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EQX.TO vs. ABX.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

EQX.TO vs. ABX.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Equinox Gold Corp. (EQX.TO) and Barrick Gold Corporation (ABX.TO). The values are adjusted to include any dividend payments, if applicable.

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EQX.TO vs. ABX.TO - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
EQX.TO
Equinox Gold Corp.
4.24%166.44%12.42%45.37%-48.25%-35.00%31.83%95.88%-8.93%-38.46%
ABX.TO
Barrick Gold Corporation
-4.12%173.90%-4.69%5.66%0.12%-13.90%21.80%32.27%2.91%-14.68%

Fundamentals

Market Cap

EQX.TO:

CA$15.78B

ABX.TO:

CA$95.74B

EPS

EQX.TO:

CA$0.39

ABX.TO:

CA$2.99

PE Ratio

EQX.TO:

51.55

ABX.TO:

19.03

PEG Ratio

EQX.TO:

0.09

ABX.TO:

0.22

PS Ratio

EQX.TO:

5.01

ABX.TO:

5.69

PB Ratio

EQX.TO:

2.73

ABX.TO:

3.61

Total Revenue (TTM)

EQX.TO:

CA$2.40B

ABX.TO:

CA$16.99B

Gross Profit (TTM)

EQX.TO:

CA$804.43M

ABX.TO:

CA$8.53B

EBITDA (TTM)

EQX.TO:

CA$999.15M

ABX.TO:

CA$11.10B

Returns By Period

In the year-to-date period, EQX.TO achieves a 4.24% return, which is significantly higher than ABX.TO's -4.12% return. Over the past 10 years, EQX.TO has outperformed ABX.TO with an annualized return of 30.53%, while ABX.TO has yielded a comparatively lower 14.62% annualized return.


EQX.TO

1D
11.49%
1M
-21.45%
YTD
4.24%
6M
28.98%
1Y
103.32%
3Y*
42.56%
5Y*
13.90%
10Y*
30.53%

ABX.TO

1D
6.26%
1M
-17.86%
YTD
-4.12%
6M
25.96%
1Y
108.34%
3Y*
34.47%
5Y*
20.81%
10Y*
14.62%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

EQX.TO vs. ABX.TO — Risk / Return Rank

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

EQX.TO
EQX.TO Risk / Return Rank: 8585
Overall Rank
EQX.TO Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
EQX.TO Sortino Ratio Rank: 8383
Sortino Ratio Rank
EQX.TO Omega Ratio Rank: 8181
Omega Ratio Rank
EQX.TO Calmar Ratio Rank: 8585
Calmar Ratio Rank
EQX.TO Martin Ratio Rank: 8787
Martin Ratio Rank

ABX.TO
ABX.TO Risk / Return Rank: 9292
Overall Rank
ABX.TO Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
ABX.TO Sortino Ratio Rank: 9090
Sortino Ratio Rank
ABX.TO Omega Ratio Rank: 9191
Omega Ratio Rank
ABX.TO Calmar Ratio Rank: 9191
Calmar Ratio Rank
ABX.TO Martin Ratio Rank: 9494
Martin Ratio Rank
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.

EQX.TO vs. ABX.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Equinox Gold Corp. (EQX.TO) and Barrick Gold Corporation (ABX.TO). 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.


EQX.TOABX.TODifference

Sharpe ratio

Return per unit of total volatility

1.80

2.52

-0.72

Sortino ratio

Return per unit of downside risk

2.31

2.77

-0.46

Omega ratio

Gain probability vs. loss probability

1.30

1.40

-0.10

Calmar ratio

Return relative to maximum drawdown

2.91

3.95

-1.05

Martin ratio

Return relative to average drawdown

9.00

14.27

-5.27

EQX.TO vs. ABX.TO - Sharpe Ratio Comparison

The current EQX.TO Sharpe Ratio is 1.80, which is comparable to the ABX.TO Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of EQX.TO and ABX.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


EQX.TOABX.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.80

2.52

-0.72

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.25

0.62

-0.37

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.17

0.41

-0.24

Sharpe Ratio (All Time)

Calculated using the full available price history

0.09

0.30

-0.21

Correlation

The correlation between EQX.TO and ABX.TO is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

EQX.TO vs. ABX.TO - Dividend Comparison

EQX.TO's dividend yield for the trailing twelve months is around 0.10%, less than ABX.TO's 2.05% yield.


TTM20252024202320222021202020192018201720162015
EQX.TO
Equinox Gold Corp.
0.10%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ABX.TO
Barrick Gold Corporation
2.05%1.23%2.45%2.27%3.64%4.06%1.42%0.92%1.36%1.02%0.59%1.93%

Drawdowns

EQX.TO vs. ABX.TO - Drawdown Comparison

The maximum EQX.TO drawdown since its inception was -86.00%, roughly equal to the maximum ABX.TO drawdown of -84.49%. Use the drawdown chart below to compare losses from any high point for EQX.TO and ABX.TO.


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Drawdown Indicators


EQX.TOABX.TODifference

Max Drawdown

Largest peak-to-trough decline

-86.00%

-84.49%

-1.51%

Max Drawdown (1Y)

Largest decline over 1 year

-35.85%

-28.49%

-7.36%

Max Drawdown (5Y)

Largest decline over 5 years

-69.77%

-43.76%

-26.01%

Max Drawdown (10Y)

Largest decline over 10 years

-80.51%

-56.55%

-23.96%

Current Drawdown

Current decline from peak

-21.51%

-20.22%

-1.29%

Average Drawdown

Average peak-to-trough decline

-44.79%

-31.46%

-13.33%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.57%

7.89%

+3.68%

Volatility

EQX.TO vs. ABX.TO - Volatility Comparison

Equinox Gold Corp. (EQX.TO) has a higher volatility of 23.39% compared to Barrick Gold Corporation (ABX.TO) at 15.86%. This indicates that EQX.TO's price experiences larger fluctuations and is considered to be riskier than ABX.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


EQX.TOABX.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

23.39%

15.86%

+7.53%

Volatility (6M)

Calculated over the trailing 6-month period

45.68%

34.38%

+11.30%

Volatility (1Y)

Calculated over the trailing 1-year period

57.77%

43.25%

+14.52%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

55.29%

33.75%

+21.54%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

192.39%

36.22%

+156.17%

Financials

EQX.TO vs. ABX.TO - Financials Comparison

This section allows you to compare key financial metrics between Equinox Gold Corp. and Barrick Gold Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.001.00B2.00B3.00B4.00B5.00B6.00BAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
691.87M
6.03B
(EQX.TO) Total Revenue
(ABX.TO) Total Revenue
Values in CAD except per share items

EQX.TO vs. ABX.TO - Profitability Comparison

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

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

0.0%10.0%20.0%30.0%40.0%50.0%AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
50.0%
51.8%
Portfolio components
EQX.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Equinox Gold Corp. reported a gross profit of 345.80M and revenue of 691.87M. Therefore, the gross margin over that period was 50.0%.

ABX.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Barrick Gold Corporation reported a gross profit of 3.12B and revenue of 6.03B. Therefore, the gross margin over that period was 51.8%.

EQX.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Equinox Gold Corp. reported an operating income of 296.79M and revenue of 691.87M, resulting in an operating margin of 42.9%.

ABX.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Barrick Gold Corporation reported an operating income of 3.06B and revenue of 6.03B, resulting in an operating margin of 50.7%.

EQX.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Equinox Gold Corp. reported a net income of 200.54M and revenue of 691.87M, resulting in a net margin of 29.0%.

ABX.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Barrick Gold Corporation reported a net income of 2.49B and revenue of 6.03B, resulting in a net margin of 41.3%.