K.TO vs. OR.TO
K.TO (Kinross Gold Corporation) and OR.TO (Osisko Gold Royalties Ltd) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, K.TO returned 19.71%/yr vs 12.45%/yr for OR.TO. A 0.67 correlation means they provide meaningful diversification when combined.
Performance
K.TO vs. OR.TO - Performance Comparison
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Returns By Period
In the year-to-date period, K.TO achieves a -6.51% return, which is significantly lower than OR.TO's -2.97% return. Over the past 10 years, K.TO has outperformed OR.TO with an annualized return of 19.71%, while OR.TO has yielded a comparatively lower 12.45% annualized return.
K.TO
- 1D
- -1.23%
- 1M
- -16.30%
- YTD
- -6.51%
- 6M
- -1.43%
- 1Y
- 75.29%
- 3Y*
- 79.50%
- 5Y*
- 33.08%
- 10Y*
- 19.71%
OR.TO
- 1D
- -0.04%
- 1M
- -10.41%
- YTD
- -2.97%
- 6M
- 1.63%
- 1Y
- 33.53%
- 3Y*
- 31.27%
- 5Y*
- 23.09%
- 10Y*
- 12.45%
K.TO vs. OR.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
K.TO Kinross Gold Corporation | -6.51% | 191.80% | 69.08% | 49.14% | -22.75% | -20.24% | 52.79% | 40.00% | -18.82% | 29.36% |
OR.TO Osisko Gold Royalties Ltd | -2.97% | 88.16% | 39.17% | 17.33% | 7.02% | -2.67% | 29.76% | 6.96% | -16.11% | 12.23% |
Correlation
The correlation between K.TO and OR.TO is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Jun 2, 2014 | 0.67 |
The correlation between K.TO and OR.TO shifts across timeframes, from 0.67 (all time) to 0.78 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
K.TO:
CA$43.41B
OR.TO:
CA$8.89B
K.TO:
CA$2.36
OR.TO:
CA$1.34
K.TO:
15.26
OR.TO:
35.10
K.TO:
0.20
OR.TO:
0.09
K.TO:
5.50
OR.TO:
27.41
K.TO:
4.77
OR.TO:
6.03
K.TO:
CA$7.97B
OR.TO:
CA$324.98M
K.TO:
CA$4.26B
OR.TO:
CA$282.47M
K.TO:
CA$5.03B
OR.TO:
CA$324.46M
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Return for Risk
K.TO vs. OR.TO — Risk / Return Rank
K.TO
OR.TO
K.TO vs. OR.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kinross Gold Corporation (K.TO) and Osisko Gold Royalties Ltd (OR.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.
| K.TO | OR.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.73 | ||
| Sortino ratioReturn per unit of downside risk | +0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.17 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.49 | 1.09 | +1.40 |
| Martin ratioReturn relative to average drawdown | 6.53 | 2.49 | +4.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| K.TO | OR.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.50 | 0.77 | +0.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | 0.69 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.35 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.32 | -0.20 |
Drawdowns
K.TO vs. OR.TO - Drawdown Comparison
The maximum K.TO drawdown since its inception was -92.37%, which is greater than OR.TO's maximum drawdown of -58.25%. Use the drawdown chart below to compare losses from any high point for K.TO and OR.TO.
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Drawdown Indicators
| K.TO | OR.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.37% | -58.25% | -34.12% |
Max Drawdown (1Y)Largest decline over 1 year | -30.38% | -30.85% | +0.47% |
Max Drawdown (3Y)Largest decline over 3 years | -30.38% | -30.85% | +0.47% |
Max Drawdown (5Y)Largest decline over 5 years | -57.67% | -34.22% | -23.45% |
Max Drawdown (10Y)Largest decline over 10 years | -68.36% | -57.66% | -10.70% |
Current DrawdownCurrent decline from peak | -30.38% | -27.70% | -2.68% |
Average DrawdownAverage peak-to-trough decline | -55.97% | -16.54% | -39.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.56% | 13.52% | -1.96% |
Volatility
K.TO vs. OR.TO - Volatility Comparison
Kinross Gold Corporation (K.TO) has a higher volatility of 16.35% compared to Osisko Gold Royalties Ltd (OR.TO) at 13.81%. This indicates that K.TO's price experiences larger fluctuations and is considered to be riskier than OR.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 | OR.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.35% | 13.81% | +2.54% |
Volatility (6M)Calculated over the trailing 6-month period | 38.46% | 36.68% | +1.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.39% | 43.70% | +6.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.32% | 33.58% | +8.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.55% | 36.20% | +9.35% |
Dividends
K.TO vs. OR.TO - Dividend Comparison
K.TO's dividend yield for the trailing twelve months is around 0.56%, less than OR.TO's 0.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
OR.TO Osisko Gold Royalties Ltd | 0.64% | 0.60% | 0.98% | 1.24% | 1.35% | 1.36% | 1.24% | 1.58% | 1.67% | 1.24% | 1.22% | 0.95% |
Financials
K.TO vs. OR.TO - Financials Comparison
This section allows you to compare key financial metrics between Kinross Gold Corporation and Osisko Gold Royalties Ltd. 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. OR.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%.
OR.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Osisko Gold Royalties Ltd reported a gross profit of 87.05M and revenue of 101.15M. Therefore, the gross margin over that period was 86.1%.
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%.
OR.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Osisko Gold Royalties Ltd reported an operating income of 78.93M and revenue of 101.15M, resulting in an operating margin of 78.0%.
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%.
OR.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Osisko Gold Royalties Ltd reported a net income of 72.38M and revenue of 101.15M, resulting in a net margin of 71.6%.
Frequently Asked Questions
K.TO and OR.TO have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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