VALE vs. MKA.L
VALE (Vale S.A.) and MKA.L (Mkango Resources Ltd) are both stocks. Both operate in the Other Industrial Metals & Mining industry within the Basic Materials sector. Over the past 5 years, VALE returned 1.65%/yr vs 5.07%/yr for MKA.L. At a 0.10 correlation, their price movements are largely independent.
Performance
VALE vs. MKA.L - Performance Comparison
Loading charts...
Different Trading Currencies
VALE is traded in USD, while MKA.L is traded in GBp. To make them comparable, the MKA.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, VALE achieves a 15.04% return, which is significantly higher than MKA.L's -10.47% return.
VALE
- 1D
- -1.58%
- 1M
- -9.86%
- YTD
- 15.04%
- 6M
- 19.11%
- 1Y
- 66.24%
- 3Y*
- 10.73%
- 5Y*
- 1.65%
- 10Y*
- 20.98%
MKA.L
- 1D
- 2.49%
- 1M
- -7.63%
- YTD
- -10.47%
- 6M
- -15.90%
- 1Y
- 147.26%
- 3Y*
- 60.60%
- 5Y*
- 5.07%
- 10Y*
- —
VALE vs. MKA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VALE Vale S.A. | 15.04% | 60.70% | -38.83% | 1.57% | 32.54% | -1.45% | 32.40% | 2.72% | 12.25% | 68.03% |
MKA.L Mkango Resources Ltd | -10.47% | 529.04% | -32.02% | -1.17% | -64.71% | 75.54% | 109.72% | 4.01% | 11.91% | 144.31% |
Correlation
The correlation between VALE and MKA.L is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Jun 16, 2016 | 0.10 |
Fundamentals
VALE:
$64.08B
MKA.L:
£146.26M
VALE:
$0.65
MKA.L:
-£0.04
VALE:
1.62
MKA.L:
2.72K
VALE:
$39.53B
MKA.L:
£50.78K
VALE:
$13.65B
MKA.L:
-£544.15K
VALE:
$14.33B
MKA.L:
-£17.87M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VALE vs. MKA.L — Risk / Return Rank
VALE
MKA.L
VALE vs. MKA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vale S.A. (VALE) and Mkango Resources Ltd (MKA.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.
| VALE | MKA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.55 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.28 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.35 | 2.84 | +0.51 |
| Martin ratioReturn relative to average drawdown | 11.56 | 5.91 | +5.65 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| VALE | MKA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.09 | 1.54 | +0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | 0.07 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.27 | +0.04 |
Drawdowns
VALE vs. MKA.L - Drawdown Comparison
The maximum VALE drawdown since its inception was -92.78%, roughly equal to the maximum MKA.L drawdown of -89.22%. Use the drawdown chart below to compare losses from any high point for VALE and MKA.L.
Loading charts...
Drawdown Indicators
| VALE | MKA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.78% | -89.22% | -3.56% |
Max Drawdown (1Y)Largest decline over 1 year | -19.85% | -51.55% | +31.70% |
Max Drawdown (3Y)Largest decline over 3 years | -41.94% | -66.46% | +24.52% |
Max Drawdown (5Y)Largest decline over 5 years | -49.79% | -89.22% | +39.43% |
Max Drawdown (10Y)Largest decline over 10 years | -57.60% | — | — |
Current DrawdownCurrent decline from peak | -15.88% | -39.03% | +23.15% |
Average DrawdownAverage peak-to-trough decline | -36.72% | -45.46% | +8.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.75% | 24.81% | -19.06% |
Volatility
VALE vs. MKA.L - Volatility Comparison
The current volatility for Vale S.A. (VALE) is 9.08%, while Mkango Resources Ltd (MKA.L) has a volatility of 22.35%. This indicates that VALE experiences smaller price fluctuations and is considered to be less risky than MKA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VALE | MKA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.08% | 22.35% | -13.27% |
Volatility (6M)Calculated over the trailing 6-month period | 26.61% | 48.60% | -21.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.92% | 95.35% | -63.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.45% | 77.87% | -42.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.87% | 96.62% | -55.75% |
Dividends
VALE vs. MKA.L - Dividend Comparison
VALE's dividend yield for the trailing twelve months is around 3.83%, while MKA.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MKA.L Mkango Resources Ltd | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VALE Vale S.A. | 3.83% | 7.29% | 11.41% | 7.75% | 8.63% | 19.70% | 2.72% | 2.63% | 4.16% | 3.77% | 1.06% | 7.48% |
Financials
VALE vs. MKA.L - Financials Comparison
This section allows you to compare key financial metrics between Vale S.A. and Mkango Resources Ltd. 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
VALE and MKA.L have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for VALE and MKA.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer