PL vs. FRES.L
PL (Planet Labs PBC) and FRES.L (Fresnillo plc) are both stocks. PL operates in Aerospace & Defense (Industrials), while FRES.L operates in Other Precious Metals & Mining (Basic Materials). Over the past 3 years, PL returned 117.50%/yr vs 72.83%/yr for FRES.L. At a 0.19 correlation, their price movements are largely independent.
Performance
PL vs. FRES.L - Performance Comparison
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Different Trading Currencies
PL is traded in USD, while FRES.L is traded in GBp. To make them comparable, the FRES.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, PL achieves a 68.00% return, which is significantly higher than FRES.L's -17.27% return.
PL
- 1D
- 5.91%
- 1M
- -35.22%
- YTD
- 68.00%
- 6M
- 67.83%
- 1Y
- 443.11%
- 3Y*
- 117.50%
- 5Y*
- —
- 10Y*
- —
FRES.L
- 1D
- -1.52%
- 1M
- -17.84%
- YTD
- -17.27%
- 6M
- -19.22%
- 1Y
- 89.41%
- 3Y*
- 72.83%
- 5Y*
- 30.92%
- 10Y*
- 7.10%
PL vs. FRES.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PL Planet Labs PBC | 68.00% | 388.12% | 63.56% | -43.22% | -29.27% | -45.33% |
FRES.L Fresnillo plc | -17.27% | 511.09% | 4.36% | -29.44% | -7.20% | 2.72% |
Correlation
The correlation between PL and FRES.L is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Dec 8, 2021 | 0.19 |
Fundamentals
PL:
$11.45B
FRES.L:
£20.20B
PL:
-$1.17
FRES.L:
$2.08
PL:
31.50
FRES.L:
3.33
PL:
25.80
FRES.L:
5.77
PL:
$335.61M
FRES.L:
$8.03B
PL:
$186.28M
FRES.L:
$3.75B
PL:
-$125.70M
FRES.L:
$3.90B
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Return for Risk
PL vs. FRES.L — Risk / Return Rank
PL
FRES.L
PL vs. FRES.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Planet Labs PBC (PL) and Fresnillo plc (FRES.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.
| PL | FRES.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.78 | ||
| Sortino ratioReturn per unit of downside risk | +1.90 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.26 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 9.15 | 2.28 | +6.87 |
| Martin ratioReturn relative to average drawdown | 28.19 | 5.31 | +22.88 |
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Drawdowns
PL vs. FRES.L - Drawdown Comparison
The maximum PL drawdown since its inception was -85.11%, roughly equal to the maximum FRES.L drawdown of -86.88%. Use the drawdown chart below to compare losses from any high point for PL and FRES.L.
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Drawdown Indicators
| PL | FRES.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.11% | -86.88% | +1.77% |
Max Drawdown (1Y)Largest decline over 1 year | -48.83% | -38.99% | -9.84% |
Max Drawdown (3Y)Largest decline over 3 years | -55.17% | -38.99% | -16.18% |
Max Drawdown (5Y)Largest decline over 5 years | — | -55.86% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -75.05% | — |
Current DrawdownCurrent decline from peak | -35.54% | -38.99% | +3.45% |
Average DrawdownAverage peak-to-trough decline | -55.27% | -48.28% | -6.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.82% | 16.77% | -0.95% |
Volatility
PL vs. FRES.L - Volatility Comparison
Planet Labs PBC (PL) has a higher volatility of 41.66% compared to Fresnillo plc (FRES.L) at 17.06%. This indicates that PL's price experiences larger fluctuations and is considered to be riskier than FRES.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PL | FRES.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 41.66% | 17.06% | +24.60% |
Volatility (6M)Calculated over the trailing 6-month period | 73.65% | 45.57% | +28.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 103.54% | 57.89% | +45.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.01% | 45.68% | +39.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.01% | 45.39% | +39.62% |
Dividends
PL vs. FRES.L - Dividend Comparison
PL has not paid dividends to shareholders, while FRES.L's dividend yield for the trailing twelve months is around 3.47%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FRES.L Fresnillo plc | 3.47% | 2.00% | 1.36% | 1.98% | 2.44% | 2.66% | 1.00% | 2.35% | 3.49% | 1.73% |
PL Planet Labs PBC | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
PL vs. FRES.L - Financials Comparison
This section allows you to compare key financial metrics between Planet Labs PBC and Fresnillo plc. 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
PL and FRES.L have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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