IMPUF vs. AAF.L
IMPUF (Impala Platinum Holdings Ltd) and AAF.L (Airtel Africa plc) are both stocks. IMPUF operates in Other Precious Metals & Mining (Basic Materials), while AAF.L operates in Telecom Services (Communication Services). Over the past 5 years, IMPUF returned -1.71%/yr vs 35.77%/yr for AAF.L. At a 0.07 correlation, their price movements are largely independent.
Performance
IMPUF vs. AAF.L - Performance Comparison
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Different Trading Currencies
IMPUF is traded in USD, while AAF.L is traded in GBp. To make them comparable, the AAF.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IMPUF achieves a -11.27% return, which is significantly lower than AAF.L's -5.63% return.
IMPUF
- 1D
- -1.10%
- 1M
- -2.86%
- YTD
- -11.27%
- 6M
- 20.64%
- 1Y
- 91.01%
- 3Y*
- 18.89%
- 5Y*
- -1.71%
- 10Y*
- —
AAF.L
- 1D
- 0.15%
- 1M
- -5.87%
- YTD
- -5.63%
- 6M
- 6.03%
- 1Y
- 85.27%
- 3Y*
- 47.51%
- 5Y*
- 35.77%
- 10Y*
- —
IMPUF vs. AAF.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IMPUF Impala Platinum Holdings Ltd | -11.27% | 200.45% | 12.15% | -60.02% | -5.41% | 12.03% | 50.30% | 95.79% |
AAF.L Airtel Africa plc | -5.63% | 242.34% | -11.20% | 26.45% | -23.20% | 79.50% | 1.70% | 26.32% |
Correlation
The correlation between IMPUF and AAF.L is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 2019 | 0.07 |
Fundamentals
IMPUF:
$12.15B
AAF.L:
£12.25B
IMPUF:
-$9.66
AAF.L:
£0.18
IMPUF:
0.06
AAF.L:
1.92
IMPUF:
0.13
AAF.L:
3.89
IMPUF:
$188.26B
AAF.L:
£6.37B
IMPUF:
$17.78B
AAF.L:
£3.93B
IMPUF:
$29.69B
AAF.L:
£2.98B
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Return for Risk
IMPUF vs. AAF.L — Risk / Return Rank
IMPUF
AAF.L
IMPUF vs. AAF.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Impala Platinum Holdings Ltd (IMPUF) and Airtel Africa plc (AAF.L). 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.
| IMPUF | AAF.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.18 | 2.00 | -0.82 |
Sortino ratioReturn per unit of downside risk | 1.95 | 2.67 | -0.71 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.38 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 2.13 | 3.20 | -1.06 |
Martin ratioReturn relative to average drawdown | 4.45 | 12.52 | -8.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IMPUF | AAF.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.18 | 2.00 | -0.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.03 | 0.96 | -0.99 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.64 | -0.21 |
Drawdowns
IMPUF vs. AAF.L - Drawdown Comparison
The maximum IMPUF drawdown since its inception was -80.80%, which is greater than AAF.L's maximum drawdown of -70.18%. Use the drawdown chart below to compare losses from any high point for IMPUF and AAF.L.
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Drawdown Indicators
| IMPUF | AAF.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.80% | -70.18% | -10.62% |
Max Drawdown (1Y)Largest decline over 1 year | -42.87% | -26.52% | -16.35% |
Max Drawdown (3Y)Largest decline over 3 years | -59.31% | -31.22% | -28.09% |
Max Drawdown (5Y)Largest decline over 5 years | -79.84% | -43.66% | -36.18% |
Current DrawdownCurrent decline from peak | -39.20% | -21.12% | -18.08% |
Average DrawdownAverage peak-to-trough decline | -41.79% | -18.96% | -22.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.51% | 6.76% | +13.75% |
Volatility
IMPUF vs. AAF.L - Volatility Comparison
The current volatility for Impala Platinum Holdings Ltd (IMPUF) is 17.55%, while Airtel Africa plc (AAF.L) has a volatility of 26.11%. This indicates that IMPUF experiences smaller price fluctuations and is considered to be less risky than AAF.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IMPUF | AAF.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.55% | 26.11% | -8.56% |
Volatility (6M)Calculated over the trailing 6-month period | 61.16% | 34.19% | +26.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 77.74% | 42.52% | +35.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.06% | 37.25% | +26.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 107.33% | 48.35% | +58.98% |
Dividends
IMPUF vs. AAF.L - Dividend Comparison
IMPUF's dividend yield for the trailing twelve months is around 1.78%, more than AAF.L's 1.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
AAF.L Airtel Africa plc | 1.13% | 1.07% | 3.31% | 2.76% | 3.21% | 1.80% | 3.71% | 2.26% |
IMPUF Impala Platinum Holdings Ltd | 1.78% | 0.00% | 0.00% | 6.80% | 7.85% | 10.80% | 1.75% | 0.00% |
Financials
IMPUF vs. AAF.L - Financials Comparison
This section allows you to compare key financial metrics between Impala Platinum Holdings Ltd and Airtel Africa plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
IMPUF vs. AAF.L - Profitability Comparison
IMPUF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Impala Platinum Holdings Ltd reported a gross profit of 13.35B and revenue of 60.36B. Therefore, the gross margin over that period was 22.1%.
AAF.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Airtel Africa plc reported a gross profit of 880.79M and revenue of 1.71B. Therefore, the gross margin over that period was 51.5%.
IMPUF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Impala Platinum Holdings Ltd reported an operating income of 13.33B and revenue of 60.36B, resulting in an operating margin of 22.1%.
AAF.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Airtel Africa plc reported an operating income of 578.39M and revenue of 1.71B, resulting in an operating margin of 33.8%.
IMPUF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Impala Platinum Holdings Ltd reported a net income of 9.25B and revenue of 60.36B, resulting in a net margin of 15.3%.
AAF.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Airtel Africa plc reported a net income of 194.75M and revenue of 1.71B, resulting in a net margin of 11.4%.
Frequently Asked Questions
IMPUF and AAF.L have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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