MP vs. SMNEY

Last updated Jun 9, 2026

MP (MP Materials Corp.) and SMNEY (Siemens Energy AG) are both stocks. MP operates in Other Industrial Metals & Mining (Basic Materials), while SMNEY operates in Specialty Industrial Machinery (Industrials). At a 0.27 correlation, their price movements are largely independent.

Performance

MP vs. SMNEY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MP Materials Corp. (MP) and Siemens Energy AG (SMNEY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MP

• 1D: -2.70%
• 1M: -14.61%
• YTD: 13.97%
• 6M: -5.92%
• 1Y: 124.05%
• 3Y*: 38.10%
• 5Y*: 11.32%
• 10Y*: —

SMNEY

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MP vs. SMNEY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
MP MP Materials Corp.	13.97%	223.85%	-21.41%	-18.25%	-46.54%	41.19%	21.72%
SMNEY Siemens Energy AG	25.32%	167.97%	298.17%	-29.76%	-27.66%	-31.90%	21.11%

Correlation

The correlation between MP and SMNEY 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	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (All Time) Calculated using the full available price history since Dec 14, 2020	0.27

Over the past year, the correlation between MP and SMNEY has dropped to 0.07 - well below their long-term average of 0.27, suggesting their price drivers have been diverging.

Fundamentals

EPS MP : -$0.53 SMNEY : $2.16
PS Ratio MP : 25.37 SMNEY : 3.93
Total Revenue (TTM) MP : $305.30M SMNEY : $39.81B
Gross Profit (TTM) MP : $25.30M SMNEY : $7.27B
EBITDA (TTM) MP : $1.52M SMNEY : $4.73B

Return for Risk

MP vs. SMNEY — Risk / Return Rank

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

MP

MP Risk / Return Rank: 78
MP Sharpe Ratio Rank: 79
MP Sortino Ratio Rank: 83
MP Omega Ratio Rank: 78
MP Calmar Ratio Rank: 78
MP Martin Ratio Rank: 72

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.

MP vs. SMNEY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MP Materials Corp. (MP) and Siemens Energy AG (SMNEY). 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.

	MP	SMNEY	Difference
Sharpe ratio: Return per unit of total volatility	1.33	—	—
Sortino ratio: Return per unit of downside risk	2.43	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	2.32	—	—
Martin ratio: Return relative to average drawdown	3.93	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MP	SMNEY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.33	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.16	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	—	—

Drawdowns

Drawdown Indicators

	MP	SMNEY	Difference
Max Drawdown Largest peak-to-trough decline	-81.99%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-53.79%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-59.47%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-81.99%	—	—
Current Drawdown Current decline from peak	-41.63%	—	—
Average Drawdown Average peak-to-trough decline	-42.62%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	31.68%	—	—

Volatility

Volatility by Period

	MP	SMNEY	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.35%	—	—
Volatility (6M) Calculated over the trailing 6-month period	51.12%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	93.82%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	69.62%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.68%	—	—

Dividends

MP vs. SMNEY - Dividend Comparison

Neither MP nor SMNEY has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
MP MP Materials Corp.	0.00%	0.00%	0.00%	0.00%	0.00%
SMNEY Siemens Energy AG	0.00%	0.00%	0.00%	0.00%	0.61%

Financials

MP vs. SMNEY - Profitability Comparison

The chart below illustrates the profitability comparison between MP Materials Corp. and Siemens Energy AG over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MP Materials Corp. reported a gross profit of 0.00 and revenue of 90.65M. Therefore, the gross margin over that period was 0.0%.

SMNEY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Siemens Energy AG reported a gross profit of 2.09B and revenue of 9.68B. Therefore, the gross margin over that period was 21.6%.

MP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MP Materials Corp. reported an operating income of 0.00 and revenue of 90.65M, resulting in an operating margin of 0.0%.

SMNEY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Siemens Energy AG reported an operating income of 962.00M and revenue of 9.68B, resulting in an operating margin of 9.9%.

MP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MP Materials Corp. reported a net income of -7.97M and revenue of 90.65M, resulting in a net margin of -8.8%.

SMNEY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Siemens Energy AG reported a net income of 677.00M and revenue of 9.68B, resulting in a net margin of 7.0%.

Frequently Asked Questions

Can I hold both MP and SMNEY in my portfolio?

MP and SMNEY 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.