KGC vs. CGAU
KGC (Kinross Gold Corporation) and CGAU (Centerra Gold Inc) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 5 years, KGC returned 30.97%/yr vs 18.80%/yr for CGAU. Their 0.71 correlation means they have sometimes moved together and sometimes differently.
Performance
KGC vs. CGAU - Performance Comparison
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Returns By Period
In the year-to-date period, KGC achieves a -17.75% return, which is significantly lower than CGAU's 20.32% return.
KGC
- 1D
- -2.20%
- 1M
- -6.52%
- 6M
- -26.61%
- YTD
- -17.75%
- 1Y
- 43.30%
- 3Y*
- 71.30%
- 5Y*
- 30.97%
- 10Y*
- 16.68%
- ALL TIME*
- 4.99%
CGAU
- 1D
- -6.17%
- 1M
- 3.68%
- 6M
- 3.16%
- YTD
- 20.32%
- 1Y
- 151.89%
- 3Y*
- 46.41%
- 5Y*
- 18.80%
- 10Y*
- —
- ALL TIME*
- 15.24%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $26.01M | $24.30M | $25.95M | |
| $162.18M | $178.21M | $212.46M |
KGC vs. CGAU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
KGC Kinross Gold Corporation | -17.75% | 206.11% | 55.63% | 51.83% | -27.59% | -17.36% |
CGAU Centerra Gold Inc | 20.32% | 159.49% | -1.45% | 19.37% | -32.55% | -14.48% |
Correlation
The correlation between KGC and CGAU is 0.85, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.85 |
Correlation (3Y) Balances recent behavior with more history. | 0.77 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.73 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | 0.71 |
The correlation between KGC and CGAU shifts across timeframes, from 0.71 (all time) to 0.85 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
KGC:
$27.58B
CGAU:
$3.36B
KGC:
$2.61
CGAU:
$3.13
KGC:
8.84
CGAU:
5.50
KGC:
0.12
CGAU:
0.02
KGC:
3.32
CGAU:
2.07
KGC:
2.86
CGAU:
1.60
KGC:
$8.39B
CGAU:
$1.70B
KGC:
$4.50B
CGAU:
$611.06M
KGC:
$5.58B
CGAU:
$1.02B
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Return for Risk
KGC vs. CGAU — Risk / Return Rank
KGC
CGAU
KGC vs. CGAU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kinross Gold Corporation (KGC) and Centerra Gold Inc (CGAU). 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.
| KGC | CGAU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.08 | ||
| Sortino ratioReturn per unit of downside risk | -1.59 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.40 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.12 | 5.36 | -4.24 |
| Martin ratioReturn relative to average drawdown | 2.49 | 12.46 | -9.97 |
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Drawdowns
KGC vs. CGAU - Drawdown Comparison
The maximum KGC drawdown since its inception was -96.00%, which is greater than CGAU's maximum drawdown of -63.47%. Use the drawdown chart below to compare losses from any high point for KGC and CGAU.
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Drawdown Indicators
| KGC | CGAU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.00% | -63.47% | -32.53% |
Max Drawdown (1Y)Largest decline over 1 year | -40.66% | -29.50% | -11.16% |
Max Drawdown (3Y)Largest decline over 3 years | -40.66% | -29.50% | -11.16% |
Max Drawdown (5Y)Largest decline over 5 years | -55.22% | -63.47% | +8.25% |
Max Drawdown (10Y)Largest decline over 10 years | -67.75% | — | — |
Current DrawdownCurrent decline from peak | -39.16% | -17.78% | -21.38% |
Average DrawdownAverage peak-to-trough decline | -57.51% | -29.41% | -28.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.22% | 12.66% | +5.56% |
Volatility
KGC vs. CGAU - Volatility Comparison
The current volatility for Kinross Gold Corporation (KGC) is 12.31%, while Centerra Gold Inc (CGAU) has a volatility of 17.09%. This indicates that KGC experiences smaller price fluctuations and is considered to be less risky than CGAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KGC | CGAU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.31% | 17.09% | -4.78% |
Volatility (6M)Calculated over the trailing 6-month period | 40.64% | 43.21% | -2.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.21% | 53.61% | -1.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.41% | 47.52% | -3.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.87% | 48.98% | -2.11% |
Dividends
KGC vs. CGAU - Dividend Comparison
KGC's dividend yield for the trailing twelve months is around 0.63%, less than CGAU's 1.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
CGAU Centerra Gold Inc | 1.18% | 1.39% | 3.59% | 3.45% | 0.00% | 0.00% | 0.00% |
KGC Kinross Gold Corporation | 0.63% | 0.44% | 1.29% | 1.98% | 2.93% | 2.69% | 0.82% |
Financials
KGC vs. CGAU - Financials Comparison
This section allows you to compare key financial metrics between Kinross Gold Corporation and Centerra Gold 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
KGC vs. CGAU - Profitability Comparison
KGC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Kinross Gold Corporation reported a gross profit of 1.21B and revenue of 2.18B. Therefore, the gross margin over that period was 55.3%.
CGAU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Centerra Gold Inc reported a gross profit of 159.01M and revenue of 442.71M. Therefore, the gross margin over that period was 35.9%.
KGC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Kinross Gold Corporation reported an operating income of 1.14B and revenue of 2.18B, resulting in an operating margin of 52.5%.
CGAU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Centerra Gold Inc reported an operating income of 118.41M and revenue of 442.71M, resulting in an operating margin of 26.8%.
KGC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Kinross Gold Corporation reported a net income of 822.76M and revenue of 2.18B, resulting in a net margin of 37.7%.
CGAU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Centerra Gold Inc reported a net income of 72.12M and revenue of 442.71M, resulting in a net margin of 16.3%.
Frequently Asked Questions
KGC and CGAU have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CGAU has higher volatility (17.09%) compared to KGC (12.31%). In terms of maximum drawdown, KGC dropped -96.00% vs CGAU's -63.47%.
CGAU currently has the higher Sharpe Ratio (2.95 vs 0.87), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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