KRKNF vs. MP
KRKNF (Kraken Robotics Inc) and MP (MP Materials Corp.) are both stocks. KRKNF operates in Scientific & Technical Instruments (Technology), while MP operates in Other Industrial Metals & Mining (Basic Materials). Over the past 5 years, KRKNF returned 61.55%/yr vs 16.72%/yr for MP. At a 0.19 correlation, their price movements are largely independent.
Performance
KRKNF vs. MP - Performance Comparison
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Returns By Period
In the year-to-date period, KRKNF achieves a 20.39% return, which is significantly lower than MP's 35.69% return.
KRKNF
- 1D
- -7.57%
- 1M
- -0.88%
- YTD
- 20.39%
- 6M
- 31.92%
- 1Y
- 216.53%
- 3Y*
- 140.90%
- 5Y*
- 61.55%
- 10Y*
- 41.46%
MP
- 1D
- -5.11%
- 1M
- 3.55%
- YTD
- 35.69%
- 6M
- 16.76%
- 1Y
- 211.59%
- 3Y*
- 45.90%
- 5Y*
- 16.72%
- 10Y*
- —
KRKNF vs. MP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
KRKNF Kraken Robotics Inc | 20.39% | 143.76% | 286.17% | 15.49% | 45.07% | -33.51% | 15.25% |
MP MP Materials Corp. | 35.69% | 223.85% | -21.41% | -18.25% | -46.54% | 41.19% | 221.70% |
Correlation
The correlation between KRKNF and MP is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2020 | 0.19 |
The correlation between KRKNF and MP shifts across timeframes, from 0.15 (3 years) to 0.26 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
KRKNF:
-$0.00
MP:
-$0.53
KRKNF:
15.46
MP:
30.21
KRKNF:
$107.84M
MP:
$305.30M
KRKNF:
$62.71M
MP:
$25.30M
KRKNF:
$12.48M
MP:
$1.52M
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Return for Risk
KRKNF vs. MP — Risk / Return Rank
KRKNF
MP
KRKNF vs. MP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kraken Robotics Inc (KRKNF) and MP Materials Corp. (MP). 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.
| KRKNF | MP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.36 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 6.39 | 3.96 | +2.43 |
| Martin ratioReturn relative to average drawdown | 14.64 | 6.77 | +7.87 |
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
| KRKNF | MP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.01 | 2.27 | +0.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.02 | 0.24 | +0.78 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.53 | -0.03 |
Drawdowns
KRKNF vs. MP - Drawdown Comparison
The maximum KRKNF drawdown since its inception was -72.76%, smaller than the maximum MP drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for KRKNF and MP.
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Drawdown Indicators
| KRKNF | MP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.76% | -81.99% | +9.23% |
Max Drawdown (1Y)Largest decline over 1 year | -34.13% | -53.79% | +19.66% |
Max Drawdown (3Y)Largest decline over 3 years | -34.13% | -59.47% | +25.34% |
Max Drawdown (5Y)Largest decline over 5 years | -59.39% | -81.99% | +22.60% |
Max Drawdown (10Y)Largest decline over 10 years | -72.76% | — | — |
Current DrawdownCurrent decline from peak | -25.66% | -30.51% | +4.85% |
Average DrawdownAverage peak-to-trough decline | -32.20% | -42.63% | +10.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.86% | 31.40% | -16.54% |
Volatility
KRKNF vs. MP - Volatility Comparison
Kraken Robotics Inc (KRKNF) has a higher volatility of 23.33% compared to MP Materials Corp. (MP) at 21.38%. This indicates that KRKNF's price experiences larger fluctuations and is considered to be riskier than MP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KRKNF | MP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.33% | 21.38% | +1.95% |
Volatility (6M)Calculated over the trailing 6-month period | 50.24% | 50.40% | -0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 72.35% | 93.94% | -21.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.72% | 69.57% | -8.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 76.24% | 72.60% | +3.64% |
Dividends
KRKNF vs. MP - Dividend Comparison
Neither KRKNF nor MP has paid dividends to shareholders.
Financials
KRKNF vs. MP - Financials Comparison
This section allows you to compare key financial metrics between Kraken Robotics Inc and MP Materials Corp.. 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
KRKNF vs. MP - Profitability Comparison
KRKNF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kraken Robotics Inc reported a gross profit of 9.38M and revenue of 21.76M. Therefore, the gross margin over that period was 43.1%.
MP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MP Materials Corp. reported a gross profit of 0.00 and revenue of 90.65M. Therefore, the gross margin over that period was 0.0%.
KRKNF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kraken Robotics Inc reported an operating income of -1.19M and revenue of 21.76M, resulting in an operating margin of -5.5%.
MP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MP Materials Corp. reported an operating income of 0.00 and revenue of 90.65M, resulting in an operating margin of 0.0%.
KRKNF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kraken Robotics Inc reported a net income of -3.33M and revenue of 21.76M, resulting in a net margin of -15.3%.
MP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MP Materials Corp. reported a net income of -7.97M and revenue of 90.65M, resulting in a net margin of -8.8%.
Frequently Asked Questions
KRKNF and MP have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KRKNF has higher volatility (23.33%) compared to MP (21.38%). In terms of maximum drawdown, KRKNF dropped -72.76% vs MP's -81.99%.
KRKNF currently has the higher Sharpe Ratio (3.01 vs 2.27), 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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