GLE vs. EQX
GLE (Global Engine Group Holding Ltd) and EQX (Equinox Gold Corp.) are both stocks. GLE operates in Information Technology Services (Technology), while EQX operates in Gold (Basic Materials). Over the past year, GLE returned -70.97% vs 59.98% for EQX. At a 0.05 correlation, their price movements are largely independent.
Performance
GLE vs. EQX - Performance Comparison
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Returns By Period
In the year-to-date period, GLE achieves a 21.94% return, which is significantly higher than EQX's -30.26% return.
GLE
- 1D
- 6.46%
- 1M
- -0.49%
- YTD
- 21.94%
- 6M
- -18.39%
- 1Y
- -70.97%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EQX
- 1D
- -4.68%
- 1M
- -19.46%
- YTD
- -30.26%
- 6M
- -34.24%
- 1Y
- 59.98%
- 3Y*
- 28.63%
- 5Y*
- 5.99%
- 10Y*
- —
GLE vs. EQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GLE Global Engine Group Holding Ltd | 21.94% | -79.77% | -66.41% |
EQX Equinox Gold Corp. | -30.26% | 179.68% | -18.24% |
Correlation
The correlation between GLE and EQX is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Sep 20, 2024 | 0.05 |
Fundamentals
GLE:
HK$46.01M
EQX:
$2.29B
GLE:
HK$6.13M
EQX:
$866.94M
GLE:
HK$1.02M
EQX:
$1.22B
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Return for Risk
GLE vs. EQX — Risk / Return Rank
GLE
EQX
GLE vs. EQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global Engine Group Holding Ltd (GLE) and Equinox Gold Corp. (EQX). 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.
| GLE | EQX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.42 | ||
| Sortino ratioReturn per unit of downside risk | -1.42 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.20 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.77 | 1.26 | -2.02 |
| Martin ratioReturn relative to average drawdown | -0.87 | 3.52 | -4.40 |
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Drawdowns
GLE vs. EQX - Drawdown Comparison
The maximum GLE drawdown since its inception was -94.99%, which is greater than EQX's maximum drawdown of -81.06%. Use the drawdown chart below to compare losses from any high point for GLE and EQX.
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Drawdown Indicators
| GLE | EQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.99% | -81.06% | -13.93% |
Max Drawdown (1Y)Largest decline over 1 year | -92.77% | -48.02% | -44.75% |
Max Drawdown (3Y)Largest decline over 3 years | — | -48.02% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -71.57% | — |
Current DrawdownCurrent decline from peak | -91.78% | -47.81% | -43.97% |
Average DrawdownAverage peak-to-trough decline | -71.66% | -38.14% | -33.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 81.20% | 17.10% | +64.10% |
Volatility
GLE vs. EQX - Volatility Comparison
Global Engine Group Holding Ltd (GLE) has a higher volatility of 61.89% compared to Equinox Gold Corp. (EQX) at 22.02%. This indicates that GLE's price experiences larger fluctuations and is considered to be riskier than EQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GLE | EQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 61.89% | 22.02% | +39.87% |
Volatility (6M)Calculated over the trailing 6-month period | 105.44% | 49.23% | +56.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 164.56% | 61.24% | +103.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 153.66% | 57.68% | +95.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 153.66% | 55.60% | +98.06% |
Dividends
GLE vs. EQX - Dividend Comparison
GLE has not paid dividends to shareholders, while EQX's dividend yield for the trailing twelve months is around 0.31%.
| Position | TTM |
|---|---|
EQX Equinox Gold Corp. | 0.31% |
GLE Global Engine Group Holding Ltd | 0.00% |
Financials
GLE vs. EQX - Financials Comparison
This section allows you to compare key financial metrics between Global Engine Group Holding Ltd and Equinox Gold Corp.. 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
Frequently Asked Questions
GLE and EQX have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLE has higher volatility (61.89%) compared to EQX (22.02%). In terms of maximum drawdown, GLE dropped -94.99% vs EQX's -81.06%.
EQX currently has the higher Sharpe Ratio (0.98 vs -0.43), 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.
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