SBSW vs. GOLD
SBSW (Sibanye Stillwater Limited) and GOLD (Barrick Mining Corporation) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Their 0.51 correlation means they have sometimes moved together and sometimes differently.
Performance
SBSW vs. GOLD - Performance Comparison
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Returns By Period
In the year-to-date period, SBSW achieves a -36.16% return, which is significantly lower than GOLD's 22.50% return.
SBSW
- 1D
- -2.75%
- 1M
- -1.34%
- 6M
- -46.11%
- YTD
- -36.16%
- 1Y
- 9.86%
- 3Y*
- 9.31%
- 5Y*
- -9.11%
- 10Y*
- -4.64%
- ALL TIME*
- 6.09%
GOLD
- 1D
- -1.71%
- 1M
- -5.98%
- 6M
- -19.55%
- YTD
- 22.50%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $13.90M | $15.32M | $19.34M | |
| $39.81M | $42.24M | $52.04M |
SBSW vs. GOLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SBSW Sibanye Stillwater Limited | -36.16% | 8.53% |
GOLD Barrick Mining Corporation | 22.50% | 13.01% |
Correlation
The correlation between SBSW and GOLD is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 2, 2025 | 0.51 |
Fundamentals
SBSW:
$6.26B
GOLD:
$1.20B
SBSW:
-ZAR 17.51
GOLD:
$3.15
SBSW:
0.43
GOLD:
0.05
SBSW:
2.62
GOLD:
1.29
SBSW:
ZAR 238.26B
GOLD:
$23.02B
SBSW:
ZAR 50.42B
GOLD:
$169.58M
SBSW:
ZAR 23.43B
GOLD:
-$162.41M
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Return for Risk
SBSW vs. GOLD — Risk / Return Rank
SBSW
GOLD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SBSW vs. GOLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sibanye Stillwater Limited (SBSW) and Barrick Mining Corporation (GOLD). 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.
| SBSW | GOLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.08 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.15 | — | — |
| Martin ratioReturn relative to average drawdown | 0.28 | — | — |
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Drawdowns
SBSW vs. GOLD - Drawdown Comparison
The maximum SBSW drawdown since its inception was -89.24%, which is greater than GOLD's maximum drawdown of -40.93%. Use the drawdown chart below to compare losses from any high point for SBSW and GOLD.
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Drawdown Indicators
| SBSW | GOLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.24% | -40.93% | -48.31% |
Max Drawdown (1Y)Largest decline over 1 year | -61.02% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -61.02% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -82.53% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -89.24% | — | — |
Current DrawdownCurrent decline from peak | -56.93% | -34.97% | -21.96% |
Average DrawdownAverage peak-to-trough decline | -48.30% | -21.49% | -26.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.16% | — | — |
Volatility
SBSW vs. GOLD - Volatility Comparison
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Volatility by Period
| SBSW | GOLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.70% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 50.74% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 68.12% | 55.58% | +12.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.18% | 55.58% | +4.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.13% | 55.58% | +8.55% |
Dividends
SBSW vs. GOLD - Dividend Comparison
SBSW's dividend yield for the trailing twelve months is around 3.71%, more than GOLD's 0.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOLD Barrick Mining Corporation | 0.97% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SBSW Sibanye Stillwater Limited | 3.71% | 0.00% | 0.00% | 6.98% | 7.68% | 13.34% | 0.75% | 0.00% | 0.00% | 2.68% | 5.12% | 3.05% |
Financials
SBSW vs. GOLD - Financials Comparison
This section allows you to compare key financial metrics between Sibanye Stillwater Limited and Barrick Mining 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
SBSW vs. GOLD - Profitability Comparison
SBSW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Sibanye Stillwater Limited reported a gross profit of 18.20B and revenue of 71.36B. Therefore, the gross margin over that period was 25.5%.
GOLD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Barrick Mining Corporation reported a gross profit of 176.58M and revenue of 10.35B. Therefore, the gross margin over that period was 1.7%.
SBSW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Sibanye Stillwater Limited reported an operating income of 13.77B and revenue of 71.36B, resulting in an operating margin of 19.3%.
GOLD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Barrick Mining Corporation reported an operating income of 106.13M and revenue of 10.35B, resulting in an operating margin of 1.0%.
SBSW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Sibanye Stillwater Limited reported a net income of -1.51B and revenue of 71.36B, resulting in a net margin of -2.1%.
GOLD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Barrick Mining Corporation reported a net income of 59.49M and revenue of 10.35B, resulting in a net margin of 0.6%.
Frequently Asked Questions
SBSW and GOLD have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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