DSVSF vs. GNG.AX

Last updated Jun 9, 2026

DSVSF (Discovery Silver Corp) and GNG.AX (GR Engineering Services Limited) are both stocks. DSVSF operates in Silver (Basic Materials), while GNG.AX operates in Engineering & Construction (Industrials). Over the past 5 years, DSVSF returned 22.30%/yr vs 38.97%/yr for GNG.AX. At a 0.09 correlation, their price movements are largely independent.

Performance

DSVSF vs. GNG.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Discovery Silver Corp (DSVSF) and GR Engineering Services Limited (GNG.AX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

DSVSF is traded in USD, while GNG.AX is traded in AUD. To make them comparable, the GNG.AX values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, DSVSF achieves a -8.44% return, which is significantly lower than GNG.AX's 37.71% return.

DSVSF

• 1D: 3.11%
• 1M: -21.07%
• YTD: -8.44%
• 6M: -1.31%
• 1Y: 126.56%
• 3Y*: 105.48%
• 5Y*: 22.30%
• 10Y*: —

GNG.AX

• 1D: 0.00%
• 1M: 20.13%
• YTD: 37.71%
• 6M: 44.24%
• 1Y: 131.41%
• 3Y*: 52.78%
• 5Y*: 38.97%
• 10Y*: 27.18%

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

DSVSF vs. GNG.AX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
DSVSF Discovery Silver Corp	-8.44%	1,173.33%	-16.38%	-42.60%	-39.39%	7.84%	194.37%	148.77%	-23.47%
GNG.AX GR Engineering Services Limited	37.71%	106.45%	10.91%	18.34%	-0.90%	74.94%	77.75%	-20.95%	-23.76%

Correlation

The correlation between DSVSF and GNG.AX is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (5Y) Calculated over the trailing 5-year period	0.11
Correlation (All Time) Calculated using the full available price history since Oct 15, 2018	0.09

Return for Risk

DSVSF vs. GNG.AX — Risk / Return Rank

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

DSVSF

DSVSF Risk / Return Rank: 83
DSVSF Sharpe Ratio Rank: 85
DSVSF Sortino Ratio Rank: 80
DSVSF Omega Ratio Rank: 77
DSVSF Calmar Ratio Rank: 86
DSVSF Martin Ratio Rank: 86

GNG.AX

GNG.AX Risk / Return Rank: 87
GNG.AX Sharpe Ratio Rank: 91
GNG.AX Sortino Ratio Rank: 86
GNG.AX Omega Ratio Rank: 87
GNG.AX Calmar Ratio Rank: 87
GNG.AX Martin Ratio Rank: 87

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.

DSVSF vs. GNG.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Discovery Silver Corp (DSVSF) and GR Engineering Services Limited (GNG.AX). 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.

	DSVSF	GNG.AX	Difference
Sharpe ratio: Return per unit of total volatility	1.64	2.79	-1.15
Sortino ratio: Return per unit of downside risk	2.20	3.07	-0.87
Omega ratio: Gain probability vs. loss probability	1.27	1.43	-0.16
Calmar ratio: Return relative to maximum drawdown	3.37	4.35	-0.97
Martin ratio: Return relative to average drawdown	8.39	11.91	-3.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DSVSF vs. GNG.AX - Sharpe Ratio Comparison

The current DSVSF Sharpe Ratio is 1.64, which is lower than the GNG.AX Sharpe Ratio of 2.79. The chart below compares the historical Sharpe Ratios of DSVSF and GNG.AX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DSVSF	GNG.AX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.64	2.79	-1.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	1.04	-0.74
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.27	+0.36

Drawdowns

DSVSF vs. GNG.AX - Drawdown Comparison

The maximum DSVSF drawdown since its inception was -81.65%, roughly equal to the maximum GNG.AX drawdown of -83.17%. Use the drawdown chart below to compare losses from any high point for DSVSF and GNG.AX.

Drawdown Indicators

	DSVSF	GNG.AX	Difference
Max Drawdown Largest peak-to-trough decline	-81.65%	-83.17%	+1.52%
Max Drawdown (1Y) Largest decline over 1 year	-37.74%	-29.20%	-8.54%
Max Drawdown (3Y) Largest decline over 3 years	-58.55%	-29.20%	-29.35%
Max Drawdown (5Y) Largest decline over 5 years	-81.65%	-29.20%	-52.45%
Max Drawdown (10Y) Largest decline over 10 years	—	-70.67%	—
Current Drawdown Current decline from peak	-35.60%	-6.48%	-29.12%
Average Drawdown Average peak-to-trough decline	-39.67%	-36.63%	-3.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.14%	10.78%	+4.36%

Volatility

DSVSF vs. GNG.AX - Volatility Comparison

Discovery Silver Corp (DSVSF) has a higher volatility of 23.77% compared to GR Engineering Services Limited (GNG.AX) at 12.56%. This indicates that DSVSF's price experiences larger fluctuations and is considered to be riskier than GNG.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DSVSF	GNG.AX	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.77%	12.56%	+11.21%
Volatility (6M) Calculated over the trailing 6-month period	57.60%	35.85%	+21.75%
Volatility (1Y) Calculated over the trailing 1-year period	77.78%	45.53%	+32.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	76.16%	37.22%	+38.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	85.80%	42.15%	+43.65%

Dividends

DSVSF vs. GNG.AX - Dividend Comparison

DSVSF has not paid dividends to shareholders, while GNG.AX's dividend yield for the trailing twelve months is around 2.18%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DSVSF Discovery Silver Corp	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GNG.AX GR Engineering Services Limited	2.18%	4.94%	7.69%	8.56%	9.31%	5.71%	4.92%	7.50%	10.28%	3.47%	7.35%	6.41%

Financials

Frequently Asked Questions

Can I hold both DSVSF and GNG.AX in my portfolio?

DSVSF and GNG.AX have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.