TOYO vs. IAG

Last updated Jun 4, 2026

TOYO (TOYO Co., Ltd) and IAG (IAMGOLD Corporation) are both stocks. TOYO operates in Solar (Technology), while IAG operates in Gold (Basic Materials). Over the past year, TOYO returned 380.99% vs 123.80% for IAG. At a 0.03 correlation, their price movements are largely independent.

Performance

TOYO vs. IAG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TOYO Co., Ltd (TOYO) and IAMGOLD Corporation (IAG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TOYO achieves a 180.72% return, which is significantly higher than IAG's 2.06% return.

TOYO

• 1D: -1.67%
• 1M: 41.44%
• YTD: 180.72%
• 6M: 157.43%
• 1Y: 380.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IAG

• 1D: -3.77%
• 1M: 3.19%
• YTD: 2.06%
• 6M: 11.98%
• 1Y: 123.80%
• 3Y*: 80.96%
• 5Y*: 35.39%
• 10Y*: 16.17%

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

TOYO vs. IAG - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TOYO TOYO Co., Ltd	180.72%	73.37%	-20.28%
IAG IAMGOLD Corporation	2.06%	219.57%	40.98%

Correlation

The correlation between TOYO and IAG is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (All Time) Calculated using the full available price history since Jul 2, 2024	0.03

Fundamentals

EPS TOYO : $0.72 IAG : $1.73
PE Ratio TOYO : 22.93 IAG : 9.73
PEG Ratio TOYO : 0.17 IAG : 0.06
PS Ratio TOYO : 3.15 IAG : 2.87
Total Revenue (TTM) TOYO : $177.98M IAG : $3.42B
Gross Profit (TTM) TOYO : $18.34M IAG : $1.64B
EBITDA (TTM) TOYO : $19.98M IAG : $1.97B

Return for Risk

TOYO vs. IAG — Risk / Return Rank

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

TOYO

TOYO Risk / Return Rank: 96
TOYO Sharpe Ratio Rank: 98
TOYO Sortino Ratio Rank: 94
TOYO Omega Ratio Rank: 93
TOYO Calmar Ratio Rank: 98
TOYO Martin Ratio Rank: 97

IAG

IAG Risk / Return Rank: 84
IAG Sharpe Ratio Rank: 88
IAG Sortino Ratio Rank: 82
IAG Omega Ratio Rank: 81
IAG Calmar Ratio Rank: 85
IAG Martin Ratio Rank: 84

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.

TOYO vs. IAG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TOYO Co., Ltd (TOYO) and IAMGOLD Corporation (IAG). 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.

	TOYO	IAG	Difference
Sharpe ratio Return per unit of total volatility	4.74	2.06	+2.69
Sortino ratio Return per unit of downside risk	4.01	2.46	+1.55
Omega ratio Gain probability vs. loss probability	1.50	1.32	+0.18
Calmar ratio Return relative to maximum drawdown	13.61	3.60	+10.01
Martin ratio Return relative to average drawdown	26.81	8.46	+18.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TOYO vs. IAG - Sharpe Ratio Comparison

The current TOYO Sharpe Ratio is 4.74, which is higher than the IAG Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of TOYO and IAG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TOYO	IAG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.74	2.06	+2.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.59	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.28	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	0.11	+0.70

Drawdowns

TOYO vs. IAG - Drawdown Comparison

The maximum TOYO drawdown since its inception was -63.44%, smaller than the maximum IAG drawdown of -95.55%. Use the drawdown chart below to compare losses from any high point for TOYO and IAG.

Drawdown Indicators

	TOYO	IAG	Difference
Max Drawdown Largest peak-to-trough decline	-63.44%	-95.55%	+32.11%
Max Drawdown (1Y) Largest decline over 1 year	-28.21%	-34.60%	+6.39%
Max Drawdown (3Y) Largest decline over 3 years	—	-34.60%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-74.25%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-86.46%	—
Current Drawdown Current decline from peak	-1.67%	-31.50%	+29.83%
Average Drawdown Average peak-to-trough decline	-29.14%	-56.22%	+27.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.30%	14.70%	-0.40%

Volatility

TOYO vs. IAG - Volatility Comparison

TOYO Co., Ltd (TOYO) has a higher volatility of 35.66% compared to IAMGOLD Corporation (IAG) at 19.64%. This indicates that TOYO's price experiences larger fluctuations and is considered to be riskier than IAG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TOYO	IAG	Difference
Volatility (1M) Calculated over the trailing 1-month period	35.66%	19.64%	+16.02%
Volatility (6M) Calculated over the trailing 6-month period	61.79%	47.15%	+14.64%
Volatility (1Y) Calculated over the trailing 1-year period	80.98%	60.49%	+20.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	128.04%	60.24%	+67.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	128.04%	58.52%	+69.52%

Dividends

TOYO vs. IAG - Dividend Comparison

Neither TOYO nor IAG has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both TOYO and IAG in my portfolio?

TOYO and IAG 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.

Which is riskier, TOYO or IAG?

TOYO has higher volatility (35.66%) compared to IAG (19.64%). In terms of maximum drawdown, TOYO dropped -63.44% vs IAG's -95.55%.

Which has better risk-adjusted returns?

TOYO currently has the higher Sharpe Ratio (4.74 vs 2.06), 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.