VALE vs. QQ.L
VALE (Vale S.A.) and QQ.L (QinetiQ Group plc) are both stocks. VALE operates in Other Industrial Metals & Mining (Basic Materials), while QQ.L operates in Aerospace & Defense (Industrials). Over the past 10 years, VALE returned 20.98%/yr vs 8.69%/yr for QQ.L. At a 0.23 correlation, their price movements are largely independent.
Performance
VALE vs. QQ.L - Performance Comparison
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Different Trading Currencies
VALE is traded in USD, while QQ.L is traded in GBp. To make them comparable, the QQ.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 QQ.L's 7.41% return. Over the past 10 years, VALE has outperformed QQ.L with an annualized return of 20.98%, while QQ.L has yielded a comparatively lower 8.69% annualized 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%
QQ.L
- 1D
- 1.12%
- 1M
- 10.48%
- YTD
- 7.41%
- 6M
- 13.69%
- 1Y
- -13.24%
- 3Y*
- 13.35%
- 5Y*
- 7.28%
- 10Y*
- 8.69%
VALE vs. QQ.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% |
QQ.L QinetiQ Group plc | 7.41% | 16.51% | 34.93% | -6.83% | 22.49% | -15.85% | -5.88% | 32.93% | 19.94% | -1.29% |
Correlation
The correlation between VALE and QQ.L is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2007 | 0.23 |
Fundamentals
VALE:
$64.08B
QQ.L:
£2.48B
VALE:
$0.65
QQ.L:
-£0.14
VALE:
1.62
QQ.L:
0.67
VALE:
1.75
QQ.L:
4.49
VALE:
$39.53B
QQ.L:
£3.85B
VALE:
$13.65B
QQ.L:
£372.10M
VALE:
$14.33B
QQ.L:
£533.20M
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Return for Risk
VALE vs. QQ.L — Risk / Return Rank
VALE
QQ.L
VALE vs. QQ.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vale S.A. (VALE) and QinetiQ Group plc (QQ.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 | QQ.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.49 | ||
| Sortino ratioReturn per unit of downside risk | +3.04 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 0.96 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 3.35 | -0.49 | +3.84 |
| Martin ratioReturn relative to average drawdown | 11.56 | -0.95 | +12.51 |
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
| VALE | QQ.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.09 | -0.40 | +2.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | 0.22 | -0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | 0.28 | +0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.16 | +0.14 |
Drawdowns
VALE vs. QQ.L - Drawdown Comparison
The maximum VALE drawdown since its inception was -92.78%, which is greater than QQ.L's maximum drawdown of -61.16%. Use the drawdown chart below to compare losses from any high point for VALE and QQ.L.
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Drawdown Indicators
| VALE | QQ.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.78% | -61.16% | -31.62% |
Max Drawdown (1Y)Largest decline over 1 year | -19.85% | -27.17% | +7.32% |
Max Drawdown (3Y)Largest decline over 3 years | -41.94% | -32.62% | -9.32% |
Max Drawdown (5Y)Largest decline over 5 years | -49.79% | -33.81% | -15.98% |
Max Drawdown (10Y)Largest decline over 10 years | -57.60% | -43.00% | -14.60% |
Current DrawdownCurrent decline from peak | -15.88% | -16.77% | +0.89% |
Average DrawdownAverage peak-to-trough decline | -36.72% | -20.64% | -16.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.75% | 13.11% | -7.36% |
Volatility
VALE vs. QQ.L - Volatility Comparison
The current volatility for Vale S.A. (VALE) is 9.08%, while QinetiQ Group plc (QQ.L) has a volatility of 12.12%. This indicates that VALE experiences smaller price fluctuations and is considered to be less risky than QQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VALE | QQ.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.08% | 12.12% | -3.04% |
Volatility (6M)Calculated over the trailing 6-month period | 26.61% | 23.27% | +3.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.92% | 32.69% | -0.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.45% | 32.44% | +3.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.87% | 31.02% | +9.85% |
Dividends
VALE vs. QQ.L - Dividend Comparison
VALE's dividend yield for the trailing twelve months is around 3.83%, more than QQ.L's 1.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQ.L QinetiQ Group plc | 1.90% | 2.00% | 1.99% | 2.49% | 2.04% | 2.59% | 2.06% | 1.84% | 2.20% | 2.60% | 2.17% | 1.99% |
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. QQ.L - Financials Comparison
This section allows you to compare key financial metrics between Vale S.A. and QinetiQ Group plc. 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
VALE vs. QQ.L - Profitability Comparison
VALE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Vale S.A. reported a gross profit of 3.06B and revenue of 9.26B. Therefore, the gross margin over that period was 33.0%.
QQ.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, QinetiQ Group plc reported a gross profit of 110.20M and revenue of 1.02B. Therefore, the gross margin over that period was 10.8%.
VALE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Vale S.A. reported an operating income of 2.67B and revenue of 9.26B, resulting in an operating margin of 28.8%.
QQ.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, QinetiQ Group plc reported an operating income of 110.20M and revenue of 1.02B, resulting in an operating margin of 10.8%.
VALE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Vale S.A. reported a net income of 1.89B and revenue of 9.26B, resulting in a net margin of 20.5%.
QQ.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, QinetiQ Group plc reported a net income of 69.20M and revenue of 1.02B, resulting in a net margin of 6.8%.
Frequently Asked Questions
VALE and QQ.L have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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