LUN.TO vs. NRG
LUN.TO (Lundin Mining Corporation) and NRG (NRG Energy, Inc.) are both stocks. LUN.TO operates in Copper (Basic Materials), while NRG operates in Utilities - Independent Power Producers (Utilities). Over the past 10 years, LUN.TO returned 27.86%/yr vs 28.00%/yr for NRG. At a 0.25 correlation, their price movements are largely independent.
Performance
LUN.TO vs. NRG - Performance Comparison
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Different Trading Currencies
LUN.TO is traded in CAD, while NRG is traded in USD. To make them comparable, the NRG values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, LUN.TO achieves a 28.54% return, which is significantly higher than NRG's -19.03% return. Both investments have delivered pretty close results over the past 10 years, with LUN.TO having a 27.86% annualized return and NRG not far ahead at 28.00%.
LUN.TO
- 1D
- 2.69%
- 1M
- -9.84%
- YTD
- 28.54%
- 6M
- 39.35%
- 1Y
- 171.40%
- 3Y*
- 58.49%
- 5Y*
- 28.07%
- 10Y*
- 27.86%
NRG
- 1D
- 1.72%
- 1M
- -2.26%
- YTD
- -19.03%
- 6M
- -20.60%
- 1Y
- -13.98%
- 3Y*
- 59.62%
- 5Y*
- 34.83%
- 10Y*
- 28.00%
LUN.TO vs. NRG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LUN.TO Lundin Mining Corporation | 28.54% | 141.86% | 17.72% | 35.67% | -11.74% | -9.34% | 49.12% | 40.12% | -31.40% | 32.67% |
NRG NRG Energy, Inc. | -19.03% | 70.74% | 93.70% | 65.33% | -18.62% | 18.48% | -4.46% | -3.46% | 51.33% | 117.87% |
Correlation
The correlation between LUN.TO and NRG is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.25 |
Fundamentals
LUN.TO:
CA$32.59B
NRG:
$26.10B
LUN.TO:
$1.69
NRG:
$1.21
LUN.TO:
16.04
NRG:
103.60
LUN.TO:
0.10
NRG:
1.56
LUN.TO:
5.76
NRG:
0.76
LUN.TO:
3.40
NRG:
6.18
LUN.TO:
$4.04B
NRG:
$32.38B
LUN.TO:
$1.55B
NRG:
$4.69B
LUN.TO:
$1.92B
NRG:
$2.57B
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Return for Risk
LUN.TO vs. NRG — Risk / Return Rank
LUN.TO
NRG
LUN.TO vs. NRG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lundin Mining Corporation (LUN.TO) and NRG Energy, Inc. (NRG). 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.
| LUN.TO | NRG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.58 | ||
| Sortino ratioReturn per unit of downside risk | +3.50 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 0.98 | +0.47 |
| Calmar ratioReturn relative to maximum drawdown | 5.12 | -0.43 | +5.55 |
| Martin ratioReturn relative to average drawdown | 16.75 | -1.02 | +17.77 |
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Drawdowns
LUN.TO vs. NRG - Drawdown Comparison
The maximum LUN.TO drawdown since its inception was -95.33%, which is greater than NRG's maximum drawdown of -73.52%. Use the drawdown chart below to compare losses from any high point for LUN.TO and NRG.
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Drawdown Indicators
| LUN.TO | NRG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.33% | -73.52% | -21.81% |
Max Drawdown (1Y)Largest decline over 1 year | -33.67% | -32.99% | -0.68% |
Max Drawdown (3Y)Largest decline over 3 years | -47.11% | -32.99% | -14.12% |
Max Drawdown (5Y)Largest decline over 5 years | -53.91% | -32.99% | -20.92% |
Max Drawdown (10Y)Largest decline over 10 years | -57.61% | -45.51% | -12.10% |
Current DrawdownCurrent decline from peak | -14.62% | -30.15% | +15.53% |
Average DrawdownAverage peak-to-trough decline | -48.73% | -25.99% | -22.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.28% | 13.71% | -3.43% |
Volatility
LUN.TO vs. NRG - Volatility Comparison
Lundin Mining Corporation (LUN.TO) has a higher volatility of 19.93% compared to NRG Energy, Inc. (NRG) at 15.42%. This indicates that LUN.TO's price experiences larger fluctuations and is considered to be riskier than NRG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LUN.TO | NRG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.93% | 15.42% | +4.51% |
Volatility (6M)Calculated over the trailing 6-month period | 44.51% | 35.24% | +9.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.84% | 44.85% | +7.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.24% | 40.53% | +5.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.96% | 39.84% | +6.12% |
Dividends
LUN.TO vs. NRG - Dividend Comparison
LUN.TO's dividend yield for the trailing twelve months is around 0.29%, less than NRG's 1.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LUN.TO Lundin Mining Corporation | 0.29% | 0.68% | 3.64% | 3.32% | 5.66% | 3.95% | 1.42% | 1.55% | 2.13% | 1.44% | 0.00% | 0.00% |
NRG NRG Energy, Inc. | 1.46% | 1.11% | 1.81% | 2.92% | 4.40% | 3.02% | 3.20% | 0.30% | 0.30% | 0.42% | 1.92% | 4.93% |
Financials
LUN.TO vs. NRG - Financials Comparison
This section allows you to compare key financial metrics between Lundin Mining Corporation and NRG Energy, Inc.. 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
LUN.TO vs. NRG - Profitability Comparison
LUN.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lundin Mining Corporation reported a gross profit of 537.50M and revenue of 1.16B. Therefore, the gross margin over that period was 46.4%.
NRG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NRG Energy, Inc. reported a gross profit of 0.00 and revenue of 10.26B. Therefore, the gross margin over that period was 0.0%.
LUN.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lundin Mining Corporation reported an operating income of 503.80M and revenue of 1.16B, resulting in an operating margin of 43.5%.
NRG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NRG Energy, Inc. reported an operating income of 328.00M and revenue of 10.26B, resulting in an operating margin of 3.2%.
LUN.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lundin Mining Corporation reported a net income of 281.40M and revenue of 1.16B, resulting in a net margin of 24.3%.
NRG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NRG Energy, Inc. reported a net income of 125.00M and revenue of 10.26B, resulting in a net margin of 1.2%.
Frequently Asked Questions
LUN.TO and NRG have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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