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ABX.TO vs. GOLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between ABX.TO and GOLD is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

ABX.TO vs. GOLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Barrick Gold Corporation (ABX.TO) and Barrick Gold Corporation (GOLD). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

ABX.TO:

0.19

GOLD:

0.11

Sortino Ratio

ABX.TO:

0.53

GOLD:

0.50

Omega Ratio

ABX.TO:

1.06

GOLD:

1.06

Calmar Ratio

ABX.TO:

0.14

GOLD:

0.10

Martin Ratio

ABX.TO:

0.60

GOLD:

0.49

Ulcer Index

ABX.TO:

11.42%

GOLD:

12.84%

Daily Std Dev

ABX.TO:

33.95%

GOLD:

35.66%

Max Drawdown

ABX.TO:

-84.51%

GOLD:

-88.51%

Current Drawdown

ABX.TO:

-43.26%

GOLD:

-58.76%

Fundamentals

Market Cap

ABX.TO:

CA$43.07B

GOLD:

$32.43B

EPS

ABX.TO:

CA$1.83

GOLD:

$1.32

PE Ratio

ABX.TO:

13.63

GOLD:

14.29

PEG Ratio

ABX.TO:

1.51

GOLD:

1.50

PS Ratio

ABX.TO:

3.24

GOLD:

2.44

PB Ratio

ABX.TO:

1.26

GOLD:

1.26

Total Revenue (TTM)

ABX.TO:

CA$13.31B

GOLD:

$13.30B

Gross Profit (TTM)

ABX.TO:

CA$5.50B

GOLD:

$5.37B

EBITDA (TTM)

ABX.TO:

CA$3.19B

GOLD:

$7.30B

Returns By Period

In the year-to-date period, ABX.TO achieves a 12.33% return, which is significantly lower than GOLD's 15.68% return. Over the past 10 years, ABX.TO has outperformed GOLD with an annualized return of 6.79%, while GOLD has yielded a comparatively lower 5.63% annualized return.


ABX.TO

YTD

12.33%

1M

-10.80%

6M

7.16%

1Y

4.15%

5Y*

-6.92%

10Y*

6.79%

GOLD

YTD

15.68%

1M

-11.60%

6M

8.31%

1Y

1.90%

5Y*

-5.56%

10Y*

5.63%

*Annualized

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Risk-Adjusted Performance

ABX.TO vs. GOLD — Risk-Adjusted Performance Rank

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

ABX.TO
The Risk-Adjusted Performance Rank of ABX.TO is 5656
Overall Rank
The Sharpe Ratio Rank of ABX.TO is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of ABX.TO is 5151
Sortino Ratio Rank
The Omega Ratio Rank of ABX.TO is 5050
Omega Ratio Rank
The Calmar Ratio Rank of ABX.TO is 5757
Calmar Ratio Rank
The Martin Ratio Rank of ABX.TO is 5959
Martin Ratio Rank

GOLD
The Risk-Adjusted Performance Rank of GOLD is 5454
Overall Rank
The Sharpe Ratio Rank of GOLD is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of GOLD is 5151
Sortino Ratio Rank
The Omega Ratio Rank of GOLD is 4949
Omega Ratio Rank
The Calmar Ratio Rank of GOLD is 5656
Calmar Ratio Rank
The Martin Ratio Rank of GOLD is 5757
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ABX.TO vs. GOLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Barrick Gold Corporation (ABX.TO) and Barrick Gold Corporation (GOLD). 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.


The current ABX.TO Sharpe Ratio is 0.19, which is higher than the GOLD Sharpe Ratio of 0.11. The chart below compares the historical Sharpe Ratios of ABX.TO and GOLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

ABX.TO vs. GOLD - Dividend Comparison

ABX.TO's dividend yield for the trailing twelve months is around 1.60%, less than GOLD's 2.24% yield.


TTM20242023202220212020201920182017201620152014
ABX.TO
Barrick Gold Corporation
1.60%1.79%1.67%2.80%3.24%1.07%0.81%1.22%1.02%0.59%1.69%2.16%
GOLD
Barrick Gold Corporation
2.24%2.58%2.21%3.78%1.89%1.36%0.70%1.40%0.83%0.50%1.90%1.87%

Drawdowns

ABX.TO vs. GOLD - Drawdown Comparison

The maximum ABX.TO drawdown since its inception was -84.51%, roughly equal to the maximum GOLD drawdown of -88.51%. Use the drawdown chart below to compare losses from any high point for ABX.TO and GOLD. For additional features, visit the drawdowns tool.


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Volatility

ABX.TO vs. GOLD - Volatility Comparison

The current volatility for Barrick Gold Corporation (ABX.TO) is 11.18%, while Barrick Gold Corporation (GOLD) has a volatility of 11.95%. This indicates that ABX.TO experiences smaller price fluctuations and is considered to be less risky than GOLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

ABX.TO vs. GOLD - Financials Comparison

This section allows you to compare key financial metrics between Barrick Gold Corporation and Barrick Gold Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


2.60B2.80B3.00B3.20B3.40B3.60B20212022202320242025
3.13B
3.13B
(ABX.TO) Total Revenue
(GOLD) Total Revenue
Please note, different currencies. ABX.TO values in CAD, GOLD values in USD

ABX.TO vs. GOLD - Profitability Comparison

The chart below illustrates the profitability comparison between Barrick Gold Corporation and Barrick Gold Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

25.0%30.0%35.0%40.0%45.0%20212022202320242025
43.0%
43.0%
(ABX.TO) Gross Margin
(GOLD) Gross Margin
ABX.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Barrick Gold Corporation reported a gross profit of 1.35B and revenue of 3.13B. Therefore, the gross margin over that period was 43.0%.

GOLD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Barrick Gold Corporation reported a gross profit of 1.35B and revenue of 3.13B. Therefore, the gross margin over that period was 43.0%.

ABX.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Barrick Gold Corporation reported an operating income of 1.23B and revenue of 3.13B, resulting in an operating margin of 39.3%.

GOLD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Barrick Gold Corporation reported an operating income of 1.23B and revenue of 3.13B, resulting in an operating margin of 39.3%.

ABX.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Barrick Gold Corporation reported a net income of 474.00M and revenue of 3.13B, resulting in a net margin of 15.1%.

GOLD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Barrick Gold Corporation reported a net income of 474.00M and revenue of 3.13B, resulting in a net margin of 15.1%.