LIO.L vs. IPX.L
LIO.L (Liontrust Asset Management) and IPX.L (Impax Asset Management Group plc) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past 10 years, LIO.L returned 8.21%/yr vs 12.14%/yr for IPX.L. At a 0.18 correlation, their price movements are largely independent.
Performance
LIO.L vs. IPX.L - Performance Comparison
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Returns By Period
In the year-to-date period, LIO.L achieves a 16.95% return, which is significantly higher than IPX.L's -29.71% return. Over the past 10 years, LIO.L has underperformed IPX.L with an annualized return of 8.21%, while IPX.L has yielded a comparatively higher 12.14% annualized return.
LIO.L
- 1D
- 1.64%
- 1M
- 23.46%
- YTD
- 16.95%
- 6M
- 21.76%
- 1Y
- -7.03%
- 3Y*
- -16.87%
- 5Y*
- -19.70%
- 10Y*
- 8.21%
IPX.L
- 1D
- 2.94%
- 1M
- 3.58%
- YTD
- -29.71%
- 6M
- -27.81%
- 1Y
- -43.43%
- 3Y*
- -40.97%
- 5Y*
- -33.99%
- 10Y*
- 12.14%
LIO.L vs. IPX.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LIO.L Liontrust Asset Management | 16.95% | -34.62% | -14.25% | -37.55% | -45.27% | 74.21% | 21.37% | 95.83% | 23.19% | 32.23% |
IPX.L Impax Asset Management Group plc | -29.71% | -29.43% | -52.49% | -21.30% | -49.68% | 113.29% | 82.14% | 91.88% | 23.13% | 171.77% |
Correlation
The correlation between LIO.L and IPX.L is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Jul 22, 1999 | 0.18 |
Over the past year, LIO.L and IPX.L have become more correlated (0.38) than their long-term average of 0.18, meaning their price movements have been converging.
Fundamentals
LIO.L:
£194.89M
IPX.L:
£124.54M
LIO.L:
£0.43
IPX.L:
£0.35
LIO.L:
7.16
IPX.L:
2.89
LIO.L:
0.59
IPX.L:
0.44
LIO.L:
1.74
IPX.L:
1.17
LIO.L:
£332.67M
IPX.L:
£287.01M
LIO.L:
£168.56M
IPX.L:
£225.50M
LIO.L:
£68.22M
IPX.L:
£72.26M
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Return for Risk
LIO.L vs. IPX.L — Risk / Return Rank
LIO.L
IPX.L
LIO.L vs. IPX.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Liontrust Asset Management (LIO.L) and Impax Asset Management Group plc (IPX.L). 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.
| LIO.L | IPX.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.82 | ||
| Sortino ratioReturn per unit of downside risk | +1.31 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 0.81 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.18 | -0.82 | +0.64 |
| Martin ratioReturn relative to average drawdown | -0.27 | -1.61 | +1.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LIO.L | IPX.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.18 | -1.00 | +0.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.48 | -0.71 | +0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.20 | 0.26 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 0.12 | +0.07 |
Drawdowns
LIO.L vs. IPX.L - Drawdown Comparison
The maximum LIO.L drawdown since its inception was -85.10%, smaller than the maximum IPX.L drawdown of -93.18%. Use the drawdown chart below to compare losses from any high point for LIO.L and IPX.L.
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Drawdown Indicators
| LIO.L | IPX.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.10% | -93.18% | +8.08% |
Max Drawdown (1Y)Largest decline over 1 year | -39.01% | -52.68% | +13.67% |
Max Drawdown (3Y)Largest decline over 3 years | -63.98% | -81.50% | +17.52% |
Max Drawdown (5Y)Largest decline over 5 years | -85.06% | -91.40% | +6.34% |
Max Drawdown (10Y)Largest decline over 10 years | -85.06% | -91.40% | +6.34% |
Current DrawdownCurrent decline from peak | -79.96% | -90.73% | +10.77% |
Average DrawdownAverage peak-to-trough decline | -36.05% | -40.62% | +4.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.57% | 26.93% | -1.36% |
Volatility
LIO.L vs. IPX.L - Volatility Comparison
The current volatility for Liontrust Asset Management (LIO.L) is 8.56%, while Impax Asset Management Group plc (IPX.L) has a volatility of 10.59%. This indicates that LIO.L experiences smaller price fluctuations and is considered to be less risky than IPX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LIO.L | IPX.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.56% | 10.59% | -2.03% |
Volatility (6M)Calculated over the trailing 6-month period | 27.20% | 37.91% | -10.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.10% | 43.18% | -5.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.04% | 47.91% | -6.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.46% | 47.37% | -6.91% |
Dividends
LIO.L vs. IPX.L - Dividend Comparison
LIO.L's dividend yield for the trailing twelve months is around 18.36%, more than IPX.L's 11.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPX.L Impax Asset Management Group plc | 11.83% | 17.70% | 11.17% | 5.02% | 3.00% | 0.71% | 0.83% | 1.16% | 2.86% | 1.33% | 3.36% | 3.60% |
LIO.L Liontrust Asset Management | 18.36% | 21.47% | 15.13% | 11.43% | 6.43% | 2.64% | 2.69% | 2.64% | 3.95% | 3.27% | 3.39% | 3.22% |
Financials
LIO.L vs. IPX.L - Financials Comparison
This section allows you to compare key financial metrics between Liontrust Asset Management and Impax Asset Management Group plc. 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
LIO.L vs. IPX.L - Profitability Comparison
LIO.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Liontrust Asset Management reported a gross profit of 0.00 and revenue of 69.45M. Therefore, the gross margin over that period was 0.0%.
IPX.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Impax Asset Management Group plc reported a gross profit of 54.42M and revenue of 59.67M. Therefore, the gross margin over that period was 91.2%.
LIO.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Liontrust Asset Management reported an operating income of 10.41M and revenue of 69.45M, resulting in an operating margin of 15.0%.
IPX.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Impax Asset Management Group plc reported an operating income of 8.12M and revenue of 59.67M, resulting in an operating margin of 13.6%.
LIO.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Liontrust Asset Management reported a net income of 4.70M and revenue of 69.45M, resulting in a net margin of 6.8%.
IPX.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Impax Asset Management Group plc reported a net income of 5.42M and revenue of 59.67M, resulting in a net margin of 9.1%.
Frequently Asked Questions
LIO.L and IPX.L have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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