OLA.TO vs. III.L

Last updated Jun 13, 2026

OLA.TO (Orla Mining Ltd.) and III.L (3I Group plc) are both stocks. OLA.TO operates in Gold (Basic Materials), while III.L operates in Investment Banking & Investment Services (Financial Services). Over the past 5 years, OLA.TO returned 21.76%/yr vs 18.53%/yr for III.L. At a 0.12 correlation, their price movements are largely independent.

Performance

OLA.TO vs. III.L - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Orla Mining Ltd. (OLA.TO) and 3I Group plc (III.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

OLA.TO is traded in CAD, while III.L is traded in GBp. To make them comparable, the III.L values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, OLA.TO achieves a -19.10% return, which is significantly higher than III.L's -28.06% return.

OLA.TO

• 1D: 3.19%
• 1M: -25.15%
• YTD: -19.10%
• 6M: -17.03%
• 1Y: -0.44%
• 3Y*: 41.06%
• 5Y*: 21.76%
• 10Y*: —

III.L

• 1D: 3.91%
• 1M: -3.53%
• YTD: -28.06%
• 6M: -24.88%
• 1Y: -43.26%
• 3Y*: 10.85%
• 5Y*: 18.53%
• 10Y*: 20.25%

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

OLA.TO vs. III.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OLA.TO Orla Mining Ltd.	-19.10%	131.91%	84.26%	-21.17%	13.46%	-29.59%	243.00%	90.48%	-41.01%	31.85%
III.L 3I Group plc	-28.06%	-3.98%	60.11%	90.60%	-8.31%	27.75%	10.03%	46.71%	-9.76%	34.99%

Correlation

The correlation between OLA.TO and III.L is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.15
Correlation (All Time) Calculated using the full available price history since Feb 9, 2017	0.12

Fundamentals

Market Cap OLA.TO : CA$5.95B III.L : £23.50B
EPS OLA.TO : CA$0.82 III.L : £10.41
PE Ratio OLA.TO : 18.13 III.L : 2.22
PEG Ratio OLA.TO : 0.29 III.L : 0.27
PS Ratio OLA.TO : 3.56 III.L : 10.82
PB Ratio OLA.TO : 5.64 III.L : 0.76
Total Revenue (TTM) OLA.TO : CA$1.59B III.L : £2.12B
Gross Profit (TTM) OLA.TO : CA$848.41M III.L : £5.57B
EBITDA (TTM) OLA.TO : CA$966.01M III.L : £9.82B

Return for Risk

OLA.TO vs. III.L — Risk / Return Rank

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

OLA.TO

OLA.TO Risk / Return Rank: 43
OLA.TO Sharpe Ratio Rank: 42
OLA.TO Sortino Ratio Rank: 44
OLA.TO Omega Ratio Rank: 44
OLA.TO Calmar Ratio Rank: 42
OLA.TO Martin Ratio Rank: 42

III.L

III.L Risk / Return Rank: 7
III.L Sharpe Ratio Rank: 5
III.L Sortino Ratio Rank: 8
III.L Omega Ratio Rank: 6
III.L Calmar Ratio Rank: 11
III.L Martin Ratio Rank: 4

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.

OLA.TO vs. III.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Orla Mining Ltd. (OLA.TO) and 3I Group plc (III.L). 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.

	OLA.TO	III.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.01	-0.98	+0.98
Sortino ratio: Return per unit of downside risk	0.51	-1.29	+1.80
Omega ratio: Gain probability vs. loss probability	1.06	0.81	+0.25
Calmar ratio: Return relative to maximum drawdown	-0.01	-0.81	+0.80
Martin ratio: Return relative to average drawdown	-0.02	-1.59	+1.57

OLA.TO vs. III.L - Sharpe Ratio Comparison

The current OLA.TO Sharpe Ratio is -0.01, which is higher than the III.L Sharpe Ratio of -0.98. The chart below compares the historical Sharpe Ratios of OLA.TO and III.L, 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

OLA.TO vs. III.L - Drawdown Comparison

The maximum OLA.TO drawdown since its inception was -56.61%, smaller than the maximum III.L drawdown of -86.83%. Use the drawdown chart below to compare losses from any high point for OLA.TO and III.L.

Drawdown Indicators

	OLA.TO	III.L	Difference
Max Drawdown Largest peak-to-trough decline	-56.61%	-86.83%	+30.22%
Max Drawdown (1Y) Largest decline over 1 year	-53.97%	-53.25%	-0.72%
Max Drawdown (3Y) Largest decline over 3 years	-53.97%	-53.25%	-0.72%
Max Drawdown (5Y) Largest decline over 5 years	-53.97%	-53.25%	-0.72%
Max Drawdown (10Y) Largest decline over 10 years	—	-53.25%	—
Current Drawdown Current decline from peak	-49.72%	-47.45%	-2.27%
Average Drawdown Average peak-to-trough decline	-21.30%	-27.00%	+5.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.42%	27.24%	-5.82%

Volatility

OLA.TO vs. III.L - Volatility Comparison

Orla Mining Ltd. (OLA.TO) has a higher volatility of 22.93% compared to 3I Group plc (III.L) at 19.10%. This indicates that OLA.TO's price experiences larger fluctuations and is considered to be riskier than III.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OLA.TO	III.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.93%	19.10%	+3.83%
Volatility (6M) Calculated over the trailing 6-month period	51.49%	37.60%	+13.89%
Volatility (1Y) Calculated over the trailing 1-year period	73.11%	43.97%	+29.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.43%	33.25%	+25.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.71%	33.18%	+23.53%

Dividends

OLA.TO vs. III.L - Dividend Comparison

OLA.TO's dividend yield for the trailing twelve months is around 0.28%, less than III.L's 3.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
III.L 3I Group plc	3.42%	2.42%	1.82%	2.32%	3.76%	2.78%	3.02%	3.42%	4.78%	2.90%	3.41%	2.37%
OLA.TO Orla Mining Ltd.	0.28%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both OLA.TO and III.L in my portfolio?

OLA.TO and III.L have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.