ILKAY vs. LYSDY

Last updated Jun 4, 2026

ILKAY (Iluka Resources Ltd ADR) and LYSDY (Lynas Rare Earths Ltd ADR) are both stocks. Both operate in the Other Industrial Metals & Mining industry within the Basic Materials sector. Over the past 10 years, ILKAY returned 11.57%/yr vs 77.85%/yr for LYSDY. At a 0.11 correlation, their price movements are largely independent.

Performance

ILKAY vs. LYSDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Iluka Resources Ltd ADR (ILKAY) and Lynas Rare Earths Ltd ADR (LYSDY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ILKAY achieves a 52.99% return, which is significantly lower than LYSDY's 65.78% return. Over the past 10 years, ILKAY has underperformed LYSDY with an annualized return of 11.57%, while LYSDY has yielded a comparatively higher 77.85% annualized return.

ILKAY

• 1D: -3.21%
• 1M: -0.85%
• YTD: 52.99%
• 6M: 28.50%
• 1Y: 142.51%
• 3Y*: -7.82%
• 5Y*: 0.20%
• 10Y*: 11.57%

LYSDY

• 1D: -0.51%
• 1M: 2.85%
• YTD: 65.78%
• 6M: 42.66%
• 1Y: 160.65%
• 3Y*: 38.77%
• 5Y*: 26.57%
• 10Y*: 77.85%

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

ILKAY vs. LYSDY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ILKAY Iluka Resources Ltd ADR	52.99%	19.25%	-26.93%	-30.67%	-8.72%	83.16%	24.66%	6.24%	-17.73%	44.05%
LYSDY Lynas Rare Earths Ltd ADR	65.78%	109.37%	-18.22%	-8.17%	-29.21%	144.41%	79.88%	50.87%	489.58%	258.76%

Correlation

The correlation between ILKAY and LYSDY is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (10Y) Calculated over the trailing 10-year period	0.12
Correlation (All Time) Calculated using the full available price history since Feb 7, 2011	0.11

Over the past year, ILKAY and LYSDY have become more correlated (0.36) than their long-term average of 0.11, meaning their price movements have been converging.

Fundamentals

Market Cap ILKAY : $2.43B LYSDY : $13.48B
EPS ILKAY : -$1.11 LYSDY : $0.14
PS Ratio ILKAY : 1.29 LYSDY : 11.06
PB Ratio ILKAY : 1.18 LYSDY : 4.01
Total Revenue (TTM) ILKAY : $1.89B LYSDY : $1.19B
Gross Profit (TTM) ILKAY : $789.87M LYSDY : $301.27M
EBITDA (TTM) ILKAY : $565.16M LYSDY : $236.57M

Return for Risk

ILKAY vs. LYSDY — Risk / Return Rank

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

ILKAY

ILKAY Risk / Return Rank: 83
ILKAY Sharpe Ratio Rank: 87
ILKAY Sortino Ratio Rank: 82
ILKAY Omega Ratio Rank: 82
ILKAY Calmar Ratio Rank: 84
ILKAY Martin Ratio Rank: 79

LYSDY

LYSDY Risk / Return Rank: 85
LYSDY Sharpe Ratio Rank: 91
LYSDY Sortino Ratio Rank: 85
LYSDY Omega Ratio Rank: 83
LYSDY Calmar Ratio Rank: 85
LYSDY Martin Ratio Rank: 81

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.

ILKAY vs. LYSDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Iluka Resources Ltd ADR (ILKAY) and Lynas Rare Earths Ltd ADR (LYSDY). 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.

	ILKAY	LYSDY	Difference
Sharpe ratio Return per unit of total volatility	1.89	2.46	-0.58
Sortino ratio Return per unit of downside risk	2.43	2.70	-0.28
Omega ratio Gain probability vs. loss probability	1.33	1.35	-0.02
Calmar ratio Return relative to maximum drawdown	3.26	3.48	-0.22
Martin ratio Return relative to average drawdown	6.29	7.34	-1.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ILKAY vs. LYSDY - Sharpe Ratio Comparison

The current ILKAY Sharpe Ratio is 1.89, which is comparable to the LYSDY Sharpe Ratio of 2.46. The chart below compares the historical Sharpe Ratios of ILKAY and LYSDY, 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

	ILKAY	LYSDY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.89	2.46	-0.58
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.00	0.53	-0.53
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.23	0.28	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.07	0.03	+0.04

Drawdowns

ILKAY vs. LYSDY - Drawdown Comparison

The maximum ILKAY drawdown since its inception was -79.51%, smaller than the maximum LYSDY drawdown of -99.93%. Use the drawdown chart below to compare losses from any high point for ILKAY and LYSDY.

Drawdown Indicators

	ILKAY	LYSDY	Difference
Max Drawdown Largest peak-to-trough decline	-79.51%	-99.93%	+20.42%
Max Drawdown (1Y) Largest decline over 1 year	-43.96%	-46.39%	+2.43%
Max Drawdown (3Y) Largest decline over 3 years	-76.29%	-46.39%	-29.90%
Max Drawdown (5Y) Largest decline over 5 years	-77.94%	-58.25%	-19.69%
Max Drawdown (10Y) Largest decline over 10 years	-77.94%	-72.35%	-5.59%
Current Drawdown Current decline from peak	-30.66%	-50.42%	+19.76%
Average Drawdown Average peak-to-trough decline	-47.27%	-84.54%	+37.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.74%	21.98%	+0.76%

Volatility

ILKAY vs. LYSDY - Volatility Comparison

Iluka Resources Ltd ADR (ILKAY) has a higher volatility of 16.25% compared to Lynas Rare Earths Ltd ADR (LYSDY) at 15.31%. This indicates that ILKAY's price experiences larger fluctuations and is considered to be riskier than LYSDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ILKAY	LYSDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.25%	15.31%	+0.94%
Volatility (6M) Calculated over the trailing 6-month period	46.51%	43.02%	+3.49%
Volatility (1Y) Calculated over the trailing 1-year period	76.31%	65.65%	+10.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.59%	50.49%	+4.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.17%	278.64%	-227.47%

Dividends

ILKAY vs. LYSDY - Dividend Comparison

ILKAY's dividend yield for the trailing twelve months is around 0.60%, while LYSDY has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ILKAY Iluka Resources Ltd ADR	0.60%	1.03%	1.68%	3.58%	7.39%	1.33%	73.30%	2.45%	4.10%	0.55%	9.11%	2.95%
LYSDY Lynas Rare Earths Ltd ADR	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

ILKAY vs. LYSDY - Profitability Comparison

The chart below illustrates the profitability comparison between Iluka Resources Ltd ADR and Lynas Rare Earths Ltd ADR over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ILKAY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Iluka Resources Ltd ADR reported a gross profit of -124.38M and revenue of 429.57M. Therefore, the gross margin over that period was -29.0%.

LYSDY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lynas Rare Earths Ltd ADR reported a gross profit of 114.53M and revenue of 406.10M. Therefore, the gross margin over that period was 28.2%.

ILKAY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Iluka Resources Ltd ADR reported an operating income of -205.17M and revenue of 429.57M, resulting in an operating margin of -47.8%.

LYSDY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lynas Rare Earths Ltd ADR reported an operating income of 79.26M and revenue of 406.10M, resulting in an operating margin of 19.5%.

ILKAY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Iluka Resources Ltd ADR reported a net income of -373.42M and revenue of 429.57M, resulting in a net margin of -86.9%.

LYSDY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lynas Rare Earths Ltd ADR reported a net income of 78.74M and revenue of 406.10M, resulting in a net margin of 19.4%.

Frequently Asked Questions

Can I hold both ILKAY and LYSDY in my portfolio?

ILKAY and LYSDY have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ILKAY or LYSDY?

ILKAY has higher volatility (16.25%) compared to LYSDY (15.31%). In terms of maximum drawdown, ILKAY dropped -79.51% vs LYSDY's -99.93%.

Which has better risk-adjusted returns?

LYSDY currently has the higher Sharpe Ratio (2.46 vs 1.89), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.