TRX.TO vs. GOLD
TRX.TO (TRX Gold Corp) and GOLD (Barrick Mining Corporation) are both stocks. Both operate in the Gold industry within the Basic Materials sector. At a 0.41 correlation, their price movements are largely independent.
Performance
TRX.TO vs. GOLD - Performance Comparison
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Different Trading Currencies
TRX.TO is traded in CAD, while GOLD is traded in USD. To make them comparable, the GOLD values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, TRX.TO achieves a 16.54% return, which is significantly lower than GOLD's 17.67% return.
TRX.TO
- 1D
- -5.13%
- 1M
- -3.90%
- YTD
- 16.54%
- 6M
- 45.10%
- 1Y
- 221.74%
- 3Y*
- 32.24%
- 5Y*
- 19.01%
- 10Y*
- 9.45%
GOLD
- 1D
- -1.57%
- 1M
- -5.68%
- YTD
- 17.67%
- 6M
- 25.59%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TRX.TO vs. GOLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TRX.TO TRX Gold Corp | 16.54% | 24.51% |
GOLD Barrick Mining Corporation | 17.67% | 12.34% |
Correlation
The correlation between TRX.TO and GOLD is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 3, 2025 | 0.41 |
Fundamentals
TRX.TO:
CA$38.01M
GOLD:
$23.02B
TRX.TO:
CA$16.60M
GOLD:
$169.58M
TRX.TO:
CA$11.32M
GOLD:
-$162.41M
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Return for Risk
TRX.TO vs. GOLD — Risk / Return Rank
TRX.TO
GOLD
TRX.TO vs. GOLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TRX Gold Corp (TRX.TO) 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.
| TRX.TO | GOLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.40 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.48 | — | — |
| Martin ratioReturn relative to average drawdown | 10.11 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TRX.TO | GOLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.52 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.13 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.02 | 1.33 | -1.31 |
Drawdowns
TRX.TO vs. GOLD - Drawdown Comparison
The maximum TRX.TO drawdown since its inception was -97.16%, which is greater than GOLD's maximum drawdown of -38.98%. Use the drawdown chart below to compare losses from any high point for TRX.TO and GOLD.
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Drawdown Indicators
| TRX.TO | GOLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.16% | -38.98% | -58.18% |
Max Drawdown (1Y)Largest decline over 1 year | -49.83% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -49.83% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -53.75% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -83.07% | — | — |
Current DrawdownCurrent decline from peak | -84.97% | -36.77% | -48.20% |
Average DrawdownAverage peak-to-trough decline | -67.11% | -16.74% | -50.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.03% | — | — |
Volatility
TRX.TO vs. GOLD - Volatility Comparison
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Volatility by Period
| TRX.TO | GOLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.53% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 71.69% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 88.46% | 56.91% | +31.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.57% | 56.91% | +7.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 74.98% | 56.91% | +18.07% |
Dividends
TRX.TO vs. GOLD - Dividend Comparison
TRX.TO has not paid dividends to shareholders, while GOLD's dividend yield for the trailing twelve months is around 1.02%.
| Position | TTM |
|---|---|
GOLD Barrick Mining Corporation | 1.02% |
TRX.TO TRX Gold Corp | 0.00% |
Financials
TRX.TO vs. GOLD - Financials Comparison
This section allows you to compare key financial metrics between TRX Gold Corp 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
Frequently Asked Questions
TRX.TO and GOLD have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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