ILU.AX vs. UMI.BR

Last updated Jun 5, 2026

ILU.AX (Iluka Resources Limited) and UMI.BR (Umicore SA) are both stocks. ILU.AX operates in Other Industrial Metals & Mining (Basic Materials), while UMI.BR operates in Pollution & Treatment Controls (Industrials). Over the past 10 years, ILU.AX returned 12.87%/yr vs 3.56%/yr for UMI.BR. At a 0.13 correlation, their price movements are largely independent.

Performance

ILU.AX vs. UMI.BR - Performance Comparison

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

Different Trading Currencies

ILU.AX is traded in AUD, while UMI.BR is traded in EUR. To make them comparable, the UMI.BR values have been converted to AUD using the latest available exchange rates.

Returns By Period

In the year-to-date period, ILU.AX achieves a 37.08% return, which is significantly higher than UMI.BR's 29.47% return. Over the past 10 years, ILU.AX has outperformed UMI.BR with an annualized return of 12.87%, while UMI.BR has yielded a comparatively lower 3.56% annualized return.

ILU.AX

• 1D: -2.23%
• 1M: -2.23%
• YTD: 37.08%
• 6M: 25.78%
• 1Y: 117.55%
• 3Y*: -11.12%
• 5Y*: 3.18%
• 10Y*: 12.87%

UMI.BR

• 1D: -3.78%
• 1M: 20.45%
• YTD: 29.47%
• 6M: 49.86%
• 1Y: 135.88%
• 3Y*: 0.28%
• 5Y*: -10.19%
• 10Y*: 3.56%

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

ILU.AX vs. UMI.BR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ILU.AX Iluka Resources Limited	37.08%	16.09%	-22.54%	-29.20%	2.69%	58.07%	40.10%	29.41%	-19.63%	41.71%
UMI.BR Umicore SA	29.47%	94.99%	-56.63%	-22.88%	-1.64%	-8.94%	-9.44%	25.70%	-5.27%	56.50%

Correlation

The correlation between ILU.AX and UMI.BR is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (10Y) Calculated over the trailing 10-year period	0.14
Correlation (All Time) Calculated using the full available price history since Jul 3, 2007	0.13

The correlation between ILU.AX and UMI.BR shifts across timeframes, from 0.13 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

ILU.AX vs. UMI.BR — 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: 81
ILU.AX Sharpe Ratio Rank: 87
ILU.AX Sortino Ratio Rank: 82
ILU.AX Omega Ratio Rank: 82
ILU.AX Calmar Ratio Rank: 78
ILU.AX Martin Ratio Rank: 75

UMI.BR

UMI.BR Risk / Return Rank: 93
UMI.BR Sharpe Ratio Rank: 95
UMI.BR Sortino Ratio Rank: 94
UMI.BR Omega Ratio Rank: 93
UMI.BR Calmar Ratio Rank: 92
UMI.BR Martin Ratio Rank: 91

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. UMI.BR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Iluka Resources Limited (ILU.AX) and Umicore SA (UMI.BR). 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.AX	UMI.BR	Difference
Sharpe ratio: Return per unit of total volatility	1.89	2.75	-0.86
Sortino ratio: Return per unit of downside risk	2.48	3.62	-1.15
Omega ratio: Gain probability vs. loss probability	1.33	1.47	-0.15
Calmar ratio: Return relative to maximum drawdown	2.49	4.16	-1.67
Martin ratio: Return relative to average drawdown	4.99	10.16	-5.17
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. UMI.BR - Sharpe Ratio Comparison

The current ILU.AX Sharpe Ratio is 1.89, which is lower than the UMI.BR Sharpe Ratio of 2.75. The chart below compares the historical Sharpe Ratios of ILU.AX and UMI.BR, 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

	ILU.AX	UMI.BR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.89	2.75	-0.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.07	-0.26	+0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.32	0.10	+0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.14	+0.11

Drawdowns

ILU.AX vs. UMI.BR - Drawdown Comparison

The maximum ILU.AX drawdown since its inception was -73.03%, smaller than the maximum UMI.BR drawdown of -84.65%. Use the drawdown chart below to compare losses from any high point for ILU.AX and UMI.BR.

Drawdown Indicators

	ILU.AX	UMI.BR	Difference
Max Drawdown Largest peak-to-trough decline	-73.03%	-84.65%	+11.62%
Max Drawdown (1Y) Largest decline over 1 year	-46.77%	-32.13%	-14.64%
Max Drawdown (3Y) Largest decline over 3 years	-73.03%	-69.32%	-3.71%
Max Drawdown (5Y) Largest decline over 5 years	-73.03%	-84.65%	+11.62%
Max Drawdown (10Y) Largest decline over 10 years	-73.03%	-84.65%	+11.62%
Current Drawdown Current decline from peak	-31.62%	-51.34%	+19.72%
Average Drawdown Average peak-to-trough decline	-27.78%	-26.76%	-1.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.35%	13.22%	+10.13%

Volatility

ILU.AX vs. UMI.BR - Volatility Comparison

The current volatility for Iluka Resources Limited (ILU.AX) is 10.89%, while Umicore SA (UMI.BR) has a volatility of 18.97%. This indicates that ILU.AX experiences smaller price fluctuations and is considered to be less risky than UMI.BR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ILU.AX	UMI.BR	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.89%	18.97%	-8.08%
Volatility (6M) Calculated over the trailing 6-month period	38.59%	34.69%	+3.90%
Volatility (1Y) Calculated over the trailing 1-year period	61.40%	48.55%	+12.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.75%	37.99%	+5.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.94%	35.59%	+4.35%

Dividends

ILU.AX vs. UMI.BR - Dividend Comparison

ILU.AX's dividend yield for the trailing twelve months is around 0.63%, less than UMI.BR's 2.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ILU.AX Iluka Resources Limited	0.63%	1.04%	1.58%	3.48%	3.88%	1.45%	1.29%	5.33%	9.48%	1.22%	6.24%	6.40%
UMI.BR Umicore SA	2.05%	1.40%	8.04%	3.21%	2.33%	2.10%	0.64%	1.79%	2.08%	1.30%	2.40%	2.59%

Financials

Frequently Asked Questions

Can I hold both ILU.AX and UMI.BR in my portfolio?

ILU.AX and UMI.BR have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.