AXS vs. ABX.TO
AXS (AXIS Capital Holdings Limited) and ABX.TO (Barrick Gold Corporation) are both stocks. AXS operates in Insurance - Property & Casualty (Financial Services), while ABX.TO operates in Gold (Basic Materials). Over the past 10 years, AXS returned 8.69%/yr vs 9.36%/yr for ABX.TO. At a 0.04 correlation, their price movements are largely independent.
Performance
AXS vs. ABX.TO - Performance Comparison
Loading charts...
Different Trading Currencies
AXS is traded in USD, while ABX.TO is traded in CAD. To make them comparable, the ABX.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with AXS having a -9.77% return and ABX.TO slightly higher at -9.32%. Over the past 10 years, AXS has underperformed ABX.TO with an annualized return of 8.69%, while ABX.TO has yielded a comparatively higher 9.36% annualized return.
AXS
- 1D
- -2.63%
- 1M
- -3.20%
- YTD
- -9.77%
- 6M
- -2.08%
- 1Y
- -5.91%
- 3Y*
- 24.17%
- 5Y*
- 16.16%
- 10Y*
- 8.69%
ABX.TO
- 1D
- -0.99%
- 1M
- -9.18%
- YTD
- -9.32%
- 6M
- -3.25%
- 1Y
- 96.99%
- 3Y*
- 35.14%
- 5Y*
- 13.99%
- 10Y*
- 9.36%
AXS vs. ABX.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AXS AXIS Capital Holdings Limited | -9.77% | 22.96% | 63.90% | 5.57% | 2.63% | 11.81% | -11.92% | 18.26% | 5.75% | -20.96% |
ABX.TO Barrick Gold Corporation | -9.32% | 187.00% | -12.13% | 8.23% | -4.75% | -13.94% | 24.68% | 37.48% | -5.29% | -8.71% |
Correlation
The correlation between AXS and ABX.TO is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2006 | 0.04 |
Fundamentals
AXS:
$7.23B
ABX.TO:
CA$91.34B
AXS:
$13.77
ABX.TO:
CA$3.60
AXS:
6.99
ABX.TO:
15.16
AXS:
0.13
ABX.TO:
0.17
AXS:
1.13
ABX.TO:
4.86
AXS:
1.13
ABX.TO:
3.34
AXS:
$6.61B
ABX.TO:
CA$19.02B
AXS:
$3.55B
ABX.TO:
CA$10.15B
AXS:
$2.61B
ABX.TO:
CA$12.44B
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
AXS vs. ABX.TO — Risk / Return Rank
AXS
ABX.TO
AXS vs. ABX.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AXIS Capital Holdings Limited (AXS) and Barrick Gold Corporation (ABX.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.
| AXS | ABX.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.56 | ||
| Sortino ratioReturn per unit of downside risk | -2.90 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.35 | -0.40 |
| Calmar ratioReturn relative to maximum drawdown | -0.58 | 3.34 | -3.92 |
| Martin ratioReturn relative to average drawdown | -1.27 | 8.31 | -9.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| AXS | ABX.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.37 | 2.18 | -2.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.40 | +0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.33 | 0.26 | +0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.07 | +0.25 |
Drawdowns
AXS vs. ABX.TO - Drawdown Comparison
The maximum AXS drawdown since its inception was -55.93%, smaller than the maximum ABX.TO drawdown of -88.57%. Use the drawdown chart below to compare losses from any high point for AXS and ABX.TO.
Loading charts...
Drawdown Indicators
| AXS | ABX.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.93% | -88.57% | +32.64% |
Max Drawdown (1Y)Largest decline over 1 year | -14.60% | -29.24% | +14.64% |
Max Drawdown (3Y)Largest decline over 3 years | -16.73% | -29.24% | +12.51% |
Max Drawdown (5Y)Largest decline over 5 years | -18.99% | -46.90% | +27.91% |
Max Drawdown (10Y)Largest decline over 10 years | -49.31% | -57.25% | +7.94% |
Current DrawdownCurrent decline from peak | -11.13% | -25.12% | +13.99% |
Average DrawdownAverage peak-to-trough decline | -12.15% | -48.13% | +35.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.82% | 11.71% | -3.89% |
Volatility
AXS vs. ABX.TO - Volatility Comparison
The current volatility for AXIS Capital Holdings Limited (AXS) is 7.08%, while Barrick Gold Corporation (ABX.TO) has a volatility of 16.61%. This indicates that AXS experiences smaller price fluctuations and is considered to be less risky than ABX.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AXS | ABX.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.08% | 16.61% | -9.53% |
Volatility (6M)Calculated over the trailing 6-month period | 15.60% | 34.09% | -18.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.73% | 44.69% | -21.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.00% | 35.29% | -10.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.58% | 36.47% | -9.89% |
Dividends
AXS vs. ABX.TO - Dividend Comparison
AXS's dividend yield for the trailing twelve months is around 1.83%, less than ABX.TO's 2.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABX.TO Barrick Gold Corporation | 2.32% | 1.22% | 2.46% | 2.27% | 4.77% | 3.96% | 1.33% | 0.60% | 1.17% | 0.72% | 0.47% | 1.43% |
AXS AXIS Capital Holdings Limited | 1.83% | 1.64% | 1.99% | 3.18% | 3.19% | 3.10% | 3.27% | 2.71% | 3.04% | 3.04% | 2.19% | 2.17% |
Financials
AXS vs. ABX.TO - Financials Comparison
This section allows you to compare key financial metrics between AXIS Capital Holdings Limited and Barrick 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
AXS vs. ABX.TO - Profitability Comparison
AXS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AXIS Capital Holdings Limited reported a gross profit of 1.64B and revenue of 1.64B. Therefore, the gross margin over that period was 99.9%.
ABX.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Barrick Gold Corporation reported a gross profit of 2.97B and revenue of 5.16B. Therefore, the gross margin over that period was 57.5%.
AXS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AXIS Capital Holdings Limited reported an operating income of 1.48B and revenue of 1.64B, resulting in an operating margin of 90.2%.
ABX.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Barrick Gold Corporation reported an operating income of 2.93B and revenue of 5.16B, resulting in an operating margin of 56.7%.
AXS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AXIS Capital Holdings Limited reported a net income of 254.77M and revenue of 1.64B, resulting in a net margin of 15.5%.
ABX.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Barrick Gold Corporation reported a net income of 1.58B and revenue of 5.16B, resulting in a net margin of 30.5%.
Frequently Asked Questions
AXS and ABX.TO have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for AXS and ABX.TO
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