KIN2.DE vs. XAUUSD=X

Last updated Jun 5, 2026

KIN2.DE (Kinross Gold Corporation) is a stock, while XAUUSD=X (Gold Spot Price US Dollar) is a currency. Over the past 10 years, KIN2.DE returned 19.83%/yr vs 13.12%/yr for XAUUSD=X. At a 0.36 correlation, their price movements are largely independent.

Performance

KIN2.DE vs. XAUUSD=X - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Kinross Gold Corporation (KIN2.DE) and Gold Spot Price US Dollar (XAUUSD=X). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

KIN2.DE is traded in EUR, while XAUUSD=X is traded in USD. To make them comparable, the XAUUSD=X values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, KIN2.DE achieves a 0.29% return, which is significantly lower than XAUUSD=X's 2.09% return. Over the past 10 years, KIN2.DE has outperformed XAUUSD=X with an annualized return of 19.83%, while XAUUSD=X has yielded a comparatively lower 13.12% annualized return.

KIN2.DE

• 1D: 1.40%
• 1M: -5.98%
• YTD: 0.29%
• 6M: 4.45%
• 1Y: 83.49%
• 3Y*: 77.44%
• 5Y*: 31.98%
• 10Y*: 19.83%

XAUUSD=X

• 1D: -2.52%
• 1M: -5.92%
• YTD: 2.09%
• 6M: 4.16%
• 1Y: 28.22%
• 3Y*: 26.95%
• 5Y*: 19.30%
• 10Y*: 13.12%

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

KIN2.DE vs. XAUUSD=X - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KIN2.DE Kinross Gold Corporation	0.29%	178.60%	64.71%	43.04%	-20.27%	-17.09%	45.96%	44.77%	-19.22%	13.01%
XAUUSD=X Gold Spot Price US Dollar	2.09%	45.20%	35.64%	9.74%	5.94%	3.72%	14.29%	21.46%	2.90%	-0.76%

Correlation

The correlation between KIN2.DE and XAUUSD=X is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (10Y) Calculated over the trailing 10-year period	0.45
Correlation (All Time) Calculated using the full available price history since Aug 29, 2007	0.36

The correlation between KIN2.DE and XAUUSD=X shifts across timeframes, from 0.36 (all time) to 0.50 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

KIN2.DE vs. XAUUSD=X — Risk / Return Rank

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

KIN2.DE

KIN2.DE Risk / Return Rank: 81
KIN2.DE Sharpe Ratio Rank: 85
KIN2.DE Sortino Ratio Rank: 78
KIN2.DE Omega Ratio Rank: 78
KIN2.DE Calmar Ratio Rank: 81
KIN2.DE Martin Ratio Rank: 81

XAUUSD=X

XAUUSD=X Risk / Return Rank: 78
XAUUSD=X Sharpe Ratio Rank: 81
XAUUSD=X Sortino Ratio Rank: 77
XAUUSD=X Omega Ratio Rank: 82
XAUUSD=X Calmar Ratio Rank: 75
XAUUSD=X Martin Ratio Rank: 74

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.

KIN2.DE vs. XAUUSD=X - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kinross Gold Corporation (KIN2.DE) and Gold Spot Price US Dollar (XAUUSD=X). 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.

	KIN2.DE	XAUUSD=X	Difference
Sharpe ratio: Return per unit of total volatility	1.76	1.04	+0.73
Sortino ratio: Return per unit of downside risk	2.20	1.42	+0.78
Omega ratio: Gain probability vs. loss probability	1.29	1.22	+0.07
Calmar ratio: Return relative to maximum drawdown	2.79	1.27	+1.52
Martin ratio: Return relative to average drawdown	7.08	3.13	+3.95
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KIN2.DE vs. XAUUSD=X - Sharpe Ratio Comparison

The current KIN2.DE Sharpe Ratio is 1.76, which is higher than the XAUUSD=X Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of KIN2.DE and XAUUSD=X, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	KIN2.DE	XAUUSD=X	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.76	1.04	+0.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	1.12	-0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	0.87	-0.42
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.67	-0.45

Drawdowns

KIN2.DE vs. XAUUSD=X - Drawdown Comparison

The maximum KIN2.DE drawdown since its inception was -92.79%, which is greater than XAUUSD=X's maximum drawdown of -37.10%. Use the drawdown chart below to compare losses from any high point for KIN2.DE and XAUUSD=X.

Drawdown Indicators

	KIN2.DE	XAUUSD=X	Difference
Max Drawdown Largest peak-to-trough decline	-92.79%	-37.10%	-55.69%
Max Drawdown (1Y) Largest decline over 1 year	-28.99%	-17.48%	-11.51%
Max Drawdown (3Y) Largest decline over 3 years	-28.99%	-17.48%	-11.51%
Max Drawdown (5Y) Largest decline over 5 years	-52.63%	-17.48%	-35.15%
Max Drawdown (10Y) Largest decline over 10 years	-63.17%	-18.38%	-44.79%
Current Drawdown Current decline from peak	-24.25%	-17.48%	-6.77%
Average Drawdown Average peak-to-trough decline	-58.76%	-11.43%	-47.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.45%	7.69%	+3.76%

Volatility

KIN2.DE vs. XAUUSD=X - Volatility Comparison

Kinross Gold Corporation (KIN2.DE) has a higher volatility of 15.28% compared to Gold Spot Price US Dollar (XAUUSD=X) at 4.55%. This indicates that KIN2.DE's price experiences larger fluctuations and is considered to be riskier than XAUUSD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KIN2.DE	XAUUSD=X	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.28%	4.55%	+10.73%
Volatility (6M) Calculated over the trailing 6-month period	35.40%	20.03%	+15.37%
Volatility (1Y) Calculated over the trailing 1-year period	45.91%	21.43%	+24.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.59%	15.40%	+25.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.71%	14.12%	+29.59%

Frequently Asked Questions

Can I hold both KIN2.DE and XAUUSD=X in my portfolio?

KIN2.DE and XAUUSD=X have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.