PZG vs. AYTU

Last updated Jun 9, 2026

PZG (Paramount Gold Nevada Corp.) and AYTU (Aytu BioPharma, Inc.) are both stocks. PZG operates in Gold (Basic Materials), while AYTU operates in Drug Manufacturers - Specialty & Generic (Healthcare). Over the past 5 years, PZG returned 2.58%/yr vs -53.73%/yr for AYTU. At a 0.09 correlation, their price movements are largely independent.

Performance

PZG vs. AYTU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Paramount Gold Nevada Corp. (PZG) and Aytu BioPharma, Inc. (AYTU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PZG achieves a -7.14% return, which is significantly higher than AYTU's -11.92% return.

PZG

• 1D: -1.68%
• 1M: -18.75%
• YTD: -7.14%
• 6M: 1.74%
• 1Y: 103.90%
• 3Y*: 59.19%
• 5Y*: 2.58%
• 10Y*: -3.20%

AYTU

• 1D: 1.78%
• 1M: -8.40%
• YTD: -11.92%
• 6M: 2.23%
• 1Y: 14.50%
• 3Y*: 12.70%
• 5Y*: -53.73%
• 10Y*: —

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

PZG vs. AYTU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PZG Paramount Gold Nevada Corp.	-7.14%	268.42%	-8.80%	8.70%	-50.62%	-40.29%	51.28%	-6.82%	-36.15%	-26.97%
AYTU Aytu BioPharma, Inc.	-11.92%	52.94%	-40.14%	-24.87%	-86.00%	-77.42%	-38.35%	22.41%	-98.22%	-88.85%

Correlation

The correlation between PZG and AYTU is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (All Time) Calculated using the full available price history since Feb 2, 2017	0.09

Fundamentals

Market Cap PZG : $97.27M AYTU : $24.07M
EPS PZG : -$0.09 AYTU : -$2.91
PB Ratio PZG : 2.75 AYTU : 0.68
Total Revenue (TTM) PZG : $0.00 AYTU : $56.60M
Gross Profit (TTM) PZG : -$892.14K AYTU : $36.14M
EBITDA (TTM) PZG : -$11.01M AYTU : -$27.34M

Return for Risk

PZG vs. AYTU — Risk / Return Rank

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

PZG

PZG Risk / Return Rank: 77
PZG Sharpe Ratio Rank: 82
PZG Sortino Ratio Rank: 80
PZG Omega Ratio Rank: 76
PZG Calmar Ratio Rank: 74
PZG Martin Ratio Rank: 75

AYTU

AYTU Risk / Return Rank: 51
AYTU Sharpe Ratio Rank: 52
AYTU Sortino Ratio Rank: 49
AYTU Omega Ratio Rank: 49
AYTU Calmar Ratio Rank: 52
AYTU Martin Ratio Rank: 53

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.

PZG vs. AYTU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Paramount Gold Nevada Corp. (PZG) and Aytu BioPharma, Inc. (AYTU). 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.

	PZG	AYTU	Difference
Sharpe ratio: Return per unit of total volatility	1.44	0.27	+1.17
Sortino ratio: Return per unit of downside risk	2.23	0.75	+1.48
Omega ratio: Gain probability vs. loss probability	1.26	1.10	+0.16
Calmar ratio: Return relative to maximum drawdown	1.86	0.41	+1.45
Martin ratio: Return relative to average drawdown	4.65	0.97	+3.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PZG vs. AYTU - Sharpe Ratio Comparison

The current PZG Sharpe Ratio is 1.44, which is higher than the AYTU Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of PZG and AYTU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PZG	AYTU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.44	0.27	+1.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.04	-0.63	+0.67
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.05	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.09	-0.36	+0.27

Drawdowns

PZG vs. AYTU - Drawdown Comparison

The maximum PZG drawdown since its inception was -93.81%, smaller than the maximum AYTU drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for PZG and AYTU.

Drawdown Indicators

	PZG	AYTU	Difference
Max Drawdown Largest peak-to-trough decline	-93.81%	-100.00%	+6.19%
Max Drawdown (1Y) Largest decline over 1 year	-56.18%	-35.47%	-20.71%
Max Drawdown (3Y) Largest decline over 3 years	-56.18%	-70.24%	+14.06%
Max Drawdown (5Y) Largest decline over 5 years	-74.05%	-99.12%	+25.07%
Max Drawdown (10Y) Largest decline over 10 years	-90.14%	—	—
Current Drawdown Current decline from peak	-73.53%	-100.00%	+26.47%
Average Drawdown Average peak-to-trough decline	-68.57%	-95.15%	+26.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.43%	14.92%	+7.51%

Volatility

PZG vs. AYTU - Volatility Comparison

Paramount Gold Nevada Corp. (PZG) has a higher volatility of 19.29% compared to Aytu BioPharma, Inc. (AYTU) at 14.09%. This indicates that PZG's price experiences larger fluctuations and is considered to be riskier than AYTU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PZG	AYTU	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.29%	14.09%	+5.20%
Volatility (6M) Calculated over the trailing 6-month period	58.36%	33.39%	+24.97%
Volatility (1Y) Calculated over the trailing 1-year period	72.88%	55.06%	+17.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.90%	85.66%	-22.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.72%	188.20%	-127.48%

Dividends

PZG vs. AYTU - Dividend Comparison

Neither PZG nor AYTU has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both PZG and AYTU in my portfolio?

PZG and AYTU have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PZG or AYTU?

PZG has higher volatility (19.29%) compared to AYTU (14.09%). In terms of maximum drawdown, PZG dropped -93.81% vs AYTU's -100.00%.

Which has better risk-adjusted returns?

PZG currently has the higher Sharpe Ratio (1.44 vs 0.27), 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.