IE vs. CGAU
IE (Ivanhoe Electric Inc) and CGAU (Centerra Gold Inc) are both stocks. Both are in the Basic Materials sector — IE in Copper, CGAU in Gold. Over the past 3 years, IE returned -17.37%/yr vs 46.41%/yr for CGAU. Their 0.35 correlation means their historical movements had little consistent relationship.
Performance
IE vs. CGAU - Performance Comparison
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Returns By Period
In the year-to-date period, IE achieves a -42.74% return, which is significantly lower than CGAU's 20.32% return.
IE
- 1D
- -2.14%
- 1M
- -3.79%
- 6M
- -46.46%
- YTD
- -42.74%
- 1Y
- -4.59%
- 3Y*
- -17.37%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -5.93%
CGAU
- 1D
- -6.17%
- 1M
- 3.68%
- 6M
- 3.16%
- YTD
- 20.32%
- 1Y
- 151.89%
- 3Y*
- 46.41%
- 5Y*
- 18.80%
- 10Y*
- —
- ALL TIME*
- 15.24%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $26.01M | $24.30M | $25.95M | |
| $18.36M | $18.04M | $23.69M |
IE vs. CGAU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IE Ivanhoe Electric Inc | -42.74% | 111.66% | -25.10% | -17.04% | 3.40% |
CGAU Centerra Gold Inc | 20.32% | 159.49% | -1.45% | 19.37% | -28.35% |
Correlation
The correlation between IE and CGAU is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.51 |
Correlation (3Y) Balances recent behavior with more history. | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 2022 | 0.35 |
The correlation between IE and CGAU shifts across timeframes, from 0.35 (all time) to 0.51 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
IE:
$1.45B
CGAU:
$3.36B
IE:
-$0.81
CGAU:
$3.13
IE:
390.78
CGAU:
2.07
IE:
2.68
CGAU:
1.60
IE:
$3.37M
CGAU:
$1.70B
IE:
-$32.15M
CGAU:
$611.06M
IE:
-$179.34M
CGAU:
$1.02B
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Return for Risk
IE vs. CGAU — Risk / Return Rank
IE
CGAU
IE vs. CGAU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ivanhoe Electric Inc (IE) and Centerra Gold Inc (CGAU). 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.
| IE | CGAU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.01 | ||
| Sortino ratioReturn per unit of downside risk | -2.50 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.40 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.07 | 5.36 | -5.43 |
| Martin ratioReturn relative to average drawdown | -0.15 | 12.46 | -12.61 |
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Drawdowns
IE vs. CGAU - Drawdown Comparison
The maximum IE drawdown since its inception was -71.12%, which is greater than CGAU's maximum drawdown of -63.47%. Use the drawdown chart below to compare losses from any high point for IE and CGAU.
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Drawdown Indicators
| IE | CGAU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.12% | -63.47% | -7.65% |
Max Drawdown (1Y)Largest decline over 1 year | -59.44% | -29.50% | -29.94% |
Max Drawdown (3Y)Largest decline over 3 years | -70.96% | -29.50% | -41.46% |
Max Drawdown (5Y)Largest decline over 5 years | — | -63.47% | — |
Current DrawdownCurrent decline from peak | -54.07% | -17.78% | -36.29% |
Average DrawdownAverage peak-to-trough decline | -33.07% | -29.41% | -3.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.88% | 12.66% | +16.22% |
Volatility
IE vs. CGAU - Volatility Comparison
Ivanhoe Electric Inc (IE) has a higher volatility of 21.08% compared to Centerra Gold Inc (CGAU) at 17.09%. This indicates that IE's price experiences larger fluctuations and is considered to be riskier than CGAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IE | CGAU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.08% | 17.09% | +3.99% |
Volatility (6M)Calculated over the trailing 6-month period | 57.08% | 43.21% | +13.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 74.15% | 53.61% | +20.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 70.09% | 47.52% | +22.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.09% | 48.98% | +21.11% |
Dividends
IE vs. CGAU - Dividend Comparison
IE has not paid dividends to shareholders, while CGAU's dividend yield for the trailing twelve months is around 1.18%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
CGAU Centerra Gold Inc | 1.18% | 1.39% | 3.59% | 3.45% |
IE Ivanhoe Electric Inc | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
IE vs. CGAU - Financials Comparison
This section allows you to compare key financial metrics between Ivanhoe Electric Inc and Centerra Gold 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
Frequently Asked Questions
IE and CGAU have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IE has higher volatility (21.08%) compared to CGAU (17.09%). In terms of maximum drawdown, IE dropped -71.12% vs CGAU's -63.47%.
CGAU currently has the higher Sharpe Ratio (2.95 vs -0.06), 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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