KEN vs. VALE
KEN (Kenon Holdings Ltd.) and VALE (Vale S.A.) are both stocks. KEN operates in Utilities - Regulated Electric (Utilities), while VALE operates in Other Industrial Metals & Mining (Basic Materials). Over the past 10 years, KEN returned 42.04%/yr vs 20.98%/yr for VALE. At a 0.14 correlation, their price movements are largely independent.
Performance
KEN vs. VALE - Performance Comparison
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Returns By Period
In the year-to-date period, KEN achieves a 20.71% return, which is significantly higher than VALE's 15.04% return. Over the past 10 years, KEN has outperformed VALE with an annualized return of 42.04%, while VALE has yielded a comparatively lower 20.98% annualized return.
KEN
- 1D
- 1.93%
- 1M
- -13.88%
- YTD
- 20.71%
- 6M
- 30.64%
- 1Y
- 116.81%
- 3Y*
- 61.79%
- 5Y*
- 34.36%
- 10Y*
- 42.04%
VALE
- 1D
- -1.58%
- 1M
- -9.86%
- YTD
- 15.04%
- 6M
- 19.11%
- 1Y
- 66.24%
- 3Y*
- 10.73%
- 5Y*
- 1.65%
- 10Y*
- 20.98%
KEN vs. VALE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KEN Kenon Holdings Ltd. | 20.71% | 126.18% | 62.44% | -19.16% | -23.73% | 93.65% | 57.17% | 50.73% | 23.06% | 85.88% |
VALE Vale S.A. | 15.04% | 60.70% | -38.83% | 1.57% | 32.54% | -1.45% | 32.40% | 2.72% | 12.25% | 68.03% |
Correlation
The correlation between KEN and VALE 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 | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jan 15, 2015 | 0.14 |
Fundamentals
KEN:
$4.06B
VALE:
$64.08B
KEN:
$1.54
VALE:
$0.65
KEN:
49.63
VALE:
22.94
KEN:
4.01
VALE:
1.62
KEN:
2.71
VALE:
1.75
KEN:
$1.01B
VALE:
$39.53B
KEN:
$166.82M
VALE:
$13.65B
KEN:
$339.95M
VALE:
$14.33B
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Return for Risk
KEN vs. VALE — Risk / Return Rank
KEN
VALE
KEN vs. VALE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kenon Holdings Ltd. (KEN) and Vale S.A. (VALE). 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.
| KEN | VALE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.92 | ||
| Sortino ratioReturn per unit of downside risk | +0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.34 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 5.49 | 3.35 | +2.14 |
| Martin ratioReturn relative to average drawdown | 19.50 | 11.56 | +7.94 |
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
| KEN | VALE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.01 | 2.09 | +0.92 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.87 | 0.05 | +0.82 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.01 | 0.52 | +0.49 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.75 | 0.30 | +0.45 |
Drawdowns
KEN vs. VALE - Drawdown Comparison
The maximum KEN drawdown since its inception was -69.20%, smaller than the maximum VALE drawdown of -92.78%. Use the drawdown chart below to compare losses from any high point for KEN and VALE.
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Drawdown Indicators
| KEN | VALE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.20% | -92.78% | +23.58% |
Max Drawdown (1Y)Largest decline over 1 year | -21.39% | -19.85% | -1.54% |
Max Drawdown (3Y)Largest decline over 3 years | -32.27% | -41.94% | +9.67% |
Max Drawdown (5Y)Largest decline over 5 years | -69.20% | -49.79% | -19.41% |
Max Drawdown (10Y)Largest decline over 10 years | -69.20% | -57.60% | -11.60% |
Current DrawdownCurrent decline from peak | -19.88% | -15.88% | -4.00% |
Average DrawdownAverage peak-to-trough decline | -23.18% | -36.72% | +13.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.02% | 5.75% | +0.27% |
Volatility
KEN vs. VALE - Volatility Comparison
Kenon Holdings Ltd. (KEN) has a higher volatility of 14.44% compared to Vale S.A. (VALE) at 9.08%. This indicates that KEN's price experiences larger fluctuations and is considered to be riskier than VALE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KEN | VALE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.44% | 9.08% | +5.36% |
Volatility (6M)Calculated over the trailing 6-month period | 29.95% | 26.61% | +3.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.14% | 31.92% | +7.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.77% | 35.45% | +4.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.90% | 40.87% | +1.03% |
Dividends
KEN vs. VALE - Dividend Comparison
KEN's dividend yield for the trailing twelve months is around 5.03%, more than VALE's 3.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KEN Kenon Holdings Ltd. | 5.03% | 7.24% | 11.18% | 11.46% | 25.00% | 7.35% | 7.41% | 5.75% | 96.34% | 0.00% | 0.00% | 45.52% |
VALE Vale S.A. | 3.83% | 7.29% | 11.41% | 7.75% | 8.63% | 19.70% | 2.72% | 2.63% | 4.16% | 3.77% | 1.06% | 7.48% |
Financials
KEN vs. VALE - Financials Comparison
This section allows you to compare key financial metrics between Kenon Holdings Ltd. and Vale S.A.. 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
KEN vs. VALE - Profitability Comparison
KEN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kenon Holdings Ltd. reported a gross profit of 47.00M and revenue of 317.00M. Therefore, the gross margin over that period was 14.8%.
VALE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Vale S.A. reported a gross profit of 3.06B and revenue of 9.26B. Therefore, the gross margin over that period was 33.0%.
KEN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kenon Holdings Ltd. reported an operating income of 4.00M and revenue of 317.00M, resulting in an operating margin of 1.3%.
VALE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Vale S.A. reported an operating income of 2.67B and revenue of 9.26B, resulting in an operating margin of 28.8%.
KEN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kenon Holdings Ltd. reported a net income of 26.00M and revenue of 317.00M, resulting in a net margin of 8.2%.
VALE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Vale S.A. reported a net income of 1.89B and revenue of 9.26B, resulting in a net margin of 20.5%.
Frequently Asked Questions
KEN and VALE 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.
KEN has higher volatility (14.44%) compared to VALE (9.08%). In terms of maximum drawdown, KEN dropped -69.20% vs VALE's -92.78%.
KEN currently has the higher Sharpe Ratio (3.01 vs 2.09), 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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