RGLD vs. PAYS
RGLD (Royal Gold, Inc.) and PAYS (PaySign, Inc.) are both stocks. RGLD operates in Gold (Basic Materials), while PAYS operates in Software - Infrastructure (Technology). Over the past 10 years, RGLD returned 13.61%/yr vs 43.04%/yr for PAYS. At a 0.06 correlation, their price movements are largely independent.
Performance
RGLD vs. PAYS - Performance Comparison
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Returns By Period
In the year-to-date period, RGLD achieves a -6.25% return, which is significantly lower than PAYS's 35.73% return. Over the past 10 years, RGLD has underperformed PAYS with an annualized return of 13.61%, while PAYS has yielded a comparatively higher 43.04% annualized return.
RGLD
- 1D
- 1.47%
- 1M
- -15.27%
- YTD
- -6.25%
- 6M
- -4.74%
- 1Y
- 16.96%
- 3Y*
- 21.73%
- 5Y*
- 12.37%
- 10Y*
- 13.61%
PAYS
- 1D
- 4.48%
- 1M
- 19.90%
- YTD
- 35.73%
- 6M
- 27.32%
- 1Y
- 38.42%
- 3Y*
- 39.77%
- 5Y*
- 14.13%
- 10Y*
- 43.04%
RGLD vs. PAYS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RGLD Royal Gold, Inc. | -6.25% | 70.43% | 10.39% | 8.70% | 8.51% | 0.04% | -12.13% | 44.27% | 5.53% | 31.32% |
PAYS PaySign, Inc. | 35.73% | 70.53% | 7.86% | 8.53% | 61.25% | -65.52% | -54.29% | 188.35% | 382.19% | 118.56% |
Correlation
The correlation between RGLD and PAYS is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Oct 10, 2007 | 0.06 |
The correlation between RGLD and PAYS shifts across timeframes, from 0.06 (all time) to 0.16 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
RGLD:
$17.65B
PAYS:
$426.54M
RGLD:
$8.53
PAYS:
$0.17
RGLD:
24.34
PAYS:
40.69
RGLD:
1.66
PAYS:
0.34
RGLD:
11.81
PAYS:
4.63
RGLD:
2.38
PAYS:
7.75
RGLD:
$1.31B
PAYS:
$91.47M
RGLD:
$579.68M
PAYS:
$46.93M
RGLD:
$949.59M
PAYS:
$22.09M
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Return for Risk
RGLD vs. PAYS — Risk / Return Rank
RGLD
PAYS
RGLD vs. PAYS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Royal Gold, Inc. (RGLD) and PaySign, Inc. (PAYS). 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.
| RGLD | PAYS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.17 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.48 | 0.61 | -0.13 |
| Martin ratioReturn relative to average drawdown | 1.27 | 1.04 | +0.24 |
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Drawdowns
RGLD vs. PAYS - Drawdown Comparison
The maximum RGLD drawdown since its inception was -98.29%, roughly equal to the maximum PAYS drawdown of -98.95%. Use the drawdown chart below to compare losses from any high point for RGLD and PAYS.
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Drawdown Indicators
| RGLD | PAYS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.29% | -98.95% | +0.66% |
Max Drawdown (1Y)Largest decline over 1 year | -35.12% | -62.85% | +27.73% |
Max Drawdown (3Y)Largest decline over 3 years | -35.12% | -64.60% | +29.48% |
Max Drawdown (5Y)Largest decline over 5 years | -40.73% | -64.77% | +24.04% |
Max Drawdown (10Y)Largest decline over 10 years | -49.55% | -93.09% | +43.54% |
Current DrawdownCurrent decline from peak | -31.66% | -61.06% | +29.40% |
Average DrawdownAverage peak-to-trough decline | -29.82% | -69.37% | +39.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.34% | 37.19% | -23.85% |
Volatility
RGLD vs. PAYS - Volatility Comparison
The current volatility for Royal Gold, Inc. (RGLD) is 12.33%, while PaySign, Inc. (PAYS) has a volatility of 17.34%. This indicates that RGLD experiences smaller price fluctuations and is considered to be less risky than PAYS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RGLD | PAYS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.33% | 17.34% | -5.01% |
Volatility (6M)Calculated over the trailing 6-month period | 32.22% | 51.60% | -19.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.34% | 72.57% | -33.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.58% | 67.43% | -35.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.66% | 76.01% | -42.35% |
Dividends
RGLD vs. PAYS - Dividend Comparison
RGLD's dividend yield for the trailing twelve months is around 0.89%, while PAYS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAYS PaySign, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RGLD Royal Gold, Inc. | 0.89% | 0.81% | 1.21% | 1.24% | 1.24% | 1.14% | 1.05% | 0.87% | 1.17% | 1.17% | 1.45% | 1.81% |
Financials
RGLD vs. PAYS - Financials Comparison
This section allows you to compare key financial metrics between Royal Gold, Inc. and PaySign, Inc.. 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
RGLD vs. PAYS - Profitability Comparison
RGLD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Royal Gold, Inc. reported a gross profit of 0.00 and revenue of 469.13M. Therefore, the gross margin over that period was 0.0%.
PAYS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PaySign, Inc. reported a gross profit of 18.22M and revenue of 28.04M. Therefore, the gross margin over that period was 65.0%.
RGLD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Royal Gold, Inc. reported an operating income of 297.09M and revenue of 469.13M, resulting in an operating margin of 63.3%.
PAYS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PaySign, Inc. reported an operating income of 6.67M and revenue of 28.04M, resulting in an operating margin of 23.8%.
RGLD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Royal Gold, Inc. reported a net income of 281.13M and revenue of 469.13M, resulting in a net margin of 59.9%.
PAYS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PaySign, Inc. reported a net income of 5.44M and revenue of 28.04M, resulting in a net margin of 19.4%.
Frequently Asked Questions
RGLD and PAYS have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PAYS has higher volatility (17.34%) compared to RGLD (12.33%). In terms of maximum drawdown, RGLD dropped -98.29% vs PAYS's -98.95%.
PAYS currently has the higher Sharpe Ratio (0.53 vs 0.43), 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.
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