ZJG.TO vs. KNT.TO

Last updated Apr 1, 2026

Compare and contrast key facts about BMO Junior Gold Index ETF (ZJG.TO) and K92 Mining Inc. (KNT.TO).

ZJG.TO is a passively managed fund by BMO that tracks the performance of the Dow Jones North America Select Junior Gold Index. It was launched on Jan 19, 2010.

Performance

ZJG.TO vs. KNT.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in BMO Junior Gold Index ETF (ZJG.TO) and K92 Mining Inc. (KNT.TO). The values are adjusted to include any dividend payments, if applicable.

ZJG.TO vs. KNT.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ZJG.TO BMO Junior Gold Index ETF	12.15%	154.66%	36.44%	6.11%	-0.89%	-16.72%	24.40%	42.01%	-18.76%	11.85%
KNT.TO K92 Mining Inc.	4.05%	161.41%	33.33%	-15.12%	6.68%	-5.52%	164.24%	242.86%	55.56%	-44.33%

Returns By Period

In the year-to-date period, ZJG.TO achieves a 12.15% return, which is significantly higher than KNT.TO's 4.05% return. Over the past 10 years, ZJG.TO has underperformed KNT.TO with an annualized return of 20.60%, while KNT.TO has yielded a comparatively higher 44.38% annualized return.

ZJG.TO

• 1D: 8.29%
• 1M: -20.41%
• YTD: 12.15%
• 6M: 28.29%
• 1Y: 119.13%
• 3Y*: 53.40%
• 5Y*: 31.70%
• 10Y*: 20.60%

KNT.TO

• 1D: 5.78%
• 1M: -28.19%
• YTD: 4.05%
• 6M: 40.37%
• 1Y: 90.25%
• 3Y*: 45.40%
• 5Y*: 28.38%
• 10Y*: 44.38%

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

Return for Risk

ZJG.TO vs. KNT.TO — Risk / Return Rank

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

ZJG.TO

ZJG.TO Risk / Return Rank: 94
ZJG.TO Sharpe Ratio Rank: 96
ZJG.TO Sortino Ratio Rank: 92
ZJG.TO Omega Ratio Rank: 93
ZJG.TO Calmar Ratio Rank: 94
ZJG.TO Martin Ratio Rank: 93

KNT.TO

KNT.TO Risk / Return Rank: 86
KNT.TO Sharpe Ratio Rank: 90
KNT.TO Sortino Ratio Rank: 83
KNT.TO Omega Ratio Rank: 84
KNT.TO Calmar Ratio Rank: 82
KNT.TO Martin Ratio Rank: 89

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.

ZJG.TO vs. KNT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BMO Junior Gold Index ETF (ZJG.TO) and K92 Mining Inc. (KNT.TO). 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.

	ZJG.TO	KNT.TO	Difference
Sharpe ratio Return per unit of total volatility	2.62	1.91	+0.72
Sortino ratio Return per unit of downside risk	2.78	2.23	+0.55
Omega ratio Gain probability vs. loss probability	1.41	1.32	+0.10
Calmar ratio Return relative to maximum drawdown	3.75	2.53	+1.23
Martin ratio Return relative to average drawdown	13.39	9.79	+3.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ZJG.TO vs. KNT.TO - Sharpe Ratio Comparison

The current ZJG.TO Sharpe Ratio is 2.62, which is higher than the KNT.TO Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of ZJG.TO and KNT.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ZJG.TO	KNT.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.62	1.91	+0.72
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.89	0.59	+0.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	0.72	-0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	0.44	-0.25

Correlation

The correlation between ZJG.TO and KNT.TO is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

ZJG.TO vs. KNT.TO - Dividend Comparison

ZJG.TO's dividend yield for the trailing twelve months is around 0.10%, while KNT.TO has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021
ZJG.TO BMO Junior Gold Index ETF	0.10%	0.12%	0.68%	0.90%	0.83%	0.36%
KNT.TO K92 Mining Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

ZJG.TO vs. KNT.TO - Drawdown Comparison

The maximum ZJG.TO drawdown since its inception was -81.59%, roughly equal to the maximum KNT.TO drawdown of -82.00%. Use the drawdown chart below to compare losses from any high point for ZJG.TO and KNT.TO.

Drawdown Indicators

	ZJG.TO	KNT.TO	Difference
Max Drawdown Largest peak-to-trough decline	-81.59%	-82.00%	+0.41%
Max Drawdown (1Y) Largest decline over 1 year	-32.02%	-38.35%	+6.33%
Max Drawdown (5Y) Largest decline over 5 years	-41.63%	-54.53%	+12.90%
Max Drawdown (10Y) Largest decline over 10 years	-48.58%	-80.47%	+31.89%
Current Drawdown Current decline from peak	-20.85%	-28.82%	+7.97%
Average Drawdown Average peak-to-trough decline	-49.37%	-36.52%	-12.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.98%	9.90%	-0.92%

Volatility

ZJG.TO vs. KNT.TO - Volatility Comparison

The current volatility for BMO Junior Gold Index ETF (ZJG.TO) is 18.91%, while K92 Mining Inc. (KNT.TO) has a volatility of 21.13%. This indicates that ZJG.TO experiences smaller price fluctuations and is considered to be less risky than KNT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ZJG.TO	KNT.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.91%	21.13%	-2.22%
Volatility (6M) Calculated over the trailing 6-month period	39.13%	40.41%	-1.28%
Volatility (1Y) Calculated over the trailing 1-year period	45.65%	47.63%	-1.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.72%	48.58%	-12.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.46%	61.96%	-23.50%