K.TO vs. AVAV
K.TO (Kinross Gold Corporation) and AVAV (AeroVironment, Inc.) are both stocks. K.TO operates in Gold (Basic Materials), while AVAV operates in Aerospace & Defense (Industrials). Over the past 10 years, K.TO returned 19.30%/yr vs 19.02%/yr for AVAV. At a 0.07 correlation, their price movements are largely independent.
Performance
K.TO vs. AVAV - Performance Comparison
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Different Trading Currencies
K.TO is traded in CAD, while AVAV is traded in USD. To make them comparable, the AVAV values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, K.TO achieves a -12.70% return, which is significantly higher than AVAV's -36.40% return. Both investments have delivered pretty close results over the past 10 years, with K.TO having a 19.30% annualized return and AVAV not far behind at 19.02%.
K.TO
- 1D
- 0.87%
- 1M
- -0.12%
- 6M
- -33.72%
- YTD
- -12.70%
- 1Y
- 56.63%
- 3Y*
- 74.28%
- 5Y*
- 36.67%
- 10Y*
- 19.30%
- ALL TIME*
- 4.88%
AVAV
- 1D
- -5.77%
- 1M
- 4.29%
- 6M
- -50.33%
- YTD
- -36.40%
- 1Y
- -42.88%
- 3Y*
- 18.43%
- 5Y*
- 11.71%
- 10Y*
- 19.02%
- ALL TIME*
- 10.60%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$302.83M | CA$535.95M | CA$381.90M | |
| CA$94.92M | CA$102.77M | CA$123.30M |
K.TO vs. AVAV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
K.TO Kinross Gold Corporation | -12.70% | 191.80% | 69.08% | 49.14% | -22.75% | -20.24% | 53.32% | 40.00% | -18.82% | 29.36% |
AVAV AeroVironment, Inc. | -36.40% | 50.01% | 32.43% | 43.64% | 46.85% | -28.65% | 37.41% | -12.88% | 31.17% | 95.15% |
Correlation
The correlation between K.TO and AVAV is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Jan 23, 2007 | 0.07 |
The correlation between K.TO and AVAV shifts across timeframes, from 0.07 (all time) to 0.21 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
K.TO:
CA$40.19B
AVAV:
$7.57B
K.TO:
$2.37
AVAV:
-$5.41
K.TO:
3.63
AVAV:
5.17
K.TO:
3.17
AVAV:
1.72
K.TO:
$7.97B
AVAV:
$1.42B
K.TO:
$4.26B
AVAV:
$246.70M
K.TO:
$5.03B
AVAV:
-$6.04M
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Return for Risk
K.TO vs. AVAV — Risk / Return Rank
K.TO
AVAV
K.TO vs. AVAV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kinross Gold Corporation (K.TO) and AeroVironment, Inc. (AVAV). 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 | AVAV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.67 | ||
| Sortino ratioReturn per unit of downside risk | +2.15 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 0.94 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 1.46 | -0.65 | +2.12 |
| Martin ratioReturn relative to average drawdown | 3.40 | -1.06 | +4.47 |
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Drawdowns
K.TO vs. AVAV - Drawdown Comparison
The maximum K.TO drawdown since its inception was -92.37%, which is greater than AVAV's maximum drawdown of -66.09%. Use the drawdown chart below to compare losses from any high point for K.TO and AVAV.
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Drawdown Indicators
| K.TO | AVAV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.37% | -66.09% | -26.28% |
Max Drawdown (1Y)Largest decline over 1 year | -38.86% | -66.09% | +27.23% |
Max Drawdown (3Y)Largest decline over 3 years | -38.86% | -66.09% | +27.23% |
Max Drawdown (5Y)Largest decline over 5 years | -53.71% | -66.09% | +12.38% |
Max Drawdown (10Y)Largest decline over 10 years | -68.25% | -66.09% | -2.16% |
Current DrawdownCurrent decline from peak | -35.00% | -63.28% | +28.28% |
Average DrawdownAverage peak-to-trough decline | -56.13% | -31.73% | -24.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.68% | 40.45% | -23.77% |
Volatility
K.TO vs. AVAV - Volatility Comparison
The current volatility for Kinross Gold Corporation (K.TO) is 12.40%, while AeroVironment, Inc. (AVAV) has a volatility of 28.54%. This indicates that K.TO experiences smaller price fluctuations and is considered to be less risky than AVAV 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 | AVAV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.40% | 28.54% | -16.14% |
Volatility (6M)Calculated over the trailing 6-month period | 40.27% | 58.70% | -18.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.19% | 74.20% | -22.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.73% | 57.77% | -15.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.44% | 53.21% | -7.77% |
Dividends
K.TO vs. AVAV - Dividend Comparison
K.TO's dividend yield for the trailing twelve months is around 0.60%, while AVAV has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
AVAV AeroVironment, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
K.TO Kinross Gold Corporation | 0.60% | 0.45% | 1.23% | 2.04% | 2.68% | 1.63% | 1.27% |
Financials
K.TO vs. AVAV - Financials Comparison
This section allows you to compare key financial metrics between Kinross Gold Corporation and AeroVironment, 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
K.TO vs. AVAV - Profitability Comparison
K.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
AVAV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, AeroVironment, Inc. reported a gross profit of 0.00 and revenue of 80.12M. Therefore, the gross margin over that period was 0.0%.
K.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Kinross Gold Corporation reported an operating income of 1.33B and revenue of 2.41B, resulting in an operating margin of 55.1%.
AVAV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, AeroVironment, Inc. reported an operating income of 56.94M and revenue of 80.12M, resulting in an operating margin of 71.1%.
K.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Kinross Gold Corporation reported a net income of 843.00M and revenue of 2.41B, resulting in a net margin of 35.0%.
AVAV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, AeroVironment, Inc. reported a net income of -24.10M and revenue of 80.12M, resulting in a net margin of -30.1%.
Frequently Asked Questions
K.TO and AVAV have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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