MAL.TO vs. LUN.TO
MAL.TO (Magellan Aerospace Corporation) and LUN.TO (Lundin Mining Corporation) are both stocks. MAL.TO operates in Aerospace & Defense (Industrials), while LUN.TO operates in Copper (Basic Materials). Over the past 10 years, MAL.TO returned 8.67%/yr vs 27.33%/yr for LUN.TO. At a 0.16 correlation, their price movements are largely independent.
Performance
MAL.TO vs. LUN.TO - Performance Comparison
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Returns By Period
In the year-to-date period, MAL.TO achieves a 84.10% return, which is significantly higher than LUN.TO's 29.22% return. Over the past 10 years, MAL.TO has underperformed LUN.TO with an annualized return of 8.67%, while LUN.TO has yielded a comparatively higher 27.33% annualized return.
MAL.TO
- 1D
- 6.45%
- 1M
- 26.33%
- YTD
- 84.10%
- 6M
- 104.37%
- 1Y
- 100.74%
- 3Y*
- 62.06%
- 5Y*
- 28.63%
- 10Y*
- 8.67%
LUN.TO
- 1D
- 2.26%
- 1M
- 2.49%
- YTD
- 29.22%
- 6M
- 50.43%
- 1Y
- 164.52%
- 3Y*
- 59.24%
- 5Y*
- 28.33%
- 10Y*
- 27.33%
MAL.TO vs. LUN.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MAL.TO Magellan Aerospace Corporation | 84.10% | 85.92% | 29.71% | -20.45% | 3.54% | 18.19% | -33.84% | -3.75% | -27.23% | 18.52% |
LUN.TO Lundin Mining Corporation | 29.22% | 141.86% | 17.72% | 35.67% | -11.74% | -9.34% | 49.12% | 40.12% | -31.40% | 32.67% |
Correlation
The correlation between MAL.TO and LUN.TO is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
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 6, 2006 | 0.16 |
The correlation between MAL.TO and LUN.TO shifts across timeframes, from 0.16 (all time) to 0.29 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
MAL.TO:
CA$1.94B
LUN.TO:
CA$32.76B
MAL.TO:
CA$0.79
LUN.TO:
CA$1.69
MAL.TO:
43.09
LUN.TO:
22.54
MAL.TO:
0.45
LUN.TO:
0.14
MAL.TO:
1.82
LUN.TO:
8.10
MAL.TO:
2.32
LUN.TO:
4.78
MAL.TO:
CA$1.07B
LUN.TO:
CA$4.04B
MAL.TO:
CA$151.69M
LUN.TO:
CA$1.55B
MAL.TO:
CA$115.01M
LUN.TO:
CA$1.92B
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Return for Risk
MAL.TO vs. LUN.TO — Risk / Return Rank
MAL.TO
LUN.TO
MAL.TO vs. LUN.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Magellan Aerospace Corporation (MAL.TO) and Lundin Mining Corporation (LUN.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.
| MAL.TO | LUN.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.45 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 4.45 | 4.92 | -0.47 |
| Martin ratioReturn relative to average drawdown | 9.13 | 16.40 | -7.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MAL.TO | LUN.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.30 | 3.15 | -0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 0.62 | +0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.25 | 0.60 | -0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.15 | -0.03 |
Drawdowns
MAL.TO vs. LUN.TO - Drawdown Comparison
The maximum MAL.TO drawdown since its inception was -98.40%, roughly equal to the maximum LUN.TO drawdown of -95.33%. Use the drawdown chart below to compare losses from any high point for MAL.TO and LUN.TO.
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Drawdown Indicators
| MAL.TO | LUN.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.40% | -95.33% | -3.07% |
Max Drawdown (1Y)Largest decline over 1 year | -22.77% | -33.67% | +10.90% |
Max Drawdown (3Y)Largest decline over 3 years | -22.77% | -47.11% | +24.34% |
Max Drawdown (5Y)Largest decline over 5 years | -35.44% | -53.91% | +18.47% |
Max Drawdown (10Y)Largest decline over 10 years | -75.12% | -57.61% | -17.51% |
Current DrawdownCurrent decline from peak | 0.00% | -14.17% | +14.17% |
Average DrawdownAverage peak-to-trough decline | -45.08% | -48.72% | +3.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.07% | 10.08% | +0.99% |
Volatility
MAL.TO vs. LUN.TO - Volatility Comparison
The current volatility for Magellan Aerospace Corporation (MAL.TO) is 19.03%, while Lundin Mining Corporation (LUN.TO) has a volatility of 20.66%. This indicates that MAL.TO experiences smaller price fluctuations and is considered to be less risky than LUN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MAL.TO | LUN.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.03% | 20.66% | -1.63% |
Volatility (6M)Calculated over the trailing 6-month period | 36.31% | 44.38% | -8.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.17% | 52.71% | -8.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.58% | 46.18% | -11.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.29% | 45.95% | -10.66% |
Dividends
MAL.TO vs. LUN.TO - Dividend Comparison
MAL.TO's dividend yield for the trailing twelve months is around 0.59%, more than LUN.TO's 0.29% 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% |
MAL.TO Magellan Aerospace Corporation | 0.59% | 0.94% | 0.99% | 1.27% | 2.60% | 4.22% | 4.79% | 2.88% | 2.37% | 1.33% | 1.32% | 1.38% |
Financials
MAL.TO vs. LUN.TO - Financials Comparison
This section allows you to compare key financial metrics between Magellan Aerospace Corporation and Lundin Mining Corporation. 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
MAL.TO vs. LUN.TO - Profitability Comparison
MAL.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Magellan Aerospace Corporation reported a gross profit of 40.61M and revenue of 285.10M. Therefore, the gross margin over that period was 14.3%.
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%.
MAL.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Magellan Aerospace Corporation reported an operating income of 23.24M and revenue of 285.10M, resulting in an operating margin of 8.2%.
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%.
MAL.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Magellan Aerospace Corporation reported a net income of 16.48M and revenue of 285.10M, resulting in a net margin of 5.8%.
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%.
Frequently Asked Questions
MAL.TO and LUN.TO have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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