BABA vs. GOLD

Last updated Jun 13, 2026

BABA (Alibaba Group Holding Limited) and GOLD (Barrick Mining Corporation) are both stocks. BABA operates in Internet Retail (Consumer Cyclical), while GOLD operates in Gold (Basic Materials). At a 0.26 correlation, their price movements are largely independent.

Performance

BABA vs. GOLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alibaba Group Holding Limited (BABA) and Barrick Mining Corporation (GOLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BABA achieves a -22.32% return, which is significantly lower than GOLD's 31.00% return.

BABA

• 1D: 0.12%
• 1M: -14.13%
• YTD: -22.32%
• 6M: -26.87%
• 1Y: 0.87%
• 3Y*: 11.06%
• 5Y*: -10.74%
• 10Y*: 4.42%

GOLD

• 1D: 2.17%
• 1M: 14.78%
• YTD: 31.00%
• 6M: 40.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BABA vs. GOLD - Yearly Performance Comparison

	2026 (YTD)	2025
BABA Alibaba Group Holding Limited	-22.32%	-10.76%
GOLD Barrick Mining Corporation	31.00%	13.01%

Correlation

The correlation between BABA and GOLD is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 2, 2025	0.26

Fundamentals

Market Cap BABA : $272.45B GOLD : $1.17B
EPS BABA : CN¥33.90 GOLD : $3.06
PE Ratio BABA : 22.55 GOLD : 14.44
PS Ratio BABA : 2.26 GOLD : 0.05
PB Ratio BABA : 1.75 GOLD : 1.38
Total Revenue (TTM) BABA : CN¥811.51B GOLD : $23.02B
Gross Profit (TTM) BABA : CN¥332.88B GOLD : $169.58M
EBITDA (TTM) BABA : CN¥112.44B GOLD : -$162.41M

Return for Risk

BABA vs. GOLD — Risk / Return Rank

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

BABA

BABA Risk / Return Rank: 40
BABA Sharpe Ratio Rank: 41
BABA Sortino Ratio Rank: 38
BABA Omega Ratio Rank: 37
BABA Calmar Ratio Rank: 41
BABA Martin Ratio Rank: 41

GOLD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

BABA vs. GOLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alibaba Group Holding Limited (BABA) and Barrick Mining Corporation (GOLD). 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.

	BABA	GOLD	Difference
Sharpe ratio: Return per unit of total volatility	-0.05	—	—
Sortino ratio: Return per unit of downside risk	0.26	—	—
Omega ratio: Gain probability vs. loss probability	1.03	—	—
Calmar ratio: Return relative to maximum drawdown	-0.06	—	—
Martin ratio: Return relative to average drawdown	-0.12	—	—

Drawdowns

BABA vs. GOLD - Drawdown Comparison

The maximum BABA drawdown since its inception was -80.09%, which is greater than GOLD's maximum drawdown of -40.58%. Use the drawdown chart below to compare losses from any high point for BABA and GOLD.

Drawdown Indicators

	BABA	GOLD	Difference
Max Drawdown Largest peak-to-trough decline	-80.09%	-40.58%	-39.51%
Max Drawdown (1Y) Largest decline over 1 year	-39.94%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-39.94%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-72.48%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-80.09%	—	—
Current Drawdown Current decline from peak	-62.20%	-30.46%	-31.74%
Average Drawdown Average peak-to-trough decline	-37.56%	-18.05%	-19.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.58%	—	—

Volatility

Volatility by Period

	BABA	GOLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.07%	—	—
Volatility (6M) Calculated over the trailing 6-month period	29.24%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	43.83%	58.55%	-14.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.40%	58.55%	-7.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.40%	58.55%	-15.15%

Dividends

BABA vs. GOLD - Dividend Comparison

BABA's dividend yield for the trailing twelve months is around 0.93%, more than GOLD's 0.90% yield.

Position	TTM	2025	2024	2023
BABA Alibaba Group Holding Limited	0.93%	1.36%	1.96%	1.29%
GOLD Barrick Mining Corporation	0.90%	0.00%	0.00%	0.00%

Financials

BABA vs. GOLD - Profitability Comparison

The chart below illustrates the profitability comparison between Alibaba Group Holding Limited and Barrick Mining Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BABA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alibaba Group Holding Limited reported a gross profit of 11.75B and revenue of 35.15B. Therefore, the gross margin over that period was 33.4%.

GOLD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Barrick Mining Corporation reported a gross profit of 176.58M and revenue of 10.35B. Therefore, the gross margin over that period was 1.7%.

BABA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alibaba Group Holding Limited reported an operating income of -135.47M and revenue of 35.15B, resulting in an operating margin of -0.4%.

GOLD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Barrick Mining Corporation reported an operating income of 106.13M and revenue of 10.35B, resulting in an operating margin of 1.0%.

BABA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alibaba Group Holding Limited reported a net income of 3.69B and revenue of 35.15B, resulting in a net margin of 10.5%.

GOLD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Barrick Mining Corporation reported a net income of 59.49M and revenue of 10.35B, resulting in a net margin of 0.6%.

Frequently Asked Questions

Can I hold both BABA and GOLD in my portfolio?

BABA and GOLD have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.