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LTR.AX vs. KCN.AX
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

LTR.AX vs. KCN.AX

Last updated Jun 4, 2026

LTR.AX (Liontown Resources Limited) and KCN.AX (Kingsgate Consolidated Limited) are both stocks. Both are in the Basic Materials sector — LTR.AX in Other Industrial Metals & Mining, KCN.AX in Gold. Over the past 10 years, LTR.AX returned 59.01%/yr vs 29.74%/yr for KCN.AX. At a 0.09 correlation, their price movements are largely independent.

Performance

LTR.AX vs. KCN.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Liontown Resources Limited (LTR.AX) and Kingsgate Consolidated Limited (KCN.AX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, LTR.AX achieves a 53.65% return, which is significantly higher than KCN.AX's -1.59% return. Over the past 10 years, LTR.AX has outperformed KCN.AX with an annualized return of 59.01%, while KCN.AX has yielded a comparatively lower 29.74% annualized return.

LTR.AX

1D
-3.20%
1M
0.00%
YTD
53.65%
6M
80.60%
1Y
320.87%
3Y*
-4.29%
5Y*
32.13%
10Y*
59.01%

KCN.AX

1D
-9.02%
1M
-10.80%
YTD
-1.59%
6M
16.89%
1Y
160.12%
3Y*
62.55%
5Y*
44.48%
10Y*
29.74%
*Multi-year figures are annualized to reflect compound growth (CAGR)

LTR.AX vs. KCN.AX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
LTR.AX
Liontown Resources Limited		53.65%200.00%-68.18%25.00%-20.48%403.79%290.87%264.94%-44.97%159.51%
KCN.AX
Kingsgate Consolidated Limited		-1.59%338.13%-6.55%-20.29%-11.08%112.02%117.86%162.50%-60.00%40.35%

Correlation

The correlation between LTR.AX and KCN.AX is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.25

Correlation (3Y)
Calculated over the trailing 3-year period

0.19

Correlation (5Y)
Calculated over the trailing 5-year period

0.20

Correlation (10Y)
Calculated over the trailing 10-year period

0.12

Correlation (All Time)
Calculated using the full available price history since Dec 27, 2006

0.09

The correlation between LTR.AX and KCN.AX shifts across timeframes, from 0.09 (all time) to 0.25 (1 year), reflecting how their relationship changes across market environments.

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Liontown Resources Limited

Kingsgate Consolidated Limited

Often compared with LTR.AX:
LTR.AX vs. WC8.AXLTR.AX vs. LAR.TOLTR.AX vs. WGX.AXLTR.AX vs. III.TOLTR.AX vs. AII.TOLTR.AX vs. ALBLTR.AX vs. TKO.TO
Often compared with KCN.AX:
KCN.AX vs. LAR.TOKCN.AX vs. SGOLKCN.AX vs. TKO.TOKCN.AX vs. III.TOKCN.AX vs. WGX.AXKCN.AX vs. AII.TOKCN.AX vs. ALB

Return for Risk

LTR.AX vs. KCN.AX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
LTR.AX
LTR.AX Risk / Return Rank: 9595
Overall Rank
LTR.AX Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
LTR.AX Sortino Ratio Rank: 9292
Sortino Ratio Rank
LTR.AX Omega Ratio Rank: 9090
Omega Ratio Rank
LTR.AX Calmar Ratio Rank: 9797
Calmar Ratio Rank
LTR.AX Martin Ratio Rank: 9696
Martin Ratio Rank
KCN.AX
KCN.AX Risk / Return Rank: 8787
Overall Rank
KCN.AX Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
KCN.AX Sortino Ratio Rank: 8484
Sortino Ratio Rank
KCN.AX Omega Ratio Rank: 8585
Omega Ratio Rank
KCN.AX Calmar Ratio Rank: 8686
Calmar Ratio Rank
KCN.AX Martin Ratio Rank: 9090
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LTR.AX vs. KCN.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Liontown Resources Limited (LTR.AX) and Kingsgate Consolidated Limited (KCN.AX). 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.

LTR.AXKCN.AXDifference
Sharpe ratioReturn per unit of total volatility
3.95
2.36

+1.59

Sortino ratioReturn per unit of downside risk
3.60
2.62

+0.98

Omega ratioGain probability vs. loss probability

1.43

1.35

+0.08

Calmar ratioReturn relative to maximum drawdown

9.13

3.67

+5.47

Martin ratioReturn relative to average drawdown

22.75

12.46

+10.29

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LTR.AX vs. KCN.AX - Sharpe Ratio Comparison

The current LTR.AX Sharpe Ratio is 3.95, which is higher than the KCN.AX Sharpe Ratio of 2.36. The chart below compares the historical Sharpe Ratios of LTR.AX and KCN.AX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

LTR.AXKCN.AXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.95

2.36

+1.59

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.40

0.69

-0.29

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.58

0.47

+0.11

Sharpe Ratio (All Time)

Calculated using the full available price history

0.14

0.14

0.00

Drawdowns

LTR.AX vs. KCN.AX - Drawdown Comparison

The maximum LTR.AX drawdown since its inception was -98.56%, roughly equal to the maximum KCN.AX drawdown of -98.66%. Use the drawdown chart below to compare losses from any high point for LTR.AX and KCN.AX.

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Drawdown Indicators

LTR.AXKCN.AXDifference

Max Drawdown

Largest peak-to-trough decline

-98.56%

-98.66%

+0.10%

Max Drawdown (1Y)

Largest decline over 1 year

-34.62%

-43.14%

+8.52%

Max Drawdown (3Y)

Largest decline over 3 years

-86.19%

-43.14%

-43.05%

Max Drawdown (5Y)

Largest decline over 5 years

-86.19%

-53.93%

-32.26%

Max Drawdown (10Y)

Largest decline over 10 years

-86.19%

-70.71%

-15.48%

Current Drawdown

Current decline from peak

-23.17%

-48.71%

+25.54%

Average Drawdown

Average peak-to-trough decline

-67.70%

-56.18%

-11.52%

Ulcer Index

Depth and duration of drawdowns from previous peaks

13.95%

12.74%

+1.21%

Volatility

LTR.AX vs. KCN.AX - Volatility Comparison

The current volatility for Liontown Resources Limited (LTR.AX) is 15.60%, while Kingsgate Consolidated Limited (KCN.AX) has a volatility of 24.01%. This indicates that LTR.AX experiences smaller price fluctuations and is considered to be less risky than KCN.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

LTR.AXKCN.AXDifference

Volatility (1M)

Calculated over the trailing 1-month period

15.60%

24.01%

-8.41%

Volatility (6M)

Calculated over the trailing 6-month period

52.27%

53.48%

-1.21%

Volatility (1Y)

Calculated over the trailing 1-year period

80.02%

67.01%

+13.01%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

79.72%

63.90%

+15.82%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

101.88%

63.08%

+38.80%

Dividends

LTR.AX vs. KCN.AX - Dividend Comparison

LTR.AX has not paid dividends to shareholders, while KCN.AX's dividend yield for the trailing twelve months is around 1.83%.

PositionTTM20252024202320222021202020192018
KCN.AX
Kingsgate Consolidated Limited		1.83%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
LTR.AX
Liontown Resources Limited		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.04%

Financials

LTR.AX vs. KCN.AX - Financials Comparison

This section allows you to compare key financial metrics between Liontown Resources Limited and Kingsgate Consolidated Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.

Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities

Values in AUD except per share items

Frequently Asked Questions

LTR.AX and KCN.AX have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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