MNG.L vs. RIO
MNG.L (M&G plc) and RIO (Rio Tinto Group) are both stocks. MNG.L operates in Asset Management (Financial Services), while RIO operates in Other Industrial Metals & Mining (Basic Materials). Over the past 5 years, MNG.L returned 15.06%/yr vs 12.15%/yr for RIO. At a 0.21 correlation, their price movements are largely independent.
Performance
MNG.L vs. RIO - Performance Comparison
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Different Trading Currencies
MNG.L is traded in GBp, while RIO is traded in USD. To make them comparable, the RIO 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 RIO's 30.63% 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*
- —
RIO
- 1D
- 0.00%
- 1M
- -2.35%
- YTD
- 30.63%
- 6M
- 41.56%
- 1Y
- 82.11%
- 3Y*
- 20.93%
- 5Y*
- 12.15%
- 10Y*
- 22.53%
MNG.L vs. RIO - 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% |
RIO Rio Tinto Group | 30.90% | 34.17% | -13.88% | 5.51% | 32.56% | -2.76% | 32.22% | 14.14% |
Correlation
The correlation between MNG.L and RIO is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Oct 21, 2019 | 0.21 |
Fundamentals
MNG.L:
£8.01B
RIO:
$165.37B
MNG.L:
-£0.02
RIO:
$13.11
MNG.L:
0.29
RIO:
1.48
MNG.L:
2.56
RIO:
2.66
MNG.L:
£27.20B
RIO:
$111.41B
MNG.L:
£28.73B
RIO:
$31.10B
MNG.L:
£2.40B
RIO:
$40.42B
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Return for Risk
MNG.L vs. RIO — Risk / Return Rank
MNG.L
RIO
MNG.L vs. RIO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for M&G plc (MNG.L) and Rio Tinto Group (RIO). 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 | RIO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.48 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.24 | 5.97 | -2.73 |
| Martin ratioReturn relative to average drawdown | 11.56 | 24.05 | -12.50 |
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
| MNG.L | RIO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.08 | 3.11 | -1.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | 0.46 | +0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.79 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.25 | +0.16 |
Drawdowns
MNG.L vs. RIO - Drawdown Comparison
The maximum MNG.L drawdown since its inception was -62.75%, smaller than the maximum RIO drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for MNG.L and RIO.
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Drawdown Indicators
| MNG.L | RIO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.75% | -85.30% | +22.55% |
Max Drawdown (1Y)Largest decline over 1 year | -11.72% | -13.82% | +2.10% |
Max Drawdown (3Y)Largest decline over 3 years | -18.34% | -24.61% | +6.27% |
Max Drawdown (5Y)Largest decline over 5 years | -27.30% | -27.80% | +0.50% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.21% | — |
Current DrawdownCurrent decline from peak | -0.92% | -8.97% | +8.05% |
Average DrawdownAverage peak-to-trough decline | -10.47% | -25.08% | +14.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.29% | 3.42% | -0.13% |
Volatility
MNG.L vs. RIO - Volatility Comparison
The current volatility for M&G plc (MNG.L) is 4.96%, while Rio Tinto Group (RIO) has a volatility of 10.53%. This indicates that MNG.L experiences smaller price fluctuations and is considered to be less risky than RIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MNG.L | RIO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.96% | 10.53% | -5.57% |
Volatility (6M)Calculated over the trailing 6-month period | 14.64% | 21.75% | -7.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.33% | 26.56% | -8.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.10% | 26.41% | -2.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.63% | 28.76% | +7.87% |
Dividends
MNG.L vs. RIO - Dividend Comparison
MNG.L's dividend yield for the trailing twelve months is around 6.55%, more than RIO's 3.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MNG.L M&G plc | 6.55% | 7.05% | 10.01% | 8.95% | 9.80% | 9.19% | 4.98% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RIO Rio Tinto Group | 3.98% | 4.66% | 7.40% | 5.40% | 10.48% | 10.23% | 5.13% | 7.68% | 6.32% | 4.47% | 3.93% | 7.58% |
Financials
MNG.L vs. RIO - Financials Comparison
This section allows you to compare key financial metrics between M&G plc and Rio Tinto Group. 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
MNG.L vs. RIO - Profitability Comparison
MNG.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, M&G plc reported a gross profit of 13.84B and revenue of 13.84B. Therefore, the gross margin over that period was 100.0%.
RIO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Rio Tinto Group reported a gross profit of 8.15B and revenue of 30.65B. Therefore, the gross margin over that period was 26.6%.
MNG.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, M&G plc reported an operating income of 751.00M and revenue of 13.84B, resulting in an operating margin of 5.4%.
RIO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Rio Tinto Group reported an operating income of 8.15B and revenue of 30.65B, resulting in an operating margin of 26.6%.
MNG.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, M&G plc reported a net income of 59.00M and revenue of 13.84B, resulting in a net margin of 0.4%.
RIO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Rio Tinto Group reported a net income of 5.42B and revenue of 30.65B, resulting in a net margin of 17.7%.
Frequently Asked Questions
MNG.L and RIO have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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