HOC.L vs. KGC
HOC.L (Hochschild Mining plc) and KGC (Kinross Gold Corporation) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, HOC.L returned 17.08%/yr vs 20.54%/yr for KGC. At a 0.30 correlation, their price movements are largely independent.
Performance
HOC.L vs. KGC - Performance Comparison
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Different Trading Currencies
HOC.L is traded in GBp, while KGC is traded in USD. To make them comparable, the KGC values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, HOC.L achieves a 13.22% return, which is significantly higher than KGC's -5.71% return. Over the past 10 years, HOC.L has underperformed KGC with an annualized return of 17.08%, while KGC has yielded a comparatively higher 20.54% annualized return.
HOC.L
- 1D
- 0.09%
- 1M
- -8.45%
- YTD
- 13.22%
- 6M
- 38.16%
- 1Y
- 87.00%
- 3Y*
- 93.00%
- 5Y*
- 27.99%
- 10Y*
- 17.08%
KGC
- 1D
- -7.75%
- 1M
- -13.08%
- YTD
- -5.71%
- 6M
- -3.70%
- 1Y
- 73.52%
- 3Y*
- 73.65%
- 5Y*
- 30.72%
- 10Y*
- 20.54%
HOC.L vs. KGC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HOC.L Hochschild Mining plc | 13.22% | 141.69% | 99.81% | 52.46% | -43.65% | -29.18% | 17.23% | 19.41% | -39.88% | 25.89% |
KGC Kinross Gold Corporation | -5.71% | 184.30% | 58.35% | 44.24% | -18.98% | -18.23% | 51.46% | 40.73% | -20.55% | 26.89% |
Correlation
The correlation between HOC.L and KGC is 0.61, 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 | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Jul 4, 2007 | 0.30 |
Over the past year, HOC.L and KGC have become more correlated (0.61) than their long-term average of 0.30, meaning their price movements have been converging.
Fundamentals
HOC.L:
£2.97B
KGC:
$31.57B
HOC.L:
£0.59
KGC:
$2.35
HOC.L:
9.84
KGC:
11.14
HOC.L:
0.01
KGC:
0.15
HOC.L:
1.41
KGC:
4.02
HOC.L:
4.12
KGC:
3.46
HOC.L:
£2.09B
KGC:
$7.94B
HOC.L:
£781.85M
KGC:
$4.19B
HOC.L:
£851.03M
KGC:
$5.02B
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Return for Risk
HOC.L vs. KGC — Risk / Return Rank
HOC.L
KGC
HOC.L vs. KGC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hochschild Mining plc (HOC.L) and Kinross Gold Corporation (KGC). 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.
| HOC.L | KGC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.27 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.16 | 2.57 | +0.59 |
| Martin ratioReturn relative to average drawdown | 6.81 | 6.94 | -0.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HOC.L | KGC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.67 | 1.51 | +0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.74 | -0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | 0.45 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.09 | 0.14 | -0.06 |
Drawdowns
HOC.L vs. KGC - Drawdown Comparison
The maximum HOC.L drawdown since its inception was -93.27%, roughly equal to the maximum KGC drawdown of -93.33%. Use the drawdown chart below to compare losses from any high point for HOC.L and KGC.
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Drawdown Indicators
| HOC.L | KGC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.27% | -93.33% | +0.06% |
Max Drawdown (1Y)Largest decline over 1 year | -32.71% | -28.81% | -3.90% |
Max Drawdown (3Y)Largest decline over 3 years | -32.71% | -28.81% | -3.90% |
Max Drawdown (5Y)Largest decline over 5 years | -68.40% | -53.09% | -15.31% |
Max Drawdown (10Y)Largest decline over 10 years | -80.57% | -65.14% | -15.43% |
Current DrawdownCurrent decline from peak | -28.09% | -28.81% | +0.72% |
Average DrawdownAverage peak-to-trough decline | -54.74% | -56.20% | +1.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.81% | 10.63% | +4.18% |
Volatility
HOC.L vs. KGC - Volatility Comparison
Hochschild Mining plc (HOC.L) has a higher volatility of 17.02% compared to Kinross Gold Corporation (KGC) at 15.34%. This indicates that HOC.L's price experiences larger fluctuations and is considered to be riskier than KGC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HOC.L | KGC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.02% | 15.34% | +1.68% |
Volatility (6M)Calculated over the trailing 6-month period | 42.41% | 37.74% | +4.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.79% | 48.85% | +12.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.35% | 41.41% | +13.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.15% | 45.45% | +9.70% |
Dividends
HOC.L vs. KGC - Dividend Comparison
HOC.L's dividend yield for the trailing twelve months is around 0.77%, more than KGC's 0.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
HOC.L Hochschild Mining plc | 0.77% | 0.43% | 0.00% | 0.00% | 5.05% | 2.38% | 2.84% | 1.92% | 2.11% | 0.90% | 0.55% |
KGC Kinross Gold Corporation | 0.55% | 0.44% | 1.29% | 1.98% | 2.93% | 2.69% | 0.82% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
HOC.L vs. KGC - Financials Comparison
This section allows you to compare key financial metrics between Hochschild Mining plc and Kinross Gold Corporation. 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
HOC.L vs. KGC - Profitability Comparison
HOC.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hochschild Mining plc reported a gross profit of 248.80M and revenue of 617.49M. Therefore, the gross margin over that period was 40.3%.
KGC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kinross Gold Corporation reported a gross profit of 1.37B and revenue of 2.37B. Therefore, the gross margin over that period was 57.8%.
HOC.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hochschild Mining plc reported an operating income of 198.11M and revenue of 617.49M, resulting in an operating margin of 32.1%.
KGC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kinross Gold Corporation reported an operating income of 1.31B and revenue of 2.37B, resulting in an operating margin of 55.1%.
HOC.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hochschild Mining plc reported a net income of 111.54M and revenue of 617.49M, resulting in a net margin of 18.1%.
KGC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kinross Gold Corporation reported a net income of 831.32M and revenue of 2.37B, resulting in a net margin of 35.0%.
Frequently Asked Questions
HOC.L and KGC have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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