LYC.AX vs. PDN.TO
LYC.AX (Lynas Rare Earths Limited) and PDN.TO (Paladin Energy Ltd) are both stocks. LYC.AX operates in Other Industrial Metals & Mining (Basic Materials), while PDN.TO operates in Uranium (Energy). Over the past year, LYC.AX returned 144.54% vs 89.33% for PDN.TO. At a 0.10 correlation, their price movements are largely independent.
Performance
LYC.AX vs. PDN.TO - Performance Comparison
Loading charts...
Different Trading Currencies
LYC.AX is traded in AUD, while PDN.TO is traded in CAD. To make them comparable, the PDN.TO values have been converted to AUD using the latest available exchange rates.
Returns By Period
In the year-to-date period, LYC.AX achieves a 56.67% return, which is significantly higher than PDN.TO's 21.84% return.
LYC.AX
- 1D
- 2.80%
- 1M
- 3.12%
- YTD
- 56.67%
- 6M
- 33.40%
- 1Y
- 144.54%
- 3Y*
- 36.70%
- 5Y*
- 29.08%
- 10Y*
- 40.70%
PDN.TO
- 1D
- 3.41%
- 1M
- -5.19%
- YTD
- 21.84%
- 6M
- 34.28%
- 1Y
- 89.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LYC.AX vs. PDN.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
LYC.AX Lynas Rare Earths Limited | 56.67% | 93.47% | -1.08% |
PDN.TO Paladin Energy Ltd | 21.84% | 25.90% | -0.10% |
Correlation
The correlation between LYC.AX and PDN.TO is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Dec 30, 2024 | 0.10 |
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
LYC.AX vs. PDN.TO — Risk / Return Rank
LYC.AX
PDN.TO
LYC.AX vs. PDN.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lynas Rare Earths Limited (LYC.AX) and Paladin Energy Ltd (PDN.TO). 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.
| LYC.AX | PDN.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.84 | ||
| Sortino ratioReturn per unit of downside risk | +0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.26 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.27 | 3.16 | +0.11 |
| Martin ratioReturn relative to average drawdown | 6.99 | 6.58 | +0.41 |
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
| LYC.AX | PDN.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.34 | 1.50 | +0.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 0.55 | -0.51 |
Drawdowns
LYC.AX vs. PDN.TO - Drawdown Comparison
The maximum LYC.AX drawdown since its inception was -98.77%, which is greater than PDN.TO's maximum drawdown of -56.35%. Use the drawdown chart below to compare losses from any high point for LYC.AX and PDN.TO.
Loading charts...
Drawdown Indicators
| LYC.AX | PDN.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.77% | -56.35% | -42.42% |
Max Drawdown (1Y)Largest decline over 1 year | -43.67% | -28.43% | -15.24% |
Max Drawdown (3Y)Largest decline over 3 years | -43.67% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -51.45% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -64.59% | — | — |
Current DrawdownCurrent decline from peak | -24.00% | -19.79% | -4.21% |
Average DrawdownAverage peak-to-trough decline | -63.63% | -18.81% | -44.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.52% | 13.61% | +6.91% |
Volatility
LYC.AX vs. PDN.TO - Volatility Comparison
The current volatility for Lynas Rare Earths Limited (LYC.AX) is 15.52%, while Paladin Energy Ltd (PDN.TO) has a volatility of 19.07%. This indicates that LYC.AX experiences smaller price fluctuations and is considered to be less risky than PDN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LYC.AX | PDN.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.52% | 19.07% | -3.55% |
Volatility (6M)Calculated over the trailing 6-month period | 42.79% | 43.64% | -0.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.95% | 59.92% | +1.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.13% | 63.99% | -17.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.29% | 63.99% | -8.70% |
Dividends
LYC.AX vs. PDN.TO - Dividend Comparison
Neither LYC.AX nor PDN.TO has paid dividends to shareholders.
Financials
LYC.AX vs. PDN.TO - Financials Comparison
This section allows you to compare key financial metrics between Lynas Rare Earths Limited and Paladin Energy Ltd. 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
LYC.AX and PDN.TO have a correlation of 0.15, 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 LYC.AX and PDN.TO
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