NDA.DE vs. ILU.AX

Last updated Jun 4, 2026

NDA.DE (Aurubis AG) and ILU.AX (Iluka Resources Limited) are both stocks. NDA.DE operates in Metal Fabrication (Industrials), while ILU.AX operates in Other Industrial Metals & Mining (Basic Materials). Over the past 10 years, NDA.DE returned 19.65%/yr vs 12.94%/yr for ILU.AX. At a 0.20 correlation, their price movements are largely independent.

Performance

NDA.DE vs. ILU.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Aurubis AG (NDA.DE) and Iluka Resources Limited (ILU.AX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

NDA.DE is traded in EUR, while ILU.AX is traded in AUD. To make them comparable, the ILU.AX values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, NDA.DE achieves a 78.25% return, which is significantly higher than ILU.AX's 51.55% return. Over the past 10 years, NDA.DE has outperformed ILU.AX with an annualized return of 19.65%, while ILU.AX has yielded a comparatively lower 12.94% annualized return.

NDA.DE

• 1D: 0.37%
• 1M: 22.32%
• YTD: 78.25%
• 6M: 86.66%
• 1Y: 176.38%
• 3Y*: 43.87%
• 5Y*: 24.70%
• 10Y*: 19.65%

ILU.AX

• 1D: 1.59%
• 1M: -2.25%
• YTD: 51.55%
• 6M: 32.94%
• 1Y: 145.92%
• 3Y*: -9.96%
• 5Y*: 2.91%
• 10Y*: 12.94%

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

NDA.DE vs. ILU.AX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NDA.DE Aurubis AG	78.25%	64.90%	5.70%	-0.93%	-11.95%	43.34%	19.62%	30.80%	-43.08%	44.78%
ILU.AX Iluka Resources Limited	51.55%	10.31%	-24.95%	-31.37%	2.22%	60.42%	41.09%	31.85%	-24.04%	34.68%

Correlation

The correlation between NDA.DE and ILU.AX is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (10Y) Calculated over the trailing 10-year period	0.21
Correlation (All Time) Calculated using the full available price history since Aug 27, 2007	0.20

Return for Risk

NDA.DE vs. ILU.AX — Risk / Return Rank

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

NDA.DE

NDA.DE Risk / Return Rank: 98
NDA.DE Sharpe Ratio Rank: 98
NDA.DE Sortino Ratio Rank: 98
NDA.DE Omega Ratio Rank: 97
NDA.DE Calmar Ratio Rank: 98
NDA.DE Martin Ratio Rank: 98

ILU.AX

ILU.AX Risk / Return Rank: 83
ILU.AX Sharpe Ratio Rank: 88
ILU.AX Sortino Ratio Rank: 84
ILU.AX Omega Ratio Rank: 84
ILU.AX Calmar Ratio Rank: 80
ILU.AX Martin Ratio Rank: 77

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.

NDA.DE vs. ILU.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aurubis AG (NDA.DE) and Iluka Resources Limited (ILU.AX). 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.

	NDA.DE	ILU.AX	Difference
Sharpe ratio: Return per unit of total volatility	4.83	2.34	+2.49
Sortino ratio: Return per unit of downside risk	5.26	2.79	+2.47
Omega ratio: Gain probability vs. loss probability	1.67	1.37	+0.30
Calmar ratio: Return relative to maximum drawdown	11.47	3.31	+8.16
Martin ratio: Return relative to average drawdown	34.83	6.85	+27.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NDA.DE vs. ILU.AX - Sharpe Ratio Comparison

The current NDA.DE Sharpe Ratio is 4.83, which is higher than the ILU.AX Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of NDA.DE and ILU.AX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NDA.DE	ILU.AX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.83	2.34	+2.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	0.06	+0.59
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	0.31	+0.25
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.22	+0.19

Drawdowns

NDA.DE vs. ILU.AX - Drawdown Comparison

The maximum NDA.DE drawdown since its inception was -59.28%, smaller than the maximum ILU.AX drawdown of -77.01%. Use the drawdown chart below to compare losses from any high point for NDA.DE and ILU.AX.

Drawdown Indicators

	NDA.DE	ILU.AX	Difference
Max Drawdown Largest peak-to-trough decline	-59.28%	-77.01%	+17.73%
Max Drawdown (1Y) Largest decline over 1 year	-15.28%	-43.51%	+28.23%
Max Drawdown (3Y) Largest decline over 3 years	-31.33%	-75.89%	+44.56%
Max Drawdown (5Y) Largest decline over 5 years	-54.43%	-77.01%	+22.58%
Max Drawdown (10Y) Largest decline over 10 years	-59.28%	-77.01%	+17.73%
Current Drawdown Current decline from peak	0.00%	-34.83%	+34.83%
Average Drawdown Average peak-to-trough decline	-18.13%	-37.27%	+19.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.04%	21.06%	-16.02%

Volatility

NDA.DE vs. ILU.AX - Volatility Comparison

Aurubis AG (NDA.DE) has a higher volatility of 13.21% compared to Iluka Resources Limited (ILU.AX) at 10.94%. This indicates that NDA.DE's price experiences larger fluctuations and is considered to be riskier than ILU.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NDA.DE	ILU.AX	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.21%	10.94%	+2.27%
Volatility (6M) Calculated over the trailing 6-month period	28.16%	39.45%	-11.29%
Volatility (1Y) Calculated over the trailing 1-year period	36.35%	61.74%	-25.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.31%	44.82%	-7.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.59%	41.19%	-6.60%

Dividends

NDA.DE vs. ILU.AX - Dividend Comparison

NDA.DE's dividend yield for the trailing twelve months is around 0.73%, more than ILU.AX's 0.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ILU.AX Iluka Resources Limited	0.62%	1.04%	1.58%	3.48%	3.88%	1.45%	1.29%	5.33%	9.48%	1.22%	6.24%	6.40%
NDA.DE Aurubis AG	0.73%	1.21%	1.83%	2.42%	2.10%	2.76%	1.96%	2.83%	3.35%	1.61%	2.46%	2.13%

Financials

Frequently Asked Questions

Can I hold both NDA.DE and ILU.AX in my portfolio?

NDA.DE and ILU.AX have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.