LUNMF vs. CDE
LUNMF (Lundin Mining Corporation) and CDE (Coeur Mining, Inc.) are both stocks. Both are in the Basic Materials sector — LUNMF in Copper, CDE in Gold. Over the past 10 years, LUNMF returned 26.31%/yr vs 5.80%/yr for CDE. At a 0.42 correlation, their price movements are largely independent.
Performance
LUNMF vs. CDE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LUNMF achieves a 22.09% return, which is significantly higher than CDE's -1.91% return. Over the past 10 years, LUNMF has outperformed CDE with an annualized return of 26.31%, while CDE has yielded a comparatively lower 5.80% annualized return.
LUNMF
- 1D
- -1.72%
- 1M
- -3.78%
- YTD
- 22.09%
- 6M
- 23.39%
- 1Y
- 164.00%
- 3Y*
- 52.95%
- 5Y*
- 28.18%
- 10Y*
- 26.31%
CDE
- 1D
- -0.23%
- 1M
- -0.91%
- YTD
- -1.91%
- 6M
- -7.41%
- 1Y
- 96.51%
- 3Y*
- 85.05%
- 5Y*
- 13.69%
- 10Y*
- 5.80%
LUNMF vs. CDE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LUNMF Lundin Mining Corporation | 22.09% | 152.20% | 8.32% | 39.33% | -16.84% | -9.83% | 52.63% | 48.16% | -36.95% | 39.90% |
CDE Coeur Mining, Inc. | -1.91% | 211.71% | 75.46% | -2.98% | -33.33% | -51.30% | 28.09% | 80.76% | -40.40% | -17.49% |
Correlation
The correlation between LUNMF and CDE is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 2006 | 0.42 |
The correlation between LUNMF and CDE shifts across timeframes, from 0.40 (10 years) to 0.55 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
LUNMF:
$1.69
CDE:
$1.64
LUNMF:
15.53
CDE:
10.63
LUNMF:
0.01
CDE:
0.10
LUNMF:
5.58
CDE:
3.31
LUNMF:
$4.04B
CDE:
$2.57B
LUNMF:
$1.39B
CDE:
$909.07M
LUNMF:
$1.92B
CDE:
$1.23B
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
LUNMF vs. CDE — Risk / Return Rank
LUNMF
CDE
LUNMF vs. CDE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lundin Mining Corporation (LUNMF) and Coeur Mining, Inc. (CDE). 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.
| LUNMF | CDE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.63 | ||
| Sortino ratioReturn per unit of downside risk | +1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.25 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 4.93 | 2.25 | +2.68 |
| Martin ratioReturn relative to average drawdown | 15.14 | 4.36 | +10.78 |
Loading charts...
Drawdowns
LUNMF vs. CDE - Drawdown Comparison
The maximum LUNMF drawdown since its inception was -98.55%, roughly equal to the maximum CDE drawdown of -99.40%. Use the drawdown chart below to compare losses from any high point for LUNMF and CDE.
Loading charts...
Drawdown Indicators
| LUNMF | CDE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.55% | -99.40% | +0.85% |
Max Drawdown (1Y)Largest decline over 1 year | -33.47% | -43.18% | +9.71% |
Max Drawdown (3Y)Largest decline over 3 years | -49.67% | -43.18% | -6.49% |
Max Drawdown (5Y)Largest decline over 5 years | -57.67% | -78.39% | +20.72% |
Max Drawdown (10Y)Largest decline over 10 years | -61.92% | -87.42% | +25.50% |
Current DrawdownCurrent decline from peak | -19.11% | -93.94% | +74.83% |
Average DrawdownAverage peak-to-trough decline | -80.10% | -81.50% | +1.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.88% | 22.22% | -11.34% |
Volatility
LUNMF vs. CDE - Volatility Comparison
Lundin Mining Corporation (LUNMF) and Coeur Mining, Inc. (CDE) have volatilities of 21.29% and 21.87%, 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
| LUNMF | CDE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.29% | 21.87% | -0.58% |
Volatility (6M)Calculated over the trailing 6-month period | 46.57% | 55.47% | -8.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.43% | 71.86% | -16.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.21% | 68.46% | -19.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.08% | 68.90% | -19.82% |
Dividends
LUNMF vs. CDE - Dividend Comparison
LUNMF's dividend yield for the trailing twelve months is around 0.21%, more than CDE's 0.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
CDE Coeur Mining, Inc. | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LUNMF Lundin Mining Corporation | 0.21% | 0.39% | 3.82% | 3.51% | 5.96% | 4.01% | 1.34% | 1.52% | 2.22% | 1.38% |
Financials
LUNMF vs. CDE - Financials Comparison
This section allows you to compare key financial metrics between Lundin Mining Corporation and Coeur Mining, 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
LUNMF vs. CDE - Profitability Comparison
LUNMF - 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%.
CDE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Coeur Mining, Inc. reported a gross profit of 0.00 and revenue of 856.19M. Therefore, the gross margin over that period was 0.0%.
LUNMF - 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%.
CDE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Coeur Mining, Inc. reported an operating income of 349.17M and revenue of 856.19M, resulting in an operating margin of 40.8%.
LUNMF - 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%.
CDE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Coeur Mining, Inc. reported a net income of 246.76M and revenue of 856.19M, resulting in a net margin of 28.8%.
Frequently Asked Questions
LUNMF and CDE have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CDE has higher volatility (21.87%) compared to LUNMF (21.29%). In terms of maximum drawdown, LUNMF dropped -98.55% vs CDE's -99.40%.
LUNMF currently has the higher Sharpe Ratio (2.98 vs 1.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for LUNMF and CDE
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