ARIS.TO vs. XGD.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Aris Gold Corporation (ARIS.TO) and iShares S&P/TSX Global Gold Index ETF (XGD.TO).

XGD.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl Gold GR CAD. It was launched on Mar 23, 2001.

Performance

ARIS.TO vs. XGD.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Aris Gold Corporation (ARIS.TO) and iShares S&P/TSX Global Gold Index ETF (XGD.TO). The values are adjusted to include any dividend payments, if applicable.

ARIS.TO vs. XGD.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ARIS.TO Aris Gold Corporation	16.04%	341.67%	15.33%	30.45%	-35.40%	-31.57%	350.88%
XGD.TO iShares S&P/TSX Global Gold Index ETF	10.99%	144.45%	19.63%	3.91%	-3.10%	-5.81%	27.19%

Returns By Period

In the year-to-date period, ARIS.TO achieves a 16.04% return, which is significantly higher than XGD.TO's 10.99% return.

ARIS.TO

• 1D: 7.94%
• 1M: -16.41%
• YTD: 16.04%
• 6M: 89.37%
• 1Y: 288.42%
• 3Y*: 83.65%
• 5Y*: 36.61%
• 10Y*: —

XGD.TO

• 1D: 6.65%
• 1M: -17.83%
• YTD: 10.99%
• 6M: 23.93%
• 1Y: 98.94%
• 3Y*: 44.74%
• 5Y*: 26.71%
• 10Y*: 18.24%

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

Return for Risk

ARIS.TO vs. XGD.TO — Risk / Return Rank

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

ARIS.TO

ARIS.TO Risk / Return Rank: 98
ARIS.TO Sharpe Ratio Rank: 99
ARIS.TO Sortino Ratio Rank: 97
ARIS.TO Omega Ratio Rank: 97
ARIS.TO Calmar Ratio Rank: 99
ARIS.TO Martin Ratio Rank: 99

XGD.TO

XGD.TO Risk / Return Rank: 93
XGD.TO Sharpe Ratio Rank: 95
XGD.TO Sortino Ratio Rank: 91
XGD.TO Omega Ratio Rank: 91
XGD.TO Calmar Ratio Rank: 94
XGD.TO Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ARIS.TO vs. XGD.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aris Gold Corporation (ARIS.TO) and iShares S&P/TSX Global Gold Index ETF (XGD.TO). 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.

	ARIS.TO	XGD.TO	Difference
Sharpe ratio Return per unit of total volatility	5.08	2.31	+2.77
Sortino ratio Return per unit of downside risk	4.03	2.54	+1.49
Omega ratio Gain probability vs. loss probability	1.58	1.38	+0.19
Calmar ratio Return relative to maximum drawdown	10.41	3.51	+6.90
Martin ratio Return relative to average drawdown	37.40	12.81	+24.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ARIS.TO vs. XGD.TO - Sharpe Ratio Comparison

The current ARIS.TO Sharpe Ratio is 5.08, which is higher than the XGD.TO Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of ARIS.TO and XGD.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ARIS.TO	XGD.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.08	2.31	+2.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	0.84	-0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.55	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.26	+0.27

Correlation

The correlation between ARIS.TO and XGD.TO is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ARIS.TO vs. XGD.TO - Dividend Comparison

ARIS.TO has not paid dividends to shareholders, while XGD.TO's dividend yield for the trailing twelve months is around 0.56%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARIS.TO Aris Gold Corporation	0.00%	0.00%	0.00%	0.00%	3.58%	3.38%	0.56%	0.00%	0.00%	0.00%	0.00%	0.00%
XGD.TO iShares S&P/TSX Global Gold Index ETF	0.56%	0.62%	0.93%	1.49%	1.80%	1.38%	0.35%	0.54%	0.25%	0.14%	0.09%	0.57%

Drawdowns

ARIS.TO vs. XGD.TO - Drawdown Comparison

The maximum ARIS.TO drawdown since its inception was -65.19%, smaller than the maximum XGD.TO drawdown of -72.55%. Use the drawdown chart below to compare losses from any high point for ARIS.TO and XGD.TO.

Drawdown Indicators

	ARIS.TO	XGD.TO	Difference
Max Drawdown Largest peak-to-trough decline	-65.19%	-72.55%	+7.36%
Max Drawdown (1Y) Largest decline over 1 year	-28.51%	-28.95%	+0.44%
Max Drawdown (5Y) Largest decline over 5 years	-54.39%	-40.82%	-13.57%
Max Drawdown (10Y) Largest decline over 10 years	—	-46.96%	—
Current Drawdown Current decline from peak	-16.41%	-17.83%	+1.42%
Average Drawdown Average peak-to-trough decline	-30.72%	-28.37%	-2.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.93%	7.93%	0.00%

Volatility

ARIS.TO vs. XGD.TO - Volatility Comparison

Aris Gold Corporation (ARIS.TO) has a higher volatility of 19.69% compared to iShares S&P/TSX Global Gold Index ETF (XGD.TO) at 17.06%. This indicates that ARIS.TO's price experiences larger fluctuations and is considered to be riskier than XGD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARIS.TO	XGD.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.69%	17.06%	+2.63%
Volatility (6M) Calculated over the trailing 6-month period	45.41%	35.63%	+9.78%
Volatility (1Y) Calculated over the trailing 1-year period	57.22%	43.08%	+14.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.94%	31.99%	+16.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	108.23%	33.59%	+74.64%