LGEN.L vs. RIO
LGEN.L (Legal & General Group plc) and RIO (Rio Tinto Group) are both stocks. LGEN.L operates in Asset Management (Financial Services), while RIO operates in Other Industrial Metals & Mining (Basic Materials). Over the past 10 years, LGEN.L returned 9.70%/yr vs 22.53%/yr for RIO. At a 0.28 correlation, their price movements are largely independent.
Performance
LGEN.L vs. RIO - Performance Comparison
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Different Trading Currencies
LGEN.L is traded in GBp, while RIO is traded in USD. To make them comparable, the RIO values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, LGEN.L achieves a 9.56% return, which is significantly lower than RIO's 30.63% return. Over the past 10 years, LGEN.L has underperformed RIO with an annualized return of 9.70%, while RIO has yielded a comparatively higher 22.53% annualized return.
LGEN.L
- 1D
- 0.37%
- 1M
- 7.50%
- YTD
- 9.56%
- 6M
- 15.01%
- 1Y
- 14.74%
- 3Y*
- 13.55%
- 5Y*
- 8.11%
- 10Y*
- 9.70%
RIO
- 1D
- 0.00%
- 1M
- -2.35%
- YTD
- 30.63%
- 6M
- 41.56%
- 1Y
- 82.11%
- 3Y*
- 20.93%
- 5Y*
- 12.15%
- 10Y*
- 22.53%
LGEN.L vs. RIO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LGEN.L Legal & General Group plc | 9.56% | 24.31% | -0.17% | 9.34% | -10.20% | 19.04% | -4.25% | 39.75% | -10.39% | 16.77% |
RIO Rio Tinto Group | 30.90% | 34.17% | -13.88% | 5.51% | 32.56% | -2.76% | 32.22% | 28.11% | 2.83% | 32.35% |
Correlation
The correlation between LGEN.L and RIO is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2007 | 0.28 |
The correlation between LGEN.L and RIO shifts across timeframes, from 0.17 (1 year) to 0.28 (all time), reflecting how their relationship changes across market environments.
Fundamentals
LGEN.L:
£16.20B
RIO:
$165.37B
LGEN.L:
£0.09
RIO:
$13.11
LGEN.L:
29.56
RIO:
7.70
LGEN.L:
0.24
RIO:
1.48
LGEN.L:
9.06
RIO:
2.66
LGEN.L:
£66.62B
RIO:
$111.41B
LGEN.L:
£44.74B
RIO:
$31.10B
LGEN.L:
£2.02B
RIO:
$40.42B
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Return for Risk
LGEN.L vs. RIO — Risk / Return Rank
LGEN.L
RIO
LGEN.L vs. RIO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Legal & General Group plc (LGEN.L) and Rio Tinto Group (RIO). 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.
| LGEN.L | RIO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.40 | ||
| Sortino ratioReturn per unit of downside risk | -2.68 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.48 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 1.04 | 5.97 | -4.94 |
| Martin ratioReturn relative to average drawdown | 2.84 | 24.05 | -21.21 |
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
| LGEN.L | RIO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.71 | 3.11 | -2.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.46 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | 0.79 | -0.47 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.25 | +0.04 |
Drawdowns
LGEN.L vs. RIO - Drawdown Comparison
The maximum LGEN.L drawdown since its inception was -84.94%, roughly equal to the maximum RIO drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for LGEN.L and RIO.
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Drawdown Indicators
| LGEN.L | RIO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.94% | -85.30% | +0.36% |
Max Drawdown (1Y)Largest decline over 1 year | -14.17% | -13.82% | -0.35% |
Max Drawdown (3Y)Largest decline over 3 years | -15.59% | -24.61% | +9.02% |
Max Drawdown (5Y)Largest decline over 5 years | -29.00% | -27.80% | -1.20% |
Max Drawdown (10Y)Largest decline over 10 years | -56.47% | -33.21% | -23.26% |
Current DrawdownCurrent decline from peak | -0.73% | -8.97% | +8.24% |
Average DrawdownAverage peak-to-trough decline | -14.02% | -25.08% | +11.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.17% | 3.42% | +1.75% |
Volatility
LGEN.L vs. RIO - Volatility Comparison
The current volatility for Legal & General Group plc (LGEN.L) is 7.44%, while Rio Tinto Group (RIO) has a volatility of 10.53%. This indicates that LGEN.L experiences smaller price fluctuations and is considered to be less risky than RIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LGEN.L | RIO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.44% | 10.53% | -3.09% |
Volatility (6M)Calculated over the trailing 6-month period | 17.27% | 21.75% | -4.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.62% | 26.56% | -5.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.16% | 26.41% | -2.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.63% | 28.76% | +1.87% |
Dividends
LGEN.L vs. RIO - Dividend Comparison
LGEN.L's dividend yield for the trailing twelve months is around 8.06%, more than RIO's 3.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LGEN.L Legal & General Group plc | 8.06% | 8.20% | 8.98% | 7.82% | 7.50% | 5.99% | 6.60% | 5.53% | 6.77% | 5.36% | 5.63% | 4.41% |
RIO Rio Tinto Group | 3.98% | 4.66% | 7.40% | 5.40% | 10.48% | 10.23% | 5.13% | 7.68% | 6.32% | 4.47% | 3.93% | 7.58% |
Financials
LGEN.L vs. RIO - Financials Comparison
This section allows you to compare key financial metrics between Legal & General Group plc and Rio Tinto Group. 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
LGEN.L vs. RIO - Profitability Comparison
LGEN.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Legal & General Group plc reported a gross profit of 38.39B and revenue of 38.39B. Therefore, the gross margin over that period was 100.0%.
RIO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Rio Tinto Group reported a gross profit of 8.15B and revenue of 30.65B. Therefore, the gross margin over that period was 26.6%.
LGEN.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Legal & General Group plc reported an operating income of 348.00M and revenue of 38.39B, resulting in an operating margin of 0.9%.
RIO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Rio Tinto Group reported an operating income of 8.15B and revenue of 30.65B, resulting in an operating margin of 26.6%.
LGEN.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Legal & General Group plc reported a net income of 215.00M and revenue of 38.39B, resulting in a net margin of 0.6%.
RIO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Rio Tinto Group reported a net income of 5.42B and revenue of 30.65B, resulting in a net margin of 17.7%.
Frequently Asked Questions
LGEN.L and RIO have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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