EGO vs. GAU

Last updated Jun 3, 2026

EGO (Eldorado Gold Corporation) and GAU (Galiano Gold Inc.) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, EGO returned 3.73%/yr vs -5.24%/yr for GAU. A 0.51 correlation means they provide meaningful diversification when combined.

Performance

EGO vs. GAU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eldorado Gold Corporation (EGO) and Galiano Gold Inc. (GAU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EGO achieves a -6.93% return, which is significantly higher than GAU's -11.86% return. Over the past 10 years, EGO has outperformed GAU with an annualized return of 3.73%, while GAU has yielded a comparatively lower -5.24% annualized return.

EGO

• 1D: -0.08%
• 1M: 11.77%
• YTD: -6.93%
• 6M: 8.72%
• 1Y: 59.19%
• 3Y*: 51.21%
• 5Y*: 23.81%
• 10Y*: 3.73%

GAU

• 1D: -0.89%
• 1M: -3.88%
• YTD: -11.86%
• 6M: -6.69%
• 1Y: 54.86%
• 3Y*: 56.66%
• 5Y*: 11.74%
• 10Y*: -5.24%

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

EGO vs. GAU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EGO Eldorado Gold Corporation	-6.93%	141.56%	14.65%	55.14%	-10.59%	-29.54%	65.26%	178.82%	-59.72%	-55.28%
GAU Galiano Gold Inc.	-11.86%	105.69%	30.86%	80.75%	-25.69%	-38.07%	18.95%	48.76%	-9.56%	-76.92%

Correlation

The correlation between EGO and GAU is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.63
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (10Y) Calculated over the trailing 10-year period	0.51
Correlation (All Time) Calculated using the full available price history since Jan 3, 2008	0.51

The correlation between EGO and GAU shifts across timeframes, from 0.51 (10 years) to 0.63 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap EGO : $6.69B GAU : $601.50M
EPS EGO : $2.83 GAU : $0.11
PE Ratio EGO : 11.78 GAU : 19.72
PEG Ratio EGO : 0.18 GAU : 0.13
PS Ratio EGO : 3.38 GAU : 1.41
PB Ratio EGO : 1.55 GAU : 2.36
Total Revenue (TTM) EGO : $2.00B GAU : $416.07M
Gross Profit (TTM) EGO : $988.83M GAU : $162.16M
EBITDA (TTM) EGO : $1.04B GAU : $139.17M

Return for Risk

EGO vs. GAU — Risk / Return Rank

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

EGO

EGO Risk / Return Rank: 70
EGO Sharpe Ratio Rank: 75
EGO Sortino Ratio Rank: 67
EGO Omega Ratio Rank: 69
EGO Calmar Ratio Rank: 69
EGO Martin Ratio Rank: 70

GAU

GAU Risk / Return Rank: 66
GAU Sharpe Ratio Rank: 64
GAU Sortino Ratio Rank: 62
GAU Omega Ratio Rank: 63
GAU Calmar Ratio Rank: 71
GAU Martin Ratio Rank: 68

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.

EGO vs. GAU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eldorado Gold Corporation (EGO) and Galiano Gold Inc. (GAU). 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.

	EGO	GAU	Difference
Sharpe ratio Return per unit of total volatility	1.17	0.77	+0.40
Sortino ratio Return per unit of downside risk	1.63	1.42	+0.22
Omega ratio Gain probability vs. loss probability	1.22	1.19	+0.04
Calmar ratio Return relative to maximum drawdown	1.59	1.71	-0.12
Martin ratio Return relative to average drawdown	3.88	3.43	+0.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EGO vs. GAU - Sharpe Ratio Comparison

The current EGO Sharpe Ratio is 1.17, which is higher than the GAU Sharpe Ratio of 0.77. The chart below compares the historical Sharpe Ratios of EGO and GAU, 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

	EGO	GAU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.17	0.77	+0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	0.19	+0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.07	-0.08	+0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	-0.05	+0.17

Drawdowns

EGO vs. GAU - Drawdown Comparison

The maximum EGO drawdown since its inception was -97.49%, roughly equal to the maximum GAU drawdown of -96.20%. Use the drawdown chart below to compare losses from any high point for EGO and GAU.

Drawdown Indicators

	EGO	GAU	Difference
Max Drawdown Largest peak-to-trough decline	-97.49%	-96.20%	-1.29%
Max Drawdown (1Y) Largest decline over 1 year	-41.89%	-38.94%	-2.95%
Max Drawdown (3Y) Largest decline over 3 years	-41.89%	-47.45%	+5.56%
Max Drawdown (5Y) Largest decline over 5 years	-57.70%	-72.09%	+14.39%
Max Drawdown (10Y) Largest decline over 10 years	-89.45%	-92.21%	+2.76%
Current Drawdown Current decline from peak	-68.16%	-76.45%	+8.29%
Average Drawdown Average peak-to-trough decline	-55.67%	-71.28%	+15.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.13%	19.39%	-2.26%

Volatility

EGO vs. GAU - Volatility Comparison

Eldorado Gold Corporation (EGO) and Galiano Gold Inc. (GAU) have volatilities of 17.33% and 17.51%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EGO	GAU	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.33%	17.51%	-0.18%
Volatility (6M) Calculated over the trailing 6-month period	41.99%	50.19%	-8.20%
Volatility (1Y) Calculated over the trailing 1-year period	50.94%	72.10%	-21.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.66%	62.13%	-16.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.26%	65.14%	-9.88%

Dividends

EGO vs. GAU - Dividend Comparison

EGO's dividend yield for the trailing twelve months is around 0.45%, while GAU has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EGO Eldorado Gold Corporation	0.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.40%	0.00%	0.67%
GAU Galiano Gold Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

EGO vs. GAU - Profitability Comparison

The chart below illustrates the profitability comparison between Eldorado Gold Corporation and Galiano Gold Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

EGO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Eldorado Gold Corporation reported a gross profit of 290.22M and revenue of 532.43M. Therefore, the gross margin over that period was 54.5%.

GAU - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Galiano Gold Inc. reported a gross profit of 91.51M and revenue of 164.22M. Therefore, the gross margin over that period was 55.7%.

EGO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Eldorado Gold Corporation reported an operating income of 261.43M and revenue of 532.43M, resulting in an operating margin of 49.1%.

GAU - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Galiano Gold Inc. reported an operating income of 86.14M and revenue of 164.22M, resulting in an operating margin of 52.5%.

EGO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Eldorado Gold Corporation reported a net income of 136.38M and revenue of 532.43M, resulting in a net margin of 25.6%.

GAU - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Galiano Gold Inc. reported a net income of 32.24M and revenue of 164.22M, resulting in a net margin of 19.6%.

Frequently Asked Questions

Can I hold both EGO and GAU in my portfolio?

EGO and GAU have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EGO or GAU?

GAU has higher volatility (17.51%) compared to EGO (17.33%). In terms of maximum drawdown, EGO dropped -97.49% vs GAU's -96.20%.

Which has better risk-adjusted returns?

EGO currently has the higher Sharpe Ratio (1.17 vs 0.77), 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.