GGP.L vs. NRJL.L

Last updated Jun 5, 2026

GGP.L (Greatland Gold plc) is a stock, while NRJL.L (Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist) is Energy Equities fund tracking the S&P Global Clean Energy TR USD. Over the past 5 years, GGP.L returned 12.17%/yr vs 31.39%/yr for NRJL.L. At a 0.11 correlation, their price movements are largely independent.

Performance

GGP.L vs. NRJL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Greatland Gold plc (GGP.L) and Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist (NRJL.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

GGP.L is traded in GBp, while NRJL.L is traded in GBP. To make them comparable, the NRJL.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

The year-to-date returns for both stocks are quite close, with GGP.L having a 37.64% return and NRJL.L slightly lower at 36.32%.

GGP.L

• 1D: -0.42%
• 1M: -1.03%
• YTD: 37.64%
• 6M: 77.66%
• 1Y: 145.72%
• 3Y*: 67.02%
• 5Y*: 12.17%
• 10Y*: 60.56%

NRJL.L

• 1D: -2.12%
• 1M: 2.01%
• YTD: 36.32%
• 6M: 132.36%
• 1Y: 205.26%
• 3Y*: 29.93%
• 5Y*: 31.39%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GGP.L vs. NRJL.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
GGP.L Greatland Gold plc	37.64%	309.83%	-35.50%	23.25%	-50.00%	-56.64%	57.02%
NRJL.L Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist	36.32%	130.90%	-11.57%	-22.89%	20.78%	36.43%	19.52%

Correlation

The correlation between GGP.L and NRJL.L is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (All Time) Calculated using the full available price history since Oct 29, 2020	0.11

The correlation between GGP.L and NRJL.L shifts across timeframes, from 0.10 (3 years) to 0.21 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

GGP.L vs. NRJL.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GGP.L

GGP.L Risk / Return Rank: 87
GGP.L Sharpe Ratio Rank: 90
GGP.L Sortino Ratio Rank: 83
GGP.L Omega Ratio Rank: 84
GGP.L Calmar Ratio Rank: 89
GGP.L Martin Ratio Rank: 88

NRJL.L

NRJL.L Risk / Return Rank: 96
NRJL.L Sharpe Ratio Rank: 87
NRJL.L Sortino Ratio Rank: 99
NRJL.L Omega Ratio Rank: 98
NRJL.L Calmar Ratio Rank: 99
NRJL.L Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GGP.L vs. NRJL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Greatland Gold plc (GGP.L) and Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist (NRJL.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.

	GGP.L	NRJL.L	Difference
Sharpe ratio: Return per unit of total volatility	2.25	2.85	-0.60
Sortino ratio: Return per unit of downside risk	2.57	10.58	-8.00
Omega ratio: Gain probability vs. loss probability	1.35	2.46	-1.11
Calmar ratio: Return relative to maximum drawdown	4.13	23.97	-19.84
Martin ratio: Return relative to average drawdown	10.73	85.38	-74.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GGP.L vs. NRJL.L - Sharpe Ratio Comparison

The current GGP.L Sharpe Ratio is 2.25, which is comparable to the NRJL.L Sharpe Ratio of 2.85. The chart below compares the historical Sharpe Ratios of GGP.L and NRJL.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GGP.L	NRJL.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	2.85	-0.60
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.19	0.69	-0.50
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.67	-0.52

Drawdowns

GGP.L vs. NRJL.L - Drawdown Comparison

The maximum GGP.L drawdown since its inception was -98.48%, which is greater than NRJL.L's maximum drawdown of -51.06%. Use the drawdown chart below to compare losses from any high point for GGP.L and NRJL.L.

Drawdown Indicators

	GGP.L	NRJL.L	Difference
Max Drawdown Largest peak-to-trough decline	-98.48%	-51.06%	-47.42%
Max Drawdown (1Y) Largest decline over 1 year	-35.27%	-8.51%	-26.76%
Max Drawdown (3Y) Largest decline over 3 years	-55.65%	-40.91%	-14.74%
Max Drawdown (5Y) Largest decline over 5 years	-76.82%	-51.06%	-25.76%
Max Drawdown (10Y) Largest decline over 10 years	-86.35%	—	—
Current Drawdown Current decline from peak	-9.69%	-2.51%	-7.18%
Average Drawdown Average peak-to-trough decline	-65.13%	-22.13%	-43.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.57%	2.39%	+11.18%

Volatility

GGP.L vs. NRJL.L - Volatility Comparison

Greatland Gold plc (GGP.L) has a higher volatility of 13.35% compared to Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist (NRJL.L) at 7.66%. This indicates that GGP.L's price experiences larger fluctuations and is considered to be riskier than NRJL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GGP.L	NRJL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.35%	7.66%	+5.69%
Volatility (6M) Calculated over the trailing 6-month period	41.61%	54.66%	-13.05%
Volatility (1Y) Calculated over the trailing 1-year period	64.83%	71.66%	-6.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	64.86%	45.42%	+19.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	90.93%	43.84%	+47.09%

Dividends

GGP.L vs. NRJL.L - Dividend Comparison

GGP.L has not paid dividends to shareholders, while NRJL.L's dividend yield for the trailing twelve months is around 30.86%.

Position	TTM	2025	2024	2023	2022	2021
GGP.L Greatland Gold plc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NRJL.L Lyxor MSCI New Energy ESG Filtered (DR) UCITS ETF - Dist	30.86%	42.07%	0.73%	0.77%	23.99%	31.56%

Frequently Asked Questions

Can I hold both GGP.L and NRJL.L in my portfolio?

GGP.L and NRJL.L have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.