SMR vs. FML.AX
SMR (NuScale Power Corporation) and FML.AX (Focus Minerals Limited) are both stocks. SMR operates in Specialty Industrial Machinery (Industrials), while FML.AX operates in Gold (Basic Materials). Over the past 5 years, SMR returned -0.32%/yr vs 42.01%/yr for FML.AX. At a 0.05 correlation, their price movements are largely independent.
Performance
SMR vs. FML.AX - Performance Comparison
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Different Trading Currencies
SMR is traded in USD, while FML.AX is traded in AUD. To make them comparable, the FML.AX values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SMR achieves a -30.20% return, which is significantly higher than FML.AX's -38.12% return.
SMR
- 1D
- 3.34%
- 1M
- -11.93%
- YTD
- -30.20%
- 6M
- -46.07%
- 1Y
- -74.52%
- 3Y*
- 5.43%
- 5Y*
- -0.32%
- 10Y*
- —
FML.AX
- 1D
- 1.62%
- 1M
- -13.02%
- YTD
- -38.12%
- 6M
- -40.41%
- 1Y
- 401.24%
- 3Y*
- 114.44%
- 5Y*
- 42.01%
- 10Y*
- 14.63%
SMR vs. FML.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SMR NuScale Power Corporation | -30.20% | -20.97% | 444.98% | -67.93% | 2.29% | -0.89% | 1.20% |
FML.AX Focus Minerals Limited | -38.12% | 1,846.98% | -16.48% | -27.50% | -38.72% | 8.31% | 5.47% |
Correlation
The correlation between SMR and FML.AX is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Dec 9, 2020 | 0.05 |
The correlation between SMR and FML.AX shifts across timeframes, from 0.05 (all time) to 0.17 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SMR vs. FML.AX — Risk / Return Rank
SMR
FML.AX
SMR vs. FML.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NuScale Power Corporation (SMR) and Focus Minerals Limited (FML.AX). 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.
| SMR | FML.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.71 | ||
| Sortino ratioReturn per unit of downside risk | -5.42 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.47 | -0.60 |
| Calmar ratioReturn relative to maximum drawdown | -0.91 | 6.03 | -6.94 |
| Martin ratioReturn relative to average drawdown | -1.32 | 14.36 | -15.68 |
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Drawdowns
SMR vs. FML.AX - Drawdown Comparison
The maximum SMR drawdown since its inception was -87.47%, smaller than the maximum FML.AX drawdown of -98.78%. Use the drawdown chart below to compare losses from any high point for SMR and FML.AX.
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Drawdown Indicators
| SMR | FML.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.47% | -98.78% | +11.31% |
Max Drawdown (1Y)Largest decline over 1 year | -82.86% | -61.01% | -21.85% |
Max Drawdown (3Y)Largest decline over 3 years | -82.86% | -61.01% | -21.85% |
Max Drawdown (5Y)Largest decline over 5 years | -87.47% | -73.36% | -14.11% |
Max Drawdown (10Y)Largest decline over 10 years | — | -85.99% | — |
Current DrawdownCurrent decline from peak | -81.49% | -79.59% | -1.90% |
Average DrawdownAverage peak-to-trough decline | -35.08% | -84.05% | +48.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 57.39% | 25.92% | +31.47% |
Volatility
SMR vs. FML.AX - Volatility Comparison
NuScale Power Corporation (SMR) has a higher volatility of 28.93% compared to Focus Minerals Limited (FML.AX) at 17.70%. This indicates that SMR's price experiences larger fluctuations and is considered to be riskier than FML.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SMR | FML.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.93% | 17.70% | +11.23% |
Volatility (6M)Calculated over the trailing 6-month period | 69.57% | 52.17% | +17.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 102.59% | 92.53% | +10.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 93.50% | 87.82% | +5.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 89.31% | 77.20% | +12.11% |
Dividends
SMR vs. FML.AX - Dividend Comparison
Neither SMR nor FML.AX has paid dividends to shareholders.
Financials
SMR vs. FML.AX - Financials Comparison
This section allows you to compare key financial metrics between NuScale Power Corporation and Focus Minerals Limited. 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
Frequently Asked Questions
SMR and FML.AX have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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