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KGC vs. IGV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

KGC vs. IGV

Last updated Jun 13, 2026

KGC (Kinross Gold Corporation) is a stock, while IGV (iShares Expanded Tech-Software Sector ETF) is Technology Equities fund tracking the S&P North American Expanded Technology Software Index. Over the past 10 years, KGC returned 18.81%/yr vs 15.87%/yr for IGV. At a 0.13 correlation, their price movements are largely independent.

Performance

KGC vs. IGV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kinross Gold Corporation (KGC) and iShares Expanded Tech-Software Sector ETF (IGV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, KGC achieves a -8.92% return, which is significantly higher than IGV's -14.18% return. Over the past 10 years, KGC has outperformed IGV with an annualized return of 18.81%, while IGV has yielded a comparatively lower 15.87% annualized return.

KGC

1D
2.90%
1M
-18.08%
YTD
-8.92%
6M
-8.14%
1Y
65.63%
3Y*
76.13%
5Y*
29.09%
10Y*
18.81%

IGV

1D
-0.24%
1M
2.37%
YTD
-14.18%
6M
-16.00%
1Y
-15.27%
3Y*
10.04%
5Y*
3.91%
10Y*
15.87%
*Multi-year figures are annualized to reflect compound growth (CAGR)

KGC vs. IGV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
KGC
Kinross Gold Corporation		-8.92%206.11%55.63%51.83%-27.59%-19.00%56.04%46.30%-25.00%38.91%
IGV
iShares Expanded Tech-Software Sector ETF		-14.18%5.56%23.41%58.56%-35.65%12.30%52.86%34.33%12.44%42.16%

Correlation

The correlation between KGC and IGV is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.20

Correlation (3Y)
Calculated over the trailing 3-year period

0.17

Correlation (5Y)
Calculated over the trailing 5-year period

0.21

Correlation (10Y)
Calculated over the trailing 10-year period

0.14

Correlation (All Time)
Calculated using the full available price history since Jul 13, 2001

0.13

Compare stocks, funds, or ETFs

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Kinross Gold Corporation

iShares Expanded Tech-Software Sector ETF

Often compared with KGC:
KGC vs. GOLDKGC vs. GFIKGC vs. BTGKGC vs. GLDKGC vs. EGOKGC vs. GAUKGC vs. FRO
Often compared with IGV:
IGV vs. QQQIGV vs. XSWIGV vs. SOXXIGV vs. VGTIGV vs. XLKIGV vs. SMHXIGV vs. VOO

Return for Risk

KGC vs. IGV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
KGC
KGC Risk / Return Rank: 7575
Overall Rank
KGC Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
KGC Sortino Ratio Rank: 7272
Sortino Ratio Rank
KGC Omega Ratio Rank: 7474
Omega Ratio Rank
KGC Calmar Ratio Rank: 7474
Calmar Ratio Rank
KGC Martin Ratio Rank: 7878
Martin Ratio Rank
IGV
IGV Risk / Return Rank: 55
Overall Rank
IGV Sharpe Ratio Rank: 55
Sharpe Ratio Rank
IGV Sortino Ratio Rank: 55
Sortino Ratio Rank
IGV Omega Ratio Rank: 55
Omega Ratio Rank
IGV Calmar Ratio Rank: 66
Calmar Ratio Rank
IGV Martin Ratio Rank: 66
Martin Ratio Rank
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. IGV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kinross Gold Corporation (KGC) and iShares Expanded Tech-Software Sector ETF (IGV). 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.

KGCIGVDifference
Sharpe ratioReturn per unit of total volatility
1.29
-0.55

+1.83

Sortino ratioReturn per unit of downside risk
1.72
-0.61

+2.33

Omega ratioGain probability vs. loss probability

1.24

0.93

+0.31

Calmar ratioReturn relative to maximum drawdown

1.75

-0.42

+2.17

Martin ratioReturn relative to average drawdown

5.20

-0.87

+6.07

KGC vs. IGV - Sharpe Ratio Comparison

The current KGC Sharpe Ratio is 1.29, which is higher than the IGV Sharpe Ratio of -0.55. The chart below compares the historical Sharpe Ratios of KGC and IGV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

KGC vs. IGV - Drawdown Comparison

The maximum KGC drawdown since its inception was -96.00%, which is greater than IGV's maximum drawdown of -63.45%. Use the drawdown chart below to compare losses from any high point for KGC and IGV.

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Drawdown Indicators

KGCIGVDifference

Max Drawdown

Largest peak-to-trough decline

-96.00%

-63.45%

-32.55%

Max Drawdown (1Y)

Largest decline over 1 year

-37.69%

-36.61%

-1.08%

Max Drawdown (3Y)

Largest decline over 3 years

-37.69%

-36.61%

-1.08%

Max Drawdown (5Y)

Largest decline over 5 years

-59.29%

-45.85%

-13.44%

Max Drawdown (10Y)

Largest decline over 10 years

-67.75%

-45.85%

-21.90%

Current Drawdown

Current decline from peak

-32.63%

-23.00%

-9.63%

Average Drawdown

Average peak-to-trough decline

-57.60%

-14.45%

-43.15%

Ulcer Index

Depth and duration of drawdowns from previous peaks

12.66%

17.55%

-4.89%

Volatility

KGC vs. IGV - Volatility Comparison

Kinross Gold Corporation (KGC) has a higher volatility of 18.21% compared to iShares Expanded Tech-Software Sector ETF (IGV) at 12.57%. This indicates that KGC's price experiences larger fluctuations and is considered to be riskier than IGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

KGCIGVDifference

Volatility (1M)

Calculated over the trailing 1-month period

18.21%

12.57%

+5.64%

Volatility (6M)

Calculated over the trailing 6-month period

40.59%

24.80%

+15.79%

Volatility (1Y)

Calculated over the trailing 1-year period

51.35%

28.06%

+23.29%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

44.22%

27.92%

+16.30%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

47.01%

26.39%

+20.62%

Dividends

KGC vs. IGV - Dividend Comparison

KGC's dividend yield for the trailing twelve months is around 0.57%, while IGV has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
IGV
iShares Expanded Tech-Software Sector ETF		0.00%0.00%0.00%0.01%0.01%0.00%0.35%0.02%0.16%0.09%0.82%0.22%
KGC
Kinross Gold Corporation		0.57%0.44%1.29%1.98%2.93%2.69%0.82%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

KGC and IGV have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

KGC has higher volatility (18.21%) compared to IGV (12.57%). In terms of maximum drawdown, KGC dropped -96.00% vs IGV's -63.45%.

KGC currently has the higher Sharpe Ratio (1.29 vs -0.55), 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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