LUG.TO vs. SMMT

Last updated Jul 25, 2026

LUG.TO (Lundin Gold Inc.) and SMMT (Summit Therapeutics Inc.) are both stocks. LUG.TO operates in Gold (Basic Materials), while SMMT operates in Biotechnology (Healthcare). Over the past 10 years, LUG.TO returned 33.87%/yr vs 7.37%/yr for SMMT. At a 0.05 correlation, their price movements are largely independent.

Performance

LUG.TO vs. SMMT - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Lundin Gold Inc. (LUG.TO) and Summit Therapeutics Inc. (SMMT). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, LUG.TO achieves a -23.93% return, which is significantly lower than SMMT's -19.63% return. Over the past 10 years, LUG.TO has outperformed SMMT with an annualized return of 33.87%, while SMMT has yielded a comparatively lower 7.37% annualized return.

LUG.TO

• 1D: 0.46%
• 1M: 6.19%
• 6M: -28.27%
• YTD: -23.93%
• 1Y: 38.99%
• 3Y*: 72.82%
• 5Y*: 57.97%
• 10Y*: 33.87%
• ALL TIME*: 9.02%

SMMT

• 1D: -8.77%
• 1M: -4.93%
• 6M: -15.31%
• YTD: -19.63%
• 1Y: -48.67%
• 3Y*: 93.72%
• 5Y*: 13.88%
• 10Y*: 7.37%
• ALL TIME*: 3.90%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
LUG.TO Lundin Gold Inc.	CA$38.15M	CA$40.02M	CA$56.19M
SMMT Summit Therapeutics Inc.	CA$76.30M	CA$82.63M	CA$113.65M

LUG.TO vs. SMMT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LUG.TO Lundin Gold Inc.	-23.93%	291.22%	91.60%	29.55%	30.60%	-4.67%	31.21%	66.93%	10.15%	-13.88%
SMMT Summit Therapeutics Inc.	-19.63%	-6.46%	641.61%	-40.05%	68.00%	-42.79%	186.78%	33.40%	-88.75%	20.67%

Correlation

The correlation between LUG.TO and SMMT is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (10Y) Calculated over the trailing 10-year period	0.07
Correlation (All Time) Calculated using the full available price history since Mar 5, 2015	0.05

The correlation between LUG.TO and SMMT shifts across timeframes, from 0.05 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap LUG.TO : CA$19.20B SMMT : $10.60B
EPS LUG.TO : $3.76 SMMT : -$1.12
PB Ratio LUG.TO : 10.05 SMMT : 16.87
Total Revenue (TTM) LUG.TO : $2.00B SMMT : $0.00
Gross Profit (TTM) LUG.TO : $1.41B SMMT : $0.00
EBITDA (TTM) LUG.TO : $1.43B SMMT : -$640.21M

Return for Risk

LUG.TO vs. SMMT — Risk / Return Rank

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

LUG.TO

LUG.TO Risk / Return Rank: 68
LUG.TO Sharpe Ratio Rank: 70
LUG.TO Sortino Ratio Rank: 66
LUG.TO Omega Ratio Rank: 65
LUG.TO Calmar Ratio Rank: 69
LUG.TO Martin Ratio Rank: 68

SMMT

SMMT Risk / Return Rank: 15
SMMT Sharpe Ratio Rank: 16
SMMT Sortino Ratio Rank: 19
SMMT Omega Ratio Rank: 18
SMMT Calmar Ratio Rank: 8
SMMT Martin Ratio Rank: 13

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.

LUG.TO vs. SMMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lundin Gold Inc. (LUG.TO) and Summit Therapeutics Inc. (SMMT). 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.

	LUG.TO	SMMT	Difference
Sharpe ratio: Return per unit of total volatility	0.70	-0.66	+1.36
Sortino ratio: Return per unit of downside risk	1.22	-0.69	+1.91
Omega ratio: Gain probability vs. loss probability	1.15	0.91	+0.25
Calmar ratio: Return relative to maximum drawdown	1.03	-0.89	+1.92
Martin ratio: Return relative to average drawdown	2.19	-1.27	+3.46

LUG.TO vs. SMMT - Sharpe Ratio Comparison

The current LUG.TO Sharpe Ratio is 0.70, which is higher than the SMMT Sharpe Ratio of -0.66. The chart below compares the historical Sharpe Ratios of LUG.TO and SMMT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LUG.TO vs. SMMT - Drawdown Comparison

The maximum LUG.TO drawdown since its inception was -94.74%, roughly equal to the maximum SMMT drawdown of -95.31%. Use the drawdown chart below to compare losses from any high point for LUG.TO and SMMT.

Drawdown Indicators

	LUG.TO	SMMT	Difference
Max Drawdown Largest peak-to-trough decline	-94.74%	-95.31%	+0.57%
Max Drawdown (1Y) Largest decline over 1 year	-37.88%	-54.92%	+17.04%
Max Drawdown (3Y) Largest decline over 3 years	-37.88%	-64.24%	+26.36%
Max Drawdown (5Y) Largest decline over 5 years	-37.88%	-91.30%	+53.42%
Max Drawdown (10Y) Largest decline over 10 years	-41.84%	-95.31%	+53.47%
Current Drawdown Current decline from peak	-32.54%	-62.19%	+29.65%
Average Drawdown Average peak-to-trough decline	-67.68%	-56.17%	-11.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.87%	38.43%	-20.56%

Volatility

LUG.TO vs. SMMT - Volatility Comparison

The current volatility for Lundin Gold Inc. (LUG.TO) is 12.47%, while Summit Therapeutics Inc. (SMMT) has a volatility of 18.84%. This indicates that LUG.TO experiences smaller price fluctuations and is considered to be less risky than SMMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LUG.TO	SMMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.47%	18.84%	-6.37%
Volatility (6M) Calculated over the trailing 6-month period	43.59%	56.44%	-12.85%
Volatility (1Y) Calculated over the trailing 1-year period	56.18%	73.57%	-17.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.49%	186.52%	-140.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.56%	145.43%	-101.87%

Dividends

LUG.TO vs. SMMT - Dividend Comparison

LUG.TO's dividend yield for the trailing twelve months is around 6.58%, while SMMT has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
LUG.TO Lundin Gold Inc.	6.58%	3.35%	2.69%	3.26%	1.97%
SMMT Summit Therapeutics Inc.	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both LUG.TO and SMMT in my portfolio?

LUG.TO and SMMT have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.