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OLA.TO vs. GOLDX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between OLA.TO and GOLDX is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.2

Performance

OLA.TO vs. GOLDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Orla Mining Ltd. (OLA.TO) and Gabelli Gold Fund (GOLDX). The values are adjusted to include any dividend payments, if applicable.

0.00%2,000.00%4,000.00%6,000.00%8,000.00%NovemberDecember2025FebruaryMarchApril
7,187.15%
74.07%
OLA.TO
GOLDX

Key characteristics

Sharpe Ratio

OLA.TO:

3.60

GOLDX:

2.09

Sortino Ratio

OLA.TO:

3.76

GOLDX:

2.65

Omega Ratio

OLA.TO:

1.48

GOLDX:

1.37

Calmar Ratio

OLA.TO:

5.02

GOLDX:

1.73

Martin Ratio

OLA.TO:

22.71

GOLDX:

8.06

Ulcer Index

OLA.TO:

7.69%

GOLDX:

7.57%

Daily Std Dev

OLA.TO:

48.50%

GOLDX:

29.27%

Max Drawdown

OLA.TO:

-97.30%

GOLDX:

-73.86%

Current Drawdown

OLA.TO:

-5.77%

GOLDX:

-4.16%

Returns By Period

In the year-to-date period, OLA.TO achieves a 88.69% return, which is significantly higher than GOLDX's 46.21% return. Over the past 10 years, OLA.TO has outperformed GOLDX with an annualized return of 84.70%, while GOLDX has yielded a comparatively lower 11.30% annualized return.


OLA.TO

YTD

88.69%

1M

15.27%

6M

111.25%

1Y

175.60%

5Y*

37.23%

10Y*

84.70%

GOLDX

YTD

46.21%

1M

12.39%

6M

22.69%

1Y

59.30%

5Y*

10.55%

10Y*

11.30%

*Annualized

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Risk-Adjusted Performance

OLA.TO vs. GOLDX — Risk-Adjusted Performance Rank

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

OLA.TO
The Risk-Adjusted Performance Rank of OLA.TO is 9898
Overall Rank
The Sharpe Ratio Rank of OLA.TO is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of OLA.TO is 9797
Sortino Ratio Rank
The Omega Ratio Rank of OLA.TO is 9696
Omega Ratio Rank
The Calmar Ratio Rank of OLA.TO is 9999
Calmar Ratio Rank
The Martin Ratio Rank of OLA.TO is 9999
Martin Ratio Rank

GOLDX
The Risk-Adjusted Performance Rank of GOLDX is 9191
Overall Rank
The Sharpe Ratio Rank of GOLDX is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of GOLDX is 9191
Sortino Ratio Rank
The Omega Ratio Rank of GOLDX is 9090
Omega Ratio Rank
The Calmar Ratio Rank of GOLDX is 9292
Calmar Ratio Rank
The Martin Ratio Rank of GOLDX is 9191
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

OLA.TO vs. GOLDX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Orla Mining Ltd. (OLA.TO) and Gabelli Gold Fund (GOLDX). 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.


The chart of Sharpe ratio for OLA.TO, currently valued at 3.58, compared to the broader market-2.00-1.000.001.002.003.00
OLA.TO: 3.58
GOLDX: 2.06
The chart of Sortino ratio for OLA.TO, currently valued at 3.72, compared to the broader market-6.00-4.00-2.000.002.004.00
OLA.TO: 3.72
GOLDX: 2.64
The chart of Omega ratio for OLA.TO, currently valued at 1.48, compared to the broader market0.501.001.502.00
OLA.TO: 1.48
GOLDX: 1.37
The chart of Calmar ratio for OLA.TO, currently valued at 4.54, compared to the broader market0.001.002.003.004.005.00
OLA.TO: 4.54
GOLDX: 1.69
The chart of Martin ratio for OLA.TO, currently valued at 22.51, compared to the broader market-10.00-5.000.005.0010.0015.0020.00
OLA.TO: 22.51
GOLDX: 7.70

The current OLA.TO Sharpe Ratio is 3.60, which is higher than the GOLDX Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of OLA.TO and GOLDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
3.58
2.06
OLA.TO
GOLDX

Dividends

OLA.TO vs. GOLDX - Dividend Comparison

OLA.TO has not paid dividends to shareholders, while GOLDX's dividend yield for the trailing twelve months is around 1.45%.


TTM202420232022202120202019201820172016
OLA.TO
Orla Mining Ltd.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
GOLDX
Gabelli Gold Fund
1.45%2.11%1.13%0.00%0.00%1.69%0.83%0.34%0.52%2.18%

Drawdowns

OLA.TO vs. GOLDX - Drawdown Comparison

The maximum OLA.TO drawdown since its inception was -97.30%, which is greater than GOLDX's maximum drawdown of -73.86%. Use the drawdown chart below to compare losses from any high point for OLA.TO and GOLDX. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-5.82%
-4.16%
OLA.TO
GOLDX

Volatility

OLA.TO vs. GOLDX - Volatility Comparison

Orla Mining Ltd. (OLA.TO) has a higher volatility of 21.88% compared to Gabelli Gold Fund (GOLDX) at 15.48%. This indicates that OLA.TO's price experiences larger fluctuations and is considered to be riskier than GOLDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
21.88%
15.48%
OLA.TO
GOLDX