AU vs. ASTS

Last updated Jun 13, 2026

AU (AngloGold Ashanti Limited) and ASTS (AST SpaceMobile, Inc.) are both stocks. AU operates in Gold (Basic Materials), while ASTS operates in Communication Equipment (Technology). Over the past 5 years, AU returned 35.46%/yr vs 51.99%/yr for ASTS. At a 0.08 correlation, their price movements are largely independent.

Performance

AU vs. ASTS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AngloGold Ashanti Limited (AU) and AST SpaceMobile, Inc. (ASTS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AU achieves a 4.15% return, which is significantly lower than ASTS's 13.47% return.

AU

• 1D: 3.75%
• 1M: -14.67%
• YTD: 4.15%
• 6M: 7.11%
• 1Y: 86.54%
• 3Y*: 58.20%
• 5Y*: 35.46%
• 10Y*: 20.46%

ASTS

• 1D: -15.53%
• 1M: 10.16%
• YTD: 13.47%
• 6M: 7.44%
• 1Y: 123.21%
• 3Y*: 140.29%
• 5Y*: 51.99%
• 10Y*: —

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

AU vs. ASTS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AU AngloGold Ashanti Limited	4.15%	288.18%	25.43%	-2.68%	-5.09%	-7.22%
ASTS AST SpaceMobile, Inc.	13.47%	244.22%	249.92%	25.10%	-39.29%	-31.73%

Correlation

The correlation between AU and ASTS is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (All Time) Calculated using the full available price history since Apr 7, 2021	0.08

The correlation between AU and ASTS shifts across timeframes, from 0.08 (all time) to 0.22 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap AU : $43.57B ASTS : $23.96B
EPS AU : $6.85 ASTS : -$1.84
PS Ratio AU : 3.92 ASTS : 257.48
PB Ratio AU : 5.11 ASTS : 9.00
Total Revenue (TTM) AU : $11.17B ASTS : $84.94M
Gross Profit (TTM) AU : $5.82B ASTS : -$22.93M
EBITDA (TTM) AU : $5.58B ASTS : -$536.80M

Return for Risk

AU vs. ASTS — Risk / Return Rank

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

AU

AU Risk / Return Rank: 79
AU Sharpe Ratio Rank: 83
AU Sortino Ratio Rank: 77
AU Omega Ratio Rank: 77
AU Calmar Ratio Rank: 80
AU Martin Ratio Rank: 81

ASTS

ASTS Risk / Return Rank: 77
ASTS Sharpe Ratio Rank: 77
ASTS Sortino Ratio Rank: 77
ASTS Omega Ratio Rank: 73
ASTS Calmar Ratio Rank: 81
ASTS Martin Ratio Rank: 77

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.

AU vs. ASTS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AngloGold Ashanti Limited (AU) and AST SpaceMobile, Inc. (ASTS). 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.

	AU	ASTS	Difference
Sharpe ratio: Return per unit of total volatility	1.50	1.17	+0.33
Sortino ratio: Return per unit of downside risk	1.95	1.99	-0.03
Omega ratio: Gain probability vs. loss probability	1.26	1.23	+0.03
Calmar ratio: Return relative to maximum drawdown	2.35	2.60	-0.25
Martin ratio: Return relative to average drawdown	6.18	5.06	+1.12

AU vs. ASTS - Sharpe Ratio Comparison

The current AU Sharpe Ratio is 1.50, which is comparable to the ASTS Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of AU and ASTS, 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

AU vs. ASTS - Drawdown Comparison

The maximum AU drawdown since its inception was -90.12%, which is greater than ASTS's maximum drawdown of -85.57%. Use the drawdown chart below to compare losses from any high point for AU and ASTS.

Drawdown Indicators

	AU	ASTS	Difference
Max Drawdown Largest peak-to-trough decline	-90.12%	-85.57%	-4.55%
Max Drawdown (1Y) Largest decline over 1 year	-37.03%	-47.69%	+10.66%
Max Drawdown (3Y) Largest decline over 3 years	-38.71%	-70.66%	+31.95%
Max Drawdown (5Y) Largest decline over 5 years	-51.75%	-85.57%	+33.82%
Max Drawdown (10Y) Largest decline over 10 years	-67.91%	—	—
Current Drawdown Current decline from peak	-30.75%	-38.08%	+7.33%
Average Drawdown Average peak-to-trough decline	-46.07%	-40.51%	-5.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.04%	24.42%	-10.38%

Volatility

AU vs. ASTS - Volatility Comparison

The current volatility for AngloGold Ashanti Limited (AU) is 21.02%, while AST SpaceMobile, Inc. (ASTS) has a volatility of 41.20%. This indicates that AU experiences smaller price fluctuations and is considered to be less risky than ASTS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AU	ASTS	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.02%	41.20%	-20.18%
Volatility (6M) Calculated over the trailing 6-month period	46.50%	85.03%	-38.53%
Volatility (1Y) Calculated over the trailing 1-year period	58.45%	105.98%	-47.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.13%	109.52%	-60.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.79%	111.00%	-61.21%

Dividends

AU vs. ASTS - Dividend Comparison

AU's dividend yield for the trailing twelve months is around 5.33%, while ASTS has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ASTS AST SpaceMobile, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
AU AngloGold Ashanti Limited	5.33%	2.96%	1.78%	1.14%	2.26%	2.58%	0.49%	0.30%	0.48%	0.93%

Financials

Frequently Asked Questions

Can I hold both AU and ASTS in my portfolio?

AU and ASTS have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AU or ASTS?

ASTS has higher volatility (41.20%) compared to AU (21.02%). In terms of maximum drawdown, AU dropped -90.12% vs ASTS's -85.57%.

Which has better risk-adjusted returns?

AU currently has the higher Sharpe Ratio (1.50 vs 1.17), 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.