ABX.TO vs. GOLD
Compare and contrast key facts about Barrick Gold Corporation (ABX.TO) and Barrick Gold Corporation (GOLD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ABX.TO or GOLD.
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
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Key characteristics
ABX.TO:
0.19
GOLD:
0.11
ABX.TO:
0.53
GOLD:
0.50
ABX.TO:
1.06
GOLD:
1.06
ABX.TO:
0.14
GOLD:
0.10
ABX.TO:
0.60
GOLD:
0.49
ABX.TO:
11.42%
GOLD:
12.84%
ABX.TO:
33.95%
GOLD:
35.66%
ABX.TO:
-84.51%
GOLD:
-88.51%
ABX.TO:
-43.26%
GOLD:
-58.76%
Fundamentals
ABX.TO:
CA$43.07B
GOLD:
$32.43B
ABX.TO:
CA$1.83
GOLD:
$1.32
ABX.TO:
13.63
GOLD:
14.29
ABX.TO:
1.51
GOLD:
1.50
ABX.TO:
3.24
GOLD:
2.44
ABX.TO:
1.26
GOLD:
1.26
ABX.TO:
CA$13.31B
GOLD:
$13.30B
ABX.TO:
CA$5.50B
GOLD:
$5.37B
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
12.33%
-10.80%
7.16%
4.15%
-6.92%
6.79%
GOLD
15.68%
-11.60%
8.31%
1.90%
-5.56%
5.63%
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Risk-Adjusted Performance
ABX.TO vs. GOLD — Risk-Adjusted Performance Rank
ABX.TO
GOLD
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.
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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.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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.
Total Revenue: Total amount of money received from sales and other business activities
ABX.TO vs. GOLD - Profitability Comparison
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%.