PDN.TO vs. LYC.AX
PDN.TO (Paladin Energy Ltd) and LYC.AX (Lynas Rare Earths Limited) are both stocks. PDN.TO operates in Uranium (Energy), while LYC.AX operates in Other Industrial Metals & Mining (Basic Materials). Over the past year, PDN.TO returned 111.46% vs 173.23% for LYC.AX. At a 0.15 correlation, their price movements are largely independent.
Performance
PDN.TO vs. LYC.AX - Performance Comparison
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Different Trading Currencies
PDN.TO is traded in CAD, while LYC.AX is traded in AUD. To make them comparable, the LYC.AX values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, PDN.TO achieves a 31.80% return, which is significantly lower than LYC.AX's 69.47% return.
PDN.TO
- 1D
- 3.34%
- 1M
- -3.78%
- YTD
- 31.80%
- 6M
- 44.44%
- 1Y
- 111.46%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LYC.AX
- 1D
- 2.69%
- 1M
- 4.61%
- YTD
- 69.47%
- 6M
- 43.50%
- 1Y
- 173.23%
- 3Y*
- 41.84%
- 5Y*
- 30.60%
- 10Y*
- 41.26%
PDN.TO vs. LYC.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
PDN.TO Paladin Energy Ltd | 31.80% | 29.55% | -0.74% |
LYC.AX Lynas Rare Earths Limited | 69.47% | 99.02% | -1.62% |
Correlation
The correlation between PDN.TO and LYC.AX is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Dec 30, 2024 | 0.15 |
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Return for Risk
PDN.TO vs. LYC.AX — Risk / Return Rank
PDN.TO
LYC.AX
PDN.TO vs. LYC.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Paladin Energy Ltd (PDN.TO) and Lynas Rare Earths Limited (LYC.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.
| PDN.TO | LYC.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.93 | ||
| Sortino ratioReturn per unit of downside risk | -0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.40 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 4.04 | 3.90 | +0.14 |
| Martin ratioReturn relative to average drawdown | 8.43 | 8.68 | -0.24 |
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
| PDN.TO | LYC.AX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.83 | 2.75 | -0.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.65 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.73 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 0.20 | +0.49 |
Drawdowns
PDN.TO vs. LYC.AX - Drawdown Comparison
The maximum PDN.TO drawdown since its inception was -58.93%, smaller than the maximum LYC.AX drawdown of -98.85%. Use the drawdown chart below to compare losses from any high point for PDN.TO and LYC.AX.
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Drawdown Indicators
| PDN.TO | LYC.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.93% | -98.85% | +39.92% |
Max Drawdown (1Y)Largest decline over 1 year | -27.76% | -43.85% | +16.09% |
Max Drawdown (3Y)Largest decline over 3 years | — | -43.85% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -54.28% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -68.36% | — |
Current DrawdownCurrent decline from peak | -18.98% | -25.01% | +6.03% |
Average DrawdownAverage peak-to-trough decline | -18.74% | -72.41% | +53.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.27% | 19.79% | -6.52% |
Volatility
PDN.TO vs. LYC.AX - Volatility Comparison
Paladin Energy Ltd (PDN.TO) has a higher volatility of 19.27% compared to Lynas Rare Earths Limited (LYC.AX) at 16.43%. This indicates that PDN.TO's price experiences larger fluctuations and is considered to be riskier than LYC.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PDN.TO | LYC.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.27% | 16.43% | +2.84% |
Volatility (6M)Calculated over the trailing 6-month period | 45.37% | 43.86% | +1.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.35% | 62.16% | -0.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.83% | 47.26% | +18.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.83% | 56.09% | +9.74% |
Dividends
PDN.TO vs. LYC.AX - Dividend Comparison
Neither PDN.TO nor LYC.AX has paid dividends to shareholders.
Financials
PDN.TO vs. LYC.AX - Financials Comparison
This section allows you to compare key financial metrics between Paladin Energy Ltd and Lynas Rare Earths Limited. 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
Frequently Asked Questions
PDN.TO and LYC.AX have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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