FTC.L vs. FRES.L
FTC.L (Filtronic) and FRES.L (Fresnillo plc) are both stocks. FTC.L operates in Communication Equipment (Technology), while FRES.L operates in Other Precious Metals & Mining (Basic Materials). Over the past 10 years, FTC.L returned 40.18%/yr vs 13.46%/yr for FRES.L. At a 0.01 correlation, their price movements are largely independent.
Performance
FTC.L vs. FRES.L - Performance Comparison
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Returns By Period
In the year-to-date period, FTC.L achieves a 85.23% return, which is significantly higher than FRES.L's -2.37% return. Over the past 10 years, FTC.L has outperformed FRES.L with an annualized return of 40.18%, while FRES.L has yielded a comparatively lower 13.46% annualized return.
FTC.L
- 1D
- 13.59%
- 1M
- -4.12%
- YTD
- 85.23%
- 6M
- 136.23%
- 1Y
- 123.29%
- 3Y*
- 192.70%
- 5Y*
- 99.76%
- 10Y*
- 40.18%
FRES.L
- 1D
- 0.51%
- 1M
- -8.03%
- YTD
- -2.37%
- 6M
- 19.93%
- 1Y
- 147.90%
- 3Y*
- 72.68%
- 5Y*
- 33.37%
- 10Y*
- 13.46%
FTC.L vs. FRES.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FTC.L Filtronic | 85.23% | 131.58% | 256.81% | 53.51% | 20.65% | 32.95% | -3.89% | 52.54% | -39.49% | -19.59% |
FRES.L Fresnillo plc | -2.37% | 468.22% | 6.13% | -32.98% | 3.90% | -18.79% | 78.92% | -24.01% | -38.26% | 18.98% |
Correlation
The correlation between FTC.L and FRES.L is 0.09, 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 | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since May 12, 2008 | 0.01 |
Fundamentals
FTC.L:
£756.83M
FRES.L:
£23.46B
FTC.L:
£0.09
FRES.L:
£2.08
FTC.L:
37.18
FRES.L:
15.34
FTC.L:
0.05
FRES.L:
0.07
FTC.L:
7.68
FRES.L:
2.92
FTC.L:
19.60
FRES.L:
5.06
FTC.L:
£98.52M
FRES.L:
£8.03B
FTC.L:
£47.89M
FRES.L:
£3.75B
FTC.L:
£25.72M
FRES.L:
£3.90B
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Return for Risk
FTC.L vs. FRES.L — Risk / Return Rank
FTC.L
FRES.L
FTC.L vs. FRES.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Filtronic (FTC.L) and Fresnillo plc (FRES.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.
| FTC.L | FRES.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.98 | ||
| Sortino ratioReturn per unit of downside risk | -0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.40 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.45 | 5.13 | -1.69 |
| Martin ratioReturn relative to average drawdown | 9.12 | 12.05 | -2.93 |
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
| FTC.L | FRES.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.94 | 2.91 | -0.98 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.65 | 0.79 | +0.86 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.31 | +0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.13 | 0.28 | -0.40 |
Drawdowns
FTC.L vs. FRES.L - Drawdown Comparison
The maximum FTC.L drawdown since its inception was -100.00%, which is greater than FRES.L's maximum drawdown of -82.36%. Use the drawdown chart below to compare losses from any high point for FTC.L and FRES.L.
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Drawdown Indicators
| FTC.L | FRES.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -82.36% | -17.64% |
Max Drawdown (1Y)Largest decline over 1 year | -38.81% | -31.03% | -7.78% |
Max Drawdown (3Y)Largest decline over 3 years | -38.81% | -34.85% | -3.96% |
Max Drawdown (5Y)Largest decline over 5 years | -38.81% | -53.75% | +14.94% |
Max Drawdown (10Y)Largest decline over 10 years | -81.72% | -74.47% | -7.25% |
Current DrawdownCurrent decline from peak | -99.73% | -26.82% | -72.91% |
Average DrawdownAverage peak-to-trough decline | -82.30% | -40.32% | -41.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.66% | 13.24% | +1.42% |
Volatility
FTC.L vs. FRES.L - Volatility Comparison
Filtronic (FTC.L) has a higher volatility of 43.65% compared to Fresnillo plc (FRES.L) at 19.37%. This indicates that FTC.L's price experiences larger fluctuations and is considered to be riskier than FRES.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FTC.L | FRES.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 43.65% | 19.37% | +24.28% |
Volatility (6M)Calculated over the trailing 6-month period | 58.72% | 41.62% | +17.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.06% | 54.69% | +14.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.59% | 42.30% | +18.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.70% | 43.34% | +22.36% |
Dividends
FTC.L vs. FRES.L - Dividend Comparison
FTC.L has not paid dividends to shareholders, while FRES.L's dividend yield for the trailing twelve months is around 2.99%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRES.L Fresnillo plc | 2.99% | 2.00% | 1.35% | 1.98% | 2.44% | 2.66% | 1.00% | 2.35% | 3.49% | 1.74% | 0.74% | 0.47% |
FTC.L Filtronic | 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
FTC.L vs. FRES.L - Financials Comparison
This section allows you to compare key financial metrics between Filtronic and Fresnillo plc. 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
FTC.L vs. FRES.L - Profitability Comparison
FTC.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Filtronic reported a gross profit of 5.25M and revenue of 25.25M. Therefore, the gross margin over that period was 20.8%.
FRES.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fresnillo plc reported a gross profit of 1.50B and revenue of 2.59B. Therefore, the gross margin over that period was 57.7%.
FTC.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Filtronic reported an operating income of 2.62M and revenue of 25.25M, resulting in an operating margin of 10.4%.
FRES.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fresnillo plc reported an operating income of 1.39B and revenue of 2.59B, resulting in an operating margin of 53.5%.
FTC.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Filtronic reported a net income of 2.64M and revenue of 25.25M, resulting in a net margin of 10.5%.
FRES.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fresnillo plc reported a net income of 994.96M and revenue of 2.59B, resulting in a net margin of 38.4%.
Frequently Asked Questions
FTC.L and FRES.L have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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