KNT.TO vs. ^TNX

Last updated Jun 4, 2026

KNT.TO (K92 Mining Inc.) is a stock, while ^TNX (Treasury Yield 10 Years) is an index. Over the past 10 years, KNT.TO returned 34.30%/yr vs 10.97%/yr for ^TNX. At a correlation of -0.16, they often move in opposite directions.

Performance

KNT.TO vs. ^TNX - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in K92 Mining Inc. (KNT.TO) and Treasury Yield 10 Years (^TNX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

KNT.TO is traded in CAD, while ^TNX is traded in USD. To make them comparable, the ^TNX values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, KNT.TO achieves a 3.48% return, which is significantly lower than ^TNX's 9.25% return. Over the past 10 years, KNT.TO has outperformed ^TNX with an annualized return of 34.30%, while ^TNX has yielded a comparatively lower 10.97% annualized return.

KNT.TO

• 1D: -3.93%
• 1M: -1.96%
• YTD: 3.48%
• 6M: 15.84%
• 1Y: 56.95%
• 3Y*: 58.03%
• 5Y*: 23.72%
• 10Y*: 34.30%

^TNX

• 1D: 1.22%
• 1M: 3.03%
• YTD: 9.25%
• 6M: 10.27%
• 1Y: 1.99%
• 3Y*: 8.00%
• 5Y*: 27.08%
• 10Y*: 10.97%

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

KNT.TO vs. ^TNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KNT.TO K92 Mining Inc.	3.48%	161.41%	33.33%	-15.12%	6.68%	-5.52%	164.24%	242.86%	55.56%	-44.33%
^TNX Treasury Yield 10 Years	9.25%	-13.14%	28.45%	-2.53%	174.83%	63.40%	-53.02%	-32.07%	21.16%	-7.94%

Correlation

The correlation between KNT.TO and ^TNX is -0.28, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.28
Correlation (3Y) Calculated over the trailing 3-year period	-0.22
Correlation (5Y) Calculated over the trailing 5-year period	-0.25
Correlation (10Y) Calculated over the trailing 10-year period	-0.21
Correlation (All Time) Calculated using the full available price history since Jan 11, 2011	-0.16

The correlation between KNT.TO and ^TNX shifts across timeframes, from -0.28 (1 year) to -0.16 (all time), reflecting how their relationship changes across market environments.

Return for Risk

KNT.TO vs. ^TNX — Risk / Return Rank

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

KNT.TO

KNT.TO Risk / Return Rank: 70
KNT.TO Sharpe Ratio Rank: 75
KNT.TO Sortino Ratio Rank: 68
KNT.TO Omega Ratio Rank: 69
KNT.TO Calmar Ratio Rank: 69
KNT.TO Martin Ratio Rank: 71

^TNX

^TNX Risk / Return Rank: 12
^TNX Sharpe Ratio Rank: 12
^TNX Sortino Ratio Rank: 11
^TNX Omega Ratio Rank: 11
^TNX Calmar Ratio Rank: 12
^TNX Martin Ratio Rank: 12

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.

KNT.TO vs. ^TNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for K92 Mining Inc. (KNT.TO) and Treasury Yield 10 Years (^TNX). 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.

	KNT.TO	^TNX	Difference
Sharpe ratio: Return per unit of total volatility	1.16	0.12	+1.04
Sortino ratio: Return per unit of downside risk	1.64	0.29	+1.35
Omega ratio: Gain probability vs. loss probability	1.22	1.03	+0.19
Calmar ratio: Return relative to maximum drawdown	1.49	0.16	+1.33
Martin ratio: Return relative to average drawdown	4.12	0.32	+3.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KNT.TO vs. ^TNX - Sharpe Ratio Comparison

The current KNT.TO Sharpe Ratio is 1.16, which is higher than the ^TNX Sharpe Ratio of 0.12. The chart below compares the historical Sharpe Ratios of KNT.TO and ^TNX, 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

	KNT.TO	^TNX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.16	0.12	+1.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.82	-0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	0.23	+0.36
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.05	+0.38

Drawdowns

KNT.TO vs. ^TNX - Drawdown Comparison

The maximum KNT.TO drawdown since its inception was -82.00%, roughly equal to the maximum ^TNX drawdown of -83.97%. Use the drawdown chart below to compare losses from any high point for KNT.TO and ^TNX.

Drawdown Indicators

	KNT.TO	^TNX	Difference
Max Drawdown Largest peak-to-trough decline	-82.00%	-83.97%	+1.97%
Max Drawdown (1Y) Largest decline over 1 year	-38.35%	-12.47%	-25.88%
Max Drawdown (3Y) Largest decline over 3 years	-38.35%	-28.10%	-10.25%
Max Drawdown (5Y) Largest decline over 5 years	-54.53%	-28.10%	-26.43%
Max Drawdown (10Y) Largest decline over 10 years	-80.47%	-83.93%	+3.46%
Current Drawdown Current decline from peak	-29.21%	-9.63%	-19.58%
Average Drawdown Average peak-to-trough decline	-36.37%	-32.52%	-3.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.87%	6.24%	+7.63%

Volatility

KNT.TO vs. ^TNX - Volatility Comparison

K92 Mining Inc. (KNT.TO) has a higher volatility of 18.27% compared to Treasury Yield 10 Years (^TNX) at 5.28%. This indicates that KNT.TO's price experiences larger fluctuations and is considered to be riskier than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KNT.TO	^TNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.27%	5.28%	+12.99%
Volatility (6M) Calculated over the trailing 6-month period	38.44%	11.60%	+26.84%
Volatility (1Y) Calculated over the trailing 1-year period	49.52%	17.01%	+32.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.02%	33.42%	+15.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.33%	48.26%	+10.07%

Frequently Asked Questions

Can I hold both KNT.TO and ^TNX in my portfolio?

KNT.TO and ^TNX have a correlation of -0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.