LYSCF vs. MP

Last updated Jun 4, 2026

LYSCF (Lynas Rare Earths Ltd) and MP (MP Materials Corp.) are both stocks. Both operate in the Other Industrial Metals & Mining industry within the Basic Materials sector. Over the past 5 years, LYSCF returned 26.69%/yr vs 16.72%/yr for MP. At a 0.34 correlation, their price movements are largely independent.

Performance

LYSCF vs. MP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lynas Rare Earths Ltd (LYSCF) and MP Materials Corp. (MP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LYSCF achieves a 66.55% return, which is significantly higher than MP's 35.69% return.

LYSCF

• 1D: 0.15%
• 1M: 2.23%
• YTD: 66.55%
• 6M: 41.65%
• 1Y: 165.00%
• 3Y*: 38.69%
• 5Y*: 26.69%
• 10Y*: 75.70%

MP

• 1D: -5.11%
• 1M: 3.55%
• YTD: 35.69%
• 6M: 16.76%
• 1Y: 211.59%
• 3Y*: 45.90%
• 5Y*: 16.72%
• 10Y*: —

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

LYSCF vs. MP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
LYSCF Lynas Rare Earths Ltd	66.55%	105.74%	-17.15%	-8.68%	-28.76%	142.35%	130.83%
MP MP Materials Corp.	35.69%	223.85%	-21.41%	-18.25%	-46.54%	41.19%	221.70%

Correlation

The correlation between LYSCF and MP is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (5Y) Calculated over the trailing 5-year period	0.38
Correlation (All Time) Calculated using the full available price history since Jun 23, 2020	0.34

The correlation between LYSCF and MP shifts across timeframes, from 0.34 (all time) to 0.47 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

EPS LYSCF : $0.14 MP : -$0.53
PS Ratio LYSCF : 11.02 MP : 30.21
Total Revenue (TTM) LYSCF : $1.20B MP : $305.30M
Gross Profit (TTM) LYSCF : $303.37M MP : $25.30M
EBITDA (TTM) LYSCF : $239.40M MP : $1.52M

Return for Risk

LYSCF vs. MP — Risk / Return Rank

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

LYSCF

LYSCF Risk / Return Rank: 86
LYSCF Sharpe Ratio Rank: 92
LYSCF Sortino Ratio Rank: 85
LYSCF Omega Ratio Rank: 84
LYSCF Calmar Ratio Rank: 86
LYSCF Martin Ratio Rank: 82

MP

MP Risk / Return Rank: 86
MP Sharpe Ratio Rank: 90
MP Sortino Ratio Rank: 89
MP Omega Ratio Rank: 85
MP Calmar Ratio Rank: 87
MP Martin Ratio Rank: 80

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.

LYSCF vs. MP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lynas Rare Earths Ltd (LYSCF) and MP Materials Corp. (MP). 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.

	LYSCF	MP	Difference
Sharpe ratio Return per unit of total volatility	2.49	2.27	+0.21
Sortino ratio Return per unit of downside risk	2.72	3.17	-0.45
Omega ratio Gain probability vs. loss probability	1.35	1.36	-0.01
Calmar ratio Return relative to maximum drawdown	3.56	3.96	-0.40
Martin ratio Return relative to average drawdown	7.47	6.77	+0.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LYSCF vs. MP - Sharpe Ratio Comparison

The current LYSCF Sharpe Ratio is 2.49, which is comparable to the MP Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of LYSCF and MP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LYSCF	MP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.49	2.27	+0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	0.24	+0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.29	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.07	0.53	-0.46

Drawdowns

LYSCF vs. MP - Drawdown Comparison

The maximum LYSCF drawdown since its inception was -99.17%, which is greater than MP's maximum drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for LYSCF and MP.

Drawdown Indicators

	LYSCF	MP	Difference
Max Drawdown Largest peak-to-trough decline	-99.17%	-81.99%	-17.18%
Max Drawdown (1Y) Largest decline over 1 year	-46.64%	-53.79%	+7.15%
Max Drawdown (3Y) Largest decline over 3 years	-46.64%	-59.47%	+12.83%
Max Drawdown (5Y) Largest decline over 5 years	-57.89%	-81.99%	+24.10%
Max Drawdown (10Y) Largest decline over 10 years	-72.48%	—	—
Current Drawdown Current decline from peak	-11.47%	-30.51%	+19.04%
Average Drawdown Average peak-to-trough decline	-52.78%	-42.63%	-10.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.18%	31.40%	-9.22%

Volatility

LYSCF vs. MP - Volatility Comparison

The current volatility for Lynas Rare Earths Ltd (LYSCF) is 17.21%, while MP Materials Corp. (MP) has a volatility of 21.38%. This indicates that LYSCF experiences smaller price fluctuations and is considered to be less risky than MP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LYSCF	MP	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.21%	21.38%	-4.17%
Volatility (6M) Calculated over the trailing 6-month period	43.93%	50.40%	-6.47%
Volatility (1Y) Calculated over the trailing 1-year period	66.78%	93.94%	-27.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.56%	69.57%	-18.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	265.23%	72.60%	+192.63%

Dividends

LYSCF vs. MP - Dividend Comparison

Neither LYSCF nor MP has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

LYSCF vs. MP - Profitability Comparison

The chart below illustrates the profitability comparison between Lynas Rare Earths Ltd and MP Materials Corp. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

LYSCF - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lynas Rare Earths Ltd reported a gross profit of 116.62M and revenue of 413.53M. Therefore, the gross margin over that period was 28.2%.

MP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MP Materials Corp. reported a gross profit of 0.00 and revenue of 90.65M. Therefore, the gross margin over that period was 0.0%.

LYSCF - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lynas Rare Earths Ltd reported an operating income of 80.71M and revenue of 413.53M, resulting in an operating margin of 19.5%.

MP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MP Materials Corp. reported an operating income of 0.00 and revenue of 90.65M, resulting in an operating margin of 0.0%.

LYSCF - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lynas Rare Earths Ltd reported a net income of 80.18M and revenue of 413.53M, resulting in a net margin of 19.4%.

MP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MP Materials Corp. reported a net income of -7.97M and revenue of 90.65M, resulting in a net margin of -8.8%.

Frequently Asked Questions

Can I hold both LYSCF and MP in my portfolio?

LYSCF and MP have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LYSCF or MP?

MP has higher volatility (21.38%) compared to LYSCF (17.21%). In terms of maximum drawdown, LYSCF dropped -99.17% vs MP's -81.99%.

Which has better risk-adjusted returns?

LYSCF currently has the higher Sharpe Ratio (2.49 vs 2.27), 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.