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OGC.TO vs. XGD.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

OGC.TO vs. XGD.TO

Last updated Apr 2, 2026

Compare and contrast key facts about OceanaGold Corporation (OGC.TO) and iShares S&P/TSX Global Gold Index ETF (XGD.TO).

XGD.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl Gold GR CAD. It was launched on Mar 23, 2001.

Performance

OGC.TO vs. XGD.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in OceanaGold Corporation (OGC.TO) and iShares S&P/TSX Global Gold Index ETF (XGD.TO). The values are adjusted to include any dividend payments, if applicable.

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OGC.TO vs. XGD.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
OGC.TO
OceanaGold Corporation		17.57%228.81%58.12%-0.52%17.27%-10.57%-3.53%-48.64%55.76%-16.79%
XGD.TO
iShares S&P/TSX Global Gold Index ETF		15.45%144.45%19.63%3.91%-3.10%-5.81%21.10%40.18%-4.10%0.96%

Returns By Period

In the year-to-date period, OGC.TO achieves a 17.57% return, which is significantly higher than XGD.TO's 15.45% return. Over the past 10 years, OGC.TO has underperformed XGD.TO with an annualized return of 16.29%, while XGD.TO has yielded a comparatively higher 18.71% annualized return.

OGC.TO

1D
4.04%
1M
-21.38%
YTD
17.57%
6M
48.19%
1Y
223.41%
3Y*
67.01%
5Y*
52.22%
10Y*
16.29%

XGD.TO

1D
4.02%
1M
-14.46%
YTD
15.45%
6M
27.27%
1Y
107.51%
3Y*
46.66%
5Y*
27.71%
10Y*
18.71%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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OceanaGold Corporation

iShares S&P/TSX Global Gold Index ETF

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Often compared with XGD.TO:
XGD.TO vs. CGL.TOXGD.TO vs. GLDXGD.TO vs. ZGD.TOXGD.TO vs. MNT.TOXGD.TO vs. ZGLD.SWXGD.TO vs. BRK-BXGD.TO vs. XEI.TO

Return for Risk

OGC.TO vs. XGD.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
OGC.TO
OGC.TO Risk / Return Rank: 9797
Overall Rank
OGC.TO Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
OGC.TO Sortino Ratio Rank: 9797
Sortino Ratio Rank
OGC.TO Omega Ratio Rank: 9696
Omega Ratio Rank
OGC.TO Calmar Ratio Rank: 9696
Calmar Ratio Rank
OGC.TO Martin Ratio Rank: 9898
Martin Ratio Rank
XGD.TO
XGD.TO Risk / Return Rank: 9292
Overall Rank
XGD.TO Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
XGD.TO Sortino Ratio Rank: 9191
Sortino Ratio Rank
XGD.TO Omega Ratio Rank: 9191
Omega Ratio Rank
XGD.TO Calmar Ratio Rank: 9393
Calmar Ratio Rank
XGD.TO Martin Ratio Rank: 9292
Martin Ratio Rank
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.

OGC.TO vs. XGD.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for OceanaGold Corporation (OGC.TO) and iShares S&P/TSX Global Gold Index ETF (XGD.TO). 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.

OGC.TOXGD.TODifference

Sharpe ratio

Return per unit of total volatility

4.46

2.50

+1.96

Sortino ratio

Return per unit of downside risk

3.93

2.68

+1.25

Omega ratio

Gain probability vs. loss probability

1.56

1.40

+0.16

Calmar ratio

Return relative to maximum drawdown

6.94

3.69

+3.25

Martin ratio

Return relative to average drawdown

25.07

13.40

+11.67

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OGC.TO vs. XGD.TO - Sharpe Ratio Comparison

The current OGC.TO Sharpe Ratio is 4.46, which is higher than the XGD.TO Sharpe Ratio of 2.50. The chart below compares the historical Sharpe Ratios of OGC.TO and XGD.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

OGC.TOXGD.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

4.46

2.50

+1.96

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.06

0.87

+0.18

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.31

0.56

-0.25

Sharpe Ratio (All Time)

Calculated using the full available price history

0.00

0.27

-0.27

Correlation

The correlation between OGC.TO and XGD.TO is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

OGC.TO vs. XGD.TO - Dividend Comparison

OGC.TO's dividend yield for the trailing twelve months is around 0.55%, more than XGD.TO's 0.54% yield.

TTM20252024202320222021202020192018201720162015
OGC.TO
OceanaGold Corporation		0.55%0.43%0.68%1.10%0.00%0.00%0.00%0.51%0.78%0.80%1.38%1.89%
XGD.TO
iShares S&P/TSX Global Gold Index ETF		0.54%0.62%0.93%1.49%1.80%1.38%0.35%0.54%0.25%0.14%0.09%0.57%

Drawdowns

OGC.TO vs. XGD.TO - Drawdown Comparison

The maximum OGC.TO drawdown since its inception was -95.74%, which is greater than XGD.TO's maximum drawdown of -72.55%. Use the drawdown chart below to compare losses from any high point for OGC.TO and XGD.TO.

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Drawdown Indicators

OGC.TOXGD.TODifference

Max Drawdown

Largest peak-to-trough decline

-95.74%

-72.55%

-23.19%

Max Drawdown (1Y)

Largest decline over 1 year

-31.60%

-28.95%

-2.65%

Max Drawdown (5Y)

Largest decline over 5 years

-46.87%

-40.82%

-6.05%

Max Drawdown (10Y)

Largest decline over 10 years

-77.77%

-46.96%

-30.81%

Current Drawdown

Current decline from peak

-21.45%

-14.53%

-6.92%

Average Drawdown

Average peak-to-trough decline

-38.24%

-28.37%

-9.87%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.75%

7.98%

+0.77%

Volatility

OGC.TO vs. XGD.TO - Volatility Comparison

OceanaGold Corporation (OGC.TO) and iShares S&P/TSX Global Gold Index ETF (XGD.TO) have volatilities of 15.74% and 15.73%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

OGC.TOXGD.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

15.74%

15.73%

+0.01%

Volatility (6M)

Calculated over the trailing 6-month period

40.69%

35.83%

+4.86%

Volatility (1Y)

Calculated over the trailing 1-year period

50.47%

43.23%

+7.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

49.80%

32.00%

+17.80%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

52.74%

33.60%

+19.14%