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ILU.AX vs. LYC.AX
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

ILU.AX vs. LYC.AX

Last updated Jun 4, 2026

ILU.AX (Iluka Resources Limited) and LYC.AX (Lynas Rare Earths Limited) are both stocks. Both operate in the Other Industrial Metals & Mining industry within the Basic Materials sector. Over the past 10 years, ILU.AX returned 13.54%/yr vs 40.70%/yr for LYC.AX. At a 0.21 correlation, their price movements are largely independent.

Performance

ILU.AX vs. LYC.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Iluka Resources Limited (ILU.AX) and Lynas Rare Earths Limited (LYC.AX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ILU.AX achieves a 40.20% return, which is significantly lower than LYC.AX's 56.67% return. Over the past 10 years, ILU.AX has underperformed LYC.AX with an annualized return of 13.54%, while LYC.AX has yielded a comparatively higher 40.70% annualized return.

ILU.AX

1D
1.89%
1M
-2.42%
YTD
40.20%
6M
22.44%
1Y
127.47%
3Y*
-9.83%
5Y*
3.64%
10Y*
13.54%

LYC.AX

1D
2.80%
1M
3.12%
YTD
56.67%
6M
33.40%
1Y
144.54%
3Y*
36.70%
5Y*
29.08%
10Y*
40.70%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ILU.AX vs. LYC.AX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ILU.AX
Iluka Resources Limited		40.20%16.09%-22.54%-29.20%2.69%58.07%40.10%29.41%-19.63%41.71%
LYC.AX
Lynas Rare Earths Limited		56.67%93.47%-10.20%-8.79%-22.81%155.53%73.18%47.00%-27.29%198.64%

Correlation

The correlation between ILU.AX and LYC.AX is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.63

Correlation (3Y)
Calculated over the trailing 3-year period

0.56

Correlation (5Y)
Calculated over the trailing 5-year period

0.53

Correlation (10Y)
Calculated over the trailing 10-year period

0.41

Correlation (All Time)
Calculated using the full available price history since Feb 1, 1988

0.21

Over the past year, ILU.AX and LYC.AX have become more correlated (0.63) than their long-term average of 0.21, meaning their price movements have been converging.

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Iluka Resources Limited

Lynas Rare Earths Limited

Often compared with ILU.AX:
ILU.AX vs. UMI.BRILU.AX vs. NDA.DEILU.AX vs. WWRILU.AX vs. AMG.ASILU.AX vs. UUUUILU.AX vs. AII.TOILU.AX vs. UAMY
Often compared with LYC.AX:
LYC.AX vs. MPLYC.AX vs. SPYLYC.AX vs. METCLYC.AX vs. ECMPA.ASLYC.AX vs. PDN.TOLYC.AX vs. GLDMLYC.AX vs. UAMY

Return for Risk

ILU.AX vs. LYC.AX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ILU.AX
ILU.AX Risk / Return Rank: 8383
Overall Rank
ILU.AX Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
ILU.AX Sortino Ratio Rank: 8484
Sortino Ratio Rank
ILU.AX Omega Ratio Rank: 8484
Omega Ratio Rank
ILU.AX Calmar Ratio Rank: 8080
Calmar Ratio Rank
ILU.AX Martin Ratio Rank: 7777
Martin Ratio Rank
LYC.AX
LYC.AX Risk / Return Rank: 8585
Overall Rank
LYC.AX Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
LYC.AX Sortino Ratio Rank: 8686
Sortino Ratio Rank
LYC.AX Omega Ratio Rank: 8585
Omega Ratio Rank
LYC.AX Calmar Ratio Rank: 8484
Calmar Ratio Rank
LYC.AX Martin Ratio Rank: 8181
Martin Ratio Rank
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.

ILU.AX vs. LYC.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Iluka Resources Limited (ILU.AX) and Lynas Rare Earths Limited (LYC.AX). 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.

ILU.AXLYC.AXDifference
Sharpe ratioReturn per unit of total volatility
2.05
2.34

-0.29

Sortino ratioReturn per unit of downside risk
2.60
2.81

-0.21

Omega ratioGain probability vs. loss probability

1.34

1.36

-0.02

Calmar ratioReturn relative to maximum drawdown

2.69

3.27

-0.58

Martin ratioReturn relative to average drawdown

5.41

6.99

-1.58

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ILU.AX vs. LYC.AX - Sharpe Ratio Comparison

The current ILU.AX Sharpe Ratio is 2.05, which is comparable to the LYC.AX Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of ILU.AX and LYC.AX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

ILU.AXLYC.AXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.05

2.34

-0.29

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.08

0.63

-0.55

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.34

0.73

-0.40

Sharpe Ratio (All Time)

Calculated using the full available price history

0.26

0.04

+0.22

Drawdowns

ILU.AX vs. LYC.AX - Drawdown Comparison

The maximum ILU.AX drawdown since its inception was -73.03%, smaller than the maximum LYC.AX drawdown of -98.77%. Use the drawdown chart below to compare losses from any high point for ILU.AX and LYC.AX.

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Drawdown Indicators

ILU.AXLYC.AXDifference

Max Drawdown

Largest peak-to-trough decline

-73.03%

-98.77%

+25.74%

Max Drawdown (1Y)

Largest decline over 1 year

-46.77%

-43.67%

-3.10%

Max Drawdown (3Y)

Largest decline over 3 years

-73.03%

-43.67%

-29.36%

Max Drawdown (5Y)

Largest decline over 5 years

-73.03%

-51.45%

-21.58%

Max Drawdown (10Y)

Largest decline over 10 years

-73.03%

-64.59%

-8.44%

Current Drawdown

Current decline from peak

-30.06%

-24.00%

-6.06%

Average Drawdown

Average peak-to-trough decline

-27.78%

-63.63%

+35.85%

Ulcer Index

Depth and duration of drawdowns from previous peaks

23.34%

20.52%

+2.82%

Volatility

ILU.AX vs. LYC.AX - Volatility Comparison

The current volatility for Iluka Resources Limited (ILU.AX) is 10.68%, while Lynas Rare Earths Limited (LYC.AX) has a volatility of 15.52%. This indicates that ILU.AX experiences smaller price fluctuations and is considered to be less risky than LYC.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ILU.AXLYC.AXDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.68%

15.52%

-4.84%

Volatility (6M)

Calculated over the trailing 6-month period

38.54%

42.79%

-4.25%

Volatility (1Y)

Calculated over the trailing 1-year period

61.35%

60.95%

+0.40%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

43.74%

46.13%

-2.39%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

39.94%

55.29%

-15.35%

Dividends

ILU.AX vs. LYC.AX - Dividend Comparison

ILU.AX's dividend yield for the trailing twelve months is around 0.62%, while LYC.AX has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
ILU.AX
Iluka Resources Limited		0.62%1.04%1.58%3.48%3.88%1.45%1.29%5.33%9.48%1.22%6.24%6.40%
LYC.AX
Lynas Rare Earths Limited		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

ILU.AX vs. LYC.AX - Financials Comparison

This section allows you to compare key financial metrics between Iluka Resources Limited and Lynas Rare Earths Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.

Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities

Values in AUD except per share items

Frequently Asked Questions

ILU.AX and LYC.AX have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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