K.TO vs. ABX.TO
K.TO (Kinross Gold Corporation) and ABX.TO (Barrick Gold Corporation) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, K.TO returned 19.43%/yr vs 9.59%/yr for ABX.TO. A 0.78 correlation means they provide meaningful diversification when combined.
Performance
K.TO vs. ABX.TO - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with K.TO having a -7.85% return and ABX.TO slightly lower at -8.19%. Over the past 10 years, K.TO has outperformed ABX.TO with an annualized return of 19.43%, while ABX.TO has yielded a comparatively lower 9.59% annualized return.
K.TO
- 1D
- -4.64%
- 1M
- -9.04%
- YTD
- -7.85%
- 6M
- -11.74%
- 1Y
- 65.63%
- 3Y*
- 82.28%
- 5Y*
- 37.20%
- 10Y*
- 19.43%
ABX.TO
- 1D
- -4.63%
- 1M
- -3.15%
- YTD
- -8.19%
- 6M
- -12.28%
- 1Y
- 90.66%
- 3Y*
- 38.85%
- 5Y*
- 19.55%
- 10Y*
- 9.59%
K.TO vs. ABX.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
K.TO Kinross Gold Corporation | -7.85% | 191.80% | 69.08% | 49.14% | -22.75% | -20.24% | 52.79% | 40.00% | -18.82% | 29.36% |
ABX.TO Barrick Gold Corporation | -8.19% | 173.89% | -4.69% | 5.66% | 1.28% | -13.98% | 21.72% | 31.81% | 2.67% | -14.89% |
Correlation
The correlation between K.TO and ABX.TO is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Jul 21, 2006 | 0.78 |
The correlation between K.TO and ABX.TO has been stable across timeframes, ranging from 0.76 to 0.82 - a consistent structural relationship.
Fundamentals
K.TO:
CA$42.78B
ABX.TO:
CA$90.80B
K.TO:
$2.36
ABX.TO:
$3.60
K.TO:
10.62
ABX.TO:
10.64
K.TO:
0.14
ABX.TO:
0.12
K.TO:
3.83
ABX.TO:
3.41
K.TO:
3.32
ABX.TO:
2.34
K.TO:
$7.97B
ABX.TO:
$19.02B
K.TO:
$4.26B
ABX.TO:
$10.15B
K.TO:
$5.03B
ABX.TO:
$12.44B
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Return for Risk
K.TO vs. ABX.TO — Risk / Return Rank
K.TO
ABX.TO
K.TO vs. ABX.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kinross Gold Corporation (K.TO) and Barrick Gold Corporation (ABX.TO). 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.
| K.TO | ABX.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.73 | ||
| Sortino ratioReturn per unit of downside risk | -0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.32 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.82 | 3.20 | -1.38 |
| Martin ratioReturn relative to average drawdown | 5.02 | 7.61 | -2.58 |
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Drawdowns
K.TO vs. ABX.TO - Drawdown Comparison
The maximum K.TO drawdown since its inception was -92.37%, which is greater than ABX.TO's maximum drawdown of -84.65%. Use the drawdown chart below to compare losses from any high point for K.TO and ABX.TO.
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Drawdown Indicators
| K.TO | ABX.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.37% | -84.65% | -7.72% |
Max Drawdown (1Y)Largest decline over 1 year | -36.29% | -28.49% | -7.80% |
Max Drawdown (3Y)Largest decline over 3 years | -36.29% | -28.49% | -7.80% |
Max Drawdown (5Y)Largest decline over 5 years | -53.71% | -43.11% | -10.60% |
Max Drawdown (10Y)Largest decline over 10 years | -68.36% | -56.74% | -11.62% |
Current DrawdownCurrent decline from peak | -31.39% | -23.61% | -7.78% |
Average DrawdownAverage peak-to-trough decline | -56.02% | -40.50% | -15.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.11% | 11.96% | +1.15% |
Volatility
K.TO vs. ABX.TO - Volatility Comparison
Kinross Gold Corporation (K.TO) has a higher volatility of 17.29% compared to Barrick Gold Corporation (ABX.TO) at 14.89%. This indicates that K.TO's price experiences larger fluctuations and is considered to be riskier than ABX.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| K.TO | ABX.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.29% | 14.89% | +2.40% |
Volatility (6M)Calculated over the trailing 6-month period | 40.04% | 35.42% | +4.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.77% | 45.54% | +6.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.47% | 34.73% | +7.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.62% | 35.90% | +9.72% |
Dividends
K.TO vs. ABX.TO - Dividend Comparison
K.TO's dividend yield for the trailing twelve months is around 0.56%, less than ABX.TO's 2.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABX.TO Barrick Gold Corporation | 2.33% | 1.22% | 2.46% | 2.27% | 4.77% | 3.96% | 1.33% | 0.60% | 1.17% | 0.72% | 0.47% | 1.43% |
K.TO Kinross Gold Corporation | 0.56% | 0.45% | 1.23% | 2.04% | 2.68% | 1.63% | 0.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
K.TO vs. ABX.TO - Financials Comparison
This section allows you to compare key financial metrics between Kinross Gold Corporation and Barrick Gold Corporation. 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
K.TO vs. ABX.TO - Profitability Comparison
K.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kinross Gold Corporation reported a gross profit of 1.44B and revenue of 2.41B. Therefore, the gross margin over that period was 59.9%.
ABX.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Barrick Gold Corporation reported a gross profit of 2.97B and revenue of 5.16B. Therefore, the gross margin over that period was 57.5%.
K.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kinross Gold Corporation reported an operating income of 1.33B and revenue of 2.41B, resulting in an operating margin of 55.1%.
ABX.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Barrick Gold Corporation reported an operating income of 2.93B and revenue of 5.16B, resulting in an operating margin of 56.7%.
K.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kinross Gold Corporation reported a net income of 843.00M and revenue of 2.41B, resulting in a net margin of 35.0%.
ABX.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Barrick Gold Corporation reported a net income of 1.58B and revenue of 5.16B, resulting in a net margin of 30.5%.
Frequently Asked Questions
K.TO and ABX.TO have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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