DLO vs. SSRM
DLO (DLocal Limited) and SSRM (SSR Mining Inc.) are both stocks. DLO operates in Software - Infrastructure (Technology), while SSRM operates in Gold (Basic Materials). Over the past 5 years, DLO returned -20.08%/yr vs 13.03%/yr for SSRM. At a 0.18 correlation, their price movements are largely independent.
Performance
DLO vs. SSRM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DLO achieves a 9.23% return, which is significantly lower than SSRM's 30.38% return.
DLO
- 1D
- 4.26%
- 1M
- 23.10%
- 6M
- 7.78%
- YTD
- 9.23%
- 1Y
- 40.67%
- 3Y*
- 7.48%
- 5Y*
- -20.08%
- 10Y*
- —
SSRM
- 1D
- -1.96%
- 1M
- 8.59%
- 6M
- 29.85%
- YTD
- 30.38%
- 1Y
- 125.75%
- 3Y*
- 27.10%
- 5Y*
- 13.03%
- 10Y*
- 7.68%
DLO vs. SSRM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DLO DLocal Limited | 9.23% | 31.72% | -36.35% | 13.62% | -56.37% | 15.13% |
SSRM SSR Mining Inc. | 30.38% | 214.94% | -35.32% | -29.94% | -10.02% | -3.35% |
Correlation
The correlation between DLO and SSRM is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jun 3, 2021 | 0.18 |
Fundamentals
DLO:
$4.46B
SSRM:
$5.93B
DLO:
$0.64
SSRM:
$3.26
DLO:
23.71
SSRM:
8.76
DLO:
0.74
SSRM:
0.14
DLO:
3.76
SSRM:
3.27
DLO:
8.23
SSRM:
1.40
DLO:
$1.21B
SSRM:
$1.90B
DLO:
$436.56M
SSRM:
$643.76M
DLO:
$280.42M
SSRM:
$835.27M
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
DLO vs. SSRM — Risk / Return Rank
DLO
SSRM
DLO vs. SSRM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DLocal Limited (DLO) and SSR Mining Inc. (SSRM). 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.
| DLO | SSRM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.30 | ||
| Sortino ratioReturn per unit of downside risk | -1.10 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.31 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.17 | 4.18 | -3.01 |
| Martin ratioReturn relative to average drawdown | 2.33 | 10.21 | -7.88 |
Loading charts...
Drawdowns
DLO vs. SSRM - Drawdown Comparison
The maximum DLO drawdown since its inception was -89.99%, roughly equal to the maximum SSRM drawdown of -91.68%. Use the drawdown chart below to compare losses from any high point for DLO and SSRM.
Loading charts...
Drawdown Indicators
| DLO | SSRM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.99% | -91.68% | +1.69% |
Max Drawdown (1Y)Largest decline over 1 year | -30.45% | -31.28% | +0.83% |
Max Drawdown (3Y)Largest decline over 3 years | -68.59% | -73.41% | +4.82% |
Max Drawdown (5Y)Largest decline over 5 years | -89.99% | -83.16% | -6.83% |
Max Drawdown (10Y)Largest decline over 10 years | — | -83.16% | — |
Current DrawdownCurrent decline from peak | -76.52% | -34.34% | -42.18% |
Average DrawdownAverage peak-to-trough decline | -70.30% | -57.09% | -13.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.34% | 12.80% | +2.54% |
Volatility
DLO vs. SSRM - Volatility Comparison
The current volatility for DLocal Limited (DLO) is 15.39%, while SSR Mining Inc. (SSRM) has a volatility of 19.50%. This indicates that DLO experiences smaller price fluctuations and is considered to be less risky than SSRM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DLO | SSRM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.39% | 19.50% | -4.11% |
Volatility (6M)Calculated over the trailing 6-month period | 36.05% | 55.96% | -19.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.14% | 67.57% | -11.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.39% | 56.32% | +17.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 73.52% | 53.08% | +20.44% |
Dividends
DLO vs. SSRM - Dividend Comparison
DLO's dividend yield for the trailing twelve months is around 1.28%, while SSRM has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
DLO DLocal Limited | 1.28% | 3.71% | 0.00% | 0.00% | 0.00% | 0.00% |
SSRM SSR Mining Inc. | 0.00% | 0.00% | 0.00% | 2.60% | 1.79% | 1.13% |
Financials
DLO vs. SSRM - Financials Comparison
This section allows you to compare key financial metrics between DLocal Limited and SSR Mining 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
DLO vs. SSRM - Profitability Comparison
DLO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, DLocal Limited reported a gross profit of 118.68M and revenue of 335.86M. Therefore, the gross margin over that period was 35.3%.
SSRM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, SSR Mining Inc. reported a gross profit of 0.00 and revenue of 581.78M. Therefore, the gross margin over that period was 0.0%.
DLO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, DLocal Limited reported an operating income of 53.55M and revenue of 335.86M, resulting in an operating margin of 15.9%.
SSRM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, SSR Mining Inc. reported an operating income of 300.38M and revenue of 581.78M, resulting in an operating margin of 51.6%.
DLO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, DLocal Limited reported a net income of 41.98M and revenue of 335.86M, resulting in a net margin of 12.5%.
SSRM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, SSR Mining Inc. reported a net income of 369.74M and revenue of 581.78M, resulting in a net margin of 63.6%.
Frequently Asked Questions
DLO and SSRM have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SSRM has higher volatility (19.50%) compared to DLO (15.39%). In terms of maximum drawdown, DLO dropped -89.99% vs SSRM's -91.68%.
SSRM currently has the higher Sharpe Ratio (1.94 vs 0.64), 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 DLO and SSRM
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