SMTGY vs. MP
SMTGY (SMA Solar Technology AG) and MP (MP Materials Corp.) are both stocks. SMTGY operates in Solar (Technology), while MP operates in Other Industrial Metals & Mining (Basic Materials). Over the past 5 years, SMTGY returned 4.40%/yr vs 11.32%/yr for MP. At a 0.08 correlation, their price movements are largely independent.
Performance
SMTGY vs. MP - Performance Comparison
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Returns By Period
In the year-to-date period, SMTGY achieves a 60.07% return, which is significantly higher than MP's 13.97% return.
SMTGY
- 1D
- 0.12%
- 1M
- -7.17%
- YTD
- 60.07%
- 6M
- 61.88%
- 1Y
- 213.62%
- 3Y*
- -11.70%
- 5Y*
- 4.40%
- 10Y*
- —
MP
- 1D
- -2.70%
- 1M
- -14.61%
- YTD
- 13.97%
- 6M
- -5.92%
- 1Y
- 124.05%
- 3Y*
- 38.10%
- 5Y*
- 11.32%
- 10Y*
- —
SMTGY vs. MP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SMTGY SMA Solar Technology AG | 60.07% | 201.14% | -78.32% | -10.78% | 69.47% | -36.69% | 37.50% |
MP MP Materials Corp. | 13.97% | 223.85% | -21.41% | -18.25% | -46.54% | 41.19% | 163.47% |
Correlation
The correlation between SMTGY and MP is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Oct 28, 2020 | 0.08 |
Fundamentals
SMTGY:
-$0.52
MP:
-$0.53
SMTGY:
1.47
MP:
25.37
SMTGY:
$1.53B
MP:
$305.30M
SMTGY:
$128.89M
MP:
$25.30M
SMTGY:
-$42.60M
MP:
$1.52M
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Return for Risk
SMTGY vs. MP — Risk / Return Rank
SMTGY
MP
SMTGY vs. MP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SMA Solar Technology AG (SMTGY) and MP Materials Corp. (MP). 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.
| SMTGY | MP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.36 | ||
| Sortino ratioReturn per unit of downside risk | +0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.27 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 5.93 | 2.32 | +3.61 |
| Martin ratioReturn relative to average drawdown | 18.38 | 3.93 | +14.45 |
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
| SMTGY | MP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.69 | 1.33 | +1.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.06 | 0.16 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.07 | 0.47 | -0.40 |
Drawdowns
SMTGY vs. MP - Drawdown Comparison
The maximum SMTGY drawdown since its inception was -89.48%, which is greater than MP's maximum drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for SMTGY and MP.
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Drawdown Indicators
| SMTGY | MP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.48% | -81.99% | -7.49% |
Max Drawdown (1Y)Largest decline over 1 year | -36.24% | -53.79% | +17.55% |
Max Drawdown (3Y)Largest decline over 3 years | -89.29% | -59.47% | -29.82% |
Max Drawdown (5Y)Largest decline over 5 years | -89.48% | -81.99% | -7.49% |
Current DrawdownCurrent decline from peak | -44.78% | -41.63% | -3.15% |
Average DrawdownAverage peak-to-trough decline | -48.26% | -42.62% | -5.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.67% | 31.68% | -20.01% |
Volatility
SMTGY vs. MP - Volatility Comparison
SMA Solar Technology AG (SMTGY) has a higher volatility of 24.11% compared to MP Materials Corp. (MP) at 22.35%. This indicates that SMTGY's price experiences larger fluctuations and is considered to be riskier than MP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SMTGY | MP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.11% | 22.35% | +1.76% |
Volatility (6M)Calculated over the trailing 6-month period | 48.85% | 51.12% | -2.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 80.14% | 93.82% | -13.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.49% | 69.62% | +4.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.96% | 72.68% | +13.28% |
Dividends
SMTGY vs. MP - Dividend Comparison
Neither SMTGY nor MP has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
MP MP Materials Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMTGY SMA Solar Technology AG | 0.00% | 0.00% | 4.01% | 0.00% | 0.00% | 0.56% |
Financials
SMTGY vs. MP - Financials Comparison
This section allows you to compare key financial metrics between SMA Solar Technology AG and MP Materials Corp.. 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
SMTGY vs. MP - Profitability Comparison
SMTGY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SMA Solar Technology AG reported a gross profit of 87.89M and revenue of 346.53M. Therefore, the gross margin over that period was 25.4%.
MP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MP Materials Corp. reported a gross profit of 0.00 and revenue of 90.65M. Therefore, the gross margin over that period was 0.0%.
SMTGY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SMA Solar Technology AG reported an operating income of 15.24M and revenue of 346.53M, resulting in an operating margin of 4.4%.
MP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MP Materials Corp. reported an operating income of 0.00 and revenue of 90.65M, resulting in an operating margin of 0.0%.
SMTGY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SMA Solar Technology AG reported a net income of -1.65M and revenue of 346.53M, resulting in a net margin of -0.5%.
MP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MP Materials Corp. reported a net income of -7.97M and revenue of 90.65M, resulting in a net margin of -8.8%.
Frequently Asked Questions
SMTGY and MP have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SMTGY has higher volatility (24.11%) compared to MP (22.35%). In terms of maximum drawdown, SMTGY dropped -89.48% vs MP's -81.99%.
SMTGY currently has the higher Sharpe Ratio (2.69 vs 1.33), 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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