SMIN.L vs. CHG.L
SMIN.L (Smiths Group PLC) and CHG.L (Chemring Group plc) are both stocks. Both are in the Industrials sector — SMIN.L in Specialty Industrial Machinery, CHG.L in Aerospace & Defense. Over the past 10 years, SMIN.L returned 11.29%/yr vs 15.92%/yr for CHG.L. At a 0.22 correlation, their price movements are largely independent.
Performance
SMIN.L vs. CHG.L - Performance Comparison
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Returns By Period
In the year-to-date period, SMIN.L achieves a 7.61% return, which is significantly higher than CHG.L's 6.86% return. Over the past 10 years, SMIN.L has underperformed CHG.L with an annualized return of 11.29%, while CHG.L has yielded a comparatively higher 15.92% annualized return.
SMIN.L
- 1D
- 1.78%
- 1M
- -0.32%
- YTD
- 7.61%
- 6M
- 2.97%
- 1Y
- 15.25%
- 3Y*
- 18.47%
- 5Y*
- 12.90%
- 10Y*
- 11.29%
CHG.L
- 1D
- 0.12%
- 1M
- -2.91%
- YTD
- 6.86%
- 6M
- 4.64%
- 1Y
- -8.40%
- 3Y*
- 25.32%
- 5Y*
- 11.18%
- 10Y*
- 15.92%
SMIN.L vs. CHG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SMIN.L Smiths Group PLC | 7.61% | 39.71% | 0.12% | 13.23% | 3.97% | 7.69% | -8.47% | 27.37% | -5.41% | 8.15% |
CHG.L Chemring Group plc | 6.86% | 46.54% | -4.46% | 20.37% | 2.15% | 5.20% | 20.90% | 52.51% | -10.88% | 9.42% |
Correlation
The correlation between SMIN.L and CHG.L is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Jul 8, 1993 | 0.22 |
The correlation between SMIN.L and CHG.L shifts across timeframes, from 0.22 (all time) to 0.33 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
SMIN.L:
£8.13B
CHG.L:
£1.39B
SMIN.L:
£1.70
CHG.L:
£0.28
SMIN.L:
14.84
CHG.L:
17.88
SMIN.L:
0.04
CHG.L:
0.12
SMIN.L:
1.52
CHG.L:
1.35
SMIN.L:
4.91
CHG.L:
3.77
SMIN.L:
£5.46B
CHG.L:
£1.02B
SMIN.L:
£1.39B
CHG.L:
£1.01B
SMIN.L:
£965.00M
CHG.L:
£193.20M
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Return for Risk
SMIN.L vs. CHG.L — Risk / Return Rank
SMIN.L
CHG.L
SMIN.L vs. CHG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Smiths Group PLC (SMIN.L) and Chemring Group plc (CHG.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.
| SMIN.L | CHG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.95 | ||
| Sortino ratioReturn per unit of downside risk | +1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 0.98 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.66 | -0.36 | +1.03 |
| Martin ratioReturn relative to average drawdown | 2.58 | -0.70 | +3.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SMIN.L | CHG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.69 | -0.27 | +0.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.38 | +0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.49 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.31 | -0.03 |
Drawdowns
SMIN.L vs. CHG.L - Drawdown Comparison
The maximum SMIN.L drawdown since its inception was -60.05%, smaller than the maximum CHG.L drawdown of -79.82%. Use the drawdown chart below to compare losses from any high point for SMIN.L and CHG.L.
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Drawdown Indicators
| SMIN.L | CHG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.05% | -79.82% | +19.77% |
Max Drawdown (1Y)Largest decline over 1 year | -22.87% | -23.04% | +0.17% |
Max Drawdown (3Y)Largest decline over 3 years | -22.87% | -27.69% | +4.82% |
Max Drawdown (5Y)Largest decline over 5 years | -22.87% | -29.12% | +6.25% |
Max Drawdown (10Y)Largest decline over 10 years | -53.96% | -41.54% | -12.42% |
Current DrawdownCurrent decline from peak | -7.83% | -15.71% | +7.88% |
Average DrawdownAverage peak-to-trough decline | -16.36% | -34.36% | +18.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.89% | 12.02% | -6.13% |
Volatility
SMIN.L vs. CHG.L - Volatility Comparison
The current volatility for Smiths Group PLC (SMIN.L) is 6.88%, while Chemring Group plc (CHG.L) has a volatility of 13.43%. This indicates that SMIN.L experiences smaller price fluctuations and is considered to be less risky than CHG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SMIN.L | CHG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.88% | 13.43% | -6.55% |
Volatility (6M)Calculated over the trailing 6-month period | 20.37% | 24.12% | -3.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.20% | 31.96% | -9.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.38% | 29.38% | -7.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.88% | 32.46% | -6.58% |
Dividends
SMIN.L vs. CHG.L - Dividend Comparison
SMIN.L's dividend yield for the trailing twelve months is around 1.86%, more than CHG.L's 1.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHG.L Chemring Group plc | 1.60% | 1.67% | 2.19% | 1.74% | 1.71% | 1.42% | 1.30% | 1.41% | 1.92% | 1.25% | 0.00% | 2.16% |
SMIN.L Smiths Group PLC | 1.86% | 1.96% | 2.55% | 2.36% | 2.48% | 2.39% | 2.33% | 2.72% | 3.27% | 2.90% | 2.97% | 4.36% |
Financials
SMIN.L vs. CHG.L - Financials Comparison
This section allows you to compare key financial metrics between Smiths Group PLC and Chemring Group 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
SMIN.L vs. CHG.L - Profitability Comparison
SMIN.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Smiths Group PLC reported a gross profit of 371.00M and revenue of 915.00M. Therefore, the gross margin over that period was 40.6%.
CHG.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Chemring Group plc reported a gross profit of 222.10M and revenue of 237.30M. Therefore, the gross margin over that period was 93.6%.
SMIN.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Smiths Group PLC reported an operating income of 164.00M and revenue of 915.00M, resulting in an operating margin of 17.9%.
CHG.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Chemring Group plc reported an operating income of 21.70M and revenue of 237.30M, resulting in an operating margin of 9.1%.
SMIN.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Smiths Group PLC reported a net income of 130.00M and revenue of 915.00M, resulting in a net margin of 14.2%.
CHG.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Chemring Group plc reported a net income of 6.10M and revenue of 237.30M, resulting in a net margin of 2.6%.
Frequently Asked Questions
SMIN.L and CHG.L have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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