GTE vs. DNN
GTE (Gran Tierra Energy Inc.) and DNN (Denison Mines Corp) are both stocks. Both are in the Energy sector — GTE in Oil & Gas E&P, DNN in Uranium. Over the past 10 years, GTE returned -14.08%/yr vs 19.73%/yr for DNN. At a 0.29 correlation, their price movements are largely independent.
Performance
GTE vs. DNN - Performance Comparison
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Returns By Period
In the year-to-date period, GTE achieves a 67.45% return, which is significantly higher than DNN's 22.93% return. Over the past 10 years, GTE has underperformed DNN with an annualized return of -14.08%, while DNN has yielded a comparatively higher 19.73% annualized return.
GTE
- 1D
- -1.53%
- 1M
- -16.47%
- YTD
- 67.45%
- 6M
- 69.05%
- 1Y
- 29.56%
- 3Y*
- 13.70%
- 5Y*
- -2.36%
- 10Y*
- -14.08%
DNN
- 1D
- 0.00%
- 1M
- 1.24%
- YTD
- 22.93%
- 6M
- 17.63%
- 1Y
- 86.86%
- 3Y*
- 40.46%
- 5Y*
- 19.36%
- 10Y*
- 19.73%
GTE vs. DNN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GTE Gran Tierra Energy Inc. | 67.45% | -41.36% | 28.19% | -43.03% | 30.07% | 109.21% | -71.80% | -40.55% | -19.63% | -10.60% |
DNN Denison Mines Corp | 22.93% | 47.78% | 1.69% | 53.91% | -16.06% | 111.75% | 54.05% | -9.48% | -15.64% | 6.86% |
Correlation
The correlation between GTE and DNN is -0.02, 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 | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Dec 21, 2005 | 0.29 |
The correlation between GTE and DNN shifts across timeframes, from -0.02 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.
Fundamentals
GTE:
$250.63M
DNN:
$2.95B
GTE:
-$4.92
DNN:
-CA$0.28
GTE:
0.59
DNN:
962.13
GTE:
2.30K
DNN:
16.04
GTE:
$426.18M
DNN:
CA$4.34M
GTE:
$28.46M
DNN:
-CA$12.87M
GTE:
$192.58M
DNN:
-CA$155.36M
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Return for Risk
GTE vs. DNN — Risk / Return Rank
GTE
DNN
GTE vs. DNN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gran Tierra Energy Inc. (GTE) and Denison Mines Corp (DNN). 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.
| GTE | DNN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.00 | ||
| Sortino ratioReturn per unit of downside risk | -1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.24 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.88 | 2.48 | -1.60 |
| Martin ratioReturn relative to average drawdown | 1.85 | 6.13 | -4.28 |
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Drawdowns
GTE vs. DNN - Drawdown Comparison
The maximum GTE drawdown since its inception was -98.11%, roughly equal to the maximum DNN drawdown of -98.96%. Use the drawdown chart below to compare losses from any high point for GTE and DNN.
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Drawdown Indicators
| GTE | DNN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.11% | -98.96% | +0.85% |
Max Drawdown (1Y)Largest decline over 1 year | -33.78% | -35.24% | +1.46% |
Max Drawdown (3Y)Largest decline over 3 years | -66.86% | -52.48% | -14.38% |
Max Drawdown (5Y)Largest decline over 5 years | -83.67% | -55.66% | -28.01% |
Max Drawdown (10Y)Largest decline over 10 years | -95.40% | -75.90% | -19.50% |
Current DrawdownCurrent decline from peak | -92.56% | -83.04% | -9.52% |
Average DrawdownAverage peak-to-trough decline | -65.71% | -85.05% | +19.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.86% | 14.22% | +4.64% |
Volatility
GTE vs. DNN - Volatility Comparison
The current volatility for Gran Tierra Energy Inc. (GTE) is 16.76%, while Denison Mines Corp (DNN) has a volatility of 20.48%. This indicates that GTE experiences smaller price fluctuations and is considered to be less risky than DNN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GTE | DNN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.76% | 20.48% | -3.72% |
Volatility (6M)Calculated over the trailing 6-month period | 50.65% | 46.54% | +4.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 65.90% | 60.27% | +5.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.89% | 63.45% | +0.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.60% | 64.32% | +5.28% |
Dividends
GTE vs. DNN - Dividend Comparison
Neither GTE nor DNN has paid dividends to shareholders.
Financials
GTE vs. DNN - Financials Comparison
This section allows you to compare key financial metrics between Gran Tierra Energy Inc. and Denison Mines 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
GTE and DNN have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DNN has higher volatility (20.48%) compared to GTE (16.76%). In terms of maximum drawdown, GTE dropped -98.11% vs DNN's -98.96%.
DNN currently has the higher Sharpe Ratio (1.45 vs 0.45), 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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