AU vs. KGC
AU (AngloGold Ashanti Limited) and KGC (Kinross Gold Corporation) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, AU returned 17.68%/yr vs 17.28%/yr for KGC. A 0.66 correlation means they provide meaningful diversification when combined.
Performance
AU vs. KGC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AU achieves a -2.38% return, which is significantly higher than KGC's -15.90% return. Both investments have delivered pretty close results over the past 10 years, with AU having a 17.68% annualized return and KGC not far behind at 17.28%.
AU
- 1D
- -1.10%
- 1M
- -16.47%
- YTD
- -2.38%
- 6M
- -3.62%
- 1Y
- 87.31%
- 3Y*
- 61.61%
- 5Y*
- 37.72%
- 10Y*
- 17.68%
KGC
- 1D
- -0.67%
- 1M
- -21.74%
- YTD
- -15.90%
- 6M
- -17.22%
- 1Y
- 51.96%
- 3Y*
- 72.58%
- 5Y*
- 32.37%
- 10Y*
- 17.28%
AU vs. KGC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AU AngloGold Ashanti Limited | -2.38% | 288.18% | 25.43% | -2.68% | -5.09% | -4.87% | 1.90% | 78.89% | 23.96% | -2.23% |
KGC Kinross Gold Corporation | -15.90% | 206.11% | 55.63% | 51.83% | -27.59% | -19.00% | 56.04% | 46.30% | -25.00% | 38.91% |
Correlation
The correlation between AU and KGC is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Aug 5, 1998 | 0.66 |
The correlation between AU and KGC shifts across timeframes, from 0.66 (all time) to 0.84 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
AU:
$40.84B
KGC:
$28.44B
AU:
$6.85
KGC:
$2.36
AU:
11.80
KGC:
10.00
AU:
0.14
KGC:
0.13
AU:
3.67
KGC:
3.60
AU:
4.79
KGC:
3.12
AU:
$11.17B
KGC:
$7.94B
AU:
$5.82B
KGC:
$4.19B
AU:
$5.58B
KGC:
$5.02B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AU vs. KGC — Risk / Return Rank
AU
KGC
AU vs. KGC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AngloGold Ashanti Limited (AU) 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.
| AU | KGC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.20 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.37 | 1.38 | +0.99 |
| Martin ratioReturn relative to average drawdown | 5.71 | 3.61 | +2.10 |
Loading charts...
Drawdowns
AU vs. KGC - Drawdown Comparison
The maximum AU drawdown since its inception was -90.12%, smaller than the maximum KGC drawdown of -96.00%. Use the drawdown chart below to compare losses from any high point for AU and KGC.
Loading charts...
Drawdown Indicators
| AU | KGC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.12% | -96.00% | +5.88% |
Max Drawdown (1Y)Largest decline over 1 year | -37.03% | -37.79% | +0.76% |
Max Drawdown (3Y)Largest decline over 3 years | -37.03% | -37.79% | +0.76% |
Max Drawdown (5Y)Largest decline over 5 years | -51.75% | -55.22% | +3.47% |
Max Drawdown (10Y)Largest decline over 10 years | -67.91% | -67.75% | -0.16% |
Current DrawdownCurrent decline from peak | -35.09% | -37.79% | +2.70% |
Average DrawdownAverage peak-to-trough decline | -46.05% | -57.57% | +11.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.35% | 14.43% | +0.92% |
Volatility
AU vs. KGC - Volatility Comparison
AngloGold Ashanti Limited (AU) has a higher volatility of 19.22% compared to Kinross Gold Corporation (KGC) at 17.09%. This indicates that AU'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.
Loading charts...
Volatility by Period
| AU | KGC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.22% | 17.09% | +2.13% |
Volatility (6M)Calculated over the trailing 6-month period | 47.52% | 41.55% | +5.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.71% | 51.94% | +6.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.35% | 44.26% | +5.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.81% | 46.98% | +2.83% |
Dividends
AU vs. KGC - Dividend Comparison
AU's dividend yield for the trailing twelve months is around 5.69%, more than KGC's 0.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
AU AngloGold Ashanti Limited | 5.69% | 2.96% | 1.78% | 1.14% | 2.26% | 2.58% | 0.49% | 0.30% | 0.48% | 0.93% |
KGC Kinross Gold Corporation | 0.61% | 0.44% | 1.29% | 1.98% | 2.93% | 2.69% | 0.82% | 0.00% | 0.00% | 0.00% |
Financials
AU vs. KGC - Financials Comparison
This section allows you to compare key financial metrics between AngloGold Ashanti Limited and Kinross 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
AU vs. KGC - Profitability Comparison
AU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, AngloGold Ashanti Limited reported a gross profit of 1.88B and revenue of 3.24B. Therefore, the gross margin over that period was 58.2%.
KGC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Kinross Gold Corporation reported a gross profit of 1.37B and revenue of 2.37B. Therefore, the gross margin over that period was 57.8%.
AU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, AngloGold Ashanti Limited reported an operating income of 1.84B and revenue of 3.24B, resulting in an operating margin of 56.8%.
KGC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Kinross Gold Corporation reported an operating income of 1.31B and revenue of 2.37B, resulting in an operating margin of 55.1%.
AU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, AngloGold Ashanti Limited reported a net income of 1.28B and revenue of 3.24B, resulting in a net margin of 39.6%.
KGC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Kinross Gold Corporation reported a net income of 831.32M and revenue of 2.37B, resulting in a net margin of 35.0%.
Frequently Asked Questions
AU and KGC have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AU has higher volatility (19.22%) compared to KGC (17.09%). In terms of maximum drawdown, AU dropped -90.12% vs KGC's -96.00%.
AU currently has the higher Sharpe Ratio (1.50 vs 1.01), 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.
Find the right allocation for AU and KGC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer