IAUX vs. HG

Last updated Jun 4, 2026

IAUX (i-80 Gold Corp) and HG (Hamilton Insurance Group Ltd.) are both stocks. IAUX operates in Gold (Basic Materials), while HG operates in Insurance - Reinsurance (Financial Services). Over the past year, IAUX returned 176.47% vs 39.96% for HG. At a 0.06 correlation, their price movements are largely independent.

Performance

IAUX vs. HG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in i-80 Gold Corp (IAUX) and Hamilton Insurance Group Ltd. (HG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IAUX achieves a 4.79% return, which is significantly lower than HG's 10.46% return.

IAUX

• 1D: -5.56%
• 1M: 2.00%
• YTD: 4.79%
• 6M: 25.41%
• 1Y: 176.47%
• 3Y*: -12.06%
• 5Y*: -7.42%
• 10Y*: —

HG

• 1D: 0.59%
• 1M: -4.03%
• YTD: 10.46%
• 6M: 17.40%
• 1Y: 39.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IAUX vs. HG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
IAUX i-80 Gold Corp	4.79%	201.03%	-72.44%	35.38%
HG Hamilton Insurance Group Ltd.	10.46%	46.61%	27.29%	-0.33%

Correlation

The correlation between IAUX and HG is 0.03, 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	0.03
Correlation (All Time) Calculated using the full available price history since Nov 13, 2023	0.06

Fundamentals

EPS IAUX : -$0.27 HG : $8.27
PS Ratio IAUX : 9.26 HG : 0.75
Total Revenue (TTM) IAUX : $127.51M HG : $2.90B
Gross Profit (TTM) IAUX : $3.45M HG : $1.76B
EBITDA (TTM) IAUX : -$135.44M HG : $1.36B

Return for Risk

IAUX vs. HG — Risk / Return Rank

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

IAUX

IAUX Risk / Return Rank: 90
IAUX Sharpe Ratio Rank: 94
IAUX Sortino Ratio Rank: 88
IAUX Omega Ratio Rank: 86
IAUX Calmar Ratio Rank: 90
IAUX Martin Ratio Rank: 90

HG

HG Risk / Return Rank: 80
HG Sharpe Ratio Rank: 80
HG Sortino Ratio Rank: 77
HG Omega Ratio Rank: 73
HG Calmar Ratio Rank: 83
HG Martin Ratio Rank: 88

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.

IAUX vs. HG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for i-80 Gold Corp (IAUX) and Hamilton Insurance Group Ltd. (HG). 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.

	IAUX	HG	Difference
Sharpe ratio: Return per unit of total volatility	2.84	1.44	+1.41
Sortino ratio: Return per unit of downside risk	3.01	2.12	+0.89
Omega ratio: Gain probability vs. loss probability	1.37	1.25	+0.12
Calmar ratio: Return relative to maximum drawdown	4.56	3.16	+1.40
Martin ratio: Return relative to average drawdown	11.88	10.80	+1.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IAUX vs. HG - Sharpe Ratio Comparison

The current IAUX Sharpe Ratio is 2.84, which is higher than the HG Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of IAUX and HG, 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

	IAUX	HG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.84	1.44	+1.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.11	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.09	1.05	-1.13

Drawdowns

IAUX vs. HG - Drawdown Comparison

The maximum IAUX drawdown since its inception was -88.67%, which is greater than HG's maximum drawdown of -21.07%. Use the drawdown chart below to compare losses from any high point for IAUX and HG.

Drawdown Indicators

	IAUX	HG	Difference
Max Drawdown Largest peak-to-trough decline	-88.67%	-21.07%	-67.60%
Max Drawdown (1Y) Largest decline over 1 year	-38.94%	-12.69%	-26.25%
Max Drawdown (3Y) Largest decline over 3 years	-84.78%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-88.67%	—	—
Current Drawdown Current decline from peak	-50.49%	-12.17%	-38.32%
Average Drawdown Average peak-to-trough decline	-43.89%	-5.42%	-38.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.92%	3.71%	+11.21%

Volatility

IAUX vs. HG - Volatility Comparison

i-80 Gold Corp (IAUX) has a higher volatility of 17.59% compared to Hamilton Insurance Group Ltd. (HG) at 7.28%. This indicates that IAUX's price experiences larger fluctuations and is considered to be riskier than HG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IAUX	HG	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.59%	7.28%	+10.31%
Volatility (6M) Calculated over the trailing 6-month period	45.31%	18.03%	+27.28%
Volatility (1Y) Calculated over the trailing 1-year period	62.49%	27.97%	+34.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.99%	31.39%	+36.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.45%	31.39%	+36.06%

Dividends

IAUX vs. HG - Dividend Comparison

IAUX has not paid dividends to shareholders, while HG's dividend yield for the trailing twelve months is around 6.94%.

Position	TTM
HG Hamilton Insurance Group Ltd.	6.94%
IAUX i-80 Gold Corp	0.00%

Financials

Frequently Asked Questions

Can I hold both IAUX and HG in my portfolio?

IAUX and HG have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IAUX or HG?

IAUX has higher volatility (17.59%) compared to HG (7.28%). In terms of maximum drawdown, IAUX dropped -88.67% vs HG's -21.07%.

Which has better risk-adjusted returns?

IAUX currently has the higher Sharpe Ratio (2.84 vs 1.44), 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.