GRP.IR vs. RIO

Last updated Jun 5, 2026

GRP.IR (Greencoat Renewables PLC) and RIO (Rio Tinto Group) are both stocks. GRP.IR operates in Utilities - Renewable (Utilities), while RIO operates in Other Industrial Metals & Mining (Basic Materials). Over the past 5 years, GRP.IR returned -4.95%/yr vs 12.75%/yr for RIO. At a 0.03 correlation, their price movements are largely independent.

Performance

GRP.IR vs. RIO - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Greencoat Renewables PLC (GRP.IR) and Rio Tinto Group (RIO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

GRP.IR is traded in EUR, while RIO is traded in USD. To make them comparable, the RIO values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, GRP.IR achieves a 0.13% return, which is significantly lower than RIO's 40.20% return.

GRP.IR

• 1D: 0.13%
• 1M: 0.13%
• YTD: 0.13%
• 6M: 0.13%
• 1Y: 0.13%
• 3Y*: -9.56%
• 5Y*: -4.95%
• 10Y*: —

RIO

• 1D: 0.00%
• 1M: 8.10%
• YTD: 40.20%
• 6M: 50.87%
• 1Y: 90.82%
• 3Y*: 23.92%
• 5Y*: 12.75%
• 10Y*: 21.49%

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

GRP.IR vs. RIO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GRP.IR Greencoat Renewables PLC	0.13%	-6.32%	-19.00%	-6.46%	6.81%	1.25%	3.48%	21.38%	3.10%	2.88%
RIO Rio Tinto Group	36.93%	27.32%	-9.77%	7.73%	25.82%	3.54%	24.99%	36.19%	1.63%	14.52%

Correlation

The correlation between GRP.IR and RIO is -0.10, 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	-0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.04
Correlation (All Time) Calculated using the full available price history since Jul 26, 2017	0.03

The correlation between GRP.IR and RIO shifts across timeframes, from -0.10 (1 year) to 0.04 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

GRP.IR vs. RIO — Risk / Return Rank

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

RIO

RIO Risk / Return Rank: 94
RIO Sharpe Ratio Rank: 95
RIO Sortino Ratio Rank: 93
RIO Omega Ratio Rank: 92
RIO Calmar Ratio Rank: 93
RIO Martin Ratio Rank: 96

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.

GRP.IR vs. RIO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Greencoat Renewables PLC (GRP.IR) and Rio Tinto Group (RIO). 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.

	GRP.IR	RIO	Difference
Sharpe ratio: Return per unit of total volatility	1.00	3.44	-2.44
Sortino ratio: Return per unit of downside risk	—	4.05	—
Omega ratio: Gain probability vs. loss probability	—	1.52	—
Calmar ratio: Return relative to maximum drawdown	—	6.80	—
Martin ratio: Return relative to average drawdown	—	27.34	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GRP.IR vs. RIO - Sharpe Ratio Comparison

The current GRP.IR Sharpe Ratio is 1.00, which is lower than the RIO Sharpe Ratio of 3.44. The chart below compares the historical Sharpe Ratios of GRP.IR and RIO, 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

	GRP.IR	RIO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.00	3.44	-2.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.31	0.47	-0.78
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.73	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.01	0.25	-0.23

Drawdowns

GRP.IR vs. RIO - Drawdown Comparison

The maximum GRP.IR drawdown since its inception was -35.60%, smaller than the maximum RIO drawdown of -86.56%. Use the drawdown chart below to compare losses from any high point for GRP.IR and RIO.

Drawdown Indicators

	GRP.IR	RIO	Difference
Max Drawdown Largest peak-to-trough decline	-35.60%	-86.56%	+50.96%
Max Drawdown (1Y) Largest decline over 1 year	0.00%	-13.42%	+13.42%
Max Drawdown (3Y) Largest decline over 3 years	-28.79%	-24.79%	-4.00%
Max Drawdown (5Y) Largest decline over 5 years	-35.60%	-28.64%	-6.96%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.88%	—
Current Drawdown Current decline from peak	-34.59%	-3.20%	-31.39%
Average Drawdown Average peak-to-trough decline	-12.16%	-26.48%	+14.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.00%	3.33%	-3.33%

Volatility

GRP.IR vs. RIO - Volatility Comparison

The current volatility for Greencoat Renewables PLC (GRP.IR) is 0.13%, while Rio Tinto Group (RIO) has a volatility of 10.68%. This indicates that GRP.IR experiences smaller price fluctuations and is considered to be less risky than RIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GRP.IR	RIO	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.13%	10.68%	-10.55%
Volatility (6M) Calculated over the trailing 6-month period	0.13%	21.86%	-21.73%
Volatility (1Y) Calculated over the trailing 1-year period	0.13%	26.60%	-26.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.85%	27.27%	-11.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.67%	29.52%	-10.85%

Dividends

GRP.IR vs. RIO - Dividend Comparison

GRP.IR has not paid dividends to shareholders, while RIO's dividend yield for the trailing twelve months is around 3.81%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GRP.IR Greencoat Renewables PLC	0.00%	0.00%	0.00%	4.68%	5.42%	5.41%	5.20%	5.08%	6.90%	0.00%	0.00%	0.00%
RIO Rio Tinto Group	3.81%	4.66%	7.40%	5.40%	10.48%	10.23%	5.13%	7.68%	6.32%	4.47%	3.93%	7.58%

Financials

Frequently Asked Questions

Can I hold both GRP.IR and RIO in my portfolio?

GRP.IR and RIO have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.