GORO vs. RGLD
GORO (Gold Resource Corporation) and RGLD (Royal Gold, Inc.) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, GORO returned -9.01%/yr vs 13.61%/yr for RGLD. At a 0.49 correlation, their price movements are largely independent.
Performance
GORO vs. RGLD - Performance Comparison
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Returns By Period
In the year-to-date period, GORO achieves a 44.93% return, which is significantly higher than RGLD's -6.25% return. Over the past 10 years, GORO has underperformed RGLD with an annualized return of -9.01%, while RGLD has yielded a comparatively higher 13.61% annualized return.
GORO
- 1D
- 0.84%
- 1M
- -12.41%
- YTD
- 44.93%
- 6M
- 41.71%
- 1Y
- 90.08%
- 3Y*
- 14.89%
- 5Y*
- -15.91%
- 10Y*
- -9.01%
RGLD
- 1D
- 1.47%
- 1M
- -15.27%
- YTD
- -6.25%
- 6M
- -4.74%
- 1Y
- 16.96%
- 3Y*
- 21.73%
- 5Y*
- 12.37%
- 10Y*
- 13.61%
GORO vs. RGLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GORO Gold Resource Corporation | 44.93% | 259.84% | -38.80% | -75.42% | 0.20% | -45.33% | -46.91% | 39.34% | -8.71% | 1.64% |
RGLD Royal Gold, Inc. | -6.25% | 70.43% | 10.39% | 8.70% | 8.51% | 0.04% | -12.13% | 44.27% | 5.53% | 31.32% |
Correlation
The correlation between GORO and RGLD is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Sep 14, 2006 | 0.49 |
The correlation between GORO and RGLD shifts across timeframes, from 0.41 (3 years) to 0.51 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
GORO:
$196.46M
RGLD:
$17.65B
GORO:
$0.05
RGLD:
$8.53
GORO:
26.16
RGLD:
24.34
GORO:
0.78
RGLD:
1.66
GORO:
2.13
RGLD:
11.81
GORO:
4.02
RGLD:
2.38
GORO:
$81.00M
RGLD:
$1.31B
GORO:
$38.71M
RGLD:
$579.68M
GORO:
$43.09M
RGLD:
$949.59M
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Return for Risk
GORO vs. RGLD — Risk / Return Rank
GORO
RGLD
GORO vs. RGLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gold Resource Corporation (GORO) and Royal Gold, Inc. (RGLD). 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.
| GORO | RGLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.50 | ||
| Sortino ratioReturn per unit of downside risk | +1.09 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.11 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.05 | 0.48 | +1.56 |
| Martin ratioReturn relative to average drawdown | 3.70 | 1.27 | +2.43 |
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Drawdowns
GORO vs. RGLD - Drawdown Comparison
The maximum GORO drawdown since its inception was -99.48%, roughly equal to the maximum RGLD drawdown of -98.29%. Use the drawdown chart below to compare losses from any high point for GORO and RGLD.
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Drawdown Indicators
| GORO | RGLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.48% | -98.29% | -1.19% |
Max Drawdown (1Y)Largest decline over 1 year | -44.27% | -35.12% | -9.15% |
Max Drawdown (3Y)Largest decline over 3 years | -85.50% | -35.12% | -50.38% |
Max Drawdown (5Y)Largest decline over 5 years | -95.47% | -40.73% | -54.74% |
Max Drawdown (10Y)Largest decline over 10 years | -98.29% | -49.55% | -48.74% |
Current DrawdownCurrent decline from peak | -95.01% | -31.66% | -63.35% |
Average DrawdownAverage peak-to-trough decline | -65.14% | -29.82% | -35.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.42% | 13.34% | +11.08% |
Volatility
GORO vs. RGLD - Volatility Comparison
Gold Resource Corporation (GORO) has a higher volatility of 17.99% compared to Royal Gold, Inc. (RGLD) at 12.33%. This indicates that GORO's price experiences larger fluctuations and is considered to be riskier than RGLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GORO | RGLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.99% | 12.33% | +5.66% |
Volatility (6M)Calculated over the trailing 6-month period | 70.66% | 32.22% | +38.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 97.40% | 39.34% | +58.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 93.01% | 31.58% | +61.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 78.68% | 33.66% | +45.02% |
Dividends
GORO vs. RGLD - Dividend Comparison
GORO has not paid dividends to shareholders, while RGLD's dividend yield for the trailing twelve months is around 0.89%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GORO Gold Resource Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 2.61% | 2.78% | 1.37% | 0.42% | 0.50% | 0.45% | 0.69% | 7.23% |
RGLD Royal Gold, Inc. | 0.89% | 0.81% | 1.21% | 1.24% | 1.24% | 1.14% | 1.05% | 0.87% | 1.17% | 1.17% | 1.45% | 1.81% |
Financials
GORO vs. RGLD - Financials Comparison
This section allows you to compare key financial metrics between Gold Resource Corporation and Royal 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
GORO and RGLD have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GORO has higher volatility (17.99%) compared to RGLD (12.33%). In terms of maximum drawdown, GORO dropped -99.48% vs RGLD's -98.29%.
GORO currently has the higher Sharpe Ratio (0.93 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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