OGC.TO vs. GFI
OGC.TO (OceanaGold Corporation) and GFI (Gold Fields Limited) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, OGC.TO returned 8.68%/yr vs 23.83%/yr for GFI. At a 0.49 correlation, their price movements are largely independent.
Performance
OGC.TO vs. GFI - Performance Comparison
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Different Trading Currencies
OGC.TO is traded in CAD, while GFI is traded in USD. To make them comparable, the GFI values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, OGC.TO achieves a -9.52% return, which is significantly higher than GFI's -16.78% return. Over the past 10 years, OGC.TO has underperformed GFI with an annualized return of 8.68%, while GFI has yielded a comparatively higher 23.83% annualized return.
OGC.TO
- 1D
- -0.65%
- 1M
- -0.51%
- 6M
- -16.65%
- YTD
- -9.52%
- 1Y
- 80.78%
- 3Y*
- 65.79%
- 5Y*
- 38.13%
- 10Y*
- 8.68%
GFI
- 1D
- 0.26%
- 1M
- -3.43%
- 6M
- -21.45%
- YTD
- -16.78%
- 1Y
- 52.48%
- 3Y*
- 43.10%
- 5Y*
- 38.02%
- 10Y*
- 23.83%
OGC.TO vs. GFI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OGC.TO OceanaGold Corporation | -9.52% | 227.48% | 57.16% | -1.22% | 17.27% | -10.57% | -3.53% | -48.74% | 54.71% | -17.19% |
GFI Gold Fields Limited | -16.78% | 224.88% | 1.67% | 41.45% | 3.56% | 23.27% | 39.63% | 81.66% | -9.75% | 35.46% |
Correlation
The correlation between OGC.TO and GFI is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Aug 24, 2007 | 0.49 |
Over the past year, OGC.TO and GFI have become more correlated (0.70) than their long-term average of 0.49, meaning their price movements have been converging.
Fundamentals
OGC.TO:
CA$7.83B
GFI:
$30.56B
OGC.TO:
$1.94
GFI:
$5.39
OGC.TO:
12.74
GFI:
6.33
OGC.TO:
0.03
GFI:
0.10
OGC.TO:
4.30
GFI:
2.18
OGC.TO:
2.34
GFI:
3.62
OGC.TO:
$2.25B
GFI:
$13.98B
OGC.TO:
$1.24B
GFI:
$7.34B
OGC.TO:
$1.22B
GFI:
$8.04B
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Return for Risk
OGC.TO vs. GFI — Risk / Return Rank
OGC.TO
GFI
OGC.TO vs. GFI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for OceanaGold Corporation (OGC.TO) and Gold Fields Limited (GFI). 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.
| OGC.TO | GFI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.72 | ||
| Sortino ratioReturn per unit of downside risk | +0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.19 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.98 | 1.22 | +0.76 |
| Martin ratioReturn relative to average drawdown | 4.65 | 2.80 | +1.85 |
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Drawdowns
OGC.TO vs. GFI - Drawdown Comparison
The maximum OGC.TO drawdown since its inception was -96.53%, which is greater than GFI's maximum drawdown of -84.25%. Use the drawdown chart below to compare losses from any high point for OGC.TO and GFI.
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Drawdown Indicators
| OGC.TO | GFI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.53% | -84.25% | -12.28% |
Max Drawdown (1Y)Largest decline over 1 year | -42.13% | -44.24% | +2.11% |
Max Drawdown (3Y)Largest decline over 3 years | -42.13% | -44.24% | +2.11% |
Max Drawdown (5Y)Largest decline over 5 years | -46.87% | -53.92% | +7.05% |
Max Drawdown (10Y)Largest decline over 10 years | -76.17% | -62.96% | -13.21% |
Current DrawdownCurrent decline from peak | -39.54% | -40.48% | +0.94% |
Average DrawdownAverage peak-to-trough decline | -40.05% | -40.22% | +0.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.88% | 19.17% | -1.29% |
Volatility
OGC.TO vs. GFI - Volatility Comparison
The current volatility for OceanaGold Corporation (OGC.TO) is 15.11%, while Gold Fields Limited (GFI) has a volatility of 19.48%. This indicates that OGC.TO experiences smaller price fluctuations and is considered to be less risky than GFI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OGC.TO | GFI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.11% | 19.48% | -4.37% |
Volatility (6M)Calculated over the trailing 6-month period | 42.03% | 47.53% | -5.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.98% | 61.03% | -9.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.00% | 53.23% | -3.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.57% | 55.13% | -2.56% |
Dividends
OGC.TO vs. GFI - Dividend Comparison
OGC.TO's dividend yield for the trailing twelve months is around 0.94%, less than GFI's 5.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GFI Gold Fields Limited | 5.39% | 1.77% | 2.94% | 2.87% | 3.40% | 3.24% | 1.72% | 0.81% | 1.61% | 1.41% | 1.35% | 0.60% |
OGC.TO OceanaGold Corporation | 0.94% | 0.29% | 0.23% | 0.36% | 0.00% | 0.00% | 0.00% | 0.18% | 0.26% | 0.27% | 0.46% | 0.63% |
Financials
OGC.TO vs. GFI - Financials Comparison
This section allows you to compare key financial metrics between OceanaGold Corporation and Gold Fields Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
OGC.TO vs. GFI - Profitability Comparison
OGC.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, OceanaGold Corporation reported a gross profit of 397.08M and revenue of 702.79M. Therefore, the gross margin over that period was 56.5%.
GFI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Gold Fields Limited reported a gross profit of 3.00B and revenue of 5.29B. Therefore, the gross margin over that period was 56.7%.
OGC.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, OceanaGold Corporation reported an operating income of 330.79M and revenue of 702.79M, resulting in an operating margin of 47.1%.
GFI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Gold Fields Limited reported an operating income of 2.71B and revenue of 5.29B, resulting in an operating margin of 51.3%.
OGC.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, OceanaGold Corporation reported a net income of 224.66M and revenue of 702.79M, resulting in a net margin of 32.0%.
GFI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Gold Fields Limited reported a net income of 2.55B and revenue of 5.29B, resulting in a net margin of 48.2%.
Frequently Asked Questions
OGC.TO and GFI have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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