B vs IAUX: Correlation
How closely do Barrick Mining Corporation (B) and i-80 Gold Corp. (IAUX) trade together? Their weekly returns over three years give a correlation of 0.62, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are B and IAUX?
Across a 3-year window, the weekly returns of B and IAUX correlate at 0.62, strong. The past 12 months show a tighter link (0.77) than the 3-year average (0.62). Stretching to 5 years gives 0.58, with an annualized covariance of 2287.1 %².
By 3-year correlation, IAUX places #12 of the 17 assets tracked against B. Their recent paths diverged sharply: over the last 12 months IAUX outperformed by 69.2 percentage points (+83.1% for B against +152.3% for IAUX). One caveat on sizing: IAUX is 2.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
B vs IAUX: side by side
| B (Barrick Mining Corporation) | IAUX (i-80 Gold Corp.) | |
|---|---|---|
| 1-year return | +83.1% | +152.3% |
| 5-year return | +171.9% | -7.4% |
| Volatility (ann.) | 40.7% | 91.2% |
| Beta vs S&P 500 | 0.87 | 1.99 |
| Max drawdown (3Y) | -33.4% | -82.6% |
| Market cap | $77.9B | $1.7B |
| P/E (trailing) | 12.2 | – |
| Dividend yield | 1.38% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | B | IAUX |
|---|---|---|
| 2022 | -6.2% | +15.0% |
| 2023 | +7.9% | -37.6% |
| 2024 | -12.3% | -72.4% |
| 2025 | +186.9% | +201.0% |
| 2026 | +10.0% | +31.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are B and IAUX good diversifiers for each other?
To a limited degree. At 0.62 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between B and IAUX?
Using weekly returns as of 2026-08-27: 0.62 over 3 years, with 0.77 over the last year and 0.58 over 5 years.
Is IAUX a good diversifier for B?
To a limited degree. At 0.62 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.62 mean?
A reading of 0.62 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/b-vs-iaux.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/b-vs-iaux/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: B correlations · IAUX correlations
