SBSW vs. VALE
SBSW (Sibanye Stillwater Limited) and VALE (Vale S.A.) are both stocks. Both are in the Basic Materials sector — SBSW in Gold, VALE in Other Industrial Metals & Mining. Over the past 10 years, SBSW returned 1.19%/yr vs 20.76%/yr for VALE. At a 0.31 correlation, their price movements are largely independent.
Performance
SBSW vs. VALE - Performance Comparison
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Returns By Period
In the year-to-date period, SBSW achieves a -30.17% return, which is significantly lower than VALE's 18.34% return. Over the past 10 years, SBSW has underperformed VALE with an annualized return of 1.19%, while VALE has yielded a comparatively higher 20.76% annualized return.
SBSW
- 1D
- -4.73%
- 1M
- -15.18%
- YTD
- -30.17%
- 6M
- -28.46%
- 1Y
- 42.56%
- 3Y*
- 11.08%
- 5Y*
- -5.97%
- 10Y*
- 1.19%
VALE
- 1D
- -0.71%
- 1M
- -3.69%
- YTD
- 18.34%
- 6M
- 20.75%
- 1Y
- 74.50%
- 3Y*
- 10.74%
- 5Y*
- 2.83%
- 10Y*
- 20.76%
SBSW vs. VALE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SBSW Sibanye Stillwater Limited | -30.17% | 331.82% | -39.23% | -46.54% | -9.57% | -12.44% | 61.55% | 250.88% | -41.72% | -26.00% |
VALE Vale S.A. | 18.34% | 60.70% | -38.83% | 1.57% | 32.54% | -1.45% | 32.40% | 2.72% | 12.25% | 68.03% |
Correlation
The correlation between SBSW and VALE is 0.53, 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 | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Feb 11, 2013 | 0.31 |
Over the past year, SBSW and VALE have become more correlated (0.53) than their long-term average of 0.31, meaning their price movements have been converging.
Fundamentals
SBSW:
$6.84B
VALE:
$65.91B
SBSW:
-ZAR 17.51
VALE:
$0.65
SBSW:
0.47
VALE:
1.67
SBSW:
2.83
VALE:
1.80
SBSW:
ZAR 238.26B
VALE:
$39.53B
SBSW:
ZAR 50.42B
VALE:
$13.65B
SBSW:
ZAR 23.43B
VALE:
$14.33B
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Return for Risk
SBSW vs. VALE — Risk / Return Rank
SBSW
VALE
SBSW vs. VALE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sibanye Stillwater Limited (SBSW) and Vale S.A. (VALE). 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.
| SBSW | VALE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.74 | ||
| Sortino ratioReturn per unit of downside risk | -1.70 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.38 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.77 | 3.77 | -3.01 |
| Martin ratioReturn relative to average drawdown | 1.74 | 12.21 | -10.47 |
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Drawdowns
SBSW vs. VALE - Drawdown Comparison
The maximum SBSW drawdown since its inception was -89.24%, roughly equal to the maximum VALE drawdown of -92.78%. Use the drawdown chart below to compare losses from any high point for SBSW and VALE.
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Drawdown Indicators
| SBSW | VALE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.24% | -92.78% | +3.54% |
Max Drawdown (1Y)Largest decline over 1 year | -55.76% | -19.85% | -35.91% |
Max Drawdown (3Y)Largest decline over 3 years | -58.18% | -41.94% | -16.24% |
Max Drawdown (5Y)Largest decline over 5 years | -82.53% | -49.79% | -32.74% |
Max Drawdown (10Y)Largest decline over 10 years | -89.24% | -57.60% | -31.64% |
Current DrawdownCurrent decline from peak | -52.88% | -13.47% | -39.41% |
Average DrawdownAverage peak-to-trough decline | -48.21% | -36.68% | -11.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.49% | 6.12% | +18.37% |
Volatility
SBSW vs. VALE - Volatility Comparison
Sibanye Stillwater Limited (SBSW) has a higher volatility of 21.20% compared to Vale S.A. (VALE) at 9.45%. This indicates that SBSW's price experiences larger fluctuations and is considered to be riskier than VALE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SBSW | VALE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.20% | 9.45% | +11.75% |
Volatility (6M)Calculated over the trailing 6-month period | 52.95% | 26.32% | +26.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.50% | 31.64% | +36.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.04% | 35.47% | +24.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.22% | 40.83% | +23.39% |
Dividends
SBSW vs. VALE - Dividend Comparison
SBSW's dividend yield for the trailing twelve months is around 3.40%, less than VALE's 3.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SBSW Sibanye Stillwater Limited | 3.40% | 0.00% | 0.00% | 6.98% | 7.68% | 13.34% | 0.75% | 0.00% | 0.00% | 2.68% | 5.12% | 3.05% |
VALE Vale S.A. | 3.73% | 7.29% | 11.41% | 7.75% | 8.63% | 19.70% | 2.72% | 2.63% | 4.16% | 3.77% | 1.06% | 7.48% |
Financials
SBSW vs. VALE - Financials Comparison
This section allows you to compare key financial metrics between Sibanye Stillwater Limited and Vale S.A.. 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
SBSW vs. VALE - Profitability Comparison
SBSW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sibanye Stillwater Limited reported a gross profit of 18.20B and revenue of 71.36B. Therefore, the gross margin over that period was 25.5%.
VALE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Vale S.A. reported a gross profit of 3.06B and revenue of 9.26B. Therefore, the gross margin over that period was 33.0%.
SBSW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sibanye Stillwater Limited reported an operating income of 13.77B and revenue of 71.36B, resulting in an operating margin of 19.3%.
VALE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Vale S.A. reported an operating income of 2.67B and revenue of 9.26B, resulting in an operating margin of 28.8%.
SBSW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sibanye Stillwater Limited reported a net income of -1.51B and revenue of 71.36B, resulting in a net margin of -2.1%.
VALE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Vale S.A. reported a net income of 1.89B and revenue of 9.26B, resulting in a net margin of 20.5%.
Frequently Asked Questions
SBSW and VALE have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SBSW has higher volatility (21.20%) compared to VALE (9.45%). In terms of maximum drawdown, SBSW dropped -89.24% vs VALE's -92.78%.
VALE currently has the higher Sharpe Ratio (2.37 vs 0.62), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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