CCL vs. GOLD

Last updated Jun 13, 2026

CCL (Carnival Corporation & Plc) and GOLD (Barrick Mining Corporation) are both stocks. CCL operates in Travel Services (Consumer Cyclical), while GOLD operates in Gold (Basic Materials). At a 0.31 correlation, their price movements are largely independent.

Performance

CCL vs. GOLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Carnival Corporation & Plc (CCL) 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, CCL achieves a -3.42% return, which is significantly lower than GOLD's 31.00% return.

CCL

• 1D: 3.77%
• 1M: 19.15%
• YTD: -3.42%
• 6M: 6.79%
• 1Y: 31.61%
• 3Y*: 24.35%
• 5Y*: -0.29%
• 10Y*: -3.28%

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)

CCL vs. GOLD - Yearly Performance Comparison

	2026 (YTD)	2025
CCL Carnival Corporation & Plc	-3.42%	17.78%
GOLD Barrick Mining Corporation	31.00%	13.01%

Correlation

The correlation between CCL and GOLD is 0.31, 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	0.31

Fundamentals

Market Cap CCL : $40.62B GOLD : $1.17B
EPS CCL : $2.21 GOLD : $3.06
PE Ratio CCL : 13.18 GOLD : 14.44
PS Ratio CCL : 1.51 GOLD : 0.05
PB Ratio CCL : 3.12 GOLD : 1.38
Total Revenue (TTM) CCL : $26.98B GOLD : $23.02B
Gross Profit (TTM) CCL : $10.13B GOLD : $169.58M
EBITDA (TTM) CCL : $7.23B GOLD : -$162.41M

Return for Risk

CCL vs. GOLD — Risk / Return Rank

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

CCL

CCL Risk / Return Rank: 60
CCL Sharpe Ratio Rank: 61
CCL Sortino Ratio Rank: 59
CCL Omega Ratio Rank: 56
CCL Calmar Ratio Rank: 61
CCL Martin Ratio Rank: 61

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.

CCL vs. GOLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Carnival Corporation & Plc (CCL) 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.

	CCL	GOLD	Difference
Sharpe ratio: Return per unit of total volatility	0.53	—	—
Sortino ratio: Return per unit of downside risk	1.13	—	—
Omega ratio: Gain probability vs. loss probability	1.13	—	—
Calmar ratio: Return relative to maximum drawdown	0.86	—	—
Martin ratio: Return relative to average drawdown	1.73	—	—

Drawdowns

CCL vs. GOLD - Drawdown Comparison

The maximum CCL drawdown since its inception was -90.37%, which is greater than GOLD's maximum drawdown of -40.58%. Use the drawdown chart below to compare losses from any high point for CCL and GOLD.

Drawdown Indicators

	CCL	GOLD	Difference
Max Drawdown Largest peak-to-trough decline	-90.37%	-40.58%	-49.79%
Max Drawdown (1Y) Largest decline over 1 year	-29.30%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-42.85%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-78.21%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-90.37%	—	—
Current Drawdown Current decline from peak	-55.46%	-30.46%	-25.00%
Average Drawdown Average peak-to-trough decline	-28.58%	-18.05%	-10.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.54%	—	—

Volatility

Volatility by Period

	CCL	GOLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.53%	—	—
Volatility (6M) Calculated over the trailing 6-month period	39.11%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	47.77%	58.55%	-10.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.59%	58.55%	-2.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.65%	58.55%	-0.90%

Dividends

CCL vs. GOLD - Dividend Comparison

CCL's dividend yield for the trailing twelve months is around 1.03%, more than GOLD's 0.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CCL Carnival Corporation & Plc	1.03%	0.00%	0.00%	0.00%	0.00%	0.00%	2.31%	3.93%	3.96%	2.41%	2.59%	2.02%
GOLD Barrick Mining Corporation	0.90%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

CCL vs. GOLD - Profitability Comparison

The chart below illustrates the profitability comparison between Carnival Corporation & Plc and Barrick Mining Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CCL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Carnival Corporation & Plc reported a gross profit of 2.23B and revenue of 6.17B. Therefore, the gross margin over that period was 36.1%.

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%.

CCL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Carnival Corporation & Plc reported an operating income of 607.00M and revenue of 6.17B, resulting in an operating margin of 9.9%.

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%.

CCL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Carnival Corporation & Plc reported a net income of 258.00M and revenue of 6.17B, resulting in a net margin of 4.2%.

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 CCL and GOLD in my portfolio?

CCL and GOLD have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.