REGB.L vs. FRES.L
REGB.L (VanEck Rare Earth and Strategic Metals UCITS ETF A) is Rare Earth & Strategic Metals fund tracking the EMIX Global Mining Global Gold TR USD, while FRES.L (Fresnillo plc) is a stock. Over the past 3 years, REGB.L returned 0.07%/yr vs 70.39%/yr for FRES.L. At a 0.35 correlation, their price movements are largely independent.
Performance
REGB.L vs. FRES.L - Performance Comparison
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Different Trading Currencies
REGB.L is traded in GBP, while FRES.L is traded in GBp. To make them comparable, the FRES.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, REGB.L achieves a 16.69% return, which is significantly higher than FRES.L's -15.96% return.
REGB.L
- 1D
- 0.00%
- 1M
- -15.09%
- YTD
- 16.69%
- 6M
- 15.50%
- 1Y
- 118.12%
- 3Y*
- 0.07%
- 5Y*
- —
- 10Y*
- —
FRES.L
- 1D
- -1.44%
- 1M
- -16.59%
- YTD
- -15.96%
- 6M
- -17.88%
- 1Y
- 96.36%
- 3Y*
- 70.39%
- 5Y*
- 31.92%
- 10Y*
- 7.10%
REGB.L vs. FRES.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
REGB.L VanEck Rare Earth and Strategic Metals UCITS ETF A | 16.69% | 75.67% | -34.55% | -22.78% | -22.89% | -20.32% |
FRES.L Fresnillo plc | -15.96% | 468.21% | 6.13% | -32.98% | 3.90% | 14.11% |
Correlation
The correlation between REGB.L and FRES.L is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2021 | 0.35 |
The correlation between REGB.L and FRES.L shifts across timeframes, from 0.35 (all time) to 0.51 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
REGB.L vs. FRES.L — Risk / Return Rank
REGB.L
FRES.L
REGB.L vs. FRES.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Rare Earth and Strategic Metals UCITS ETF A (REGB.L) 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.
| REGB.L | FRES.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.85 | ||
| Sortino ratioReturn per unit of downside risk | +0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.28 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 5.67 | 2.59 | +3.08 |
| Martin ratioReturn relative to average drawdown | 13.51 | 6.08 | +7.42 |
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Drawdowns
REGB.L vs. FRES.L - Drawdown Comparison
The maximum REGB.L drawdown since its inception was -74.24%, smaller than the maximum FRES.L drawdown of -82.49%. Use the drawdown chart below to compare losses from any high point for REGB.L and FRES.L.
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Drawdown Indicators
| REGB.L | FRES.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.24% | -82.49% | +8.25% |
Max Drawdown (1Y)Largest decline over 1 year | -20.93% | -37.00% | +16.07% |
Max Drawdown (3Y)Largest decline over 3 years | -60.57% | -37.00% | -23.57% |
Max Drawdown (5Y)Largest decline over 5 years | — | -53.75% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -74.56% | — |
Current DrawdownCurrent decline from peak | -36.34% | -37.00% | +0.66% |
Average DrawdownAverage peak-to-trough decline | -44.84% | -42.85% | -1.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.78% | 15.78% | -7.00% |
Volatility
REGB.L vs. FRES.L - Volatility Comparison
The current volatility for VanEck Rare Earth and Strategic Metals UCITS ETF A (REGB.L) is 13.32%, while Fresnillo plc (FRES.L) has a volatility of 16.50%. This indicates that REGB.L experiences smaller price fluctuations and is considered to be less risky 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
| REGB.L | FRES.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.32% | 16.50% | -3.18% |
Volatility (6M)Calculated over the trailing 6-month period | 33.12% | 43.75% | -10.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.36% | 56.04% | -9.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.34% | 42.80% | +3.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.34% | 43.23% | +3.11% |
Dividends
REGB.L vs. FRES.L - Dividend Comparison
REGB.L 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% |
REGB.L VanEck Rare Earth and Strategic Metals UCITS ETF A | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
REGB.L and FRES.L have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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