IMPUF vs. FRES.L
IMPUF (Impala Platinum Holdings Ltd) and FRES.L (Fresnillo plc) are both stocks. Both operate in the Other Precious Metals & Mining industry within the Basic Materials sector. Over the past 5 years, IMPUF returned -1.71%/yr vs 31.83%/yr for FRES.L. At a 0.14 correlation, their price movements are largely independent.
Performance
IMPUF vs. FRES.L - Performance Comparison
Loading charts...
Different Trading Currencies
IMPUF is traded in USD, while FRES.L is traded in GBp. To make them comparable, the FRES.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 FRES.L's -3.09% return.
IMPUF
- 1D
- -1.10%
- 1M
- -2.86%
- YTD
- -11.27%
- 6M
- 20.64%
- 1Y
- 91.01%
- 3Y*
- 18.89%
- 5Y*
- -1.71%
- 10Y*
- —
FRES.L
- 1D
- -3.97%
- 1M
- -3.70%
- YTD
- -3.09%
- 6M
- 19.71%
- 1Y
- 162.44%
- 3Y*
- 75.86%
- 5Y*
- 31.83%
- 10Y*
- 12.81%
IMPUF vs. FRES.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% | 410.99% |
FRES.L Fresnillo plc | -3.09% | 511.09% | 4.36% | -29.44% | -7.20% | -19.52% | 84.40% | -32.25% |
Correlation
The correlation between IMPUF and FRES.L is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Feb 26, 2019 | 0.14 |
The correlation between IMPUF and FRES.L shifts across timeframes, from 0.14 (all time) to 0.29 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
IMPUF:
$12.15B
FRES.L:
£23.34B
IMPUF:
-$9.66
FRES.L:
£2.08
IMPUF:
0.06
FRES.L:
2.91
IMPUF:
0.13
FRES.L:
5.04
IMPUF:
$188.26B
FRES.L:
£8.03B
IMPUF:
$17.78B
FRES.L:
£3.75B
IMPUF:
$29.69B
FRES.L:
£3.90B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IMPUF vs. FRES.L — Risk / Return Rank
IMPUF
FRES.L
IMPUF vs. FRES.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Impala Platinum Holdings Ltd (IMPUF) and Fresnillo plc (FRES.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 | FRES.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.18 | 2.86 | -1.68 |
Sortino ratioReturn per unit of downside risk | 1.95 | 3.13 | -1.18 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.39 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 2.13 | 4.93 | -2.80 |
Martin ratioReturn relative to average drawdown | 4.45 | 11.57 | -7.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IMPUF | FRES.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.18 | 2.86 | -1.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.03 | 0.70 | -0.73 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.28 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.22 | +0.21 |
Drawdowns
IMPUF vs. FRES.L - Drawdown Comparison
The maximum IMPUF drawdown since its inception was -80.80%, smaller than the maximum FRES.L drawdown of -86.78%. Use the drawdown chart below to compare losses from any high point for IMPUF and FRES.L.
Loading charts...
Drawdown Indicators
| IMPUF | FRES.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.80% | -86.78% | +5.98% |
Max Drawdown (1Y)Largest decline over 1 year | -42.87% | -32.72% | -10.15% |
Max Drawdown (3Y)Largest decline over 3 years | -59.31% | -34.38% | -24.93% |
Max Drawdown (5Y)Largest decline over 5 years | -79.84% | -55.86% | -23.98% |
Max Drawdown (10Y)Largest decline over 10 years | — | -74.96% | — |
Current DrawdownCurrent decline from peak | -39.20% | -28.54% | -10.66% |
Average DrawdownAverage peak-to-trough decline | -41.79% | -45.56% | +3.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.51% | 13.98% | +6.53% |
Volatility
IMPUF vs. FRES.L - Volatility Comparison
The current volatility for Impala Platinum Holdings Ltd (IMPUF) is 17.55%, while Fresnillo plc (FRES.L) has a volatility of 20.68%. This indicates that IMPUF experiences smaller price fluctuations and is considered to be less risky than FRES.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IMPUF | FRES.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.55% | 20.68% | -3.13% |
Volatility (6M)Calculated over the trailing 6-month period | 61.16% | 43.88% | +17.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 77.74% | 56.52% | +21.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.06% | 45.17% | +18.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 107.33% | 45.34% | +61.99% |
Dividends
IMPUF vs. FRES.L - Dividend Comparison
IMPUF's dividend yield for the trailing twelve months is around 1.78%, less than FRES.L's 3.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRES.L Fresnillo plc | 3.00% | 2.00% | 1.35% | 1.98% | 2.44% | 2.66% | 1.00% | 2.35% | 3.49% | 1.74% | 0.74% | 0.47% |
IMPUF Impala Platinum Holdings Ltd | 1.78% | 0.00% | 0.00% | 6.80% | 7.85% | 10.80% | 1.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
IMPUF vs. FRES.L - Financials Comparison
This section allows you to compare key financial metrics between Impala Platinum Holdings Ltd and Fresnillo 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. FRES.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%.
FRES.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fresnillo plc reported a gross profit of 1.50B and revenue of 2.59B. Therefore, the gross margin over that period was 57.7%.
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%.
FRES.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fresnillo plc reported an operating income of 1.39B and revenue of 2.59B, resulting in an operating margin of 53.5%.
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%.
FRES.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fresnillo plc reported a net income of 994.96M and revenue of 2.59B, resulting in a net margin of 38.4%.
Frequently Asked Questions
IMPUF and FRES.L have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for IMPUF and FRES.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer