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KCN.AX vs. LTR.AX
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

KCN.AX vs. LTR.AX

Last updated Jun 4, 2026

KCN.AX (Kingsgate Consolidated Limited) and LTR.AX (Liontown Resources Limited) are both stocks. Both are in the Basic Materials sector — KCN.AX in Gold, LTR.AX in Other Industrial Metals & Mining. Over the past 10 years, KCN.AX returned 29.74%/yr vs 59.01%/yr for LTR.AX. At a 0.09 correlation, their price movements are largely independent.

Performance

KCN.AX vs. LTR.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Kingsgate Consolidated Limited (KCN.AX) and Liontown Resources Limited (LTR.AX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, KCN.AX achieves a -1.59% return, which is significantly lower than LTR.AX's 53.65% return. Over the past 10 years, KCN.AX has underperformed LTR.AX with an annualized return of 29.74%, while LTR.AX has yielded a comparatively higher 59.01% annualized return.

KCN.AX

1D
-9.02%
1M
-10.80%
YTD
-1.59%
6M
16.89%
1Y
160.12%
3Y*
62.55%
5Y*
44.48%
10Y*
29.74%

LTR.AX

1D
-3.20%
1M
0.00%
YTD
53.65%
6M
80.60%
1Y
320.87%
3Y*
-4.29%
5Y*
32.13%
10Y*
59.01%
*Multi-year figures are annualized to reflect compound growth (CAGR)

KCN.AX vs. LTR.AX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
KCN.AX
Kingsgate Consolidated Limited		-1.59%338.13%-6.55%-20.29%-11.08%112.02%117.86%162.50%-60.00%40.35%
LTR.AX
Liontown Resources Limited		53.65%200.00%-68.18%25.00%-20.48%403.79%290.87%264.94%-44.97%159.51%

Correlation

The correlation between KCN.AX and LTR.AX is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.25

Correlation (3Y)
Calculated over the trailing 3-year period

0.19

Correlation (5Y)
Calculated over the trailing 5-year period

0.20

Correlation (10Y)
Calculated over the trailing 10-year period

0.12

Correlation (All Time)
Calculated using the full available price history since Dec 27, 2006

0.09

The correlation between KCN.AX and LTR.AX shifts across timeframes, from 0.09 (all time) to 0.25 (1 year), reflecting how their relationship changes across market environments.

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Kingsgate Consolidated Limited

Liontown Resources Limited

Often compared with KCN.AX:
KCN.AX vs. LAR.TOKCN.AX vs. SGOLKCN.AX vs. TKO.TOKCN.AX vs. III.TOKCN.AX vs. WGX.AXKCN.AX vs. AII.TOKCN.AX vs. ALB
Often compared with LTR.AX:
LTR.AX vs. WC8.AXLTR.AX vs. LAR.TOLTR.AX vs. WGX.AXLTR.AX vs. III.TOLTR.AX vs. AII.TOLTR.AX vs. ALBLTR.AX vs. TKO.TO

Return for Risk

KCN.AX vs. LTR.AX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
KCN.AX
KCN.AX Risk / Return Rank: 8787
Overall Rank
KCN.AX Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
KCN.AX Sortino Ratio Rank: 8484
Sortino Ratio Rank
KCN.AX Omega Ratio Rank: 8585
Omega Ratio Rank
KCN.AX Calmar Ratio Rank: 8686
Calmar Ratio Rank
KCN.AX Martin Ratio Rank: 9090
Martin Ratio Rank
LTR.AX
LTR.AX Risk / Return Rank: 9595
Overall Rank
LTR.AX Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
LTR.AX Sortino Ratio Rank: 9292
Sortino Ratio Rank
LTR.AX Omega Ratio Rank: 9090
Omega Ratio Rank
LTR.AX Calmar Ratio Rank: 9797
Calmar Ratio Rank
LTR.AX Martin Ratio Rank: 9696
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KCN.AX vs. LTR.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kingsgate Consolidated Limited (KCN.AX) and Liontown Resources Limited (LTR.AX). 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.

KCN.AXLTR.AXDifference
Sharpe ratioReturn per unit of total volatility
2.36
3.95

-1.59

Sortino ratioReturn per unit of downside risk
2.62
3.60

-0.98

Omega ratioGain probability vs. loss probability

1.35

1.43

-0.08

Calmar ratioReturn relative to maximum drawdown

3.67

9.13

-5.47

Martin ratioReturn relative to average drawdown

12.46

22.75

-10.29

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KCN.AX vs. LTR.AX - Sharpe Ratio Comparison

The current KCN.AX Sharpe Ratio is 2.36, which is lower than the LTR.AX Sharpe Ratio of 3.95. The chart below compares the historical Sharpe Ratios of KCN.AX and LTR.AX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

KCN.AXLTR.AXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.36

3.95

-1.59

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.69

0.40

+0.29

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.47

0.58

-0.11

Sharpe Ratio (All Time)

Calculated using the full available price history

0.14

0.14

0.00

Drawdowns

KCN.AX vs. LTR.AX - Drawdown Comparison

The maximum KCN.AX drawdown since its inception was -98.66%, roughly equal to the maximum LTR.AX drawdown of -98.56%. Use the drawdown chart below to compare losses from any high point for KCN.AX and LTR.AX.

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Drawdown Indicators

KCN.AXLTR.AXDifference

Max Drawdown

Largest peak-to-trough decline

-98.66%

-98.56%

-0.10%

Max Drawdown (1Y)

Largest decline over 1 year

-43.14%

-34.62%

-8.52%

Max Drawdown (3Y)

Largest decline over 3 years

-43.14%

-86.19%

+43.05%

Max Drawdown (5Y)

Largest decline over 5 years

-53.93%

-86.19%

+32.26%

Max Drawdown (10Y)

Largest decline over 10 years

-70.71%

-86.19%

+15.48%

Current Drawdown

Current decline from peak

-48.71%

-23.17%

-25.54%

Average Drawdown

Average peak-to-trough decline

-56.18%

-67.70%

+11.52%

Ulcer Index

Depth and duration of drawdowns from previous peaks

12.74%

13.95%

-1.21%

Volatility

KCN.AX vs. LTR.AX - Volatility Comparison

Kingsgate Consolidated Limited (KCN.AX) has a higher volatility of 24.01% compared to Liontown Resources Limited (LTR.AX) at 15.60%. This indicates that KCN.AX's price experiences larger fluctuations and is considered to be riskier than LTR.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

KCN.AXLTR.AXDifference

Volatility (1M)

Calculated over the trailing 1-month period

24.01%

15.60%

+8.41%

Volatility (6M)

Calculated over the trailing 6-month period

53.48%

52.27%

+1.21%

Volatility (1Y)

Calculated over the trailing 1-year period

67.01%

80.02%

-13.01%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

63.90%

79.72%

-15.82%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

63.08%

101.88%

-38.80%

Dividends

KCN.AX vs. LTR.AX - Dividend Comparison

KCN.AX's dividend yield for the trailing twelve months is around 1.83%, while LTR.AX has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018
KCN.AX
Kingsgate Consolidated Limited		1.83%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
LTR.AX
Liontown Resources Limited		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.04%

Financials

KCN.AX vs. LTR.AX - Financials Comparison

This section allows you to compare key financial metrics between Kingsgate Consolidated Limited and Liontown Resources 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.

Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities

Values in AUD except per share items

Frequently Asked Questions

KCN.AX and LTR.AX have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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