K.TO vs. TLT
Compare and contrast key facts about Kinross Gold Corporation (K.TO) and iShares 20+ Year Treasury Bond ETF (TLT).
TLT is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 20+ Year Treasury Bond Index. It was launched on Jul 26, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: K.TO or TLT.
Key characteristics
| K.TO | TLT | |
|---|---|---|
| YTD Return | 66.12% | -6.14% |
| 1Y Return | 84.20% | 4.03% |
| 3Y Return (Ann) | 16.67% | -12.58% |
| 5Y Return (Ann) | 20.64% | -5.92% |
| 10Y Return (Ann) | 16.69% | -0.37% |
| Sharpe Ratio | 2.25 | 0.43 |
| Sortino Ratio | 2.80 | 0.70 |
| Omega Ratio | 1.36 | 1.08 |
| Calmar Ratio | 1.02 | 0.14 |
| Martin Ratio | 12.08 | 1.05 |
| Ulcer Index | 6.95% | 6.10% |
| Daily Std Dev | 37.34% | 15.01% |
| Max Drawdown | -95.68% | -48.35% |
| Current Drawdown | -64.35% | -41.52% |
Correlation
The correlation between K.TO and TLT is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
K.TO vs. TLT - Performance Comparison
In the year-to-date period, K.TO achieves a 66.12% return, which is significantly higher than TLT's -6.14% return. Over the past 10 years, K.TO has outperformed TLT with an annualized return of 16.69%, while TLT has yielded a comparatively lower -0.37% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
K.TO vs. TLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kinross Gold Corporation (K.TO) and iShares 20+ Year Treasury Bond ETF (TLT). 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.
Dividends
K.TO vs. TLT - Dividend Comparison
K.TO's dividend yield for the trailing twelve months is around 0.91%, less than TLT's 4.10% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
K.TO Kinross Gold Corporation | 0.91% | 1.50% | 2.17% | 1.63% | 0.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.72% |
TLT iShares 20+ Year Treasury Bond ETF | 4.10% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% | 3.26% |
Drawdowns
K.TO vs. TLT - Drawdown Comparison
The maximum K.TO drawdown since its inception was -95.68%, which is greater than TLT's maximum drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for K.TO and TLT. For additional features, visit the drawdowns tool.
Volatility
K.TO vs. TLT - Volatility Comparison
Kinross Gold Corporation (K.TO) has a higher volatility of 15.69% compared to iShares 20+ Year Treasury Bond ETF (TLT) at 5.03%. This indicates that K.TO's price experiences larger fluctuations and is considered to be riskier than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.