IAU.TO vs. ASPI

Last updated Jun 4, 2026

IAU.TO (i-80 Gold Corp) and ASPI (ASP Isotopes Inc. Common Stock) are both stocks. Both are in the Basic Materials sector — IAU.TO in Gold, ASPI in Chemicals. Over the past 3 years, IAU.TO returned -11.03%/yr vs 178.26%/yr for ASPI. At a 0.08 correlation, their price movements are largely independent.

Performance

IAU.TO vs. ASPI - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in i-80 Gold Corp (IAU.TO) and ASP Isotopes Inc. Common Stock (ASPI). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

IAU.TO is traded in CAD, while ASPI is traded in USD. To make them comparable, the ASPI values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, IAU.TO achieves a 4.95% return, which is significantly lower than ASPI's 42.92% return.

IAU.TO

• 1D: -5.36%
• 1M: 4.43%
• YTD: 4.95%
• 6M: 25.44%
• 1Y: 178.95%
• 3Y*: -11.03%
• 5Y*: -4.15%
• 10Y*: —

ASPI

• 1D: -8.99%
• 1M: 49.24%
• YTD: 42.92%
• 6M: 31.25%
• 1Y: -3.56%
• 3Y*: 178.26%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IAU.TO vs. ASPI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IAU.TO i-80 Gold Corp	4.95%	192.75%	-70.39%	-38.36%	29.01%
ASPI ASP Isotopes Inc. Common Stock	42.92%	12.68%	174.81%	10.80%	-41.77%

Correlation

The correlation between IAU.TO and ASPI is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (All Time) Calculated using the full available price history since Nov 15, 2022	0.08

The correlation between IAU.TO and ASPI shifts across timeframes, from 0.08 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap IAU.TO : CA$1.77B ASPI : $706.81M
EPS IAU.TO : -CA$0.27 ASPI : -$2.06
PS Ratio IAU.TO : 12.84 ASPI : 26.93
PB Ratio IAU.TO : 5.95 ASPI : 3.46
Total Revenue (TTM) IAU.TO : CA$127.38M ASPI : $23.85M
Gross Profit (TTM) IAU.TO : -CA$22.55M ASPI : $2.47M
EBITDA (TTM) IAU.TO : -CA$99.58M ASPI : -$118.78M

Return for Risk

IAU.TO vs. ASPI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IAU.TO

IAU.TO Risk / Return Rank: 90
IAU.TO Sharpe Ratio Rank: 94
IAU.TO Sortino Ratio Rank: 88
IAU.TO Omega Ratio Rank: 86
IAU.TO Calmar Ratio Rank: 90
IAU.TO Martin Ratio Rank: 90

ASPI

ASPI Risk / Return Rank: 42
ASPI Sharpe Ratio Rank: 39
ASPI Sortino Ratio Rank: 49
ASPI Omega Ratio Rank: 45
ASPI Calmar Ratio Rank: 38
ASPI Martin Ratio Rank: 38

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IAU.TO vs. ASPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for i-80 Gold Corp (IAU.TO) and ASP Isotopes Inc. Common Stock (ASPI). 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.

	IAU.TO	ASPI	Difference
Sharpe ratio: Return per unit of total volatility	2.82	-0.03	+2.86
Sortino ratio: Return per unit of downside risk	2.95	0.79	+2.16
Omega ratio: Gain probability vs. loss probability	1.38	1.08	+0.29
Calmar ratio: Return relative to maximum drawdown	4.71	-0.05	+4.76
Martin ratio: Return relative to average drawdown	12.21	-0.08	+12.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IAU.TO vs. ASPI - Sharpe Ratio Comparison

The current IAU.TO Sharpe Ratio is 2.82, which is higher than the ASPI Sharpe Ratio of -0.03. The chart below compares the historical Sharpe Ratios of IAU.TO and ASPI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IAU.TO	ASPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.82	-0.03	+2.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.06	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.21	0.31	-0.52

Drawdowns

IAU.TO vs. ASPI - Drawdown Comparison

The maximum IAU.TO drawdown since its inception was -91.25%, roughly equal to the maximum ASPI drawdown of -88.28%. Use the drawdown chart below to compare losses from any high point for IAU.TO and ASPI.

Drawdown Indicators

	IAU.TO	ASPI	Difference
Max Drawdown Largest peak-to-trough decline	-91.25%	-88.28%	-2.97%
Max Drawdown (1Y) Largest decline over 1 year	-38.25%	-71.36%	+33.11%
Max Drawdown (3Y) Largest decline over 3 years	-84.09%	-71.36%	-12.73%
Max Drawdown (5Y) Largest decline over 5 years	-87.90%	—	—
Current Drawdown Current decline from peak	-62.14%	-46.82%	-15.32%
Average Drawdown Average peak-to-trough decline	-59.76%	-41.25%	-18.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.72%	46.09%	-31.37%

Volatility

IAU.TO vs. ASPI - Volatility Comparison

The current volatility for i-80 Gold Corp (IAU.TO) is 16.43%, while ASP Isotopes Inc. Common Stock (ASPI) has a volatility of 39.00%. This indicates that IAU.TO experiences smaller price fluctuations and is considered to be less risky than ASPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IAU.TO	ASPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.43%	39.00%	-22.57%
Volatility (6M) Calculated over the trailing 6-month period	45.65%	73.36%	-27.71%
Volatility (1Y) Calculated over the trailing 1-year period	63.79%	107.90%	-44.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.46%	111.70%	-44.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.57%	111.70%	-41.13%

Dividends

IAU.TO vs. ASPI - Dividend Comparison

Neither IAU.TO nor ASPI has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both IAU.TO and ASPI in my portfolio?

IAU.TO and ASPI have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.