IAG vs. SSRM
IAG (IAMGOLD Corporation) and SSRM (SSR Mining Inc.) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, IAG returned 12.59%/yr vs 7.68%/yr for SSRM. A 0.70 correlation means they provide meaningful diversification when combined.
Performance
IAG vs. SSRM - 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 SSRM's 30.38% return. Over the past 10 years, IAG has outperformed SSRM with an annualized return of 12.59%, while SSRM has yielded a comparatively lower 7.68% annualized 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%
SSRM
- 1D
- -1.96%
- 1M
- 8.59%
- 6M
- 29.85%
- YTD
- 30.38%
- 1Y
- 125.75%
- 3Y*
- 27.10%
- 5Y*
- 13.03%
- 10Y*
- 7.68%
IAG vs. SSRM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IAG IAMGOLD Corporation | -7.10% | 219.57% | 103.95% | -1.94% | -17.57% | -14.71% | -1.61% | 1.36% | -36.88% | 51.43% |
SSRM SSR Mining Inc. | 30.38% | 214.94% | -35.32% | -29.94% | -10.02% | -10.90% | 4.41% | 59.31% | 37.54% | -1.46% |
Correlation
The correlation between IAG and SSRM is 0.79, 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 | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2003 | 0.70 |
The correlation between IAG and SSRM has been stable across timeframes, ranging from 0.70 to 0.79 - a consistent structural relationship.
Fundamentals
IAG:
$8.85B
SSRM:
$5.93B
IAG:
$1.73
SSRM:
$3.26
IAG:
8.87
SSRM:
8.76
IAG:
0.05
SSRM:
0.14
IAG:
2.62
SSRM:
3.27
IAG:
2.10
SSRM:
1.40
IAG:
$3.42B
SSRM:
$1.90B
IAG:
$1.64B
SSRM:
$643.76M
IAG:
$1.97B
SSRM:
$835.27M
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Return for Risk
IAG vs. SSRM — Risk / Return Rank
IAG
SSRM
IAG vs. SSRM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IAMGOLD Corporation (IAG) and SSR Mining Inc. (SSRM). 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 | SSRM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | -0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.31 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.06 | 4.18 | -1.13 |
| Martin ratioReturn relative to average drawdown | 6.68 | 10.21 | -3.53 |
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Drawdowns
IAG vs. SSRM - Drawdown Comparison
The maximum IAG drawdown since its inception was -95.55%, roughly equal to the maximum SSRM drawdown of -91.68%. Use the drawdown chart below to compare losses from any high point for IAG and SSRM.
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Drawdown Indicators
| IAG | SSRM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.55% | -91.68% | -3.87% |
Max Drawdown (1Y)Largest decline over 1 year | -39.60% | -31.28% | -8.32% |
Max Drawdown (3Y)Largest decline over 3 years | -39.60% | -73.41% | +33.81% |
Max Drawdown (5Y)Largest decline over 5 years | -73.69% | -83.16% | +9.47% |
Max Drawdown (10Y)Largest decline over 10 years | -86.46% | -83.16% | -3.30% |
Current DrawdownCurrent decline from peak | -37.65% | -34.34% | -3.31% |
Average DrawdownAverage peak-to-trough decline | -56.11% | -57.09% | +0.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.10% | 12.80% | +5.30% |
Volatility
IAG vs. SSRM - Volatility Comparison
IAMGOLD Corporation (IAG) and SSR Mining Inc. (SSRM) have volatilities of 18.59% and 19.50%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IAG | SSRM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.59% | 19.50% | -0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 50.34% | 55.96% | -5.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.39% | 67.57% | -5.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.72% | 56.32% | +4.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.63% | 53.08% | +5.55% |
Dividends
IAG vs. SSRM - Dividend Comparison
Neither IAG nor SSRM has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
IAG IAMGOLD Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SSRM SSR Mining Inc. | 0.00% | 0.00% | 0.00% | 2.60% | 1.79% | 1.13% |
Financials
IAG vs. SSRM - Financials Comparison
This section allows you to compare key financial metrics between IAMGOLD Corporation and SSR Mining 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
IAG vs. SSRM - 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%.
SSRM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, SSR Mining Inc. reported a gross profit of 0.00 and revenue of 581.78M. Therefore, the gross margin over that period was 0.0%.
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%.
SSRM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, SSR Mining Inc. reported an operating income of 300.38M and revenue of 581.78M, resulting in an operating margin of 51.6%.
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%.
SSRM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, SSR Mining Inc. reported a net income of 369.74M and revenue of 581.78M, resulting in a net margin of 63.6%.
Frequently Asked Questions
IAG and SSRM have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SSRM has higher volatility (19.50%) compared to IAG (18.59%). In terms of maximum drawdown, IAG dropped -95.55% vs SSRM's -91.68%.
IAG currently has the higher Sharpe Ratio (1.94 vs 1.94), 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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