QQ.L vs. RIO
QQ.L (QinetiQ Group plc) and RIO (Rio Tinto Group) are both stocks. QQ.L operates in Aerospace & Defense (Industrials), while RIO operates in Other Industrial Metals & Mining (Basic Materials). Over the past 10 years, QQ.L returned 9.42%/yr vs 22.53%/yr for RIO. At a 0.17 correlation, their price movements are largely independent.
Performance
QQ.L vs. RIO - Performance Comparison
Loading charts...
Different Trading Currencies
QQ.L is traded in GBp, while RIO is traded in USD. To make them comparable, the RIO values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, QQ.L achieves a 8.36% return, which is significantly lower than RIO's 30.63% return. Over the past 10 years, QQ.L has underperformed RIO with an annualized return of 9.42%, while RIO has yielded a comparatively higher 22.53% annualized return.
QQ.L
- 1D
- 1.06%
- 1M
- 12.89%
- YTD
- 8.36%
- 6M
- 13.56%
- 1Y
- -12.02%
- 3Y*
- 11.16%
- 5Y*
- 8.50%
- 10Y*
- 9.42%
RIO
- 1D
- 0.00%
- 1M
- -2.35%
- YTD
- 30.63%
- 6M
- 41.56%
- 1Y
- 82.11%
- 3Y*
- 20.93%
- 5Y*
- 12.15%
- 10Y*
- 22.53%
QQ.L vs. RIO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
QQ.L QinetiQ Group plc | 8.36% | 8.34% | 37.22% | -11.50% | 37.15% | -15.08% | -8.68% | 27.80% | 27.13% | -9.87% |
RIO Rio Tinto Group | 30.90% | 34.17% | -13.88% | 5.51% | 32.56% | -2.76% | 32.22% | 28.11% | 2.83% | 32.35% |
Correlation
The correlation between QQ.L and RIO is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2007 | 0.17 |
Fundamentals
QQ.L:
£2.48B
RIO:
$165.37B
QQ.L:
-£0.14
RIO:
$13.11
QQ.L:
0.67
RIO:
1.48
QQ.L:
4.49
RIO:
2.66
QQ.L:
£3.85B
RIO:
$111.41B
QQ.L:
£372.10M
RIO:
$31.10B
QQ.L:
£533.20M
RIO:
$40.42B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QQ.L vs. RIO — Risk / Return Rank
QQ.L
RIO
QQ.L vs. RIO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for QinetiQ Group plc (QQ.L) and Rio Tinto Group (RIO). 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.
| QQ.L | RIO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.50 | ||
| Sortino ratioReturn per unit of downside risk | -4.10 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.48 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.46 | 5.97 | -6.44 |
| Martin ratioReturn relative to average drawdown | -0.89 | 24.05 | -24.94 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| QQ.L | RIO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.38 | 3.11 | -3.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | 0.46 | -0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.33 | 0.79 | -0.46 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.25 | +0.02 |
Drawdowns
QQ.L vs. RIO - Drawdown Comparison
The maximum QQ.L drawdown since its inception was -55.68%, smaller than the maximum RIO drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for QQ.L and RIO.
Loading charts...
Drawdown Indicators
| QQ.L | RIO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.68% | -85.30% | +29.62% |
Max Drawdown (1Y)Largest decline over 1 year | -25.90% | -13.82% | -12.08% |
Max Drawdown (3Y)Largest decline over 3 years | -31.77% | -24.61% | -7.16% |
Max Drawdown (5Y)Largest decline over 5 years | -31.77% | -27.80% | -3.97% |
Max Drawdown (10Y)Largest decline over 10 years | -38.09% | -33.21% | -4.88% |
Current DrawdownCurrent decline from peak | -15.33% | -8.97% | -6.36% |
Average DrawdownAverage peak-to-trough decline | -16.92% | -25.08% | +8.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.72% | 3.42% | +9.30% |
Volatility
QQ.L vs. RIO - Volatility Comparison
QinetiQ Group plc (QQ.L) has a higher volatility of 11.81% compared to Rio Tinto Group (RIO) at 10.53%. This indicates that QQ.L's price experiences larger fluctuations and is considered to be riskier than RIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QQ.L | RIO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.81% | 10.53% | +1.28% |
Volatility (6M)Calculated over the trailing 6-month period | 22.30% | 21.75% | +0.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.48% | 26.56% | +4.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.20% | 26.41% | +4.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.89% | 28.76% | +0.13% |
Dividends
QQ.L vs. RIO - Dividend Comparison
QQ.L's dividend yield for the trailing twelve months is around 1.90%, less than RIO's 3.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQ.L QinetiQ Group plc | 1.90% | 2.00% | 1.99% | 2.49% | 2.04% | 2.59% | 2.06% | 1.84% | 2.20% | 2.60% | 2.17% | 1.99% |
RIO Rio Tinto Group | 3.98% | 4.66% | 7.40% | 5.40% | 10.48% | 10.23% | 5.13% | 7.68% | 6.32% | 4.47% | 3.93% | 7.58% |
Financials
QQ.L vs. RIO - Financials Comparison
This section allows you to compare key financial metrics between QinetiQ Group plc and Rio Tinto Group. 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
QQ.L vs. RIO - Profitability Comparison
QQ.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, QinetiQ Group plc reported a gross profit of 110.20M and revenue of 1.02B. Therefore, the gross margin over that period was 10.8%.
RIO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Rio Tinto Group reported a gross profit of 8.15B and revenue of 30.65B. Therefore, the gross margin over that period was 26.6%.
QQ.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, QinetiQ Group plc reported an operating income of 110.20M and revenue of 1.02B, resulting in an operating margin of 10.8%.
RIO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Rio Tinto Group reported an operating income of 8.15B and revenue of 30.65B, resulting in an operating margin of 26.6%.
QQ.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, QinetiQ Group plc reported a net income of 69.20M and revenue of 1.02B, resulting in a net margin of 6.8%.
RIO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Rio Tinto Group reported a net income of 5.42B and revenue of 30.65B, resulting in a net margin of 17.7%.
Frequently Asked Questions
QQ.L and RIO have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for QQ.L and RIO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer