MNG.L vs. GRP.IR
MNG.L (M&G plc) and GRP.IR (Greencoat Renewables PLC) are both stocks. MNG.L operates in Asset Management (Financial Services), while GRP.IR operates in Utilities - Renewable (Utilities). Over the past 5 years, MNG.L returned 15.06%/yr vs -0.58%/yr for GRP.IR. At a 0.05 correlation, their price movements are largely independent.
Performance
MNG.L vs. GRP.IR - Performance Comparison
Loading charts...
Different Trading Currencies
MNG.L is traded in GBp, while GRP.IR is traded in EUR. To make them comparable, the GRP.IR values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, MNG.L achieves a 14.56% return, which is significantly lower than GRP.IR's 15.61% return.
MNG.L
- 1D
- 0.38%
- 1M
- 3.50%
- YTD
- 14.56%
- 6M
- 20.35%
- 1Y
- 38.16%
- 3Y*
- 26.25%
- 5Y*
- 15.06%
- 10Y*
- —
GRP.IR
- 1D
- 0.00%
- 1M
- 1.40%
- YTD
- 15.61%
- 6M
- 8.73%
- 1Y
- 11.82%
- 3Y*
- -2.85%
- 5Y*
- -0.58%
- 10Y*
- —
MNG.L vs. GRP.IR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
MNG.L M&G plc | 14.56% | 58.44% | -2.67% | 31.17% | 2.51% | 9.91% | -11.33% | 7.82% |
GRP.IR Greencoat Renewables PLC | 15.61% | -3.66% | -16.87% | -5.91% | 11.84% | -4.35% | 9.32% | 0.49% |
Correlation
The correlation between MNG.L and GRP.IR is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Oct 21, 2019 | 0.05 |
The correlation between MNG.L and GRP.IR shifts across timeframes, from -0.07 (1 year) to 0.10 (3 years), reflecting how their relationship changes across market environments.
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
MNG.L vs. GRP.IR — Risk / Return Rank
MNG.L
GRP.IR
MNG.L vs. GRP.IR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for M&G plc (MNG.L) and Greencoat Renewables PLC (GRP.IR). 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.
| MNG.L | GRP.IR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.48 | ||
| Sortino ratioReturn per unit of downside risk | +1.87 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.12 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 3.24 | 1.01 | +2.23 |
| Martin ratioReturn relative to average drawdown | 11.56 | 2.16 | +9.39 |
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
| MNG.L | GRP.IR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.08 | 0.60 | +1.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | -0.03 | +0.66 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.11 | +0.30 |
Drawdowns
MNG.L vs. GRP.IR - Drawdown Comparison
The maximum MNG.L drawdown since its inception was -62.75%, which is greater than GRP.IR's maximum drawdown of -32.71%. Use the drawdown chart below to compare losses from any high point for MNG.L and GRP.IR.
Loading charts...
Drawdown Indicators
| MNG.L | GRP.IR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.75% | -32.71% | -30.04% |
Max Drawdown (1Y)Largest decline over 1 year | -11.72% | -11.57% | -0.15% |
Max Drawdown (3Y)Largest decline over 3 years | -18.34% | -24.35% | +6.01% |
Max Drawdown (5Y)Largest decline over 5 years | -27.30% | -32.71% | +5.41% |
Current DrawdownCurrent decline from peak | -0.92% | -18.91% | +17.99% |
Average DrawdownAverage peak-to-trough decline | -10.47% | -11.49% | +1.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.29% | 5.41% | -2.12% |
Volatility
MNG.L vs. GRP.IR - Volatility Comparison
The current volatility for M&G plc (MNG.L) is 4.96%, while Greencoat Renewables PLC (GRP.IR) has a volatility of 7.91%. This indicates that MNG.L experiences smaller price fluctuations and is considered to be less risky than GRP.IR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MNG.L | GRP.IR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.96% | 7.91% | -2.95% |
Volatility (6M)Calculated over the trailing 6-month period | 14.64% | 16.84% | -2.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.33% | 19.54% | -1.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.10% | 18.80% | +5.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.63% | 20.93% | +15.70% |
Dividends
MNG.L vs. GRP.IR - Dividend Comparison
MNG.L's dividend yield for the trailing twelve months is around 6.55%, less than GRP.IR's 8.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
GRP.IR Greencoat Renewables PLC | 8.93% | 9.89% | 8.09% | 6.24% | 5.44% | 5.41% | 5.22% | 5.10% | 6.90% |
MNG.L M&G plc | 6.55% | 7.05% | 10.01% | 8.95% | 9.80% | 9.19% | 4.98% | 0.00% | 0.00% |
Financials
MNG.L vs. GRP.IR - Financials Comparison
This section allows you to compare key financial metrics between M&G plc and Greencoat Renewables PLC. 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
MNG.L and GRP.IR have a correlation of -0.07, 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 MNG.L and GRP.IR
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