GMD.AX vs. CGAU
GMD.AX (Genesis Minerals Limited) and CGAU (Centerra Gold Inc) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 5 years, GMD.AX returned 49.72%/yr vs 18.72%/yr for CGAU. At a 0.04 correlation, their price movements are largely independent.
Performance
GMD.AX vs. CGAU - Performance Comparison
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Different Trading Currencies
GMD.AX is traded in AUD, while CGAU is traded in USD. To make them comparable, the CGAU values have been converted to AUD using the latest available exchange rates.
Returns By Period
In the year-to-date period, GMD.AX achieves a -22.62% return, which is significantly lower than CGAU's 1.29% return.
GMD.AX
- 1D
- 1.63%
- 1M
- -5.87%
- 6M
- -26.38%
- YTD
- -22.62%
- 1Y
- 44.96%
- 3Y*
- 56.99%
- 5Y*
- 49.72%
- 10Y*
- 35.44%
- ALL TIME*
- 9.05%
CGAU
- 1D
- 0.00%
- 1M
- -8.17%
- 6M
- -18.81%
- YTD
- 1.29%
- 1Y
- 91.55%
- 3Y*
- 36.31%
- 5Y*
- 18.72%
- 10Y*
- —
- ALL TIME*
- 14.84%
GMD.AX vs. CGAU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
GMD.AX Genesis Minerals Limited | -22.62% | 193.52% | 37.99% | 43.20% | -24.24% | 166.95% |
CGAU Centerra Gold Inc | 1.29% | 140.65% | 8.47% | 19.46% | -28.09% | -8.78% |
Correlation
The correlation between GMD.AX and CGAU is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | 0.04 |
The correlation between GMD.AX and CGAU shifts across timeframes, from 0.04 (all time) to 0.15 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
GMD.AX vs. CGAU — Risk / Return Rank
GMD.AX
CGAU
GMD.AX vs. CGAU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Genesis Minerals Limited (GMD.AX) and Centerra Gold Inc (CGAU). 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.
| GMD.AX | CGAU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.31 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.01 | 3.25 | -2.25 |
| Martin ratioReturn relative to average drawdown | 2.24 | 7.74 | -5.51 |
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Drawdowns
GMD.AX vs. CGAU - Drawdown Comparison
The maximum GMD.AX drawdown since its inception was -97.97%, which is greater than CGAU's maximum drawdown of -58.36%. Use the drawdown chart below to compare losses from any high point for GMD.AX and CGAU.
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Drawdown Indicators
| GMD.AX | CGAU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.97% | -58.36% | -39.61% |
Max Drawdown (1Y)Largest decline over 1 year | -42.99% | -28.30% | -14.69% |
Max Drawdown (3Y)Largest decline over 3 years | -42.99% | -28.30% | -14.69% |
Max Drawdown (5Y)Largest decline over 5 years | -54.36% | -58.36% | +4.00% |
Max Drawdown (10Y)Largest decline over 10 years | -62.50% | — | — |
Current DrawdownCurrent decline from peak | -33.37% | -26.20% | -7.17% |
Average DrawdownAverage peak-to-trough decline | -53.62% | -24.25% | -29.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.61% | 11.86% | +7.75% |
Volatility
GMD.AX vs. CGAU - Volatility Comparison
Genesis Minerals Limited (GMD.AX) has a higher volatility of 23.05% compared to Centerra Gold Inc (CGAU) at 10.84%. This indicates that GMD.AX's price experiences larger fluctuations and is considered to be riskier than CGAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GMD.AX | CGAU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.05% | 10.84% | +12.21% |
Volatility (6M)Calculated over the trailing 6-month period | 50.73% | 39.34% | +11.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.54% | 48.75% | +13.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.06% | 43.35% | +41.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 80.58% | 45.21% | +35.37% |
Dividends
GMD.AX vs. CGAU - Dividend Comparison
GMD.AX has not paid dividends to shareholders, while CGAU's dividend yield for the trailing twelve months is around 1.27%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
CGAU Centerra Gold Inc | 1.27% | 1.39% | 3.59% | 3.45% |
GMD.AX Genesis Minerals Limited | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
GMD.AX vs. CGAU - Financials Comparison
This section allows you to compare key financial metrics between Genesis Minerals Limited and Centerra 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
Frequently Asked Questions
GMD.AX and CGAU have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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