IAG vs. OPRA
IAG (IAMGOLD Corporation) and OPRA (Opera Limited) are both stocks. IAG operates in Gold (Basic Materials), while OPRA operates in Internet Content & Information (Communication Services). Over the past 5 years, IAG returned 39.12%/yr vs 19.43%/yr for OPRA. At a 0.13 correlation, their price movements are largely independent.
Performance
IAG vs. OPRA - Performance Comparison
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Returns By Period
In the year-to-date period, IAG achieves a -7.10% return, which is significantly lower than OPRA's 42.17% return.
IAG
- 1D
- -0.97%
- 1M
- -5.08%
- 6M
- -10.98%
- YTD
- -7.10%
- 1Y
- 117.30%
- 3Y*
- 78.58%
- 5Y*
- 39.12%
- 10Y*
- 12.59%
OPRA
- 1D
- -0.52%
- 1M
- 10.19%
- 6M
- 45.48%
- YTD
- 42.17%
- 1Y
- 9.17%
- 3Y*
- -4.32%
- 5Y*
- 19.43%
- 10Y*
- —
IAG vs. OPRA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IAG IAMGOLD Corporation | -7.10% | 219.57% | 103.95% | -1.94% | -17.57% | -14.71% | -1.61% | 1.36% | -33.21% |
OPRA Opera Limited | 42.17% | -22.08% | 52.02% | 140.60% | -10.91% | -22.67% | -1.30% | 66.37% | -61.23% |
Correlation
The correlation between IAG and OPRA is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jul 27, 2018 | 0.13 |
Fundamentals
IAG:
$8.85B
OPRA:
$1.72B
IAG:
$1.73
OPRA:
$1.26
IAG:
8.87
OPRA:
15.23
IAG:
0.05
OPRA:
0.06
IAG:
2.62
OPRA:
2.70
IAG:
2.10
OPRA:
1.77
IAG:
$3.42B
OPRA:
$647.66M
IAG:
$1.64B
OPRA:
$378.92M
IAG:
$1.97B
OPRA:
$154.47M
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Return for Risk
IAG vs. OPRA — Risk / Return Rank
IAG
OPRA
IAG vs. OPRA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IAMGOLD Corporation (IAG) and Opera Limited (OPRA). 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.
| IAG | OPRA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.90 | ||
| Sortino ratioReturn per unit of downside risk | +1.89 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.05 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 3.06 | 0.05 | +3.01 |
| Martin ratioReturn relative to average drawdown | 6.68 | 0.09 | +6.59 |
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Drawdowns
IAG vs. OPRA - Drawdown Comparison
The maximum IAG drawdown since its inception was -95.55%, which is greater than OPRA's maximum drawdown of -72.85%. Use the drawdown chart below to compare losses from any high point for IAG and OPRA.
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Drawdown Indicators
| IAG | OPRA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.55% | -72.85% | -22.70% |
Max Drawdown (1Y)Largest decline over 1 year | -39.60% | -41.28% | +1.68% |
Max Drawdown (3Y)Largest decline over 3 years | -39.60% | -61.68% | +22.08% |
Max Drawdown (5Y)Largest decline over 5 years | -73.69% | -61.97% | -11.72% |
Max Drawdown (10Y)Largest decline over 10 years | -86.46% | — | — |
Current DrawdownCurrent decline from peak | -37.65% | -19.94% | -17.71% |
Average DrawdownAverage peak-to-trough decline | -56.11% | -40.90% | -15.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.10% | 23.37% | -5.27% |
Volatility
IAG vs. OPRA - Volatility Comparison
IAMGOLD Corporation (IAG) has a higher volatility of 18.59% compared to Opera Limited (OPRA) at 10.70%. This indicates that IAG's price experiences larger fluctuations and is considered to be riskier than OPRA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IAG | OPRA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.59% | 10.70% | +7.89% |
Volatility (6M)Calculated over the trailing 6-month period | 50.34% | 39.68% | +10.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.39% | 52.04% | +10.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.72% | 60.50% | +0.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.63% | 64.11% | -5.48% |
Dividends
IAG vs. OPRA - Dividend Comparison
IAG has not paid dividends to shareholders, while OPRA's dividend yield for the trailing twelve months is around 4.17%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
IAG IAMGOLD Corporation | 0.00% | 0.00% | 0.00% | 0.00% |
OPRA Opera Limited | 4.17% | 5.65% | 4.22% | 8.92% |
Financials
IAG vs. OPRA - Financials Comparison
This section allows you to compare key financial metrics between IAMGOLD Corporation and Opera Limited. 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
IAG vs. OPRA - Profitability Comparison
IAG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, IAMGOLD Corporation reported a gross profit of 570.70M and revenue of 1.03B. Therefore, the gross margin over that period was 55.4%.
OPRA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Opera Limited reported a gross profit of 111.02M and revenue of 175.77M. Therefore, the gross margin over that period was 63.2%.
IAG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, IAMGOLD Corporation reported an operating income of 544.70M and revenue of 1.03B, resulting in an operating margin of 52.9%.
OPRA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Opera Limited reported an operating income of 30.43M and revenue of 175.77M, resulting in an operating margin of 17.3%.
IAG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, IAMGOLD Corporation reported a net income of 379.70M and revenue of 1.03B, resulting in a net margin of 36.9%.
OPRA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Opera Limited reported a net income of 24.79M and revenue of 175.77M, resulting in a net margin of 14.1%.
Frequently Asked Questions
IAG and OPRA have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IAG has higher volatility (18.59%) compared to OPRA (10.70%). In terms of maximum drawdown, IAG dropped -95.55% vs OPRA's -72.85%.
IAG currently has the higher Sharpe Ratio (1.94 vs 0.04), 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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