OR vs. GCT

Last updated Jul 11, 2026

OR (Osisko Gold Royalties Ltd) and GCT (GigaCloud Technology Inc) are both stocks. OR operates in Gold (Basic Materials), while GCT operates in Software - Infrastructure (Technology). Over the past 3 years, OR returned 28.20%/yr vs 69.39%/yr for GCT. At a 0.11 correlation, their price movements are largely independent.

Performance

OR vs. GCT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Osisko Gold Royalties Ltd (OR) and GigaCloud Technology Inc (GCT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OR achieves a -16.97% return, which is significantly lower than GCT's -12.40% return.

OR

• 1D: -1.58%
• 1M: -10.39%
• 6M: -23.87%
• YTD: -16.97%
• 1Y: 5.75%
• 3Y*: 28.20%
• 5Y*: 18.38%
• 10Y*: 9.90%

GCT

• 1D: -1.21%
• 1M: 2.87%
• 6M: -17.68%
• YTD: -12.40%
• 1Y: 65.75%
• 3Y*: 69.39%
• 5Y*: —
• 10Y*: —

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

OR vs. GCT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
OR Osisko Gold Royalties Ltd	-16.97%	96.95%	28.14%	19.96%	20.65%
GCT GigaCloud Technology Inc	-12.40%	112.10%	1.23%	221.53%	-70.36%

Correlation

The correlation between OR and GCT is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (All Time) Calculated using the full available price history since Aug 18, 2022	0.11

The correlation between OR and GCT shifts across timeframes, from 0.11 (all time) to 0.24 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap OR : $5.49B GCT : $1.28B
EPS OR : $1.34 GCT : $3.95
PE Ratio OR : 21.81 GCT : 8.71
PEG Ratio OR : 0.12 GCT : 0.11
PS Ratio OR : 17.03 GCT : 0.94
PB Ratio OR : 3.74 GCT : 2.48
Total Revenue (TTM) OR : $325.18M GCT : $1.38B
Gross Profit (TTM) OR : $275.03M GCT : $322.79M
EBITDA (TTM) OR : $330.83M GCT : $177.88M

Return for Risk

OR vs. GCT — Risk / Return Rank

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

OR

OR Risk / Return Rank: 52
OR Sharpe Ratio Rank: 53
OR Sortino Ratio Rank: 49
OR Omega Ratio Rank: 50
OR Calmar Ratio Rank: 52
OR Martin Ratio Rank: 53

GCT

GCT Risk / Return Rank: 74
GCT Sharpe Ratio Rank: 71
GCT Sortino Ratio Rank: 78
GCT Omega Ratio Rank: 73
GCT Calmar Ratio Rank: 75
GCT Martin Ratio Rank: 74

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.

OR vs. GCT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Osisko Gold Royalties Ltd (OR) and GigaCloud Technology Inc (GCT). 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.

	OR	GCT	Difference
Sharpe ratio: Return per unit of total volatility	0.22	0.80	-0.59
Sortino ratio: Return per unit of downside risk	0.58	1.92	-1.34
Omega ratio: Gain probability vs. loss probability	1.08	1.21	-0.14
Calmar ratio: Return relative to maximum drawdown	0.26	1.59	-1.33
Martin ratio: Return relative to average drawdown	0.60	3.72	-3.12

OR vs. GCT - Sharpe Ratio Comparison

The current OR Sharpe Ratio is 0.22, which is lower than the GCT Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of OR and GCT, 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

OR vs. GCT - Drawdown Comparison

The maximum OR drawdown since its inception was -61.90%, smaller than the maximum GCT drawdown of -91.11%. Use the drawdown chart below to compare losses from any high point for OR and GCT.

Drawdown Indicators

	OR	GCT	Difference
Max Drawdown Largest peak-to-trough decline	-61.90%	-91.11%	+29.21%
Max Drawdown (1Y) Largest decline over 1 year	-38.54%	-39.13%	+0.59%
Max Drawdown (3Y) Largest decline over 3 years	-38.54%	-73.16%	+34.62%
Max Drawdown (5Y) Largest decline over 5 years	-38.54%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-61.90%	—	—
Current Drawdown Current decline from peak	-38.43%	-33.57%	-4.86%
Average Drawdown Average peak-to-trough decline	-18.16%	-55.65%	+37.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.70%	16.75%	-0.05%

Volatility

OR vs. GCT - Volatility Comparison

Osisko Gold Royalties Ltd (OR) has a higher volatility of 13.74% compared to GigaCloud Technology Inc (GCT) at 12.16%. This indicates that OR's price experiences larger fluctuations and is considered to be riskier than GCT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OR	GCT	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.74%	12.16%	+1.58%
Volatility (6M) Calculated over the trailing 6-month period	38.47%	50.94%	-12.47%
Volatility (1Y) Calculated over the trailing 1-year period	45.74%	77.57%	-31.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.04%	143.64%	-107.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.60%	143.64%	-105.04%

Dividends

OR vs. GCT - Dividend Comparison

OR's dividend yield for the trailing twelve months is around 0.79%, while GCT has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
GCT GigaCloud Technology Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
OR Osisko Gold Royalties Ltd	0.79%	0.59%	1.02%	1.34%	1.38%	1.37%	1.18%	1.56%	1.72%	1.56%	1.65%

Financials

OR vs. GCT - Profitability Comparison

The chart below illustrates the profitability comparison between Osisko Gold Royalties Ltd and GigaCloud Technology Inc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

OR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Osisko Gold Royalties Ltd reported a gross profit of 87.28M and revenue of 101.41M. Therefore, the gross margin over that period was 86.1%.

GCT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, GigaCloud Technology Inc reported a gross profit of 85.85M and revenue of 359.49M. Therefore, the gross margin over that period was 23.9%.

OR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Osisko Gold Royalties Ltd reported an operating income of 79.13M and revenue of 101.41M, resulting in an operating margin of 78.0%.

GCT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, GigaCloud Technology Inc reported an operating income of 42.48M and revenue of 359.49M, resulting in an operating margin of 11.8%.

OR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Osisko Gold Royalties Ltd reported a net income of 72.56M and revenue of 101.41M, resulting in a net margin of 71.6%.

GCT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, GigaCloud Technology Inc reported a net income of 38.12M and revenue of 359.49M, resulting in a net margin of 10.6%.

Frequently Asked Questions

Can I hold both OR and GCT in my portfolio?

OR and GCT 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.

Which is riskier, OR or GCT?

OR has higher volatility (13.74%) compared to GCT (12.16%). In terms of maximum drawdown, OR dropped -61.90% vs GCT's -91.11%.

Which has better risk-adjusted returns?

GCT currently has the higher Sharpe Ratio (0.80 vs 0.22), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.