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ZGD.TO vs. KIN2.DE
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ZGD.TO vs. KIN2.DE

Last updated Apr 1, 2026

Compare and contrast key facts about BMO Equal Weight Global Gold Index ETF (ZGD.TO) and Kinross Gold Corporation (KIN2.DE).

ZGD.TO is a passively managed fund by BMO that tracks the performance of the Solactive Equal Weight Global Gold Index. It was launched on Nov 14, 2012.

Performance

ZGD.TO vs. KIN2.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in BMO Equal Weight Global Gold Index ETF (ZGD.TO) and Kinross Gold Corporation (KIN2.DE). The values are adjusted to include any dividend payments, if applicable.

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ZGD.TO vs. KIN2.DE - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
ZGD.TO
BMO Equal Weight Global Gold Index ETF		11.73%170.64%37.48%10.17%-2.30%-12.57%26.59%9.00%
KIN2.DE
Kinross Gold Corporation		5.24%200.11%68.32%44.32%-19.90%-23.71%56.35%6.56%
Different Trading Currencies

ZGD.TO is traded in CAD, while KIN2.DE is traded in EUR. To make them comparable, the KIN2.DE values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, ZGD.TO achieves a 11.73% return, which is significantly higher than KIN2.DE's 5.24% return.

ZGD.TO

1D
7.87%
1M
-18.70%
YTD
11.73%
6M
31.71%
1Y
123.98%
3Y*
57.32%
5Y*
35.00%
10Y*
21.57%

KIN2.DE

1D
3.01%
1M
-17.74%
YTD
5.24%
6M
21.84%
1Y
130.73%
3Y*
88.59%
5Y*
38.47%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

BMO Equal Weight Global Gold Index ETF

Kinross Gold Corporation

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ZGD.TO vs. XGD.TOZGD.TO vs. GLDZGD.TO vs. AMAX.TOZGD.TO vs. GDXUZGD.TO vs. SGDMZGD.TO vs. ZEB.TOZGD.TO vs. RGPM.NEO
Often compared with KIN2.DE:
KIN2.DE vs. XAUUSD=XKIN2.DE vs. GLDU.TOKIN2.DE vs. ABX.TOKIN2.DE vs. GOLD

Return for Risk

ZGD.TO vs. KIN2.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ZGD.TO
ZGD.TO Risk / Return Rank: 9595
Overall Rank
ZGD.TO Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
ZGD.TO Sortino Ratio Rank: 9494
Sortino Ratio Rank
ZGD.TO Omega Ratio Rank: 9494
Omega Ratio Rank
ZGD.TO Calmar Ratio Rank: 9696
Calmar Ratio Rank
ZGD.TO Martin Ratio Rank: 9595
Martin Ratio Rank
KIN2.DE
KIN2.DE Risk / Return Rank: 9292
Overall Rank
KIN2.DE Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
KIN2.DE Sortino Ratio Rank: 9090
Sortino Ratio Rank
KIN2.DE Omega Ratio Rank: 8989
Omega Ratio Rank
KIN2.DE Calmar Ratio Rank: 9191
Calmar Ratio Rank
KIN2.DE Martin Ratio Rank: 9393
Martin Ratio Rank
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.

ZGD.TO vs. KIN2.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BMO Equal Weight Global Gold Index ETF (ZGD.TO) and Kinross Gold Corporation (KIN2.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.

ZGD.TOKIN2.DEDifference

Sharpe ratio

Return per unit of total volatility

2.75

2.77

-0.02

Sortino ratio

Return per unit of downside risk

2.86

2.94

-0.08

Omega ratio

Gain probability vs. loss probability

1.43

1.40

+0.04

Calmar ratio

Return relative to maximum drawdown

4.17

4.25

-0.08

Martin ratio

Return relative to average drawdown

15.14

14.15

+1.00

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ZGD.TO vs. KIN2.DE - Sharpe Ratio Comparison

The current ZGD.TO Sharpe Ratio is 2.75, which is comparable to the KIN2.DE Sharpe Ratio of 2.77. The chart below compares the historical Sharpe Ratios of ZGD.TO and KIN2.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

ZGD.TOKIN2.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.75

2.77

-0.02

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.98

0.95

+0.03

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.58

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.30

0.85

-0.55

Correlation

The correlation between ZGD.TO and KIN2.DE is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ZGD.TO vs. KIN2.DE - Dividend Comparison

ZGD.TO's dividend yield for the trailing twelve months is around 0.20%, less than KIN2.DE's 0.28% yield.

TTM20252024202320222021202020192018201720162015
ZGD.TO
BMO Equal Weight Global Gold Index ETF		0.20%0.22%0.59%0.76%0.77%0.38%0.16%1.20%0.00%0.00%0.32%0.46%
KIN2.DE
Kinross Gold Corporation		0.28%0.28%0.79%1.30%1.97%1.42%0.55%0.00%0.00%0.00%0.00%0.00%

Drawdowns

ZGD.TO vs. KIN2.DE - Drawdown Comparison

The maximum ZGD.TO drawdown since its inception was -60.12%, smaller than the maximum KIN2.DE drawdown of -69.25%. Use the drawdown chart below to compare losses from any high point for ZGD.TO and KIN2.DE.

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Drawdown Indicators

ZGD.TOKIN2.DEDifference

Max Drawdown

Largest peak-to-trough decline

-60.12%

-63.16%

+3.04%

Max Drawdown (1Y)

Largest decline over 1 year

-30.15%

-28.99%

-1.16%

Max Drawdown (5Y)

Largest decline over 5 years

-42.75%

-54.53%

+11.78%

Max Drawdown (10Y)

Largest decline over 10 years

-51.72%

—

—

Current Drawdown

Current decline from peak

-18.77%

-20.54%

+1.77%

Average Drawdown

Average peak-to-trough decline

-28.47%

-25.60%

-2.87%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.30%

8.66%

-0.36%

Volatility

ZGD.TO vs. KIN2.DE - Volatility Comparison

BMO Equal Weight Global Gold Index ETF (ZGD.TO) has a higher volatility of 18.29% compared to Kinross Gold Corporation (KIN2.DE) at 15.81%. This indicates that ZGD.TO's price experiences larger fluctuations and is considered to be riskier than KIN2.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ZGD.TOKIN2.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

18.29%

15.81%

+2.48%

Volatility (6M)

Calculated over the trailing 6-month period

37.55%

37.07%

+0.48%

Volatility (1Y)

Calculated over the trailing 1-year period

45.29%

46.93%

-1.64%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

35.83%

40.57%

-4.74%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

37.54%

45.11%

-7.57%