IMPUY vs. SBSW
IMPUY (Impala Platinum Holdings Limited ADR) and SBSW (Sibanye Stillwater Limited) are both stocks. Both are in the Basic Materials sector — IMPUY in Other Precious Metals & Mining, SBSW in Gold. Over the past 10 years, IMPUY returned 17.11%/yr vs -0.37%/yr for SBSW. A 0.60 correlation means they provide meaningful diversification when combined.
Performance
IMPUY vs. SBSW - Performance Comparison
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Returns By Period
In the year-to-date period, IMPUY achieves a -27.75% return, which is significantly higher than SBSW's -35.01% return. Over the past 10 years, IMPUY has outperformed SBSW with an annualized return of 17.11%, while SBSW has yielded a comparatively lower -0.37% annualized return.
IMPUY
- 1D
- -1.85%
- 1M
- -18.30%
- YTD
- -27.75%
- 6M
- -31.09%
- 1Y
- 32.85%
- 3Y*
- 18.15%
- 5Y*
- -4.47%
- 10Y*
- 17.11%
SBSW
- 1D
- -3.74%
- 1M
- -21.33%
- YTD
- -35.01%
- 6M
- -39.82%
- 1Y
- 31.00%
- 3Y*
- 13.85%
- 5Y*
- -8.37%
- 10Y*
- -0.37%
IMPUY vs. SBSW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IMPUY Impala Platinum Holdings Limited ADR | -27.75% | 236.44% | -4.39% | -58.79% | -4.08% | 10.90% | 42.27% | 307.97% | -3.09% | -17.99% |
SBSW Sibanye Stillwater Limited | -35.01% | 331.82% | -39.23% | -46.54% | -9.57% | -12.44% | 61.55% | 250.88% | -41.72% | -26.00% |
Correlation
The correlation between IMPUY and SBSW is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.60 |
Over the past year, IMPUY and SBSW have become more correlated (0.82) than their long-term average of 0.60, meaning their price movements have been converging.
Fundamentals
IMPUY:
$10.01B
SBSW:
$6.37B
IMPUY:
-ZAR 10.34
SBSW:
-ZAR 17.51
IMPUY:
0.88
SBSW:
0.44
IMPUY:
1.69
SBSW:
2.65
IMPUY:
ZAR 186.32B
SBSW:
ZAR 238.26B
IMPUY:
ZAR 14.03B
SBSW:
ZAR 50.42B
IMPUY:
ZAR 28.96B
SBSW:
ZAR 23.43B
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Return for Risk
IMPUY vs. SBSW — Risk / Return Rank
IMPUY
SBSW
IMPUY vs. SBSW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Impala Platinum Holdings Limited ADR (IMPUY) and Sibanye Stillwater Limited (SBSW). 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.
| IMPUY | SBSW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.13 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.62 | 0.55 | +0.06 |
| Martin ratioReturn relative to average drawdown | 1.42 | 1.24 | +0.17 |
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Drawdowns
IMPUY vs. SBSW - Drawdown Comparison
The maximum IMPUY drawdown since its inception was -82.06%, smaller than the maximum SBSW drawdown of -89.24%. Use the drawdown chart below to compare losses from any high point for IMPUY and SBSW.
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Drawdown Indicators
| IMPUY | SBSW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.06% | -89.24% | +7.18% |
Max Drawdown (1Y)Largest decline over 1 year | -53.35% | -56.15% | +2.80% |
Max Drawdown (3Y)Largest decline over 3 years | -58.68% | -58.18% | -0.50% |
Max Drawdown (5Y)Largest decline over 5 years | -81.49% | -82.53% | +1.04% |
Max Drawdown (10Y)Largest decline over 10 years | -82.06% | -89.24% | +7.18% |
Current DrawdownCurrent decline from peak | -51.57% | -56.15% | +4.58% |
Average DrawdownAverage peak-to-trough decline | -38.53% | -48.22% | +9.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.23% | 24.99% | -1.76% |
Volatility
IMPUY vs. SBSW - Volatility Comparison
Impala Platinum Holdings Limited ADR (IMPUY) has a higher volatility of 25.39% compared to Sibanye Stillwater Limited (SBSW) at 20.96%. This indicates that IMPUY's price experiences larger fluctuations and is considered to be riskier than SBSW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IMPUY | SBSW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.39% | 20.96% | +4.43% |
Volatility (6M)Calculated over the trailing 6-month period | 60.19% | 53.12% | +7.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 72.06% | 68.66% | +3.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.78% | 60.07% | +1.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.22% | 64.16% | -1.94% |
Dividends
IMPUY vs. SBSW - Dividend Comparison
IMPUY's dividend yield for the trailing twelve months is around 3.02%, less than SBSW's 3.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IMPUY Impala Platinum Holdings Limited ADR | 3.02% | 0.60% | 0.00% | 6.42% | 7.65% | 9.50% | 2.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SBSW Sibanye Stillwater Limited | 3.65% | 0.00% | 0.00% | 6.98% | 7.68% | 13.34% | 0.75% | 0.00% | 0.00% | 2.68% | 5.12% | 3.05% |
Financials
IMPUY vs. SBSW - Financials Comparison
This section allows you to compare key financial metrics between Impala Platinum Holdings Limited ADR and Sibanye Stillwater 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.
Total Revenue: Total amount of money received from sales and other business activities
IMPUY vs. SBSW - Profitability Comparison
IMPUY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Impala Platinum Holdings Limited ADR reported a gross profit of 12.80B and revenue of 57.89B. Therefore, the gross margin over that period was 22.1%.
SBSW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sibanye Stillwater Limited reported a gross profit of 18.20B and revenue of 71.36B. Therefore, the gross margin over that period was 25.5%.
IMPUY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Impala Platinum Holdings Limited ADR reported an operating income of 12.79B and revenue of 57.89B, resulting in an operating margin of 22.1%.
SBSW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sibanye Stillwater Limited reported an operating income of 13.77B and revenue of 71.36B, resulting in an operating margin of 19.3%.
IMPUY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Impala Platinum Holdings Limited ADR reported a net income of 8.87B and revenue of 57.89B, resulting in a net margin of 15.3%.
SBSW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sibanye Stillwater Limited reported a net income of -1.51B and revenue of 71.36B, resulting in a net margin of -2.1%.
Frequently Asked Questions
IMPUY and SBSW have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IMPUY has higher volatility (25.39%) compared to SBSW (20.96%). In terms of maximum drawdown, IMPUY dropped -82.06% vs SBSW's -89.24%.
IMPUY currently has the higher Sharpe Ratio (0.46 vs 0.45), 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.
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