NXT.L vs. LUG.TO
NXT.L (Next plc) and LUG.TO (Lundin Gold Inc.) are both stocks. NXT.L operates in Apparel Retail (Consumer Cyclical), while LUG.TO operates in Gold (Basic Materials). Over the past 10 years, NXT.L returned 13.43%/yr vs 31.85%/yr for LUG.TO. At a 0.04 correlation, their price movements are largely independent.
Performance
NXT.L vs. LUG.TO - Performance Comparison
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Different Trading Currencies
NXT.L is traded in GBp, while LUG.TO is traded in CAD. To make them comparable, the LUG.TO values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, NXT.L achieves a 1.52% return, which is significantly higher than LUG.TO's -25.24% return. Over the past 10 years, NXT.L has underperformed LUG.TO with an annualized return of 13.43%, while LUG.TO has yielded a comparatively higher 31.85% annualized return.
NXT.L
- 1D
- 1.50%
- 1M
- 7.17%
- YTD
- 1.52%
- 6M
- -2.20%
- 1Y
- 9.85%
- 3Y*
- 32.21%
- 5Y*
- 14.21%
- 10Y*
- 13.43%
LUG.TO
- 1D
- -2.19%
- 1M
- -3.93%
- YTD
- -25.24%
- 6M
- -22.01%
- 1Y
- 28.56%
- 3Y*
- 71.67%
- 5Y*
- 51.46%
- 10Y*
- 31.85%
NXT.L vs. LUG.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NXT.L Next plc | 1.52% | 46.85% | 19.71% | 43.86% | -24.92% | 16.60% | 0.97% | 81.00% | -8.33% | -2.52% |
LUG.TO Lundin Gold Inc. | -25.24% | 280.86% | 79.55% | 25.89% | 36.37% | -3.05% | 29.91% | 68.60% | 7.62% | -15.90% |
Correlation
The correlation between NXT.L and LUG.TO is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since May 7, 2009 | 0.04 |
The correlation between NXT.L and LUG.TO shifts across timeframes, from 0.03 (10 years) to 0.13 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
NXT.L:
£16.57B
LUG.TO:
CA$20.61B
NXT.L:
£11.72
LUG.TO:
CA$3.77
NXT.L:
11.54
LUG.TO:
22.50
NXT.L:
1.16
LUG.TO:
0.30
NXT.L:
1.44
LUG.TO:
10.29
NXT.L:
9.96
LUG.TO:
15.12
NXT.L:
£11.39B
LUG.TO:
CA$2.00B
NXT.L:
£5.00B
LUG.TO:
CA$1.41B
NXT.L:
£2.41B
LUG.TO:
CA$1.43B
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Return for Risk
NXT.L vs. LUG.TO — Risk / Return Rank
NXT.L
LUG.TO
NXT.L vs. LUG.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Next plc (NXT.L) and Lundin Gold Inc. (LUG.TO). 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.
| NXT.L | LUG.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.13 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.66 | 0.83 | -0.18 |
| Martin ratioReturn relative to average drawdown | 1.58 | 2.18 | -0.61 |
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
| NXT.L | LUG.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.42 | 0.52 | -0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 1.12 | -0.58 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.73 | -0.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.29 | +0.19 |
Drawdowns
NXT.L vs. LUG.TO - Drawdown Comparison
The maximum NXT.L drawdown since its inception was -91.55%, which is greater than LUG.TO's maximum drawdown of -79.36%. Use the drawdown chart below to compare losses from any high point for NXT.L and LUG.TO.
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Drawdown Indicators
| NXT.L | LUG.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.55% | -79.36% | -12.19% |
Max Drawdown (1Y)Largest decline over 1 year | -14.96% | -34.44% | +19.48% |
Max Drawdown (3Y)Largest decline over 3 years | -14.96% | -34.44% | +19.48% |
Max Drawdown (5Y)Largest decline over 5 years | -45.80% | -34.44% | -11.36% |
Max Drawdown (10Y)Largest decline over 10 years | -53.81% | -41.74% | -12.07% |
Current DrawdownCurrent decline from peak | -4.16% | -34.04% | +29.88% |
Average DrawdownAverage peak-to-trough decline | -17.06% | -35.82% | +18.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.19% | 13.13% | -6.94% |
Volatility
NXT.L vs. LUG.TO - Volatility Comparison
The current volatility for Next plc (NXT.L) is 7.69%, while Lundin Gold Inc. (LUG.TO) has a volatility of 17.17%. This indicates that NXT.L experiences smaller price fluctuations and is considered to be less risky than LUG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NXT.L | LUG.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.69% | 17.17% | -9.48% |
Volatility (6M)Calculated over the trailing 6-month period | 16.70% | 40.22% | -23.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.17% | 54.96% | -31.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.30% | 46.12% | -19.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.22% | 43.59% | -12.37% |
Dividends
NXT.L vs. LUG.TO - Dividend Comparison
NXT.L's dividend yield for the trailing twelve months is around 4.47%, less than LUG.TO's 5.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LUG.TO Lundin Gold Inc. | 5.20% | 3.37% | 2.69% | 3.28% | 1.97% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NXT.L Next plc | 4.47% | 1.79% | 2.27% | 2.54% | 6.08% | 1.35% | 0.00% | 2.39% | 5.14% | 6.48% | 4.37% | 5.25% |
Financials
NXT.L vs. LUG.TO - Financials Comparison
This section allows you to compare key financial metrics between Next plc and Lundin Gold Inc.. 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
NXT.L vs. LUG.TO - Profitability Comparison
NXT.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Next plc reported a gross profit of 1.68B and revenue of 3.76B. Therefore, the gross margin over that period was 44.6%.
LUG.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lundin Gold Inc. reported a gross profit of 420.70M and revenue of 567.38M. Therefore, the gross margin over that period was 74.2%.
NXT.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Next plc reported an operating income of 730.10M and revenue of 3.76B, resulting in an operating margin of 19.4%.
LUG.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lundin Gold Inc. reported an operating income of 391.03M and revenue of 567.38M, resulting in an operating margin of 68.9%.
NXT.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Next plc reported a net income of 509.00M and revenue of 3.76B, resulting in a net margin of 13.6%.
LUG.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lundin Gold Inc. reported a net income of 273.33M and revenue of 567.38M, resulting in a net margin of 48.2%.
Frequently Asked Questions
NXT.L and LUG.TO have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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