UMI.BR vs. GNG.AX

Last updated Jun 9, 2026

UMI.BR (Umicore SA) and GNG.AX (GR Engineering Services Limited) are both stocks. Both are in the Industrials sector — UMI.BR in Pollution & Treatment Controls, GNG.AX in Engineering & Construction. Over the past 10 years, UMI.BR returned 2.60%/yr vs 26.88%/yr for GNG.AX. At a 0.10 correlation, their price movements are largely independent.

Performance

UMI.BR vs. GNG.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Umicore SA (UMI.BR) and GR Engineering Services Limited (GNG.AX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

UMI.BR is traded in EUR, while GNG.AX is traded in AUD. To make them comparable, the GNG.AX values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, UMI.BR achieves a 30.90% return, which is significantly lower than GNG.AX's 40.41% return. Over the past 10 years, UMI.BR has underperformed GNG.AX with an annualized return of 2.60%, while GNG.AX has yielded a comparatively higher 26.88% annualized return.

UMI.BR

• 1D: -0.95%
• 1M: 4.67%
• YTD: 30.90%
• 6M: 50.01%
• 1Y: 127.93%
• 3Y*: -2.53%
• 5Y*: -11.72%
• 10Y*: 2.60%

GNG.AX

• 1D: 0.00%
• 1M: 22.89%
• YTD: 40.41%
• 6M: 45.70%
• 1Y: 128.86%
• 3Y*: 49.31%
• 5Y*: 40.51%
• 10Y*: 26.88%

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

UMI.BR vs. GNG.AX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UMI.BR Umicore SA	30.90%	85.26%	-58.27%	-25.60%	-1.84%	-7.70%	-8.80%	27.60%	-10.27%	50.96%
GNG.AX GR Engineering Services Limited	40.41%	81.95%	18.23%	14.79%	5.24%	88.03%	63.10%	-19.16%	-24.24%	3.96%

Correlation

The correlation between UMI.BR and GNG.AX is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.15
Correlation (10Y) Calculated over the trailing 10-year period	0.12
Correlation (All Time) Calculated using the full available price history since Apr 19, 2011	0.10

Return for Risk

UMI.BR vs. GNG.AX — Risk / Return Rank

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

UMI.BR

UMI.BR Risk / Return Rank: 91
UMI.BR Sharpe Ratio Rank: 93
UMI.BR Sortino Ratio Rank: 92
UMI.BR Omega Ratio Rank: 92
UMI.BR Calmar Ratio Rank: 90
UMI.BR Martin Ratio Rank: 89

GNG.AX

GNG.AX Risk / Return Rank: 87
GNG.AX Sharpe Ratio Rank: 91
GNG.AX Sortino Ratio Rank: 86
GNG.AX Omega Ratio Rank: 87
GNG.AX Calmar Ratio Rank: 87
GNG.AX Martin Ratio Rank: 87

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.

UMI.BR vs. GNG.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Umicore SA (UMI.BR) and GR Engineering Services Limited (GNG.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.

	UMI.BR	GNG.AX	Difference
Sharpe ratio: Return per unit of total volatility	2.56	2.77	-0.22
Sortino ratio: Return per unit of downside risk	3.42	3.08	+0.33
Omega ratio: Gain probability vs. loss probability	1.45	1.42	+0.02
Calmar ratio: Return relative to maximum drawdown	4.41	4.51	-0.11
Martin ratio: Return relative to average drawdown	10.61	12.03	-1.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UMI.BR vs. GNG.AX - Sharpe Ratio Comparison

The current UMI.BR Sharpe Ratio is 2.56, which is comparable to the GNG.AX Sharpe Ratio of 2.77. The chart below compares the historical Sharpe Ratios of UMI.BR and GNG.AX, 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

	UMI.BR	GNG.AX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.56	2.77	-0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.30	1.09	-1.39
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.07	0.64	-0.57
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.31	-0.09

Drawdowns

UMI.BR vs. GNG.AX - Drawdown Comparison

The maximum UMI.BR drawdown since its inception was -86.39%, which is greater than GNG.AX's maximum drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for UMI.BR and GNG.AX.

Drawdown Indicators

	UMI.BR	GNG.AX	Difference
Max Drawdown Largest peak-to-trough decline	-86.39%	-81.80%	-4.59%
Max Drawdown (1Y) Largest decline over 1 year	-28.72%	-27.58%	-1.14%
Max Drawdown (3Y) Largest decline over 3 years	-71.99%	-27.58%	-44.41%
Max Drawdown (5Y) Largest decline over 5 years	-86.39%	-34.75%	-51.64%
Max Drawdown (10Y) Largest decline over 10 years	-86.39%	-69.99%	-16.40%
Current Drawdown Current decline from peak	-55.77%	-5.59%	-50.18%
Average Drawdown Average peak-to-trough decline	-26.31%	-33.98%	+7.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.00%	10.47%	+1.53%

Volatility

UMI.BR vs. GNG.AX - Volatility Comparison

Umicore SA (UMI.BR) has a higher volatility of 20.30% compared to GR Engineering Services Limited (GNG.AX) at 12.21%. This indicates that UMI.BR's price experiences larger fluctuations and is considered to be riskier than GNG.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UMI.BR	GNG.AX	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.30%	12.21%	+8.09%
Volatility (6M) Calculated over the trailing 6-month period	35.91%	34.98%	+0.93%
Volatility (1Y) Calculated over the trailing 1-year period	49.55%	44.96%	+4.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.73%	36.81%	+1.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.40%	41.89%	-5.49%

Dividends

UMI.BR vs. GNG.AX - Dividend Comparison

UMI.BR's dividend yield for the trailing twelve months is around 2.19%, which matches GNG.AX's 2.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GNG.AX GR Engineering Services Limited	2.18%	4.94%	7.69%	8.56%	9.31%	5.71%	4.92%	7.50%	10.28%	3.47%	7.35%	6.41%
UMI.BR Umicore SA	2.19%	1.40%	6.92%	2.77%	2.33%	2.10%	0.64%	1.79%	2.08%	2.48%	4.80%	5.17%

Financials

Frequently Asked Questions

Can I hold both UMI.BR and GNG.AX in my portfolio?

UMI.BR and GNG.AX have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.