SA vs. USAU
SA (Seabridge Gold Inc.) and USAU (U.S. Gold Corp.) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, SA returned 7.38%/yr vs -15.82%/yr for USAU. At a 0.17 correlation, their price movements are largely independent.
Performance
SA vs. USAU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SA achieves a -0.81% return, which is significantly higher than USAU's -19.32% return. Over the past 10 years, SA has outperformed USAU with an annualized return of 7.38%, while USAU has yielded a comparatively lower -15.82% annualized return.
SA
- 1D
- -1.01%
- 1M
- -1.94%
- YTD
- -0.81%
- 6M
- -5.11%
- 1Y
- 101.58%
- 3Y*
- 34.55%
- 5Y*
- 10.24%
- 10Y*
- 7.38%
USAU
- 1D
- -1.20%
- 1M
- 1.16%
- YTD
- -19.32%
- 6M
- -23.83%
- 1Y
- 28.26%
- 3Y*
- 53.97%
- 5Y*
- 7.48%
- 10Y*
- -15.82%
SA vs. USAU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SA Seabridge Gold Inc. | -0.81% | 159.33% | -5.94% | -3.58% | -23.71% | -21.74% | 52.46% | 4.46% | 17.08% | 38.65% |
USAU U.S. Gold Corp. | -19.32% | 216.64% | 44.24% | -11.46% | -46.49% | -45.80% | 104.32% | -10.00% | -44.79% | -81.48% |
Correlation
The correlation between SA and USAU is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Apr 20, 2004 | 0.17 |
Over the past year, SA and USAU have become more correlated (0.61) than their long-term average of 0.17, meaning their price movements have been converging.
Fundamentals
SA:
$3.14B
USAU:
$239.04M
SA:
-CA$0.68
USAU:
-$1.35
SA:
3.69
USAU:
4.55
SA:
CA$0.00
USAU:
$0.00
SA:
-CA$90.03K
USAU:
-$101.52K
SA:
-CA$31.30M
USAU:
-$15.07M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SA vs. USAU — Risk / Return Rank
SA
USAU
SA vs. USAU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Seabridge Gold Inc. (SA) and U.S. Gold Corp. (USAU). 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.
| SA | USAU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.13 | ||
| Sortino ratioReturn per unit of downside risk | +1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.12 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.69 | 0.73 | +1.97 |
| Martin ratioReturn relative to average drawdown | 6.68 | 1.43 | +5.26 |
Loading charts...
Drawdowns
SA vs. USAU - Drawdown Comparison
The maximum SA drawdown since its inception was -90.99%, smaller than the maximum USAU drawdown of -99.99%. Use the drawdown chart below to compare losses from any high point for SA and USAU.
Loading charts...
Drawdown Indicators
| SA | USAU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.99% | -99.99% | +9.00% |
Max Drawdown (1Y)Largest decline over 1 year | -37.92% | -39.12% | +1.20% |
Max Drawdown (3Y)Largest decline over 3 years | -52.51% | -39.12% | -13.39% |
Max Drawdown (5Y)Largest decline over 5 years | -56.12% | -73.65% | +17.53% |
Max Drawdown (10Y)Largest decline over 10 years | -61.10% | -96.96% | +35.86% |
Current DrawdownCurrent decline from peak | -25.41% | -99.94% | +74.53% |
Average DrawdownAverage peak-to-trough decline | -51.25% | -83.20% | +31.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.25% | 19.82% | -4.57% |
Volatility
SA vs. USAU - Volatility Comparison
Seabridge Gold Inc. (SA) has a higher volatility of 26.14% compared to U.S. Gold Corp. (USAU) at 18.30%. This indicates that SA's price experiences larger fluctuations and is considered to be riskier than USAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SA | USAU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.14% | 18.30% | +7.84% |
Volatility (6M)Calculated over the trailing 6-month period | 54.28% | 50.91% | +3.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 65.46% | 65.17% | +0.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.52% | 63.04% | -11.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.52% | 83.25% | -31.73% |
Dividends
SA vs. USAU - Dividend Comparison
Neither SA nor USAU has paid dividends to shareholders.
Financials
SA vs. USAU - Financials Comparison
This section allows you to compare key financial metrics between Seabridge Gold Inc. and U.S. Gold Corp.. 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
Frequently Asked Questions
SA and USAU have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SA has higher volatility (26.14%) compared to USAU (18.30%). In terms of maximum drawdown, SA dropped -90.99% vs USAU's -99.99%.
SA currently has the higher Sharpe Ratio (1.56 vs 0.44), 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.
Find the right allocation for SA and USAU
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer