LTR.AX vs. WGX.AX
LTR.AX (Liontown Resources Limited) and WGX.AX (Westgold Resources Limited) are both stocks. Both are in the Basic Materials sector — LTR.AX in Other Industrial Metals & Mining, WGX.AX in Gold. Over the past 5 years, LTR.AX returned 32.13%/yr vs 20.02%/yr for WGX.AX. At a 0.11 correlation, their price movements are largely independent.
Performance
LTR.AX vs. WGX.AX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LTR.AX achieves a 53.65% return, which is significantly higher than WGX.AX's -18.48% 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%
WGX.AX
- 1D
- -0.19%
- 1M
- -3.67%
- YTD
- -18.48%
- 6M
- -11.76%
- 1Y
- 66.43%
- 3Y*
- 49.13%
- 5Y*
- 20.02%
- 10Y*
- —
LTR.AX vs. WGX.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
WGX.AX Westgold Resources Limited | -18.48% | 129.40% | 30.98% | 149.14% | -57.11% | -21.79% | 15.28% | 160.23% | -50.28% | 7.27% |
Correlation
The correlation between LTR.AX and WGX.AX is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Dec 7, 2016 | 0.11 |
The correlation between LTR.AX and WGX.AX shifts across timeframes, from 0.11 (all time) to 0.21 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LTR.AX vs. WGX.AX — Risk / Return Rank
LTR.AX
WGX.AX
LTR.AX vs. WGX.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Liontown Resources Limited (LTR.AX) and Westgold Resources Limited (WGX.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.AX | WGX.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.72 | ||
| Sortino ratioReturn per unit of downside risk | +1.79 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.23 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 9.13 | 1.66 | +7.47 |
| Martin ratioReturn relative to average drawdown | 22.75 | 4.08 | +18.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| LTR.AX | WGX.AX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.95 | 1.23 | +2.72 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | 0.37 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.24 | -0.10 |
Drawdowns
LTR.AX vs. WGX.AX - Drawdown Comparison
The maximum LTR.AX drawdown since its inception was -98.56%, which is greater than WGX.AX's maximum drawdown of -74.78%. Use the drawdown chart below to compare losses from any high point for LTR.AX and WGX.AX.
Loading charts...
Drawdown Indicators
| LTR.AX | WGX.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.56% | -74.78% | -23.78% |
Max Drawdown (1Y)Largest decline over 1 year | -34.62% | -39.50% | +4.88% |
Max Drawdown (3Y)Largest decline over 3 years | -86.19% | -39.50% | -46.69% |
Max Drawdown (5Y)Largest decline over 5 years | -86.19% | -70.61% | -15.58% |
Max Drawdown (10Y)Largest decline over 10 years | -86.19% | — | — |
Current DrawdownCurrent decline from peak | -23.17% | -34.78% | +11.61% |
Average DrawdownAverage peak-to-trough decline | -67.70% | -29.31% | -38.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.95% | 16.17% | -2.22% |
Volatility
LTR.AX vs. WGX.AX - Volatility Comparison
Liontown Resources Limited (LTR.AX) and Westgold Resources Limited (WGX.AX) have volatilities of 15.60% and 14.94%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LTR.AX | WGX.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.60% | 14.94% | +0.66% |
Volatility (6M)Calculated over the trailing 6-month period | 52.27% | 40.21% | +12.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 80.02% | 53.62% | +26.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 79.72% | 53.61% | +26.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 101.88% | 53.22% | +48.66% |
Dividends
LTR.AX vs. WGX.AX - Dividend Comparison
LTR.AX has not paid dividends to shareholders, while WGX.AX's dividend yield for the trailing twelve months is around 0.57%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
LTR.AX Liontown Resources Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.04% |
WGX.AX Westgold Resources Limited | 0.57% | 0.47% | 0.80% | 0.00% | 0.00% | 0.98% | 0.00% | 0.00% | 0.00% |
Financials
LTR.AX vs. WGX.AX - Financials Comparison
This section allows you to compare key financial metrics between Liontown Resources Limited and Westgold Resources 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.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
LTR.AX and WGX.AX have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for LTR.AX and WGX.AX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer