IX vs. EGO

Last updated Jun 4, 2026

IX (ORIX Corporation) and EGO (Eldorado Gold Corporation) are both stocks. IX operates in Credit Services (Financial Services), while EGO operates in Gold (Basic Materials). Over the past 10 years, IX returned 13.24%/yr vs 3.19%/yr for EGO. At a 0.12 correlation, their price movements are largely independent.

Performance

IX vs. EGO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ORIX Corporation (IX) and Eldorado Gold Corporation (EGO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IX achieves a 34.33% return, which is significantly higher than EGO's -11.66% return. Over the past 10 years, IX has outperformed EGO with an annualized return of 13.24%, while EGO has yielded a comparatively lower 3.19% annualized return.

IX

• 1D: 1.13%
• 1M: 19.45%
• YTD: 34.33%
• 6M: 42.26%
• 1Y: 87.12%
• 3Y*: 34.46%
• 5Y*: 19.83%
• 10Y*: 13.24%

EGO

• 1D: -5.08%
• 1M: 9.85%
• YTD: -11.66%
• 6M: 3.20%
• 1Y: 51.54%
• 3Y*: 48.60%
• 5Y*: 22.30%
• 10Y*: 3.19%

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

IX vs. EGO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IX ORIX Corporation	34.33%	43.44%	17.66%	19.98%	-19.17%	31.62%	-4.86%	16.58%	-15.61%	10.64%
EGO Eldorado Gold Corporation	-11.66%	141.56%	14.65%	55.14%	-10.59%	-29.54%	65.26%	178.82%	-59.72%	-55.28%

Correlation

The correlation between IX and EGO is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.28
Correlation (10Y) Calculated over the trailing 10-year period	0.15
Correlation (All Time) Calculated using the full available price history since Jan 24, 2003	0.12

The correlation between IX and EGO shifts across timeframes, from 0.12 (all time) to 0.32 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap IX : $42.64B EGO : $6.35B
EPS IX : $401.75 EGO : $2.83
PE Ratio IX : 0.10 EGO : 11.18
PEG Ratio IX : 0.01 EGO : 0.17
PS Ratio IX : 0.01 EGO : 3.21
PB Ratio IX : 0.01 EGO : 1.47
Total Revenue (TTM) IX : $3.34T EGO : $2.00B
Gross Profit (TTM) IX : $1.17T EGO : $988.83M
EBITDA (TTM) IX : $1.27T EGO : $1.04B

Return for Risk

IX vs. EGO — Risk / Return Rank

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

IX

IX Risk / Return Rank: 93
IX Sharpe Ratio Rank: 95
IX Sortino Ratio Rank: 95
IX Omega Ratio Rank: 95
IX Calmar Ratio Rank: 89
IX Martin Ratio Rank: 90

EGO

EGO Risk / Return Rank: 66
EGO Sharpe Ratio Rank: 72
EGO Sortino Ratio Rank: 64
EGO Omega Ratio Rank: 65
EGO Calmar Ratio Rank: 65
EGO Martin Ratio Rank: 65

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.

IX vs. EGO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ORIX Corporation (IX) and Eldorado Gold Corporation (EGO). 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.

	IX	EGO	Difference
Sharpe ratio Return per unit of total volatility	3.35	1.02	+2.34
Sortino ratio Return per unit of downside risk	4.26	1.49	+2.77
Omega ratio Gain probability vs. loss probability	1.56	1.20	+0.36
Calmar ratio Return relative to maximum drawdown	4.31	1.24	+3.07
Martin ratio Return relative to average drawdown	12.41	2.99	+9.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IX vs. EGO - Sharpe Ratio Comparison

The current IX Sharpe Ratio is 3.35, which is higher than the EGO Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of IX and EGO, 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

	IX	EGO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.35	1.02	+2.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	0.49	+0.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	0.06	+0.46
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.11	+0.09

Drawdowns

IX vs. EGO - Drawdown Comparison

The maximum IX drawdown since its inception was -93.82%, roughly equal to the maximum EGO drawdown of -97.49%. Use the drawdown chart below to compare losses from any high point for IX and EGO.

Drawdown Indicators

	IX	EGO	Difference
Max Drawdown Largest peak-to-trough decline	-93.82%	-97.49%	+3.67%
Max Drawdown (1Y) Largest decline over 1 year	-20.33%	-41.89%	+21.56%
Max Drawdown (3Y) Largest decline over 3 years	-24.34%	-41.89%	+17.55%
Max Drawdown (5Y) Largest decline over 5 years	-37.67%	-57.70%	+20.03%
Max Drawdown (10Y) Largest decline over 10 years	-47.23%	-89.45%	+42.22%
Current Drawdown Current decline from peak	-1.68%	-69.77%	+68.09%
Average Drawdown Average peak-to-trough decline	-44.98%	-55.67%	+10.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.04%	17.28%	-10.24%

Volatility

IX vs. EGO - Volatility Comparison

The current volatility for ORIX Corporation (IX) is 11.66%, while Eldorado Gold Corporation (EGO) has a volatility of 17.83%. This indicates that IX experiences smaller price fluctuations and is considered to be less risky than EGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IX	EGO	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.66%	17.83%	-6.17%
Volatility (6M) Calculated over the trailing 6-month period	21.81%	42.32%	-20.51%
Volatility (1Y) Calculated over the trailing 1-year period	26.13%	51.04%	-24.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.95%	45.69%	-20.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.67%	55.27%	-29.60%

Dividends

IX vs. EGO - Dividend Comparison

IX's dividend yield for the trailing twelve months is around 1.53%, more than EGO's 0.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EGO Eldorado Gold Corporation	0.47%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.40%	0.00%	0.67%
IX ORIX Corporation	1.53%	3.43%	3.63%	3.22%	1.94%	0.00%	2.17%	0.00%	0.00%	1.41%	2.40%	0.00%

Financials

IX vs. EGO - Profitability Comparison

The chart below illustrates the profitability comparison between ORIX Corporation and Eldorado Gold Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

IX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ORIX Corporation reported a gross profit of 326.61B and revenue of 938.86B. Therefore, the gross margin over that period was 34.8%.

EGO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Eldorado Gold Corporation reported a gross profit of 290.22M and revenue of 532.43M. Therefore, the gross margin over that period was 54.5%.

IX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ORIX Corporation reported an operating income of 415.02B and revenue of 938.86B, resulting in an operating margin of 44.2%.

EGO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Eldorado Gold Corporation reported an operating income of 261.43M and revenue of 532.43M, resulting in an operating margin of 49.1%.

IX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ORIX Corporation reported a net income of 58.65B and revenue of 938.86B, resulting in a net margin of 6.3%.

EGO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Eldorado Gold Corporation reported a net income of 136.38M and revenue of 532.43M, resulting in a net margin of 25.6%.

Frequently Asked Questions

Can I hold both IX and EGO in my portfolio?

IX and EGO have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IX or EGO?

EGO has higher volatility (17.83%) compared to IX (11.66%). In terms of maximum drawdown, IX dropped -93.82% vs EGO's -97.49%.

Which has better risk-adjusted returns?

IX currently has the higher Sharpe Ratio (3.35 vs 1.01), 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.