MKA.L vs. WDC
MKA.L (Mkango Resources Ltd) and WDC (Western Digital Corporation) are both stocks. MKA.L operates in Other Industrial Metals & Mining (Basic Materials), while WDC operates in Computer Hardware (Technology). Over the past 5 years, MKA.L returned 6.89%/yr vs 60.15%/yr for WDC. At a 0.05 correlation, their price movements are largely independent.
Performance
MKA.L vs. WDC - Performance Comparison
Loading charts...
Different Trading Currencies
MKA.L is traded in GBp, while WDC is traded in USD. To make them comparable, the WDC values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, MKA.L achieves a -7.74% return, which is significantly lower than WDC's 228.68% return.
MKA.L
- 1D
- 2.14%
- 1M
- -4.67%
- YTD
- -7.74%
- 6M
- -17.50%
- 1Y
- 160.00%
- 3Y*
- 57.41%
- 5Y*
- 6.89%
- 10Y*
- —
WDC
- 1D
- 6.45%
- 1M
- 14.96%
- YTD
- 228.68%
- 6M
- 218.67%
- 1Y
- 927.98%
- 3Y*
- 158.85%
- 5Y*
- 60.15%
- 10Y*
- 34.56%
MKA.L vs. WDC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MKA.L Mkango Resources Ltd | -7.74% | 484.91% | -30.87% | -6.12% | -60.48% | 77.14% | 103.49% | -0.00% | 18.62% | 123.08% |
WDC Western Digital Corporation | 228.68% | 256.34% | 15.85% | 57.69% | -45.87% | 18.84% | -13.50% | 70.40% | -49.05% | 9.47% |
Correlation
The correlation between MKA.L and WDC is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jun 15, 2016 | 0.05 |
Fundamentals
MKA.L:
-$0.04
WDC:
$23.29
MKA.L:
3.72K
WDC:
13.31
MKA.L:
$50.78K
WDC:
$11.78B
MKA.L:
-$544.15K
WDC:
$5.35B
MKA.L:
-$17.87M
WDC:
$10.88B
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
MKA.L vs. WDC — Risk / Return Rank
MKA.L
WDC
MKA.L vs. WDC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mkango Resources Ltd (MKA.L) and Western Digital Corporation (WDC). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MKA.L | WDC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -12.89 | ||
| Sortino ratioReturn per unit of downside risk | -4.42 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.98 | -0.68 |
| Calmar ratioReturn relative to maximum drawdown | 3.09 | 47.74 | -44.65 |
| Martin ratioReturn relative to average drawdown | 6.25 | 158.76 | -152.51 |
Loading charts...
Drawdowns
MKA.L vs. WDC - Drawdown Comparison
The maximum MKA.L drawdown since its inception was -88.80%, which is greater than WDC's maximum drawdown of -66.97%. Use the drawdown chart below to compare losses from any high point for MKA.L and WDC.
Loading charts...
Drawdown Indicators
| MKA.L | WDC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.80% | -66.97% | -21.83% |
Max Drawdown (1Y)Largest decline over 1 year | -51.45% | -19.64% | -31.81% |
Max Drawdown (3Y)Largest decline over 3 years | -67.06% | -50.35% | -16.71% |
Max Drawdown (5Y)Largest decline over 5 years | -88.80% | -52.76% | -36.04% |
Max Drawdown (10Y)Largest decline over 10 years | -88.80% | -64.51% | -24.29% |
Current DrawdownCurrent decline from peak | -37.83% | -5.13% | -32.70% |
Average DrawdownAverage peak-to-trough decline | -43.09% | -26.93% | -16.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.50% | 5.89% | +19.61% |
Volatility
MKA.L vs. WDC - Volatility Comparison
Mkango Resources Ltd (MKA.L) and Western Digital Corporation (WDC) have volatilities of 22.52% and 21.52%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MKA.L | WDC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.52% | 21.52% | +1.00% |
Volatility (6M)Calculated over the trailing 6-month period | 48.28% | 52.10% | -3.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 94.98% | 64.38% | +30.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 77.51% | 47.56% | +29.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 96.26% | 47.75% | +48.51% |
Dividends
MKA.L vs. WDC - Dividend Comparison
MKA.L has not paid dividends to shareholders, while WDC's dividend yield for the trailing twelve months is around 0.09%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MKA.L Mkango Resources Ltd | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WDC Western Digital Corporation | 0.09% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 1.81% | 2.36% | 5.41% | 2.51% | 2.94% | 3.33% |
Financials
MKA.L vs. WDC - Financials Comparison
This section allows you to compare key financial metrics between Mkango Resources Ltd and Western Digital 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
Frequently Asked Questions
MKA.L and WDC have a correlation of 0.12, 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 MKA.L and WDC
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