REMX vs. RIO
Compare and contrast key facts about VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) and Rio Tinto Group (RIO).
REMX is a passively managed fund by VanEck that tracks the performance of the MVIS Global Rare Earth/Strategic Metals Index. It was launched on Oct 27, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: REMX or RIO.
Performance
REMX vs. RIO - Performance Comparison
Returns By Period
In the year-to-date period, REMX achieves a -25.95% return, which is significantly lower than RIO's -12.23% return. Over the past 10 years, REMX has underperformed RIO with an annualized return of -2.47%, while RIO has yielded a comparatively higher 10.62% annualized return.
REMX
-25.95%
-2.86%
-19.82%
-19.37%
5.65%
-2.47%
RIO
-12.23%
-7.54%
-14.75%
-3.40%
11.52%
10.62%
Key characteristics
| REMX | RIO | |
|---|---|---|
| Sharpe Ratio | -0.61 | -0.16 |
| Sortino Ratio | -0.73 | -0.07 |
| Omega Ratio | 0.92 | 0.99 |
| Calmar Ratio | -0.27 | -0.22 |
| Martin Ratio | -0.96 | -0.40 |
| Ulcer Index | 24.13% | 9.22% |
| Daily Std Dev | 37.54% | 22.82% |
| Max Drawdown | -90.21% | -88.97% |
| Current Drawdown | -80.02% | -14.75% |
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Correlation
The correlation between REMX and RIO is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
REMX vs. RIO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) 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.
Dividends
REMX vs. RIO - Dividend Comparison
REMX has not paid dividends to shareholders, while RIO's dividend yield for the trailing twelve months is around 7.13%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REMX VanEck Vectors Rare Earth/Strategic Metals ETF | 0.00% | 0.00% | 1.56% | 5.25% | 0.81% | 1.60% | 12.43% | 2.89% | 2.23% | 4.77% | 1.53% | 0.23% |
RIO Rio Tinto Group | 7.13% | 5.40% | 10.48% | 14.39% | 5.13% | 10.70% | 6.32% | 4.45% | 3.96% | 7.79% | 4.46% | 3.15% |
Drawdowns
REMX vs. RIO - Drawdown Comparison
The maximum REMX drawdown since its inception was -90.21%, roughly equal to the maximum RIO drawdown of -88.97%. Use the drawdown chart below to compare losses from any high point for REMX and RIO. For additional features, visit the drawdowns tool.
Volatility
REMX vs. RIO - Volatility Comparison
VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) has a higher volatility of 10.28% compared to Rio Tinto Group (RIO) at 7.70%. This indicates that REMX'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.