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LEGT vs IONR

Comparison between Legato Merger Corp. III (LEGT, Company) and ioneer Ltd (IONR, Company).

LEGT is from the Financial Services sector, while IONR is from the Basic Materials sector.

LEGT vs IONR - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap
Winner
LEGT
$197M
IONR
$197M
Max Drawdown
Winner
LEGT
15.15%
IONR
87.76%
Sharpe Ratio
LEGT
-0.46
Winner
IONR
0.35
5Y Beta
LEGT
N/A
IONR
1.10
Industry
LEGT
Shell Companies
IONR
Other Industrial Metals & Mining
P/E Ratio
LEGT
27.59
Winner
IONR
-22762.76
PEG Ratio
LEGT
N/A
IONR
-159.73
5Y EPS CAGR
LEGT
N/A
IONR
-20.58%
Debt to Equity
Winner
LEGT
0.00%
IONR
0.15%
Free Cash Flow Yield
Winner
LEGT
-0.44%
IONR
-10.87%
P/S Ratio
LEGT
N/A
IONR
394.88
P/B Ratio
Winner
LEGT
1.00
IONR
1.09

LEGT vs IONR - Historical Returns

Returns include dividend reinvestment.

1M
Winner
LEGT
-14.16%
IONR
-22.54%
3M
Winner
LEGT
-12.90%
IONR
-16.32%
6M
Winner
LEGT
-12.01%
IONR
-49.45%
1Y
LEGT
-10.36%
Winner
IONR
-8.50%
5Y(CAGR)
LEGT
N/A
IONR
-34.14%
Max(CAGR)
Winner
LEGT
-2.43%
IONR
-34.14%

LEGT vs IONR - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

YearLEGTIONR
2026-12.01%-38.12%
2025+5.73%+19.55%
2024+2.39%-4.09%
2023N/A-61.81%
2022N/A-38.27%

LEGT vs IONR Drawdown Comparison

The maximum drawdown for LEGT was -15.15%, occurring on Jun 9, 2026. This drawdown has not yet recovered.

The maximum drawdown for IONR was -87.76%, occurring on Jun 24, 2025. This drawdown has not yet recovered.

The current LEGT drawdown is -15.15%. The current IONR drawdown is -84.24%.

RankLEGTIONR
#1-15.15%
Feb 19, 2026 - Jun 9, 2026
-87.76%
Aug 8, 2022 - Jun 24, 2025
#2-3.71%
Nov 10, 2025 - Feb 19, 2026
-32.84%
Jun 30, 2022 - Aug 4, 2022
#3-2.66%
Oct 16, 2025 - Nov 6, 2025
N/A
#4-1.04%
Apr 14, 2025 - Apr 29, 2025
N/A
#5-0.83%
Aug 14, 2025 - Oct 9, 2025
N/A
#6-0.75%
May 19, 2025 - Jun 23, 2025
N/A
#7-0.70%
May 7, 2025 - May 16, 2025
N/A
#8-0.69%
Jun 10, 2024 - Jul 31, 2024
N/A
#9-0.57%
Mar 31, 2025 - Apr 14, 2025
N/A
#10-0.47%
Jul 1, 2025 - Jul 22, 2025
N/A
#11-0.39%
Dec 16, 2024 - Jan 22, 2025
N/A
#12-0.37%
Jul 22, 2025 - Aug 14, 2025
N/A
#13-0.35%
Apr 19, 2024 - Apr 30, 2024
N/A
#14-0.35%
Apr 30, 2024 - Jun 10, 2024
N/A
#15-0.29%
Feb 10, 2025 - Mar 3, 2025
N/A

Correlation

Correlation between LEGT and IONR is -0.31 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.31
-101

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