GAU.TO vs. VOXR.TO

Last updated Jun 4, 2026

GAU.TO (Galiano Gold Inc.) and VOXR.TO (Vox Royalty Corp) are both stocks. Both are in the Basic Materials sector — GAU.TO in Gold, VOXR.TO in Other Precious Metals & Mining. Over the past 5 years, GAU.TO returned 14.19%/yr vs 26.76%/yr for VOXR.TO. At a 0.24 correlation, their price movements are largely independent.

Performance

GAU.TO vs. VOXR.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Galiano Gold Inc. (GAU.TO) and Vox Royalty Corp (VOXR.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GAU.TO achieves a -14.33% return, which is significantly lower than VOXR.TO's 17.13% return.

GAU.TO

• 1D: -2.92%
• 1M: -3.55%
• YTD: -14.33%
• 6M: -8.84%
• 1Y: 45.85%
• 3Y*: 57.87%
• 5Y*: 14.19%
• 10Y*: -4.88%

VOXR.TO

• 1D: -2.15%
• 1M: 6.18%
• YTD: 17.13%
• 6M: 11.06%
• 1Y: 60.42%
• 3Y*: 32.75%
• 5Y*: 26.76%
• 10Y*: —

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

GAU.TO vs. VOXR.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
GAU.TO Galiano Gold Inc.	-14.33%	94.97%	45.53%	70.83%	-20.88%	-36.36%	-12.80%
VOXR.TO Vox Royalty Corp	17.13%	98.59%	25.31%	-10.73%	-8.91%	16.00%	-1.96%

Correlation

The correlation between GAU.TO and VOXR.TO is 0.51, 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	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (5Y) Calculated over the trailing 5-year period	0.28
Correlation (All Time) Calculated using the full available price history since May 26, 2020	0.24

Over the past year, GAU.TO and VOXR.TO have become more correlated (0.51) than their long-term average of 0.24, meaning their price movements have been converging.

Fundamentals

Market Cap GAU.TO : CA$806.50M VOXR.TO : CA$551.55M
EPS GAU.TO : CA$0.11 VOXR.TO : CA$0.54
PE Ratio GAU.TO : 26.52 VOXR.TO : 14.25
PEG Ratio GAU.TO : 0.21 VOXR.TO : 0.01
PS Ratio GAU.TO : 1.48 VOXR.TO : 14.59
PB Ratio GAU.TO : 3.17 VOXR.TO : 4.14
Total Revenue (TTM) GAU.TO : CA$537.43M VOXR.TO : CA$29.94M
Gross Profit (TTM) GAU.TO : CA$260.74M VOXR.TO : CA$19.69M
EBITDA (TTM) GAU.TO : CA$245.70M VOXR.TO : CA$24.91M

Return for Risk

GAU.TO vs. VOXR.TO — Risk / Return Rank

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

GAU.TO

GAU.TO Risk / Return Rank: 62
GAU.TO Sharpe Ratio Rank: 63
GAU.TO Sortino Ratio Rank: 61
GAU.TO Omega Ratio Rank: 61
GAU.TO Calmar Ratio Rank: 64
GAU.TO Martin Ratio Rank: 63

VOXR.TO

VOXR.TO Risk / Return Rank: 73
VOXR.TO Sharpe Ratio Rank: 73
VOXR.TO Sortino Ratio Rank: 70
VOXR.TO Omega Ratio Rank: 66
VOXR.TO Calmar Ratio Rank: 78
VOXR.TO Martin Ratio Rank: 79

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.

GAU.TO vs. VOXR.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Galiano Gold Inc. (GAU.TO) and Vox Royalty Corp (VOXR.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.

	GAU.TO	VOXR.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.64	1.06	-0.42
Sortino ratio: Return per unit of downside risk	1.29	1.70	-0.41
Omega ratio: Gain probability vs. loss probability	1.17	1.20	-0.03
Calmar ratio: Return relative to maximum drawdown	1.18	2.35	-1.17
Martin ratio: Return relative to average drawdown	2.35	6.29	-3.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GAU.TO vs. VOXR.TO - Sharpe Ratio Comparison

The current GAU.TO Sharpe Ratio is 0.64, which is lower than the VOXR.TO Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of GAU.TO and VOXR.TO, 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

	GAU.TO	VOXR.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.64	1.06	-0.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.24	0.59	-0.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.08	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	0.38	-0.29

Drawdowns

GAU.TO vs. VOXR.TO - Drawdown Comparison

The maximum GAU.TO drawdown since its inception was -94.83%, which is greater than VOXR.TO's maximum drawdown of -44.17%. Use the drawdown chart below to compare losses from any high point for GAU.TO and VOXR.TO.

Drawdown Indicators

	GAU.TO	VOXR.TO	Difference
Max Drawdown Largest peak-to-trough decline	-94.83%	-44.17%	-50.66%
Max Drawdown (1Y) Largest decline over 1 year	-38.98%	-25.86%	-13.12%
Max Drawdown (3Y) Largest decline over 3 years	-45.52%	-36.63%	-8.89%
Max Drawdown (5Y) Largest decline over 5 years	-69.03%	-44.17%	-24.86%
Max Drawdown (10Y) Largest decline over 10 years	-91.93%	—	—
Current Drawdown Current decline from peak	-67.81%	-11.35%	-56.46%
Average Drawdown Average peak-to-trough decline	-61.94%	-18.58%	-43.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.59%	9.64%	+9.95%

Volatility

GAU.TO vs. VOXR.TO - Volatility Comparison

Galiano Gold Inc. (GAU.TO) has a higher volatility of 19.11% compared to Vox Royalty Corp (VOXR.TO) at 15.19%. This indicates that GAU.TO's price experiences larger fluctuations and is considered to be riskier than VOXR.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GAU.TO	VOXR.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.11%	15.19%	+3.92%
Volatility (6M) Calculated over the trailing 6-month period	50.28%	41.29%	+8.99%
Volatility (1Y) Calculated over the trailing 1-year period	72.31%	57.29%	+15.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.56%	45.46%	+15.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.39%	46.78%	+15.61%

Dividends

GAU.TO vs. VOXR.TO - Dividend Comparison

GAU.TO has not paid dividends to shareholders, while VOXR.TO's dividend yield for the trailing twelve months is around 0.93%.

Position	TTM	2025	2024	2023	2022
GAU.TO Galiano Gold Inc.	0.00%	0.00%	0.00%	0.00%	0.00%
VOXR.TO Vox Royalty Corp	0.93%	1.04%	1.92%	2.18%	0.89%

Financials

Frequently Asked Questions

Can I hold both GAU.TO and VOXR.TO in my portfolio?

GAU.TO and VOXR.TO have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.