TRX.TO vs. TRX
TRX.TO (TRX Gold Corp) and TRX (Tanzanian Gold Corporation) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, TRX.TO returned 9.45%/yr vs 9.84%/yr for TRX. A 0.76 correlation means they provide meaningful diversification when combined.
Performance
TRX.TO vs. TRX - Performance Comparison
Loading charts...
Different Trading Currencies
TRX.TO is traded in CAD, while TRX is traded in USD. To make them comparable, the TRX 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 TRX's 17.67% return. Both investments have delivered pretty close results over the past 10 years, with TRX.TO having a 9.45% annualized return and TRX not far ahead at 9.84%.
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%
TRX
- 1D
- -4.92%
- 1M
- -1.68%
- YTD
- 17.67%
- 6M
- 46.96%
- 1Y
- 221.99%
- 3Y*
- 32.35%
- 5Y*
- 19.50%
- 10Y*
- 9.84%
TRX.TO vs. TRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRX.TO TRX Gold Corp | 16.54% | 188.64% | -13.73% | 13.33% | -8.16% | -41.67% | 6.33% | 64.58% | 37.14% | -47.76% |
TRX Tanzanian Gold Corporation | 17.67% | 186.21% | -12.30% | 9.90% | -8.45% | -40.54% | 5.40% | 67.16% | 36.58% | -47.93% |
Correlation
The correlation between TRX.TO and TRX is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2009 | 0.76 |
The correlation between TRX.TO and TRX shifts across timeframes, from 0.72 (5 years) to 0.87 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
TRX.TO:
CA$38.01M
TRX:
$118.87M
TRX.TO:
CA$16.60M
TRX:
$64.16M
TRX.TO:
CA$11.32M
TRX:
$21.72M
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
TRX.TO vs. TRX — Risk / Return Rank
TRX.TO
TRX
TRX.TO vs. TRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TRX Gold Corp (TRX.TO) and Tanzanian Gold Corporation (TRX). 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 | TRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.40 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 4.48 | 4.47 | +0.01 |
| Martin ratioReturn relative to average drawdown | 10.11 | 10.16 | -0.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| TRX.TO | TRX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.52 | 2.55 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | 0.33 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.13 | 0.14 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.02 | -0.06 | +0.08 |
Drawdowns
TRX.TO vs. TRX - Drawdown Comparison
The maximum TRX.TO drawdown since its inception was -97.16%, roughly equal to the maximum TRX drawdown of -96.29%. Use the drawdown chart below to compare losses from any high point for TRX.TO and TRX.
Loading charts...
Drawdown Indicators
| TRX.TO | TRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.16% | -96.29% | -0.87% |
Max Drawdown (1Y)Largest decline over 1 year | -49.83% | -49.99% | +0.16% |
Max Drawdown (3Y)Largest decline over 3 years | -49.83% | -49.99% | +0.16% |
Max Drawdown (5Y)Largest decline over 5 years | -53.75% | -52.79% | -0.96% |
Max Drawdown (10Y)Largest decline over 10 years | -83.07% | -83.06% | -0.01% |
Current DrawdownCurrent decline from peak | -84.97% | -80.64% | -4.33% |
Average DrawdownAverage peak-to-trough decline | -67.11% | -74.06% | +6.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.03% | 21.96% | +0.07% |
Volatility
TRX.TO vs. TRX - Volatility Comparison
TRX Gold Corp (TRX.TO) has a higher volatility of 18.53% compared to Tanzanian Gold Corporation (TRX) at 16.78%. This indicates that TRX.TO's price experiences larger fluctuations and is considered to be riskier than TRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TRX.TO | TRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.53% | 16.78% | +1.75% |
Volatility (6M)Calculated over the trailing 6-month period | 71.69% | 70.12% | +1.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 88.46% | 87.85% | +0.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.57% | 58.75% | +5.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 74.98% | 71.89% | +3.09% |
Dividends
TRX.TO vs. TRX - Dividend Comparison
Neither TRX.TO nor TRX has paid dividends to shareholders.
Financials
TRX.TO vs. TRX - Financials Comparison
This section allows you to compare key financial metrics between TRX Gold Corp and Tanzanian 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
Frequently Asked Questions
TRX.TO and TRX have a correlation of 0.87, 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 TRX.TO and TRX
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