatility of 27.80%. This indicates that FRES.L experiences smaller price fluctuations and is considered to be less risky than XRH0.L 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 | XRH0.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.50% | 27.80% | -11.30% |
Volatility (6M)Calculated over the trailing 6-month period | 43.75% | 69.79% | -26.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.04% | 89.33% | -33.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.80% | 69.18% | -26.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.23% | 66.47% | -23.24% |
Dividends
FRES.L vs. XRH0.L - Dividend Comparison
FRES.L's dividend yield for the trailing twelve months is around 3.47%, while XRH0.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FRES.L Fresnillo plc | 3.47% | 2.00% | 1.36% | 1.98% | 2.44% | 2.66% | 1.00% | 2.35% | 3.49% | 1.73% |
XRH0.L Xtrackers Physical Rhodium ETC | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FRES.L and XRH0.L have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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