K.TO vs. IAG.L
K.TO (Kinross Gold Corporation) and IAG.L (International Consolidated Airlines Group S.A) are both stocks. K.TO operates in Gold (Basic Materials), while IAG.L operates in Airlines (Industrials). Over the past 10 years, K.TO returned 19.71%/yr vs 12.71%/yr for IAG.L. At a 0.04 correlation, their price movements are largely independent.
Performance
K.TO vs. IAG.L - Performance Comparison
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Different Trading Currencies
K.TO is traded in CAD, while IAG.L is traded in GBp. To make them comparable, the IAG.L 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 -7.26% return, which is significantly lower than IAG.L's 6.93% return. Over the past 10 years, K.TO has outperformed IAG.L with an annualized return of 19.71%, while IAG.L has yielded a comparatively lower 12.71% annualized return.
K.TO
- 1D
- 3.14%
- 1M
- -15.56%
- YTD
- -7.26%
- 6M
- -6.78%
- 1Y
- 67.56%
- 3Y*
- 79.11%
- 5Y*
- 32.58%
- 10Y*
- 19.71%
IAG.L
- 1D
- 7.09%
- 1M
- 15.63%
- YTD
- 6.93%
- 6M
- 9.84%
- 1Y
- 43.56%
- 3Y*
- 44.79%
- 5Y*
- 19.58%
- 10Y*
- 12.71%
K.TO vs. IAG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
K.TO Kinross Gold Corporation | -7.26% | 191.80% | 69.08% | 49.14% | -22.75% | -20.24% | 52.79% | 40.00% | -18.82% | 29.36% |
IAG.L International Consolidated Airlines Group S.A | 6.93% | 44.62% | 110.17% | 28.63% | -17.45% | -11.69% | -41.48% | 20.29% | 4.38% | 60.12% |
Correlation
The correlation between K.TO and IAG.L 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 | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2007 | 0.04 |
The correlation between K.TO and IAG.L shifts across timeframes, from 0.04 (all time) to 0.21 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
K.TO:
CA$43.06B
IAG.L:
£21.74B
K.TO:
$2.36
IAG.L:
€0.98
K.TO:
10.83
IAG.L:
5.14
K.TO:
0.14
IAG.L:
0.04
K.TO:
3.90
IAG.L:
0.57
K.TO:
3.39
IAG.L:
3.31
K.TO:
$7.97B
IAG.L:
€42.52B
K.TO:
$4.26B
IAG.L:
€9.71B
K.TO:
$5.03B
IAG.L:
€8.77B
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Return for Risk
K.TO vs. IAG.L — Risk / Return Rank
K.TO
IAG.L
K.TO vs. IAG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kinross Gold Corporation (K.TO) and International Consolidated Airlines Group S.A (IAG.L). 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 | IAG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.41 | ||
| Sortino ratioReturn per unit of downside risk | +0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.19 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.94 | 1.47 | +0.47 |
| Martin ratioReturn relative to average drawdown | 5.71 | 3.85 | +1.85 |
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Drawdowns
K.TO vs. IAG.L - Drawdown Comparison
The maximum K.TO drawdown since its inception was -92.37%, which is greater than IAG.L's maximum drawdown of -77.95%. Use the drawdown chart below to compare losses from any high point for K.TO and IAG.L.
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Drawdown Indicators
| K.TO | IAG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.37% | -77.95% | -14.42% |
Max Drawdown (1Y)Largest decline over 1 year | -36.29% | -25.14% | -11.15% |
Max Drawdown (3Y)Largest decline over 3 years | -36.29% | -37.42% | +1.13% |
Max Drawdown (5Y)Largest decline over 5 years | -56.26% | -58.20% | +1.94% |
Max Drawdown (10Y)Largest decline over 10 years | -68.36% | -74.79% | +6.43% |
Current DrawdownCurrent decline from peak | -30.94% | -3.17% | -27.77% |
Average DrawdownAverage peak-to-trough decline | -55.98% | -38.22% | -17.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.29% | 9.59% | +2.70% |
Volatility
K.TO vs. IAG.L - Volatility Comparison
Kinross Gold Corporation (K.TO) has a higher volatility of 18.19% compared to International Consolidated Airlines Group S.A (IAG.L) at 12.27%. This indicates that K.TO's price experiences larger fluctuations and is considered to be riskier than IAG.L 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 | IAG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.19% | 12.27% | +5.92% |
Volatility (6M)Calculated over the trailing 6-month period | 39.35% | 30.25% | +9.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.98% | 38.12% | +12.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.47% | 41.35% | +1.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.61% | 50.81% | -5.20% |
Dividends
K.TO vs. IAG.L - Dividend Comparison
K.TO's dividend yield for the trailing twelve months is around 0.56%, less than IAG.L's 2.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IAG.L International Consolidated Airlines Group S.A | 2.16% | 2.27% | 0.71% | 0.00% | 0.00% | 0.00% | 0.00% | 13.57% | 7.50% | 5.65% | 6.92% | 2.28% |
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. IAG.L - Financials Comparison
This section allows you to compare key financial metrics between Kinross Gold Corporation and International Consolidated Airlines Group S.A. 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. IAG.L - 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%.
IAG.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, International Consolidated Airlines Group S.A reported a gross profit of 4.15B and revenue of 17.28B. Therefore, the gross margin over that period was 24.0%.
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%.
IAG.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, International Consolidated Airlines Group S.A reported an operating income of 3.09B and revenue of 17.28B, resulting in an operating margin of 17.9%.
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%.
IAG.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, International Consolidated Airlines Group S.A reported a net income of 2.04B and revenue of 17.28B, resulting in a net margin of 11.8%.
Frequently Asked Questions
K.TO and IAG.L 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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