MAL.TO vs. UCU.V

Last updated Jun 9, 2026

MAL.TO (Magellan Aerospace Corporation) and UCU.V (Ucore Rare Metals Inc) are both stocks. MAL.TO operates in Aerospace & Defense (Industrials), while UCU.V operates in Other Industrial Metals & Mining (Basic Materials). Over the past 10 years, MAL.TO returned 8.67%/yr vs 5.28%/yr for UCU.V. At a 0.07 correlation, their price movements are largely independent.

Performance

MAL.TO vs. UCU.V - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Magellan Aerospace Corporation (MAL.TO) and Ucore Rare Metals Inc (UCU.V). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MAL.TO achieves a 84.10% return, which is significantly higher than UCU.V's -4.04% return. Over the past 10 years, MAL.TO has outperformed UCU.V with an annualized return of 8.67%, while UCU.V has yielded a comparatively lower 5.28% 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%

UCU.V

• 1D: -2.24%
• 1M: -2.97%
• YTD: -4.04%
• 6M: -24.20%
• 1Y: 296.21%
• 3Y*: 67.15%
• 5Y*: 34.92%
• 10Y*: 5.28%

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

MAL.TO vs. UCU.V - 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%
UCU.V Ucore Rare Metals Inc	-4.04%	626.67%	-13.79%	27.94%	-6.85%	-38.14%	-47.56%	162.96%	-52.08%	-22.58%

Correlation

The correlation between MAL.TO and UCU.V is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (10Y) Calculated over the trailing 10-year period	0.07
Correlation (All Time) Calculated using the full available price history since Oct 11, 2006	0.07

The correlation between MAL.TO and UCU.V shifts across timeframes, from 0.07 (all time) to 0.24 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap MAL.TO : CA$1.94B UCU.V : CA$595.19M
EPS MAL.TO : CA$0.79 UCU.V : -CA$0.40
PB Ratio MAL.TO : 2.32 UCU.V : 8.40
Total Revenue (TTM) MAL.TO : CA$1.07B UCU.V : CA$0.00
Gross Profit (TTM) MAL.TO : CA$151.69M UCU.V : -CA$1.84M
EBITDA (TTM) MAL.TO : CA$115.01M UCU.V : -CA$31.97M

Return for Risk

MAL.TO vs. UCU.V — Risk / Return Rank

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

MAL.TO

MAL.TO Risk / Return Rank: 89
MAL.TO Sharpe Ratio Rank: 92
MAL.TO Sortino Ratio Rank: 89
MAL.TO Omega Ratio Rank: 87
MAL.TO Calmar Ratio Rank: 90
MAL.TO Martin Ratio Rank: 86

UCU.V

UCU.V Risk / Return Rank: 89
UCU.V Sharpe Ratio Rank: 92
UCU.V Sortino Ratio Rank: 89
UCU.V Omega Ratio Rank: 85
UCU.V Calmar Ratio Rank: 92
UCU.V Martin Ratio Rank: 85

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.

MAL.TO vs. UCU.V - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Magellan Aerospace Corporation (MAL.TO) and Ucore Rare Metals Inc (UCU.V). 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	UCU.V	Difference
Sharpe ratio: Return per unit of total volatility	2.30	2.44	-0.14
Sortino ratio: Return per unit of downside risk	3.06	3.03	+0.03
Omega ratio: Gain probability vs. loss probability	1.37	1.35	+0.02
Calmar ratio: Return relative to maximum drawdown	4.45	5.06	-0.61
Martin ratio: Return relative to average drawdown	9.13	8.03	+1.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MAL.TO vs. UCU.V - Sharpe Ratio Comparison

The current MAL.TO Sharpe Ratio is 2.30, which is comparable to the UCU.V Sharpe Ratio of 2.44. The chart below compares the historical Sharpe Ratios of MAL.TO and UCU.V, 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

	MAL.TO	UCU.V	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.30	2.44	-0.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.83	0.40	+0.43
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.25	0.06	+0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.01	+0.11

Drawdowns

MAL.TO vs. UCU.V - Drawdown Comparison

The maximum MAL.TO drawdown since its inception was -98.40%, roughly equal to the maximum UCU.V drawdown of -98.60%. Use the drawdown chart below to compare losses from any high point for MAL.TO and UCU.V.

Drawdown Indicators

	MAL.TO	UCU.V	Difference
Max Drawdown Largest peak-to-trough decline	-98.40%	-98.60%	+0.20%
Max Drawdown (1Y) Largest decline over 1 year	-22.77%	-59.01%	+36.24%
Max Drawdown (3Y) Largest decline over 3 years	-22.77%	-59.01%	+36.24%
Max Drawdown (5Y) Largest decline over 5 years	-35.44%	-65.81%	+30.37%
Max Drawdown (10Y) Largest decline over 10 years	-75.12%	-83.62%	+8.50%
Current Drawdown Current decline from peak	0.00%	-60.73%	+60.73%
Average Drawdown Average peak-to-trough decline	-45.08%	-80.87%	+35.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.07%	37.10%	-26.03%

Volatility

MAL.TO vs. UCU.V - Volatility Comparison

The current volatility for Magellan Aerospace Corporation (MAL.TO) is 19.03%, while Ucore Rare Metals Inc (UCU.V) has a volatility of 25.95%. This indicates that MAL.TO experiences smaller price fluctuations and is considered to be less risky than UCU.V based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MAL.TO	UCU.V	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.03%	25.95%	-6.92%
Volatility (6M) Calculated over the trailing 6-month period	36.31%	69.56%	-33.25%
Volatility (1Y) Calculated over the trailing 1-year period	44.17%	122.63%	-78.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.58%	87.21%	-52.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.29%	92.83%	-57.54%

Dividends

MAL.TO vs. UCU.V - Dividend Comparison

MAL.TO's dividend yield for the trailing twelve months is around 0.59%, while UCU.V has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
UCU.V Ucore Rare Metals Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both MAL.TO and UCU.V in my portfolio?

MAL.TO and UCU.V have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.