AVPT vs. RGLD
AVPT (AvePoint, Inc.) and RGLD (Royal Gold, Inc.) are both stocks. AVPT operates in Software - Infrastructure (Technology), while RGLD operates in Gold (Basic Materials). Over the past 3 years, AVPT returned 21.64%/yr vs 21.73%/yr for RGLD. At a 0.13 correlation, their price movements are largely independent.
Performance
AVPT vs. RGLD - Performance Comparison
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Returns By Period
In the year-to-date period, AVPT achieves a -21.74% return, which is significantly lower than RGLD's -6.25% return.
AVPT
- 1D
- 0.18%
- 1M
- 13.35%
- YTD
- -21.74%
- 6M
- -21.74%
- 1Y
- -42.67%
- 3Y*
- 21.64%
- 5Y*
- —
- 10Y*
- —
RGLD
- 1D
- 1.47%
- 1M
- -15.27%
- YTD
- -6.25%
- 6M
- -4.74%
- 1Y
- 16.96%
- 3Y*
- 21.73%
- 5Y*
- 12.37%
- 10Y*
- 13.61%
AVPT vs. RGLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AVPT AvePoint, Inc. | -21.74% | -15.87% | 101.10% | 99.76% | -34.66% | -47.80% |
RGLD Royal Gold, Inc. | -6.25% | 70.43% | 10.39% | 8.70% | 8.51% | -7.85% |
Correlation
The correlation between AVPT and RGLD is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jul 2, 2021 | 0.13 |
Fundamentals
AVPT:
$2.46B
RGLD:
$17.65B
AVPT:
$0.20
RGLD:
$8.53
AVPT:
53.61
RGLD:
24.34
AVPT:
0.35
RGLD:
1.66
AVPT:
5.63
RGLD:
11.81
AVPT:
5.60
RGLD:
2.38
AVPT:
$443.68M
RGLD:
$1.31B
AVPT:
$326.90M
RGLD:
$579.68M
AVPT:
$53.29M
RGLD:
$949.59M
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Return for Risk
AVPT vs. RGLD — Risk / Return Rank
AVPT
RGLD
AVPT vs. RGLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AvePoint, Inc. (AVPT) and Royal Gold, Inc. (RGLD). 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.
| AVPT | RGLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.38 | ||
| Sortino ratioReturn per unit of downside risk | -2.04 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.11 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | -0.80 | 0.48 | -1.29 |
| Martin ratioReturn relative to average drawdown | -1.26 | 1.27 | -2.53 |
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Drawdowns
AVPT vs. RGLD - Drawdown Comparison
The maximum AVPT drawdown since its inception was -70.21%, smaller than the maximum RGLD drawdown of -98.29%. Use the drawdown chart below to compare losses from any high point for AVPT and RGLD.
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Drawdown Indicators
| AVPT | RGLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.21% | -98.29% | +28.08% |
Max Drawdown (1Y)Largest decline over 1 year | -53.44% | -35.12% | -18.32% |
Max Drawdown (3Y)Largest decline over 3 years | -55.03% | -35.12% | -19.91% |
Max Drawdown (5Y)Largest decline over 5 years | — | -40.73% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -49.55% | — |
Current DrawdownCurrent decline from peak | -45.62% | -31.66% | -13.96% |
Average DrawdownAverage peak-to-trough decline | -36.39% | -29.82% | -6.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.96% | 13.34% | +20.62% |
Volatility
AVPT vs. RGLD - Volatility Comparison
The current volatility for AvePoint, Inc. (AVPT) is 11.69%, while Royal Gold, Inc. (RGLD) has a volatility of 12.33%. This indicates that AVPT experiences smaller price fluctuations and is considered to be less risky than RGLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVPT | RGLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.69% | 12.33% | -0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 31.95% | 32.22% | -0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.30% | 39.34% | +5.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.80% | 31.58% | +15.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.80% | 33.66% | +13.14% |
Dividends
AVPT vs. RGLD - Dividend Comparison
AVPT has not paid dividends to shareholders, while RGLD's dividend yield for the trailing twelve months is around 0.89%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVPT AvePoint, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RGLD Royal Gold, Inc. | 0.89% | 0.81% | 1.21% | 1.24% | 1.24% | 1.14% | 1.05% | 0.87% | 1.17% | 1.17% | 1.45% | 1.81% |
Financials
AVPT vs. RGLD - Financials Comparison
This section allows you to compare key financial metrics between AvePoint, Inc. and Royal Gold, Inc.. 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
AVPT vs. RGLD - Profitability Comparison
AVPT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AvePoint, Inc. reported a gross profit of 85.37M and revenue of 117.24M. Therefore, the gross margin over that period was 72.8%.
RGLD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Royal Gold, Inc. reported a gross profit of 0.00 and revenue of 469.13M. Therefore, the gross margin over that period was 0.0%.
AVPT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AvePoint, Inc. reported an operating income of 12.73M and revenue of 117.24M, resulting in an operating margin of 10.9%.
RGLD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Royal Gold, Inc. reported an operating income of 297.09M and revenue of 469.13M, resulting in an operating margin of 63.3%.
AVPT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AvePoint, Inc. reported a net income of 15.25M and revenue of 117.24M, resulting in a net margin of 13.0%.
RGLD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Royal Gold, Inc. reported a net income of 281.13M and revenue of 469.13M, resulting in a net margin of 59.9%.
Frequently Asked Questions
AVPT and RGLD have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RGLD has higher volatility (12.33%) compared to AVPT (11.69%). In terms of maximum drawdown, AVPT dropped -70.21% vs RGLD's -98.29%.
RGLD currently has the higher Sharpe Ratio (0.43 vs -0.94), 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.
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