SAABY vs. K.TO
SAABY (Saab AB (publ)) and K.TO (Kinross Gold Corporation) are both stocks. SAABY operates in Aerospace & Defense (Industrials), while K.TO operates in Gold (Basic Materials). Over the past 5 years, SAABY returned 50.73%/yr vs 28.81%/yr for K.TO. At a 0.13 correlation, their price movements are largely independent.
Performance
SAABY vs. K.TO - Performance Comparison
Loading charts...
Different Trading Currencies
SAABY is traded in USD, while K.TO is traded in CAD. To make them comparable, the K.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SAABY achieves a -4.59% return, which is significantly higher than K.TO's -9.10% return.
SAABY
- 1D
- -3.70%
- 1M
- 4.75%
- YTD
- -4.59%
- 6M
- 0.99%
- 1Y
- 14.85%
- 3Y*
- 60.00%
- 5Y*
- 50.73%
- 10Y*
- —
K.TO
- 1D
- 2.95%
- 1M
- -17.18%
- YTD
- -9.10%
- 6M
- -8.09%
- 1Y
- 63.05%
- 3Y*
- 76.47%
- 5Y*
- 28.81%
- 10Y*
- 18.69%
SAABY vs. K.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SAABY Saab AB (publ) | -4.59% | 177.56% | 39.85% | 47.07% | 67.28% | -48.79% | 82.51% |
K.TO Kinross Gold Corporation | -9.10% | 205.76% | 55.88% | 52.77% | -27.35% | -20.20% | 20.47% |
Correlation
The correlation between SAABY and K.TO is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2020 | 0.13 |
The correlation between SAABY and K.TO shifts across timeframes, from 0.13 (all time) to 0.25 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
SAABY:
$29.87B
K.TO:
CA$43.06B
SAABY:
SEK 5.98
K.TO:
$2.36
SAABY:
43.63
K.TO:
10.83
SAABY:
1.33
K.TO:
0.14
SAABY:
3.43
K.TO:
3.90
SAABY:
6.32
K.TO:
3.39
SAABY:
SEK 82.29B
K.TO:
$7.97B
SAABY:
SEK 17.87B
K.TO:
$4.26B
SAABY:
SEK 9.44B
K.TO:
$5.03B
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
SAABY vs. K.TO — Risk / Return Rank
SAABY
K.TO
SAABY vs. K.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Saab AB (publ) (SAABY) and Kinross Gold Corporation (K.TO). 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.
| SAABY | K.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.94 | ||
| Sortino ratioReturn per unit of downside risk | -0.89 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.24 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.46 | 1.77 | -1.31 |
| Martin ratioReturn relative to average drawdown | 1.14 | 5.33 | -4.19 |
Loading charts...
Drawdowns
SAABY vs. K.TO - Drawdown Comparison
The maximum SAABY drawdown since its inception was -52.75%, smaller than the maximum K.TO drawdown of -94.64%. Use the drawdown chart below to compare losses from any high point for SAABY and K.TO.
Loading charts...
Drawdown Indicators
| SAABY | K.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.75% | -94.64% | +41.89% |
Max Drawdown (1Y)Largest decline over 1 year | -37.04% | -37.51% | +0.47% |
Max Drawdown (3Y)Largest decline over 3 years | -37.04% | -37.51% | +0.47% |
Max Drawdown (5Y)Largest decline over 5 years | -37.04% | -59.49% | +22.45% |
Max Drawdown (10Y)Largest decline over 10 years | — | -68.23% | — |
Current DrawdownCurrent decline from peak | -31.92% | -32.36% | +0.44% |
Average DrawdownAverage peak-to-trough decline | -16.96% | -61.04% | +44.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.01% | 12.45% | +2.56% |
Volatility
SAABY vs. K.TO - Volatility Comparison
The current volatility for Saab AB (publ) (SAABY) is 15.37%, while Kinross Gold Corporation (K.TO) has a volatility of 18.27%. This indicates that SAABY experiences smaller price fluctuations and is considered to be less risky than K.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SAABY | K.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.37% | 18.27% | -2.90% |
Volatility (6M)Calculated over the trailing 6-month period | 33.13% | 39.44% | -6.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.86% | 51.25% | -3.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.05% | 42.93% | +4.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.50% | 45.97% | +11.53% |
Dividends
SAABY vs. K.TO - Dividend Comparison
SAABY's dividend yield for the trailing twelve months is around 0.43%, less than K.TO's 0.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
K.TO Kinross Gold Corporation | 0.56% | 0.45% | 1.23% | 2.04% | 2.68% | 1.63% | 0.85% |
SAABY Saab AB (publ) | 0.43% | 0.36% | 0.73% | 0.84% | 1.24% | 2.19% | 0.00% |
Financials
SAABY vs. K.TO - Financials Comparison
This section allows you to compare key financial metrics between Saab AB (publ) and Kinross Gold Corporation. 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
SAABY vs. K.TO - Profitability Comparison
SAABY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Saab AB (publ) reported a gross profit of 4.48B and revenue of 19.16B. Therefore, the gross margin over that period was 23.4%.
K.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kinross Gold Corporation reported a gross profit of 1.44B and revenue of 2.41B. Therefore, the gross margin over that period was 59.9%.
SAABY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Saab AB (publ) reported an operating income of 1.91B and revenue of 19.16B, resulting in an operating margin of 10.0%.
K.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kinross Gold Corporation reported an operating income of 1.33B and revenue of 2.41B, resulting in an operating margin of 55.1%.
SAABY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Saab AB (publ) reported a net income of 1.44B and revenue of 19.16B, resulting in a net margin of 7.5%.
K.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kinross Gold Corporation reported a net income of 843.00M and revenue of 2.41B, resulting in a net margin of 35.0%.
Frequently Asked Questions
SAABY and K.TO have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for SAABY and K.TO
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