IE vs. ERO

Last updated Apr 1, 2026

Compare and contrast key facts about Ivanhoe Electric Inc (IE) and Ero Copper Corp (ERO).

Performance

IE vs. ERO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ivanhoe Electric Inc (IE) and Ero Copper Corp (ERO). The values are adjusted to include any dividend payments, if applicable.

IE vs. ERO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IE Ivanhoe Electric Inc	-26.03%	111.66%	-25.10%	-17.04%	12.50%
ERO Ero Copper Corp	-5.73%	109.87%	-14.63%	14.84%	46.28%

Fundamentals

EPS IE : $0.00 ERO : $2.54
PS Ratio IE : 322.48 ERO : 3.51
Total Revenue (TTM) IE : $3.24M ERO : $790.77M
Gross Profit (TTM) IE : $2.12M ERO : $346.87M
EBITDA (TTM) IE : -$37.40M ERO : $516.88M

Returns By Period

In the year-to-date period, IE achieves a -26.03% return, which is significantly lower than ERO's -5.73% return.

IE

• 1D: 9.75%
• 1M: -31.24%
• YTD: -26.03%
• 6M: -5.82%
• 1Y: 103.44%
• 3Y*: -0.91%
• 5Y*: —
• 10Y*: —

ERO

• 1D: 6.98%
• 1M: -21.97%
• YTD: -5.73%
• 6M: 31.83%
• 1Y: 120.05%
• 3Y*: 14.77%
• 5Y*: 8.86%
• 10Y*: —

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

Return for Risk

IE vs. ERO — Risk / Return Rank

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

IE

IE Risk / Return Rank: 78
IE Sharpe Ratio Rank: 82
IE Sortino Ratio Rank: 79
IE Omega Ratio Rank: 77
IE Calmar Ratio Rank: 76
IE Martin Ratio Rank: 77

ERO

ERO Risk / Return Rank: 87
ERO Sharpe Ratio Rank: 92
ERO Sortino Ratio Rank: 86
ERO Omega Ratio Rank: 85
ERO Calmar Ratio Rank: 87
ERO Martin Ratio Rank: 87

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.

IE vs. ERO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ivanhoe Electric Inc (IE) and Ero Copper Corp (ERO). 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.

	IE	ERO	Difference
Sharpe ratio Return per unit of total volatility	1.32	2.11	-0.80
Sortino ratio Return per unit of downside risk	2.03	2.46	-0.42
Omega ratio Gain probability vs. loss probability	1.25	1.33	-0.07
Calmar ratio Return relative to maximum drawdown	1.88	3.10	-1.22
Martin ratio Return relative to average drawdown	5.00	8.50	-3.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IE vs. ERO - Sharpe Ratio Comparison

The current IE Sharpe Ratio is 1.32, which is lower than the ERO Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of IE and ERO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IE	ERO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.32	2.11	-0.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.17	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.04	0.51	-0.47

Correlation

The correlation between IE and ERO is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

IE vs. ERO - Dividend Comparison

Neither IE nor ERO has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

IE vs. ERO - Drawdown Comparison

The maximum IE drawdown since its inception was -71.12%, which is greater than ERO's maximum drawdown of -67.17%. Use the drawdown chart below to compare losses from any high point for IE and ERO.

Drawdown Indicators

	IE	ERO	Difference
Max Drawdown Largest peak-to-trough decline	-71.12%	-67.17%	-3.95%
Max Drawdown (1Y) Largest decline over 1 year	-45.93%	-37.97%	-7.96%
Max Drawdown (5Y) Largest decline over 5 years	—	-65.66%	—
Current Drawdown Current decline from peak	-40.66%	-29.87%	-10.79%
Average Drawdown Average peak-to-trough decline	-31.80%	-27.10%	-4.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.28%	13.86%	+3.42%

Volatility

IE vs. ERO - Volatility Comparison

Ivanhoe Electric Inc (IE) has a higher volatility of 22.04% compared to Ero Copper Corp (ERO) at 19.12%. This indicates that IE's price experiences larger fluctuations and is considered to be riskier than ERO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IE	ERO	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.04%	19.12%	+2.92%
Volatility (6M) Calculated over the trailing 6-month period	56.54%	41.88%	+14.66%
Volatility (1Y) Calculated over the trailing 1-year period	79.52%	57.11%	+22.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	69.31%	54.02%	+15.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.31%	59.08%	+10.23%

Financials