SSL.TO vs. CLIQ.DE

Last updated Jun 4, 2026

SSL.TO (Sandstorm Gold Ltd.) and CLIQ.DE (Cliq Digital AG) are both stocks. SSL.TO operates in Gold (Basic Materials), while CLIQ.DE operates in Entertainment (Communication Services). At a 0.04 correlation, their price movements are largely independent.

Performance

SSL.TO vs. CLIQ.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Sandstorm Gold Ltd. (SSL.TO) and Cliq Digital AG (CLIQ.DE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SSL.TO is traded in CAD, while CLIQ.DE is traded in EUR. To make them comparable, the CLIQ.DE values have been converted to CAD using the latest available exchange rates.

Returns By Period

SSL.TO

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CLIQ.DE

• 1D: 0.97%
• 1M: 3.48%
• YTD: 171.44%
• 6M: 143.05%
• 1Y: -25.66%
• 3Y*: -44.34%
• 5Y*: -31.21%
• 10Y*: 5.47%

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

SSL.TO vs. CLIQ.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SSL.TO Sandstorm Gold Ltd.	0.00%	101.57%	23.55%	8.31%	2.69%	-13.93%	-5.88%	61.91%	0.64%	19.17%
CLIQ.DE Cliq Digital AG	171.44%	-67.55%	-76.09%	-15.36%	6.88%	38.66%	529.00%	59.55%	-78.34%	69.61%

Correlation

The correlation between SSL.TO and CLIQ.DE is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.06
Correlation (10Y) Calculated over the trailing 10-year period	0.06
Correlation (All Time) Calculated using the full available price history since Jun 23, 2009	0.04

The correlation between SSL.TO and CLIQ.DE shifts across timeframes, from -0.10 (1 year) to 0.06 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

SSL.TO vs. CLIQ.DE — Risk / Return Rank

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

CLIQ.DE

CLIQ.DE Risk / Return Rank: 33
CLIQ.DE Sharpe Ratio Rank: 30
CLIQ.DE Sortino Ratio Rank: 37
CLIQ.DE Omega Ratio Rank: 38
CLIQ.DE Calmar Ratio Rank: 29
CLIQ.DE Martin Ratio Rank: 32

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.

SSL.TO vs. CLIQ.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sandstorm Gold Ltd. (SSL.TO) and Cliq Digital AG (CLIQ.DE). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SSL.TO	CLIQ.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.24	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.41	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.08	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.04	—

Drawdowns

Drawdown Indicators

	SSL.TO	CLIQ.DE	Difference
Max Drawdown Largest peak-to-trough decline	—	-95.78%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-76.44%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-93.97%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-94.75%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-95.78%	—
Current Drawdown Current decline from peak	—	-88.51%	—
Average Drawdown Average peak-to-trough decline	—	-60.81%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	53.90%	—

Volatility

Volatility by Period

	SSL.TO	CLIQ.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.14%	—
Volatility (6M) Calculated over the trailing 6-month period	—	83.34%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	107.76%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	75.91%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	69.84%	—

Dividends

SSL.TO vs. CLIQ.DE - Dividend Comparison

SSL.TO's dividend yield for the trailing twelve months is around 0.12%, less than CLIQ.DE's 1.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
CLIQ.DE Cliq Digital AG	1.08%	5.84%	0.86%	9.00%	4.37%	1.86%	1.69%	0.00%
SSL.TO Sandstorm Gold Ltd.	0.12%	0.25%	1.94%	14.70%	13.03%	0.00%	0.00%	4.21%

Financials

Frequently Asked Questions

Can I hold both SSL.TO and CLIQ.DE in my portfolio?

SSL.TO and CLIQ.DE have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.