IE vs. SES

Last updated Apr 1, 2026

Compare and contrast key facts about Ivanhoe Electric Inc (IE) and SES AI Corp (SES).

Performance

IE vs. SES - Performance Comparison

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

IE vs. SES - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IE Ivanhoe Electric Inc	-26.03%	111.66%	-25.10%	-17.04%	12.50%
SES SES AI Corp	-46.56%	-17.81%	19.67%	-41.90%	-26.06%

Fundamentals

EPS IE : $0.00 SES : -$0.22
PS Ratio IE : 322.48 SES : 15.18
Total Revenue (TTM) IE : $3.24M SES : $21.00M
Gross Profit (TTM) IE : $2.12M SES : $11.31M
EBITDA (TTM) IE : -$37.40M SES : -$76.30M

Returns By Period

In the year-to-date period, IE achieves a -26.03% return, which is significantly higher than SES's -46.56% return.

IE

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

SES

• 1D: 4.83%
• 1M: -41.34%
• YTD: -46.56%
• 6M: -42.40%
• 1Y: 84.75%
• 3Y*: -31.17%
• 5Y*: -37.37%
• 10Y*: —

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

Return for Risk

IE vs. SES — 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

SES

SES Risk / Return Rank: 68
SES Sharpe Ratio Rank: 68
SES Sortino Ratio Rank: 73
SES Omega Ratio Rank: 70
SES Calmar Ratio Rank: 64
SES Martin Ratio Rank: 63

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. SES - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ivanhoe Electric Inc (IE) and SES AI Corp (SES). 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	SES	Difference
Sharpe ratio Return per unit of total volatility	1.32	0.76	+0.55
Sortino ratio Return per unit of downside risk	2.03	1.71	+0.33
Omega ratio Gain probability vs. loss probability	1.25	1.21	+0.04
Calmar ratio Return relative to maximum drawdown	1.88	1.04	+0.84
Martin ratio Return relative to average drawdown	5.00	2.29	+2.71
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. SES - Sharpe Ratio Comparison

The current IE Sharpe Ratio is 1.32, which is higher than the SES Sharpe Ratio of 0.76. The chart below compares the historical Sharpe Ratios of IE and SES, 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	SES	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.32	0.76	+0.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.33	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.04	-0.34	+0.37

Correlation

The correlation between IE and SES is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

IE vs. SES - Dividend Comparison

Neither IE nor SES has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

IE vs. SES - Drawdown Comparison

The maximum IE drawdown since its inception was -71.12%, smaller than the maximum SES drawdown of -97.58%. Use the drawdown chart below to compare losses from any high point for IE and SES.

Drawdown Indicators

	IE	SES	Difference
Max Drawdown Largest peak-to-trough decline	-71.12%	-97.58%	+26.46%
Max Drawdown (1Y) Largest decline over 1 year	-45.93%	-74.08%	+28.15%
Max Drawdown (5Y) Largest decline over 5 years	—	-97.58%	—
Current Drawdown Current decline from peak	-40.66%	-91.36%	+50.70%
Average Drawdown Average peak-to-trough decline	-31.80%	-64.84%	+33.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.28%	33.59%	-16.31%

Volatility

IE vs. SES - Volatility Comparison

The current volatility for Ivanhoe Electric Inc (IE) is 22.04%, while SES AI Corp (SES) has a volatility of 50.27%. This indicates that IE experiences smaller price fluctuations and is considered to be less risky than SES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IE	SES	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.04%	50.27%	-28.23%
Volatility (6M) Calculated over the trailing 6-month period	56.54%	86.11%	-29.57%
Volatility (1Y) Calculated over the trailing 1-year period	79.52%	112.01%	-32.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	69.31%	113.43%	-44.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.31%	112.49%	-43.18%

Financials