LTHM vs. MP

Last updated Aug 1, 2026

LTHM (Livent Corporation) and MP (MP Materials Corp.) are both stocks. Both are in the Basic Materials sector — LTHM in Specialty Chemicals, MP in Other Industrial Metals & Mining. Their 0.38 correlation means their historical movements had little consistent relationship.

Performance

LTHM vs. MP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Livent Corporation (LTHM) and MP Materials Corp. (MP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LTHM

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

MP

• 1D: -0.70%
• 1M: -22.40%
• 6M: -29.61%
• YTD: -18.11%
• 1Y: -35.04%
• 3Y*: 21.47%
• 5Y*: 1.92%
• 10Y*: —
• ALL TIME*: 26.39%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MP MP Materials Corp.	$269.01M	$254.79M	$346.46M

LTHM vs. MP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
LTHM Livent Corporation	0.00%	0.00%	-8.18%	-9.51%	-18.50%	29.41%	145.63%
MP MP Materials Corp.	-18.11%	223.85%	-21.41%	-18.25%	-46.54%	41.19%	224.95%

Correlation

The correlation between LTHM and MP is 0.38, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (3Y) Balances recent behavior with more history.	0.19
Correlation (5Y) Shows whether the relationship held over a longer period.	0.40
Correlation (All Time) Calculated using the full available price history since Jun 22, 2020	0.38

The correlation between LTHM and MP shifts across timeframes, from 0.19 (3 years) to 0.40 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Total Revenue (TTM) LTHM : $920.10M MP : $305.30M
Gross Profit (TTM) LTHM : $539.80M MP : $25.30M
EBITDA (TTM) LTHM : $491.50M MP : $1.52M

Return for Risk

LTHM vs. MP — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LTHM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

MP

MP Risk / Return Rank: 26
MP Sharpe Ratio Rank: 24
MP Sortino Ratio Rank: 27
MP Omega Ratio Rank: 28
MP Calmar Ratio Rank: 25
MP Martin Ratio Rank: 25

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LTHM vs. MP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Livent Corporation (LTHM) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	LTHM	MP	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.44	—
Sortino ratio: Return per unit of downside risk	—	-0.24	—
Omega ratio: Gain probability vs. loss probability	—	0.97	—
Calmar ratio: Return relative to maximum drawdown	—	-0.54	—
Martin ratio: Return relative to average drawdown	—	-0.90	—

Drawdowns

Drawdown Indicators

	LTHM	MP	Difference
Max Drawdown Largest peak-to-trough decline	—	-81.99%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-61.38%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-61.38%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-81.99%	—
Current Drawdown Current decline from peak	—	-58.06%	—
Average Drawdown Average peak-to-trough decline	—	-42.72%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	36.61%	—

Volatility

Volatility by Period

	LTHM	MP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	20.22%	—
Volatility (6M) Calculated over the trailing 6-month period	—	50.61%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	74.63%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	69.99%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	72.47%	—

Dividends

LTHM vs. MP - Dividend Comparison

Neither LTHM nor MP has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both LTHM and MP in my portfolio?

LTHM and MP 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.