LUNMF vs. VUAA.L

Last updated Apr 2, 2026

Compare and contrast key facts about Lundin Mining Corporation (LUNMF) and Vanguard S&P 500 UCITS ETF USD Accumulation (VUAA.L).

VUAA.L is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Net Total Return. It was launched on May 14, 2019.

Performance

LUNMF vs. VUAA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lundin Mining Corporation (LUNMF) and Vanguard S&P 500 UCITS ETF USD Accumulation (VUAA.L). The values are adjusted to include any dividend payments, if applicable.

LUNMF vs. VUAA.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
LUNMF Lundin Mining Corporation	18.04%	152.20%	8.32%	39.33%	-16.84%	-9.83%	52.63%	24.74%
VUAA.L Vanguard S&P 500 UCITS ETF USD Accumulation	-4.06%	17.37%	25.27%	26.68%	-18.63%	29.34%	17.66%	12.72%

Returns By Period

In the year-to-date period, LUNMF achieves a 18.04% return, which is significantly higher than VUAA.L's -4.06% return.

LUNMF

• 1D: 1.89%
• 1M: -17.09%
• YTD: 18.04%
• 6M: 71.06%
• 1Y: 207.77%
• 3Y*: 58.97%
• 5Y*: 22.89%
• 10Y*: 26.32%

VUAA.L

• 1D: 2.50%
• 1M: -3.64%
• YTD: -4.06%
• 6M: -0.94%
• 1Y: 18.29%
• 3Y*: 18.65%
• 5Y*: 11.80%
• 10Y*: —

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

Return for Risk

LUNMF vs. VUAA.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LUNMF

LUNMF Risk / Return Rank: 96
LUNMF Sharpe Ratio Rank: 98
LUNMF Sortino Ratio Rank: 95
LUNMF Omega Ratio Rank: 94
LUNMF Calmar Ratio Rank: 95
LUNMF Martin Ratio Rank: 98

VUAA.L

VUAA.L Risk / Return Rank: 68
VUAA.L Sharpe Ratio Rank: 62
VUAA.L Sortino Ratio Rank: 62
VUAA.L Omega Ratio Rank: 63
VUAA.L Calmar Ratio Rank: 77
VUAA.L Martin Ratio Rank: 77

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.

LUNMF vs. VUAA.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lundin Mining Corporation (LUNMF) and Vanguard S&P 500 UCITS ETF USD Accumulation (VUAA.L). 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.

	LUNMF	VUAA.L	Difference
Sharpe ratio Return per unit of total volatility	3.77	1.14	+2.63
Sortino ratio Return per unit of downside risk	3.68	1.65	+2.03
Omega ratio Gain probability vs. loss probability	1.50	1.24	+0.26
Calmar ratio Return relative to maximum drawdown	6.31	2.13	+4.18
Martin ratio Return relative to average drawdown	24.34	8.63	+15.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LUNMF vs. VUAA.L - Sharpe Ratio Comparison

The current LUNMF Sharpe Ratio is 3.77, which is higher than the VUAA.L Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of LUNMF and VUAA.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LUNMF	VUAA.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.77	1.14	+2.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.74	-0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.01	0.79	-0.80

Correlation

The correlation between LUNMF and VUAA.L is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

LUNMF vs. VUAA.L - Dividend Comparison

LUNMF's dividend yield for the trailing twelve months is around 0.16%, while VUAA.L has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
LUNMF Lundin Mining Corporation	0.16%	0.39%	3.82%	3.51%	5.96%	4.01%	1.34%	1.52%	2.22%	1.38%
VUAA.L Vanguard S&P 500 UCITS ETF USD Accumulation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

LUNMF vs. VUAA.L - Drawdown Comparison

The maximum LUNMF drawdown since its inception was -98.55%, which is greater than VUAA.L's maximum drawdown of -34.05%. Use the drawdown chart below to compare losses from any high point for LUNMF and VUAA.L.

Drawdown Indicators

	LUNMF	VUAA.L	Difference
Max Drawdown Largest peak-to-trough decline	-98.55%	-34.05%	-64.50%
Max Drawdown (1Y) Largest decline over 1 year	-33.47%	-11.75%	-21.72%
Max Drawdown (5Y) Largest decline over 5 years	-61.81%	-24.36%	-37.45%
Max Drawdown (10Y) Largest decline over 10 years	-61.92%	—	—
Current Drawdown Current decline from peak	-21.79%	-5.41%	-16.38%
Average Drawdown Average peak-to-trough decline	-80.85%	-5.20%	-75.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.67%	2.05%	+6.62%

Volatility

LUNMF vs. VUAA.L - Volatility Comparison

Lundin Mining Corporation (LUNMF) has a higher volatility of 21.12% compared to Vanguard S&P 500 UCITS ETF USD Accumulation (VUAA.L) at 4.87%. This indicates that LUNMF's price experiences larger fluctuations and is considered to be riskier than VUAA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LUNMF	VUAA.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.12%	4.87%	+16.25%
Volatility (6M) Calculated over the trailing 6-month period	42.13%	8.72%	+33.41%
Volatility (1Y) Calculated over the trailing 1-year period	55.51%	16.07%	+39.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.52%	15.97%	+32.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.04%	17.88%	+31.16%