IPX.L vs. LIO.L
IPX.L (Impax Asset Management Group plc) and LIO.L (Liontrust Asset Management) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past 10 years, IPX.L returned 12.14%/yr vs 8.21%/yr for LIO.L. At a 0.18 correlation, their price movements are largely independent.
Performance
IPX.L vs. LIO.L - Performance Comparison
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Returns By Period
In the year-to-date period, IPX.L achieves a -29.71% return, which is significantly lower than LIO.L's 16.95% return. Over the past 10 years, IPX.L has outperformed LIO.L with an annualized return of 12.14%, while LIO.L has yielded a comparatively lower 8.21% annualized return.
IPX.L
- 1D
- 2.94%
- 1M
- 3.58%
- YTD
- -29.71%
- 6M
- -27.81%
- 1Y
- -43.43%
- 3Y*
- -40.97%
- 5Y*
- -33.99%
- 10Y*
- 12.14%
LIO.L
- 1D
- 1.64%
- 1M
- 23.46%
- YTD
- 16.95%
- 6M
- 21.76%
- 1Y
- -7.03%
- 3Y*
- -16.87%
- 5Y*
- -19.70%
- 10Y*
- 8.21%
IPX.L vs. LIO.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IPX.L Impax Asset Management Group plc | -29.71% | -29.43% | -52.49% | -21.30% | -49.68% | 113.29% | 82.14% | 91.88% | 23.13% | 171.77% |
LIO.L Liontrust Asset Management | 16.95% | -34.62% | -14.25% | -37.55% | -45.27% | 74.21% | 21.37% | 95.83% | 23.19% | 32.23% |
Correlation
The correlation between IPX.L and LIO.L is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Jul 22, 1999 | 0.18 |
Over the past year, IPX.L and LIO.L have become more correlated (0.38) than their long-term average of 0.18, meaning their price movements have been converging.
Fundamentals
IPX.L:
£124.54M
LIO.L:
£194.89M
IPX.L:
£0.35
LIO.L:
£0.43
IPX.L:
2.89
LIO.L:
7.16
IPX.L:
0.44
LIO.L:
0.59
IPX.L:
1.17
LIO.L:
1.74
IPX.L:
£287.01M
LIO.L:
£332.67M
IPX.L:
£225.50M
LIO.L:
£168.56M
IPX.L:
£72.26M
LIO.L:
£68.22M
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Return for Risk
IPX.L vs. LIO.L — Risk / Return Rank
IPX.L
LIO.L
IPX.L vs. LIO.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Impax Asset Management Group plc (IPX.L) and Liontrust Asset Management (LIO.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.
| IPX.L | LIO.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.82 | ||
| Sortino ratioReturn per unit of downside risk | -1.31 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 1.00 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.82 | -0.18 | -0.64 |
| Martin ratioReturn relative to average drawdown | -1.61 | -0.27 | -1.34 |
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
| IPX.L | LIO.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.00 | -0.18 | -0.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.71 | -0.48 | -0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.26 | 0.20 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.19 | -0.07 |
Drawdowns
IPX.L vs. LIO.L - Drawdown Comparison
The maximum IPX.L drawdown since its inception was -93.18%, which is greater than LIO.L's maximum drawdown of -85.10%. Use the drawdown chart below to compare losses from any high point for IPX.L and LIO.L.
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Drawdown Indicators
| IPX.L | LIO.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.18% | -85.10% | -8.08% |
Max Drawdown (1Y)Largest decline over 1 year | -52.68% | -39.01% | -13.67% |
Max Drawdown (3Y)Largest decline over 3 years | -81.50% | -63.98% | -17.52% |
Max Drawdown (5Y)Largest decline over 5 years | -91.40% | -85.06% | -6.34% |
Max Drawdown (10Y)Largest decline over 10 years | -91.40% | -85.06% | -6.34% |
Current DrawdownCurrent decline from peak | -90.73% | -79.96% | -10.77% |
Average DrawdownAverage peak-to-trough decline | -40.62% | -36.05% | -4.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.93% | 25.57% | +1.36% |
Volatility
IPX.L vs. LIO.L - Volatility Comparison
Impax Asset Management Group plc (IPX.L) has a higher volatility of 10.59% compared to Liontrust Asset Management (LIO.L) at 8.56%. This indicates that IPX.L's price experiences larger fluctuations and is considered to be riskier than LIO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IPX.L | LIO.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.59% | 8.56% | +2.03% |
Volatility (6M)Calculated over the trailing 6-month period | 37.91% | 27.20% | +10.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.18% | 38.10% | +5.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.91% | 41.04% | +6.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.37% | 40.46% | +6.91% |
Dividends
IPX.L vs. LIO.L - Dividend Comparison
IPX.L's dividend yield for the trailing twelve months is around 11.83%, less than LIO.L's 18.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPX.L Impax Asset Management Group plc | 11.83% | 17.70% | 11.17% | 5.02% | 3.00% | 0.71% | 0.83% | 1.16% | 2.86% | 1.33% | 3.36% | 3.60% |
LIO.L Liontrust Asset Management | 18.36% | 21.47% | 15.13% | 11.43% | 6.43% | 2.64% | 2.69% | 2.64% | 3.95% | 3.27% | 3.39% | 3.22% |
Financials
IPX.L vs. LIO.L - Financials Comparison
This section allows you to compare key financial metrics between Impax Asset Management Group plc and Liontrust Asset Management. 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
IPX.L vs. LIO.L - Profitability Comparison
IPX.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Impax Asset Management Group plc reported a gross profit of 54.42M and revenue of 59.67M. Therefore, the gross margin over that period was 91.2%.
LIO.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Liontrust Asset Management reported a gross profit of 0.00 and revenue of 69.45M. Therefore, the gross margin over that period was 0.0%.
IPX.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Impax Asset Management Group plc reported an operating income of 8.12M and revenue of 59.67M, resulting in an operating margin of 13.6%.
LIO.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Liontrust Asset Management reported an operating income of 10.41M and revenue of 69.45M, resulting in an operating margin of 15.0%.
IPX.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Impax Asset Management Group plc reported a net income of 5.42M and revenue of 59.67M, resulting in a net margin of 9.1%.
LIO.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Liontrust Asset Management reported a net income of 4.70M and revenue of 69.45M, resulting in a net margin of 6.8%.
Frequently Asked Questions
IPX.L and LIO.L have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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