ILKAY vs. REMX

Last updated Aug 1, 2026

ILKAY (Iluka Resources Ltd ADR) is a stock, while REMX (VanEck Rare Earth and Strategic Metals ETF) is Rare Earth & Strategic Metals fund tracking the MarketVector Global Rare Earth/Strategic Metals Index. Over the past 10 years, ILKAY returned 6.16%/yr vs 5.76%/yr for REMX. Their 0.14 correlation means their historical movements had little consistent relationship.

Performance

ILKAY vs. REMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Iluka Resources Ltd ADR (ILKAY) and VanEck Rare Earth and Strategic Metals ETF (REMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ILKAY achieves a 6.96% return, which is significantly higher than REMX's -10.75% return. Over the past 10 years, ILKAY has outperformed REMX with an annualized return of 6.16%, while REMX has yielded a comparatively lower 5.76% annualized return.

ILKAY

• 1D: -11.21%
• 1M: -13.91%
• 6M: 6.26%
• YTD: 6.96%
• 1Y: 24.81%
• 3Y*: -16.35%
• 5Y*: -6.72%
• 10Y*: 6.16%
• ALL TIME*: 1.20%

REMX

• 1D: -0.72%
• 1M: -23.93%
• 6M: -22.96%
• YTD: -10.75%
• 1Y: 36.09%
• 3Y*: -4.84%
• 5Y*: -7.48%
• 10Y*: 5.76%
• ALL TIME*: -5.36%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ILKAY Iluka Resources Ltd ADR	$66.96K	$47.62K	$61.22K
REMX VanEck Rare Earth and Strategic Metals ETF	$50.08M	$56.30M	$87.87M

ILKAY vs. REMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ILKAY Iluka Resources Ltd ADR	6.96%	19.25%	-26.93%	-30.67%	-8.72%	83.16%	24.66%	6.24%	-17.73%	44.05%
REMX VanEck Rare Earth and Strategic Metals ETF	-10.75%	92.95%	-35.02%	-19.18%	-31.13%	79.81%	64.82%	0.74%	-49.63%	82.60%

Correlation

The correlation between ILKAY and REMX is 0.32, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.32
Correlation (3Y) Balances recent behavior with more history.	0.21
Correlation (5Y) Shows whether the relationship held over a longer period.	0.19
Correlation (10Y) Provides a long-term view across more market conditions.	0.13
Correlation (All Time) Calculated using the full available price history since Feb 4, 2011	0.14

The correlation between ILKAY and REMX shifts across timeframes, from 0.13 (10 years) to 0.32 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

ILKAY vs. REMX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ILKAY

ILKAY Risk / Return Rank: 55
ILKAY Sharpe Ratio Rank: 53
ILKAY Sortino Ratio Rank: 56
ILKAY Omega Ratio Rank: 56
ILKAY Calmar Ratio Rank: 55
ILKAY Martin Ratio Rank: 53

REMX

REMX Risk / Return Rank: 31
REMX Sharpe Ratio Rank: 30
REMX Sortino Ratio Rank: 34
REMX Omega Ratio Rank: 32
REMX Calmar Ratio Rank: 28
REMX Martin Ratio Rank: 31

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ILKAY vs. REMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Iluka Resources Ltd ADR (ILKAY) and VanEck Rare Earth and Strategic Metals ETF (REMX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ILKAY	REMX	Difference
Sharpe ratio: Return per unit of total volatility	0.23	0.74	-0.50
Sortino ratio: Return per unit of downside risk	0.88	1.29	-0.41
Omega ratio: Gain probability vs. loss probability	1.12	1.15	-0.03
Calmar ratio: Return relative to maximum drawdown	0.41	0.89	-0.48
Martin ratio: Return relative to average drawdown	0.72	2.75	-2.03

ILKAY vs. REMX - Sharpe Ratio Comparison

The current ILKAY Sharpe Ratio is 0.23, which is lower than the REMX Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of ILKAY and REMX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ILKAY vs. REMX - Drawdown Comparison

The maximum ILKAY drawdown since its inception was -79.51%, smaller than the maximum REMX drawdown of -90.20%. Use the drawdown chart below to compare losses from any high point for ILKAY and REMX.

Drawdown Indicators

	ILKAY	REMX	Difference
Max Drawdown Largest peak-to-trough decline	-79.51%	-90.20%	+10.69%
Max Drawdown (1Y) Largest decline over 1 year	-43.96%	-41.03%	-2.93%
Max Drawdown (3Y) Largest decline over 3 years	-72.03%	-58.11%	-13.92%
Max Drawdown (5Y) Largest decline over 5 years	-77.94%	-73.34%	-4.60%
Max Drawdown (10Y) Largest decline over 10 years	-77.94%	-73.34%	-4.60%
Current Drawdown Current decline from peak	-51.52%	-69.79%	+18.27%
Average Drawdown Average peak-to-trough decline	-47.21%	-66.81%	+19.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.06%	13.28%	+11.78%

Volatility

ILKAY vs. REMX - Volatility Comparison

Iluka Resources Ltd ADR (ILKAY) has a higher volatility of 29.36% compared to VanEck Rare Earth and Strategic Metals ETF (REMX) at 11.77%. This indicates that ILKAY's price experiences larger fluctuations and is considered to be riskier than REMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ILKAY	REMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	29.36%	11.77%	+17.59%
Volatility (6M) Calculated over the trailing 6-month period	51.59%	37.31%	+14.28%
Volatility (1Y) Calculated over the trailing 1-year period	77.71%	49.87%	+27.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	56.80%	40.57%	+16.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.03%	37.30%	+14.73%

Dividends

ILKAY vs. REMX - Dividend Comparison

ILKAY's dividend yield for the trailing twelve months is around 0.86%, less than REMX's 1.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ILKAY Iluka Resources Ltd ADR	0.86%	1.03%	1.68%	3.58%	7.39%	1.33%	73.30%	2.45%	4.10%	0.55%	9.11%	2.95%
REMX VanEck Rare Earth and Strategic Metals ETF	1.97%	1.76%	2.56%	0.00%	1.56%	5.25%	0.81%	1.64%	12.43%	2.89%	2.23%	4.77%

Frequently Asked Questions

Can I hold both ILKAY and REMX in my portfolio?

ILKAY and REMX have a correlation of 0.32, 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 REMX?

ILKAY has higher volatility (29.36%) compared to REMX (11.77%). In terms of maximum drawdown, ILKAY dropped -79.51% vs REMX's -90.20%.

Which has better risk-adjusted returns?

REMX currently has the higher Sharpe Ratio (0.74 vs 0.23), 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.