GFI vs. LUG.TO
GFI (Gold Fields Limited) and LUG.TO (Lundin Gold Inc.) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, GFI returned 27.45%/yr vs 31.55%/yr for LUG.TO. At a 0.31 correlation, their price movements are largely independent.
Performance
GFI vs. LUG.TO - Performance Comparison
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Different Trading Currencies
GFI is traded in USD, while LUG.TO is traded in CAD. To make them comparable, the LUG.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, GFI achieves a -13.96% return, which is significantly higher than LUG.TO's -27.93% return. Over the past 10 years, GFI has underperformed LUG.TO with an annualized return of 27.45%, while LUG.TO has yielded a comparatively higher 31.55% annualized return.
GFI
- 1D
- 1.67%
- 1M
- -18.49%
- YTD
- -13.96%
- 6M
- -13.63%
- 1Y
- 50.40%
- 3Y*
- 39.19%
- 5Y*
- 32.03%
- 10Y*
- 27.45%
LUG.TO
- 1D
- 0.79%
- 1M
- -16.07%
- YTD
- -27.93%
- 6M
- -25.81%
- 1Y
- 14.81%
- 3Y*
- 77.02%
- 5Y*
- 48.80%
- 10Y*
- 31.55%
GFI vs. LUG.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GFI Gold Fields Limited | -13.96% | 240.42% | -6.27% | 44.90% | -2.61% | 23.33% | 43.02% | 89.47% | -16.75% | 45.29% |
LUG.TO Lundin Gold Inc. | -27.93% | 309.94% | 76.65% | 32.70% | 22.82% | -4.62% | 34.40% | 74.11% | 1.61% | -7.62% |
Correlation
The correlation between GFI and LUG.TO is 0.68, 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 | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Aug 24, 2007 | 0.31 |
Over the past year, GFI and LUG.TO have become more correlated (0.68) than their long-term average of 0.31, meaning their price movements have been converging.
Fundamentals
GFI:
$32.65B
LUG.TO:
CA$18.65B
GFI:
$5.39
LUG.TO:
$3.77
GFI:
6.78
LUG.TO:
14.57
GFI:
0.11
LUG.TO:
0.19
GFI:
2.34
LUG.TO:
6.66
GFI:
3.87
LUG.TO:
9.79
GFI:
$13.98B
LUG.TO:
$2.00B
GFI:
$7.34B
LUG.TO:
$1.41B
GFI:
$8.04B
LUG.TO:
$1.43B
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Return for Risk
GFI vs. LUG.TO — Risk / Return Rank
GFI
LUG.TO
GFI vs. LUG.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gold Fields Limited (GFI) and Lundin Gold Inc. (LUG.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.
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.
| GFI | LUG.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.58 | ||
| Sortino ratioReturn per unit of downside risk | +0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.09 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.15 | 0.38 | +0.77 |
| Martin ratioReturn relative to average drawdown | 3.06 | 1.03 | +2.03 |
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Drawdowns
GFI vs. LUG.TO - Drawdown Comparison
The maximum GFI drawdown since its inception was -88.05%, smaller than the maximum LUG.TO drawdown of -95.13%. Use the drawdown chart below to compare losses from any high point for GFI and LUG.TO.
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Drawdown Indicators
| GFI | LUG.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.05% | -95.13% | +7.08% |
Max Drawdown (1Y)Largest decline over 1 year | -43.90% | -39.12% | -4.78% |
Max Drawdown (3Y)Largest decline over 3 years | -43.90% | -39.12% | -4.78% |
Max Drawdown (5Y)Largest decline over 5 years | -56.22% | -43.37% | -12.85% |
Max Drawdown (10Y)Largest decline over 10 years | -63.09% | -46.50% | -16.59% |
Current DrawdownCurrent decline from peak | -38.93% | -36.18% | -2.75% |
Average DrawdownAverage peak-to-trough decline | -44.25% | -71.98% | +27.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.51% | 14.44% | +2.07% |
Volatility
GFI vs. LUG.TO - Volatility Comparison
Gold Fields Limited (GFI) and Lundin Gold Inc. (LUG.TO) have volatilities of 17.70% and 17.97%, 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.
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Volatility by Period
| GFI | LUG.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.70% | 17.97% | -0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 46.40% | 41.95% | +4.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.94% | 56.02% | +3.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.37% | 46.84% | +5.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.90% | 43.77% | +11.13% |
Dividends
GFI vs. LUG.TO - Dividend Comparison
GFI's dividend yield for the trailing twelve months is around 5.04%, less than LUG.TO's 6.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GFI Gold Fields Limited | 5.04% | 1.77% | 2.94% | 2.87% | 3.40% | 3.24% | 1.72% | 0.81% | 1.61% | 1.41% | 1.35% | 0.60% |
LUG.TO Lundin Gold Inc. | 6.79% | 3.35% | 2.69% | 3.26% | 1.97% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
GFI vs. LUG.TO - Financials Comparison
This section allows you to compare key financial metrics between Gold Fields Limited and Lundin Gold 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
GFI vs. LUG.TO - Profitability Comparison
GFI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Gold Fields Limited reported a gross profit of 3.00B and revenue of 5.29B. Therefore, the gross margin over that period was 56.7%.
LUG.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lundin Gold Inc. reported a gross profit of 420.70M and revenue of 567.38M. Therefore, the gross margin over that period was 74.2%.
GFI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Gold Fields Limited reported an operating income of 2.71B and revenue of 5.29B, resulting in an operating margin of 51.3%.
LUG.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lundin Gold Inc. reported an operating income of 391.03M and revenue of 567.38M, resulting in an operating margin of 68.9%.
GFI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Gold Fields Limited reported a net income of 2.55B and revenue of 5.29B, resulting in a net margin of 48.2%.
LUG.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lundin Gold Inc. reported a net income of 273.33M and revenue of 567.38M, resulting in a net margin of 48.2%.
Frequently Asked Questions
GFI and LUG.TO have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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