JET2.L vs. IAG
JET2.L (Jet2 plc) and IAG (IAMGOLD Corporation) are both stocks. JET2.L operates in Travel Services (Consumer Cyclical), while IAG operates in Gold (Basic Materials). Over the past 10 years, JET2.L returned 7.98%/yr vs 17.22%/yr for IAG. At a 0.01 correlation, their price movements are largely independent.
Performance
JET2.L vs. IAG - Performance Comparison
Loading charts...
Different Trading Currencies
JET2.L is traded in GBp, while IAG is traded in USD. To make them comparable, the IAG values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, JET2.L achieves a -9.90% return, which is significantly lower than IAG's 4.67% return. Over the past 10 years, JET2.L has underperformed IAG with an annualized return of 7.98%, while IAG has yielded a comparatively higher 17.22% annualized return.
JET2.L
- 1D
- 2.02%
- 1M
- 12.99%
- YTD
- -9.90%
- 6M
- -6.02%
- 1Y
- -32.99%
- 3Y*
- 0.82%
- 5Y*
- 0.06%
- 10Y*
- 7.98%
IAG
- 1D
- 2.14%
- 1M
- 6.36%
- YTD
- 4.67%
- 6M
- 12.60%
- 1Y
- 133.60%
- 3Y*
- 75.83%
- 5Y*
- 37.43%
- 10Y*
- 17.22%
JET2.L vs. IAG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JET2.L Jet2 plc | -9.90% | -10.29% | 27.71% | 31.67% | -13.78% | -22.03% | -15.58% | 121.89% | 14.57% | 38.92% |
IAG IAMGOLD Corporation | 4.67% | 196.81% | 107.52% | -6.84% | -7.77% | -13.91% | -4.50% | -2.50% | -33.14% | 38.33% |
Correlation
The correlation between JET2.L and IAG is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Jul 3, 2007 | 0.01 |
The correlation between JET2.L and IAG shifts across timeframes, from 0.01 (all time) to 0.18 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
JET2.L:
£2.59B
IAG:
$10.21B
JET2.L:
£4.63
IAG:
$1.73
JET2.L:
2.73
IAG:
9.94
JET2.L:
0.10
IAG:
0.06
JET2.L:
0.18
IAG:
2.93
JET2.L:
1.26
IAG:
2.36
JET2.L:
£14.36B
IAG:
$3.42B
JET2.L:
£1.99B
IAG:
$1.64B
JET2.L:
£1.75B
IAG:
$1.97B
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
JET2.L vs. IAG — Risk / Return Rank
JET2.L
IAG
JET2.L vs. IAG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Jet2 plc (JET2.L) and IAMGOLD Corporation (IAG). 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.
| JET2.L | IAG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.29 | ||
| Sortino ratioReturn per unit of downside risk | -3.92 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.35 | -0.51 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | 3.96 | -4.69 |
| Martin ratioReturn relative to average drawdown | -1.09 | 9.25 | -10.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| JET2.L | IAG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.98 | 2.30 | -3.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.00 | 0.65 | -0.65 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.15 | 0.30 | -0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.12 | +0.26 |
Drawdowns
JET2.L vs. IAG - Drawdown Comparison
The maximum JET2.L drawdown since its inception was -91.80%, roughly equal to the maximum IAG drawdown of -94.35%. Use the drawdown chart below to compare losses from any high point for JET2.L and IAG.
Loading charts...
Drawdown Indicators
| JET2.L | IAG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.80% | -94.35% | +2.55% |
Max Drawdown (1Y)Largest decline over 1 year | -45.38% | -33.91% | -11.47% |
Max Drawdown (3Y)Largest decline over 3 years | -45.38% | -33.91% | -11.47% |
Max Drawdown (5Y)Largest decline over 5 years | -53.07% | -67.94% | +14.87% |
Max Drawdown (10Y)Largest decline over 10 years | -84.26% | -83.48% | -0.78% |
Current DrawdownCurrent decline from peak | -34.40% | -29.70% | -4.70% |
Average DrawdownAverage peak-to-trough decline | -27.01% | -60.62% | +33.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.33% | 14.50% | +15.83% |
Volatility
JET2.L vs. IAG - Volatility Comparison
The current volatility for Jet2 plc (JET2.L) is 8.37%, while IAMGOLD Corporation (IAG) has a volatility of 18.85%. This indicates that JET2.L experiences smaller price fluctuations and is considered to be less risky than IAG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JET2.L | IAG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.37% | 18.85% | -10.48% |
Volatility (6M)Calculated over the trailing 6-month period | 23.23% | 45.15% | -21.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.44% | 58.37% | -24.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.27% | 57.78% | -19.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.68% | 56.98% | -2.30% |
Dividends
JET2.L vs. IAG - Dividend Comparison
JET2.L's dividend yield for the trailing twelve months is around 1.32%, while IAG has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IAG IAMGOLD Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JET2.L Jet2 plc | 1.32% | 1.18% | 0.68% | 0.96% | 0.31% | 0.00% | 0.00% | 0.61% | 1.14% | 1.00% | 0.62% | 0.66% |
Financials
JET2.L vs. IAG - Financials Comparison
This section allows you to compare key financial metrics between Jet2 plc and IAMGOLD Corporation. 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
JET2.L vs. IAG - Profitability Comparison
JET2.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Jet2 plc reported a gross profit of 911.80M and revenue of 5.34B. Therefore, the gross margin over that period was 17.1%.
IAG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, IAMGOLD Corporation reported a gross profit of 570.70M and revenue of 1.03B. Therefore, the gross margin over that period was 55.4%.
JET2.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Jet2 plc reported an operating income of 715.20M and revenue of 5.34B, resulting in an operating margin of 13.4%.
IAG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, IAMGOLD Corporation reported an operating income of 544.70M and revenue of 1.03B, resulting in an operating margin of 52.9%.
JET2.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Jet2 plc reported a net income of 600.20M and revenue of 5.34B, resulting in a net margin of 11.2%.
IAG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, IAMGOLD Corporation reported a net income of 379.70M and revenue of 1.03B, resulting in a net margin of 36.9%.
Frequently Asked Questions
JET2.L and IAG have a correlation of 0.18, 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 JET2.L and IAG
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