KNT.TO vs. ^TNX
KNT.TO (K92 Mining Inc.) is a stock, while ^TNX (Cboe 10-Year Treasury Note Yield Index) is an index. Over the past 10 years, KNT.TO returned 26.77%/yr vs 12.12%/yr for ^TNX. At a correlation of -0.13, they often move in opposite directions.
Performance
KNT.TO vs. ^TNX - Performance Comparison
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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 -8.81% return, which is significantly lower than ^TNX's 13.07% return. Over the past 10 years, KNT.TO has outperformed ^TNX with an annualized return of 26.77%, while ^TNX has yielded a comparatively lower 12.12% annualized return.
KNT.TO
- 1D
- 0.44%
- 1M
- -11.77%
- 6M
- -24.32%
- YTD
- -8.81%
- 1Y
- 43.28%
- 3Y*
- 49.60%
- 5Y*
- 19.39%
- 10Y*
- 26.77%
- ALL TIME*
- 17.03%
^TNX
- 1D
- 1.13%
- 1M
- 2.71%
- 6M
- 9.70%
- YTD
- 13.07%
- 1Y
- 5.88%
- 3Y*
- 8.44%
- 5Y*
- 31.77%
- 10Y*
- 12.12%
- ALL TIME*
- 0.48%
KNT.TO vs. ^TNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KNT.TO K92 Mining Inc. | -8.81% | 161.41% | 33.33% | -15.12% | 6.68% | -5.52% | 164.24% | 242.86% | 55.56% | -44.33% |
^TNX Cboe 10-Year Treasury Note Yield Index | 13.07% | -13.12% | 28.30% | -2.71% | 172.80% | 64.80% | -53.35% | -31.50% | 21.07% | -8.33% |
Correlation
The correlation between KNT.TO and ^TNX is -0.24, 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 | -0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.17 |
Correlation (All Time) Calculated using the full available price history since Jan 10, 2011 | -0.13 |
The correlation between KNT.TO and ^TNX shifts across timeframes, from -0.24 (1 year) to -0.13 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
KNT.TO vs. ^TNX — Risk / Return Rank
KNT.TO
^TNX
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 Cboe 10-Year Treasury Note Yield Index (^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.
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.
| KNT.TO | ^TNX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.45 | ||
| Sortino ratioReturn per unit of downside risk | +0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.07 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | 0.56 | +0.57 |
| Martin ratioReturn relative to average drawdown | 2.43 | 1.23 | +1.20 |
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Drawdowns
KNT.TO vs. ^TNX - Drawdown Comparison
The maximum KNT.TO drawdown since its inception was -90.67%, roughly equal to the maximum ^TNX drawdown of -89.94%. Use the drawdown chart below to compare losses from any high point for KNT.TO and ^TNX.
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Drawdown Indicators
| KNT.TO | ^TNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.67% | -89.94% | -0.73% |
Max Drawdown (1Y)Largest decline over 1 year | -38.50% | -10.53% | -27.97% |
Max Drawdown (3Y)Largest decline over 3 years | -38.50% | -28.13% | -10.37% |
Max Drawdown (5Y)Largest decline over 5 years | -54.53% | -28.13% | -26.40% |
Max Drawdown (10Y)Largest decline over 10 years | -80.47% | -83.97% | +3.50% |
Current DrawdownCurrent decline from peak | -37.62% | -6.90% | -30.72% |
Average DrawdownAverage peak-to-trough decline | -42.55% | -44.63% | +2.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.85% | 5.15% | +12.70% |
Volatility
KNT.TO vs. ^TNX - Volatility Comparison
K92 Mining Inc. (KNT.TO) has a higher volatility of 13.41% compared to Cboe 10-Year Treasury Note Yield Index (^TNX) at 4.38%. 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.
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Volatility by Period
| KNT.TO | ^TNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.41% | 4.38% | +9.03% |
Volatility (6M)Calculated over the trailing 6-month period | 41.20% | 11.80% | +29.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.10% | 15.46% | +36.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.25% | 32.06% | +17.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.06% | 48.34% | +8.72% |
Frequently Asked Questions
KNT.TO and ^TNX have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for KNT.TO and ^TNX
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