KGC vs. GOLD

Last updated Jun 24, 2026

KGC (Kinross Gold Corporation) and GOLD (Barrick Mining Corporation) are both stocks. Both operate in the Gold industry within the Basic Materials sector. A 0.53 correlation means they provide meaningful diversification when combined.

Performance

KGC vs. GOLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kinross Gold Corporation (KGC) and Barrick Mining Corporation (GOLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KGC achieves a -10.95% return, which is significantly lower than GOLD's 25.52% return.

KGC

• 1D: -4.90%
• 1M: -11.59%
• YTD: -10.95%
• 6M: -14.85%
• 1Y: 60.18%
• 3Y*: 77.91%
• 5Y*: 33.48%
• 10Y*: 18.52%

GOLD

• 1D: 1.36%
• 1M: -2.35%
• YTD: 25.52%
• 6M: 26.68%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

KGC vs. GOLD - Yearly Performance Comparison

	2026 (YTD)	2025
KGC Kinross Gold Corporation	-10.95%	-0.64%
GOLD Barrick Mining Corporation	25.52%	13.01%

Correlation

The correlation between KGC and GOLD is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 2, 2025	0.53

Fundamentals

Market Cap KGC : $30.11B GOLD : $1.12B
EPS KGC : $2.35 GOLD : $3.06
PE Ratio KGC : 10.63 GOLD : 13.84
PS Ratio KGC : 3.83 GOLD : 0.05
PB Ratio KGC : 3.30 GOLD : 1.32
Total Revenue (TTM) KGC : $7.94B GOLD : $23.02B
Gross Profit (TTM) KGC : $4.19B GOLD : $169.58M
EBITDA (TTM) KGC : $5.02B GOLD : -$162.41M

Return for Risk

KGC vs. GOLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KGC

KGC Risk / Return Rank: 72
KGC Sharpe Ratio Rank: 76
KGC Sortino Ratio Rank: 69
KGC Omega Ratio Rank: 70
KGC Calmar Ratio Rank: 71
KGC Martin Ratio Rank: 75

GOLD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KGC vs. GOLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kinross Gold Corporation (KGC) and Barrick Mining Corporation (GOLD). 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	GOLD	Difference
Sharpe ratio: Return per unit of total volatility	1.16	—	—
Sortino ratio: Return per unit of downside risk	1.62	—	—
Omega ratio: Gain probability vs. loss probability	1.22	—	—
Calmar ratio: Return relative to maximum drawdown	1.60	—	—
Martin ratio: Return relative to average drawdown	4.49	—	—

Drawdowns

KGC vs. GOLD - Drawdown Comparison

The maximum KGC drawdown since its inception was -96.00%, which is greater than GOLD's maximum drawdown of -40.58%. Use the drawdown chart below to compare losses from any high point for KGC and GOLD.

Drawdown Indicators

	KGC	GOLD	Difference
Max Drawdown Largest peak-to-trough decline	-96.00%	-40.58%	-55.42%
Max Drawdown (1Y) Largest decline over 1 year	-37.69%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-37.69%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-55.22%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-67.75%	—	—
Current Drawdown Current decline from peak	-34.13%	-33.36%	-0.77%
Average Drawdown Average peak-to-trough decline	-57.58%	-18.68%	-38.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.45%	—	—

Volatility

Volatility by Period

	KGC	GOLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.00%	—	—
Volatility (6M) Calculated over the trailing 6-month period	41.32%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	52.16%	57.50%	-5.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.19%	57.50%	-13.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.07%	57.50%	-10.43%

Dividends

KGC vs. GOLD - Dividend Comparison

KGC's dividend yield for the trailing twelve months is around 0.58%, less than GOLD's 0.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
GOLD Barrick Mining Corporation	0.94%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
KGC Kinross Gold Corporation	0.58%	0.44%	1.29%	1.98%	2.93%	2.69%	0.82%

Financials

KGC vs. GOLD - Profitability Comparison

The chart below illustrates the profitability comparison between Kinross Gold Corporation and Barrick Mining Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

KGC - 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 1.37B and revenue of 2.37B. Therefore, the gross margin over that period was 57.8%.

GOLD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Barrick Mining Corporation reported a gross profit of 176.58M and revenue of 10.35B. Therefore, the gross margin over that period was 1.7%.

KGC - 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 1.31B and revenue of 2.37B, resulting in an operating margin of 55.1%.

GOLD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Barrick Mining Corporation reported an operating income of 106.13M and revenue of 10.35B, resulting in an operating margin of 1.0%.

KGC - 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 831.32M and revenue of 2.37B, resulting in a net margin of 35.0%.

GOLD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Barrick Mining Corporation reported a net income of 59.49M and revenue of 10.35B, resulting in a net margin of 0.6%.

Frequently Asked Questions

Can I hold both KGC and GOLD in my portfolio?

KGC and GOLD have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.