MNSO vs. VOXR

Last updated Jun 13, 2026

MNSO (MINISO Group Holding Limited) and VOXR (Vox Royalty Corp) are both stocks. MNSO operates in Specialty Retail (Consumer Cyclical), while VOXR operates in Other Precious Metals & Mining (Basic Materials). Over the past 5 years, MNSO returned -8.42%/yr vs 21.87%/yr for VOXR. At a 0.12 correlation, their price movements are largely independent.

Performance

MNSO vs. VOXR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MINISO Group Holding Limited (MNSO) and Vox Royalty Corp (VOXR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MNSO achieves a -28.13% return, which is significantly lower than VOXR's 9.63% return.

MNSO

• 1D: -0.38%
• 1M: -11.56%
• YTD: -28.13%
• 6M: -31.03%
• 1Y: -25.72%
• 3Y*: -5.77%
• 5Y*: -8.42%
• 10Y*: —

VOXR

• 1D: 3.39%
• 1M: -17.52%
• YTD: 9.63%
• 6M: -0.95%
• 1Y: 43.72%
• 3Y*: 32.03%
• 5Y*: 21.87%
• 10Y*: —

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

MNSO vs. VOXR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
MNSO MINISO Group Holding Limited	-28.13%	-18.93%	20.92%	93.11%	6.38%	-60.35%	8.16%
VOXR Vox Royalty Corp	9.63%	105.38%	15.84%	-9.91%	-15.03%	17.52%	18.80%

Correlation

The correlation between MNSO and VOXR is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (All Time) Calculated using the full available price history since Oct 15, 2020	0.12

The correlation between MNSO and VOXR shifts across timeframes, from 0.12 (all time) to 0.31 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap MNSO : $4.03B VOXR : $369.60M
EPS MNSO : CN¥6.65 VOXR : $0.53
PE Ratio MNSO : 13.40 VOXR : 9.75
PEG Ratio MNSO : 0.08 VOXR : 0.01
PS Ratio MNSO : 1.21 VOXR : 10.00
PB Ratio MNSO : 2.50 VOXR : 2.77
Total Revenue (TTM) MNSO : CN¥22.58B VOXR : $29.98M
Gross Profit (TTM) MNSO : CN¥10.10B VOXR : $19.72M
EBITDA (TTM) MNSO : CN¥3.73B VOXR : $25.00M

Return for Risk

MNSO vs. VOXR — Risk / Return Rank

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

MNSO

MNSO Risk / Return Rank: 19
MNSO Sharpe Ratio Rank: 15
MNSO Sortino Ratio Rank: 14
MNSO Omega Ratio Rank: 16
MNSO Calmar Ratio Rank: 25
MNSO Martin Ratio Rank: 24

VOXR

VOXR Risk / Return Rank: 68
VOXR Sharpe Ratio Rank: 69
VOXR Sortino Ratio Rank: 64
VOXR Omega Ratio Rank: 63
VOXR Calmar Ratio Rank: 71
VOXR Martin Ratio Rank: 73

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.

MNSO vs. VOXR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MINISO Group Holding Limited (MNSO) and Vox Royalty Corp (VOXR). 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.

	MNSO	VOXR	Difference
Sharpe ratio: Return per unit of total volatility	-0.65	0.82	-1.46
Sortino ratio: Return per unit of downside risk	-0.90	1.37	-2.27
Omega ratio: Gain probability vs. loss probability	0.90	1.17	-0.27
Calmar ratio: Return relative to maximum drawdown	-0.50	1.60	-2.10
Martin ratio: Return relative to average drawdown	-0.94	4.08	-5.02

MNSO vs. VOXR - Sharpe Ratio Comparison

The current MNSO Sharpe Ratio is -0.65, which is lower than the VOXR Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of MNSO and VOXR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MNSO vs. VOXR - Drawdown Comparison

The maximum MNSO drawdown since its inception was -86.58%, which is greater than VOXR's maximum drawdown of -46.36%. Use the drawdown chart below to compare losses from any high point for MNSO and VOXR.

Drawdown Indicators

	MNSO	VOXR	Difference
Max Drawdown Largest peak-to-trough decline	-86.58%	-46.36%	-40.22%
Max Drawdown (1Y) Largest decline over 1 year	-51.47%	-27.53%	-23.94%
Max Drawdown (3Y) Largest decline over 3 years	-54.05%	-31.56%	-22.49%
Max Drawdown (5Y) Largest decline over 5 years	-80.24%	-46.36%	-33.88%
Current Drawdown Current decline from peak	-56.44%	-19.19%	-37.25%
Average Drawdown Average peak-to-trough decline	-45.53%	-18.87%	-26.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	27.33%	10.76%	+16.57%

Volatility

MNSO vs. VOXR - Volatility Comparison

The current volatility for MINISO Group Holding Limited (MNSO) is 9.60%, while Vox Royalty Corp (VOXR) has a volatility of 19.27%. This indicates that MNSO experiences smaller price fluctuations and is considered to be less risky than VOXR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MNSO	VOXR	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.60%	19.27%	-9.67%
Volatility (6M) Calculated over the trailing 6-month period	23.05%	41.40%	-18.35%
Volatility (1Y) Calculated over the trailing 1-year period	39.85%	53.88%	-14.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.13%	50.16%	+16.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.59%	51.08%	+17.51%

Dividends

MNSO vs. VOXR - Dividend Comparison

MNSO's dividend yield for the trailing twelve months is around 5.06%, more than VOXR's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021
MNSO MINISO Group Holding Limited	5.06%	3.29%	2.36%	2.02%	1.60%	1.51%
VOXR Vox Royalty Corp	1.01%	1.05%	2.05%	2.14%	0.58%	0.00%

Financials

Frequently Asked Questions

Can I hold both MNSO and VOXR in my portfolio?

MNSO and VOXR have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MNSO or VOXR?

VOXR has higher volatility (19.27%) compared to MNSO (9.60%). In terms of maximum drawdown, MNSO dropped -86.58% vs VOXR's -46.36%.

Which has better risk-adjusted returns?

VOXR currently has the higher Sharpe Ratio (0.82 vs -0.65), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.