TKO.TO vs. LAR.TO

Last updated Jun 4, 2026

TKO.TO (Taseko Mines Limited) and LAR.TO (Lithium Argentina AG ) are both stocks. Both are in the Basic Materials sector — TKO.TO in Copper, LAR.TO in Other Industrial Metals & Mining. Over the past 10 years, TKO.TO returned 32.27%/yr vs 24.26%/yr for LAR.TO. At a 0.24 correlation, their price movements are largely independent.

Performance

TKO.TO vs. LAR.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Taseko Mines Limited (TKO.TO) and Lithium Argentina AG (LAR.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TKO.TO achieves a 39.25% return, which is significantly lower than LAR.TO's 84.60% return. Over the past 10 years, TKO.TO has outperformed LAR.TO with an annualized return of 32.27%, while LAR.TO has yielded a comparatively lower 24.26% annualized return.

TKO.TO

• 1D: -5.83%
• 1M: 15.72%
• YTD: 39.25%
• 6M: 47.61%
• 1Y: 229.88%
• 3Y*: 79.85%
• 5Y*: 29.86%
• 10Y*: 32.27%

LAR.TO

• 1D: -5.80%
• 1M: 0.71%
• YTD: 84.60%
• 6M: 95.30%
• 1Y: 450.19%
• 3Y*: 7.23%
• 5Y*: 12.65%
• 10Y*: 24.26%

*Multi-year figures are annualized to reflect compound growth (CAGR)

TKO.TO vs. LAR.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TKO.TO Taseko Mines Limited	39.25%	177.50%	50.54%	-6.06%	-23.85%	56.63%	163.49%	-3.08%	-77.89%	153.45%
LAR.TO Lithium Argentina AG	84.60%	102.65%	-54.73%	-19.20%	-30.28%	130.41%	284.14%	-3.48%	-61.45%	179.47%

Correlation

The correlation between TKO.TO and LAR.TO is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (10Y) Calculated over the trailing 10-year period	0.35
Correlation (All Time) Calculated using the full available price history since Jul 17, 2008	0.24

The correlation between TKO.TO and LAR.TO shifts across timeframes, from 0.24 (all time) to 0.45 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Total Revenue (TTM) TKO.TO : CA$768.08M LAR.TO : CA$0.00
Gross Profit (TTM) TKO.TO : CA$210.63M LAR.TO : -CA$1.16M
EBITDA (TTM) TKO.TO : CA$274.46M LAR.TO : CA$14.36M

Return for Risk

TKO.TO vs. LAR.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TKO.TO

TKO.TO Risk / Return Rank: 94
TKO.TO Sharpe Ratio Rank: 97
TKO.TO Sortino Ratio Rank: 92
TKO.TO Omega Ratio Rank: 92
TKO.TO Calmar Ratio Rank: 94
TKO.TO Martin Ratio Rank: 95

LAR.TO

LAR.TO Risk / Return Rank: 97
LAR.TO Sharpe Ratio Rank: 99
LAR.TO Sortino Ratio Rank: 96
LAR.TO Omega Ratio Rank: 94
LAR.TO Calmar Ratio Rank: 98
LAR.TO Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TKO.TO vs. LAR.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Taseko Mines Limited (TKO.TO) and Lithium Argentina AG (LAR.TO). 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.

	TKO.TO	LAR.TO	Difference
Sharpe ratio: Return per unit of total volatility	3.68	5.33	-1.66
Sortino ratio: Return per unit of downside risk	3.57	4.28	-0.71
Omega ratio: Gain probability vs. loss probability	1.47	1.53	-0.05
Calmar ratio: Return relative to maximum drawdown	6.56	13.90	-7.35
Martin ratio: Return relative to average drawdown	18.83	35.53	-16.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TKO.TO vs. LAR.TO - Sharpe Ratio Comparison

The current TKO.TO Sharpe Ratio is 3.68, which is lower than the LAR.TO Sharpe Ratio of 5.33. The chart below compares the historical Sharpe Ratios of TKO.TO and LAR.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TKO.TO	LAR.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.68	5.33	-1.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	0.18	+0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	0.34	+0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.03	0.12	-0.09

Drawdowns

TKO.TO vs. LAR.TO - Drawdown Comparison

The maximum TKO.TO drawdown since its inception was -96.47%, roughly equal to the maximum LAR.TO drawdown of -94.78%. Use the drawdown chart below to compare losses from any high point for TKO.TO and LAR.TO.

Drawdown Indicators

	TKO.TO	LAR.TO	Difference
Max Drawdown Largest peak-to-trough decline	-96.47%	-94.78%	-1.69%
Max Drawdown (1Y) Largest decline over 1 year	-35.31%	-32.65%	-2.66%
Max Drawdown (3Y) Largest decline over 3 years	-41.02%	-79.17%	+38.15%
Max Drawdown (5Y) Largest decline over 5 years	-60.74%	-88.58%	+27.84%
Max Drawdown (10Y) Largest decline over 10 years	-89.56%	-88.58%	-0.98%
Current Drawdown Current decline from peak	-10.95%	-32.73%	+21.78%
Average Drawdown Average peak-to-trough decline	-66.16%	-59.63%	-6.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.27%	12.75%	-0.48%

Volatility

TKO.TO vs. LAR.TO - Volatility Comparison

Taseko Mines Limited (TKO.TO) and Lithium Argentina AG (LAR.TO) have volatilities of 21.65% and 21.15%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TKO.TO	LAR.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.65%	21.15%	+0.50%
Volatility (6M) Calculated over the trailing 6-month period	47.83%	56.32%	-8.49%
Volatility (1Y) Calculated over the trailing 1-year period	62.97%	85.33%	-22.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.27%	70.77%	-11.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.15%	72.34%	-9.19%

Dividends

TKO.TO vs. LAR.TO - Dividend Comparison

Neither TKO.TO nor LAR.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both TKO.TO and LAR.TO in my portfolio?

TKO.TO and LAR.TO have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.