ARAAF vs. KGC

Last updated Aug 1, 2026

ARAAF (Aclara Resources Inc) and KGC (Kinross Gold Corporation) are both stocks. Both are in the Basic Materials sector — ARAAF in Other Industrial Metals & Mining, KGC in Gold. Over the past 3 years, ARAAF returned 97.28%/yr vs 71.30%/yr for KGC. Their 0.14 correlation means their historical movements had little consistent relationship.

Performance

ARAAF vs. KGC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aclara Resources Inc (ARAAF) and Kinross Gold Corporation (KGC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARAAF achieves a 60.18% return, which is significantly higher than KGC's -17.75% return.

ARAAF

• 1D: 0.40%
• 1M: -10.60%
• 6M: -4.89%
• YTD: 60.18%
• 1Y: 175.15%
• 3Y*: 97.28%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 18.38%

KGC

• 1D: -2.20%
• 1M: -6.52%
• 6M: -26.61%
• YTD: -17.75%
• 1Y: 43.30%
• 3Y*: 71.30%
• 5Y*: 30.97%
• 10Y*: 16.68%
• ALL TIME*: 4.99%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ARAAF Aclara Resources Inc	$160.52K	$201.49K	$247.19K
KGC Kinross Gold Corporation	$162.18M	$178.21M	$212.46M

ARAAF vs. KGC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ARAAF Aclara Resources Inc	60.18%	404.63%	-11.58%	49.59%	-78.68%	-4.89%
KGC Kinross Gold Corporation	-17.75%	206.11%	55.63%	51.83%	-27.59%	3.75%

Correlation

The correlation between ARAAF and KGC is 0.32, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.32
Correlation (3Y) Balances recent behavior with more history.	0.17
Correlation (All Time) Calculated using the full available price history since Dec 29, 2021	0.14

The correlation between ARAAF and KGC shifts across timeframes, from 0.14 (all time) to 0.32 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ARAAF : $613.37M KGC : $27.58B
EPS ARAAF : -$0.05 KGC : $2.61
PB Ratio ARAAF : 3.68 KGC : 2.86
Total Revenue (TTM) ARAAF : $0.00 KGC : $8.39B
Gross Profit (TTM) ARAAF : -$1.03M KGC : $4.50B
EBITDA (TTM) ARAAF : -$9.35M KGC : $5.58B

Return for Risk

ARAAF vs. KGC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ARAAF

ARAAF Risk / Return Rank: 86
ARAAF Sharpe Ratio Rank: 87
ARAAF Sortino Ratio Rank: 89
ARAAF Omega Ratio Rank: 84
ARAAF Calmar Ratio Rank: 87
ARAAF Martin Ratio Rank: 82

KGC

KGC Risk / Return Rank: 69
KGC Sharpe Ratio Rank: 73
KGC Sortino Ratio Rank: 68
KGC Omega Ratio Rank: 68
KGC Calmar Ratio Rank: 69
KGC Martin Ratio Rank: 68

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ARAAF vs. KGC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aclara Resources Inc (ARAAF) and Kinross Gold Corporation (KGC). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ARAAF	KGC	Difference
Sharpe ratio: Return per unit of total volatility	1.60	0.87	+0.72
Sortino ratio: Return per unit of downside risk	2.65	1.36	+1.29
Omega ratio: Gain probability vs. loss probability	1.30	1.18	+0.12
Calmar ratio: Return relative to maximum drawdown	3.04	1.12	+1.93
Martin ratio: Return relative to average drawdown	5.94	2.49	+3.45

ARAAF vs. KGC - Sharpe Ratio Comparison

The current ARAAF Sharpe Ratio is 1.60, which is higher than the KGC Sharpe Ratio of 0.87. The chart below compares the historical Sharpe Ratios of ARAAF and KGC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ARAAF vs. KGC - Drawdown Comparison

The maximum ARAAF drawdown since its inception was -84.58%, smaller than the maximum KGC drawdown of -96.00%. Use the drawdown chart below to compare losses from any high point for ARAAF and KGC.

Drawdown Indicators

	ARAAF	KGC	Difference
Max Drawdown Largest peak-to-trough decline	-84.58%	-96.00%	+11.42%
Max Drawdown (1Y) Largest decline over 1 year	-56.89%	-40.66%	-16.23%
Max Drawdown (3Y) Largest decline over 3 years	-56.89%	-40.66%	-16.23%
Max Drawdown (5Y) Largest decline over 5 years	—	-55.22%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-67.75%	—
Current Drawdown Current decline from peak	-33.77%	-39.16%	+5.39%
Average Drawdown Average peak-to-trough decline	-57.21%	-57.51%	+0.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.10%	18.22%	+10.88%

Volatility

ARAAF vs. KGC - Volatility Comparison

Aclara Resources Inc (ARAAF) has a higher volatility of 14.42% compared to Kinross Gold Corporation (KGC) at 12.31%. This indicates that ARAAF's price experiences larger fluctuations and is considered to be riskier than KGC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARAAF	KGC	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.42%	12.31%	+2.11%
Volatility (6M) Calculated over the trailing 6-month period	54.42%	40.64%	+13.78%
Volatility (1Y) Calculated over the trailing 1-year period	108.64%	52.21%	+56.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	117.17%	44.41%	+72.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	117.17%	46.87%	+70.30%

Dividends

ARAAF vs. KGC - Dividend Comparison

ARAAF has not paid dividends to shareholders, while KGC's dividend yield for the trailing twelve months is around 0.63%.

Position	TTM	2025	2024	2023	2022	2021	2020
ARAAF Aclara Resources Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
KGC Kinross Gold Corporation	0.63%	0.44%	1.29%	1.98%	2.93%	2.69%	0.82%

Financials

Frequently Asked Questions

Can I hold both ARAAF and KGC in my portfolio?

ARAAF and KGC have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARAAF or KGC?

ARAAF has higher volatility (14.42%) compared to KGC (12.31%). In terms of maximum drawdown, ARAAF dropped -84.58% vs KGC's -96.00%.

Which has better risk-adjusted returns?

ARAAF currently has the higher Sharpe Ratio (1.60 vs 0.87), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.